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Rimbo

Burnt Ends
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Posts posted by Rimbo

  1. 3 minutes ago, TexasEd said:

    If it is a pure cover play they only buy enough to satisfy the obligation to deliver the shares they sold short.

    I mean, the movie doesn't say one way or the other how much of the OJ market they end up with.

    BUT: It does say that the Dukes are aiming to corner the market, and yet W&V were selling (at the start of trading) so many shares that, despite the Dukes and everyone else buying, the price actually started to fall before the real crop report was read. Which means W&V were selling, and later covering, a fuckton of shares.

    It's implied that they ended up with a substantial portion of the market when they covered.

  2. 17 minutes ago, jimmyjazz said:

    This is what many of us thought MIGHT happen long before now, when Trump would actually face a system/adversary that couldn't be bullied.  It has taken too long, and the consequences are so far too minimal, but it's a start.

    And this is the weakest of the many cases he faces.

    It only gets worse for him from here on out.

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  3. 55 minutes ago, Pato del Muerto said:

    spacer.png

    tl;dw:

    You sell a bunch of shares you don't have (short selling), planning on buying them later (covering). If everyone's shorting a stock at once, the sells drive the stock down; they then all might end up covering at once, making it go up slightly, also known as the Dead Cat Bounce.

    Longer:

    Trading Places' ending is downright educational. Winthorpe and Valentine give the Dukes a fake crop report, making the brothers think there was a shortage of oranges, so the Dukes start buying a lot of shares, expecting the value of OJ to increase greatly once the report is made public. A bunch of traders see this, and try to get in on it, driving the price up. Then Winthorpe and Valentine start short-selling once it gets high enough -- they don't have any of these shares, yet, they just grab a ton of money on shares they promise to buy in the future, suddenly driving the price down a little bit, alerting the Dukes that something is wrong.

    Then the actual report gets read, and everyone realizes they're holding overpriced OJ shares, and start selling it off, driving the price down like crazy. Once it gets to a fraction of its starting price, Winthorpe and Valentine cover, buying back at a fraction of the price all the shares they'd sold. In the end, W&V pocket a shit-ton of money and own most of the OJ market, and the Duke brothers' assets get seized to cover their losses.

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  4. 13 minutes ago, jimmyjazz said:

    Keeping Rob, Ian and Glenn together at this point is an achievement.  KK seems the main missing ingredient.

    Well, Glenn is just contributing in the studio, now. Parkinson's iirc.

    But... yeah. They just get better with age. Faster, louder... better.

  5. typical big band does one of two things:

    1. Gets big, gets wasted, breaks up; two decades later, cash in on nostalgia playing the old hits for middle aged crowds

    2. Gets big, continues making new music, slows down and kinda mails it in

    but fuckin Priest, man

    They were well past the curve when they dropped Painkiller.

    I swear Firepower was the best album they'd made up until that point.

    And Invincible Shield just dropped last month and might be even better

    How do these old fucks do it

    Halford can still hit the extreme high notes. HOW

    They just keep getting better with age like no other bands I can think of

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  6. 6 hours ago, Bookman said:

    When will Trump's attorneys argue that the Sixth Amendment requires a jury of white, six-time-bankrupt failed businessmen/reality TV stars who inherited their wealth? Will they seek an emergency stay/mandamus in the federal courts? 

    never if you would shut up and stop giving them ideas

     

    ;)

    • Haha 1
  7. 17 minutes ago, F250 said:

    But he's blek and literally shit talking whites from a "Muslim" cultural perspective. The push back he is getting from the "Evropa" types is pretty unsettling. His rant is anti-Western and he intended to get the Neo-Nazis frothing at the mouth for their hatred of the browns.

    Jesus, the whole thing is horrible.

    i-dont-want-to-live-on-this-planet-anymo

    See, I think the more logical solution is for Tate to not live on this planet any more.

    You can stay.

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    • Like 1
  8. 1 hour ago, ztejas said:

    tumblr_lppgg8b5Vm1qcyjm3o1_500.gif.d8726c33dd110d216661bfc135d16c46.gif

    Naw, see, that was the short book.

    For YGIFS you need "When Mr. Bilbo Baggins of Bag End announced that he would shortly be celebrating his eleventy-first birthday with a party of special magnificence, there was much talk and excitement in Hobbiton."

    1 hour ago, closetohumping said:

    now that he’s gone, for now, can we call Chris beard “tourney dynamo” again?

    No.

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  9. 22 minutes ago, Orale said:

    As a gay, I'm dubious of the notion that some piece of shit trying too hard to prove his alpha manliness is likely/probably closeted. He and guys like him may just be very misogynist straight assholes with no game. If he is gay, well y'all can keep him. 

    I mean, he might be a misogynist asshole with no game. Spoiler alert: he is. 3 outta 4 is confirmed. Just that there's no fucking way he's straight.

    I literally get validated for being straight every minute of every day of my life by doing nothing. That's what privilege is, right? So there's no need, ever, for any straight person to have to prove it. We can wear purple lipstick or literally dress like a girl and still date/marry 10s. It's easy.

    You only have something to prove... if you got something to prove. And you only got something to prove if you're not the thing you're trying so hard to be.

    It's like all them fun-duh-mentalist guys who go after gays and talking about resisting the temptation. Them bitches don't realize that if you're straight, there's no temptation for you to "resist." (Never mind that God made you that way and loves you for it. They're wrong that way, too.)

    Dude needs to get himself reconciled with himself. Figure out his daddy issue or mommy issue that makes him broke. Then, he'll be cool to come out of that closet and be who he has always been.

  10. 2 hours ago, huge said:

    I dont get any of this.  I live in a bubble.

    Read what I wrote above. He's gay, he doesn't want to admit it to himself, so he comes up with all these dumb things, treats women like trash, so to try and prove how NOT gay he is.

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  11. 4 hours ago, Pancho said:

     

    There is no way Andrew Tate is straight.

    No straight white man needs this much validation, has to go to such lengths, has to move the goalposts so many times and so far, to prove how white and straight he is.

    If you're white, cisgendered, and ACTUALLY straight, everything we live and breathe validates us for being what we are. There's nothing to prove.

    In fact Tate might very well be the gayest man alive.

  12. 37 minutes ago, MonkeyDoughnut said:

    What kind of rock did one have to live under to qualify as one of the 7 jurors? 

    Dunno how it is in New York, but here in California, the question is NOT "do you know nothing," but rather "can you set your biases aside and be fair and impartial."

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  13. 17 minutes ago, F250 said:

    He was in a lot of notable movies in the mid-90s prior to High Fidelity.

    But yeah, he wasn't doing the "Jack Black" thing until this movie.

    Yeah. I'm astonished how long his CV is before this movie, going back to cereal commercials as a kid. But this was the "Hey who is that guy stealing every scene" movie. Like when Rickman played Gruber in Die Hard.

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