Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Off Topic > Off Topic - Trading The Financial Markets


Reply
 
Thread Tools Rating: Thread Rating: 9 votes, 4.11 average.
Old 10-02-2020, 09:42 PM   #2296
fast4522
Registered User
 
fast4522's Avatar
 
Join Date: May 2004
Location: New Hampshire
Posts: 14,398
Quote:
Originally Posted by lamboguy View Post
we live in a place that requires capital. the airlines first take everyone to the cleaners, they nickel and dime you to no end with your baggage charges, meal and liquor ripoffs. flight cancelation charges and canceling flights that don't fill up..

they now want bailouts, and if they don't get them they are going to lay hundreds of thousands people off. they figured out that we need the airlines to facilitate movement throughout the world.

now keep in mind that there has been plenty of times that planes couldn't fly, like when the terrorists hit us. they should have money put away in case of a rough stretch... but now, they give themselves as much money as they can put their hands in by getting rediculously high salaries and bonus.. i think American has only gone bankrupt 5 times so far. give me a break with these bailouts already.. none of us ever get bailed out like these banks and airlines..

the people in our government are going to give to the airlines and screw the regular person..
I do not think that you have a grasp on the size of the problem, a virus that does more economic damage than Osama bin Mohammed bin Awad bin Laden
fast4522 is offline   Reply With Quote Reply
Old 10-03-2020, 03:53 AM   #2297
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,657
Quote:
Originally Posted by fast4522 View Post
I do not think that you have a grasp on the size of the problem, a virus that does more economic damage than Osama bin Mohammed bin Awad bin Laden
when a pharmaceutical company brings a new drug to market they put away money knowing that they are going to get sued for billions somewhere down the line when the people taking their bad drugs get problems...when financial company's rob people and beat the system, they have money put away to pay their fines... it just happened this week to JP Morgan Chase, they had to come up with $1billion in a fine and more money for restitution. my business is down over 50% now, i was fortunate to put away funds to get me by the rough times.. i didn't come to you or anyone else for a handout. we can thank all our bleeding heart liberals that run the congress and executive office these days for understanding the situation better than myself.

i will try to get a better grasp of the situation i guess.
lamboguy is online now   Reply With Quote Reply
Old 10-05-2020, 12:26 AM   #2298
davew
Registered User
 
Join Date: May 2011
Posts: 22,459
what is your take on JP Morgan Chase fine for 'spoofing'? How can government tell that JPs computer program didn't just change their mind from market activity during the last few milliseconds?
davew is online now   Reply With Quote Reply
Old 10-05-2020, 01:37 AM   #2299
fast4522
Registered User
 
fast4522's Avatar
 
Join Date: May 2004
Location: New Hampshire
Posts: 14,398
Quote:
Originally Posted by lamboguy View Post
when a pharmaceutical company brings a new drug to market they put away money knowing that they are going to get sued for billions somewhere down the line when the people taking their bad drugs get problems...when financial company's rob people and beat the system, they have money put away to pay their fines... it just happened this week to JP Morgan Chase, they had to come up with $1billion in a fine and more money for restitution. my business is down over 50% now, i was fortunate to put away funds to get me by the rough times.. i didn't come to you or anyone else for a handout. we can thank all our bleeding heart liberals that run the congress and executive office these days for understanding the situation better than myself.

i will try to get a better grasp of the situation i guess.
"the airlines first take everyone to the cleaners" So I will focus on the one line, and ask you if you believe they are reactionary to half of a fleet that will just sit not flying for the foreseeable future? Or any set asides have not been eaten up in this industry almost overnight? Are you just saying me me me?

Last edited by fast4522; 10-05-2020 at 01:38 AM.
fast4522 is offline   Reply With Quote Reply
Old 10-05-2020, 08:08 AM   #2300
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,657
Quote:
Originally Posted by fast4522 View Post
"the airlines first take everyone to the cleaners" So I will focus on the one line, and ask you if you believe they are reactionary to half of a fleet that will just sit not flying for the foreseeable future? Or any set asides have not been eaten up in this industry almost overnight? Are you just saying me me me?
what is y9ur point here? are you saying the airline industry needs to be socialized?
lamboguy is online now   Reply With Quote Reply
Old 10-05-2020, 07:13 PM   #2301
fast4522
Registered User
 
fast4522's Avatar
 
Join Date: May 2004
Location: New Hampshire
Posts: 14,398
Quote:
Originally Posted by lamboguy View Post
what is y9ur point here? are you saying the airline industry needs to be socialized?
Not at all, and in no way is the size and scope of the airline industry have any comparison with a small business. You did a better than fair job in describing the airline industry as scabs, that is emblematic of how your kind rolls. I really do not know all of the challenges long and short that is in store for it, but I do know that we need it to survive and evolve.
fast4522 is offline   Reply With Quote Reply
Old 10-05-2020, 07:18 PM   #2302
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,657
Quote:
Originally Posted by fast4522 View Post
Not at all, and in no way is the size and scope of the airline industry have any comparison with a small business. You did a better than fair job in describing the airline industry as scabs, that is emblematic of how your kind rolls. I really do not know all of the challenges long and short that is in store for it, but I do know that we need it to survive and evolve.
yeah you are a real genius. YOU KNOW HOW MY KIND ROLLS, pretty sad
lamboguy is online now   Reply With Quote Reply
Old 10-05-2020, 07:27 PM   #2303
fast4522
Registered User
 
fast4522's Avatar
 
Join Date: May 2004
Location: New Hampshire
Posts: 14,398
In post #2299 you make no attempt to be objective on really easy questions, you are just very bitter. The airline industry is there to serve all of us, and I admit that I do not have the answers to its problems. You just can't be called out and then respond with an intelligent answer.
fast4522 is offline   Reply With Quote Reply
Old 10-06-2020, 07:34 PM   #2304
Ocala Mike
Registered User
 
Ocala Mike's Avatar
 
Join Date: May 2010
Posts: 5,005
Got lucky today - made a few bucks on Ford (F) in the money calls expiring in 3 days. Saw that Cramer made a positive comment before the market opened, so bought some contracts cheap. Held for 3 hours and almost doubled my money when I sold to close them just before the announcement on the stimulus sunk all the ships!
Ocala Mike is offline   Reply With Quote Reply
Old 10-15-2020, 08:43 AM   #2305
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,657
the past 6 weeks has been nothing but a gap and trap market from both sides... tough to make any money trading during the day...

great trade with Ford.... i like that you did it with defined risk, you pay for it, but its worth it in these types of markets..
lamboguy is online now   Reply With Quote Reply
Old 10-15-2020, 09:00 AM   #2306
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,657
Quote:
Originally Posted by davew View Post
what is your take on JP Morgan Chase fine for 'spoofing'? How can government tell that JPs computer program didn't just change their mind from market activity during the last few milliseconds?
i think they showed a pattern of spoofing for a long period of time... they aren't the only ones, but they got caught because they have the resources to do it for large amounts of money... if i see some order in front of me for a sell on Microsoft of 100,000 shares of the stock, i won't buy my 200 shares, i am scared.. then you see the order evaporate in thin air. when you cancel your order.

about 4:00 a.m. a few years ago someone dumped 5000 contracts of gold on the open market at once. the price of gold opened down over $100 that morning... 3 weeks later the price rebounded and then surpassed that decline...
lamboguy is online now   Reply With Quote Reply
Old 10-21-2020, 08:41 AM   #2307
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,657
AMY Press Release October 21, 2020
Inbox

Larry W. Reaugh lreaugh@amymn.com via icontactmail4.com
3:31 AM (5 hours ago)
to me




News Release - October 21, 2020


U.S. DEFENSE LOGISTICS AGENCY FUNDS AMERICAN MANGANESE INC. TO ADVANCE MANGANESE STOCKPILE
U.S. Senator and Congressman comment: Project is a “positive step” towards “durable source of supply”


October 21, 2020 - Surrey, B.C. Canada

TSX-V: AMY | OTC US: AMYZF | FSE: 2AM

American Manganese Inc. (“AMY” or the “Company”) is pleased to announce that the United States Defense Logistics Agency (DLA) has awarded the Company a grant to perform work on the United States Government’s manganese ore stockpile located near Wenden, Arizona, with the goal of producing electrolytic manganese metal (EMM) for the nation. The DLA manages combat logistics across all U.S. Armed Services and oversees the U.S. National Defense Stockpile (NDS).

AMY has been awarded a grant to conduct tests of the Wenden stockpile to confirm the viability of using the Company’s patented hydrometallurgical process to recover EMM from the stockpile. If successful, the DLA, together with AMY, will proceed to transform sub-economic manganese resources into a valuable source of EMM, an outcome in line with the DLA’s acquisition plan for EMM as well as President Trump’s Executive Order 13953 (September 30, 2020), “Addressing the Threat to the Domestic Supply Chain From Reliance on Critical Minerals From Foreign Adversaries and Supporting the Domestic Mining and Processing Industries.” This project has garnered strong support from members of the Senate and Congress:

“The United States should never be reliant on an adversary like China for minerals critical to our national defense,” Senator Martha McSally (R-AZ) said. “I have been working to bring America's crucial supply chain home from China and today’s announcement is a positive step toward that goal. This grant is great news for both Arizona and our national security."
"As a Member of Congress, it is seldom that I see such a clearly amazing opportunity,” said Congressman Paul Gosar (R-AZ). “The successful execution of this project could transform an unwanted stockpile of low-grade material, long ago paid for by the U.S. taxpayer, into a NDS stockpile material (EMM). The U.S. simply cannot remain dependent on Chinese supply chains — particularly when electrolytic manganese metal is a designated strategic defense mineral. The proposed project is a strong first step towards advancing a durable American source of supply."
Under AMY’s proposed program for the Wenden stockpile, selected sample materials would be tested through a laboratory bench-scale testing campaign to provide proof of concept of a future modular pilot-scale testing facility. The Company expects to commence the work soon once details have been finalized with the DLA. The total program is anticipated to take about 47 weeks.

The DLA grant constitutes AMY’s second project to gain support from the U.S. government. The Company, due to its development and ownership of the RecycLiCoTM technology, is also part of a team – which includes the Oak Ridge National Laboratory, the Idaho National Laboratory and Purdue University – formed by the U.S. Department of Energy’s Critical Materials Institute to research and advance recycling of electric vehicle battery materials.

The manganese market is greater than 41 billion pounds per year and is the fourth most-traded metal, but the U.S. is 100% import-dependent on manganese. There is no substitute for manganese in the production of steel and as BHP Billiton’s former CEO Brian Gilbertson has said, “You cannot make steel without manganese. And if you cannot make steel – the world stops.”

“We are very excited that AMY has been chosen to work on the Wenden manganese stockpile,” said Larry Reaugh. “We look forward to demonstrating that our patented process can deliver a material that is designated as strategic by the Pentagon, and is one of the materials covered by President Trump’s new Executive Order declaring a ‘national emergency’ regarding critical mineral development.”

Following the increased focus on manganese, the Company announced a review of its manganese assets and patents in the September 17, 2020 news release

About American Manganese Inc.

American Manganese Inc. is a critical metals company focused on recycling of lithium-ion batteries (RecycLiCo™) and the production of electrolytic manganese metal from low grade U.S. resources. The recycling process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at high purity, with minimal processing steps. American Manganese Inc. aims to commercialize its breakthrough RecycLiCo™ patented process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.

On behalf of Management

Larry W. Reaugh

President and Chief Executive Officer


Questions? Contact us today 1-778-574-4444

Email AddressTwitterLinkedInWebsiteYouTubeFacebook

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain “forward-looking statements”, which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward–looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. In particular, there is no assurance that the Company will be able to proceed with its plan to spin out its mineral properties to NewCo in a timely fashion, or that it will be able to obtain the necessary approvals to do it at all. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.


Unsubscribe
This message was sent to bostonhorses@gmail.com from lreaugh@amymn.com

Larry W. Reaugh
American Manganese Inc.
17942 55 Avenue, Unit2
Surrey, British Columbia V3S 6C8, Canada

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -


iContact - Try it for FREE
lamboguy is online now   Reply With Quote Reply
Old 10-21-2020, 10:38 AM   #2308
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,657
natural gas

its gone from 2.37 to 3.04 in 2 weeks.

dollar now ripping through 93, most likely won't go below 91 before election.

vix at 28


i have been getting to many of my buy side trades in at the bid. when i have been selling or shorting i am getting done on the bid as well.. when that happens, the markets usually get croaked.
lamboguy is online now   Reply With Quote Reply
Old 10-21-2020, 10:47 AM   #2309
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,657
Gold Will Be the Real Election Winner
Bob Moriarty
Archives
Oct 21, 2020

The Republican and Democratic candidates for president may be the most flawed in U.S. history. And yet one of these two men—God help us—will be sworn in this January.

If you’re like me, you’re not betting on either one. Government spending is already out of control. Replacing Trump, the self-proclaimed “King of Debt,” with Biden, a 47-year career politician, is unlikely to improve matters.

Whoever wins, we lose.

That’s why I’m putting my money on gold. Other investors appear to have done the same. The yellow metal is up 26% for the year, almost three times higher than the S&P 500.

I see only additional upside potential. The gold price has been trading sideways for weeks now, but I expect this to change as more government stimulus is rolled out and even more money is printed.

So how can you play the rally?

That will be the topic of discussion during my upcoming webcast with Frank Holmes, CEO and chief investment officer of U.S. Global Investors. The webcast will be held at 1:00 pm Central Time, on Wednesday, November 4.

That’s the day following the election, and it’s entirely possible we may not even have the election results at that time. But no matter—Frank and I both believe the real victor will be gold.

To register for the FREE webcast, click here. I hope you’ll join us!

###

Bob Moriarty
President: 321gold
Archives

321gold Ltd
lamboguy is online now   Reply With Quote Reply
Old 10-22-2020, 10:16 AM   #2310
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,657
unexpected positive on job numbers today

the economy grew 100,000 more jobs than expected last week..

market still on hold waiting for stimulus money to come in...Mc connell wants to give $500 billion, Pelosi wants $2.2 trillion, Trump wants much more than Pelosi. this will be a battle royal with less than 2 weeks to go before the election.
lamboguy is online now   Reply With Quote Reply
Reply




Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Advertisement
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 07:51 PM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.