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Crnr2Crnr

USA Contributing Member
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Everything posted by Crnr2Crnr

  1. Some of America's best-known corporations are saying their consumers are being pinched by inflation as prices continue rising. Inflation has dominated corporate America's discourse over the past three years following the pandemic-induced easing of monetary policy and trillions of dollars in Covid relief. Though the pace of price growth has cooled since the Federal Reserve began raising interest rates in early 2022, consumers are still feeling the squeeze — and often tightening purse strings — as costs continue climbing. "It is clear that broad-based consumer pressures persist around the world," McDonald's CEO Chris Kempczinski said on the fast-food chain's earnings call early Tuesday. "Consumers continue to be even more discriminating with every dollar that they spend as they faced elevated prices in their day-to-day spending." https://www.cnbc.com/2024/04/30/companies-from-mcdonalds-to-3m-warn-inflation-is-squeezing-consumers.html is world and global the same thing?
  2. Trump Media now has a combination of other factors that make for a high risk of another plummet. Here is the list: First, the fundamentals are significantly weak, offering only a paltry level of "real" support for the stock price in the single digits Second, the 50% increase in common shares, by itself, cuts the price per share support by 1/3. Those shares are just now being registered, so the official adjustments in the per share pricing and valuations are approaching Third, the registering for "resale" of the enormous 204M shares now issued. The majority of the shares are not tradable (in any form) until the SEC approves the registration. Today's fewer outstanding shares will give way to both a major increase in shares and the addition of different investors Fourth, "investors" should be in quotes because many shareholders come from having lent money to the company in the form of convertible debt. The "repayments" were forced conversions into common stock at the time of the merger. Will these new investor-lenders want to hang around, now that they have common stock shares? Probably not, especially after witnessing that recent selloff from $70 to the low-$20s Fifth: True irony - There were important supporters and companies who helped create and oversee Digital World Acquisition Company' operations from 2021 to early 2024 that have now been sued by Donald Trump for various reasons. They all disagree and have filed counter-lawsuits. (It is the reason for escrowed shares - the lawsuits continue). So, do not be surprised if these shareholders are willing sellers Sixth, there are sizable shareholdings that were acquired at prices below the $10 IPO price. That means that even if the stock price falls below $10, they could still sell for a gain. Therefore, the $10 price level is likely only a temporary support barrier https://www.forbes.com/sites/johntobey/2024/05/01/trump-media-stock-djt-at-risk-of-a-new-short-selling-plunge/ damn those pesky facts and fundamentals...
  3. you can keep the belt drive as well. what a gimmick.
  4. https://www.nbcnews.com/news/asian-america/13-billion-powerball-win-draws-attention-little-known-immigrant-cultur-rcna150109 good for Charlie
  5. idk, but I did kick his bee hive when he walked in. he can literally live anywhere though if he wants out bad enough.
  6. what's funny is... these are just 'normal' interest rates. I'd like to see 10%
  7. who is 'they' Pete? I was hoping 'they' would as I have a couple CD's coming to term in May and June.
  8. just kidding...
  9. yup... Maga sure is.
  10. disagreements...
  11. honest to God... he stopped by today at lunch and hung out in my office for twenty minutes while I ate.
  12. gotta hand it to the pro Palestinians... they're smart enough to wear masks and conceal their identies, unlike the J6:ers Ray really thought it through this time
  13. friend of mine was going to leave if Bush2 got a second term... he's still here and threatening the same thing again. for amusement I email him real estate listings for South America all the time.
  14. and deserve nothing...
  15. only the best people...
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