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gsoda3

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Everything posted by gsoda3

  1. Abbott hates animals? I didn't know that. Wait that's who you're talking about right?
  2. Not unless Elon's children are Chinese.
  3. Edit to address the bolded part: Valuations are often derived from annual profit so they're super important to everyone. Yes. A consideration that needs to be made about annual losses vs profit on a sale is the time frame. Mavs annually posting a loss means money has to come in every year from somewhere to pay the bills. That money could come from cash on hand or it could have come from outside sources. Cuban has always claimed he's put his personal money in. Cuban made a LOT of money selling his stake. He bought the team in 1998? and sold in 2024. It took 26 years to see that money.
  4. Aymen Labidi is his name. Attended the University for 4 years but didn't graduate with a degree. APD's arrested and released him several times for assault and disorderly conduct the past few weeks despite the victims telling them they want to press charges (does that even matter?).
  5. You were uncomfortable because she was a woman and not because you were about to get anally violated? Interesting. What moments where I was a jerk do I wish I could take back? A few of my posts here.
  6. So... nothing business related? Legitimately asking. Because several of you have replied with versions of "how stupid is Cuban to not have known about them..." but it sounds like there's nothing to know about except whatever political projections have been cast. Net Profit is what determines if you're running a loss vs running a profit. That number comes from the Income Statement which only looks at Revenues minus Expenses. When companies report earnings, they're reporting the Revenue minus Expenses number. Valuation of the company isn't considered anywhere on the Income Statement. The value of the company has zero to do with whether or not you're running at a loss. Real life example: Amazon wasn't profitable for the first decade of its existence yet was already worth $20 billion (based on market cap valuation) right before they became profitable.
  7. Is owning your house a business? You know the answer to that.
  8. You either believe what Cuban says or you don't. You don't. That's fine. I've seen nothing in his actions that lead me to doubt what he said about running the team at a loss for all those years. Again - valuation has nothing to do with operating profit or loss.
  9. I never said that. I was asking why the Adelsons were one of the worst families in America. Still haven't gotten an answer.
  10. You're inferring too much. I don't even like him, but I believe him based on his history. You choose to disbelieve based on... what I don't even know.
  11. Hah, no I completely messed up. What I meant was they're not an executive branch agency. They don't fall under that EO. Their independence was intentionally created to shelter them from these types of circumstances.
  12. Do you not know how p&l is calculated? It's not from value. The first time I heard Cuban say he was operating the mavericks at a loss was in 2007, the year after we should have beat Miami. The last time I heard him say it was two weeks ago. He said it multiple times in between. Of course he wasn't talking about the value of the team. P&L is an income statement figure. Revenue minus expenses. Nowhere does market value of the team figure in. Same with operating cash flows. It's money in, money out. For 20+ years he was paying out of his pocket to keep the Mavs running because he was running the team at a loss, despite having the longest sellout streak in the NBA. He could have raised ticket prices to cover the deficit. He didn't.
  13. And that is....
  14. But they're not. The SEC isn't a government agency.
  15. He's said many times over the years he's lost hundreds of millions of dollars on the Mavs. But you do you former season ticket holder.
  16. Donnie and Friends are undoubtedly getting rich on this. No question about it. My issue is you said it's happening at hedge funds because they're not registered with the SEC and aren't subject to oversight. That's just not true. That EO you posted specifically said "employees of the executive branch". Employees at hedge funds, including the partners, are not part of that EO and aren't exempt from SEC or FINRA requirements.
  17. He said he'd rather divorce his wife than trade Luka. He said he never would have traded Luka as long as he was owner of the team. Has he said the exact words "I wouldn't have sold the team if I knew they would have traded Luka"? I don't think so...? But he addressed that question when he said he never would have traded Luka and he had the contract state he would retain control of basketball operations but the NBA made him take it out.
  18. Agreed. Cuban is a billionaire. Money will always come before the Mavs. He looks bad either way like you've mentioned. Either he didn't do his research on this group and he's dumb or he knew and just didn't give a shit because.... Money. I'll go with the latter. Except when it doesn't, and it never had when it came to the Mavericks until he sold the team. How much money has he *willingly* lost on the team all these years for the sake of keeping ticket prices low? How many times did he say losing games hurts worse than losing money?
  19. I think you assigning blame to Cuban by asserting he should have been able to see the new owners overriding his judgement on basketball operations, ceding final word to a GM that Cuban himself hired, and having that GM do something that almost no one else in the City of Dallas would have done is ridiculous. You yourself said you don't follow the NBA. Yet you're opining on this like you're familiar with Cuban's previous actions. He wouldn't have done anything that would have hurt the team like this. He's sacrificed tens of if not hundreds of millions of dollars for the betterment of this team.
  20. Interesting insight on both points. I've never heard west campus called wampus and I lived there for two years. Do people call it wampus?
  21. Which employees of the executive branch are moonlighting at Hedge Funds?
  22. I don't think you understand how big of a fan Cuban actually was. He was as passionate about this team as any of us in here. He wouldn't have done this if he thought it was even a remote possibility this could have happened.
  23. I was in middle school. Onn the reddit thread an EMT and an ER nurse said there've been bad batches of K and Spice going around. Basically a mixture of mouse trap glue and fentanyl. Who'd they get it from? There's been someone advertising a company called wampuszaza or wampusgreens in the bathroom stalls - apparently a semi-legal source for drugs. Maybe it's there. But police did say the PCL body wasn't affiliated with the university.
  24. Had you even heard of the Adelsons before this deal? The only thing I knew them for was the Sands and even then it was only Sheldon Adelson I had any knowledge of. Why are they the worst? Because Miriam donated to Trump? Sounds like you're being irrational in your anger and assigning blame to Cuban in an unreasonable expectation he should have just known.
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