Weekend Political Quiz: Find the common link & win great prizes!

[Max E.]

When short sellers lean on insolvent companies leaning on the edge of bankruptcy it creates an endless deathspiral shares get cheaper, they print more shares, and they basically print their way to zero look at a 5 year chart on something like DRYS, shorts have been crushing that thing all the way down, and they just sell more shares and reverse split....... shorts sellers can absolutely lean on a company and destroy it when its teetering on insolvency.

(Im not chalking DRYS up as a company that wasnt a piece of shit, but once it got in the death spiral shorts were absolutely able to take it down, and theres no recovery once that happens, other than massive dillution.) There was no point at which DRYS traded at 50k a share, thats just non stop printing and reverse splitting.

 

[Frederick Foresight]

Bain took apart a bunch of manufacturing companies that were in the death spiral, but they were able to do it because at first they were able to fix the balance sheet, what Bain did is no different than what Soros did, bottom line when a company is teetering on insolvency, you can either cut it into pieces, or hold it to zero, i dont know of any billionaire who made a point of holding it to zero. Maybe you can show me the examples of the winners of held it to zero...... Dick Fuld held it to zero....... but im not sure i could say that was winner....

You can take the false equivalency ride as far down as you want to go, but not all of the companies Bain targeted were anywhere near insolvent or on the edge of bankruptcy. Some were put there by Bain.

https://www.bloomberg.com/view/articles/2012-08-12/bain-s-creative-destruction-destroys-lives

https://thinkprogress.org/romneys-b...ter-of-the-companies-it-invested-c01fe0b637f/

 

[Max E.]

You can take the false equivalency ride as far down as you want to go, but not all of the companies Bain targeted were anywhere near insolvent or on the edge of bankruptcy. Some were put there by Bain.

https://www.bloomberg.com/view/articles/2012-08-12/bain-s-creative-destruction-destroys-lives

https://thinkprogress.org/romneys-b...ter-of-the-companies-it-invested-c01fe0b637f/

And none of the companies Soros shorted into oblivion were put there by him? lol it aint false equivalency dude its reality....... at worst most companies would have a longer life span without people like Soros you really think hes noble? Do you think that what Ackman does is noble??? Do you think that companies like Citron research (who decimated VRX) is somehow more noble than Bain? I mean when you Cut the price of a biotech in half with a tweet, what happens to it? VRX could have survived at 200 per share, cause they could have raised capital but now they are in the death spiral.

I feel like i shouldnt even need to say it again, but if you cant see what happens to companies that become soft, based on the sharks tearing them to pieces, then you arent watching the same stock market, there was nothing more noble about what Soros did.

 

[Max E.]

I dont get why its so hard to admit that, im giving you the fact that both Romney and Trump had shady business dealings, for some reason you cant admit that Soros the infamous short seller destroyed companies too.

 

[Frederick Foresight]

Short sellers sell overpriced stock. Once the stock price is in line with value, the short seller takes on additional risk by pressing it. In contrast, predatory LBO operators acquire some companies with the express purpose of tearing apart their carcass, even though their operations may be sound. But because their balance sheet and cash flow present the opportunity to gorge themselves, companies like Bain find them irresistible.

 

[Max E.]

Short sellers sell overpriced stock. Once the stock price is in line with value, the short seller takes on additional risk by pressing it. In contrast, predatory LBO operators acquire some companies with the express purpose of tearing apart their carcass, even though their operations may be sound. But because their balance sheet and cash flow present the opportunity to gorge themselves, companies like Bain find them irresistible.

I dont get why your willing to die on this hill..... if it was buffet i wouldnt argue but if you wanna go this route, please tell me why Soros is more noble than Trump. I happen to respect both of them as business people, but i dont think one is more noble than the other, Tell me about all the business opportunities Soros created in his life as a shortseller, that were far more noble than Trump putting his name on dog shit companies.

 

[Frederick Foresight]

please tell me why Soros is more noble than Trump.

You can't possibly be serious. I wouldn't know where to begin. But in a nutshell, Soros is an intellectual who has written more books than Trump has read. He is a philanthropist of global renown. He has excelled in his chosen field like few others.

Trump is a "businessman" along the lines of a snake oil salesman who would not have survived without his daddy's connections and trust funds, not to mention a little help here and there from Russian oligarchs and the mob, to keep him from going under.

 

[Max E.]

You can't possibly be serious. I wouldn't know where to begin. But in a nutshell, Soros is an intellectual who has written more books than Trump has read. He is a philanthropist of global renown. He has excelled in his chosen field like few others.

Trump is a "businessman" along the lines of a snake oil salesman who would not have survived without his daddy's connections and trust funds, not to mention a little help here and there from Russian oligarchs and the mob, to keep him from going under.

I have no doubt Soros is smarter than Trump id never debate that, but you could easily make the counter argument "How many jobs did Soros create in his business career vs Trump? I mean i would hold Soros in higher regard than Trump cause im a trader, but theres lots of metrics you could say Trump was far more beneficial for society....... infact if i had to guess the numbers arent even Close Trump probably employed an exponentially higher number of people than Soros........ its just reality........ Thats why i dont get why someone could think Soros is a saint and Trump is the devel, if you just break down numbers as a pragmatist.......

True or false Trump employed more people(by a long shot) than Soros? If you cant be honest about something as easy as that, then your mind is clouded by partisanship sorry dude.

 

[RRY16]

Dont get all bent but just curious if it's your ascertain that VRX would still be trading at a decent price if Citron hadn't tweeted? And do you think short sellers provide a noble service if the company's cooking the books or fudging numbers ala Enron? This has nothing to do with Trump or Soros.Thank

 

[Frederick Foresight]

True or false Trump employed more people(by a long shot) than Soros? If you cant be honest about something as easy as that, then your mind is clouded by partisanship sorry dude.

How about the metric of who repeatedly left stakeholders holding the bag? Also, which one was notorious for not paying contractors? Which one ran many of his businesses into the ground and scammed people? (Again, he'd have been lost without Daddy and his shady associates, so what does that tell you about his business acumen?) You can tailor your criteria any way you like but, on balance, Trump has no business being mentioned in the same sentence as Soros. You're trying to draw a false equivalence that doesn't exist in the real world.