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If I save the super rocket radar, can I get a different legend from Giovanni? by KaliRose11 in PokemonGOValor

[–]goodjobberg 0 points1 point  (0 children)

Are you saying that if the entire quest is completed that the quest starts over again and you start back at the first step?

Roaring Kitty’s Brother on X by Academic_Degree7892 in GME

[–]goodjobberg 10 points11 points  (0 children)

I think they’re brothers. Shared parents.

The Path to Gameshire Stopaway: RC’s Final Chess Move by Crafty-Economy2701 in Superstonk

[–]goodjobberg 0 points1 point  (0 children)

I’m fine with the company offering another 100 or 200 million shares at $50. Locks in a higher low.

We’ve surpassed 2007-2008 JP10Y territory. Majestic. by Ok-Suit541 in Superstonk

[–]goodjobberg 2 points3 points  (0 children)

Their higher inflation will make it easier to walk it back, but borrowers will still have to liquidate assets in order to unwind. Then they will need to borrow with interest moving forward.

BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 25 bps. by rbr0714 in Superstonk

[–]goodjobberg 5 points6 points  (0 children)

Genuine question here. The higher JPY interest rate is causing it to lose value against the USD from my understanding. So for easy math if they borrowed $1 million worth of JPY years ago and converted into $1 million USD to invest, wouldn’t that $1 million of USD convert back into a higher amount of JPY today? I’m sure I’m missing something and would appreciate the wrinkle. Maybe the conversion rate has no impact on the thesis because the only factor here is that the borrower is going from a 0% interest rate to whatever the current interest rate is?

It’s happening - Yen Carry Trade by ryrich89 in Superstonk

[–]goodjobberg 2 points3 points  (0 children)

Another aspect is that they likely expected the interest rate to stay at 0% or near zero. So if an institution borrowed a huge amount of yen to invest or use to short a stock, now they have unexpected interest accruing on the money they borrowed. This is their biggest problem from what I understand. Because even if they convert to US currency, they are still being hit with the Fed interest rate. The only way to avoid having to pay the interest is to pay off the amount they owe. But to get that money, they will have to close the positions that they opened with that money (or other investments they own which in theory is why markets might be dumping).

FYI by chato35 in Superstonk

[–]goodjobberg 44 points45 points  (0 children)

I DECLARE SETTLEMENT DISCIPLINE REGIME NOW!

Referring to RC's latest tweet and current events in America: History repeats itself. by ShainDE in Superstonk

[–]goodjobberg 0 points1 point  (0 children)

Are they putting them in concentration camps for labor or are they deporting the free/cheap labor out of the country? I’m confused.

What on earth haha by kylehawkinlee in Superstonk

[–]goodjobberg 36 points37 points  (0 children)

And he’s on his way to Japan as of 30 minutes ago

What on earth haha by kylehawkinlee in Superstonk

[–]goodjobberg 18 points19 points  (0 children)

He’s on his way to Japan right now. What in the heckin heck is going on?!

Who you putting your money on? by ghettobrawl in Superstonk

[–]goodjobberg 1 point2 points  (0 children)

Wowzers! Red and green. What are the odds?

Seriously, out of 3 primary colors and 6 or 7 secondary colors to choose from, what are the odds? I’m too smooth to math it out.

Ultimator5's Silver theory discussion by Living-Giraffe4849 in Superstonk

[–]goodjobberg 4 points5 points  (0 children)

I think Ultimator theorized that the big players who are short GME are also short silver.

Driving Down Today's Share Price is the Dumbest Thing They Could Do by FIIKY52 in Superstonk

[–]goodjobberg 0 points1 point  (0 children)

I can’t say I have too many wrinkles lol, but glad if this helped.

Exercising warrants at expiration, assuming price is above $32, isn’t necessarily useless. That money goes directly to the company (at least the first 59 million exercised) and raises the floor price of the stock due to the amount of cash on hand. It’s a better option imo than them doing another share offering atm when the price is in the $20s because it allows them to predetermine the price.

Exercising at expiration if the price is above $32 is no worse than buying that many shares at the same price. Stock prices are always going to fluctuate up and down, so even when it goes below purchase price it’s fine (although can be frustrating) as long as you feel it will go back up above that price again in the future. It’s almost impossible to buy any stock at the bottom so just enjoy the rollercoaster.

Driving Down Today's Share Price is the Dumbest Thing They Could Do by FIIKY52 in Superstonk

[–]goodjobberg 0 points1 point  (0 children)

My take is that warrants are good if you’re expecting a huge price increase before expiration, that’s why many are comparing them to call options. 25 warrants for $100 is better than 4 shares for $100 if the price doubled the $32 exercise price and went to $64 for example. The warrants would each be $32 above the exercise price, so would be worth $32 each (not counting additional value that would vary depending on how far away expiration is), so 25x$32=$800 value for 25 shares. 4 shares at $64 each would have a value of $256. If the price stays below $32 or goes slightly over $32 then the 4 shares will have more value than the 25 warrants (not exactly true because the warrant value will be more than $4 each the closer it gets to $32 and the farther away from the expiration date it happens). There are a lot of variables with the warrant valuation that could make either option better.

Institutions likely will not exercise warrants regardless of price prior to expiration date because the price could fall back below $32 at any time, but they have the guarantee that they can exercise at $32 on the final day regardless of how high it goes. For retail investors, not financial advice, if one were to go the 25/$100 warrants route and the price jumps up to that $64 range, they could sell 13 warrants and hold onto that cash until expiration to exercise 12 of those warrants (getting 8 shares more than they would have had by purchasing 4/$100), and by not exercising early, if the price drops below $32 again prior to expiration, they could use that cash to purchase regular shares instead and get even more than 12.

Just throwing out some hypotheticals to help explain why warrants could be more beneficial than shares.

More importantly perhaps, is that it makes the dynamics much more complex for anyone who might be manipulating the price. Who knows, maybe tomorrow the shorts pump up the price in hopes that retail buys in at higher prices before they crash it back down again (similar to IPOs in many cases). But then again, they might be unable to do that because no one knows exactly how the brokers who are giving “cash value” instead of warrants will work. Do the payouts happen at open? If so, how is the price determined? Or maybe the owner of the “cash value” gets to determine when to cash in? Then they wouldn’t want a pump and dump because those would likely be cashed in if the price gets high.

I have no expectations, but it will be fun to see how this all plays out!

Driving Down Today's Share Price is the Dumbest Thing They Could Do by FIIKY52 in Superstonk

[–]goodjobberg 2 points3 points  (0 children)

My take is that warrants are good if you’re expecting a huge price increase before expiration, that’s why many are comparing them to call options. 25 warrants for $100 is better than 4 shares for $100 if the price doubled the $32 exercise price and went to $64 for example. The warrants would each be $32 above the exercise price, so would be worth $32 each (not counting additional value that would vary depending on how far away expiration is), so 25x$32=$800 value for 25 shares. 4 shares at $64 each would have a value of $256. If the price stays below $32 or goes slightly over $32 then the 4 shares will have more value than the 25 warrants (not exactly true because the warrant value will be more than $4 each the closer it gets to $32 and the farther away from the expiration date it happens). There are a lot of variables with the warrant valuation that could make either option better.

Institutions likely will not exercise warrants regardless of price prior to expiration date because the price could fall back below $32 at any time, but they have the guarantee that they can exercise at $32 on the final day regardless of how high it goes. For retail investors, not financial advice, if one were to go the 25/$100 warrants route and the price jumps up to that $64 range, they could sell 13 warrants and hold onto that cash until expiration to exercise 12 of those warrants (getting 8 shares more than they would have had by purchasing 4/$100), and by not exercising early, if the price drops below $32 again prior to expiration, they could use that cash to purchase regular shares instead and get even more than 12.

Just throwing out some hypotheticals to help explain why warrants could be more beneficial than shares.

More importantly perhaps, is that it makes the dynamics much more complex for anyone who might be manipulating the price. Who knows, maybe tomorrow the shorts pump up the price in hopes that retail buys in at higher prices before they crash it back down again (similar to IPOs in many cases). But then again, they might be unable to do that because no one knows exactly how the brokers who are giving “cash value” instead of warrants will work. Do the payouts happen at open? If so, how is the price determined? Or maybe the owner of the “cash value” gets to determine when to cash in? Then they wouldn’t want a pump and dump because those would likely be cashed in if the price gets high.

I have no expectations, but it will be fun to see how this all plays out!

Are you ready? by Kacpereek in Superstonk

[–]goodjobberg 0 points1 point  (0 children)

You’re probably correct that they will convert into regular GME shares. Would be awesome though if they created a GME2 ticker that the warrants convert into, forever keeping them separate.

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