QuackerSmacker

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.

The company execs cashed in BIG: https://www.cbsnews.com/news/reddit-stocks-wallstreet-bets-executive-payday/

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.

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.

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!

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.

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!

Absolutely not. These are hedge funds, whose sole function is to trade like bandits, and they do. Cheer on the little guys!

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.

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.

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!

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.

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.

Mostly. Being kinda greedy right now. That's probably not extremely smart.

Mostly. Being kinda greedy right now. That's probably not extremely smart.

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.

David, upon further reflection, I guess if I was in your position and felt the responsibility that you have taken on.....I might see it exactly as you have described. If this was my show I wouldn't want a s**tstorm either. Thanks for doing all that you do for us. It's got to be an immense amount of work.

I understand what you're saying, but I am mystified as to why individuals cannot moderate their own feeds, rather than having that decided for them. Do we need that much protection? If we get that much protection, we don't even know what we just got protected against. It's not a deal killer, I love this site and have had terrific conversations and buys/sales/trades with great guys here.

Merry Christmas and Happy New Year to everyone!!!!!

I might ban them from my house, but I would not presume to ban them from other people's houses. That's the difference.

Color me weird, but I really don't get the whole censorship thing. I do think the mods do a great job, for what they do. I'm sure they've shielded me from things they deemed smart for me not to see. But I don't feel that I need that protection. Any member of this forum can ban/censor any other member, so why not let the fights go on for those that choose to participate? Anyone and everyone can opt out! Why the babysitting? That said, yeah, if some of these discussions turn into crazy threats, etc, fine, do intervention. Short of that, ideas should be able to be freely expressed. Crazy ideas of yesterday are sometimes smart ideas of tomorrow. And vice-versa.

I don't go through any gyrations to minimize my entertainment/news/etc costs. Why people chop chop chop on their costs for cable etc mystifies me. It's great to have lots of choices without having to think about them so hard. Life is good.

Thanks immensely, hipower, for representing all of us so well.

Thanks for those thoughts, Tedro2022. I think that the required training for anything gun-related should be paid for by the state. Yeah, meaning everybody, I guess, but that would eliminate the griping about the cost and , in these crazy days, it would also eliminate all the noise about fees of that type being discriminatory.