Gregmal

Speaking of this, noticed UBS upped their STX target from $545, to....drumroll, $860....why? Nothing changed, stonk went up. Thats how they do things these days.

Was this just some roundabout way to steal the SOH...cuz starting a war, and then using the counterparty's response to then militarily seize the asset and then charge tolls is......a bit out there lmfao

Finally got my first round of CBRS shares, and immediately spiked them into the bid.

Totally. Bundles with live TV are now just as, if not more expensive than most cable packages were

Jesus fuckin Christ lol society is certainly lost when the answer to everything is “let’s ask AI”….

Yea this is disgraceful and unjustifiable. At least the top floors have AC tho

37 years ago is like 2 @whatstheofficerproblem lifetimes lolz. Both my parents met in the city in the early 80s. 15 years ago was pretty wild, and I can’t even imagine today’s scene.

Yes I do. I'd tell them the same thing. You go to NYC to make a shit ton of money and party. You dont go there to find a spouse LOL

Honestly, theres so many career obsessed whores in the city that you can just be the happy male equivalent. As long as you're not expecting or looking for a wife, you'll be fine LOL

Oh I was born and raised here lol. I just had a shitty family situation and my work became the escape from it. So in my 20s family was not a distraction since I didnt have much of one myself at that point.

Oh look, oil being pumped on a news piece! Hopefully this time people learn that this is speculation bidding up the price...not supply and demand.

I was in a similar situation starting off...they were technically here, as in location...present, but otherwise not relevant in my life, and it's such a huge advantage getting off the ground. Honestly, the less you have, the more drive and focus there is to go get something for yourself. You're gonna do quite well if you just stay focused. Dont let the punani get in the way either LOL

Yea IDK exactly. I just think when you even do an itty bitty little bit of work, arriving at a price target around $400, and then in 1.5 months seeing that number 3x and yet still seeing people buying at those prices!!!! obviously thinking/preying/ expecting MORE upside? Like my odds.

100%. Ive always found impacting individual lives creates for bigger ripple effects than giving to broad organizations run by the wives of rich dudes who want tax breaks.

So maybe 18 months ago, a few of us did some work on STX, which at the time was trading in the $80-120 range. Right, the AI trade was already a bit long in the tooth, but the general idea was that the memory stuff was the last leg that needed a repricing. Of course the reason it was the last to rally after years of anything AI gains, was because it was and always will be a shitty commodity type cyclical biz. Nevertheless we ran a whole bunch of different scenarios, and even in the most optimistic blue sky scenario, the highest price we could arrive at for STX was about $400 per share. After exiting in its entirely this past April, the stocks of STX and all its peers then basically did a 3x. Classic blowoff top. Nobody, and I mean nobody when you ask them why you would ever pay $1000 per share for Seagate, can give you even 1/10 of a reasonable answer within the framework of how we arrived at $280-410 price targets 18 months ago. At best, you get some vague crap about "AI gonna be big" and "higher for longer" on memory prices. Which still no where remotely justifies even $500 per share. So end of the day, it's some legit analytical worked overlapped primary with a gut feel for where the cycle is. The majority of my most prosperous investments/trades have been gut feel calls. If it doesn't work out I can maybe at most lose MSD of my capital. NBD.

Yup, same way the Dominican/Caribbean kids whom learn growing up how to play baseball with bare hands, using little more than bottle caps and broomsticks run circles around the kids in more developed countries. Heck it was even night and day going from NJ to FL, where the rec teams in FL are worlds better than the Northeastern travel teams for little reason other than how frequently and easily they get to be on the field.

Ha I mean the only thing really permeating of late is wondering why every single numb nut Fed official and politician wants to talk about the horrors of inflation because of oil(war...DUH!), or heck BBQ prices(meat derivative)...but we all dance along oblivious as to why memory prices are A-OK having gone up 10x as 3-4 main guys sport 80% margins....is Liz the Indian still hammering home how unacceptable BX's 40% NOI margin is on rentals, or about big builders still having 20% margins financed by double digit construction loans? The more things go on, the more it seems the masses are just totally losing track of the things that are relevant to whats happening.

Man I havent even really been posting here that much, not deliberately, just cuz things are quite boring politically of late, and outside having to briefly come back to curb stomp some turd covered gnat(whom detests my political commentary yet then begs for it when Im no longer giving it) and still, the sirens songs of COBF keep trying to pull me back in!

LOL I was being sarcastic. These chip stocks are one of the easiest shorts Ive ever seen here

Bro, its still at 7.75x generational cycle peak EPS if you extrapolate the most recent Q....

I'll be there for that too. NFL despite being more mainstream in USA, has an even bigger issue with the legitimacy of the sport issues. Guys can no longer hit without fear of stupid penalties being called, QBs have gone from 1/11 to no contact players. The refs completely control the game with the ability to award virtually unlimited yardage on pass plays and otherwise hand out 15 yard, game changing penalties at will and with no video review options. If you like football, college is way better, although thats taken hits recently too cuz of the NIL stuff.

Nah. You just don’t get it. Much of sports is highly irrational. Why did Kobe go practice at 11pm, for 2 hours, immediately after a regular season game? Why do guys take substances detrimental to their health? Theres certain things largely considered players code, unique among elite levels of athletes. Unwritten rules of sport. If you can’t tell the fundamental difference between sign stealing, trying to sell a penalty, attempting to injure a player on the field by legally hitting him hard, and lobbying to prevent someone from playing before the game, thats ok.

Soccers never been a big US sport. Once they lose 90% of the bandwagon will go back to not caring. Same thing happened with hockey during the Olympics. Theres other more deserving, let alone better teams still playing, including Belgium. Which was my whole point. Belgium is the better team, should’ve just shut the fuck up and not embarrassed themselves by trying to keep talent out of the game, and beat them on the field.

Oh yea, gorgeous stadium. Check out a Braves game too if you’re able to. We re doing a trip next month. So much to do over there

There’s definitely varying degrees of it in everything. But agree 100% the level of toughness with hockey and probably even football is way higher. Broken bones, knocked out teeth, concussions, no problemo. Until recently at least. Never really had any interest in soccer, and still don’t. It’s like boxing. Great social watch event. But no credibility at the organizational level and a bunch of scheming and shenanigans that often overrun the games. Baseball now, is way different than when I was in college and what they’ve done is effectively eliminate all the whiny player bullshit by bringing in challenges with video replay and now even balls and strikes. There is no more this nonsense of “blame the refs(umps)”. Contrast that to the NFL where it’s ref ball and every hold or PI is subjective. Ruins it. College is a bit better cuz the kids definitely care more and you have 15 yard limits on PI calls but the auto first down is still dumb. Hockey is basically a band of brothers a the apex of teamwork. Everyone gives it all. You sacrifice so much from a young age playing. Going to practices 45 minutes away, at 4:30am before school, 3-4 days a week. God bless the parents too. Basketball and soccer(and to a degree baseball) are way more popular though because they’re easy to play in poor countries. They require no commitment from parents quite often, and facilities can be makeshift…And also apparently teams of 11 want to play against teams of 20 or whatever lmfao