Jump to content

Rimbo

Burnt Ends
  • Posts

    13809
  • Joined

  • Last visited

  • Days Won

    6

Posts posted by Rimbo

  1. 1 hour ago, TeeDubya said:

    hahaahahahahahahahaha, I'm dead.

    stole that from a Fella on Threads... told him I would, too

    don't forget the "industrial strength" part

  2. 10 minutes ago, InkaUtexas said:

    or just Former President Dickhead.

    91-time criminally indicted flatulent narcoleptic seditious bankrupt immoral rapist, industrial strength vaginal dehumidifier, and former president, Donald J. Trump.

    • Hook 'Em 1
    • Like 2
    • Haha 6
  3. 5 minutes ago, Gatorubet said:

    The heat is on. The heat is on-on. The heat is on. It’s on the street.

    Appropriate to quote a song by Glenn Fry.

     

    (stfu, spell-check, I know what I'm doing)

    • Like 2
  4. 45 minutes ago, aggie08 said:

    Mad respect. If you're dumb enough to truly believe that elections are being stolen from you and the three letter agencies are conspiring to put the true and rightful President behind bars, stop being a coward and fucking do something about it for your country.

    I honestly feel the same way about the Jan 6 participants. I don't blame them; in fact, they risked a lot for what they believed to be righteous. They're just really, really fucking stupid. I blame their thought leaders. 

    All the other MAGA losers are just playing dress up in a professional wrestling storyline.

     

    43 minutes ago, 'stache said:

    1acb0717-c59e-44ed-a094-ca69b53ab4d1_tex

    Yeah uhm count me in on team "They won't actually do anything about it." More like that, fewer actual martyrs, please.

  5. 22 minutes ago, Horn Under a Bad Sign said:

    Trump this morning:   "They’ve taken away my constitutional rights to speak and that includes speaking to you,”  the former president told reporters as he arrived at Manhattan Criminal Court on Friday.

    You can't make this shit up. 

    I don't even like how that's being reported. He should be referred to as "the troubled former president" at the very minimum.

    • Like 2
    • Haha 1
  6. 19 minutes ago, BonzoMontreaux said:

    Nope, never made it to Painkiller.  I think I started getting more into SRV and ZZ Top, etc... soon after Turbo came out. 

    I mean, I get that. I didn't even get into Priest until a decade or two ago. Been playing catch-up ever since.

  7. 2 hours ago, 4th&Five said:

    While simultaneously taking credit for the fucking vaccine!

    Which gets him jeered at his own tour stops. Like Primus playing any song off the Brown Album. (tho "Bob's Party Time" still rocks tbh)

  8. 15 minutes ago, BonzoMontreaux said:

    Hmmm... I have to admit, I had all of their albums up to and including Turbo at one time.  Haven't really even bothered listening to anything beyond that.  May have to circle around on this.

    I became a fan when a friend of mine and I were driving around - possible under some influences - and we were listening to 'Unleashed in the East'.  'Victim of Changes' comes on, Halford does what Halford does and I became a fan instantly.

    ... you kidding? You never even made it to Painkiller? Oh my brother in Christ, you need to hop aboard the post-Turbo train (it's ok if you skip the Tim Owens stuff; nobody will judge you). You are about to have your mind blown. Bands this old just do not rock this hard

    • Hook 'Em 1
  9. 3 minutes ago, safe sex said:

    That you can sell something you don't actually have yet is bonkers to me.

    You are held to the promise to buy it back, is the key. You are contractually bound to the shares you sold, just as if you'd owned them in the first place.

  10. 3 minutes ago, TexasEd said:

    I disagree, The Dukes ended up with a substantial portion of the market but they overpaid and when they go to deliver to grocery stores or whatever they will not recoup their investment.

    The Dukes ended up penniless before they left the trading floor. Their guy on the floor was buying up until the end, but they didn't have the cash to cover what they'd purchased, so all of their assets were seized. The exchange leadership went Laetitia James on 'em.

    Just now, Goredho said:

    d_M7ty.gif

    628bdc54-7f04-472d-99c8-101d8d6c3c0d_tex

    • Haha 2
  11. 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.

  12. 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.

    • Hook 'Em 5
    • Drool 1
  13. 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.

    • Hook 'Em 6
    • Haha 2
    • Drool 1
×
×
  • Create New...