matthew2129

NXST has a $2B buyback authorized as of Friday, with a market cap of $6B

This thing isn't staying in the mid 20's once its confirmed DFV is out. My guess is Cohen issues a special dividend of ~ $5 per share once its trading closer to $15. Too much of Cohen's net worth is tied up in this thing, but he doesn't want to sell for appearance purposes so a special divy is the best way for him to cash out of this clown car show

His two options now are to either let his 9 figure option position expire worthless or dump everything on Monday and face the next 3 years defending himself against criminal charges

Gotta love how he reiterated "i reserve the right to change my mind" at least 5 times. Def trying to stay out of prison after he dumps his heavy ass bags onto his idiot followers

LOL. this is ATM offering

Roaring kitty followers literally just wire money from their bank into his, then kitty disappears. Redditors are not making money from this. The fact that living breathing ppl are dumb enough to think that roaring kitty is helping them is hilarious

Read Section 9 and 10 of the 34 Act....

Aren't credit ratings explicitly just an assessment of the issuer's ability to pay contractual interest and principal when due? If they were rating "real" returns then shouldn't Berkshire's and Microsoft's bonds with coupons of <1% issued in 2020 be getting downgrades?

+1

The whole FTX debacle is just another prime example of why we need start bullying nerds again

I know that fridge, it is a fine fridge, but I would never pay over $45 for it personally

Aren't they explicitly not selling any and just allowing current holdings to runoff?

Hopefully for a while, though over the long term combined ratios have been strongly correlated to interest rates

Today's 4.08% intraday high on the 10yr yield felt an awful lot like the top