QuackerSmacker
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Posts posted by QuackerSmacker
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10 hours ago, Erik88 said:
I do wish I had bought more back when it was dirt cheap. Going forward, I'll do a better job about buying more consistently. I'm glad I consolidated calibers a while back. I would like to ditch .380 someday but my wife likes her little Sig.
Check out Federal Personal Defense Hydra-Shok Deep in .380. Brand new, extremely hard to find though I did score 80 rounds from SGAmmo. The only .380 ammo that exceeds the FBI's 12-inch penetration test. This ammo will give new viability to the .380 caliber.
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3 hours ago, hipower said:
Gotten almost exactly 4 years each out of consecutive GE washers. Last purchase was a Maytag. It runs like a rod is about to come thru it. But only on the Hot cycle. On Cold... it's ok.
So.......run on cold and fogedddabbouttitt? That's what I'd do, FWIW. Today's best detergents don't care about temp.
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41 minutes ago, tercel89 said:
I handled one. I noticed that the ejector was loose. It was loose enough to wiggle side to side. I had an older Shield that did the same thing. Does anyone know why this is ?
They need some wiggle room to accommodate subtle differences between cartridges and the effect of heat.
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3 hours ago, i1afli said:
That bear’s not a very good hunter...it just kept grabbing the back of the boar’s neck. A big cat would have gone right for the throat and choked him out.
Except that's down near the tusks. I'd say the bear was smart about that. He didn't get his own throat ripped out.
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But wait! There's more!
Under the new rules that the House adopted a few weeks ago all references to sexual identity are banned!
https://www.mcclatchydc.com/news/politics-government/article248264460.html
The bill refers to transfers between aunts & uncles to nephews & nieces! No can do! They're gonna have fun figuring out how to make that language gender neutral. What a pathetic joke. In sooooo many ways.
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49 minutes ago, Erik88 said:
I want to like Buddy's. I'm just always disappointed with what I get. How's that Full Service in Maryville? The one in West Knoxville is good.
Maryville Full Service is now great. I say "now" because IMHO they went through a stretch of several months about a year ago where the meat seemed dried out. That changed, probably a new chef I'm guessing, and now all is very well.
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The company execs cashed in BIG:
https://www.cbsnews.com/news/reddit-stocks-wallstreet-bets-executive-payday/
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Every single one of the new restrictions on the little guy's ability to trade is designed to protect the hedge funds against the "swarm" of little guys, disguised as protecting the little guy. This is corrupt at its core.
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8 hours ago, GlockSpock said:
Shorting - Lets say I let you borrow my 100 shares of stock. It's currently worth $10.00/share. So that's worth $1,000. As soon as you gain possession of my stock, you sell it. You have $1,000. Tomorrow the stock goes down and it's only worth $5/share so $500. You buy back 100 shares and pay them back to me. You pocket $500, I get my 100 shares back. That's essentially a short.
You get screwed when you borrow my 100 shares at $10.00/share, you sell them, and then the next day the stock is worth $50.00/share. Now, you could wait a while (if I'm willing) to purchase the stock to pay me back. But if I demand it back, that's called a margin call. Now you have to spend $5,000 to buy back the shares to pay me back. You just lost $4,000 and have no shares. I have my shares.
Here's how I used to explain shorting to my customers. Let's say you own a store that sells tires. At 11:00am you get a call from a customer asking if he can buy from you 4 new tires at X price. X is $800
You say "Yes of course! But we're busy until 2:00. Can you come in then?" He says yes.
You don't have those tires. You call your tire buddy competitor and tell him you need those tires. He quotes you $600 for immediate pickup.
You have just shorted the tires, hoping you could buy them cheaper, and you did, in this case. If the best you could do was to buy at $900, you lost.
It's really that simple. You can sell something that you don't have.
Hope that helps. Yeah, it's a little bit more complicated than that in the technical execution of shorting stocks, but that IS the basic concept. Businesses sell products all the time that they may not have in inventory, hoping to "catch up" at a profit. That's short selling.
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Welcome! You're gonna like the smorgasbord of winter weather "all in one day" here a lot more than shoveling that foot of snow in PA!
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The prevailing commentary in the media today really disgusts me. The big concern seems to be that we need to limit, curtail, or shut down the little guy's ability to trade these stocks. It's too risky. He's not supposed to speculate. It's short term. SO WHAT! Everyone can speculate but the little guy?
Nobody ever cared about that until the LITTLE GUY just won BIG!
What a pathetic cave-in to the big money.
The huge, rotten, selfish, corrupt hedge funds finally get their ass kicked, and the regulatory response seems to all be directed at shutting down the little guy to protect them.
What a joke. We'll see how this plays out. It will certainly be interesting, but it will not infect all (or hardly any) of Wall Street and IMHO it has nothing to do with today's general market decline, which was overdue. That's about Biden.
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1 minute ago, QuackerSmacker said:
Absolutely not. These are hedge funds, whose sole function is to trade like bandits, and they do. Cheer on the little guys!
And just to clarify, it's so much easier to kill a company, and then steal the remnants, that to buy in and build it into something. Hence, the shorting. It's just slam, slam, slam, short, short, short, all of which mean sell, sell, sell, whether they actually own it or not, and their goal is to slam, short, sell it into oblivion. In this case, a couple million individual investors decided to stick it to them.
I've been in this for 45 years. This is SO refreshing to see!
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9 minutes ago, Chucktshoes said:
Sooo....were these firms in charge of anyone’s pension fund?
Absolutely not. These are hedge funds, whose sole function is to trade like bandits, and they do. Cheer on the little guys!
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1 hour ago, MacGyver said:
NASDAQ’s CEO has suggested they might halt trading to allow funds to “recalibrate their positions.”
When 2008 happened, it was the taxpayer that bailed (most of) them out.
This is another verse to that same song.
Here's why I'd love to be a GME top executive at $300+ rather than $2 or $20.
1. We are not going to bail out the hedge funds, period. This is a tiny tiny fraction of the 2008 problem. That was ALL of Wall Street and the financial system. There is no popular sympathy for a handful of hedge funds which specialize in killing companies.
2. Litigation avoidance. Anyone who is still a long shareholder and was previously dissatisfied with management has now lost his claim might now come out verrrrry profitably.
3. Executive stock options. If I'm an exec and had company stock options at $40, I have not been happy for a long time. Now I'm happy, assuming my options are vested and I am free to sell (which company counsel may or may not have blessed. Some counsel would, some wouldn't)
4. Opportunity to sell existing stock owned. (assuming not in a restricted "quiet period.")
5. Everyone has now heard of the company. Great time to announce new products, services, and anything positive.
6. Part of executive bonus plans often encompass the average price of the stock during a quarter. That's gonna be HIGH.
7. All of this attention may enable the company to do a stock offering to raise funds for......whatever.
That's just a quick rundown of reasons why it's great to be an exec of GME at this time. I'm sure there are more.
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2 hours ago, MacGyver said:
I'd sure hate to be in management at GameStop or AMC right now.
You're kidding, right? If I'm in management at GME I'd sure rather see my stock at $300+ than at $2, for too many reasons to possibly mention. And if you're way up on the ladder you can probably pull off a book deal down the road.
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Life member of NRA, 2AF, and here. Also a member of Illinois Carry, and SASS (Lt. John Dunbar)
Just signed up for TFA, GOA and FPC.
Thanks for the inspiration, Guys! Not much to feel good about right now, but this DOES feel good!
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1 hour ago, MacGyver said:
In which case you can expand that rule past Bitcoin to all sorts of projects that’ll immediately begin to accrue technical debt.
Not sure what you mean by "technical debt."
Here's what Wikipedia has to say about it: PLEASE TELL ME THERE'S A MORE SIMPLE DEFINITION !! ???
Technical debt (also known as design debt[1] or code debt, but can be also related to other technical endeavors) is a concept in software development that reflects the implied cost of additional rework caused by choosing an easy (limited) solution now instead of using a better approach that would take longer.[2]
As with monetary debt,[3] if technical debt is not repaid, it can accumulate 'interest', making it harder to implement changes. Unaddressed technical debt increases software entropy. Similarly to monetary debt, technical debt is not necessarily a bad thing, and sometimes (e.g., as a proof-of-concept) is required to move projects forward. On the other hand, some experts claim that the "technical debt" metaphor tends to minimize the impact, which results in insufficient prioritization of the necessary work to correct it.[4][5]
As a change is started on a codebase, there is often the need to make other coordinated changes in other parts of the codebase or documentation. Changes required that are not completed are considered debt, and until paid, will incur interest on top of interest, making it cumbersome to build a project. Although the term is used in software development primarily, it can also be applied to other professions.
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2 hours ago, gregintenn said:
You cashed out?
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Here's what you want to buy. These are my best ideas after retiring from 40+ years of this stuff. I'm not going to elaborate on any of these, just Google them, then decide. You're on your own, because you're not paying me a dime!
ATOM
CRLBF
EXPI
FAN Wind energy. Imagine that.
GDXJ
GLD
ICLN
LIT
NIO
RIOT ***Buy, but at this point not much! It's a pure Bitcoin play. They make Bitcoins. Buy a little bit, if Bitcoin goes nuts, you're golden.
SLV
SILJ
SPXU is a 3X ETF on the downside moving value of the S&P500. Important to have as a hedge.
TAN Solar energy. Imagine that.
That is all. Good luck everyone!
Oh, and TSLA. It's probably the best play out there. I just can't bring myself to pay that kind of valuation. But I'm probably making a huge mistake. This may be one of the most world class companies of all time.
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1 hour ago, gregintenn said:
You cashed out?
Mostly. Being kinda greedy right now. That's probably not extremely smart.
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1 minute ago, gregintenn said:
You cashed out?
Mostly. Being kinda greedy right now. That's probably not extremely smart.
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Sounds like a few grumpy bitcoin missers around here. If you'd been on the train you'd have a lot of $$$. I caught the train, made a serious multiple, and don't intend to take the train back the other way, FWIW. It is a bit like the tulip mania a few centuries ago. It's all about the timing, and it doesn't even have to be real. If you cash out though, that's real. There are a lot of governments, regulators, and taxing entities that are drooling about bitcoin even more than greedy "skies the limit" pseudo-investors. Not to mention hackers.
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SOLD - REDUCED - Rossi Model 92 Lever-action .38/.357 16" barrel - Murfreesboro
in Firearms Classifieds
Posted
PM Sent