Now if you wanna talk housing
We could chat
I did some TOL & KBH .... I did this before and lost. We will see
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Now if you wanna talk housing
We could chat
I did some TOL & KBH .... I did this before and lost. We will see
thoughts on cigarettes? im not a smoker, but ive always been a believer that no matter what vices will be the last thing that people give up...even during shit like this...
trying to figure out if I should give PM and BTI the oil/gas treatment and wait for a 20% drop or should be more actively nibbling as they drop...
You live a high risk lifestyle.
Here’s similar cancer causing thoughts that I try to extinguish
SPG Simon Properties
They own malls. Big real estate refinance. Yet they are empty in 4 weeks?
Snapping rubber band on wrist
DOW 19,300 and I shove everything. It’s never that clean
CRUS had activity on an article - 5G Apple play
Look at this. Just fun to see in hindsight
Quote:
Senior Vice President of Supply Chain Scott Anderson Just Sold A Bunch Of Shares In Cirrus Logic, Inc. (NASDAQ:CRUS)
We'd be surprised if Cirrus Logic, Inc. (NASDAQ:CRUS) shareholders haven't noticed that the Senior Vice President of Supply Chain, Scott Anderson, recently sold US$464k worth of stock at US$78.49 per share. Equally important, that sale actually reduced their holding by a full 62% which hardly makes us feel bullish about the stock
Almost hard to fathom how much money OSA must be up today. #PrintingPress #TVIX
The simple and the infirm keep trying to game corona. When will it break?
We need to envision the landscape afterward.
Chain of events.
Behaviors and balance sheets will be different.
On the other side: if it’s not green the Fed must intervene.
I think Fed could fuck up this time. They’ve run pretty good for 12 years
The consumer could be mortally wounded. Zero.zero help here. Thx Kudlow
Krypt. Any stories from the wealth management game?
Other than refinance that has to be a nightmare. Any physical assaults?
Gotta love the rake
*giggling*
the PWM game must have been good for the past 7-8 years...markets going up infinite, people keep puking cash to you...
now it must be hell on earth...your rolodex of clients calling you non-stop while they're bleeding out of their assholes...each one thinks that they're your only client...
couldn't pay me enough...
Remember reading this last week. I don't know how Caesars stock can survive what has happened, even if it turns around withing a month or two.
https://asreport.americanbanker.com/...oronavirus-hit
Eldorado's in the same boat:
Here’s a story from my neighbor. He’s BOA mortgage assigned to Merrill Lynch Wealth Mgmt
Trust fund kid calls up and wants to refinance. He’s collecting like a million a year.
His credit is shit. So my buddy tells the kid there is really nothing he can do. They resell the loans of course and follow guidelines. Very few are kept in house for special exceptions.
“Why’d you let that gym membership for $54/mo go to collections, for instance”. Kid is a fuck and has a temper tantrum.
Kid calls Dad. Dad calls the Wealth Management guy.
The Wealth Management guy says that client is $70k a year in his pocket. Try not to insult the spoiled kid.
The father is a great guy and sponsors the son on the mortgage.
My neighbor was telling a mortgage story but the smooth $70k from one client caught my attention.
My neighbor says he has the greatest job on earth. The mortgages are huge and aside from trying to decrypt trust funds and convoluted assets the work is easy. The clients aren’t like retail schmos who call 3x a day over their $200k loan on the 3 bedroom ranch.
He gets paid per loan and he doesn’t have to do many to match the BOA mortgage guy in some local branch. He says the Wealth Management guys are easy to work with too.
It’s all a scam though. Very little intelligence happening on asset management side.
Haven't been able to look at my portfolio for about 2 weeks.
I am going to look now. Purposely stayed away cuz I knew I was gonna be shocked.
If I don't return, RIP msyelf.
Carl Icahn might have lost his fastball. His fat kid just might not have the gift his pops had. That’s often the way.
Big casinos in 2020 are dinosaurs. Too big. They eat too much. I see a meteorite across the sky headed toward Vegas
Is Icahn still messing with drillers? Cause the Russians just put a contract on him if he is.
amazing...
for that kinda money dealing with those one offs no fucking big deal...
that's what Ive said about my time at the evil empire...you pay me enough I can eat the biggest shit sammich in the world...they didn't even pay me enough to eat a shit cracker...
im surprised the wealth management guys are easy to deal with...but I guess if you got a shitton of money you get market fluctuations and the like and aren't like retail who buys at 3350 and pukes it out at 2600...I don't know why rich people fall for the PWM scheme...if you aren't creative and don't want to deal with it literally buy vanguard's SP500 fund for 0.01% management fee and some blended high quality bond fund and viola...adjust every quarter to get to your desired percentage...not rocket science...