Message from @ophiuchus
Discord ID: 500104235673976842
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
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
$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
since close yesterday
Guess I found my answer, but why does it require being halted? Don't other companies just keep trading while getting something reviewed?
@Deleted User yeah that is odd, I thought 99% of trading biotech stocks is to make money during FDA approvals