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Check the exchange rules. Last time I looked into them there were SEC requirements, like nbbo. https://www.warriortrading.com/national-best-bid-and-offer-nbbo/ If I place an order of sufficient size and price, I expect to see that reflected in the bid or ask within something like ?15 minutes...

"With roughly $23 trillion of U.S. government bonds outstanding, if every single bond owned was insured, it would cost $73 billion annually. That’s hardly pricing in a zero percent chance of default." What a bunch of nonsense. So you could theoretically insure all US bonds for less than 1% but...

Expanding on the above a bit... I don't see how anybody justifies putting their money with one of these firms. The only interpretation I can come up with for those P/B ratios is that no one believes the audited financial statements. If Credit Suisse had a book value that was really 4X their...

Some European bank p/b ratios Deutsch bank. 0.21 Credit Suisse 0.23 BNP Paribas 0.41 Credit Agricole 0.40 Societe Generale 0.25 Barclays 0.29 Intesa Sanpaolo 0.52 Ing 0.58 HSBC 0.54 IMO, the whole thing is a house of cards.

Thanks for the feedback. :thumbsup: As I understand it, there's a multi-stage process. This page suggests natural gas a a feedstock is common: https://extension.psu.edu/how-plastic-is-made-from-natural-gas Per sheet 8 here, all 3 of WLKP facilities can run on ethane...

Page 9 is the key here: https://s25.q4cdn.com/892202310/files/doc_downloads/WLKP-IR-presentation-3Q2022-v1.pdf "Ethylene Sales Agreement between Westlake Corporation and Westlake Partners provides stable 10 cents per pound margin on 95% of processed NGL’s, with remaining 5% sold to third...

So do you not understand what the difference is between being an investor in a company, and being a client at a brokerage or bank with a legally separate account? The way you keep throwing these names around suggests that perhaps you just don't have very much knowledge. Do you not understand...

This idea doesn't work because of the details of the supply contract between WLKP and westlake chemical.

Actually I was long WLKP before all this happened, and I'm thinking about adding more. With an 8% dividend I could be fine if nothing happens, but I'm thinking the price may go up. I suppose it would be an interesting trade to short a few German chemical companies while going long US...

I'm seeing reports that the Germans have 2.5 to 3 months of storage. I would not expect them to seriously consider running that down to zero. Imagine what kind of domestic unrest and weakness on the international stage that would create. I would expect the Europeans to shut down some...

Hahaha! Exactly what I just said. You have to make this about "righties" because of your hatred. How dare those dastardly "righties" notice that PayPal is doing something evil and take issue with! /Sarc Meanwhile you have to invent a scenario where somehow free speech is an issue that has...

By acting as an apologist for paypal. This is not hard to understand. In a one sentence post you invented a scenario to attempt to excuse or explain their actions while at the same time bringing up the dreaded, super-scary "right wing media" to shift discussion away from the clearly...

Most Americans support freedom of speech. They especially don't like multi-billion dollar corporations punching down and telling regular Joes what they're allowed to discuss. The people who see these concerns as "right wing" are generally fascists, who can't morally defend the actions of...

Given that natural gas can be assumed to be in short supply in Europe this winter, I suspect that there will be a shift from domestically produced to imported ethylene...

Canceled my account. Any the claim that this is a mistake is obvious bs. How many meetings and legal reviews you think an update like this goes through before release? This was clearly timed to threaten political speech around the election.

This is one of the big reasons why crypto evangelists are so obnoxious: false equivalence. Maybe Key Bank or MasterCard get hacked. I'm protected. It may take a while to get my money back, but even Corzine's customers actually got their money back. If someone at Fidelity misconfigures a...

I would stay the bleep away from European banks. I looked into things about a year ago and the five biggest banks in Europe were all trading at less than 1 for their price to book ratio. IMO, that means no one believes the audited financial statements. How can one sanely invest in that...

Garbage article. It almost like it was written for the POV of someone who hates the idea of any sort of financial independence, security or personal responsibility. I swear there are groups of people in the media and academia that want people broke, stupid and emotionally crippled. Much better...

Actually a lot of desktop software was faster to respond back in the day. SW was coded efficiently back then.

Until it doesn't. Long term, it's doomed. Even if cryptocurrency becomes the replacement for all existing fiat currencies, Bitcoin will be replaced by competitors. It's like sinking all your money in Netscape and AOL. Short term, people have made money. Big deal. People make short term...