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Finance Thread

Discussion in 'Permanent Threads' started by ryrob, Oct 21, 2009.

  1. Evolution

    Evolution
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    Disturbed

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    You should definitely still get the vaccine. There’s a chance that it could confer longer lasted immunity than just getting sick alone due to how it works. There’s also the chance (though small) that people get false positives and think they have immunity when they grabbed another bug instead, so better safe than sorry. You may or may not have a shittier time with the first dose though- not sure there’s been as many studies done there.
     
  2. toytoy88

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    Alone in the dark, drooling on himself

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    Kind of interesting: The past few days there's been numerous reports coming out that the premium on 1000oz silver bars has risen from .20 to .80-1.00 over spot...and even at that premium wholesalers are having difficulty obtaining it.
     
  3. toytoy88

    toytoy88
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    Alone in the dark, drooling on himself

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    SLV amended their prospectus because they may not be able to back their shares with physical.

    https://www.reddit.com/r/wallstreetbets/comments/ljmwyt/slv_broke/

    Also the international silver market opens in about half an hour, it could be a very interesting day since the US market won't open until Tuesday. I saw someone post some early indicators that they said showed the London market preparing for large moves with silver today.
     
  4. toytoy88

    toytoy88
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    Alone in the dark, drooling on himself

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    Interesting indeed.

    price.PNG
     
  5. Revengeofthenerds

    Revengeofthenerds
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    ER Frequent Flyer Platinum Member

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    Feel bad about it but I put in $100 on $TRCH this morning. Basically "I gotta deal with this shit, it might as well have the potential to entertain me as well."

    If I lose that money I don't care, but it would be fun to check back in a few days and see what way my $4.39/share went.
     
  6. toytoy88

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    Fucking silver is a wild ride. Last night at 9 pm it was +47 and above $28. This morning I woke up and it was -53. Within minutes it rebounded to +5. It finally closed -20 at $27.32.
     
  7. Revengeofthenerds

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  8. Nettdata

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    Mr. Toast

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    I like it. I wonder how they'll turn it on him and go after him, instead of the hedge funds.

    Here's hoping that applaud him and don't fuck the little guy over.
     
  9. Revengeofthenerds

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    Melvin Capital

    RobinHood testimony

    My guess would be that they let DFV go because they realize he's worthless to them. Also, he actually said "I like the stock."
     
  10. mazian

    mazian
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    Experienced Idiot

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    Can anyone recommend some reading material, a book preferably, that gives a good introduction to the stock market? Not looking for a "here's the strategy" book, more of a "here's how the machine works and these are the buttons" kind of thing.
    Want to read something that's not work-related and this is an area that has been neglected too long.
     
  11. GcDiaz

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    A good Series 7 textbook will serve you right, and give you the actual, accurate explanation for what "shorting" GME actually entailed.
     
  12. Dcc001

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    New Bitch On Top

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    Apologies if someone has already linked this, but an article regarding the GameStop hearings contains this quote:

    It was, at this moment, that Keith deeply regretted the moniker he used back in '09 to create his Reddit account.

    Link to article:
    https://www.msn.com/en-ca/money/sav...stop-stock-market-saga/ar-BB1dNIFH?li=AAggNb9

    The fact that they're mad random Reddit users and not, you know, Wall Street drives me fucking nuts.
     
  13. Aetius

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    Michael Lewis's books are able to make very boring topics entertaining and engaging, I would start there.
    • Liar's Poker (1989) - About Lewis's time in Solomon Brothers
    • The Big Short (2010) - About the 2007 financial crisis
    • Flash Boys (2014) - About high frequency trading and dark pools

    Non-finance, but Moneyball and The Fifth Risk are also very good.
     
  14. Nettdata

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    Mr. Toast

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    Nah, he doubled down. The pic of him on the live stream... with the cat "hang in there" poster in the background, with the red headband hanging off of it... and him saying "I just like the stock".

    Dude is a hero right now on WSB.
     
  15. Nettdata

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    Mr. Toast

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  16. Nettdata

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    Mr. Toast

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  17. Juice

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    He’s literally the only person in ages that I’ve seen provide straight answers to “Yes or No” questions during Congressional testimony.
     
  18. Nettdata

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    Mr. Toast

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    Rep. Bill H. "Answer my question, yes or no, would you buy the stock?"
    DFV: "YES."


    He likes the stock.
     
  19. Juice

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    Yep. WSB is going absolutely apeshit over it.
     
  20. Nettdata

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    Mr. Toast

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