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The only absurd valuation of spacs are the ones you buy and then you lose money when closing the position. With hindsight you will say the valuation was absurd. If you make money you will say it was a reasonable speculation.:D

re: rare phenomena in life. +1 exactly. you understand the reality. it is a triple win win. "It is a win win situation for the two companies. Those "few pennies" add up to large profits." + the retail trader is a big winner.

It is a win win situation for the two companies. Those "few pennies" add up to large profits.

what does "property traders" have to do with stock traders?

Add sitting in a office with a bunch of ,,,,, during normal times.

You have zero comprehension of the business model of a prop shop. With a 90%+ washout rate paying a stipend would make the business a guaranteed loser. If you want to work at a prop job as a beginner, be prepared to get a part time job, use your savings and/or get your wife/parents to support...

Probably not too many since the leverage was extremely high because they were trading firm capital.

Why? The purpose of the SEC is not to protect people from their foolishness or their dreams but to promote transparency and to punish fraud and theft.

Once there was a wicked witch in the lovely land of Oz And a wickeder, wickeder, wickeder witch there never, never was She filled the folks in Munchkin land with terror and with dread 'Till one fine day from Kansas way a cyclone caught a house That brought the wicked, wicked witch her doom As...

Look now at the chart in my post above. re: Iowa farmland https://www.extension.iastate.edu/agdm/wholefarm/pdf/c2-72.pdf

The $1500 number is an outlier event as it never sold for $8000. Your remark is nothing close to reality.

Bill Gates must be a friend of Jim Rogers.

Not new.:D "Don’t gamble! Take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it." Will Rogers ( quote before 1935)

https://www.wsj.com/articles/renaissance-says-losses-should-have-been-expected-at-some-point-11611008784?mod=searchresults_pos4&page=1 Skip to... Print Edition V Renaissance Says Losses Should Have Been Expected at Some Point Quant hedge fund tells clients that drop of 20% to 30% was...

There may be zero borrowing fee for easy to borrow stocks

New shorts replace the old shorts who covered(closed) their positions. שָׁלוֹם

Please explain what the traditional trade is?

When in doubt buy lower and seller higher. You get more women that way.:cool:

If the man in the video is not on drugs, I will buy dinner for all current posters on this thread.

IBFX- what does forex have do with selling stock short?