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greasyhands posted:UGAZ, holy poo poo What the hell is going on with thati
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Nov 14, 2018 20:05
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Natgas is up like 20% and it's a 3x leveraged etf
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Nov 14, 2018 20:17
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Wait am I readings this right that the same guy on twitter who got smoked shorting the vix was short nat gas https://twitter.com/vix_vixerson/status/1062692291167617025?s=21
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Nov 14, 2018 20:19
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fougera posted:Wait am I readings this right that the same guy on twitter who got smoked shorting the vix was short nat gas I feel like that guy all the time.
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Nov 14, 2018 20:39
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Also I think California it's prepping a bill to nationalize PGE
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Nov 14, 2018 20:53
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Goodpancakes posted:Also I think California it's prepping a bill to nationalize PGE Where did you hear this?
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Nov 14, 2018 21:00
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Maybe ignore me. Thought I saw something on this but a quick search isn't turning anything up
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Nov 14, 2018 21:30
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Interactive Brokers just sent an email out to clients saying they were going to greatly increase margin requirements on PCG and gave their clients TEN MINUTES notice. Lots of people about to get hosedquote:Because of the California wildfires and market volatility, IBKR is increasing the margin requirements for the following investor-owned utility companies:
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Nov 14, 2018 21:39
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Answers the thread title
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Nov 14, 2018 21:42
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So apparently GE is gearing up to sell its Baker Hughes stake sooner rather than later.
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Nov 14, 2018 22:46
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This new NYT piece is batshit insane. Sandberg should go to prison. Schumer should go to prison. None of these dirtbags should be allowed to run a lemonade stand ever again.quote:While Mr. Zuckerberg has conducted a public apology tour in the last year, Ms. Sandberg has overseen an aggressive lobbying campaign to combat Facebook’s critics, shift public anger toward rival companies and ward off damaging regulation. Facebook employed a Republican opposition-research firm to discredit activist protesters, in part by linking them to the liberal financier George Soros. It also tapped its business relationships, lobbying a Jewish civil rights group to cast some criticism of the company as anti-Semitic.
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Nov 15, 2018 03:36
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They're all assholes, but why prison?
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Nov 15, 2018 04:25
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Pryor on Fire posted:This new NYT piece is batshit insane. Sandberg should go to prison. Schumer should go to prison. None of these dirtbags should be allowed to run a lemonade stand ever again. thank you for providing neither a link nor any context for those quoted passages. 
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Nov 15, 2018 04:32
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https://www.nytimes.com/2018/11/14/technology/facebook-data-russia-election-racism.html
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Nov 15, 2018 06:51
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Well you can't just admit you are an extension of the KGB now can you? Hmm maybe you can. Guess we will see.
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Nov 15, 2018 10:14
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BlackMK4 posted:ya, i don't think this happened last time https://www.facebook.com/fox40/videos/2208419786084602/ New Silent Hill looking good.
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Nov 15, 2018 10:30
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Gonna give it till 10:30 or 11:00 for things to settle down but then probably in on DGAZ for a couple days.
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Nov 15, 2018 13:39
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A frothy market.
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Nov 15, 2018 15:35
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I need to plan a trip to the UK...
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Nov 15, 2018 15:39
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fougera posted:I’m with you but I plan on pressing if this breaks support (which is around here). There’s another 20 percent down before even having to play the next earnings report. People are going to start sniffing around at Black Friday, and it’s going to be a dog pile. Looks like it broke another daily support level. Can see it going down to 5.43 by EOD or tomorrow.
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Nov 15, 2018 15:51
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Tokyo Sex Whale posted:Gonna give it till 10:30 or 11:00 for things to settle down but then probably in on DGAZ for a couple days. In for 1000 shares at 3.90 stop loss at 2.75
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Nov 15, 2018 16:12
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Goodpancakes posted:Maybe ignore me. Thought I saw something on this but a quick search isn't turning anything up There was speculation by an analyst that there would be nationalization because PCG can only absorb so many judgments before going bankrupt. If they’re using their infrastructure as collateral, nationalization is what effectively will happen. PCG also isn’t doing themselves any favors by maxing out the credit cards in anticipation of a bond downgrade. That’s a desperation Hail Mary move, and I don’t think the stock price would’ve taken the hit that it did if they hadn’t done that. Basically their actions are tacitly admitting fault. I can’t imagine they would pull a Hail Mary / out of bullets, throw the gun move if they weren’t in dire straits. Down another 25% today. I shorted yesterday towards the end of the day. Thanks for the tip. As an aside, there’s going to be north of 100 fatalities here and the number missing is only going up. Lote fucked around with this message at 17:20 on Nov 15, 2018 |
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Nov 15, 2018 16:23
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Options trading is deffo heart pounding, brought some $20 puts on PCG at yesterday's low, saw the dead cat bounce, and went  Held on to recover my losses and got out with a doubling of the initial stake. Woof, that was a bit scary.
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Nov 15, 2018 16:32
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Lote posted:
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Nov 15, 2018 16:37
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There’s going to be north of 100 fatalities here and the number missing is only going up.
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There were a bunch of older people that people don’t even know are missing / people haven’t reported as missing.
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Nov 15, 2018 17:02
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I assume it was in reference to the smiley face followed by the rising fatality count.
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Nov 15, 2018 17:09
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spf3million posted:I assume it was in reference to the smiley face followed by the rising fatality count. Yeah, didn’t notice that when I was composing the post. I’m gonna delete that...
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Nov 15, 2018 17:20
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Edward Jones just downgraded PCG to sell, lmao
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Nov 15, 2018 18:39
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Tokyo Sex Whale posted:Gonna give it till 10:30 or 11:00 for things to settle down but then probably in on DGAZ for a couple days. Shiz is cray, up 53%
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Nov 15, 2018 20:59
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Some kind of news is leaked out on pcg, it’s walking straight up in AH
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Nov 15, 2018 22:35
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Crazy whipsaw on $PCG after hours on Bank of America saying that bankruptcy fears overstated and costs are overblown. People are comparing it to the BP oil spill but this fire was worse and you can see the victims burned to death in the streets. 17.5 -> 22 -> 20
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Nov 15, 2018 22:37
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Huh, I still don’t see that bac call. Can you link to it?
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Nov 15, 2018 22:40
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greasyhands posted:Huh, I still don’t see that bac call. Can you link to it? Im just seeing it on twitter but I assumed it was true. Also rumors from an unnamed California official that they want to avoid bankruptcy. Others on Seeking Alpha say no news. /shrug Got up to 25.50 AH. It’s basically all rumors and herd mentality. Why 25 instead of 22? Or 20? Edit: And it shrugs this off nbd. https://twitter.com/edludlow/status/1063210650757881856 Lote fucked around with this message at 00:29 on Nov 16, 2018 |
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Nov 16, 2018 00:22
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This is going to be nuts tomorrow, I'm short at 25.50 on an order that I honestly forgot about. It filled at 7:08pm. Crazy. There's not going to be any real visibility on this for days, at the very least. Great trading opportunity if you've got the nerve, too bad it revolves around people losing their homes and lives. I honestly cant believe the SEC is letting this run this late in the AH, its definitely being hosed with Edit: shorting more a little over 26 greasyhands fucked around with this message at 01:48 on Nov 16, 2018 |
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Nov 16, 2018 01:13
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https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/743F5F60-E940-11E8-910F-7ED0E80D8459
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Nov 16, 2018 03:53
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Obviously worst case scenario it goes into conservatorship
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Nov 16, 2018 03:57
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*if* they turn out to be responsible and negligible (even contentiously negligible), I think conservatorship is likely. It's a long time broken system and it's ripe for change and this could be the catalyst. I don't expect it to trade at 26 tomorrow, and a further cut to junk is all but inevitable
greasyhands fucked around with this message at 04:37 on Nov 16, 2018 |
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Nov 16, 2018 04:34
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I mean longs got their monkeys paw wish with “not going into bankruptcy” https://twitter.com/russellkbrett/status/1063281379331502081 Ps missing people now at 600+ This may rival the Peshtigo fire from the 19th century. Upon further reflection, there is no way the people of California agree to limiting liability to PG&E if there are 500+ dead for a problem that PG&E has known about. California is going to limit the losses towards the stockholders? Nope. Lote fucked around with this message at 07:28 on Nov 16, 2018 |
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Nov 16, 2018 05:34
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quote:Nvidia CEO says cryptocurrency "mining" will likely add "no contributions" to the company's bottom line going forward. "The crypto hangover lasted longer than we expected," Nvidia CEO Jensen Huang says. 20% swings on $150B market cap stocks 
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Nov 16, 2018 16:25
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HBAN up ~11% from October selloff now, hoping they're gonna a big beneficiary of Wells Fargo's exit from the midwest. Nice happy lil dividend too for a regional bank.
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Nov 16, 2018 17:15
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