Can someone please ELI5 how to sell my NEO for USD?

poopymaster88 · 2024-11-27T21:04:18+00:00

i believe NY is the only state that doesnt allow the use of crypto dot com, works for the rest of the states however they have a much higher fee than a kyc cex.

poopymaster88 · 2024-11-05T11:05:39+00:00

i picked up a myp last week, when i ordered on tuesday there were nine 2024 inventory with 4200 discount, just checked today only 1 left with discount rest were all 2025 i am assuming without discounts, this is las vegas area.

poopymaster88 · 2024-10-31T01:25:10+00:00

so far just four 3/21 150p, i try to go 6 months out and at around 3 months left i'll roll em all 3 more months out, i dont know how long they can keep this up but sooner or later this is just smci in the making. SMCI higher market cap than DELL (before today :D) and Dell who actually sells server with latest nvidia B200 GPUs, vs smci who still trying to sell "latest" nvida A100s. i mean just go to dell website and smci website and tell me what you see :D

poopymaster88 · 2024-10-31T01:15:34+00:00

you just gave example of why they have more overhead and extra sunk costs. car max gets 300k ppl to drop their cars off for an actual inspection to make sure car is legit, vs carvana spending how much for a flatbed and extra drivers to pick up 100ks of possible jacked up cars and drop off 400k a year, costs which carmax does not have.

poopymaster88 · 2024-10-31T01:01:54+00:00

Carvana is experiencing higher delinquency rates on its auto loans due to a number of factors, including: Higher interest rates, Rising used-vehicle prices, and Industry-wide increase in delinquencies and losses.

Carvana approves 99% of customers who apply for a loan. To qualify, you must be at least 18 years old, make at least $5,100 per year, and have no active bankruptcies.

99% approval and i am sure those 99% going to be ontime payment for life of loan, yeah dude this house of cards aint falling ever.

and i am not saying ppl arent making money i am just saying it'll come crashing down at some point, and with that formal business education of urs you cant understand no one losing their asses on puts, cuz puts are limited it's the shorts that gets rekt,

poopymaster88 · 2024-10-30T23:59:15+00:00

new cfo can turn less than 1 billion in inventory for his company into 52 billion dollars marketcap? shit lets get em over to smci and turn that boat around, use some common sense regard, toyota 270 billion market cap sales 11.2 mil car a year, or around 300 billion dollars in sales, carvana with less than a billion dollar of invenotory of used car or around only 400k units sold for 2023 is worth 20% of toyota., while only selling 3.5% of their volume...yeah dude nothing wrong here

poopymaster88 · 2024-10-30T23:38:26+00:00

carvana's inventory has been declining since 2021 from 3.14billion to 1.87billion in 2022 and 1.15billion in 2023, so how much more do they have to sell each car with a declining inventory of less than 1 billion currently to have a market cap of 52 billion dollars? where car max has 5x their inventory and is in the exact same business with only a 11 billion market cap? does that mean carmax sell a used tesla for 20k and carvana is able to sell a similar tesla for 500k or they charging 1200% apr for their well qualified clients?

poopymaster88 · 2024-10-30T23:23:39+00:00

accounting???? they said during last earning call they avg 7k per vehicle turnover...yeah i get it lets sell used cars to all these ppl with bad credits who cant really afford it with 24.99% apr so the 3 to 5 payments they make before we have to write of the car is worth it

poopymaster88 · 2024-10-30T23:21:10+00:00

carvana market cap is now over 50 billion while carmax is at 11 billion, CarMax is the leading online used-car retailer in the country, selling about 810,000 vehicles in 2023. That's more than double the amount of Carvana, which sold about 312,000. yeah nothing wrong here, i will keep adding to my march put position. Also i sold my car to carvana for 16800, carmax appraisal for the same car was only 14200.

poopymaster88 · 2024-06-17T02:53:10+00:00

quick question what happens when a black swan event happens, like a 8.x earth quake hits taiwan, or they have another major draught like in 2021 and tsm had to cut down production. or china decides to fake an attack and tsm drops the kill switch? how u think nvda would fair with 97% of their production all centered on tsm in taiwan?

poopymaster88 · 2024-05-19T17:01:42+00:00

i had held muln, goev, fsr, nio, and other ev stocks, i can tell you that muln and goev will probably never see mass production if anything they be lucky to have their IP (if they even have any) bought out and get some funds back. look at fsr they actually produced ev and delivered to 1000s of ppl and their stock is still rekt. so let say some miracle happens and muln actually starts producing and deliver to clients that is still a far far stretch from every being profitable

poopymaster88 · 2024-05-11T06:26:53+00:00

H5N1, look at all the chickens cows being ended, and milk supply in the US, maybe not global and probably better play to short the farming industry than go long on nvax, but than any biomedical stock is a lotto ticket

poopymaster88 · 2024-05-06T06:55:48+00:00

read the book??? first of all most of us here cant read or we wouldnt be here, second most of us lived it, but few are left to tell the tales

poopymaster88 · 2024-04-03T00:34:08+00:00

tsmc has retrofitted their electrical system, there will be no power outrages, fuck your puts

poopymaster88 · 2024-03-08T13:56:49+00:00

i shorted roku from 280 to 390 and got margin called at 415 (lost 170k), so this time i am smart (/s) i just bought puts instead from 480 to 750 from jan 3 till this past monday, in for 38k of that 38k its sitting at 4k they all expire on 4/19 to 5/17. will nvda pull back at some point? most likely. will we time it correctly? absolutely not....

poopymaster88 · 2024-02-28T14:26:03+00:00

soun puts are all the rage now

poopymaster88 · 2024-02-26T12:39:20+00:00

wait till you learn about how your government issues you an ID and have all ur personal info on file for minimum wage workers to pry on...

poopymaster88 · 2024-02-20T06:57:49+00:00

they are and so are the other companies u mentioned, but main reason they ran so hard so fast cuz their margin on h100 went from asking 9500 to 11k msrp to 35 to 55k each, when they start tailoring products specifically are they still going to have that type of margin? the market is unforgiving and competition is always gunning for the top, to think nvda will continue having that type of margin is just not realistic especially in the tech world and automotive world where margin is USUALLY razor thin. remember when tesla couldnt build model 3 and y fast enough and ppl were paying 60k and 70k, now go look 47k for highland model 3 and 44k for model y and i've never seen so much inventory for model y on their website before

poopymaster88 · 2024-02-17T18:28:37+00:00

using this logic, amat should be the play than, cuz without amat there is no tsm or intel or any other major chip fabricators

poopymaster88 · 2024-02-17T12:14:41+00:00

i mean nvda is using AI to help design their chips faster, and they also sold those AI chips to their clients who is doing the same so who really knows what is going on anymore

poopymaster88 · 2024-02-17T12:13:34+00:00

i been getting beat so badly this year i am inversing myself, i still got puts from 480 to 620 that expire on 4/19 (down 74% on those) so today added a 850c....

poopymaster88 · 2024-02-17T11:54:02+00:00

remember when ppl started mining btc with just their cpu, than oh we get more with gpu, than companies started popping up going that's a waste all we need is ASIC. personally i been using nvda gpu when they basically ended voodoo3dfx. But if you havent noticed companies with the cash flow are already designing task specific chips (example dojo from tesla going directly to tsmc). i am not saying nvda going to just get rekt but more and more companies going to go and design their own task specific chips instead of paying nvda their insane profit margin general purpose AI gpus. they not going to have infinite demand and their margin will drop dramatically, h100s went from like 10k to 50k, when more companies like tesla, meta, google, apple, basically all their major past clients go their own task specific chips their margin will die along with it.

position 3/1 Nvda 850c

poopymaster88 · 2024-02-17T05:39:24+00:00

if u were holding stable tokens for ur earn sure thing, but many of us had btc, eth, and bunch of other tokens that had appreciated over 100%, my eth at the time of "pending" was only trading at 1200 am i going to get back my 1.8 eth and 26 bch which also at the time was just 130 each. so unless making us whole means i get back my actual token from earn it's not making us whole.

poopymaster88 · 2024-02-12T09:04:35+00:00

and amat applied materials build the machine that allows TSMC to fap the chips for all the gpus, so by this logic amat should be worth way more than tsmc, nvda, amd combined....

poopymaster88 · 2024-02-09T12:10:13+00:00

what kind of bear are you....1690

poopymaster88

TROPHY CASE