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No, they have the option to redeem it, not you. They're pretty clear on the language about that, "we may redeem, at our option". It actually limits their value to a maximum of $25-accumulated and unpaid dividends.

We've always had weeklies, you just bought the options a week before they expired.

So you have @xandman calling me an "arrogant Jackass" when I ask him about his assertion that the Fed is propping up zombie firms, like GE apparently, because their low interest rates are allowing them to borrow apparently morally unacceptable levels of debt...

Drilling into your second link, to https://www.federalreserve.gov/releases/h41/current/h41.htm#h41tab3 the Fed has actually decreased it's holdings of fixed income securities and MBS holdings are flat since the end of June. Where do you get that "120B/month into the Fixed Income and Mortgage...

Exactly right. We're giving millions of dollars, in some cases each! to farmers and jackasses like Devin Nunes who pretend to be farmers in a pure welfare play to people who have a net worth often in the millions. And then there are all the tax subsidies given to fossil fuel companies worth...

Dude, get some help. Your posts have completely gone off the deep end in the past few days from what I remember as a previously intelligent, reasonable poster.

Where?

I imagine there will be some Presidential level security staff looking for a new job soon in Haiti that you could probably hire for cheap. What does this have to do with trading again?

I think he thinks there's a 50 bp spread on the buy and sell from MM and he's assuming that somewhere among all the possible combinations of boxes there are resting orders from non MM that are closer to the mid. The problem being that unlike a single stock where you can just put your own limit...

I guess I didn't explain my example well. In the theoretical situation where I listed my private company directly on the OTC BB (not a real IPO of a unicorn which is a completely different thing from a $10-20M company) there's no way I would be able to sell shares on the OTC BB for 9X what I...

Again, liquidity in the form of OTC BB listing doesn't make my company 9 times more valuable, therefore the reverse isn't true that becoming unable to trade on OTC BB removes 90% of the value of a company. If these poor folks later this year are really selling something worth $X then there are...

I like this "Former U.S. Senator David Perdue was criticized for making many stock trades during his six years in Congress.". Conveniently forgot to mention that Perdue was actually criticized for buying stock in a mask maker the same day he received a closed briefing on how bad COVID was going...

I'm just confused, first you say the Fed is bad because it made a profit...because Jefferson. Then you say, well not actually the profits, its actually bad because it's propping up zombie firms...which has nothing to do with Jefferson. But I'm a "presumptuous, arrogant Jackass" because I point...

First off, I admit I'm a bit of a Jeffersonian nerd and have read most of what he wrote. You said Where, exactly, did Jefferson express fears about "propping up zombie firms"? Secondly, would you have any specific examples of these "zombie firms" you can name off the top of your head without...

So the Fed buys assets and then is able to resell them for a profit....that's apparently bad. If the Fed had bought assets and then resold them for a loss....no doubt you'd be saying that's bad? Can't have it both ways.

So first off, I see on Edgar that DBMG and SIMA are up to date on their filings and wouldn't be impacted by this rule. VULC is an oddball that apparently is owned almost entirely by one family who is well known for providing no rights to minority shareholders. I feel like if one knows they're...

I obviously grasp the difference between a SPAC and a company that went bankrupt 10 years ago and hasn't existed in any way, shape, or form since, which made up a decent number of the OTCBB traded stocks. So does the SEC, that's why Rule 15c2-11 applies to OTC BB stocks and won't impact SPACs...

Nadex allows funding from debit cards, not sure if they require you withdraw to the same source.

Wait a minute, I thought crypto was great because of the anonymity. You're telling me that we can see more detail on who holds currency when it's crypto than when it's "fiat"? You're telling me the blockchain actually lists every transaction ever made and you can figure out a whole lot about who...

There will be no next time. Pentagon realized there's nothing to be learned from the second kick of the mule. They're ditching the giant contract idea and going with a bunch of smaller contracts that only Amazon and MSFT can bid on. I'm guessing each wins about 50% of the value of the original...