Servant of Jesus Christ, Grain Farmer, professional precision farming technician, and husband, Dad to Henry
Joined May 2020
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Jun 12
Jun 11
I guarantee there's people out there already bidding $180 spcx
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Jun 10
Bag holders live among us
Anna Watts, a 33-year-old public relations manager in New York, has stashed away $6,500 to buy SpaceX stock after it hits the market Friday. If she had her way, sheβd buy even more. bloomberg.com/news/articles/β¦
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Jun 10
I can't wait to buy puts
Jun 10
BREAKING: SpaceX's IPO is expected to create 4,000 new millionaires, including some cafeteria workers whose compensation packages include employee stock options, per Bloomberg.
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Jun 10
It's hilarious how nobody cares about beef tallow anymore.. Remember that? All the rage for like 6 days
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Jun 10
I'm itching to load back up on gold miners
I'm also itching to lay puts on tech
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Riley retweeted
A look back at the stocks that traded above 10x sales at the dot-com peak.
What happened next:
β Cisco: ~25x sales, P/E above 200. Crashed -90%. Finally broke its 2000 peak in December 2025. 25 years and 8 months later.
β Intel: ~13x sales. Crashed -82%. Finally broke its 2000 peak in May 2026. Almost exactly 26 years later.
β Microsoft: ~25x sales. Crashed -65%. Took 16 years and 8 months to make a new high (October 2016).
β Qualcomm: ~30x sales. Crashed -88%. Took roughly 20 years to break even.
β Sun Microsystems: ~10x sales. Crashed -97%. Acquired by Oracle in 2009.
β JDSU: ~50x sales. Crashed -99%. Broken into pieces.
β Yahoo: ~50x sales. Crashed -97%. Sold to Verizon for a fraction.
β Lucent: ~10x sales. Crashed -99%. Eventually absorbed by Nokia.
β Nortel: ~15x sales. Bankrupt in 2009.
Then there's the famous mega survivor.
Amazon traded at ~30x sales at the peak. It still crashed -97%. The investor who bought at the top held through a 97% drawdown before eventually making money roughly a decade later.
The lesson isn't that every 10x sales stock ends in zero.
It's that even the eventual winners crash 90% first, and break even only after a generation.
Cisco. Intel. Microsoft. Amazon. The four greatest tech survivors of the dot-com era. Average time to break even on price alone: roughly 19 years. Inflation-adjusted, the math is uglier.
You have to be very right, very early, and willing to hold through unimaginable pain.
Most people aren't.
51% of the S&P 500's market cap is in stocks trading above 10x sales.
Half the index.
In 2002, after Sun Microsystems crashed 90%, CEO Scott McNealy famously said this about his own stock at 10x sales:
"At 10x revenues, to give you a 10-year payback, I have to pay you 100% of revenues for 10 straight years in dividends. Zero costs. Zero R&D. Zero taxes. Zero employees. What were you thinking?"
He was explaining why investors had been insane to pay it.
Today, half the S&P 500 trades there.
Different decade. Same math.
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Jun 10
No matter what bad the skies may bring, always remember to look for God's promise on the other side
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Jun 10
Seems like somebody is turning the social unrest knob up on the simulation lately
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Jun 8
Breaking: All global distractions have been canceled this week because all Space-X IPO attention must be forced upon you leading up to Friday
Try not to get too much drool on your screen
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Jun 8
Burger-King Whopper
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Jun 7
If I farmed in Brazil I would just plant continuous silage corn and have the world's biggest feedlot
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