Screwball
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Everything posted by Screwball
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A good example of how crooked and ****ed up our "market's" have become. This is no longer about price discovery by all, it's about forcing people into the meat grinder ran by the pigmen of Wall Street to separate them and their money (via their funds). Greed is good. Great movie by the way.
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And it juices the **** out of the market - what's not to like? They got to pump out these IPO's before the commodity inventories and supply chains beat us with a board. There is nothing good in our underlying economy. The numbers (if you look past the headlines) are not good. And guess who will hold the bag. Watch your 401k holdings. Add in the inflation due to energy and everything is in place for a problem. Watched it before. 2007/2008. Started with $147 dollar crude (July) to the impending crash. I know I'm a broken record that hasn't been right yet, but this is the biggest bubble they have ever blown. All we need is a pin. Maybe a rocket?
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From my experience, these upcoming IPO's are about as ****ed up as I can remember. I makes my head hurt.
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The Everest thing has always intrigued me. I read several books and watched all the documentaries. Side note; great doc on Netflix called Meru if you like that stuff. This is the month of May which is prime season. I really see no fun in freezing your ass off while trying to kill yourself at the same time. Without the Sherpa's, most of these people would never have a chance, but pay big money to do so. I don't get it, but whatever. Last week I saw a shot of a guy on the top, and he launched a drone to film it. That's pretty cool. 🙂 It wasn't big enough to haul his frozen ass out if needed.
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On AI and the coming IPOs. Not familiar with this guy but found this posted on a financial I've followed for years. Breaking: bad news for three of the biggest IPOs in history There is also a lot of talk about where all the liquidity will come from. We are talking a lot of money.
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Aren't most credit cards backed by a bank of some kind? 🙂
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This has been a fascinating conversation on the art of pitching. The max effort stuff is interesting IMO. I played a bit of ball back in the day (early 70s) and there was no shortage of some husky farm boy throwing little tiny pills. Problem was, the pitch didn't do anything - a straight line - and then someone timed it, and barreled it, as they always do. That's why they don't go anywhere. Velocity isn't enough to get them to the big show. You don't have to throw in the 90s to get people out. It's call pitching. Think of the guys who don't throw hard enough to break a window, and make the batter look like a fool. Approach, execution, location, and take advantage of the weakness. As a pitcher, the hardest thing to face is you can blow it past someone anymore. You need a new approach. A thrower vs. a pitcher. Remember a game in Detroit one year. Great seats, 20 rows up around home plate. Cleveland. Kenny Rogers. Third hitter for Cleveland jacked a shot. After that, he shut them down and the Tigers won. He dazzled them with a bunch of junk for the next 8 innings. I thought he was a true master of his craft, and that game was a perfect example. That is the art of pitching.
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When I did some research on the electronic strike zone I ran into the companies and tech behind all this. Wild and interesting stuff. And incredibly impressive.
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Maybe a dumb question. How far back does the pitching data, such as velocity, spin rates, and movement go back? They had radar guns in the 70s but I don't know what else.
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Robinhood Launches AI Stock Trading, Purchases on Credit Cards FTA (paywalled, but I got this much, which is all you really need): I'll pass.
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Can you imagine how much money was spent on the development? If I was the lead design engineer, my first statement would be; it can't **** up.
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For those who fly and wondered how the landing stuff works, this is a neat article. All those tires hitting the ground from that great big tube we are riding in. I'm not a rocket or plane scientist, but this is interesting nonetheless.
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You're fired.
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Large corporate entity doing stupid things - no - never. We got a new director of our division of a fortune 100. One of his things was to bring Nerf balls to staff meetings. If someone said something stupid or wrong, we were suppose to throw the Nerf balls at them. I wanted to bring a ball made out of something hard, real hard. Most needed a ball banged up side their head, especially the idiot who thought up this stupid idea.
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It is nothing like it used to be when a hundred cars were trying to get in. 33 most years now. I don't know half the drivers or where they came from. But the race was great, and the finish was spectacular. Talk about some nads... There is a race the night before at Anderson Speedway in Indiana. The Little 500 it's called. 33 sprint cars on a 1/4 mile track for 500 laps. Wild race. Normally I can watch it be couldn't this year unless you paid. A guy named Cody Swanson won. This guy flat out dominates sprint car asphalt. Never been in the Indy - that is a travesty. I think it was Johnny Rutherford who said something like: there are more car salesman at Indy than there are race car drivers. He might be right, and that's why the field is the way it is - minus guys like Swanson.
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Somehow, given the weather we have had in the Midwest, they got the Indy completed. Little rain delay, but what a race. Was a great show all day. Great finish too. Neat video below;
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I'm old, and I don't understand how this **** still goes on. WTF are we doing? We know of the Epstein class, and that's only part of the grand perversion that's been going on for how long? We can name names. Nothing - ever - happens. Other than a sacrificial sucker every once in a while. How can Maxwell be convicted and sitting in jail for trafficking humans and the perps walk the street????? Come on! Then there is this news from Ohio. On a much smaller scale with who knows how many more victims. Who knows how widespread this is. It should be easier on the smaller level to rat these people out. They are not rich celebrities with power and influence. I really don't get it. This one hits close to home. I know a guy on that list. He was a classmate of one of my sons. We were shocked to hear it. Came from a good family. Something went wrong somewhere. I honestly don't know what to think of the world we live in today. We have lost our way.
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No! Tell us this isn't so. With markets at all time highs no less. Nation’s largest public pension fund plagued by secrecy and underperformance, probe finds - Bubblevision There is never only one cockroach. This fund has been a swindle for years. And we are at high tide.
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Nobody's going in there expecting to carry out an agenda for some dip**** president, Trump, or any other before him. That's not how it works. Don't be silly.
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I just picked this as a random article. Doesn't matter who you get it from the story is pretty much the same. What a sick ****ing world we live in, and these people are pikers compared to the Epstein class who runs the world. 122 people arrested in Ohio human trafficking crackdown: "Operation Spring Cleaning" Don't know why this doesn't get more national news. But I guess the perverts all know the other perverts. As a parent...
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Warsh is one vote. The FOMC has 12 people so it ain't up to him. What he said or how he voted in the past doesn't mean ****. They are all a bunch of puppets for the pigmen banks who run the world - same bunch underwriting the Space X IPO. Neel Kashkari - of all ****ing people - is a voting member of the FOMC. Might has well have Jim Cramer or Paul Krugman. As much as these highly educated financial wizards think they can control their mandates - which has already been proven an utter failure - the "market" does what it does. The "market" is "we the people." You can only fudge numbers and bull**** for so long - then reality sets in. These people are not going to fix ****, shouldn't be trusted, or listened to. And wait until we get to bail out the banks again.
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That's because we are so ****ed up we couldn't pour piss out of a boot if the directions were on the bottom.
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I hope it pukes on IPO day, but it won't. What a ****ed up mess. The pigmen will make money so it's all good. We are playing in the secondary market anyway. In other news, this pertains to NVDA. Stock isn't doing much today after the earnings report last night. This may be part of the reason why. Nvidia says it has ‘largely conceded’ China’s AI chip market to Huawei Also, market related. The bellwether WMT reported this morning. Not so good. Stock down around %8.
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Oh my! I'm sorry I asked. The pigmen are happy once again. This is nuts. From my Debbie downer side, these IPO's are chasing the bubble before it blows the **** up. For those who don't follow, from Investopedia a primer on stock float; Understanding a Company's Float: Key Facts for Investors Float's only a part of this but helps understand. There is all kind of stuff going on here. Once again, proud of the pigmen; the swine crook swindlers and criminals they are. But hey, they run the world. It's good to be the king. Then I had to look. The question - who is the bank behind this? The usual suspects!!!!! That's ****in funny right there. Who could have possibly saw that coming?
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After hours chart porn is pretty uneventful. I don't know what that means. In related market news, and I'm not following like I used to, but the Space X stuff - from NBC; SpaceX confirms plans for an IPO that could make Elon Musk a trillionaire FTA: Next month? Doesn't an IPO of this size take longer than that? Who's the bank? Like I said, I don't follow the casino much other than to look at the chart porn. Has this been going on for a while?
