Recent comments in /f/wallstreetbets

NRA-4-EVER t1_je0bhe3 wrote

I don't care what rating you give them, once interest rates went up they were destined to default. Whomever was holding them would get hosed. The loss would have fallen on the banks the wrote them if they hadn't sold them, the massive loss would still have occurred, just affecting the original lenders. You obviously looked into it as far as the final reports written by biased observers that want to blame specific people. It's an agenda based conclusion.

Bottom line is there would not have been an issue if the loans never occurred. It took two parties to create the loans. Both are guilty, but you can actually trace the original cause of why the banks pushed to get more minority loans, and it too goes back to political agenda.

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KutteKiZindagi t1_je0avvn wrote

On the spot price. Lets assume you want to move some shit from china to US today. You get the quoted price and you pay to move it.

Long term contracts are for regular shippers to ship in future.

The shipping price is in "contango" which means the long term contract price is higher than current price. Which means the market expects the shipping price to rise in the future.

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DemocratLesbian t1_je0953s wrote

I started with 1k, dogecoin popping got me to 1.5k, Embraer got me to 7k, a mix mash of options got me to 18k, Activision got me to 8k before announcing Microsoft was going to purchase, got me to 42k in a morning. From there I thought I was a genius, pulled 20k out, lost 17k on Adobe, Ford, other options... Was down to about 4k in the pot at the beginning of this year, now I'm at 9.6k.

I'd never say I'm successful. With confidence. I'm up and was able to pull some money out. Successful? Yes, I didn't lose. Yet.

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