hate these ads?, log in or register to hide them
Page 85 of 89 FirstFirst ... 357582838485868788 ... LastLast
Results 1,681 to 1,700 of 1778

Thread: The Automation Spiral (obligatory loleconomics thread v2)

  1. #1681
    The Pube Whisperer Maximillian's Avatar
    Join Date
    April 10, 2011
    Location
    Sydney
    Posts
    4,076
    Quote Originally Posted by Fortior View Post
    Quote Originally Posted by Keckers View Post
    Didn't it happen accidentally a couple of years ago where a European institution (the ECB I guess?) was sitting on a product which converted partially to equity on default and they just pretended it didn't happen? I vaguely remember it from a Bloomberg column so might be way off on the details.

    Could they create a new institution to transfer those sort of assets to and give them an entirely new remit?
    Probably. If memory serves they did something similar with the Fannie Mae/Freddie Mac/bunch of others holding shitty loans that were all bundled to toxic assets and sold off or isolated somehow. Truly financial magic at work.
    A lot of countries have sovereign wealth funds so dumping stocks and assets acquired during bailouts into those could be an option.

  2. #1682
    Movember 2011Movember 2012 Nordstern's Avatar
    Join Date
    April 10, 2011
    Posts
    11,659
    If you bought Macy's when it was low, you are doing very well. If you didn't buy Macy's, you still can. I think it has plenty of upside potential.

    Currently I have a 54% return on that one stock.
    Last edited by Nordstern; May 27 2020 at 10:08:15 PM.
    "Holy shit, I ask you to stop being autistic and you debate what autistic is." - spasm
    Quote Originally Posted by Larkonis Trassler View Post
    WTF I hate white people now...
    Johns Hopkins CSSE COVID-19 Dashboard

  3. #1683
    mewninn's Avatar
    Join Date
    April 10, 2011
    Posts
    3,559
    nordstern, pls stop

  4. #1684
    Movember 2011Movember 2012 Nordstern's Avatar
    Join Date
    April 10, 2011
    Posts
    11,659
    Quote Originally Posted by VARRAKK View Post
    Weeks ago I told you guys to keep an eye on Air Lines.
    In the case of Norwegian Air Shuttle, while not under the governments protective wing.
    Gotten too big to allow it to perish.

    Part of its rescue, including doubling amount of shares that resulted in a hard drop in its shares prices.
    Dropping its price to roughly 0,2USD per share.
    Bought 250k shares for roughly 52k. Today at opening on the stock exchange I sold the whole lot @ 0,46 for 117k.
    This pandemic is just the best!

    Enough chicken tendies for the rest of your life!

    Quote Originally Posted by mewninn View Post
    nordstern, pls stop
    can't stop, won't stop
    "Holy shit, I ask you to stop being autistic and you debate what autistic is." - spasm
    Quote Originally Posted by Larkonis Trassler View Post
    WTF I hate white people now...
    Johns Hopkins CSSE COVID-19 Dashboard

  5. #1685
    Donor Aea's Avatar
    Join Date
    April 13, 2011
    Location
    Colorado
    Posts
    14,549
    Quote Originally Posted by Nordstern View Post
    If you bought Macy's when it was low, you are doing very well. If you didn't buy Macy's, you still can. I think it has plenty of upside potential.

    Currently I have a 54% return on that one stock.

    I personally would stay the fuck away from retail. My biggest gains have been with marijuana stocks followed by green energy.

  6. #1686
    Donor Spaztick's Avatar
    Join Date
    April 10, 2011
    Location
    No Longer up High Sierra's Ass
    Posts
    10,575
    Quote Originally Posted by Nordstern View Post
    can't stop, won't stop



  7. #1687

    Join Date
    November 5, 2011
    Posts
    13,628
    Can't wait for the silence after it all goes tits up.

  8. #1688
    VARRAKK's Avatar
    Join Date
    September 27, 2011
    Location
    Sweden
    Posts
    6,814
    Quote Originally Posted by Aea View Post
    Quote Originally Posted by Nordstern View Post
    If you bought Macy's when it was low, you are doing very well. If you didn't buy Macy's, you still can. I think it has plenty of upside potential.

    Currently I have a 54% return on that one stock.

    I personally would stay the fuck away from retail. My biggest gains have been with marijuana stocks followed by green energy.
    He is not wrong, as more cities/states/countries open up, it is retails time to recover lost value.
    But second wave will be coming, probably sooner than later so expect it all to enter dumpster fire values again shortly

    If you have a 54% gain so far, sell the fuck out and look/wait for the next climber.
    I don't know this market well enough to advise how long you can sit on it.
    Growth isn't exponential, the moment you see it starting to slow down is the moment sell.

    Why is it called earth, when it is mostly water???

  9. #1689
    Keckers's Avatar
    Join Date
    July 31, 2012
    Posts
    21,647
    Every stock is now a cult stock
    Look, the wages you withheld from the workmen who mowed your fields are crying out against you. The cries of the harvesters have reached the ears of the Lord of Hosts. You have lived on earth in luxury and self-indulgence. You have fattened yourselves for slaughter.

  10. #1690
    VARRAKK's Avatar
    Join Date
    September 27, 2011
    Location
    Sweden
    Posts
    6,814
    Has nothing to do with cult stocks, and everything with thinking outside the box when looking for companies that have been dumpstered by the pandemic.

    Find them, watch them. And buy in at the right time. Keep your exposure as short as possible.
    Why is it called earth, when it is mostly water???

  11. #1691
    Keckers's Avatar
    Join Date
    July 31, 2012
    Posts
    21,647
    I mean in the way everything is decoupled from fundamentals now.
    Look, the wages you withheld from the workmen who mowed your fields are crying out against you. The cries of the harvesters have reached the ears of the Lord of Hosts. You have lived on earth in luxury and self-indulgence. You have fattened yourselves for slaughter.

  12. #1692
    Ski Boot Fortior's Avatar
    Join Date
    April 11, 2011
    Posts
    2,937
    Quote Originally Posted by Keckers View Post
    I mean in the way everything is decoupled from fundamentals now.
    Don’t worry, it’s all already priced into the market!

    Thisisfine.jpg
    Real men pvp in barges.

    Quote Originally Posted by Amantus View Post
    good to see that Fortior seems like a decent bloke and isn't a gay fat faggot nerd despite his pony avatar

  13. #1693
    The Pube Whisperer Maximillian's Avatar
    Join Date
    April 10, 2011
    Location
    Sydney
    Posts
    4,076
    Actually the logic is simple - Governments have just poured trillions of dollars into the economy as emergency stimulus, and like all the other stimulus, QE and deficit spending, it mostly goes towards keeping the asset bubbles inflated.

  14. #1694
    Movember 2011Movember 2012 Nordstern's Avatar
    Join Date
    April 10, 2011
    Posts
    11,659
    I discussed it with my father, and I decided to place a stop order. So we shall see what happens.
    "Holy shit, I ask you to stop being autistic and you debate what autistic is." - spasm
    Quote Originally Posted by Larkonis Trassler View Post
    WTF I hate white people now...
    Johns Hopkins CSSE COVID-19 Dashboard

  15. #1695

    Join Date
    May 31, 2011
    Posts
    5,148
    Quote Originally Posted by Keckers View Post
    The 'IP' of an airline is the list of pilots it employs and maybe the flight routes.
    Technically speaking, it's the airport slots which are quite valuable. And yes, connecting those than make the flight routes.

  16. #1696
    Lief Siddhe's Avatar
    Join Date
    April 15, 2011
    Location
    Zagreb, Croatia
    Posts
    7,602
    I was somewhere around Old Man Star, on the edge of Essence, when drugs began to take hold.

  17. #1697
    Movember 2011Movember 2012 Nordstern's Avatar
    Join Date
    April 10, 2011
    Posts
    11,659
    Quote Originally Posted by Nordstern View Post
    I discussed it with my father, and I decided to place a stop order. So we shall see what happens.
    Aaaannnnd it executed.
    "Holy shit, I ask you to stop being autistic and you debate what autistic is." - spasm
    Quote Originally Posted by Larkonis Trassler View Post
    WTF I hate white people now...
    Johns Hopkins CSSE COVID-19 Dashboard

  18. #1698
    Movember 2011Movember 2012 Nordstern's Avatar
    Join Date
    April 10, 2011
    Posts
    11,659
    GNUS out of nowhere
    "Holy shit, I ask you to stop being autistic and you debate what autistic is." - spasm
    Quote Originally Posted by Larkonis Trassler View Post
    WTF I hate white people now...
    Johns Hopkins CSSE COVID-19 Dashboard

  19. #1699
    Lief Siddhe's Avatar
    Join Date
    April 15, 2011
    Location
    Zagreb, Croatia
    Posts
    7,602
    I was somewhere around Old Man Star, on the edge of Essence, when drugs began to take hold.

  20. #1700
    Movember 2011Movember 2012 Nordstern's Avatar
    Join Date
    April 10, 2011
    Posts
    11,659


    https://www.washingtonpost.com/busin...source=twitter

    When the U.S. government’s official jobs report for May came out on Friday, it included a note at the bottom saying there had been a major “error” indicating that the unemployment rate likely should be higher than the widely reported 13.3 percent rate.

    The special note said that if this “misclassification error” had not occurred, the “overall unemployment rate would have been about 3 percentage points higher than reported,” meaning the unemployment rate would be about 16.3 percent for May. But that would still be an improvement from an unemployment rate of about 19.7 percent for April, applying the same standards.

    The Bureau of Labor Statistics, the agency that puts out the monthly jobs reports, said it was working to fix the problem.

    “BLS and the Census Bureau are investigating why this misclassification error continues to occur and are taking additional steps to address the issue,” said a note at the bottom of the Bureau of Labor Statistics report.
    Sold all my stocks on Friday, just have the ETFs left.
    "Holy shit, I ask you to stop being autistic and you debate what autistic is." - spasm
    Quote Originally Posted by Larkonis Trassler View Post
    WTF I hate white people now...
    Johns Hopkins CSSE COVID-19 Dashboard

Bookmarks

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •