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(YouTube)   Trader goes on CNBC to pump stock and can't explain what the company does   (youtube.com) divider line
    More: Dumbass  
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512 clicks; posted to Business » on 19 Oct 2021 at 9:27 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



26 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-10-19 8:50:49 AM  
"They do business stuff"
 
2021-10-19 8:51:43 AM  
Another budding Jim Cramer held up to the light. Good on the anchor for calling this idiot out on his bullshiat.
 
2021-10-19 9:31:32 AM  
He knows it doesn't matter.
 
2021-10-19 9:32:38 AM  
That's 99.9% of what CNBC does.

Dan Dorfman laughs from beyond the grave.
 
2021-10-19 9:34:13 AM  

Pocket Ninja: Another budding Jim Cramer held up to the light. Good on the anchor for calling this idiot out on his bullshiat.


I don't think the anchor did that. It sounded like a perfectly innocent, softball question. And when the trader choked, the anchor was pretty eager to endorse his ridiculous "breaking up" excuse.

The anchor probably knows he needs a steady supply of guest shills to fill airtime, and they won't do his show if he's known to be even lightly critical or skeptical.
 
2021-10-19 9:35:06 AM  
"You're breaking up."  Man, that guy's a professional bullshiatter.
 
2021-10-19 9:36:04 AM  
"Trader" is to "Investor" as "Vendor" is to "Owner"
 
2021-10-19 9:36:11 AM  
Almost everything on CNBC is an ad.
 
2021-10-19 9:37:31 AM  
What does Black 7 or Red 12 do?
 
2021-10-19 9:40:23 AM  

Psychohazard: "You're breaking up."  Man, that guy's a professional bullshiatter.


Wrong.

Upstart Holding company is a holding company that hold upstarts.  The long tradition of proud capitalists valiantly risking their hard earned capital by investing in new risky upstarts has it risk spread out by holding all of these in a single company.  Its brilliant which can be seen in their pricing, which I have to say is not a predictor of future success but its a BUY!!!
 
2021-10-19 9:42:15 AM  
Lemme guess, he's a "technical analyst"?
 
2021-10-19 9:43:11 AM  

Rapmaster2000: Almost everything on CNBC is an ad.


Joe Kernan is an ad for this"

th.bing.comView Full Size
 
2021-10-19 9:44:45 AM  
"For carrying-on an undertaking of great advantage but no-one to know what it is!!"
 
2021-10-19 9:47:56 AM  
*cue dramatic music*

Announcer: "This...is...Upstart!"

*dramatic music to crescendo and fade*
 
2021-10-19 9:52:38 AM  

NewportBarGuy: Rapmaster2000: Almost everything on CNBC is an ad.

Joe Kernan is an ad for this"

[th.bing.com image 717x388]


Most valueless "anchor" on TV.  He adds zero value.  He makes guffaw noises when others are talking and that's about it.
 
2021-10-19 10:15:14 AM  
To his credit Warren Buffett once gave an honest answer of how he determines if a company is not worth investing in.  Buffet said, "I won't put money into a company if I can't understand what it is they do to make money."
 
2021-10-19 10:25:36 AM  
Amateur... the real pros are buying Updog.
 
2021-10-19 11:29:10 AM  

downstairs: "They do business stuff"


c.tenor.comView Full Size
 
2021-10-19 11:52:45 AM  
Anything is possible at Upstartcom.
 
2021-10-19 12:06:29 PM  

KRSESQ: *cue dramatic music*

Announcer: "This...is...Upstart!"

*dramatic music to crescendo and fade*


Sheeeeesh... they're a bank.  That's the least complicated type of company to describe.  Ok, a few words more complicated: they do loans.

Loans.

How hard is it to have a one-word cheat sheet when you're going on national TV?
 
2021-10-19 12:38:53 PM  

downstairs: KRSESQ: *cue dramatic music*

Announcer: "This...is...Upstart!"

*dramatic music to crescendo and fade*

Sheeeeesh... they're a bank.  That's the least complicated type of company to describe.  Ok, a few words more complicated: they do loans.

Loans.

How hard is it to have a one-word cheat sheet when you're going on national TV?


He knows that "squiggly line go up" = good.
Why complicate things?
 
2021-10-19 1:22:36 PM  
I love the "your breaking up" routine.  Comedy gold.  What Upstart does is it makes money for people who buy the stock at a low price and then sell the stock at a higher price.

Actually:
Upstart Holdings, Inc. is a cloud-based artificial intelligence (AI) lending platform. The Company's platform aggregates consumer demand for loans and connects it to its network of Upstart AI-enabled bank partners. The Company's AI models are provided to bank partners within a consumer-facing cloud application that streamlines the end-to-end process of originating and servicing a loan. The Company has built a configurable, multi-tenant cloud application designed to integrate seamlessly into a bank's existing technology systems. Its configurable platform allows each bank to define its own credit policy and determine the significant parameters of its lending program. The AI models use and analyze data from all of its bank partners. Its Consumers can discover Upstart-powered loans in one of two ways: either through Upstart.com or through a bank-branded product on its bank partners' own websites.

I think this means it uses AI to hook people up to lending companies who can then loan you money you shouldn't be borrowing so you can go deeper into debt. And they can profit.
 
2021-10-19 1:34:59 PM  

runwiz: I love the "your breaking up" routine.  Comedy gold.  What Upstart does is it makes money for people who buy the stock at a low price and then sell the stock at a higher price.

Actually:
Upstart Holdings, Inc. is a cloud-based artificial intelligence (AI) lending platform. The Company's platform aggregates consumer demand for loans and connects it to its network of Upstart AI-enabled bank partners. The Company's AI models are provided to bank partners within a consumer-facing cloud application that streamlines the end-to-end process of originating and servicing a loan. The Company has built a configurable, multi-tenant cloud application designed to integrate seamlessly into a bank's existing technology systems. Its configurable platform allows each bank to define its own credit policy and determine the significant parameters of its lending program. The AI models use and analyze data from all of its bank partners. Its Consumers can discover Upstart-powered loans in one of two ways: either through Upstart.com or through a bank-branded product on its bank partners' own websites.

I think this means it uses AI to hook people up to lending companies who can then loan you money you shouldn't be borrowing so you can go deeper into debt. And they can profit.


It doesn't base its decisions on whether *you're* White, it bases them on how many of your *friends and family* are White.
 
2021-10-19 1:53:39 PM  

wingnut396: Psychohazard: "You're breaking up."  Man, that guy's a professional bullshiatter.

Wrong.

Upstart Holding company is a holding company that hold upstarts.  The long tradition of proud capitalists valiantly risking their hard earned capital by investing in new risky upstarts has it risk spread out by holding all of these in a single company.  Its brilliant which can be seen in their pricing, which I have to say is not a predictor of future success but its a BUY!!!


I stand corrected.
 
2021-10-19 2:35:18 PM  
What would you say...you do here?
Youtube m4OvQIGDg4I
 
2021-10-19 10:15:09 PM  
Guy buys stock.  Stock rises with the market over a few days.  Guy brags about how smart he is.
 
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