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arch_8ngel

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Everything posted by arch_8ngel

  1. I don't really think I'd compare investing in a tech behemoth (though there are plenty of tech companies I'd rather buy that Google/Alphabet) with buying an oil-and-gas exploration company that is getting crushed by the current oil war. Your real question with Apache, is it more likely to double or go bust entirely...
  2. Nice. I played the original at Sears as a kid and thought it was tough as mails, at the time (though I think the M82 was only giving 6 minutes of play time) I picked up the GB game when it was new and mastered it. Once I revisited the NES game I thought it was pretty straightforward (all comes down to figuring out how to get the upgrades)
  3. I saw a comment about them yesterday that summed up my feelings on them perfectly. I used to like them (at least their stuff that had radio play in the 80's through the mid-90's)...but their more current stuff is so off-putting that it makes me retroactively dislike their old stuff I used to enjoy.
  4. I doubt it is that big of a deal, beyond contacting the bank and having them send him a check or ACH'ing to a new account.
  5. 1200 for individuals, 2400 for married couples, plus 500 per kid. Phases out between 75k and something like 95k AGI for individuals, double that for couples. (Payment decrements every 1000 above the first threshold) Would have made more sense to just pay 1000 to every social security number and do away with phase outs, because college kids are all screwed by the current arrangement, since even most working college kids are probably tax dependents of their parents, and the 18-24 age group of dependents are excluded and get nothing.
  6. They prefer to call it a "stimulus check". Remains to be seen whether it is a one-off or if they'll do another round of checks. The federal boost to unemployment is a lot closer to UBI, in that they're paying out something like $600/week on top of normal unemployment payments.
  7. Well, the proverbial "helicopter money" has arrived in bank accounts today.
  8. Don't worry, I'm sure you'll have another chance to buy them at $3 before this is all said and done... EDIT: though Burry holds over 5% of the company, now, so at some point here activist investors are going to add a layer of intrigue.
  9. The kind of volatility we've had in the last few weeks just makes the idea of using short positions seem insane. And the guys leveraging with options trades are getting it even worse. I am content to use certain days to get out of positions I don't want anymore, and others to average in for the long-term on companies I expect to be fine a year from now. (with a few riskier bets scattered around -- but nothing close to the risk magnitude of options or shorts)
  10. If you were willing to buy them at all, I'm genuinely surprised you weren't buying them when they were sub-$3.
  11. Didn't think that was a secret. That is the only practical approach, given the length of time to a vaccine.
  12. It is certainly what we all HOPED would happen with Trump, but he just kept firing anyone around him that made a passable attempt at competence...
  13. I made my initial buy of XOM too early, but if they maintain their forever-history of not cutting dividends, I'll be happy with the outcome. Definitely picked up some BUD along with KO and PEP, since beverages of all types are getting hammered due to school/event closings -- but of all things that will definitely "go back to normal" at some point, it will be junk-food drinking. Been averaging into broader ETFs as well. Still have more dry powder than is appropriate for my age to average in with, no matter whether things go up down or sideways, but psychologically it is a tough game to dump it all in at once, especially when watching the big down days during the volatility is taxing enough on the emotions!
  14. Yeah, my point wasn't that current rocket technology is inadequate, from a power density perspective. But rather it is inherent to space flight that the costs are enormous because the safety hours (inspections, components testing, etc) are commensurately enormous and you are paying well paid engineers for that work. Aviation has high safety costs as well, but the fact that you are generally staying subsonic and within the atmosphere means the duty cycle on that safety inspection / maintenance is a lot more forgiving.
  15. No offense, but you don't quite seem to get how gov't agencies and funding work... NASA is just going to contract out the work to private companies like they have been doing for decades. The best engineers aren't at NASA, they are making real money in private industry. They even have a phrase called PDW for "people doing work" because it is the exception rather than the rule that someone at NASA is actually doing something rather than just managing the work of contractors.
  16. If every personal computer delivered involved thousands of man-hours of safety checks and then exploding tens or hundreds of thousands of pounds of expendables/fuel, then modern computers wouldn't be any cheaper than their early counterparts... The inflexible costs of our current space launch paradigm are enormous, and there is a fundamental limit to how cheap chemical rocket launches can get without compromising safety.
  17. More like the launch consortium (of major existing defense firms) vs new private companies like SpaceX. NASA doesn't really do a lot of their own work, any more than the military builds their own jets and missiles... But that new-private vs old-contractor race isn't what fuels input of government money. That will be the race with China or other nation-state players.
  18. We're alternating independent pizza places. The REALLY good one is also doing takeout growlers. Had them tonight. The good-but-not-AS-good place, happens to be owned by the family of my son's preschool teacher, so there is the social connection.
  19. Well, the suicide rate is going to tick up. (already in evidence at the Air Force Academy)
  20. Or...you have far fewer places to go, so more people end up at those places than would typically be there, increasing density in those places from people not following instructions...
  21. WEN is running a deal on generators (found via slickdeals). We need them rarely enough (even for all the storms/floods we get) that I've never bothered. But $400 for a super-quiet/low-maintenance generator to run the freezer and fridge, and charge video devices for the kids, seems like pretty reasonable sanity-insurance before we get into hurricane season.
  22. So I saw that Michael Pachter at Wedbush FINALLY downgraded GME (he was the last long-time hold out among analysts).
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