@Tanner - SC On the plus side, emerging market equities are currently being hit by the strong dollar, rising rates, and trade wars. Good time to buy before the recovery.

@SamanthaM re: currency book, yeah from what I understand 5 trillion are traded on FOREX each day, seems to make sense there'd be lots of opportunities for arbitrage. I use TD Ameritrade I only have access to some main currencies (USD, CAD, GBP, AUD, JPY, EUR, and a few others) but even there that could be good enough. If someone were an institutional investor it seems there's money to be made closing the arbitrage between currencies and currency futures as well, since currency futures have less volume they tend to lag

@Deleted User the federal reserve rose interests rates 😢 @Wood-Ape - OK/MN this is like the 4-th or 5th time they've raised interest rates under Trump, they only did it once under the whole time with Obama, so some people argue that, but I would give it 80% odds that it's just coincidence and not intentional to mess with Trump in particular

Time to short General Motors?
<https://www.bloomberg.com/news/articles/2018-10-11/gm-joins-surge-of-s-p-500-companies-with-boards-at-gender-parity>

Lol yes

Anatomy over quality. Great idea

Wow I'm glad I closed most positions on Tuesday, what a cliff

Are there even any forex accounts that let you trade pretty obscure currency pairs

Like Vietnamese dong, etc

Also if you were considering buying any Chinese equities now wouldn’t be the worst time, don’t expect to hold them forever though. They knocked their reserved requirements recently (signaling that they want the money supply to expand obviously.) That coupled with the pretty low prices rn because of the tariff thing could be interesting in the mid-future range

Also Sears is pretty much kill as of today

Debt holders are trying to force it into bankruptcy, I heard. I guess the settlement they’d get now is probably more than they’d get if they waited for the inevitable implosion?

> short Sears
> value goes to zero
> you now have infinity dollars

>Short sears
>company doesn’t exist at end of period
>no one to give sears shares back to because no shares
>I am sears now

lmao you can still buy Blockbuster stock

>register IE hedge fund
>identitarian value investing and massive hoarding of obscure haypenny stocks

https://finance.yahoo.com/quote/BLIBQ/

now this is what real white men invest in

>beta

>-17

Lmfao wtf

you can buy the entire company for $67,695.20

They haven’t posted a balance sheet or anything since 2011

If this beta is literally -17 I have found the ultimate hedge

By ultimate I mean absolutely haunted

$67,695.20 market cap / 800 IE members = $84.62 per member

EV would be market cap + debt

(And preferred stock but lol)

@Jacob They had lots of Blockbusters in Alaska (Anchorage + suburbs, Juneau and Fairbanks, and towns along the in-betweeh highways) as recent as 2012. I guess they shut down after Alaska finally got high-speed internet.

There's still like 5 in Oregon and Texas

I read about it a few months ago. Apparently there's only 1 left 😢

@Jacob There's a little independent rental place in my small OK town. But it makes most of its money as a furniture rental/sales store. It has always doubled. Strangely!

lol some Danish streaming service bought the rights to the "Blockbuster" name

> IE buys out Blockbuster
> gets royalties from Danish streaming service

This stock has been halted since yesterday, tf?

wat mean

@Deleted User it means the exchange has halted trading on it until further notice. Halting happens sometimes, usually only lasts a few hours. It's usually when a gigantic spike in volume causes something weird to happen like crashing the company. In the mean time you can't buy or sell and shares

No, no I understand halting already

just wondering why its been halted this damn long