Jump to content

southsider2k5

Admin
  • Posts

    185,258
  • Joined

  • Last visited

  • Days Won

    533

Everything posted by southsider2k5

  1. No. The intraday volatility is off of the charts. Like I can't think of anything like this in 23 years of working in the industry off of the charts. Today's range is 290 to 415 on 30 million shares on a 47 million float.
  2. Call it what you want, but there is still TONS of money flooding into a company that probably won't exist in a few years. THAT is stupid.
  3. Give them at least a year.
  4. That's the thing. I know so many people are caught up in the sticking it to the man aspect, but two things stand out. #1, this is a classic pump and dump scheme, all of the way down to the coordination. It's illegal and it always has been. #2, this IS going to pop, and when it does, there are going to be a lot of people who get caught trying to catch a falling knife. When it goes, it will be ugly, and a LOT of people are going to lose fortunes.
  5. Also a fair question. Then again, he hasn't really been special, and is on the verge of falling out of baseball with another season or two like he has just had.
  6. All though I will say, going back to what Ptac said about his motion back to day one, I wonder if there is a fix that can be made to alleviate those issues?
  7. Sure, but 17 year old kids are fully capable of understanding what is behind student loans and what they mean for the next decades of their lives.
  8. Yeah, but does Joc defend teammates kid's?
  9. I am absolutely fine with Cease/Lopez, and the rest of them fighting it out for the 5th spot in the rotation, and Cease being the guy in the rotation come April. It is pretty telling when you are coming out of this off season depending on two of them to start the season.
  10. Don't worry about this poster. He's a Padres fan now.
  11. Wow. I didn't think I would see someone carry water for Adam Eaton.
  12. Jim Jones called, he wants you back at the ranch.
  13. Here it is. If RH is tapping credit lines harder than Trump with a prostitute, that means they are covering some major losses.
  14. If the company is already overextended, leveraged, or margined, it could.
  15. When people tell you who they are, you should listen.
  16. Margin is a loan. It is a revenue stream. Firms aren't charging comissions anymore, so they look to things like this for the bottom line.
  17. So take a case like this. Say someone puts $10,000 down, and gets 50% margin on it, so technically they can go to $15k in exposure. They load up on short options in a stock like GME. GME goes from $15 to $300. Those 100 calls that they were selling for 25 cents, or $25 a contract (.25X100 share per contract x100 contracts), are now worth $200 in intrinsic value alone, without adding a penny of volatility or time cost to them. 100 contracts sold makes the user $2500, and leaves the user 6:1 in terms of risk before he even goes on margin call. Again, those $2500 in contracts, now are worth $2,000,000 in JUST intrinsic value ($200.00 X100 share per contract x100 contracts). Add vol and time costs to those, and you are probably talking a $50 per contact price, or $5000 per option. In other words you now are owing someone $2.5 million ($250.00 X100 share per contract x100 contracts), having collected $2500. Your broker has direct access to your $10,000. Sure they can sue, but do you think these people have a space couple of million laying around? Now your introducing broker has to come up with that money. if they can't do it, now the clearing broker has to. If the clearing firm can't, that is when you get a Bear Stearns or EDF Man situation, they blow up and go away. It's an extreme example, but it makes the point of why these restrictions happen.
  18. The dude made it rich off of sexist and racist banter. Now he is putting on a show about something he CLEARLY doesn't understand to win some points. He is way more worried about his stock account than any damage he did to people along the way. No I am not going to be impressed by this.
  19. Throwing other people's money at things doesn't change who you are.
  20. For the record, this is a conversation between two shitbags, but one of them knows what they are talking about.
  21. I think 2 and 3 are 100% true for sure. I think there is no doubt that if COVID doesn't happen, the Sox spent A LOT more this year. It hasn't gotten talked about enough. We have a history that shows the Sox add dollars when they are good, and this is the first time it isn't really proving true, and there is a very big elephant in the room currently. Yes, I wanted them to spend this winter, but it isn't surprising that they didn't. It is also pretty obvious that with Pritzker and Lightfoot leading Illinois and Chicago, they won't be opening up attendance early, and even when they do, it won't be a high percentage until it is more clearly safe. #1 I doubt, because as long as JR has owned this team, he knows what happens to the bottom line when this team is bad. #4, who knows.
×
×
  • Create New...