Spekulatius

Yes, it happens more with Fidelity than with Interactive Brokers but I had this happening with both., typically only with odd lots. On OTC markets I have had trades going though outside the bid/ask range for full lots as well.

I have had this happen (trading outside the trading range) quite a few times but it’s almost always with odd lot trade executions in very thinly traded securities.

The problem for a restaurant , especially fast food is that the simplicity goes out the window. These restaurant live of simplicity and if you do not know what the meal you order costs any more and it becomes like booking airline tickets, you may just consider simpler alternatives. I think McDonlds already solves this with their app - they made the regular prices high and to really get the discount you have to have the app.

Sold some CUERVO.MX which I bought for a trade a while ago.

My guess is as good as anyone’s, but I think the margins might end up higher than pre COVID-19. The situation with the vehicle shortage during COVID-19 is unprecedented and the fat dealer margins during that time will mostly reverse to more normal levels.

Adding a little $G here in some accounts.

SEB is not a great business, but they took at ~17% of outstanding shares buying back stock from a major shareholder group at a ~15% discount. Quite impressive. Shares when from ~1.16M to 0.97M in one scoop. Trading far below book value now.

Pretty good 5 min summary from Michael Clark of the current situation:

BlackBerry movie on Hulu: https://www.imdb.com/title/tt21867434/ Well done Movie, imo.

There is not one, there are probably hundred that lose all on option trades. ST option trades are zero sum games. This fellow seems to have some serious skill if you believe his posts.

Animal spirits are still alive: $20M starting from $2M…

Nuclear power is much more expensive than NG power plants right now. I can’t imaging anything beating power generation at <$3 MCFE right now, not even coal. I agree Ng is oversupplied in the US - all the more reason to export NGL right now not ban/ stall export licenses.

I did not like Dumb money. I felt that the actor portraying Roaring Kitty was bland and felt the story was poorly told. On True detective /Night Country, I personally liked the show, but I agree there was some weakness in storytelling especially Ep 3&4. I did feel they tied it up decently at the end. Acting was great.

WEB made it clear that he won’t buy OXY outright. Only insurance is thriving. BNSF seems to trail peers and BHE energy has hit a pothole. The remainder (manufacturing etc) is flat.

Sold $GEHC in tax deferred accounts. This was just a starter position. GEHC seems fully valued to me.

TSMC

Sure, but I want to build cash in one of my tax deferred accounts. I don’t expect $C rise from the ashes to be without hiccups either.

Well NVDA is not a manufacturing company - they don’t build their own ships, they just design them.

Reduced $C a bit and sold my highest cost shares in $RI.PA

Yes, the gold rush analogy is a pretty good one. We don’t know how much gold rush is out there, but there is plenty of money sloshing around to buy shovel’s (NVDA chips). Eventually there will be an AI winter where funding dries up and only the most worthwhile projects and upstarts will receive funding. Thats a while out though.

lol. There are a bunch of live stream with $NVDA ticket now on YT.

Now that’s an development I did not expect, although a deal makes sense as there are quite a few synergies. I don’t think COF can afford to pay cash, so I think the deal is either stock for stock or stock and cash.

Another thing to consider is that the Trump tax cuts from 2017 are due to expire in 2025. I can see this becoming quite a political issue and if they expire, it’s going to be a huge headwind for stocks. https://www.taxpolicycenter.org/taxvox/buckle-2025-promises-be-historic-year-tax-and-budget-policy

The important thing is to start going in the right direction far enough that the average person see some tangible progress. That makes it likely that whoever is going to be elected next keeps doing the same thing.

The Hertz warrants are $4.37 while the stock is $7.37. I think the warrants are a very long dated call at a $13.8 strike with a 2051 date. I don’t think it’s that attractive unless you are very bullish about HTZ stock price.