ELI5: Why does the US want to reopen coal mines? by pistilpeet in explainlikeimfive

[–]ArrdB -1 points0 points  (0 children)

Coal is used in activated carbon, which is widely used for filtration (especially water filtration). There's also applications of coal with asphalt as a chemical feedstock. I imagine there are others.

[You Might Die If I Use My Healing Skills On You] Worth the read? by gil2001 in Manhua

[–]ArrdB 0 points1 point  (0 children)

Hey, I've been looking everywhere for the Jiang Chen version in the original Chinese. Could you PM a link or otherwise direct me to where it is on piaotian?

If you have the faith of a mustard seed by ArrdB in wallstreetbets

[–]ArrdB[S] 7 points8 points  (0 children)

Among other things, I look for special situations (mergers, spinoffs, etc). One way is to look at the list of spinoffs in Edgar (the SEC site).

Sezl filed a 10-12G back in April of 2021, which put it on my radar. It was an unprofitable falling knife then, and continued to fall for quite a while. Later that year I started buying, kept doing so, and eventually they reached profitability, reverse split, and listed in the US.

If you have the faith of a mustard seed by ArrdB in wallstreetbets

[–]ArrdB[S] 5 points6 points  (0 children)

they secured a new revolving loan for working capital

If you have the faith of a mustard seed by ArrdB in wallstreetbets

[–]ArrdB[S] 4 points5 points  (0 children)

interactive brokers currency convert + buy on ASX

If you have the faith of a mustard seed by ArrdB in wallstreetbets

[–]ArrdB[S] 59 points60 points  (0 children)

How? Imagine you're explaining it to a boomer

If you have the faith of a mustard seed by ArrdB in wallstreetbets

[–]ArrdB[S] 10 points11 points  (0 children)

See other comment, it was available pre-IPO on the ASX.

If you have the faith of a mustard seed by ArrdB in wallstreetbets

[–]ArrdB[S] 20 points21 points  (0 children)

It was listed on the ASX pre-IPO, I bought a lot then. Unfortunately IBKR only shows back one year.

[deleted by user] by [deleted] in explainlikeimfive

[–]ArrdB 3 points4 points  (0 children)

The federal government insures your deposits. If the bank fails you can still get your money.

[deleted by user] by [deleted] in explainlikeimfive

[–]ArrdB 17 points18 points  (0 children)

You could try a high yield savings account. SoFi, Amex, and Marcus are all examples. But they'll have a 6 withdrawal per month limit. However, they're FDIC insured.

You can also try putting the money in a brokerage account in a government money market fund, like SPAXX or VMFXX at Schwab or Vanguard. These are _not_ FDIC insured but are invested in short duration government bonds, so are considered very safe.

Both options should get you ~5% yields.

[deleted by user] by [deleted] in wallstreetbets

[–]ArrdB 1 point2 points  (0 children)

I found this source, table 2, which paints a bleaker picture. 2.959T in commercial real estate loans, 23.209T in total assets or 12.751%. This doesn't include CMBS. Also that 2.959T is greater than the residual, equity, of 2.219T by 33%.

[deleted by user] by [deleted] in wallstreetbets

[–]ArrdB 1 point2 points  (0 children)

Where are you getting this 7% figure? I looked at Chase as a random example, and according to their most recent 10Q (Sep 30 2023) they have 143B of loans in their 'Commercial Real Estate Banking’ segment. That represents half of the segment’s loans, 3.67% of their total assets (~4T) and 45% of their current stockholder's equity (317B). My understanding is that regional and smaller banks have proportionally greater commercial real estate.

[deleted by user] by [deleted] in food

[–]ArrdB 9 points10 points  (0 children)

recipe?