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Ariong posted:PLEASE give us more or at least a link. When one of the apes brings up Sears I feel like I just found a five dollar bill in my pocket. https://old.reddit.com/r/ThePPShow/comments/174tzr7/sears_flying_us_soon_prepare_yourself_too_see/
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Oct 10, 2023 23:27
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cruft posted:My grandfather actually bought shares for me and my sister in the Ringling Brothers Barnum & Bailey Circus, just before the deal was finalized for them to be acquired by (I think) Mattel. But he did that because he liked the artwork: This is really cool. Coincidentally I currently live in Baraboo, Wisconsin where the Ringling Brothers spent their winters many years ago (and home of the Ringling Bros Circus World Museum). It appears Sears has been rolled into a private shell corporation called "Transformco" that is currently being sued by Bangladeshi home appliance suppliers.
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Oct 10, 2023 23:36
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Extra Large Marge posted:This is really cool. Coincidentally I currently live in Baraboo, Wisconsin where the Ringling Brothers spent their winters many years ago (and home of the Ringling Bros Circus World Museum). Just first part of the reverse merger.
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Oct 10, 2023 23:53
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I've actually seen some Sears buildings being turned into something other than Spirit Halloweens recently, so maybe whoever still owned that poo poo is finally starting to sell off the last bit of the corpse?
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Oct 10, 2023 23:56
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Serious_Cyclone posted:https://old.reddit.com/r/ThePPShow/comments/174tzr7/sears_flying_us_soon_prepare_yourself_too_see/ These dopes have convinced themselves it means that their worthless shares were automatically exchanged for Teddy shares worth a bajillion dollars and it just hasn't updated all the way yet, if you ask them that's the only possible explanation. When some of them point out that the broker told them it's a bug and their position is valueless they just get ignored (bonus points for them invoking maritime law): reddit posted:I just got off the phone with them. Per them its just a normal bankruptcy procedure. The word at Schwab is that its going to zero but its not for sure. That's funny why its showing increase and not decrease though. a dumb guy posted:Pure speculation, but I thin that Schwab was the broker that allowed the 200k Put options be written. Their on the hook for 20 million future shares in contract law. I wouldn't be surprised if there is a Maritime Law lien on the company. mega dy fucked around with this message at 00:05 on Oct 11, 2023 |
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Oct 11, 2023 00:00
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Whenever I see someone invoke maritime law online, I get the urge to see them boarded by pirates.
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Oct 11, 2023 00:23
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Oh god, are they fusing with the Sovereign Citizens.
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Oct 11, 2023 00:29
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mega dy posted:I think Icahn wrote the puts, and put a poo poo ton of money in a bond to supports his case. Its so great that a single selfie with Icahn has so thoroughly woven him in to the mythos.
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Oct 11, 2023 00:31
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did anyone say buttstock yet
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Oct 11, 2023 00:32
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look those people with the ships have very big cannons of course they can make everyone follow their laws. That's just how things work.
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Oct 11, 2023 00:32
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Did the bankruptcy papers have gold Fringe and we're they decided over in admiralty court? Didn't think so. Checkmate shillailures
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Oct 11, 2023 00:36
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cruft posted:My grandfather actually bought shares for me and my sister in the Ringling Brothers Barnum & Bailey Circus, just before the deal was finalized for them to be acquired by (I think) Mattel. But he did that because he liked the artwork: Doesn't this mean you own like 1% of Mattel now?
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Oct 11, 2023 00:45
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Zathril posted:Oh god, are they fusing with the Sovereign Citizens. I'm honestly kind of surprised that it only seems to be popping up now, though that said, I don't exactly keep up on this stuff.
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Oct 11, 2023 01:49
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They've been trending that way more and more, it's just now becoming blatant rather than sneaky. Citing obscure out of date laws and referencing laws that apply to entirely different systems as if they were applicable, etc. But now, now we've got straight up progress to "my stocks are travelling".
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Oct 11, 2023 02:08
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bird with big dick posted:Doesn't this mean you own like 1% of Mattel now? It means I own 1% of the entire solar system. Y'all assholes better get to sucking up before my lambo arrives.
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Oct 11, 2023 02:40
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cruft posted:It means I own 1% of the entire solar system. Y'all assholes better get to sucking up before my lambo arrives. Ha, I don't need you! I'm going to the moon! Wait, do you own the part of the solar system that has the moon in it?
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Oct 11, 2023 02:50
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cruft posted:It means I own 1% of the entire solar system. Y'all assholes better get to sucking up before my lambo arrives. Which 1% though? Some bits are a lot more valuable than other bits.
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Oct 11, 2023 02:51
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cruft posted:It means I own 1% of the entire solar system. Y'all assholes better get to sucking up before my lambo arrives. LOL, I'm posting from the Sirius solar system -the best solar system-, you're partial owner of that clunka of a solar system means nothing to me! What sort of lame rear end solar systems have only one sun!!!! HAHAHAHA
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Oct 11, 2023 02:53
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PhazonLink posted:wait was Lego failing 20 years ago? IIRC Lego was actually in what's considered a dark age in the late 90s/early 00s at least, making a lot of poo poo no one really wanted and stuck in some bad design trends.
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Oct 11, 2023 03:05
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Ghost Leviathan posted:IIRC Lego was actually in what's considered a dark age in the late 90s/early 00s at least, making a lot of poo poo no one really wanted and stuck in some bad design trends. HEDGIES!!!! 
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Oct 11, 2023 03:06
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Ghost Leviathan posted:IIRC Lego was actually in what's considered a dark age in the late 90s/early 00s at least, making a lot of poo poo no one really wanted and stuck in some bad design trends. It was before they discovered the one secret trick called 'licensed IP sets'.
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Oct 11, 2023 03:23
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lol @ bbby bag holders I made money on GME and AMC. Most I made in one transaction was 17K in profit and then I told myself I was done Everyone had a cult mindset. After GMEs success around CNBC was talking about silver. If they’re talking about silver than some hedge fund has found a way to scam a bunch of morons. RoboBoogie fucked around with this message at 03:33 on Oct 11, 2023 |
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Oct 11, 2023 03:30
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Impossibly Perfect Sphere posted:It was before they discovered the one secret trick called 'licensed IP sets'. actually  they had already started doing that and it was almost the last nail in the coffin because they wound up misjudging demand and overproducing them because they were leaning on them to keep the company afloatthe main problem was that the lego company decided that making toy model construction kits using plastic bricks was a dead end business and they needed to diversify their revenue streams into theme parks, cartoons, and other types of toys
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Oct 11, 2023 03:36
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It's always great when new management comes in to a successful business than just decides to random only tangentially related bs. Like diversifying can be good, but you know make sure you don't gently caress over your core business in the process if it's doing well. I swear business school is just a lobotomy.
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Oct 11, 2023 03:43
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dr_rat posted:It's always great when new management comes in to a successful business than just decides to random only tangentially related bs. X, the everything app
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Oct 11, 2023 04:20
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cruft posted:My grandfather actually bought shares for me and my sister in the Ringling Brothers Barnum & Bailey Circus, just before the deal was finalized for them to be acquired by (I think) Mattel. But he did that because he liked the artwork: Definitely worth something as a collector's piece. Too bad for the apes the same can't be said of their poo poo stock.
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Oct 11, 2023 05:57
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the holy poopacy posted:actually Ironically they've managed to make all that poo poo work now by building on their core product until they have a more comfortable base and can afford the risks of branching out. Licensed IP sets are actually quite the risk, as it's not like popularity is guaranteed and in fact it can have much narrower appeal than more generic original stuff, and on top of that you need to pay for the licensee, probably royalties and deal with their stipulations on top of your existing design and marketing requirements.
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Oct 11, 2023 06:37
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As a child I could amuse myself endlessly with a giant bucket of Lego pieces. How on earth could the company be a rollercoaster?
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Oct 11, 2023 06:52
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Ghost Leviathan posted:Licensed IP sets are actually quite the risk, as it's not like popularity is guaranteed and in fact it can have much narrower appeal than more generic original stuff, and on top of that you need to pay for the licensee, probably royalties and deal with their stipulations on top of your existing design and marketing requirements. I recall that their was a bunch of toy stuff licensed for Batman Returns before it released, then when it came out and it turned out the movie wasn't suitable for lame parents who only wanted their kids to see lame movies, the toy companies all sued.
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Oct 11, 2023 06:54
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Elden Lord Godfrey posted:As a child I could amuse myself endlessly with a giant bucket of Lego pieces. How on earth could the company be a rollercoaster? It's harder than it looks! Unrelatedly they also make Lego rollercoasters.
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Oct 11, 2023 07:35
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Elden Lord Godfrey posted:As a child I could amuse myself endlessly with a giant bucket of Lego pieces. How on earth could the company be a rollercoaster? Yes but were you buying new sets every month?
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Oct 11, 2023 09:12
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super sweet best pal posted:Yes but were you buying new sets every month? If I needled my mom enough sure
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Oct 11, 2023 09:20
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Are any Apes trying to pump up Rite Aid right now, another company brought low by dirty short sellers?
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Oct 11, 2023 09:51
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colonelwest posted:Are any Apes trying to pump up Rite Aid right now, another company brought low by dirty short sellers? Rite aid will heal itself and come back stronger than ever. 
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Oct 11, 2023 09:57
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dr_rat posted:It's always great when new management comes in to a successful business than just decides to random only tangentially related bs. It's like the one thing you can't blame on business schools. Lego was always run by members of the Kristiansen family, and the guy who almost ran it into the ground was the grandson, who spent his youth working for grandpa and dad, who then became CEO when he was like 30 and promptly fired a bunch of the older people in the company and started stir up poo poo. He pissed off the family so much that they eventually replaced him with a completely unrelated former McKinsey-ghoul, who promptly turned the company around.
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Oct 11, 2023 09:57
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It turns out that there’s a sad small sub-group of apes pouring money in Rite Aid because of course there is. 
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Oct 11, 2023 10:02
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super sweet best pal posted:Yes but were you buying new sets every month? now that i think about it i was a poor kid whose legos were hand me downs from older friends of the family so i guess not
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Oct 11, 2023 11:26
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Wait you buy lego? I thought pieces just naturally grew under couch cushions and random bits of furniture?
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Oct 11, 2023 11:29
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It's more that a lot of business degrees are just laundering privilege for useless failchildren, whether they actually absorb any useful information from them is entirely optional. We live in a feudal system with the names switched around as a charade.
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Oct 11, 2023 13:27
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Ghost Leviathan posted:It's more that a lot of ftfy. And I say that as an educator. I can at least respect the rich failchildren who read literae humaniores or english lit or art history or something, because at least they're not pretending that their education is what got them to where they are today.
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Oct 11, 2023 14:06
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