wall street fraudsters robing pensions with ipos

Weak argument.

Does not take too long for an IPO to be shortable.

It's a fair game when you are allowed to go both ways.

Shorting is a beautiful option.
 
Quote from Random.Capital:

Nobody is putting a gun to anybody's head to buy a bad IPO.

Any asset manager who bought into Groupon should be fired, plain and simple.
it can go the other way. I once owned a mutual fund over there at Janus managed by a very pretty Asian girl. That was the year AOL was up 600% and amazon was up about a bizillion per cent. And both those stocks got bad mouthed the whole year by the reputable investment community. And sure enough, On my DEC 31 statement, there it was, I now owned 1% of amazon.com. And I think she bought it on Dec 31.
 
Quote from oldtime:

it can go the other way. I once owned a mutual fund over there at Janus managed by a very pretty Asian girl. That was the year AOL was up 600% and amazon was up about a bizillion per cent. And both those stocks got bad mouthed the whole year by the reputable investment community. And sure enough, On my DEC 31 statement, there it was, I now owned 1% of amazon.com. And I think she bought it on Dec 31.


be reasonable, even with the weed, you never owned 1% of amazon.
maybe the fund owned 1% of amazon. if you owned 100% of the fund then you might have owned 1% of amzn.
 
Quote from oldtime:

I once owned a mutual fund over there at Janus managed by a very pretty Asian girl.

"Uncle Slayton's got his Texan pride,
Back in the thickets with his Asian bride,
He's got a Airstream trailer and a Holstein cow,
He still makes whiskey 'cause he still knows how..."
 
Quote from zdreg:

be reasonable, even with the weed, you never owned 1% of amazon.
maybe the fund owned 1% of amazon. if you owned 100% of the fund then you might have owned 1% of amzn.
goddamnit what do I have to do with you kids? 1% of my money owned amazon, and that was just because they didn't want to end the year admitting they had missed out.
 
that's a hell of a song


Choctaw Bingo Lyrics
(as sung by Ray Wylie Hubbard)
Words & Music by James McMurtry

Strap them kids in give 'em a little bit of vodka
In a Cherry Coke, we're going to Oklahoma
To the family reunion for the first time in years
It's up at uncle Slayton's 'cause he's getting on in years


You know he no longer travels but he's still pretty spry
He's not much on talking; he's just too mean to die
And they'll be comin' down from Kansas and from west Arkansas
It'll be one great big old party like you never saw


Uncle Slayton's got his Texan pride
Back in the thickets with his Asian bride
He's got a Airstream trailer and a Holstein cow
He still makes whiskey 'cause he still knows how


He plays that Choctaw Bingo every Friday night
You know he had to leave Texas but he won't say why
He owns a quarter section up by Lake Eufala
Caught a great big ol' blue cat on a driftin' jig line


Sells his hardwood timber to the shipping mill
Cooks that crystal meth because the shine don't sell
He cooks that crystal meth because the shine don't sell
You know he likes that money, he don't mind the smell


My cousin Roscoe, Slayton's oldest boy
From his second marriage up in Illinois
He's raised in East St. Louis by his momma's people
Where they do things different; thought he'd just come down


He was going to Dallas, Texas in a semi truck
Called from that big McDonald's, you know the one that's built up
On that great big ol' bridge across the Will Rogers Turnpike
Took the Big Cabin exit, stopped and bought a carton of cigarettes


At that Indian smoke shop with the big neon smoke rings
In the Cherokee Nation hit Muskogee late that night
Somebody ran a stoplight at the Shawnee Bypass
Roscoe tried to miss 'em but he didn't quite


Bob and Mae come up from some little town
Way down by Lake Texoma where he coaches football
They were two year champions now for two years running
But he says they won't be this year, no they won't be this year


And he stopped off in Tuska at that Pop's Knife and Gun place
Bought a SKS rifle and a couple of full cases
Of that steel core ammo with the Berdan primers
From some East block nation that no longer needs 'em


And a Desert Eagle that's one great big ol' pistol
I mean, 50 caliber made by bad ass Hebrews
And some surplus tracers for that old B-A-R of Slayton's
Soon's it gets dark we're gonna have us a time
We're gonna have us a time


Ruth-Ann and Lynn come down from Baxter Springs
And that's one hell raisin' town way up in Southeastern Kansas
Got a biker bar next to the lingerie store
That's got the Rolling Stones lips up there in bright pink neon
And they're right down town where everyone can see 'em
And they burn all night, you know they burn all night
You know they burn all night


Ruth Ann and Lynn, they wear them cut off britches
And those skinny little halters and they're second cousins to me
Man I don't care I want to get between 'em
With a great big ol' hard-on like a old Bois D' Arc fence post
You could hang a five-rail gate from
Do some Sister twisting 'til the cows come home
You know we'll have us a time,
we're gonna have us a time


Uncle Slayton's got his Texan pride
Back in the thickets with his Asian bride
He's cut that corner pasture into acre lots
He sells 'em owner financed strictly to them


That's got no kind of credit 'cause he knows they're slackers
And they'll miss that payment, then he takes it back
He plays that Choctaw Bingo every Friday night
He drinks his Johnny Walker at that Club 69


We're gonna strap them kids in give 'em a little bit O' Benadryl
And a Cherry Coke we're goin' to Oklahoma
Gonna have us a time, gonna have us a time
 
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