Search results

  1. BMK

    B. Riley (RILY) debt securities taking a hit...

    Well, now, here's one bloke over at Seeking Alpha who apparently agrees with me... I've attached his analysis of the RILY bonds. In response to a comment on his analysis, he wrote: The losses stem from the investment side of the business. The fee side of the business is what produces...
  2. BMK

    Is Cash-Secured Put possible at TD Ameritrade?

    Ummm... yeah, we had this conversation in May, in a thread that was started by @earth_imperator https://www.elitetrader.com/et/threads/broker-silently-changed-the-conditions.374402/ That thread went off the rails, too. Why am I not surprised? :rolleyes: In a more recent, unrelated thread...
  3. BMK

    Mortgage Revenue Bonds

    In my abundant free time, I hunt for the most kinky and esoteric investment products that are available to retail investors. Greystone Housing Impact Investors LP may be a candidate. Formed in 1998, it's a limited partnership that primarily invests in mortgage revenue bonds, using its own...
  4. BMK

    Laptops with sun-friendly screens

    So you need air bubbles in order to put it on properly? And they are not included with the product? Just kidding :confused:
  5. BMK

    Substack ideas

    sizzurp futures
  6. BMK

    B. Riley (RILY) debt securities taking a hit...

    Apparently, Eloise is having a moment as a popular baby name. Or maybe it was when that kid was born... https://www.thebump.com/b/eloise-baby-name And this site has charts measuring the use of the name: https://nameberry.com/babyname/eloise
  7. BMK

    B. Riley (RILY) debt securities taking a hit...

    It sounds like you are inferring that they need to "raise cash," and that their need to raise cash is somehow related to the potential trouble at Franchise Group... That is certainly possible. But the SEC filing just tells us that they sold stock. It doesn't tell us why, or what their...
  8. BMK

    Study: Israeli stocks shorted the week before Hamas October 7 attack ...

    Matt Levine at Bloomberg has some comments about this in today's column, which I have attached.
  9. BMK

    One Supreme Court Case Could Mess Up Chunks of the Tax Code

    The attached file is today's column by Matt Levine at Bloomberg. He discusses the case in great detail, and concludes with the following: My sense is that nobody actually wants to declare pass-through taxation of LLCs unconstitutional. This case would not have made it to the Supreme Court a few...
  10. BMK

    iOS 17.x warning (Notifications)...

    Why don't you buy an Android phone? :rolleyes:
  11. BMK

    Can I take a margin loan against short positions?

    Just thinking out loud, or on the screen here... If you sell stock short, and the price of the stock drops significantly, then that would reduce the maintenance requirement for the short position. And that would potentially allow you to withdraw some portion of the cash proceeds of the short...
  12. BMK

    Can I take a margin loan against short positions?

    You cannot withdraw the cash you get when you sell stock short. Even if you could, that would not be a margin loan. I think some brokers may, in some contexts, allow a customer to use the money to buy other securities within the same account.
  13. BMK

    McDonalds Responds To Minimum Wage Protests

    "I don't know, I didn't go in a Burger King."
  14. BMK

    B. Riley (RILY) debt securities taking a hit...

    Seeking Alpha ran a news story that the CEO of RILY had to sell a huge chunk of stock because of a margin call LOL And I'm sure that actually happened, because it's in SEC filings. But the whole scandal seems to be based on some pretty weak speculation. The only concrete fact that seems at all...
  15. BMK

    Can I take a margin loan against short positions?

    Yeah, but can't he put the car up as collateral for the $15,000 loan? Just kidding :rolleyes:
  16. BMK

    B. Riley (RILY) debt securities taking a hit...

    Is there any evidence that they did not perform due diligence?? What would they have discovered? What did they not look at? Okay, obviously someone is going to say, "Well, ummm, the guy in charge of FRG was involved in fraud over at Prophecy, so maybe it's a bad idea to buy a stake in FRG."...
  17. BMK

    B. Riley (RILY) debt securities taking a hit...

    I am going to admit that I have not had time to review their financial statements. I looked at them briefly, and found them difficult to interpret. And I am a tax advisor. We bought RILY notes and preferred stock based on recommendations in two different subscription newsletters, both of which...
  18. BMK

    Robert De Niro Gotham Awards speech

    If he had said what to Hollywood studios? Raging Bull was made in 1980. That was a long time after the HUAC hearings, and it was a long time before the Trump presidency. What would you have liked to hear De Niro talk about in 1980?
  19. BMK

    Robert De Niro Gotham Awards speech

    Okay, this is not exactly Wall Street news. But worth a look. There are very few actors or directors who can basically tell Apple to **** their **** and not be concerned about it hurting their career. De Niro is one of them. The guy is OG.
  20. BMK

    Sam Bankman-Fried’s Life Behind Bars

    Might have been Michael Santos. The guy did 25 years in federal prison for selling coke. He was sentenced at the height of the war on drugs, with stiff mandatory minimums. His crimes were all nonviolent. That being said, he has admitted that the drugs he sold certainly harmed many people, and...
Back
Top