Recent comments in /f/wallstreetbets

jasandliz t1_j6ouhkq wrote

They now have policies to at first tell you their records only go back so far and than offer you a refund the lowest discounted price they sold it for. They say this When they have easy access to all of your transactions no matter how far back. The cashiers also make you feel like a jackass and say things like “it looks like you got your money’s worth”. This is my experience recently. It really REALLY changed my opinion about Costco and there return policy. The policy is “no, sorry no record of this” followed by “well maybe my supervisor can approve this but not for what you paid for it” then when you raise hell, suddenly they find your transaction and say “of course we would never not let you return it”. This is procedure for profit and it is NOT what the return policy states.

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CrimsonGlacier t1_j6oueif wrote

“If people want to live like this– with their cars and their big fucking house they can’t even pay for… then Wall Street is necessary.

The only reason they all get to continue living like kings is because we’ve got our fingers on the scale in their favor.

If I take my hand off? The world gets really fucking fair really fucking quickly and nobody actually wants that. They say they do but they don’t.”

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VisualMod t1_j6oudnb wrote

>There are a lot of terms associated with stocks and the stock market. Some common ones include "bullish" and "bearish." Bullish refers to an expectation that prices will rise, while bearish refers to an expectation that prices will fall. Other terms you might hear are "dividend," which is a payment made by a company to its shareholders, and "IPO," which stands for initial public offering.

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BertAnsink t1_j6ou7yn wrote

The low price is only for this months and next months contracts. Like June is already over $3. So if you want to buy and hold it, it will cost you money for rolling your positions.

​

There is normally seasonality too for the QG contracts.

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Fausterion18 t1_j6otu08 wrote

> You dumb ass they were talking about the par value of the lots that compose the MBS.

You dumbass the par value is always 100. The traders were lying and claiming they bought it at 97 or 95 whatever.

Goddamn you clearly don't know shit about bonds. img

>They weren't just selling the MBS in the firesale, they were selling the mortgages they used to make the MBS
>
>This is literally spelled out for you in the board meeting.

You can't sell a mortgage over a trading desk like this idiot.

They were selling their own originated MBS and pretending like they bought them for trading purposes.

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