Recent comments in /f/wallstreetbets

DYTTIGAF t1_ja97ib9 wrote

MARA Balance Sheet holds almost 12,000 Bitcoins. This is the crown jewel of the company (eguity built up weathering the Bitcoin winter).

George Soros wouldn't have purchased a piece of the company (through debt) if its value wasn't ...under appreciated. He's a bottom feeder. He buy's low and sell's high.

Bitcoins "halving" is just a over a year away. You know how time does fly. What happens to its Balance Sheet if Bitcoin 5X over the next 12 months? This is a rocket. Ready to launch.

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TheSarj29 t1_ja9753x wrote

Why don't you try reading their guidelines that are online which state that you have to have margin enabled on the account. Your original post clearly stated that you don't have margin on the account.

Regard

Skip the section that's says "setting up an account"

https://www.tdameritrade.com/education/account-types-and-investment-products/how-to-trade-options.html

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chinawcswing t1_ja96wta wrote

It's not a fact though, it is wrong.

There is nothing different about a stock buyback and a dividend payout. Both exist to return excess cash to shareholders.

Companies are not doing stock buybacks to "enrich CEOs". They do them for the same reason they do dividends, which is to enrich shareholders. Rather they are returning excess cash to shareholders, and shareholders turn around and invest that cash into other companies who can invest it more profitably.

Yes, CEOs often are big shareholders. But they in almost all cases are not the majority shareholder.

The reason companies prefer stock buybacks compared to dividends is that it is more tax efficient.

That is why Biden and the /r/antiwork crowd complain about stock buybacks, but not dividend payments. The government gets a larger chunk from dividend payments, compared to stock buy backs.

Even if your theory that stock buybacks exist to enrich the CEO were correct, what do you think companies would do in the absence of such a mechanism? First off they would do a dividend. If you banned that too, they would just ... increase the salary of the CEO.

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grizzly_teddy t1_ja95ise wrote

I tried very hard to convince that guy from last week to roll is options from last Friday to this Friday. Moron wouldn't budge. Could not fathom why he wouldn't get options that expire AFTER investor day. I think TSLA will end this week at $240+.

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Sudden-Baker-9943 t1_ja94vtu wrote

I had a bit of PSNY stock thought it would pop with the announcement of their SUV, and then read that they’re still building manufacturing plants and wouldn’t be profitable for a few years. Sold my stock which I bought around $4.50, for around the same price or a bit higher figuring it would go to around $4, and then it skyrocketed to over $9. Now it’s above $5 and I think it’ll go a bit lower then I’ll buy. Lucid car prices are too high and I dint trust Fisker, he likes to take the $ and run

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