The Stock Market Thread

Thanks. So neither most, nor people. Just a very small subset reduced as far as you can compartmentalize them in order to salvage some meaning of your original argument.

 

I’m sorry I know more about this than you do, not sure why you are such a baby about it. I wouldn’t dare think I know more than you do about programming, but I’m not an expert at everything like you.

 

Your argument was dumb in the first place. That’s on you. You got caught talking out of your ass and threw a tantrum.

 

Apparently so, and they seem grumpy too. Thought they might be since they were still back and forthing it while I was in the shower this morning.

 

I do not believe I know more about this than you. I doubt you could have a conversation on programming on any level, much less the one you think I'm on in finance. But I'm game, let's go. I promise you, if you say something like "variable" I won't say "in what world does variable mean not constant," or whatever idiocy you threw out for not recognizing the term pattern day trader.

 

Are you familiar with Aurelius Capital and Windstream?

 

yes. I wouldn’t say I’m an expert on either

 

you took a little thing and ran with it. That’s what you do.

 

So explain how that situation isn't exactly the little guy getting screwed, while the big guy doesn't. Common stock was made garbage in bankruptcy. Preferred stock I think got a little. Other debt holders got a lot. Aurelius made off like a bandit. And then, after restructuring, bought common stock in the restructured company?

How is this not a textbook case of exactly what I'm talking about?

 

The important thing is, shorting retail chains that are familiar to the masses is now riskier than it used to be, thanks to day trading apps. Or at least, that is what I find to be a take-home message.

 

You made 4 replies to it you twit. How is that me taking a little thing and running with it? I even tried to give you the benefit of the doubt in one of them, and you doubled down on your lack of understanding. I tried to help. Jesus.

 

Retail chains are always risky, I think. But that's just me.

 

When potential losses are open-ended, I just don't want to mess around. I'd rather buy stock in something I think will do well or that I like, than bet against things where my risked loss is indeterminant.

 

I don’t think windstream had preferred shares and tons of institutions owned the common. In bankruptcy the bond holders have first claim. That’s the law. I don’t think it’s fair how they went about it, but one firm making a lot of money doesn’t mean every institutional had the same outcome.

 

I would think it would be best to not worry about what you bought, so much as buy a lot of different things. If you owned one stock in everything, you'd grow your investment as good as anyone.

 

i don’t think it’s just retail. It shows these messageboards can move markets which is definitely new

 

Institutions by and large faired much, much better. It doesn't matter if some institutions got screwed too. Institutions proportionally did better than the average investor.

Now, it was Windstream's fault, not AC's. But the regulations in place allowed Windstream to break off all its money making assets into another company, and then AC's lawsuit made all the stock in Windstream worthless.

 

I’ll pass on that type of help next time. Thanks

 

Don't worry, I won't be giving you the benefit of the doubt any longer.

 

what’s your evidence they faired much much better? Institutional ownership of companies common is generally much higher than retail.

the common was [uck fay]ed either way. They weren’t surviving with that debt level.