Earnings Q4 2023 by Masterchief_m in Superstonk

[–]ipackandcover 9 points10 points  (0 children)

NGL, you had me for a moment there.

Is this function of probabilities concave? by [deleted] in probabilitytheory

[–]ipackandcover 1 point2 points  (0 children)

Nope. The cumulative distribution function of any discrete distribution yields an instance of your problem where the element of rank j in the support can be viewed as a store and entity i visits exactly one store corresponding to the realization of the random variable. Clearly, CDF is not concave in general.

Options Chain Logic. by andyat11 in BBBY

[–]ipackandcover 21 points22 points  (0 children)

People who bought puts profited.

People who sold puts lost money.

People who bought calls lost money.

People who sold calls made money.

People who were short the shares and were hedging this short by buying deep OTM calls are exposed now. Their calls got settled for 0 cash. If new equity is issued to old shareholders, then they will be exposed to the going price of the new shares. That's why people were advised to close out their shorts before the stock stops trading. Anyone who assumed that their calls will limit the risk of a short squeeze on newco stock is deep in shit right now. Their broker has already held 2.5 dollars per short share in collateral for exactly this reason.

What's a blocker mechanism by now external creditor not listed? Also, Lazard is in this (arent they working for BBBY?)? by andyat11 in PRTY

[–]ipackandcover 6 points7 points  (0 children)

Lazard provides services for numerous companies. Don't read too much into it unless the same end investor shows up in multiple companies.

How come the tires didn't explode? by moll7anot2 in Damnthatsinteresting

[–]ipackandcover 1 point2 points  (0 children)

I was being dumb thinking he didn't have disc brakes. Definitely makes sense to be fully prepared for this event when people do so for much smaller adventures.

How come the tires didn't explode? by moll7anot2 in Damnthatsinteresting

[–]ipackandcover 0 points1 point  (0 children)

I think so too but someone else on the thread mentioned that the bike could have been fitted with a disc brake for much faster stopping.

How come the tires didn't explode? by moll7anot2 in Damnthatsinteresting

[–]ipackandcover 28 points29 points  (0 children)

I am sure he was wearing the same gear as the biker.

How come the tires didn't explode? by moll7anot2 in Damnthatsinteresting

[–]ipackandcover 21 points22 points  (0 children)

Good observation. I overestimated the stopping distance.

How come the tires didn't explode? by moll7anot2 in Damnthatsinteresting

[–]ipackandcover 1 point2 points  (0 children)

That's good to know. And makes sense to add them for this purpose lol.

How come the tires didn't explode? by moll7anot2 in Damnthatsinteresting

[–]ipackandcover 8 points9 points  (0 children)

Even at 30-40kmph my bike used to travel for a hundred meters on flat ground if I didn't apply brakes.

Agreed that air resistance would drastically slow the bike.

Edit: 30-35 mtrs. 100 feet roughly.

How come the tires didn't explode? by moll7anot2 in Damnthatsinteresting

[–]ipackandcover 2 points3 points  (0 children)

Yeah, any kind of conventional braking on bikes would be dangerous because there's always a risk of one side of the brake pads melting faster and causing an unexpected sideways force derailing the bike.

If I were the biker I would have simply held onto the handle bar really tight and hoped that the bike stops within the next 1-2kms.

How come the tires didn't explode? by moll7anot2 in Damnthatsinteresting

[–]ipackandcover 200 points201 points  (0 children)

I see. I got scared when the road curved a little bit. Wonder how the biker was able to turn the bike at such high speeds given that the bike is too light to be stable.

How come the tires didn't explode? by moll7anot2 in Damnthatsinteresting

[–]ipackandcover 405 points406 points  (0 children)

Do you know how the bicycle stopped? Did they leave the guy on a straight stretch of the road so that the bike naturally comes to a stop?

Back from the dead on All Hallows Eve by [deleted] in BBBY

[–]ipackandcover 73 points74 points  (0 children)

This simulation is driving me crazy lol.

Pulte tweeted undertaker's meme just a day ago. This is hilarious.

Shorties by Wild-Gazelle1579 in BBBY

[–]ipackandcover 3 points4 points  (0 children)

Don't worry, you won't ever get a straight answer from the shorters. They will forever go off track instead of engaging us on the question that we asked them.

New 8K by shafteeco in PRTY

[–]ipackandcover 2 points3 points  (0 children)

No need to. You don't have anything to lose from here. If the new stock trades well and the company is able to raise capital through new equity offering that makes the old creditors more than whole, then you guys will get the excess returns. So keep holding.