[ExI] shiller pe ratio near record high
Adrian Tymes
atymes at gmail.com
Wed Jun 24 16:10:50 UTC 2026
On Wed, Jun 24, 2026 at 11:59 AM <spike at rainier66.com> wrote:
> > On Behalf Of Adrian Tymes via extropy-chat
>
> > Checking the stock price this morning, it seems my hypothetical
> strategy - "buy at the IPO then sell within a day, because within a
> week it's going down" would have worked. … Adrian
>
> Adrian, hold your cash, watch and wait. I am betting SpaceX will go lower. It’s one of those cases where it is a great company but not a great stock.
To be clear, I don't actually have anything I can put into this right
now. But if I did, right at this second...I'd wait. The immediate
sell-off appears to have finished. Relative to last week's
trajectory, it's fairly flat right now. (Relatively very minor rise
since Monday's close - $156.80 to $157.80 as I type this - the kind of
difference that's eaten by fees whether you guessed right or wrong
about the direction.)
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