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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "ARM Wants You To Think It's An A.I. Company; It's Not" video.
You know it's a bubble when there's money to be made in pretending to be in that sector
201
To be fair, most of these AI companies are still fundamentally profitable electronics manufacturers and R&D firms. While they aren't worth what people are paying, they aren't zeros like crypto and collectables.
91
They literally aren't. And this company technically isn't a scam since what the CEO Rene Haas said was all technically true
4
@Andriastravels I have no idea how you're trying to insult me
3
This is actually a legal con. Everything Rene Haas said about his company was technically true, but he knows that rich idiots will draw misconceptions from it.
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@obsidianjane4413 Nividia, ARM, SenseTime, Amazon, Microsoft... Who else?
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*Overpaying for the stock.
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@robertburton432 That rules out your portfolio
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Just ignore it. Sell at a profit if you got some and invest in something else. @kidd32888
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Wait, that thing about Chinese companies buying ARM blueprints makes more sense than you realize. Most of those ventures were scams to get subsidies and the rest lacked the funds to buy a lithography machine. I'll wager most of those conmen bought ARM blueprints in order to pass them as their own in order to collect subsidies.
1
@sephiroth7023 Rug pull refers to pump and dump scams. This is technically not fraud
1