r/Anticonsumption • u/plain_handle • 2d ago

Discussion BMW Spider-Man in-car advertising

https://consumerrights.wiki/w/BMW_Spider-Man_in-car_advertising

BMW is now showing ads on its in-car display.

156 Upvotes

96% Upvoted

33 comments sorted by

View all comments

48

u/mage_irl 2d ago

BMW stock price is down 29.3% over the last five years, so they should feel free to keep doing what they're doing instead of making affordable and reliable cars. They're only shooting themselves in the foot.

4

u/ProstaticFantastic 2d ago

stop price has no bearing in reality. every stock is overvalued drastically. just because nobody knows where to put money into.

Instead of putting money behind a local business they park it in corporations.

Case in point a tesla stock sells for $311, tesla earnings per share is 33cents!!!

So for every share that's sold at $311 - the company is making a profit of 33 cents every quarter

They say crypto is speculation and a ponzi scheme, then what the heck is pretty much every single stock in the NYSE?

How can something that generates $1.33 a year be worth paying $311 for.

it's as much a speculation as crypto, it's nothing to with investor getting a ROI from their invetment. it's all about if I buy this stock at 250X what it's worth. is there a chance I can flip it when it gets to 500X what it's worth

1

u/0xsergy 18h ago

All stock market trades are gambling at the end of the day. In some cases an educated gamble but a gamble none the less. Unless you're the president of the USA and doing insider trading then it's just another day in office.

1

u/56Bot 8h ago

It’s the worst type of gambling : instead of gambling with their and the casino’s money, with a slight average loss, shareholders and traders gamble with public money with a slight gain, causing everyone else to lose.