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hornhorn

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  1. hornhorn
    No. It isn't interesting because you post SURVEYS. But here's the actual data from the Bureau of Labor and Statistics: Real average weekly earnings up 0.9 percent from September 2018 to September 2019 https://www.bls.gov/opub/ted/2019/real-average-weekly-earnings-up-zero-point-9-percent-from-september-2018-to-september-2019.htm It(lies) also isn't funny.
  2. hornhorn
  3. hornhorn
    Fair enough.
  4. hornhorn
    Maybe not 10 but the last 5?
  5. hornhorn
    And how does it make you feel?
  6. hornhorn
    NFL drafted 8 out of the 11 players from OU's Offense last draft, their rookie QB in a shitshow of an NFL team is carving up opposite defenses(which shows he was clearly a difference maker) and yet they "adjusted" enough to be the number one ranked Offense in the country again. While Sam in year three throws 4 interceptions against TCU.
  7. hornhorn
    This also coincides with being the best TCU teams and worst Texas teams. Once the balance is restored, you'll be back into the oblivion where you belong.
  8. hornhorn
    Is it? Because according to the last US News rankings UT was 48th twenty spots behind Florida. And behind every school in the UC system.
  9. hornhorn
    Close. They are also missing something that rhymes with rain.
  10. hornhorn
    Maybe because you need something to be mentally present. Hint: It rhymes with rain.
  11. hornhorn
    Well....there goes Sam's Heisman.
  12. hornhorn
    Touchdown Dividend. -- Bruh Man for president.
  13. hornhorn
    Lets go!!!
  14. hornhorn
    Amazon after a 8% down move yesterday AH, almost recovers back within one percent. And bunch of earnings to be reported next week:
  15. hornhorn
    It did that last year because FED decided to raise rates and said that they wouldn't expand the Balance Sheet. The entire market came down because of that. They are saying exactly the opposite this year. Amazon was expected to have an EPS miss because Bezos mentioned in Q1 conference call that this year is going to be the year of investments. One day delivery in particular is where they are spending a lot of resources. All that to say, if I were a buyer, I wouldn't mind buying the stock in parts. Dollar cost average down or up if you need to from here.
  16. hornhorn
    I'm glad bought a 1700-1665 put spread expiring tomorrow as a hedge against 1740-1950 call spread expiring in Dec. I suppose it will cover my would be losses at this point.
  17. hornhorn
    That's the risk of investing, sometimes it turns to zero sometimes it yields handsome returns. And they are investors in that role and not employees because a secretary buying stock at P&G and retiring with $5 million in the said stock twenty years later isn't because she was a great secretary but was a great investor. So again he's stealing from those said investors. The only difference is investors invested with actual money, employee-investors invested with their work in lieu of money.
  18. hornhorn
    Amazon, Intel, Gilead, Visa and Verizon all report today after close/tomorrow before open, anyone playing these stocks or their derivatives?
  19. hornhorn
    How is he taking money away from employees? Are they not getting compensated for the work they're doing currently? And what do you mean fraudulent growth period? The growth was valued by investors, its getting re-looked at by investors and they've decided that it isn't worth what they thought initially. The goal of this company wasn't to provide economic benefits but to cultivate a return for those investors because they were the only ones with something at risk. Employees showed up after everything was set up and claimed and are claiming what's theirs every two weeks whether WeWork turned profit or not. It didn't and they still get to claim their wages. Investors didn't. The only people that Neumann is taking money away from are the investors, not employees.
  20. hornhorn
    But then you're conflating two issues. One involves valuations of epic proportions(2001) or leveraged risk of epic proportions(2008, where banks borrowed 33 times their capitalization) and fraud(by borrowers who forged pay stubs and tax records, mortgage lenders and bankers when they looked the other way and ratings agencies who stamped AAA on all those loans). This is an investment by accredited mostly international investors with high net worth where leverage multiple isn't high enough to disrupt credit markets. A lot of it cash investment, now you could argue whether this is the best use of cash but hindsight being 20/20 and all its not a valid argument. This is a direct flow of money from the rich to the working class in the form of jobs/salaries, albeit for a short while.
  21. hornhorn
    Twitter down nearly 20%. Anyone piling up?
  22. hornhorn
    Neumann's risk ended the day he convinced Masa Son to go all in. Anyone complaining, can go convince Masa Son or multitude of other VCs out there about an idea you have and there will be no risk for you as well. And JFC you do not understand what's happening here. They aren't just buying out his stock, he has controlling interst even AFTER selling his stake in WeWork. That's what Softbank is buying out from him by giving him another billion and consulting fee etc. Now why would Softbank agree to give Neumann ordinary shares AND overriding control? Go ask them. But its their money and they can do what they want with it. The investors invested in Softbank will vote with their wallets come the next fund raising round due to this.
  23. hornhorn
    Startups are staying private longer and longer where all the easy money is made before it goes public. Market saw this with Uber, Lyft, Slack etc. and was already weary of these "startups". So WeWork had to package this turd as gold which isn't even a new concept. Its basically "hipster Regus"(not my term, I stole it). And went to task, and here we are.
  24. hornhorn
    But this isn't Wall Street. It was stopped before it could hit Wall Street. Wealthy private investors funded this organization with their own private money, voluntarily. This is where a stupid concept created jobs where there really weren't any. So you basically had flow of money from the rich to the poor/working class because the ultra wealthy thought they could make even more money or because of their fear of missing out. I'd argue this is one of the good things about capitalism where the blind greedy herd gets culled while the working class made some money through it. I don't understand your problem with this.
  25. hornhorn
    WeWork to layoff 2000 employees. I'm not sure how much of this is true but I found this post from one of WeWork's current employee, sort of explains their cash woes:

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