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Eastwood

Certifiably Surly
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Everything posted by Eastwood

  1. I was in the understaffed thread in the food forum talking about this. Lifers like your friend left the business and don't miss it, at all. It's a toxic environment that has a very negative impact on quality of life, but a lot of the people who kept coming back to it did so out of necessity and habit. Remove necessity and habit, and they very quickly found a better job and many took a pay cut to do it. My wife was, at one point, the youngest manager in the southwest region for her chain and she wouldn't go back for 120k. Doing so would mean she would never see her family. Weekends, holidays, nights, and Hallmark holidays like Mother's Day and Valentines would all be off limits. 120k can't buy back the time lost.
  2. Funny, because you could say the same thing about PPP loans. If we are going to champion capitalism, then what better way to separate the wheat from the chaff during the pandemic than to let only the strongest of companies survive? The welfare swung both ways to the tune of trillions of dollars. Companies got free money, and former employees got free money. Both spent it. Companies enjoyed lower overhead from people working from home and paying less employees and benefits while people got to enjoy more time at home, getting to know their families better, and in the process, realizing that they don't want to waste their time at a job that doesn't pay very well. Then employers wanted their low wage workers to come right back at their beck and call and subject themselves to a work environment that very few employees missed, at all. My wife worked in the food service industry for almost two decades and all of the "lifers" she knew that were still in food service before the pandemic haven't gone back. They aren't staying home, either. They just changed careers. Turns out that jobs that pay $15 an hour are easy to replace and so they've replaced them. They get to sit in a cubicle or stock grocery shelves rather than run around a restaurant while being an emotional punching bag for miserable customers. Some went on and learned a new skill and actually improved their pay. On the other hand, finding a worker who is willing to work a bad job for $15 an hour is hard to replace. The reality is that restaurant jobs suck and a large chunk of the business depends on these "lifers" who are comfortable with the turnover and continue to accept their lot in life. The pandemic allowed those workers to see otherwise. The financial assistance allowed them to choose otherwise. The unemployment rate is still slowly trickling back down and is currently only 5.8%, according to the Bureau of Labor Statistics. According to the numerous articles, the restaurant and service industries are still way behind on labor. The reality is that the job market is improving month over month and restaurant/service industries are lagging because their jobs suck and people are actively avoiding them. The teat has little to do with it, in the grand scheme of things.
  3. It would be hilarious if it was a ransomware attack, but the vast majority of the grid is so outdated they didn't know how to properly take down a system running on punch cards.
  4. If I had a time machine and went back to when I first discovered this in May '20 and dumped all that I could have safely parted with into April 16 2021 options, I would have netted $3.5 million. I think it has more to drop before it finds level. It's still losing momentum, a bunch of bearish candlestick patterns, still hasn't dropped to the 50 day moving average, and there aren't many supports left on the chart between here and the 100s. We'll see, though. As long as the short interest is what it is, the stock will act outside of the traditional market analysis tools.
  5. I think if it closes the week below 280, there aren't any support levels on the chart until the 130 to 160 range.
  6. Market chaos happens a lot sooner than $500k. I think somewhere around $9k a share would put GME worth of the actual shares issued at half a trillion dollars. With the way the stock was shorted, almost the entirety of that half a trillion would be shorted shares. That half a trillion shortfall would cause so much liquidation that a huge selloff would occur, triggering all kinds of other events like stop-losses, algorithms reacting, margin calls that have nothing to do with GME, and so on. When GME tickled $500 a share, the market had a brief 15-30 minute selloff. It didn't recover until after the halts on buying started being implemented, which crashed the price through panic selling. I believe that we saw market support shuddering under the coming weight of a runaway price spike and the effects it would have on the market as a whole. The situation is still very perilous. I've said several times that I don't know how they could possibly ever unwind this situation without paying GME directly to issue enough shares. My concern is that it will be taxpayers that have to do it, when in reality, hedge funds and other financial institutions defrauded the system to create this situation and directly harmed GME in the process. But those with the power to fix the situation really have just decided to look the other way while others continue to operate around it clueless as to the true possible fallout. It's the financial equivalent of the Beirut explosion.
  7. My whopping one whole share that I bought at $190 coming back into my portfolio:
  8. The cleaning fee issue was there before COVID, but the other properties hopped on board to get caught up on revenue. We were looking to book a place in Galveston for two nights in August of 2019 and constantly got bummed out when we would pick a place that was $150 a night when shown on the list and map, but immediately jumped to $700 total cost when you went to book it. $150 a night with a $300 cleaning fee. They can pound sand with that, especially since all of our tenant reviews remarked how clean we were and how good of shape we leave the place in. Shit, I wish we kept up our own house as neatly as we keep up the AirBNBs we visit.
  9. Aren't we friends on Origin? If you ever see me on or want to play, shoot me a message and I'll be happy to walk you through in duos.
  10. I've heard nothing but good things about him from people in the service industry. He was always known to be generous, but upped it during COVID.
  11. The hilarious thing that seems to slip through the cracks because it is a one-off line is when Tony asks Vito's widow why Phil won't pitch in, she reveals that Phil is actually her second cousin or some other distant relation. Phil just wanted an excuse for violence.
  12. Sorry to hear that, Snacks. All my best to you and yours.
  13. So for satellites it is apogee and apoapsis applies to spacecraft? TIL.
  14. It's natural for an object in orbit to gain altitude as it reaches its apoapsis, which is the "highest" part of the orbit. Then the altitude decreases as it approaches the periapsis. If the periapsis is low enough to where the object in space encounters some drag by brushing against the atmosphere, that decreases the altitude for the entire orbit over time until the object gets completely snagged by the atmosphere and plummets to earth.
  15. Way back when it first came out, there was the free version with ads and a paid version that was a one time fee. I paid the one time fee. Some time in the last 4 years, maybe farther back, they switched to a subscription model and started showing me ads again. To hell with that, I should be grandfathered into the one time payment. I paid the money up front under the agreement that I wouldn't see ads. They changed the agreement.
  16. Okay, thanks. I'm going to have to uninstall Tapa for good. Now several ads run at the same time and sometimes audio from an ad that's not even in the feed runs. They completely butchered what used to be an amazing app.
  17. I love the 3030. Good headshot, especially if you charge it, and is actually a good firing from the hip at close range. The hip fire aspect means you can actually afford to keep it late game and still have the range if they are hugging cover on the outside of the final circle.
  18. To your first question, the commonly held belief among squeeze enthusiasts is that the short interest is not being accurately reported and that the stock is "irreparably shorted" (that's how I would put it, at least). There is no way to sort through which shares are synthetic and which are real, there are probably more bona fide owners of the stock than there are shares available, and barring bankruptcy or a legitimizing of all synthetic shares, which would dilute the stock, there is always the potential that large short positions get obliterated and margin called.
  19. GME completed a 3.5 million share offer today, injecting those shares into the market and earning around $500 million. Share price actually went up, finishing the day up 11.74% at $168.93 and touching $198 in the after hours. With $500 million in fresh cash and the shedding of under-performing stores during COVID, bankruptcy is now a distant dream of short sellers.
  20. The ads with sound on Tapatalk are getting very intrusive, at this point. If it's on Tapatalk's side, I'm done with them. If not, just a heads up that every thread I've clicked on in Tapa has had an ad with sound, sometimes just sound that I can't find and turn off.
  21. I have woken up with a headache that goes away by lunch every morning since Pfizer 2. Usually don't have any problems with headaches. Been a weird week.
  22. Agriculture gets subsidies. Therefore, agriculture is subject to government control. The government is the people. Therefore, agriculture is subject to the control of the people. The people have seized the means of agricultural production. Great, now you've gone and done it...
  23. If you have sustained periods of poor sleep with minimal dreaming, sometimes your brain will "make up for it" when you start getting consistent good sleep through a process called REM Rebound. That's where your brain crams more REM sessions, the period of time in which you dream, into a night a sleep. More dreams increases your chances of nightmares and also increases the possibility in which you wake up while you are in the middle of a dream, making it more memorable and vivid.
  24. It took 18 hours for Pfizer 2 to knock me on my ass. Decommissioned me for about another 18 hours. Couldn't regulate my body temperature to the point where my nail beds were starting to turn purple. Just couldn't hold onto body heat, then it went the other direction and gave me a low grade fever for the last 6 hours.
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