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Archduke Frantz Fanon
Sep 7, 2004

Third World Reagan posted:

Market watch has a dear abby column lol

pri’s marketplce has a segment like this and every single time its “hey kai im a college student struggling with money i have half a million in cash and a passive 10k in rental income how do i use a bank?”

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Squizzle
Apr 24, 2008




skooma512
Feb 8, 2012

You couldn't grok my race car, but you dug the roadside blur.

Horseshoe theory posted:

So Gilead is (probably) committing securities fraud with regard to remdesivir (again), hence NUMBER is GREEN? :thunk:

Fraud is a competitive advantage.

rex rabidorum vires
Mar 26, 2007

KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN KASPERI KAPANEN

skooma512 posted:

Fraud is a competitive advantage.

If you ain't cheating you ain't trying

Old James
Nov 20, 2003

Wait a sec. I don't know an Old James!

skooma512 posted:

Fraud is a competitive advantage.

Really, you are doing the investors a disservice if you don't partake in fraud.

Egg Moron
Jul 21, 2003

the dreams of the delighting void

https://twitter.com/ladymarketok/status/1281631520000802819?s=20


The trade war cycle continues spinning

Horseshoe theory
Mar 7, 2005


There was a Phase 1 China Trade Deal? :confused:

UnknownTarget
Sep 5, 2019


Why do people even report on this anymore?

cumshitter
Sep 27, 2005

by Fluffdaddy

Horseshoe theory posted:

There was a Phase 1 China Trade Deal? :confused:

phase 1 was basically "lets start talking and stop enacting retaliatory tariffs"

oxsnard
Oct 8, 2003
holy poo poo, someone is piling into super OTM tesla calls right now, like betting on a 25% increase next week. They're trying to make another gamma squeeze.

oxsnard
Oct 8, 2003
https://twitter.com/zerohedge/status/1281640000606658563?s=20


lol

Smythe
Oct 12, 2003

looks legit, OP.

spacetoaster
Feb 10, 2014


Here are the owners/operators of that security company:




I'd be interested to know exactly what their security hiring standards are and if they're able to get the same military trained psychopaths that Blackwater got.

Bernie Panders
Apr 27, 2020

by Fluffdaddy
omfgggg thank you baby jesus, my wife just got an OK job to hold us over with decent health benefits, and it starts the same day bernie bux end (which helped her pay off all her credit card debt). feeling very lucky right now, as long as i ignore my anger about being in this situation in the first place

Divot
Dec 23, 2013

Can someone who's not a dummy wrt finance (like me) explain what this means

FUCK COREY PERRY
Apr 19, 2008



normal healthy economy

oxsnard
Oct 8, 2003
if those calls go in the money next week, Tesla will be like the 6th most valuable company in the world

Dustcat
Jan 26, 2019

Divot posted:

Can someone who's not a dummy wrt finance (like me) explain what this means

two weeks ago tesla shares were worth $1000, now they're $1500, and somebody's placing bets that next week they'll either be worth $2500 or they'll be able to sell those bets to some even crazier sucker before friday

oxsnard
Oct 8, 2003

Divot posted:

Can someone who's not a dummy wrt finance (like me) explain what this means

those calls are worth zero if tesla shares are below 2500 next friday. If tesla is trading at 2600, they'll be worth $100, if it's 3000, they'll be worth $500

Someone sells those for $1.50 and its basically free money since there's an extremely low chance it'll happen, but if the shares rocket past, they'll owe the call buyers a shitload of money. Therefore, when they sell these calls, the usually hedge by buying some nominal quantity of regular shares. That's a real dumb explanation of "gamma," where prices refuse to go past certain numbers

someone is buying lottery tickets

Divot
Dec 23, 2013

oxsnard posted:

those calls are worth zero if tesla shares are below 2500 next friday. If tesla is trading at 2600, they'll be worth $100, if it's 3000, they'll be worth $500

Someone sells those for $1.50 and its basically free money since there's an extremely low chance it'll happen, but if the shares rocket past, they'll owe the call buyers a shitload of money. Therefore, when they sell these calls, the usually hedge by buying some nominal quantity of regular shares. That's a real dumb explanation of "gamma," where prices refuse to go past certain numbers

someone is buying lottery tickets

seems dumb and bad

oxsnard
Oct 8, 2003

Divot posted:

seems dumb and bad

yeah, it is lol.

Epic High Five
Jun 5, 2004



luv that every single person in power and political and economic structure has been gutted and refitted to service the world's most insane and stupid casino and nothing else

net work error
Feb 26, 2011

oxsnard posted:

those calls are worth zero if tesla shares are below 2500 next friday. If tesla is trading at 2600, they'll be worth $100, if it's 3000, they'll be worth $500

Someone sells those for $1.50 and its basically free money since there's an extremely low chance it'll happen, but if the shares rocket past, they'll owe the call buyers a shitload of money. Therefore, when they sell these calls, the usually hedge by buying some nominal quantity of regular shares. That's a real dumb explanation of "gamma," where prices refuse to go past certain numbers

someone is buying lottery tickets

I feel like I get it but also do not.

Divot
Dec 23, 2013
The term 'irrational market' certainly seems to make more and more sense the more I learn about this stuff

The Protagonist
Jun 29, 2009

The average is 5.5? I thought it was 4. This is very unsettling.
Society is so hosed lol

I'm disassociating from the sheer tension and discord of my old worldview of modernity and this carnival of insane avarice

Halloween Jack
Sep 12, 2003
I WILL CUT OFF BOTH OF MY ARMS BEFORE I VOTE FOR ANYONE THAT IS MORE POPULAR THAN BERNIE!!!!!

spacetoaster posted:

Here are the owners/operators of that security company:



Are these Megan McArdle's parents?

Sheng-Ji Yang
Mar 5, 2014




Sheng-Ji Yang
Mar 5, 2014


https://twitter.com/Reuters/status/1281665832335093762?s=20

skooma512
Feb 8, 2012

You couldn't grok my race car, but you dug the roadside blur.

Why do I get the distinct feeling REITs with Dubai exposure are mega green now?

DAD LOST MY IPOD
Feb 3, 2012

Fats Dominar is on the case


god all this stuff about people forced to give up their pets fucks me up. i know that human suffering is worse and this is a stupid pampered first world POV but animals love us too and they don't understand why their owner has to abandon them. i remember this cat had to be surrendered by a family facing homelessness last year and the note they left was so loving sad, it went viral and i was tearing up reading it.

gently caress.

unlimited shrimp
Aug 30, 2008

Grace Baiting posted:

no, it can't be true
number'd fly if it wanted to
like its home in the skies
i believe number fliiiiiiies
26k~~~~~~~~~

All eyes see the figure of the Number
As it climbs to the top of the world
No sound as it flies instead of falling
Time standing still then there's green on the board

Oh I see its face

etalian
Mar 20, 2006

DAD LOST MY IPOD posted:

god all this stuff about people forced to give up their pets fucks me up. i know that human suffering is worse and this is a stupid pampered first world POV but animals love us too and they don't understand why their owner has to abandon them. i remember this cat had to be surrendered by a family facing homelessness last year and the note they left was so loving sad, it went viral and i was tearing up reading it.

gently caress.

Yeah I know after 2008/2009 there were lots of abandoned starving pets wandering the neighborhood due to the owners getting evicted.

cumshitter
Sep 27, 2005

by Fluffdaddy

Divot posted:

Can someone who's not a dummy wrt finance (like me) explain what this means

calls are when you purchase the right (but not the obligation) to purchase shares of a company at $X price within a given time period. the shorter the time period, the greater the price difference from the time you purchase the option, and the lower the volatility of the underlying stock the cheaper they are. those are the three variables that determine option pricing

with a call option the idea is that you just immediately call in the purchase of the shares below market price and then immediately sell. stock doesnt even exchange hands, the call issuer just gives you the price difference

so if tesla goes above $2,500 before the option expires they get the difference the current price and the option price. multiplied by 100 because options are sold in units of 100

IE a $1.50 call option for $2,500 is actually $150, because the $1.50 represents the price per share of the option.

they are betting that people will keep throwing money at tesla and taking long odds on a pretty daring bet. i dont follow options but they likely bought this one becasue even though it's a long shot its the cheapest option you can buy for tesla, which has been extremely volatile

cumshitter fucked around with this message at 20:25 on Jul 10, 2020

cumshitter
Sep 27, 2005

by Fluffdaddy
give me your money

poty
Jun 21, 2008

虹はどこで終わるのですか? あなたの魂の中で、または地平線で?

Bernie Panders posted:

omfgggg thank you baby jesus, my wife just got an OK job to hold us over with decent health benefits, and it starts the same day bernie bux end (which helped her pay off all her credit card debt). feeling very lucky right now, as long as i ignore my anger about being in this situation in the first place

nicely done congrats

Raine
Apr 30, 2013

ACCELERATIONIST SUPERDOOMER



cumshitter posted:

give me your money

https://i.imgur.com/4iAWnP2.mp4

etalian
Mar 20, 2006


lol

poty
Jun 21, 2008

虹はどこで終わるのですか? あなたの魂の中で、または地平線で?
if the guy who shorted tesla is reading this: dont look at your brokerage account

PIZZA.BAT
Nov 12, 2016


:cheers:


remembering the heady days a year ago when we thought tsla valuations over $100 were obscene and lmaoing

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Dustcat
Jan 26, 2019

yeah i'm reminded of lolling at bitcoin, and i still stand by those lols, it's everyone else who's crazy

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