oblong Posted December 5 Posted December 5 HBO's west coast people wanted to buy Netflix for $2B in 2007/08 but were rebuffed by big bosses in NY, who were still spooked by the AOL portion of their past. They didn't trust tech and internet people for a long time after that. Quote
Screwball Posted December 5 Posted December 5 AI Data Centers Are Making RAM Crushingly Expensive, Which Is Going to Skyrocket the Cost of Laptops, Tablets, and Gaming PCs On another note, earlier today, after giving back a little bit, the S&P 500 was within 25 points of all time highs. We probably need to lower interest rates. 🙂 Quote
Screwball Posted December 8 Posted December 8 NFLX is in the news. Let's look at some chart porn. 3 year chart of NFLX by week; It hit a high of $134.12 around the end of June just before earnings release. Humm... Now around $100 six months later. Don't follow this sector but something happened. Been a hell of a ride from the $27.34 for the previous 3 years. Quote
Deleterious Posted December 8 Posted December 8 Break out the popcorn. Their offer is $108 billion. Quote
gehringer_2 Posted December 8 Posted December 8 Just now, Deleterious said: Break out the popcorn. Their offer is $108 billion. LOL - Dollars to donuts which ever of these go through, the combined entity will end up dismembered again inside 10 yrs. These Hollywood/media marriages never seem to go well. Quote
Deleterious Posted December 9 Posted December 9 I swear they did this months ago, but I guess not. Quote
Screwball Posted December 9 Posted December 9 Chart porn; 1 day chart and tonight after hours by minute. 4:29 tweet, NVDA goes from $185 and a half to $190. Not much of a jump but it did move the price. Quote
Screwball Posted December 10 Posted December 10 (edited) While I'm here, I noticed JPM got whacked a bit today. There is nothing better than swine bankers get whacked, unless it was a few more of them. And JPM is the swine of the swine. Madoff. Epstein. They (not just JPM) are the money movers. For everything. And they make money on everything. That's the rules. 🙂 And the best part, if they blow themselves up they get bailed out. Edited December 10 by Screwball Quote
Screwball Posted December 10 Posted December 10 Fed cuts rates by 25 bps. Expected. Market didn't do much. Quote
gehringer_2 Posted December 10 Posted December 10 (edited) 1 hour ago, Deleterious said: I get it, it's what Congress said to do, but chasing employment with cheap money is the economic equivalent of crack cocaine. But 25 BP off 4% isn't going to move much anyway - it will function for Powell mostly to keep Trump's dogs at bay. Edited December 10 by gehringer_2 Quote
Screwball Posted December 11 Posted December 11 (edited) 5 hours ago, Deleterious said: Toto, I've got a feeling we're not in Kansas anymore. You can't make this **** up. Let's look at a little chart porn shall we? Six month chart that I narrowed to Sept 1 by day. The yellow arrows with the red ellipse around them are the Fed rate cut days. 9/17 was the first rate cut, then another on 10/29, and now another on 12/10. On 9/17 the S&P was around 6627 at close. Today it is 6886. That's about 4% for 75 bps of cuts. I guess cheaper money isn't what it use to be. Speaking of chart porn and yellow arrows; The full 6 months and you notice that horizontal arrow 6028 level. That gap will fill at some point. Edited December 11 by Screwball Quote
Screwball Posted December 11 Posted December 11 ORCL getting hammered to the tune of %14 today. Quote
Deleterious Posted December 12 Posted December 12 Not a single mention of us rounding down to the nearest nickel. Either people haven't noticed or they don't care because it is in their favor. Also had ChatGPT run a few numbers. I gave it our revenue per year, average ticket price, and percentage of our sales that are cash. It estimated we are losing between $188-$248 a year per location by rounding down. So, nothing at all, really. 1 Quote
Screwball Posted December 12 Posted December 12 (edited) Interesting chart porn of the day. Silver must be the new tulips. What a ride. First chart a 3 year by week. The horizontal yellow lines go back 5 years ago. Nothing related to today. Haven't looked at the chart for quite a while. As you can see it didn't do much for quite a while, then went up a bit in April/June of 24 until April of 25 and took a ****. Then went nuts. Looks like a hockey stick. A closer look; I'm not sure what's going on here. Is it a tulip thing or... Silver needed for data chips? On the other side of the coin (no pun intended) one would think the ass kicking winter has already brought us would drive the price of Natty Gas up, no? Well, it kinda did, but what's going here the last few days or week? Looks like a gap to get filled there too. Edited December 12 by Screwball Quote
Screwball Posted December 12 Posted December 12 Too funny! Pot stocks are up 15/20% on the news (after hours). Quote
oblong Posted December 12 Posted December 12 Must have cut a deal somewhere for the family. Don't get me wrong, I think it's good news in isolation. Quote
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