[Doomsday Economics] Home of Kirbeh's FREE SLICE ($25 delivery fee)

The Something Awful Forums > Discussion > C-SPAM > [Doomsday Economics] Home of Kirbeh's FREE SLICE ($25 delivery fee)

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(Thread IKs: skooma512)

DJJIB-DJDCT: Feb 1, 2024

euphronius posted:

would tsa have even stopped the 911 crew

They caught one of them going through security in Boston, actually, but then he was waived through for reasons that are a bit unclear.

# ? Apr 15, 2024 20:10

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# ? May 24, 2024 21:51

Good Soldier Svejk: Jul 5, 2010

silicone thrills posted:

Im always kind of amazed at how many fully functional and useful appliances are in my goodwill. Like 400$ bread makers that look never used

Apparently putting 5 ingredients into a bowl and hitting start is just too complicated.

I'm a book fiend myself and have found that the extended ecosystem of thriftstores in my area are absurdly better than Goodwill these days.

There's one called Unique that is the largest and most chaotic thrift store I've ever been to and another (chain?) called 2nd and Charles which is a book lover's dream

Also smaller independent shops located near colleges used to be a good spot... dunno if they still would be.

# ? Apr 15, 2024 20:22

kreeningsons: Jan 2, 2007

Good Soldier Svejk posted:

There's one called Unique that is the largest and most chaotic thrift store I've ever been to

we have a massive Unique like that but the real unique part is it is separated with a wall to a second massive chaotic Value Village of the same size, with separate checkout registers and everything, and a flea market connecting the two in the middle, like some sort of insane thrift store chimera

# ? Apr 15, 2024 20:35

Vox Nihili: May 28, 2008

Number update: it's dying again

# ? Apr 15, 2024 20:54

Woke Mind Virus: Aug 22, 2005

BUY THE DIP!!!

# ? Apr 15, 2024 20:56

post hole digger: Mar 21, 2011

Woke Mind Virus posted:

BUY THE DIP!!!

# ? Apr 15, 2024 20:58

RadiRoot: Feb 3, 2007

home depot is down even though i bought not one but TWO rakes for the back yard.

# ? Apr 15, 2024 21:00

Pepe Silvia Browne: Jan 1, 2007

Twigand Berries posted:

lol I go through TSA three times a day (smoke breaks) five days a week and all my hate is for the flying public

# ? Apr 15, 2024 21:02

RadiRoot: Feb 3, 2007

Thorn Wishes Talon posted:

https://twitter.com/Schuldensuehner/status/1779633662394269882

doomers BTFO (again)

quoting this for later

# ? Apr 15, 2024 21:03

In Training: Jun 28, 2008

NY state is about to cut a big fat loving check to the landlord class. Again.

# ? Apr 15, 2024 21:09

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

In Training posted:

NY state is about to cut a big fat loving check to the landlord class. Again.

what are they doing, cutting prop taxes again?

# ? Apr 15, 2024 21:14

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

$DJT rug pull may have just been filed which is going to be very funny how many catch the falling knife after moon rocketing

# ? Apr 15, 2024 21:19

post hole digger: Mar 21, 2011

im going to buy the dip

# ? Apr 15, 2024 21:20

In Training: Jun 28, 2008

Xaris posted:

what are they doing, cutting prop taxes again?

theyre raising the cap on how much rent stabilized apts can raise after a tenant leaves by hundreds / mo (a cap put in place in just 2019!!), tax breaks for developers and removing code requirements to "ease" the conversion of office space to residential.

# ? Apr 15, 2024 21:21

In Training: Jun 28, 2008

I don't know why so many ppl got attached to the "Convert empty downtown offices to Housing Units for $$$" idea. It seems dumb as gently caress, requiring probably as much construction as new units and they will probably all suck rear end to live in and be stupidly overpriced cuz they're on like. Madison Ave or Wall Street.

# ? Apr 15, 2024 21:23

The Oldest Man: Jul 28, 2003

In Training posted:

I don't know why so many ppl got attached to the "Convert empty downtown offices to Housing Units for $$$" idea. It seems dumb as gently caress, requiring probably as much construction as new units and they will probably all suck rear end to live in and be stupidly overpriced cuz they're on like. Madison Ave or Wall Street.

It only seems dumb as gently caress to you because you're not getting a big fat check, tax write-offs, and regulatory exemptions for your great service to society of owning an empty building. If you were, you'd realize it's very smart actually.

# ? Apr 15, 2024 21:25

no lube so what: Apr 11, 2021

In Training posted:

I don't know why so many ppl got attached to the "Convert empty downtown offices to Housing Units for $$$" idea. It seems dumb as gently caress, requiring probably as much construction as new units and they will probably all suck rear end to live in and be stupidly overpriced cuz they're on like. Madison Ave or Wall Street.

Congo line of terrible ideas to avoid [redacted]

# ? Apr 15, 2024 21:26

Nitevision: Oct 5, 2004; Your Friendly FYAD Helper
Ask Me For FYAD Help
Another Reason To Talk To Me Is To Hangout

post hole digger posted:

im going to buy the dip

When there's dip, bring your chips to the table. <- saying I thought of.

# ? Apr 15, 2024 21:26

post hole digger: Mar 21, 2011

The Oldest Man posted:

It only seems dumb as gently caress to you because you're not getting a big fat check, tax write-offs, and regulatory exemptions for your great service to society of owning an empty building. If you were, you'd realize it's very smart actually.

We got so much more poo poo like this to look forward to :allears:

sold for $442,600 btw, $655 "HOA" fees, lol https://www.zillow.com/homedetails/777-Grand-Ave-SUITE-204-San-Rafael-CA-94901/2068769551_zpid/

edit:

the full tour:
https://www.tiktok.com/embed/7254923258645073195

post hole digger has issued a correction as of 21:33 on Apr 15, 2024

# ? Apr 15, 2024 21:31

PlushCow: Oct 19, 2005; The cow eats the grass

Xaris posted:

$DJT rug pull may have just been filed which is going to be very funny how many catch the falling knife after moon rocketing

https://ca.news.yahoo.com/small-time-investors-trump-truth-185507366.html

quote:

Small-time investors in Trump�s Truth Social reckon with stock collapse

Jerry Dean McLain first bet on former president Donald Trump�s Truth Social two years ago, buying into the Trump company�s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 - pretty much his �whole nest egg,� he said.

That nest egg has lost about half its value in the past two weeks as Trump Media & Technology Group�s share price dropped from $66 after its public debut last month to $32 on Friday. But McLain, 71, who owns a tree-removal service outside Oklahoma City, said he�s not worried. If anything, he wants to buy more.

�I know good and well it�s in Trump�s hands, and he�s got plans,� he said. �I have no doubt it�s going to explode sometime.�

# ? Apr 15, 2024 21:42

Vox Nihili: May 28, 2008

In Training posted:

I don't know why so many ppl got attached to the "Convert empty downtown offices to Housing Units for $$$" idea. It seems dumb as gently caress, requiring probably as much construction as new units and they will probably all suck rear end to live in and be stupidly overpriced cuz they're on like. Madison Ave or Wall Street.

Eh, depending on the type of space you can get some urban lofts/studios that aren't awful.

I imagine the cost of converting a standard New York office tower into condos or apartments must be insanely prohibitive though, replacing all the utilities alone would be back-breaking.

# ? Apr 15, 2024 21:48

Vox Nihili: May 28, 2008

PlushCow posted:

https://ca.news.yahoo.com/small-time-investors-trump-truth-185507366.html

Lmao @ small business owner acumen

# ? Apr 15, 2024 21:50

Harik: Sep 9, 2001; From the hard streets of Moscow
First dog to touch the stars; Plaster Town Cop

PlushCow posted:

https://ca.news.yahoo.com/small-time-investors-trump-truth-185507366.html

he's not wrong, it's 100% certain that truth social will explode sometime, probably fairly soon.

# ? Apr 15, 2024 21:51

Vox Nihili: May 28, 2008

Many of Truth Social’s investors say they’re in it for the long haul. Todd Schlanger, an interior designer at a furniture store in West Palm Beach who said Trump had been one of his customers, said he’s invested about $20,000 in total and is buying new shares every week.

Schlanger said he now watches his stock performance every day hoping for positive signs. In a Truth Social post last week, he encouraged “everyone who supports Donald Trump and Truth [Social to] buy a share everyday” and asked, “Do you think we have hit bottom?” (The stock slid nearly 10 percent after that post.)

He suspects the recent drops in share price have been the result of “stock manipulation” from an “organized effort” to make the company look bad. There’s no proof of such a campaign, but Schlanger is convinced. “It’s got to be political,” he said, from all the “liberals that are trying to knock it down.”

That range of emotions is on full display on Truth Social, where thousands of mostly anonymous accounts have flocked to meme-filled investor groups, one of which is emblazoned with a computer-generated image showing Trump pumping his fist on a Wall Street trading floor.

Some accounts there have recently encouraged traders to keep investing in a fight they said was about “good vs evil” - a way to defend Trump from the liberal elites laughing at him and, by extension, them. The user @BaldylocksUSMC said “the fight has been long and hard on most of us” and that “this stock is not for the weak,” but that one day they would triumph over critics who were “brainwashed beyond repair.”

# ? Apr 15, 2024 21:54

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Vox Nihili posted:

Many of Truth Social�s investors say they�re in it for the long haul. Todd Schlanger, an interior designer at a furniture store in West Palm Beach who said Trump had been one of his customers, said he�s invested about $20,000 in total and is buying new shares every week.

Schlanger said he now watches his stock performance every day hoping for positive signs. In a Truth Social post last week, he encouraged �everyone who supports Donald Trump and Truth [Social to] buy a share everyday� and asked, �Do you think we have hit bottom?� (The stock slid nearly 10 percent after that post.)

He suspects the recent drops in share price have been the result of �stock manipulation� from an �organized effort� to make the company look bad. There�s no proof of such a campaign, but Schlanger is convinced. �It�s got to be political,� he said, from all the �liberals that are trying to knock it down.�

That range of emotions is on full display on Truth Social, where thousands of mostly anonymous accounts have flocked to meme-filled investor groups, one of which is emblazoned with a computer-generated image showing Trump pumping his fist on a Wall Street trading floor.

Some accounts there have recently encouraged traders to keep investing in a fight they said was about �good vs evil� - a way to defend Trump from the liberal elites laughing at him and, by extension, them. The user @BaldylocksUSMC said �the fight has been long and hard on most of us� and that �this stock is not for the weak,� but that one day they would triumph over critics who were �brainwashed beyond repair.�

lol and they filed a resale registration which could mean

quote:

https://www.sec.gov/ix?doc=/Archives/edgar/data/1849635/000114036124019745/ny20026576x1_s1.htm

Why would one file a resale registration? Well, on Truth Social they are eagerly sharing a quote from the Reuters article where a lawyer says "it's completely normal to put that up for your stockholders."

TS post: https://truthsocial.com/group/dwac/posts/112276002659745170

So, obviously it's not that.

**Theory**

Why else, then, would the company file a resale registration? It could be because DJT previously did a PIPE and now intends to sell his shares - aka a Private Investment in Public Equity. SEC explainer: https://www.sec.gov/info/smallbus/gbfor25_2006/pinedo_tanenbaum_pipefaq.pdf

But why would Donald Trump put MORE money into his failing business?

Answer: He's not, he's extracting his $$$ through the abuse of an otherwise common financial instrument.

FIRST - Trump agrees to purchase some large number of additional shares for a ludicrously low price.

"But blackout periods for selling PIPE shares!" > at the discretion of the issuer

"But never agree to low price / it's fraud!" > price solely agreed between investor and issuer. He could even choose a variable price, like "50% of the current value of shares."

"But PIPE shares are legended! Rule 144!" > Only before the the resale registration becomes effective, Afterwards, sell away.

"But you'd have to say something to someone!" > They just did, and afaik the only two reporting requirements are to say what shares are up for resale and who the Shareholders are (did it).

SECOND - Wait 30 days for the resale registration to complete at the SEC, using the dilution component of the S-1 as a red herring to keep people off the scent of the real scam.

THIRD - slide all those PIPE purchased, cheap rear end shares into the market all stealthy like. His other 150 million shares go to zero but (1) they only existed so he could use his control of the company to abuse PIPEs (2) zero was going to happen anyways.

**Trading hypothesis**

DJT falls faster than any institutional investor expects because Trump uses norms built into standard practices to supercharge his scams. Evidence: his entire presidency & post-presidency and all the pathetic "but norms" hand waving by the political class. No exceptions made for institutional investor class, sorry.

DJT cultists catch the falling knife as usual.

**Positions**

$3k in Puts at price points between $25 and $5 over the next 8 months

# ? Apr 15, 2024 22:03

mycomancy: Oct 16, 2016

Vox Nihili posted:

Many of Truth Social’s investors say they’re in it for the long haul. Todd Schlanger, an interior designer at a furniture store in West Palm Beach who said Trump had been one of his customers, said he’s invested about $20,000 in total and is buying new shares every week.

Schlanger said he now watches his stock performance every day hoping for positive signs. In a Truth Social post last week, he encouraged “everyone who supports Donald Trump and Truth [Social to] buy a share everyday” and asked, “Do you think we have hit bottom?” (The stock slid nearly 10 percent after that post.)

He suspects the recent drops in share price have been the result of “stock manipulation” from an “organized effort” to make the company look bad. There’s no proof of such a campaign, but Schlanger is convinced. “It’s got to be political,” he said, from all the “liberals that are trying to knock it down.”

That range of emotions is on full display on Truth Social, where thousands of mostly anonymous accounts have flocked to meme-filled investor groups, one of which is emblazoned with a computer-generated image showing Trump pumping his fist on a Wall Street trading floor.

Some accounts there have recently encouraged traders to keep investing in a fight they said was about “good vs evil” - a way to defend Trump from the liberal elites laughing at him and, by extension, them. The user @BaldylocksUSMC said “the fight has been long and hard on most of us” and that “this stock is not for the weak,” but that one day they would triumph over critics who were “brainwashed beyond repair.”

Aaaaaaaaahahahahaha get hosed you stupid prick!

# ? Apr 15, 2024 22:04

slave to my cravings: Mar 1, 2007; Got my mind on doritos and doritos on my mind.

truth social will skyrocket in November

# ? Apr 15, 2024 22:07

In Training: Jun 28, 2008

All those people are correct and will be WSB millionaires on January 6, 2025.

# ? Apr 15, 2024 22:09

Majorian: Jul 1, 2009

In Training posted:

All those people are correct and will be WSB millionaires on January 6, 2025.

But only if they pay with Iraqi dinars.

# ? Apr 15, 2024 22:16

Good Soldier Svejk: Jul 5, 2010

kreeningsons posted:

we have a massive Unique like that but the real unique part is it is separated with a wall to a second massive chaotic Value Village of the same size, with separate checkout registers and everything, and a flea market connecting the two in the middle, like some sort of insane thrift store chimera

yeah the one near me has a bunch of little unrelated shops in the very entrance with like perfume and what looks like a vintage game/collectibles stall

it's like as close to a bazaar/open air market as I've ever seen in the US and it's kinda cool as hell and makes me wish we had just entirely open market places like that all over

# ? Apr 15, 2024 22:20

the popes toes: Oct 10, 2004

post hole digger posted:

im going to buy the dip

You can make your own. Nearly all homemade dip is better and cheaper than storebought unless you go the Velveeta route.

# ? Apr 15, 2024 22:35

JAY ZERO SUM GAME: Oct 18, 2005; Walter.
I know you know how to do this.
Get up.

OhFunny posted:

German industry stays losing.

The Freiberg plant closing cuts Europe's total solar panel production output by 10%.

everything going according to plan

# ? Apr 15, 2024 22:46

George H.W. Cunt: Oct 6, 2010

lol god drat there is no hope for any of us. Even retiree age Golden Bachelor can't find a wife due to working until death.

quote:

Sources with direct knowledge tell TMZ ... since Theresa has an established career as a compliance officer in New Jersey, she grappled with the idea of leaving her job behind to move to Indiana or South Carolina with Gerry.

We're told Gerry understood Theresa's dilemma and offered up an idea -- splitting their time where they would spend six weeks in Jersey and six weeks in Indiana ... but they couldn't imagine a world where they could do that and Theresa could keep her job.

Our sources say Teresa didn't want to move to a small Indiana town or South Carolina and try to find work as a 70-year-old ... especially a job she loved like the one she has.

# ? Apr 15, 2024 22:55