Jul. 23 at 1:04 AM
$SMCI $TSLA $GOOG $MU I wouldnt necessarily, yeah the point is valid capex is a drain on stock price in some cases, however its just like anything. Look at all the pre earnings companies trading well in excess of anything they can even promise at this stage, investors orientate themselves to the future not whats presented to them today.
When you have the kind of ambitious goals that stocks like
$TSLA has for instance it makes sense to almost disregard the capex, afterall any future endeavours usually requires capex initially, and any smart investor can see they are doing things carefully, ensuring its done in a safe way, and will eventually pay off big time.
