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Completely Unwoven: Business, Economics, and Tax Policy 4.0

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  • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Originally posted by St. Clown View Post
    Are they making the market on that stock? For stocks that aren't NASDAQ, NYSE, etc. traded, or nearly all penny stocks, a broker will have to make a market and will charge a premium rate to do that. If not, you might want to look into a new broker.
    So they came back with a detailed answer. The figure is not 50% of the value of the trade as originally stated...but rather 50% of the value of the trade divided by 350 per day held. In essence, they say they need a sort of an insurance on the trade. Still all sounds very suspicious. But have made good money off the Friday and today trade. Will investigate further with friends in the business. WF still appears to be struggling with service.
    Go Gophers!

    Comment


    • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

      Or, it's trying to prevent morons from playing with the big boys and sustaining life-altering losses. Unless you have a big boy account, they're going to make it as difficult as possible for morons who think they know what they're doing.

      Those requirements go away if you have a big boy account.
      Code:
      As of 9/21/10:         As of 9/13/10:
      College Hockey 6       College Football 0
      BTHC 4                 WCHA FC:  1
      Originally posted by SanTropez
      May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
      Originally posted by bigblue_dl
      I don't even know how to classify magic vagina smoke babies..
      Originally posted by Kepler
      When the giraffes start building radio telescopes they can join too.
      He's probably going to be a superstar but that man has more baggage than North West

      Comment


      • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

        Originally posted by 5mn_Major View Post
        So they came back with a detailed answer. The figure is not 50% of the value of the trade as originally stated...but rather 50% of the value of the trade divided by 350 per day held. In essence, they say they need a sort of an insurance on the trade. Still all sounds very suspicious. But have made good money off the Friday and today trade. Will investigate further with friends in the business. WF still appears to be struggling with service.
        Did you say you were taking a short position? If so, that sounds like they're protecting themselves from failures to pay the margin call. All short sales are performed using margin accounts, and industry thing. How a broker protects themselves from margin call failures will vary.

        I had a friend in college who played AOL's stock on margin. He first took the position in 1998, kept maxing out the margin and buying more AOL as the stock price climbed. The guy's account bloomed to over $1MM. Then by late-1999 the stock started to fall and he had to sell position to make his margin calls. By the time he closed the position he'd made a couple thousand dollars in total. It wasn't a total loss for him, but a far cry from what he was expecting.

        "The internet's the future, and AOL is positioned to only go up and up and up!" Right...
        "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

        "One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir

        "Good news! We have a delivery." Professor Farnsworth

        Comment


        • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

          Originally posted by St. Clown View Post
          Did you say you were taking a short position? If so, that sounds like they're protecting themselves from failures to pay the margin call. All short sales are performed using margin accounts, and industry thing. How a broker protects themselves from margin call failures will vary.

          I had a friend in college who played AOL's stock on margin. He first took the position in 1998, kept maxing out the margin and buying more AOL as the stock price climbed. The guy's account bloomed to over $1MM. Then by late-1999 the stock started to fall and he had to sell position to make his margin calls. By the time he closed the position he'd made a couple thousand dollars in total. It wasn't a total loss for him, but a far cry from what he was expecting.

          "The internet's the future, and AOL is positioned to only go up and up and up!" Right...
          Yeah. During the great recession, I was off the hook. Probably the reason, but it was a decade ago. I'm not too concerned about this one...up over 8% in just over 24 hours of market. And I know this company, its just the beginning.

          I am wearing big boy pants elsewhere in the bank...we'll see what kind of pants the bank chooses in the end.
          Go Gophers!

          Comment


          • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

            Originally posted by 5mn_Major View Post
            Yeah. During the great recession, I was off the hook. Probably the reason, but it was a decade ago. I'm not too concerned about this one...up over 8% in just over 24 hours of market. And I know this company, its just the beginning.

            I am wearing big boy pants elsewhere in the bank...we'll see what kind of pants the bank chooses in the end.
            When I say big boy pants, I don't mean any of us. I'm talking people with tens of millions in liquid assets. Certainly millions as a minimum. I'm not talking about a rinkydink PMA either.
            Code:
            As of 9/21/10:         As of 9/13/10:
            College Hockey 6       College Football 0
            BTHC 4                 WCHA FC:  1
            Originally posted by SanTropez
            May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
            Originally posted by bigblue_dl
            I don't even know how to classify magic vagina smoke babies..
            Originally posted by Kepler
            When the giraffes start building radio telescopes they can join too.
            He's probably going to be a superstar but that man has more baggage than North West

            Comment


            • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

              Originally posted by dxmnkd316 View Post
              When I say big boy pants, I don't mean any of us. I'm talking people with tens of millions in liquid assets. Certainly millions as a minimum. I'm not talking about a rinkydink PMA either.
              Brown Bros. accounts - $5MM in assets before you can even apply to get an account there.
              "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

              "One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir

              "Good news! We have a delivery." Professor Farnsworth

              Comment


              • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                I know my dad has a sizable account with Wells Fargo, plus a mortgage, and a bunch of other stuff that qualifies him for a couple of exclusive perks. Even he couldn't get an options account with some of the extra options trading options. He spent a couple hours trying to call around to get permission and figure out how to enable it on his account. He eventually had some luck, but not exactly what he was looking for. They just don't let individual morons trade with the big boys anymore. Certainly not naked margins or complex options.
                Code:
                As of 9/21/10:         As of 9/13/10:
                College Hockey 6       College Football 0
                BTHC 4                 WCHA FC:  1
                Originally posted by SanTropez
                May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                Originally posted by bigblue_dl
                I don't even know how to classify magic vagina smoke babies..
                Originally posted by Kepler
                When the giraffes start building radio telescopes they can join too.
                He's probably going to be a superstar but that man has more baggage than North West

                Comment


                • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                  Gee, maybe Fred Farmer from rural Iowa should've thought about this before supporting Trump.

                  http://money.cnn.com/2017/02/13/news...&ICID=ref_fark

                  My favorite part is that they're some of the biggest beneficiaries of NAFTA. Too bad the damage will still impact my family since the state coffers will get dinged heavily if this actually comes to pass.
                  Last edited by unofan; 02-14-2017, 10:59 AM.

                  Comment


                  • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                    Originally posted by unofan View Post
                    Gee, maybe Fred Farmer from rural Iowa should've thought about this before supporting Trump.

                    http://money.cnn.com/2017/02/13/news...&ICID=ref_fark

                    My favorite part is that they're some of the biggest beneficiaries of NAFTA. Too bad the damage will still impact my family since the state coffers will get dinged heavily if this actually comes to pass.
                    Gee I wonder if this will get as much attention as Carrier did? I bet not.
                    **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

                    Originally Posted by dropthatpuck-Scooby's a lost cause.
                    Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

                    Comment


                    • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                      http://www.forbes.com/sites/antoineg...-donald-trump/

                      On Friday morning, Kraft Heinz said it has made an unsolicited takeover offer for Anglo/Dutch consumer products giant Unilever, a surprise move that would yield one of the biggest corporate acquisitions in history at a value of around $143 billion.
                      Kraft Heinz is backed by Berkshire Hathaway and it is run by Warren Buffett's favorite deal-making partner, Brazilian private equity firm 3G Capital. Four years ago, Buffett and 3G Capital partnered on a $28 billion takeover of Pittsburgh-based ketchup giant Heinz. Within two years 3G Capital partner Bernardo Hees, Heinz's CEO, oversaw a dramatic improvement in the ketchup-maker's profitability.

                      Through plant closings, job cuts, and a ruthless focus on costs, 3G Capital increased Heinz's earnings before interest, taxes, depreciation and amortization (EBITDA) by 35% to $2.8 billion, or 800 basis points, in two years' time. Then 3G Capital sets sights on a new target, buying Kraft Foods for nearly $40 billion in March 2015. Again came a steady beat of plant closings, job cuts, and increased profits. In the fourth quarter, Kraft Heinz saw its operating income surge 22% year-over-year, despite a 3.7% decline in net sales and modest 1.6% increase in organic sales.
                      Has Berkshire really just been a bigger and better Bain Capital?
                      Code:
                      As of 9/21/10:         As of 9/13/10:
                      College Hockey 6       College Football 0
                      BTHC 4                 WCHA FC:  1
                      Originally posted by SanTropez
                      May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                      Originally posted by bigblue_dl
                      I don't even know how to classify magic vagina smoke babies..
                      Originally posted by Kepler
                      When the giraffes start building radio telescopes they can join too.
                      He's probably going to be a superstar but that man has more baggage than North West

                      Comment


                      • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                        Originally posted by dxmnkd316 View Post
                        http://www.forbes.com/sites/antoineg...-donald-trump/





                        Has Berkshire really just been a bigger and better Bain Capital?
                        Is that really a surprise to anybody? If a capital/finance company is purchasing a retailer or manufacturer, their sole purpose is to find ways to make it more profitable. They hire specialists to change the menus of restaurants, streamline the distribution logistics of retailer and manufacturers, and find ways to automate as many processes as possible.
                        "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

                        "One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir

                        "Good news! We have a delivery." Professor Farnsworth

                        Comment


                        • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                          Originally posted by St. Clown View Post
                          Is that really a surprise to anybody? If a capital/finance company is purchasing a retailer or manufacturer, their sole purpose is to find ways to make it more profitable. They hire specialists to change the menus of restaurants, streamline the distribution logistics of retailer and manufacturers, and find ways to automate as many processes as possible.
                          So essentially our entire economy is Bain Capital.

                          We can look forward to a day where institutional investors are trillionaires and nobody has a job. Awesome.

                          I actually mean that. I hate working.
                          Cornell University
                          National Champion 1967, 1970
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                          • Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                            Originally posted by Kepler View Post
                            So essentially our entire economy is Bain Capital.

                            We can look forward to a day where institutional investors are trillionaires and nobody has a job. Awesome.

                            I actually mean that. I hate working.
                            So long as small companies try to grow their businesses through IPOs and don't streamline themselves first, then yes.
                            "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

                            "One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir

                            "Good news! We have a delivery." Professor Farnsworth

                            Comment


                            • Originally posted by dxmnkd316 View Post
                              http://www.forbes.com/sites/antoineg...-donald-trump/


                              Has Berkshire really just been a bigger and better Bain Capital?
                              Traditionally, no, because Berkshire traditionally leaves management in place. But I think as it's gotten bigger, it's had to branch out to more deals like the Kraft one just to use its money on hand.

                              Comment


                              • Originally posted by unofan View Post
                                Traditionally, no, because Berkshire traditionally leaves management in place. But I think as it's gotten bigger, it's had to branch out to more deals like the Kraft one just to use its money on hand.
                                That's 3G making those decisions, Berkshire is just putting up the money. It's really the only way that Berkshire can deploy their growing capital as they are just getting too big.

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