Conversations with the Naïve II

This took record time but in our second installment we already have a repeat offender. 90 Day Calendar Guy appears to want the title of most naïve person alive. This one is painful but here goes….

90 Day Calendar Guy talks himself up like he is some kind of savant when it comes to purchasing items online through various platforms like EBay, and Amazon.

He recently bought a Spigen case for his iPhone off EBay, and it showed up in the office today via USPS mail. I have never seen a grown man rip open an envelope so quickly, one would have thought it was A Publishers Clearing House check for life…it was a stupid cell phone case!

Publishers Clearing House Prize Patrol–how Boomers got rich before the lottery was legal

He put it on his iPhone and then sadness, the “parts that cover the volume and power buttons on the phone were hardened rubber, not flexible rubber.” He called me over, and was perplexed. This was real Spigen so how could it be defective? I told him, “That’s not real, it’s a cheap knockoff.” He rebutted saying, “Why does it say Spigen then?” I guess no one on earth is allowed to use that word except the manufacturer? Naivety folks….big time naivety.

Spigen Case

Even worse, I asked him where he bought it from. He said he wanted to keep the money local so it was a local buyer. (For those who wanted to know return address was Zhandou, China.) I asked him how much money he saved and he replied about $5…. Yes folks, for the price of $5 in gas you can drive to about 10 cell phone accessory stores within minutes of our office! Oh and he would have acquired a real Spigen case, not a cheap knock off.

He took the case off, and tried to play it off as nothing. I taunted him with, “Hey you saved $5 though…keep it big picture.” I told him to file a complaint with EBay. His response…the guy had all 5 star reviews. (Yes moron, all from people like you who thought you saved a pant load) He logged into his account on EBay and said the seller had his account suspended by EBay…shocker, really stunned by that outcome!

Here is what makes this all that much funnier, he then took everything I said and called it his own for the rest of the day. Saying Trump needs to crack down on the Chinese for copyright infringement…..yes counterfeit Spigen cases seems like a good one for some international court. Then he said its EBay’s fault for allowing a counterfeit seller….again how can they possibly guarantee authenticity? Unbelievable.

Here is the issue, he needs to get his blinders off in regard to price… The man will literally run through traffic to catch a nickel rolling out of his wallet. It is hard to watch, but at the same time you get what you pay for. Anyone should have a spidey sense that goes off telling them something is not right, why is this product being sold cheaply?

Spidey Sense — that little voice in your head that tells you something bad is about to happen

Why is someone from China shipping to USA for free? The truth is the product was likely a cheap knockoff not counterfeit, and dude you bit the hook so hard you were the world’s easiest catch! You have never learned a lesson. You have also replaced your flat screen TV 3 times. I have had my flat screen longer then all 3 of yours have lasted… The reason, you are enamored with saving a dollar. You are the poster child for penny wise and pound foolish. Again this person spends hours of his time watching TV and searching the Internet….not a great look. Buyer beware! With the advent of the internet, the scammers can now take their game to untold heights, and they will continue to get away with it. But hey look at the bright side, you saved a couple bucks!!!!!!!

Unreal, but naïve people are out there among us, and some will never learn their lesson.

Tesla Declines and Its Getting Worse

Elon Musk is great at separating Liberals from their money. He flits around like a butterfly from one pipedream to another. Electric cars, solar power, batteries, space flights to Mars, and mag-lift travel at the speed of sound. Whatever crazy thing he can get other people to invest in. He will make prototypes or other devices to get others to invest, but please note, its other people’s money at risk not his. Musk takes a cut for himself off the top and then piles more investors into the bottom of the pyramid.

He bought Solar City, and it was financially unsustainable so what does he do? Why he folds the debt into his Tesla car scheme. Tesla isn’t panning out financially so what then? Oh, I know, why doesn’t he act like a crazy guy and get kicked off the board. Then when the bills come due and it collapses Musk won’t be on the board. Then he can blame the Musk-less board for not having the vision, passion, and dedication that he had to make it succeed. If only he had been there…

Look back to last summer. Remember Musk having a Twitter tantrum about the rescuer of the kids in the cave. He called the guy a pedophile or something like that. Then he smokes marijuana on that pod cast and then pulls the stunt of taking the Tesla private. Net result, Musk gets kicked off the board of his own company.

Is he nuts of crazy like a fox? He has access to information investors and other don’t plus he can read the handwriting on the wall. Get out before the stuff hits the fan that way he can save face and blame others. This allows him to go fleece his next group of Liberals with his reputation still intact.

Elon Musk with the look that says, “It’s not personal, it’s business”

Here’s more proof the Ponzi scheme is in trouble.

Tesla has lowered the price of its Model 3 by $1,100 amid reports that U.S. sales fell precipitously in January despite a $2,000 reduction that went into effect at the beginning of the month.
InsideEVs estimates that Tesla sold 6,500 Model 3s in the U.S. in January, which would represent a more than 70 percent drop from the prior month.

Tesla Model 3 price cut again, now starts at $42,900

Cutting prices and a 70 percent drop in sales in one month is bad enough but the other shoe is about to drop.

Tesla has a billion dollar debt coming due, and it could wipe out nearly a third of the company’s cash if the stock price doesn’t improve.
About $920 million in convertible senior notes expires on March 1 at a conversion price of $359.87 per share. But Tesla’s stock hasn’t traded above $359 for weeks. If the shares are about $359.87, then Tesla’s debt converts into Tesla shares. If not, Tesla will have to pay the debt in cash.
Tesla reported cash and cash equivalents of $3 billion at the end of its September quarter. The company continues to reveal pressure to maintain profitability, and announced Friday it would cut 7 percent of its full-time workforce.

Tesla has $920 million in debt that’s coming due — and it could wipe out a large chunk of the company’s cash

Please note that the 3 billion cash and equivalents was in September. They are burning thru cash at a crazy rate and to pony-up one billion in cash in three weeks is a tall order.

Below is a chart of Tesla stock for the last six months. Do you really think that the stock price will be above $359.87 by March first when January sales are off 70 percent? No way Jose. Stock opened trading today at $316.50

Tesla Stock for last six months

Tesla is in deep trouble but never worry because Musk got in the lifeboat months ago to distance himself from the dumpster fire that’s coming.