- Mar 11, 2013
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- Sara Belle
2005 Weekender 215
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- Mercruiser 5.0 mpi, Bravo III
Celebrating America? Gag me with a spoon please!
- Thread starter Carpediem44DB
- Start date
Woody
Well-Known Member
How could that be, doesn't sound like the same person.
I just read he saved the entire planet when he shut down the XL pipeline. You see the tar sand oil is 'dirty', the pipeline would stimulate activity in Canada tar sands. If their full potential was realized the increased emissions would 'tip the scale' and our planet would die.
Mayve we got a Jekyll & Hyde in the Oval Office,
25th Amendment is needed for sure.We do get lots of illegals but they come in on phony visas from China. Most of them are queue jumpers that don't want to go through regular channels or cannot because they are criminals. But they certainly are not refugees or in any way suffering. They launder their money at casinos, traffic in fentanyl and buy Ferraris and million dollar homes with cash. Occasionally they are caught and sent back but they have really screwed up the real estate market. Locals can't afford a home, now. And we also have a fentanyl crisis with more deaths from drugs than from Covid. But we don't flip out over refugees or immigrants and hate every Chinese because of that.Nothing I said is a lie, what I did do is make a recommendation. It would be a learning experience for you to have a steady flow of illegals pouring into the Vancouver area. It wouldn't take long and you'd be changing your tune.
RBB
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- Dec 18, 2019
- 2,080
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- 2004 480MY
2006 44DB
2019 Sea Doo GTX 155
Pelican Kayak
2004 390 MY Sold
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Cummins QSC 500
Not sure Kamal is what we want.How could that be, doesn't sound like the same person.
I just read he saved the entire planet when he shut down the XL pipeline. You see the tar sand oil is 'dirty', the pipeline would stimulate activity in Canada tar sands. If their full potential was realized the increased emissions would 'tip the scale' and our planet would die.
Mayve we got a Jekyll & Hyde in the Oval Office,
boatman37
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- Jun 6, 2015
- 4,256
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- 2006 Crownline 250CR. 5.7 Merc BIII
Previous: 1986 Sea Ray 250 Sundancer. 260 Merc Alpha 1 Gen 1
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Funny thing is, we fight in these threads but on a boating related thread we are all friends...lol. At least that's how I look at it.
But anyway, just wanted to throw this out there and haven't seen an official link yet but in regards to the whole GME stock thing...I'll post a quick update below:
GME (Gamestop) was a beaten down company with a beaten down stock. It was trading around $3/share a few days ago. I'm an avid stock trader but did not trade this. When you short a stock you borrow shares from your broker and sell them to me (or whoever) for $3/share. When the price drops you pay for the shares you sold at a lower price (say $2/share). That is how you make money shorting.
So big hedge funds were shorting GME. A Reddit user (wallstreetbets) with alot of followers decided to buy GME and drive the price up. The hedge funds were forced to buy back at a higher price but the Reddit guys were buying so many shares there weren't any left to borrow so the price kept going up. Hedge funds were losing millions. Many brokerages put a stop on trading GME and some (Robinhood) actually sold peoples shares without their permission to 'protect' them. Probably sold them to free up shares for the hedge funds to get out. But either way that isn't cool. Furthermore I hear that Robinhood seized funds from some of those that profited from this under direction of the SEC. Surprisingly AOC (Cortez) sided with the little guy and said this needs to be looked into and should be illegal. I agree. Market makers manipulate stocks every day to take money from the little guy. Now that 'David' did it to 'Goliath' it's suddenly wrong. BTW-nobody did anything illegal here or broke any rules.
So now Janet Yellen said they want to hold a hearing on this. Citigroup has put out warnings on the dangers of this. Problem is there are reports that Yellen has spoken at Citigroup several times earning millions on these speeches so there should be a conflict of interest there (have not seen official confirmation of this). Funny thing is there was nothing wrong when hedge funds were doing it but now that the little guy does it there are suddenly shady practices around it.
Just think it is interesting that gov't is now sticking their noses in this to protect their rich buddies.
But anyway, just wanted to throw this out there and haven't seen an official link yet but in regards to the whole GME stock thing...I'll post a quick update below:
GME (Gamestop) was a beaten down company with a beaten down stock. It was trading around $3/share a few days ago. I'm an avid stock trader but did not trade this. When you short a stock you borrow shares from your broker and sell them to me (or whoever) for $3/share. When the price drops you pay for the shares you sold at a lower price (say $2/share). That is how you make money shorting.
So big hedge funds were shorting GME. A Reddit user (wallstreetbets) with alot of followers decided to buy GME and drive the price up. The hedge funds were forced to buy back at a higher price but the Reddit guys were buying so many shares there weren't any left to borrow so the price kept going up. Hedge funds were losing millions. Many brokerages put a stop on trading GME and some (Robinhood) actually sold peoples shares without their permission to 'protect' them. Probably sold them to free up shares for the hedge funds to get out. But either way that isn't cool. Furthermore I hear that Robinhood seized funds from some of those that profited from this under direction of the SEC. Surprisingly AOC (Cortez) sided with the little guy and said this needs to be looked into and should be illegal. I agree. Market makers manipulate stocks every day to take money from the little guy. Now that 'David' did it to 'Goliath' it's suddenly wrong. BTW-nobody did anything illegal here or broke any rules.
So now Janet Yellen said they want to hold a hearing on this. Citigroup has put out warnings on the dangers of this. Problem is there are reports that Yellen has spoken at Citigroup several times earning millions on these speeches so there should be a conflict of interest there (have not seen official confirmation of this). Funny thing is there was nothing wrong when hedge funds were doing it but now that the little guy does it there are suddenly shady practices around it.
Just think it is interesting that gov't is now sticking their noses in this to protect their rich buddies.
Most Canadians hate the tar sands. It's the worst and dirtiest crude on the planet and costs the most to refine. They need $70 a barrel to break even. They have to sell at a $15 discount to West Texas crude so U.S. refineries will even take it. Most major oil companies have pulled out but our crooked government keeps subsidizing the shit for $billions each year and pretending we need it for jobs, along with a ridiculous pipeline to the coast or the XL. Holdout Albertans are even fed up with it all after losing $billions on a sucker's bet. Biden has done the Canadian taxpayers a huge favour.How could that be, doesn't sound like the same person.
I just read he saved the entire planet when he shut down the XL pipeline. You see the tar sand oil is 'dirty', the pipeline would stimulate activity in Canada tar sands. If their full potential was realized the increased emissions would 'tip the scale' and our planet would die.
Mayve we got a Jekyll & Hyde in the Oval Office,
Tell that to the 11,000 US people that are looking for a job coding
It happened with Blackberry and a couple of other stocks, as well. The Wall Street short crowd got their heads handed to them and that is fabulous. Maybe the little guys working in unison have figured out how to beat the algorithms and the arrogant hedge fund pricks at their own game? The little guys bailed crooked Wall Street out in 2008 and this is a bit of payback.
The energy sector is just fine. Fossil fuel companies? That huge sucking sound is them going down the toilet.
RBB
Well-Known Member
- Dec 18, 2019
- 2,080
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- 2004 480MY
2006 44DB
2019 Sea Doo GTX 155
Pelican Kayak
2004 390 MY Sold
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Cummins QSC 500
Won"t happen until battery technology goes way up. But I agree its coming whenever they figure that out. thats going to be 10-15 years in my opinion.
joeyleggz
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- Jan 15, 2013
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boatman37
Well-Known Member
- Jun 6, 2015
- 4,256
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- 2006 Crownline 250CR. 5.7 Merc BIII
Previous: 1986 Sea Ray 250 Sundancer. 260 Merc Alpha 1 Gen 1
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Yeah. One of them is NOK. I had 3 or 4 call contracts the other day and sold all but one. Still holding that one. I also traded AMC last week and made a little on that too. I see there is an investigation of Robinhood about PLTR. Don't know what that is about but I traded PLTR last week too. My step-son has been using Robinhood but after today he is transferring his funds to TastyTrade. I use TD Ameritrade (thinkorswim). They have their issues too but they have the best charting by far.
Oh, and Nancy Pelosi is being looked into for her trading. In December she bought 25 call options in TSLA and a few other stocks. Not sure if there were any ethical violations but I would think a person in her position should be restricted from trading. Having inside information on news or upcoming changes would definitely qualify as insider trading in my opinion.
https://finance.yahoo.com/news/nancy-pelosi-recent-stock-purchase-173817407.html
Like x 1000
Exactly. My kid leaves for college tomorrow. My buddy bot an electric car. I said "lets see if your car can take us down there." It can't. Have to stop half way to charge up. Turns a 4 hour drive into 5 hrs. No thanks. We'll take the Hemi.
Here's the thing. Why would anyone short a $3 stock? I can make more flipping burgers at McDonalds without the risk.
boatman37
Well-Known Member
- Jun 6, 2015
- 4,256
- Boat Info
- 2006 Crownline 250CR. 5.7 Merc BIII
Previous: 1986 Sea Ray 250 Sundancer. 260 Merc Alpha 1 Gen 1
- Engines
- 5.7 Merc BIII
Not when you suspect the $3 stock company will go bankrupt. Even if it drops to $2 if you are a hedge fund manager with 1,000,000 shares that is $1,000,000 profit.
It was the big dogs shorting that. I'm sure there were some small timers shorting too but that wasn't their target. But even though, a small guy like me shorts 1000 shares (sold for $3000) and buy it back at $2 ($2000) at the end of the day that is a pretty good day.
It was the big dogs shorting that. I'm sure there were some small timers shorting too but that wasn't their target. But even though, a small guy like me shorts 1000 shares (sold for $3000) and buy it back at $2 ($2000) at the end of the day that is a pretty good day.
Timeflys
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- Dec 7, 2013
- 736
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2002 Sundancer 360
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“Most Canadians hate the tar sands.””Biden has done the Canadian taxpayers a huge favour.”
Most Canadians don’t realize s!€t. We have a drama teacher pm that still leads in popularity, paints rosy pictures of the country, Canada is back bs, while failing every major election promise, has become a laughing stock on the world stage while driving the economy to a point of no return. We now have a yearly deficit that is almost 50% of the country’s debt for the last 150 years. He has been talking green jobs and clean tech for the last 5 years, with nothing no tangible results, while doing everything he can to drive away the one industry which puts the most $$$$ in the federal treasury. We are living on borrowed time now, imo.
And Canadians still have his smug attitude that they think they are better than everybody else, because Trudeau keeps reinforcing it. You know ...“We’re Canadian, eh”
So outside when it’s -20f, how does our economy run?? By buying dirty oil from Saudi....you know the bastion of human rights. We have to transport that oil half way around the world in green house gas producing supertankers.
Maybe Canadians should read this:
“As the fifth-largest producer of natural gas and the sixth-largest producer of oil in the world, Canada has the opportunity to provide responsibly produced oil and natural gas to meet demand while driving job creation and economic growth here at home.
Canadian oil and natural gas provided $110 billion to Canada’s gross domestic product (GDP) in 2019, supported almost 550,000 jobs across the country in 2018 and provided $10 billion in average annual revenue to governments for the period 2017 to 2019. This revenue helps pay for roads, school and hospitals.
Over the next 10 years, the oil sands industry is expected to pay an estimated $17 billion in provincial and federal taxes – including royalties (Canadian Oil Sands Supply Costs and Development Projects, 2019 – 2029, CERI)
In addition to paying significant royalties and taxes, the oil sands industry is a major employer. In 2018, the oil sands supported and created almost 215,000 direct and indirect jobs across Canada.”
Almost every region in Canada has benefitted from oil sands development through job creation and economic activity.
And how is our sock boy pm handling the country during the pandemic??
https://www.macleans.ca/opinion/the...f_QXlU8FVVsWy8_sRbl2Yb8xk0sxUoL8CuT87KoMlLecI
Most Canadians don’t realize s!€t. We have a drama teacher pm that still leads in popularity, paints rosy pictures of the country, Canada is back bs, while failing every major election promise, has become a laughing stock on the world stage while driving the economy to a point of no return. We now have a yearly deficit that is almost 50% of the country’s debt for the last 150 years. He has been talking green jobs and clean tech for the last 5 years, with nothing no tangible results, while doing everything he can to drive away the one industry which puts the most $$$$ in the federal treasury. We are living on borrowed time now, imo.
And Canadians still have his smug attitude that they think they are better than everybody else, because Trudeau keeps reinforcing it. You know ...“We’re Canadian, eh”
So outside when it’s -20f, how does our economy run?? By buying dirty oil from Saudi....you know the bastion of human rights. We have to transport that oil half way around the world in green house gas producing supertankers.
Maybe Canadians should read this:
“As the fifth-largest producer of natural gas and the sixth-largest producer of oil in the world, Canada has the opportunity to provide responsibly produced oil and natural gas to meet demand while driving job creation and economic growth here at home.
Canadian oil and natural gas provided $110 billion to Canada’s gross domestic product (GDP) in 2019, supported almost 550,000 jobs across the country in 2018 and provided $10 billion in average annual revenue to governments for the period 2017 to 2019. This revenue helps pay for roads, school and hospitals.
Over the next 10 years, the oil sands industry is expected to pay an estimated $17 billion in provincial and federal taxes – including royalties (Canadian Oil Sands Supply Costs and Development Projects, 2019 – 2029, CERI)
In addition to paying significant royalties and taxes, the oil sands industry is a major employer. In 2018, the oil sands supported and created almost 215,000 direct and indirect jobs across Canada.”
Almost every region in Canada has benefitted from oil sands development through job creation and economic activity.
And how is our sock boy pm handling the country during the pandemic??
https://www.macleans.ca/opinion/the...f_QXlU8FVVsWy8_sRbl2Yb8xk0sxUoL8CuT87KoMlLecI
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You're probably right because GM just announced that by 2035 they will no longer produce internal combustion engines. That date may move up. Other manufacturers have made similar announcements with earlier effective dates. There have been major advances in battery technology and that will continue.