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GCrites

Burj Khalifa 2,722'
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Everything posted by GCrites

  1. GCrites replied to a post in a topic in Urbanbar
    Yes the '90s were very poorly documented/archived, especially the second half. In the '80s everything got saved. Not helping is the huge masters fire of 2008.
  2. GCrites replied to a post in a topic in Urbanbar
    ^You know, when I was younger I had no idea why a lot of women like older guys so much That video really hammers home how young guys have all these girls right next to them but...
  3. You hear about people wanting to move there (or actually moving there) in order to fully take in the Bluegrass music and culture, then when you live there you find out you can see just as much Bluegrass in Columbus or Cincinnati and that the shows down there are dominated by Bobaflex and other nu-metal bands. And that people are nuts about Clutch.
  4. The media biz uses DMAs so I guess CSAs aren't much use then, really.
  5. I thought that Morrow was new to the MSA in 2010 or so and that Hocking was very new, like less than two years. Perry was also a relative newcomer at less than 20 years. Knox, Logan, Marion and Ross are CSA but are also Micropolitan areas of their own. If it's by CSA then Muskingum and Gurnsey should be added as well.
  6. I bet Cranley does not want the big boys coming to town.
  7. ^That seems like a good way to constantly add counties to any metro until you run into another metro. Maybe that's the goal?
  8. So Hocking County has been added to the metro, which shares far more of its economy with Athens and Lancaster than Columbus. To me, Marion, Logan and Knox Counties are questionable too.
  9. If you throw a few points an underwriter's way they will probably be able to come up with a way to get you a loan. In addition to the points your interest rate will be higher.
  10. ^Infomercials. These modern versions of infomercials aren't being used to sell cars. They sell stock. The cars are fine. Of course I hate that the company, like most, is focused on SUVs and crossovers but that's what people are told to buy. They don't need infomercials. The stock does.
  11. None of this matters for TSLA if tech bros that already make too much money and haven't seen any decrease in their income continue to buy the stock though since they don't see these things. It doesn't matter if they don't sell cars if the stock price is fine if you are allowed to be in the stock business far more than you are into the car business.
  12. The used car market is rapidly becoming flooded with lease groundings and the fact that auto auctions are closed down. Dealers don't need more used cars since a lot of them are closed or doing vastly reduced business. Rental car agencies aren't able to sell their old cars either, plus they'll need money from not renting out the cars to travelers. The only reverse of this is that dealers aren't taking in trades from not selling cars.
  13. That's bad for sure, but not as embarrassing as going from $1 to $10. Or $0.50 to $5 -- a good way to go back to $1 real fast.
  14. To clarify, what you're talking about is not a reverse split (where you combine shares to raise the price of them) but just issuing discount shares. Pre-existing shares are not combined in the model you describe. But both a reverse split and issuing discount shares are signs of jankyness! But legal. Penny stock people look at both as just part of the game.
  15. Due to built up losses from their retail arm. Even if they turn a profit on the retail ops a quarter or two they can dig up losses that they've been saving for a special occasion since they lost so much for so long.
  16. Trump's mouth
  17. I have no problem with the success of AWS. But we shouldn't let the rest of the country turn into trash or stifle the development of other e-tailers just so that Amazon doesn't have to pay taxes on AWS.
  18. Yes. But for a company that wants to be taken seriously by anyone but penny stock traders it's counterproductive due to the signal a reverse split sends.
  19. The company would function much better without Musk but the share price would drop. If the now-disproven notion that a company's only reason for existence is to maximize the wealth of the shareholders you keep him, but for the long-term viability of the company, to be a good corporate citizen and provide value to all stakeholders including society (even ones that do not consume the company's products) he should go. Not just "electric cars are better long term for the environment than ICE, so we can waste political leader's time and resources with unusable ventilators during a health crisis" and "electric cars are better long-term for the environment than ICE, so it's OK to screw with the people trying to help children stuck in a cave".
  20. Housing supply/cost? That's true of most cities though. Stryker empty?
  21. Keep in mind that being low-margin high-volume requires everything to go perfectly or else profit disappears and losses can compound very quickly. When you've put yourself in a position where even selling things at MSRP but still manages to be low-margin (or even negative) as Amazon has, any imperfection makes raising volume the enemy. Margin allows far more flexibility and keeps companies out of trouble.
  22. It will be interesting to see if Amazon and Netflix profits actually increase from this surge in demand. If Netflix didn't really pick up any new subscribers due to already being at full saturation but their servers become overworked/have to add capacity and they have to pay out a ton more royalties they are worse off. With Amazon, any profit that wasn't from streaming, AWS, selling search tech or selling unused Prime subs was tenuous at best under uncompromised conditions. Now they have to hire a ton of people and deal with sub-optimal logistics system. You often lose the most money when your revenue is highest due to all the bending over backwards you did to get it.
  23. GCrites replied to a post in a topic in Roads & Biking
    Same ol' same ol' with "disruptive" companies. Everybody involved including old-school competitors loses a ton of money and arrives almost right back where things were before. Cabs have apps too plus an optimized fleet and support structure while the new people supporting the internet (drivers) are stuck with massive bills and an inability to make money using their personal assets.
  24. Hapless XFL.