"Payback is gonna be fun"
Not enough payback on the planet for techstrategy to break even.
Hilarious that techstrategy would call anyone else a BS artist.
"Dem governor wont work with GE Corp Headquarters to stay in Fairfield"
You mean the governor won't give them a handout?
"and with the election about 3 months away.....
No real reason for the markets to fall hard."
Buzz, there is at least a recent history of markets having a rough time prior to elections with no incumbent. 2008. 2000. It even took a spill in the summer of 1988, as hot as that economy was. Can point to other circumstances, always. But supposedly markets don't like uncertainty, so it makes sense there'd be jitters before this kind of vote.
"Wonder if Yahoo realizes how many people only use their finace site due to MB?"
Excluding the 'ultimate' team, maybe it's not that many. Never see posts by women and that's half the population right there.
I share everyone's view on this change. But I also shared it the last time they changed the message board format a decade or so ago, and that whole hysteria blew over. I can't stand any aspect of the new Yahoo Finance, but I think it might be designed for mobile users and that's probably not a bad priority for them.
"You're probably right, but this drop today had nothing to do with retail, you would have thought a lot of retail got scared out when the drop from $36 to $18 happened."
Everything to do with retail, imo. They did not get scared out on the drop, they tripled down on the 'bargain'.
For whatever reason, retail is prepared to ride this one to the graveyard.
"Has nothing to do with the actual financial state of the company right now and everything to do with left announcing his short position. He will be proven wrong this time."
Has everything to do with the same thing you didn't learn from your BTU misadventure. When retail is infatuated with a stock as it is with VRX, the direction will remain down.
""Equal opportunity, and therefore real competition, would be a nightmare for the people you're talking to."
Bj, I don't think Donald Trump would have done so well if everybody starts with $30 million or Rush Limbaugh would've done so well if everyone's dad co-owned a radio station.
Yahoo Finance is populated almost entirely of white males born into a stream that had some money, decent schools, access to their parents' contacts, and a near-guarantee that they would live at least a middle class life. And for the most part, didn't do that much with this edge. Think below average pro basketball players before the leagues were integrated. Not exactly people who want to see barriers broken down.
"equality of opportunity, which in turn maximizes human potential. Obvious, no?"
Equal opportunity, and therefore real competition, would be a nightmare for the people you're talking to.
"Does the 3-day rule apply to circumstances like Brexit? I have given it 6 days to be safe."
Not sure anyone can say because we don't get a lot of circumstances like Brexit, do we? A true macro shock where one day things look a certain way and the next they look very different. 9/11 was 5 days.
In a larger contrarian sense, obviously I like Britain and Brazil right now. Particularly the latter.
"For the record, the vast majority of baby boomers are under 65 - the oldest boomers are about 70 and the youngest about 54, give or take. I'll check it, but I think the millenials are comparable in size, maybe bigger..."
All true, stb. But all we really need is this: the median age is 38. So not only is the majority of the population *not* over 65, it's not even over 38.
"Both are heavily short the SPY. July we crash."
What are the chances we don't crash in July and you disappear from this board like pretty much everyone else who showed up guaranteeing a crash?
"When Trump says 45% tariffs, it's a negotiating tactic. Trump doesn't start with the offer he is willing to accept. Obama doesn't understand negotiating. That's why America has received the raw end of every deal. Trump would have made a much better deal against Iran."
Impressed how many false narratives you can pack into one short paragraph.
Happy to comply, but I was agreeing with you. Even if they weren't managing the business, buying shares in the 30s and selling them at 14 is just bad stock trading by them, by any benchmark.
"Kyle Bass says otherwise."
The last time people showed up here quoting Kyle Bass, it was an epic disaster for the bears. There's a bearish case to be made for sure, but 'Well Kyle says...' is a pretty dicey one.
"Just curious -- what's the reason why gaps are almost always filled? Is it just because the market will randomly, someday get back to that price gap, or is there a concerted or involuntary effort to fill it?"
It might be a certain amount of voodoo. I think the Dow has unfilled gaps dating back to the 1930s. But the legitimate case is that a gap at the open usually reflects an emotional state as opposed to a rational one: "Get me out/in!" So once the emotion dies down, the pre-existing reality sets back in and and the market finds its way to the original level.
"But worse than that, they were buying their own stock back hand over fist in 2015 and earlier at prices TWO TO THREE TIMES HIGHER than their recent fire sale offering at $14 per share. In Business 101, that is called a FAIL."
Also a fail in stock trading 101.