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5 minutes ago, Cruzer1 said:

Nobody cares about earnings, they just want the guidance.

🙈🙉🙊   Short term market movement is all about momentum and technical investing - it's all perceptions and the animal spirts, along with the added dose deliberate manipulations, fraud and FUD distribution. 

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1 hour ago, Screwball said:

There is more issues than PC sales.

I've been tempted to write off Intel a couple of times in the past when it looked like their management had gone stale and their tech fallen behind, but they are such a deep organization they seem to be able to flip the switch when they need to.

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I remember sitting in some corporate obedience training classes where they used Intel as an example on how to grow and control your own market - and they were right. Which is the kind of company you want to find and invest in. Not anymore, and not for a long time.

I think it all changed with the Enron stuff. Jeff Skilling should be on the Mt. Rushmore of financial criminals in my lifetime. He gave us the blueprint of how the leverage machine runs today.

Between Arthur Anderson accounting (some now legal that saved the world in 2008 (see FAS 157)) - and no rule of law - we end up with a rigged casino. Guess who loses.

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Fear, Uncertainty and Doubt

https://coinmarketcap.com/alexandria/glossary/fud

Quote

An acronym that stands for “Fear, Uncertainty and Doubt.” It is a strategy to influence perception of certain cryptocurrencies or the cryptocurrency market in general by spreading negative, misleading or false information. *see FUDster.

FUD is sometimes a word used by the crypto community to describe the skepticism of cryptocurrency that is temporarily bearish for the inevitable crypto market. Many crypto enthusiasts will use the term to describe anything that opposes against bitcoin or crypto. They will sometimes dismiss those who are cynical of cryptocurrency as shills spreading FUD (FUDsters).  

 

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29 minutes ago, Screwball said:

I learned something new today. I don't think that should apply exclusively to crypto though.

FUD - three letters. I'm more binary.

Fear vs. greed.

so back in the day - around the early 90's or so when Microsoft was being the world's primary corporate Satan, the tech writers/press really picked up on "sowing FUD" as the description for Microsoft's primary strategy for freezing other actors out of markets that they still were not ready to compete in themselves. I don't know if it goes back further than that or not but that's where I first remember seeing it used.

Edited by gehringer_2
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27 minutes ago, gehringer_2 said:

so back in the day - around the early 90's or so when Microsoft was being the world's primary corporate Satan, the tech writers/press really picked up on "sowing FUD" as the description for Microsoft's primary strategy for freezing other actors out of markets that they still were not ready to compete in themselves. I don't know if it goes back further than that or not but that's where I first remember seeing it used.

Ok, based on the above from the helpers; U+D=G in F vs. G.

Giggle

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Intel has/had terrible management.  Does TSMC still build their nodes for them?  Yep, they were so far behind that TSMC had to build the 4nm and 3nm nodes for Intel's CPU and GPUs.  Basically Burger King asking McDonalds to make their fries for them.

They did get a new CEO and their node roadmap has them releasing a 2nm node in 2024.  If they can hit that target date they will be back on track, but I remain skeptical.  

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I don't know where to put this because I don't want to make it political, even though this thread is a derivative of the political section of the forum. But it has to do with money, commerce, and and cash.

I went on a road trip today. From Cornhole, Ohio to Monroe, Michigan so some people could do some shopping. Pot shopping. Grocery stores should be so lucky. 15 registers, people going through ropes waiting on their budtender. Right off I75 there are 3 stores in Monroe. All packed to the gills.

Michigan is legal, Ohio is only medical, so here we are. I asked my budtender how many people they get from Ohio, and she said most of them. I drove through the parking lot looking at license plates, and most of them were from Ohio, even one from my own county, which would be an hour and a half away.  Too funny.

And incredible.

You can spend a couple hundred bucks in less than 10 minutes (x15 registers) while they line up to come in for 12 hours day. Wow! That's a shitload of money even without doing the math.

And the best part - all with CASH. How fucked up is that considering how the rest of the world works?

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1 hour ago, Screwball said:

I don't know where to put this because I don't want to make it political, even though this thread is a derivative of the political section of the forum. But it has to do with money, commerce, and and cash.

I went on a road trip today. From Cornhole, Ohio to Monroe, Michigan so some people could do some shopping. Pot shopping. Grocery stores should be so lucky. 15 registers, people going through ropes waiting on their budtender. Right off I75 there are 3 stores in Monroe. All packed to the gills.

Michigan is legal, Ohio is only medical, so here we are. I asked my budtender how many people they get from Ohio, and she said most of them. I drove through the parking lot looking at license plates, and most of them were from Ohio, even one from my own county, which would be an hour and a half away.  Too funny.

And incredible.

You can spend a couple hundred bucks in less than 10 minutes (x15 registers) while they line up to come in for 12 hours day. Wow! That's a shitload of money even without doing the math.

And the best part - all with CASH. How fucked up is that considering how the rest of the world works?

Michigan's recovery for all the 3.2 beer sales lost to Toledo back in the day....

🍺

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From the commerce standpoint, which one may call "the market" Michigan has an effect on the "street" price in places like Cornhole. Not uncommon for the little burgs like us out in the sticks to pay $300 an ounce because we are only medical. That's what our black market demands and gets.  The med card system (which people try to game) is pretty dicked up as I understand it. I know people who got the med cards but went back to the street because it was cheaper - even at $300 an ounce.

You would think since this is Cornhole, we have millions of square miles of farmland, and everything needed to plant such a thing (and it's a fucking weed and will grow almost anywhere) - we would have plenty. Nope. Every harvest season they send out the storm-troopers to eradicate those evil pot plants hidden on the edges of the farmers field. Complete with helicopters, and then front page pictures and headlines.

So you end up with shitloads of northwest Ohio people driving to Monroe to spend $100 an ounce, instead of $300 at home. They even advertise out of state welcome. I'm guessing others spend 3 hours driving, pay $100 bucks for an ounce there and sell it back here for $250-300. The market, depending where you live on the food chain.

I spent a week in Oregon back in 2018 where it was legal. There was a a green cross store on every corner. Wild to see coming from here. Cheap too.  All the different states with different rules, different situations.

Cash. Billions and billions of dollars - in cash.

*Disclaimer: never looked at any pot stocks just because, but one of my favorite stocks of all time was POT. 🙂

I really don't know how the rulers of our world, the swine criminal banksters, haven't tried to fiancialize/monetize the pot business?  I know there are pot stocks - but CASH?

ON EDIT: Since we are talking about pot, and I'm happy, allow me to share. One of my favorite songs of all time;

 

Edited by Screwball
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7 hours ago, Deleterious said:

Pure Roots just put a new dispensary in Battle Creek.  It is in a former Don Pablos and it is massive.  I bet it sat 250-300 people at the time.  They put $5.6m into the refurbish and it just opened Feb 1.  Glad it finally opened since we only have about 19 other weed shops.

 

The market has become so saturated they are practically giving weed away.  I don’t know how anyone sinking huge overhead into a brand new mega store makes money right now.  

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10 hours ago, Screwball said:

From the commerce standpoint, which one may call "the market" Michigan has an effect on the "street" price in places like Cornhole. Not uncommon for the little burgs like us out in the sticks to pay $300 an ounce because we are only medical. That's what our black market demands and gets.  The med card system (which people try to game) is pretty dicked up as I understand it. I know people who got the med cards but went back to the street because it was cheaper - even at $300 an ounce.

You would think since this is Cornhole, we have millions of square miles of farmland, and everything needed to plant such a thing (and it's a fucking weed and will grow almost anywhere) - we would have plenty. Nope. Every harvest season they send out the storm-troopers to eradicate those evil pot plants hidden on the edges of the farmers field. Complete with helicopters, and then front page pictures and headlines.

So you end up with shitloads of northwest Ohio people driving to Monroe to spend $100 an ounce, instead of $300 at home. They even advertise out of state welcome. I'm guessing others spend 3 hours driving, pay $100 bucks for an ounce there and sell it back here for $250-300. The market, depending where you live on the food chain.

I spent a week in Oregon back in 2018 where it was legal. There was a a green cross store on every corner. Wild to see coming from here. Cheap too.  All the different states with different rules, different situations.

Cash. Billions and billions of dollars - in cash.

*Disclaimer: never looked at any pot stocks just because, but one of my favorite stocks of all time was POT. 🙂

I really don't know how the rulers of our world, the swine criminal banksters, haven't tried to fiancialize/monetize the pot business?  I know there are pot stocks - but CASH?

ON EDIT: Since we are talking about pot, and I'm happy, allow me to share. One of my favorite songs of all time;

 

It seems like Ohio's views are similar to Virginia. I haven't been paying real close attention these days since my drug of choice is a nice Petit Verdot, or maybe a Merlot.

The GA is still stumbling along with rules on medicinal pot, heaven forbid letting the general public get a hold of it. Meanwhile vape shops are sprouting up all over. They're almost as numerous as gun shops and Colorado licensing classes.

Brewhouses are starting to bloom as well, they're actually starting to allow them to sell food on premises rather than parking a food truck outside. Progress.

Personally I think Virginia already has the perfect business plan already in place. ABC stores. You want something harder than beer and wine, go to the state store. The state keeps the profits (and the taxes). Do the same with pot, cut out the middleman. They subsidized winegrowers in the '80s and '90s to offset the loss of the tobacco industry. Maybe they can do the same with marijuana.

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I forgot to mention the taxes. I think it was %6 sales tax and %10 pot tax, so a total of %16.  I suspect, if Ohio ever legalized, a couple of those stores in Monroe would be toast in a short period of time.  Ohio is also losing out on a lot of tax revenue. I'm not convinced it will ever go legal here.

But it still amazes me of the sales volume.  After experiencing Oregon, and now Michigan (both rec states) and the huge revenue that goes through them - they still only sell in cash. Against federal law to use credit cards as I understand it. Think of the fees that could be collected by banks and credit card companies on credit card fees.  That's some huge revenue and I'm surprised the banking lobby hasn't pushed harder to change this.  After all, they do own the place.

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