linglingfool

[linglingfool @linglingfool]

@volisdead Makes a lot more sense for GOOG to do an ATM with how hard they've run recently, but not Zuck.

That said, their capex spending is going to continue to grow as component pricing increases show no signs of slowing down.

[linglingfool @linglingfool]

@volisdead I was your exit liquidity. I just don't think they just blindly do an ATM at these levels -- FT article mentioned issuing mandatory converts instead. They went to great lengths to structure that Blue Owl deal; they're not stupid when it comes to raising.

[linglingfool @linglingfool]

@blondesnmoney Anyone who posted screenshots clearly did not.

[Derivatives Don @DerivativesDon]

Ignore Sunday night - respect Monday at 9:30AM

There was very little “forced selling” on Friday. Most of that requires the price to close at the levels.

There will be plenty of it on Monday morning.

That will also be when any panic from retail starts to hit the tape.

5/7

[Wagie Capital @WagieCapital]

Guy on WSB clawed back his former losses over 5.5 years only to blow it all again gambling on options over 8 days…

[linglingfool @linglingfool]

asking tough questions like this is why we need to support public radio

https://t.co/Hb2KMqPg6j

[John T. Conover @iBladesi]

$ONIT this is incredible. Who _are_ these sellers?

[linglingfool @linglingfool]

He *left the Packers game early*?!

What a sad excuse for a mayor.

[Chris Emma @CEmma670]

Mayor Brandon Johnson on the Soldier Field game day traffic: "Let me tell you how bad it is — Bears vs. Packers, I'm at the game, we're losing. I decide to leave to beat the traffic. Before I get out of the footprint, the Bears had come back to win."

[linglingfool @linglingfool]

@taobanker I thought you owned $FB

[linglingfool @linglingfool]

@SixSigmaCapital sounds bullish, let me buy $INTC

[paris martineau @parismartineau]

the current director of national intelligence is a guy who two years ago received a trophy declaring he “Fucks Only The Young” at an (oddly dildo focused) event he organized dedicated to the conspiracy that Bed Bath and Beyond never actually went bankrupt

[linglingfool @linglingfool]

@TheSpeculator0 @686Prism "check filters"

okay mom

[Meb Faber @MebFaber]

We're only one day into June and @Fidelity $100 ETF fee decision is going as expected...

...And I'm here for it.

[linglingfool @linglingfool]

@taobanker none

[linglingfool @linglingfool]

@Merridew__ Once you get down 33%, things get interesting as the 3x levered ETFs get liquidated. Not sure there are enough buyers to absorb that sudden rush of supply.

[linglingfool @linglingfool]

@SixSigmaCapital $TGEN

[Hunter Biden @HunterBiden]

@Boilers32 It most definitely was not. I would never have forgotten my drugs.

[linglingfool @linglingfool]

@DrBankrupt 3.1 Pro was pretty good when it came out, but has fallen off notably as of late.

[linglingfool @linglingfool]

Okay, there are multiple builder baskets, and I (aka Gemini) was wrong -- the CNI one does not govern here. $ONIT has plenty of capacity to authorize further repos well beyond the $30mm announced, which begs the question of why they have not.

[linglingfool @linglingfool]

$ONIT authorized another $20mm buyback today with the approval of the FOA deal. Didn't see a carveout last time I looked at the docs that would allow this, but below is a refresher on why their buybacks are capped.

[linglingfool @linglingfool]

@blondesnmoney @WSJ honestly CME is worse than that a lot of the day

[linglingfool @linglingfool]

The answer is probably two things:

-Buybacks are accretive to TBV but do not help with ROE targets, since total equity does not change

- They're derisking some of their (high-cost) financing facilities