(Thread IKs:
skooma512)
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Monkey Fracas posted:If interest rates stay high it's going to slowly suffocate a bunch of zombie corps I still fondly remember MSNBC having a suit from Ollie's on at the start of the pandemic to have a jovial discussion on their recent windfall, and the guy was deadpan "We're only doing this well because the economy we know is collapsing onto us, and that is terrifying."
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Jul 9, 2023 18:04
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The article basically quotes the dude saying "if my rocket engine company is successful, it means I have government contracts, which means I will never be able to visit my family in Iran, so it's either we pivot to be a generic flavor of the month trendchaser or I never see my family again" which is doomsday eco in another sense
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Jul 9, 2023 18:36
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Ollie’s is fun as long as you think of shopping there as plundering the corpse of failing retail.
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Jul 9, 2023 18:36
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Isn't ollie's the place where you can get groceries where it's like "the pickles not covered in brine got mold but everything under the brine is okay still"
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Jul 9, 2023 18:45
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Justin Tyme posted:Isn't ollie's the place where you can get groceries where it's like "the pickles not covered in brine got mold but everything under the brine is okay still" IF U WANT IT? IT'S 4 SALE OK
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Jul 9, 2023 19:05
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Justin Tyme posted:Isn't ollie's the place where you can get groceries where it's like "the pickles not covered in brine got mold but everything under the brine is okay still" my friend used to go there to buy cases of an energy shot called Lucifer’s Lemonade. they tasted more like Lucifer’s butthole, but they would keep you awake! Akratic Method has issued a correction as of 19:25 on Jul 9, 2023 |
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Jul 9, 2023 19:15
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Justin Tyme posted:Isn't ollie's the place where you can get groceries where it's like "the pickles not covered in brine got mold but everything under the brine is okay still" Yeah, it rules
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Jul 9, 2023 19:17
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Monkey Fracas posted:Spirit Halloween and Ollie's Bargain Outlet greedily rub their hands together as more and more physical retail is killed off so they can move into the husks like some kinda retail hermit crab i gotta respect spirit's business model, it's crazy and stupid and each year i keep thinking it'll be the last for spirit but they keep pulling through year-over-year anyways  christmas store. we only have 1 perennial christmas store in the entire bay area (or maybe whole state) left anyways, there used to be several in the 90s but closed up around dot-com era.
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Jul 9, 2023 19:31
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ollies is where the things big lots cant sell ends up also christmas tree shops was like a shittier bed bath and beyond, so it going after BBB collapsed makes sense. they have christmas stuff year round but it wasn't like a 100% year round dedicated christmas decoration store.
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Jul 9, 2023 19:40
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The Ollie's around here moved into a really old Circuit City building that was sitting unoccupied up until a few years ago Also the various Dollar store chains are doing really well in this environment. I'd like to know more about their procurement processes- went into one the other day and they were selling some Ritz-alike crackers that were somehow imported from India How can that possibly be cheaper than like any domestic supplier
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Jul 9, 2023 19:46
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bear market is dead. long live the perma-BULL market ftw
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Jul 9, 2023 19:48
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the door to the dollar general portals you to Uttar Pradesh
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Jul 9, 2023 19:48
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Xaris posted:bear market is dead. long live the perma-BULL market ftw Can you still make money off a short position if the company closes entirely and the stock ceases to exist?
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Jul 9, 2023 19:49
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https://twitter.com/whatifisaidit/status/1677448654875926528?t=SPT0a0TOfUAi6IZ0N-22rg&s=19
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Jul 9, 2023 20:01
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Saw on facebook that an acquaintance from university is selling a 2021 audi sq7 for 96,000. Its just mind boggling to me 1- you probably spent more than that 2 years ago on it new, so they are taking a loss 2- who the gently caress is paying 100, 000 for a goddamn car 3- why would you do that anyway? Spend 60k and get a fancy car and spend the other 40,000 on luxury vacations. Do you know how many nights you can spend on a luxury safari for FORTY THOUSAND DOLLARS
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Jul 9, 2023 20:03
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Akratic Method posted:Can you still make money off a short position if the company closes entirely and the stock ceases to exist? I thought that's like the win condition of shorting. You don't have to pay back poo poo because the stocks are now worthless.
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Jul 9, 2023 20:03
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BornAPoorBlkChild posted:https://twitter.com/whatifisaidit/status/1677448654875926528?t=SPT0a0TOfUAi6IZ0N-22rg&s=19 Hey, I don't kinkshame but I really don't want to hear about the kinky poo poo they get up to at the Court... F_Shit_Fitzgerald has issued a correction as of 20:34 on Jul 9, 2023 |
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Jul 9, 2023 20:03
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sleep with the vicious posted:Saw on facebook that an acquaintance from university is selling a 2021 audi sq7 for 96,000. Its just mind boggling to me a vacation doesn’t let strangers know you can afford a $100k car
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Jul 9, 2023 20:05
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sleep with the vicious posted:Saw on facebook that an acquaintance from university is selling a 2021 audi sq7 for 96,000. Its just mind boggling to me like four
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Jul 9, 2023 20:05
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Monkey Fracas posted:Also the various Dollar store chains are doing really well in this environment. I'd like to know more about their procurement processes- went into one the other day and they were selling some Ritz-alike crackers that were somehow imported from India They probably got a one-off big lot of it for pennies on the dollar from some other retailer because it didn't sell well there.
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Jul 9, 2023 20:14
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Justin Tyme posted:The article basically quotes the dude saying "if my rocket engine company is successful, it means I have government contracts, which means I will never be able to visit my family in Iran, so it's either we pivot to be a generic flavor of the month trendchaser or I never see my family again" which is doomsday eco in another sense
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Jul 9, 2023 20:18
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Akratic Method posted:Can you still make money off a short position if the company closes entirely and the stock ceases to exist? this guy managed to figure out a way to not make money on shorting first republic bank https://www.reddit.com/r/wallstreetbets/comments/135n0ko/robinhood_will_let_my_295000_in_frc_puts_expire/ quote:Robinhood will let my $295,000 in FRC puts expire worthless, while other brokers allow users to cash out e: nevermind, looks like he might have got the money but then immediately lost it all on another trade and got banned from wallstreetbets for not following through with the charity pledge Shear Modulus has issued a correction as of 20:31 on Jul 9, 2023 |
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Jul 9, 2023 20:20
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sleep with the vicious posted:Saw on facebook that an acquaintance from university is selling a 2021 audi sq7 for 96,000. Its just mind boggling to me On top of being class signifiers, a lot of Americans get weirdly attached to a particular "aspirational" brand and spend years or even decades longing for their preferred model of luxury vehicle. They will sign a blank check to make that image of them in that car just driving around a reality.
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Jul 9, 2023 20:31
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ubiquitous advertising probably goes to that
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Jul 9, 2023 20:32
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sleep with the vicious posted:Saw on facebook that an acquaintance from university is selling a 2021 audi sq7 for 96,000. Its just mind boggling to me That person got taken to the cleaners by their dealer. I bought a q7 in 2020 for 55k and zero apr
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Jul 9, 2023 20:33
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Xaris posted:i've never heard of an ollies: is that a midwest or southern thing? They’re from and headquartered in the capital region of PA, they were an institution when i was growing up. Glad to see the central PA economic situation from thirty years ago has spread to 28 other states
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Jul 9, 2023 20:35
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caelxii posted:That person got taken to the cleaners by their dealer. I bought a q7 in 2020 for 55k and zero apr sq7s start at 90k
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Jul 9, 2023 20:47
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Still waiting for the car price apocalypse to bring stock down to where they were pre-covid Think dealers are now having issues selling PATRIOT STAR-SPANGLED BALL FONDLER trucks at already hi-margin manufacturer MSRPs + the gently caress You Dealer Markup except for Toyota where they're still having issues keeping things stocked
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Jul 9, 2023 20:54
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Monkey Fracas posted:Still waiting for the car price apocalypse to bring stock down to where they were pre-covid Anecdotally around here, the car lots are almost completely loving barren. They've all resorted to shifting what stock they do have to the front of their lot to try and mask the fact that the rest of their concrete lot is empty. Because I live in East Rural Cardependent Fuckton, I need to buy a new car and there's basically nothing available. I may need to go to a major city several hours' drive away just to find something.
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Jul 9, 2023 20:57
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Vox Nihili posted:On top of being class signifiers, a lot of Americans get weirdly attached to a particular "aspirational" brand and spend years or even decades longing for their preferred model of luxury vehicle. They will sign a blank check to make that image of them in that car just driving around a reality. I know a dude who was an editor for the local Ferrari Club in college. he use to rag on Miata for being a poor person car. he’s about 2 decades out of college now. hope that dude gets his Ferrari one day
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Jul 9, 2023 21:01
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it rocks not having a car payment or having to pay for comp and collision insurance, my car might be almost 20 years old but it's still goin along fine and the bonus is it doesn't have an annoying tablet touchscreen or a ton of overbloated "safety" features
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Jul 9, 2023 21:27
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Shipon posted:it rocks not having a car payment or having to pay for comp and collision insurance, my car might be almost 20 years old but it's still goin along fine and the bonus is it doesn't have an annoying tablet touchscreen or a ton of overbloated "safety" features
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Jul 9, 2023 21:29
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Mr. Lobe posted:I thought that's like the win condition of shorting. You don't have to pay back poo poo because the stocks are now worthless. You're right, I was mixing up shorting and put options!
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Jul 9, 2023 21:58
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back up cameras are really nice
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Jul 9, 2023 21:59
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Gwyneth Palpate posted:They probably got a one-off big lot of it for pennies on the dollar from some other retailer because it didn't sell well there. IIRC that's literally where Big Lots gets its name, they buy a massive amount of something that didn't sell and are able to negotiate a lower price because of it, passing the savings onto
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Jul 9, 2023 21:59
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Rochallor posted:IIRC that's literally where Big Lots gets its name, they buy a massive amount of something that didn't sell and are able to negotiate a lower price because of it, passing the savings onto Yep, overstock and spot buys were most of its portfolio back in the day but Big Lots does a lot of direct sourcing of product now. It has acquired several brands over the years and contracts vendors to manufacture them. Big Lots bought out the Broyhill furniture brand for example. Now it’s pretty much just a Dollar General with furniture.
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Jul 9, 2023 22:17
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euphronius posted:back up cameras are really nice they make people worse drivers, since people just stare at the screen instead of actually looking back
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Jul 9, 2023 22:21
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Shipon posted:they make people worse drivers, since people just stare at the screen instead of actually looking back Which you can't really do anymore, because modern car design is like staring out of a pillbox.
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Jul 9, 2023 22:22
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Nothus posted:Which you can't really do anymore, because modern car design is like staring out of a pillbox. i still do 'check mirrors, arm on passenger chair, crane back/neck to look out the rear' to backup by default habit even on a modern car but yeah it sucks dick and then start using the wide-angle backup camera instead since you can't really see the peripheral anymore
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Jul 9, 2023 22:25
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| # ? May 24, 2024 15:24 |
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Shipon posted:they make people worse drivers, since people just stare at the screen instead of actually looking back Ok boomer grandpa
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Jul 9, 2023 22:37
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