engineering's Recent Activity

  1. engineering replied to the thread Did shorts get squeezed this afternoon by Carvana??.

    Important aspects that this article left out: 1) They exchanged unsecured debt for secured debt. From the 2023 10k "Gain on debt...

    May 6, 2024 at 12:02 AM
  2. engineering replied to the thread American debt.

    No. That's not actually even a counter-argument. Yes other people do it. That doesn't invalidate anything I said nor did you try to...

    May 4, 2024 at 11:54 AM
  3. engineering replied to the thread American debt.

    I'll try to explain this so simply nearly anyone can understand. The US borrowing at interest instead of printing money out of thing...

    May 4, 2024 at 10:18 AM
  4. engineering replied to the thread American debt.

    Holy crap what a clown show!

    May 4, 2024 at 3:16 AM
  5. engineering replied to the thread Selling options for cashflow (noob question).

    If you don't know what you're doing and want covered calls, just buy an ETF that does it. Have you looked at your broker's data for...

    May 4, 2024 at 3:00 AM
  6. engineering liked wartrace's post in the thread Your Perspective on Health Insurance?.

    I am paying 850 dollars per month with a 6500 dollar deductible (single). Essentially it is a VERY expensive catastrophic health plan....

    May 3, 2024 at 9:37 PM
  7. engineering replied to the thread Did shorts get squeezed this afternoon by Carvana??.

    If you look at their operating losses, they pretty much are.

    May 2, 2024 at 6:34 PM
  8. engineering liked Drawdown Addict's post in the thread Bitcoin Price?.

    It is lasting because there are suckers that buy into it. Eventually, everyone will be milked and the scam will disappear, as it has...

    May 2, 2024 at 11:39 AM
  9. engineering replied to the thread Did shorts get squeezed this afternoon by Carvana??.

    I took a look myself and came up with about 5511 per car. Suddenly making that much per sale after losses the previous 2 years is...

    May 2, 2024 at 11:27 AM
  10. engineering liked Clubber Lang's post in the thread Did shorts get squeezed this afternoon by Carvana??.

    I have no position and this is purely a hypothetical- CVNA ceo and cfo will be doing a perp walk in the coming years I don’t believe...

    May 2, 2024 at 9:42 AM
  11. engineering liked countryBoy641's post in the thread My bond strategy...Does this make sense??.

    I think you have pretty much nailed everything, Mr.Cabin. Any investment that shortens an enjoyable life is not doing its job. Three...

    May 2, 2024 at 9:18 AM
  12. engineering replied to the thread My bond strategy...Does this make sense??.

    I'm unimpressed by those rates. Especially with the CRE debacle that's coming. I think it's a smarter play to buy SPY if you want more...

    May 1, 2024 at 7:03 PM
  13. engineering replied to the thread My bond strategy...Does this make sense??.

    I'll admit that I have some of these, but the performance is inferior to 1 month treasuries via Treasury direct. Current 1 month rate...

    May 1, 2024 at 12:26 PM
  14. engineering liked Q.E.D.'s post in the thread My bond strategy...Does this make sense??.

    Our future looks like stagflation: slow to negative growth, with slightly higher inflation. Although slight dip, the money supply,...

    May 1, 2024 at 12:17 PM
  15. engineering replied to the thread My bond strategy...Does this make sense??.

    This exactly!! I do the same.

    May 1, 2024 at 12:17 PM