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Wally Fairway

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Posts posted by Wally Fairway

  1. 16 hours ago, Armybrat said:

    Oh, they know for sure. 
    My high school grandson asked for, and received a little kiln furnace to melt metals as a hobby a couple of years ago. I bought him a mold and gave him some scrap sterling silver to make his grandma a nice cross for her birthday last year. Took him 3 tries, but he succeeded with this nifty result...
    (it is kinda heavy, but she loves it)

     

     

    958BA48A-0DD4-4461-BB04-5D6786E791DF.jpeg

    Hey - the Sugar Daddy thread is that way ----->

  2. 19 minutes ago, jimmyjazz said:

    100 years.  Lulz.

    I'm pretty sure, now that the technology exists to quickly create vaccines, the drug cartels will start to make & release a new virus (or variant) in much more frequently (he types while wearing his tinfoil hat)

  3. 3 minutes ago, Brisketexan said:

    https://www.news-medical.net/news/20210608/No-point-vaccinating-those-whoe28099ve-had-COVID-19-Findings-of-Cleveland-Clinic-study.aspx

    In fairness, the Clinic did follow up to say that more info is needed, and we know for sure that getting vaccinated works, so if you can, still get vaccinated:

    https://newsroom.clevelandclinic.org/2021/06/09/cleveland-clinic-statement-on-previous-covid-19-infection-research/

    But the point is....data is pointing to prior infection contributing to overall herd immunity.

    From what I've seen, they are only counting vaccinations.  But if prior infection means immunity, then the reality is that we can add double digit percentages to the percentage of immune persons in the US.  Which would seem to track with the overall decline in cases - that level of performance makes sense if we've actually got 60-70% of the population immune already (vaccinated plus prior infections who aren't vaccinated).

    I think it gets tricky with the numbers, because there is a way to track and count the number of vaccinated people; but not so with those who were infected. And then you'd have to try and not double count the people who were infected and then got vaccinated (raising my hand)
    I was never sick, but sometime between my November blood donation (negative for antibodies) and my February donation (positive for antibodies) it seems like I contracted Covid. And then in May I got me some J&J. 
    Like everything else related to the pandemic, there is very little of it where there is a clear direction. IMO some states will count prior infections and some will not, and based on those calculation things will continue to ease but at different rates. A lot will be learned from this pandemic, but I won't be around in 100 years when the next pandemic, hopefully not before, hits.

  4. 5 minutes ago, Brisketexan said:

    Cleveland Clinic just released a study that indicated that prior infection provides immunity that's as effective as a vaccine.  That's important information, ESPECIALLY for countries with smaller vaccine supplies deciding how to allocate them.

    link please - is the duration as long as the vaccine, because there are many elements to effectiveness. I'd still take the vaccine, so I don't have to get the virus to obtain (or maintain) immunity. 
    But maybe that is just me (I'm thinking my dead FIL would opt for the vaccine, instead of dying from Covid - but then he didn't think they were effective) 

  5. 4 hours ago, Wally Banger said:

    Uh, can this be right?  Cole Hammer...FIVE PUTTED?! from eight feet???

     

    Palmetto Championship at Congaree - TOURCast (pgatour.com)

    Yes - looks like he missed 32 feet of putts, starting with an 8 footer ..... looking for video
     
    Quote
    Shot 7 in the hole
    Shot 6 putt 3 ft 3 in., 12 in. to hole
    Shot 5 putt 9 ft 0 in., 2 ft 0 in. to hole
    Shot 4 putt 10 ft 5 in., 6 ft 9 in. to hole
    Shot 3 putt 11 ft 9 in., 3 ft 4 in. to hole
    Shot 2 40 yds to green, 8 ft 1 in. to hole
    Shot 1 336 yds to left fairway, 41 yds to hole

     

  6. 1 hour ago, Blotto said:

    Relative to market cap, I should say. 5 yrs ago, GME did twice what they do today  in sales and actually made money. Now they lose plenty of money and need to completely revamp their entire business to remain relevant. Yet their market cap is 10X what it was 5 years ago. There is no way to justify their current market cap as a retail operation. Its just market fuckery, which will have to last for years until they create a new identity. 

    On average, successful retail stocks typically trade at 1X sales. GME is currently trading at about 5X sales. They are basically priced today as if they have already turned the business around completely  and conduct 100% of sales online. But they don't. I remember when JCP hired the apple retail chief as CEO to turn around their business....it didn’t go well. Just hiring new people doesn’t mean shit. Maybe Chewy and friends succeed, maybe they don’t. 

    It seems to me that the better comparable is that they are being valued like they are a start-up, and everyone is hoping that the "new" business model really dazzles and attracts VC, hedgies or a buy-out. 
    I gave up on believing in an efficient market theory years ago; the market is irrational and can stay that way for a very long time

     

  7. 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.

  8. 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%

  9. 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

  10. 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 😉

  11. ·

    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.

  12. 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 

  13. 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

  14. 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

  15. 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

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