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Wally Fairway

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Posts posted by Wally Fairway

  1. Thanks, but I'm only interested if I'm going to the Masters

    mail?url=https%3A%2F%2Fs3.amazonaws.com%2Fmasters-images%2FANWA-Header-Web.jpg%20&t=1623241713&ymreqid=9efe9705-db08-0215-1c7b-310018010d00&sig=YpXdY9H1rSDOXtxwmsVDUA--~D

     

    2022 Ticket Applications Now Available

    We are pleased to share that online ticket applications for the 2022 Augusta National Women's Amateur are now available at ANWAgolf.com. Applications will be accepted through June 21, 2021. Following this deadline, available tickets will be awarded through a selection process. As communicated previously, all 2021 ticket holders of record who apply will be guaranteed the same tickets for 2022.

    Only one application per person or address (one per household) will be accepted, and all applicants must be 21 years of age or older.

    To complete a 2022 ticket application, visit tickets.ANWAgolf.com or click the button below.

  2. 7 hours ago, Wally Fairway said:

    I'm looking over a 4-leaf clover, that I overlooked before

    CLOV getting the reddit meme push today up 71$ to $20, and the options chain ends at $20, so I bought a few of the 6/18 expiry, now looking at the 7/16's 

    That should have said 71%

  3. 49 minutes ago, deadshank said:

    Personally, I pay as much as I can. 

    There is no way that I would ever ask questions to inform myself about tax ramifications, ask for tax advice, plan for tax savings, pay an accountant and incorporate legal tax strategies based on current tax code and tax law.

    I like taxes. 

    Will you let me pay yours?

    That sounds like something a poor person would say

  4. ProPulica - Secret IRS Files report

    https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax

    Buffet is the king of tax efficiency - paying 0.10% on his wealth gains 2014-2018 (well no shit - its unrealized gains)
    Bezos had the largest wealth increase - and payed less than 1% on his wealth gains

    ProPublica uses the term "True Tax Rate", but taxes haven't been paid on unrealized gains; that said they say there will be follow up article(s) going into how the fat cats avoid taxes, exploit loopholes and escape federal scrutiny.

     

    Keep the CR comments to a minimum, so this doesn't get move to that shithole 😉

  5. ·

    Edited by Wally Fairway

    11 minutes ago, Angry Gorilla said:

    I have a question for you GME/AMC diamond apes...

     

    I've seen people (mostly on other sites) claiming they are holding until ridiculous prices like $500K.  Assuming these hedge funds start getting margin called and forced to cover their positions and the price skyrockets, isn't there a price point where the hedge funds don't have the money to cover the positions?  If they are short tens of thousands of shares, where do they come up with the capital to cover if the prices hits $10K, $50K, $100K, etc.?  What happens then?

     

    Next question, if all the short positions are forced to cover and the price does shoot up to $500K, how do the retail holders cash out?  Every transaction needs 2 sides, and who is paying $500K for a single share of a company not currently turning a profit?  Isn't the smart move to sell some shares on the way up, and not hold out for an astronomical price point like $500K?

    It creates market havoc; see Archegos hedge fund collapse circa March 2021. In the end, if the fund runs out of money to cover the short, then the brokers/banks that lent them the shares are on the hook to replace the shares that were shorted but that their customer was not able to cover.

  6. I'm looking over a 4-leaf clover, that I overlooked before

    CLOV getting the reddit meme push today up 71$ to $20, and the options chain ends at $20, so I bought a few of the 6/18 expiry, now looking at the 7/16's 

  7. On 6/2/2021 at 2:24 PM, Blotto said:

    Gotcha. I maintain a modest collection of super cheap OTM SPY puts that would benefit from a  quick market scare. Most expire Friday but I just bought a couple of hundred bucks worth of 419 SPY puts that expire today for .14 and sold off half already for .28 bout 10 minutes later. Last time we went through this with gme and friends , there was a nice SPY drop (temporary of course, stonks only go up) . Free riding today, still under water on my Friday puts.  

    What a waste of a day - pissed away $450 on SPY staddle on friday 419/425; then again a 1-day ALPP greenie is nice. 
    LOL celebrating getting closer to $4, when the hype was all about heading to the moon; while actually stalling out at the lower atmosphere

  8. Final Qualifying is today

    https://www.usopen.com/qualifying/final.html

    Local kid from near where I grew up always plays in the one at Springfield, it must be his favorite course as he has the lead again this year; I think this year would be his 5th year qualifying there. He is a tour journeyman/grinder, 1 career win (rain shortened event) and over $10.5 million in career earnings  

    https://www.usopen.com/qualifying/final/springfield-country-club-ohio.html#!&tab=results

  9. 1 minute ago, Blotto said:

     refresh my memory. those are all stocks Melvin is supposedly short? 

    I think the top few were - I really don't remember how or when some of those were added.
    It is likely that it is a list I stole from somewhere in Reddit, and made a tracker in MW

  10. 23 minutes ago, Brisketexan said:

    Russia is happy to harbor cyber-terrorists and thieves who fuck with our infrastructure and economy.

    We need to fund/support a similar effort to hit them where it hurts: the pocketbooks of the oligarchs who keep Putin in power.  Empty a few of their bank accounts.  Hack into the systems of their villas, and cause a fire to burn them to the ground.

    They want to fight this low-intensity war?  Then let's fucking fight.

    You want to get the Russians full attention, cyber-attack their vodka production

  11. ·

    Edited by Wally Fairway

    Quote

    2022 Masters Ticket Information

    The Masters Tournament is pleased to announce that 2022 ticket applications for Practice Rounds and Daily Tournament tickets are now available at masters.com. Available tickets will be awarded through a selection process after the designated deadline date. As communicated previously, 2021 ticket holders of record who apply will be guaranteed the same tickets for 2022.

    As in the past, only one application per person or address will be accepted (one per household) and all applicants must be 21 years of age or older.

    To complete the 2022 Masters ticket application click the button below.

    If your email address or home address has changed, do not create a new account. You may edit your information once you are logged in or you may contact the Ticket Office for assistance.

    Getting rejected for Masters tickets - A tradition unlike any other 
    Pretty sure I'm around 25 years of rejections; this is just like an abusive relationship, I just can't quit it

     

    But hey - at least they let you know when to expect your "Dear John" letter

    Quote

    The selection for Practice Rounds and Daily Tournament tickets will take place after the June 21, 2021 application deadline and all applicants will be notified in mid-July when the process is complete.

     

  12. ·

    Edited by Wally Fairway
    Spelling

    6 hours ago, Coelenterate Fuccboi said:

    I sold half. If it goes up, no big deal, I still profited 20%. If it goes back down, I can repurchase my shares. I’m tired of riding up and back down without realizing some gains.

    Yup, I'd sold some when it popped up, can't go broke taking profits. And then I bought more when it dipped under $0,80. Hoping it turns into a double, or better 

    I'm not looking for a ride to the moon, but I love taking multiple sub-orbital journeys

     

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