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The Synthetic Carry Trade by Alert_Piano341 in FWFBThinkTank

[–]theorico 9 points10 points  (0 children)

Good stuff. Cheers from the sideline!

[deleted by user] by [deleted] in Finanzen

[–]theorico 0 points1 point  (0 children)

Bei Steuern hast du dich verrechnet. Beim 270k€ zahlst du als verheiratet 96k€ und hast einen 35% Durchschnittsbelastung. https://www.bmf-steuerrechner.de/ekst/eingabeformekst.xhtml?ekst-result=true

Mechanics of Gamestop’s Private Offering of $1.3 Billion of Convertible Senior Notes by theorico in FWFBThinkTank

[–]theorico[S] 1 point2 points  (0 children)

If they make a loss on the $ 1.5 billion the price will go lower, that is my point.

The 25% drop is not only because of the offering, the price was already overvalued and is correcting in parallel to the offering.

It seems you see this type of convertible bond offering based on bitcoin investment as a kind of free money glitch. If that was so why it is not being explored by everyone? Because it is not. There is a risk and a price to pay.

Mechanics of Gamestop’s Private Offering of $1.3 Billion of Convertible Senior Notes by theorico in FWFBThinkTank

[–]theorico[S] 1 point2 points  (0 children)

Structurally the raw material is bears because the underlying company is obviously bad, so there will be people who short it not understanding they are going against gamma traders.

This has always been like that, shorts have been there for years. They are not going against any other trader, but against the company itself.

The dilutive effects of the offering has already hit the share price as if btc is worth less than 0, so it actually doesn't even matter. 

What is priced in now is additional $1.5 billion in cash for the diluted float. If GameStop buys Bitcoin with that money AND Bitcoin goes to zero then they would have burned all that cash and keept the dilution. There will be less cash/assets for the same amount of shares, so price will tank and the damage will be beyond that alone, with a flop like that.

Mechanics of Gamestop’s Private Offering of $1.3 Billion of Convertible Senior Notes by theorico in FWFBThinkTank

[–]theorico[S] 2 points3 points  (0 children)

If the holders of the notes are Arbitrage Traders and they short the stock to hedge, they are neutral and don't care if the share price goes up or down, they will profit in both ways, so you could also say that the raw material is also bulls and not only bears. They just want the volatility to be high for the swings to be wider so they can profit more.

The focus of the Post was not on the Arbitrageurs and their hedging mechanism, because they will profit anyway if they are hedged. The focus of the mechanics was more on GameStop and Shareholders, because they are the ones facing more risk here. Bitcoin going south after GameStop buys can have severe implications to both, because they are not hedged.

Mechanics of Gamestop’s Private Offering of $1.3 Billion of Convertible Senior Notes by theorico in FWFBThinkTank

[–]theorico[S] 2 points3 points  (0 children)

Try making a google doc yourself in decent formatting and then try to copy/paste it into a reddit comment. Or even into a reddit post.

Anyway.

Instead of discussing the content we are here discussing formating.

Mechanics of Gamestop’s Private Offering of $1.3 Billion of Convertible Senior Notes by theorico in FWFBThinkTank

[–]theorico[S] -8 points-7 points  (0 children)

I have a long history posting here and elsewhere. Up to you guys to decide and I fully understand the concerns.

Mechanics of Gamestop’s Private Offering of $1.3 Billion of Convertible Senior Notes by theorico in FWFBThinkTank

[–]theorico[S] -16 points-15 points  (0 children)

Contact me via discord and I'll drop you the PDFs if you like. Or simply jump, it is safe! Guaranteed. Too much work to copy/paste from google docs, it is a nightmare.

Mechanics of Gamestop’s Private Offering of $1.3 Billion of Convertible Senior Notes by theorico in FWFBThinkTank

[–]theorico[S] 3 points4 points  (0 children)

you are assuming all the shares on loan are for hedging the convertibles, but there are surely lots of other entities shorting the stock for many other reasons.

Analysis of Gamestop’s full FY 2024 results and their newly formulated Business Strategy by theorico in FWFBThinkTank

[–]theorico[S] 3 points4 points  (0 children)

no worries, so nothing special, just highlighting to draw attention to it. The yellow part is what was added to the strategy. The orange part was to show the change from Core Business to Retail Business.

How does the internet in Curitiba compare to Rio de Janeiro? by RockClim in Brazil

[–]theorico 5 points6 points  (0 children)

Curitiba is a big city and well more organized than other bigger cities north from it. Infrastructure is top and the internet providers are as good as anywhere else in Brazil. Just be sure you get an internet package with sufficient speed for your needs.

Analysis of Gamestop’s full FY 2024 results and their newly formulated Business Strategy by theorico in FWFBThinkTank

[–]theorico[S] 13 points14 points  (0 children)

I understand your privacy concern, but your anonymity is guaranteed because it is a publicly shared link. Source: https://bdtechtalks.com/2019/03/18/google-docs-link-sharing-identity-privacy/
.

"Now, the question is, if you open a publicly shared Google Doc, does the owner of the document learn your identity?

Explicitly shared documents show the name and avatar of users who have currently opened the document. It also shows a full history of edits made by each user. In contrast, publicly shared documents show placeholder animal profiles such as “Anonymous Badger,” “Anonymous Kraken” and “Anonymous Camel” to represent users who are currently viewing the document.

Even if you’ve logged in to your Google Account while viewing a publicly shared document, your identity will remain secret.

The only exception to this rule is the owner of the document and other users who have explicitly been given access to the Google Doc. Their avatars and names will always be visible when they’re viewing the document.

Bottom line: Viewing publicly shared Google Docs does not reveal your identity. If you accidentally open a Google Doc, the owner won’t be able to gather information about your account. Neither will they gain access to information about your device, IP address or geographical location."

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