After Having Blown $31 Billion on Share Buybacks to Prop Up its Shares, Starbucks Ends Them, to Invest in “Our People and Our Stores.” The New Old CEO Gets It. Shares Tank by Wolf Richter • Apr 4, 2022 • 106 Comments Great news, but not for the stock. Share buybacks gutted Starbucks. The SEC should again rule them illegal market manipulation, as it had until 1982.
Another Miracle-IPO Stock Collapsed by 82% since the IPO. Wall Street Hype & Hoopla Machine Screeches to a Halt by Wolf Richter • Mar 25, 2022 • 154 Comments The end of a truly amazing era.
Now It’s BBQ-Grill IPO Stocks that Barbecue Retail Investors by Wolf Richter • Mar 23, 2022 • 103 Comments The hype-and-hoopla era was just so much fun while it lasted.
But Whose Money Evaporated when JP Morgan, BlackRock, Pimco, Calpers, Others Report Huge Losses on Russian Assets? by Wolf Richter • Mar 14, 2022 • 123 Comments OPM = Other People’s Money — namely from American and European retail investors and pension beneficiaries.
DocuSign Shows How Gigantic the Blind Raging Mania Was and How it Suddenly Went to Heck by Wolf Richter • Mar 11, 2022 • 85 Comments And then there were the raging-mania Convertible Bonds with a conversion price of $420, hahaha.
Alibaba Plunges Below First-Day Closing Price in 2014. Golden Dragon China ETF Plunges Below its 2007 Price by Wolf Richter • Mar 10, 2022 • 78 Comments The massacre of the China ADRs. Dip buyers got taken out on stretchers.
Crazy Volatility Rocks Markets, Crude Oil WTI Flash-Crashes, Treasury Yields Jump, European Stocks Spike, US Stocks Bounce by Wolf Richter • Mar 9, 2022 • 97 Comments White knuckle moments as nothing goes to heck in a straight line?
Now the Giant Tech Stocks and Big Four Banks Got Crushed, Airline Stocks Collapsed by Wolf Richter • Mar 7, 2022 • 120 Comments Some big gainers too, as everyone plowed into energy, mining, and fertilizers.
Stocks in Germany, the UK, France, Italy, and Spain Plunge Below Year 2000 Levels: Buy-and-Hold Horror Shows by Wolf Richter • Mar 6, 2022 • 204 Comments Food for thought in light of the biggest stock market bubble in the US ever.
It’s the Airline Stocks Again: Ugly Day, Ugly Week, Ugly Long Term by Wolf Richter • Mar 4, 2022 • 106 Comments My Airlines Index plunged 14% for the week. Long-term, it’s even worse: -45% since Jan. 2018.
