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Comments (14)
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UnsubtleAardvark 13 points ago +13 / -0

LBTY provides internet to a significant chunk of Europe.

Time to see who ISPs start blocking.

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TheImpossible1 [S] 6 points ago +6 / -0

Hmm, interesting.

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TheImpossible1 [S] 9 points ago +9 / -0

According to Business Insider, Melinda Gates now owns nearly half of the float of Grupo Televisa (TV)

I'd be selling that stock if I owned it.

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AntonioOfVenice 8 points ago +9 / -1

You know you can short it, right?

(But be careful with that. As much as I don't like your opinions, I don't want to see you ruined financially.)

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TheImpossible1 [S] 5 points ago +5 / -0

I could, yes. It'd probably work, the price spiked fairly recently and spikes are usually followed by a correction.

I won't though, just because I remember when I shorted AZN on the vaccine safety worries and it inexplicably rose in price.

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AntonioOfVenice 3 points ago +4 / -1

People suddenly become rational when there is money on the line, and making mistakes has costs.

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TheImpossible1 [S] 9 points ago +9 / -0

The market can stay irrational longer than you can stay solvent.

For example : The UK stated the AstraZeneca vaccine was unsafe for under 40s today. Their stock price still rose by 0.6% and 0.5% on the US listing.

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ClockworkFool 3 points ago +3 / -0

For example : The UK stated the AstraZeneca vaccine was unsafe for under 40s today. Their stock price still rose by 0.6% and 0.5% on the US listing.

That's not the phrasing I caught, to be fair.

As I understand it, the current advice is to recommend the other type for under 40's if doing so results in no delays etc. If that would result in a delay, by implication they're still recommending AstraZeneca instead of waiting.

Hardly a condemnation, really. (And I'm still less than sold on the idea that the more experimental RNA types are likely to be safer, personally).

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AntonioOfVenice 0 points ago +1 / -1

The market can stay irrational longer than you can stay solvent.

Amazing how rational you can be when it comes to your pocketbook.

For example : The UK stated the AstraZeneca vaccine was unsafe for under 40s today. Their stock price still rose by 0.6% and 0.5% on the US listing.

Pretty absurd, by the way, as I have always pointed out, there is no such thing as a safe vaccine. More to the point, the markets were likely far ahead of the government and had already taken this news into account.

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AntonioOfVenice 1 point ago +3 / -2

Are you going to put your money where your mouth is and short these companies, as you predicted that she would sell them all off and "crash the economy"?

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TheImpossible1 [S] 4 points ago +4 / -0

I think she'll sell these off to buy things more useful for that end. These companies aren't big enough.

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AntonioOfVenice 0 points ago +1 / -1

If these companies aren't big enough, it means that her selling will have a proportionally bigger impact on the stock price. So if you believe that, you should definitely be shorting.

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TheImpossible1 [S] 2 points ago +2 / -0

I'd have to know when she will sell. She might hold for a while, which would screw me over.

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AntonioOfVenice 0 points ago +1 / -1

If you're that sure of it, you can just arbitrage in order to cover for broader movements in the market.

By the way, I am not predicting that she will not sell (I have no idea), but I am disputing that she has the intentions that you think she has.