I was about to say....if not now when. But yea it's good, well produced. Obviously some episodes are just better than others, and they couldn't fit everything in, but most are like 20-25 mins. Milton tough episode (4 i think?) was funny just to look back and remember how far they've come.
It’ll be interesting to see if they edit the rundown from yesterday. He admitted to making money doing it when I watched it last night. If it gets edited then he’s probably in real trouble.
You borrow a share of stock and sell it at current price. You are betting that it goes down and you can buy it back for cheaper than you sold it for and can return to original shareholder while making the difference between what you sold it and bought it back for. usually not a good look for company insiders and possibly even criminal if you don’t follow the right procedures.
Betting against the stock as a way to make money. Which is very illegal. It's not illegal to short stocks in general but in the position he's in, it is.
Shorting means you are buying an option to sell a stock at a higher price than you think it will eventually be worth. For example say I want to short penn, I buy whats called a "put option" to sell x number of penn shares at say $12 within the next say 6 months. So if penn goes down to $4 a share, I can buy at $4 and use my put option to sell those shares at $12
It's probably illegal. There's no rational reason to short your own company's stock unless you have inside information.
Your mommy and daddy give you ten dollars to open up a lemonade stand. So you go out and you buy cups and you buy lemons and you buy sugar. And now you find out that it only costs you nine dollars. So you can give that dollar back to mommy and daddy, but guess what? Next summer you ask them for money, they’re gonna give you nine dollars. ‘Cause that’s what they think it costs to run the stand. So what you want to do is spend that dollar on something now, so that your parents think it costs ten dollars to run the lemonade stand.
it's pretty common on message boards for someone to post something like, "well i guess no one knows" after multiple posts have been made saying the same thing. i expected Corch not to have a fucking clue, but you are disappointing me a bit.
Has the deal closed? If not, Dave might not have inside info on Penn since he won’t be included on forecast calls or anything like that until the deal closes.
day trading is basically a scam right? In that everyone who does it manually will lose money eventually through the transaction fees to actually make money you'd need to be doing better than the financial companies who spend $billions to automate their trading algos
no. trading fees have been reduced to zero at most firms. plenty of people can make money day trading. most people will suck at it and should just invest for the long term.
Fair comparison is probably sports gambling with less vig and more volatility. and far more sophisticated gamblers