Stocks

[brehme1989]

Nexo is bailing Celsius out. At least they'll try.

 

[Adriano@10]

Nexo is bailing Celsius out. At least they'll try.

I doubt they have the fiat to it also they said they are only interested in certain of their loans. Also with nexo having the same BM and being even less regulated i m not sure how they could better handle the problematic assets... Only difference being that the nexo token still has some credibility so it be easier for them to handle outflows.

One more thing we have not discussd yet is that three arrow capital also seems to be on the brink of collapse.....
I know this is tragic but i just find it funny as i love to see People like Zuh Su and Dokwon getting fucked.. They ve all behaved like smug pieces of shit for the last couple of years and deserve everything that is coming their way.


Also i m really annoyed by that whole the fed wants a recession and biden wants a recession talk. You fuckers inflation is at 8% wtf should they do keep intrest at 0% and see this bubble get inflated more? There is no way out of this that is not painful but if we keep on dragging it out which some would argue we ve done since 08( i dont fully agree with that view) it s just gonna get more and more painful and maybe by the time shit hits the fan the FED wont be able to do anything to mitigate the impact any more is that really what we want?
Sadly those voices are getting louder by the day lets hope the fed does what it s supposed to and does not back down under pressure.

75bps hike looks like the fede is taking this serious after not doing shit for way to long.

 

[Adriano@10]

I just wanna thank the idiots who thought it would be great to pump up markets right before a fed decision and keeping them up after the rate hike was announced.......
Like what the hell were these guys thinking?

 

[Adriano@10]

FUCKING Hell getting raped today shorts rallying and the few longs i have left are getting whacked...
To top it all off OCO had to stop the drilling on their copper project cause the fucken sinalo cartel and the Mexican army are in a battle near by.......


Also in other news i told you guys that somebody would step in to stop the bleeding in the crypto market in comes SBF/ftx and who apparently bailed out the whole sector....

In other crypto news fromer luna employees are angry that their not allowed to leave south korea maybe dont work for a ponzi next time.

Last but not least Paolo and tether once again promised an audit coming this time form one of the top 12 audit companies according to paolo ofcourse he ended with i believe. Also top 12? Makes me wonder who paolo thinks is number 12...

 

[Pimpin]

things may get ugly near Europe, keep an eye on Tunisia and Algeria..

 

[Adriano@10]

LOL markets absolutely wild this week,, huge swings and commodities joining the party...
Extremely hard to trade this market...
I m still mostly out of it with the exception of Shorts and some oil/energy and copper exposure...
But i have to say that i m caught wrong footed in oil and did not expect that hard of a sell of...
For me fundamentals still look like the price will stay elevated 100usd+ for some time so i m not selling yet but i might be very wrong....
Like i said before not an oil or commodity expert....

 

[brehme1989]

my kind of swings are:
markets down -15%
markets up 0.8%

 

[crzdcolombian]

my kind of swings are:
markets down -15%
markets up 0.8%

haha my broker called me to be like hey you are only down 11% I am doing a great job.......

like thanks

 

[Adriano@10]

LOL so now it s official elon trying to bail on a binding legal document he signed.....First off i fully expected this dude just wanted a reason to cash out of tesla
Gonna be interesting to see if the courts finally hold him responsible and if he finally has to follow the law, Twtr surely brought out the big boys with wachtell..
Imho it s quite obvious that he is liable after reading the agreement he signed, but again not a lawyer, but the few opinions from lawyers i ve read it seems like he ll have a hard time getting out of this.

Also i m hearing a lot of inflation is tamed talk and CPIs will show it, Imho thats way to fing early to tell. Even if CPI s will come down a bit on the short term imho we re not close to being over the hill unless we re heading for a massive recession......
Just my two cents i d be cautious with such predictions and there are a lot of people confidently screaming inflation is over atm....

Edit: thing that is making me go hmmmm right now are oil prices.... while them swinging between 100 and 120 was kind of expected the fast and havy sell of these last two weeks were not....

 

[crzdcolombian]

Well I wouldn’t want to pay 30-40% more per share for a company that doesn’t make money haha

I think his reason for not wanting it is valid. How many of those accounts aren’t bots and are actually real.

At my old job we would buy companies and when looking at their financials we would pull out.

Either sketchy shit happening (like fake accounts) or items seemed inflated (revenue or in this case users)

 

[brehme1989]

Well, if he didn't want it at that valuation he shouldn't have made an agreement at that valuation in the first place.

 

[Adriano@10]

Well I wouldn’t want to pay 30-40% more per share for a company that doesn’t make money haha

I think his reason for not wanting it is valid. How many of those accounts aren’t bots and are actually real.

At my old job we would buy companies and when looking at their financials we would pull out.

Either sketchy shit happening (like fake accounts) or items seemed inflated (revenue or in this case users)

LOL i m sorry but you seem to not understand what a binding legal contract is....
I m not sure at what kind of a shit show you worked but M&A does not work like this you dont sign binding legal contracts with no out and then back out of the contract. The dude waved his right to due diligence. My guess would be that your company used to back out during the due dilligence process or if the takeover target had some fraudulent accounting... But thats not what happened here elon signed a binding contract to buy Twtr at a fixed price with which he also waved any right to further due diligence.

Also the fake accounts is such a phony fucken out he chooses remember he initially claimed he buys twitter to get rid of the bots so to then claim he s not buying it cause to much bots wtf?

Also please read TWTRs filings where they explain how they get to the amount of bots they have it s very straight forward...... Also whats the solution for that problem you bann the bot one day he s back the next?....

He agreed on the price in a binding document the reason for not wanting it is cause he never fucken wanted it in the first place he just wanted to sell a huge chunk of his tesla shares and needed a justification. The implications of letting elon walk on this would be huge anybody could fake a fucken buyout and just toy around with companies. Like board members and high ranking employees resigned because of this shit show but somehow it s okay cause the law does not apply to mighty Elon? Gimme a fucken break.... Dude got away to many times already.

Also i really dont understand how any body in our industry could think yes elon has a point here.....
Nobody else would stand a chance to get away with this and i hope neither does elon.

Like why have i known that he ll try to bail on this deal since the fucken day he announced it? Even before he started to pull out and make the bot claims?
Simple cause it never was about the bots or free speech it s about elon getting even richer.

 

[crzdcolombian]

I didn’t know he waved due diligence….

Haha I am now on your side.

I thought this all came up after he started looking at their numbers. If that’s not the case he should pay the back out fee

Funny enough that happened to a company I worked at. They were going to buy a competitor. The federal government said no. The competitor still force them to pay the exit fee. The competitor then purchased a book of business from the company since the fed government was like you guys are way too fking big.

 

[Adriano@10]

WMT with a premtive full year pofit outlook cut of 10-12%

Repeat after me not a recession....

 

[Pimpin]

WMT with a premtive full year pofit outlook cut of 10-12%

Repeat after me not a recession....

if walmart says people are saving money, i feel better for everyone else.

Also, everyone I talk to tells me how much tech firms are cutting back on spending..

 

[Adriano@10]

Goog with a miss across the board: Rev/profit only thing that beat expectations is add rev (hence the +4% pre open) also the misses were small but still
I guess tha advertisers are still spending on the best platforms gonna be interesting to see META today (not to confident after IGs CEO basically came begging to the users to use the new reels/feeds).

Anyways i guess a strongish quater for google when considering the conditions but we can see some weakness in their numbers.

Meanwhile the shit show that is coin base is talking about bankruptcy... It s just a beautiful sight

 

[Adriano@10]

Fuck...
FB (META) with a decent Q when looking at topline most within expectations and Maus/ Daus held up nicely...
Worrying thing though average P per ad is down 14% vs 9% estimated...
Also guidance was lowered quite a bit....
This might end up being a costly mistake for me...
Apple really fucked anybody in the ad space with the exception of google....

Also what was this rally after the fed announcement do people really think this is it? Fed s gonna keep raising till inflation is under control but go ahead set your money on fire...

 

[Pimpin]

leverage shorted nasdaq on the close. lets see how much ill get raped.

 

[brehme1989]

leverage shorted nasdaq on the close. lets see how much ill get raped.

Futures or spot index?

I imagine it's spot if you have these concerns.

 

[Pimpin]

Futures or spot index?

I imagine it's spot if you have these concerns.

CFD