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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: Horgad who wrote (4388)	2/4/2020 12:22:18 PM
From: elmatador	Respond to of 13801

The good news is American Airlines plans GOL partnership, new Miami flights in battle for South America Edward Russell American Airlines is not taking the loss of long-standing partner LATAM Airlines to Delta Air Lines lightly, announcing a new partnership with Brazilian carrier GOL and adding flights in Miami to maintain its leading position to South America. thepointsguy.com

To: Horgad who wrote (4388)	2/6/2020 1:36:46 AM
From: elmatador	Respond to of 13801

The very investors who bet against Tesla are helping make CEO Elon Musk very rich. Tesla shorts lost more than $5 billion in two days while Elon Musk’s net worth climbs $8 billion The very investors who bet against Tesla are helping make CEO Elon Musk very rich. Musk owns about 19% of Tesla’s stock, or 34.1 million shares. With the stock surging in two consecutive days of trading, Musk’s net worth grew $4.41 billion on Monday and $3.65 billion on Tuesday – $8.1 billion in total. Short sellers capitulating are part of the fuel for Tesla’s rally. These are investors who bet against the stock by borrowing shares from an investment bank and then selling them. Short sellers hope the stock will go down, so they can buy the shares back at lower prices and return them to the investment bank, turning a profit on the difference. But, with Tesla’s stock up more than 36% in the past two days, short sellers are getting crushed. Shorts racked up mark-to-market losses of $3.1 billion on Monday and $2.58 billion on Tuesday, according to data from S3 Partners. That’s $5.7 billion in losses in two days. With Tesla’s stock more than doubling since the beginning of the year, the firm says shorts have logged $11.5 billion in mark-to-market losses. And, when a stock price trends higher, short sellers are forced to buy back the equity at a higher price in order to cut their mounting losses. If enough short sellers buy in tandem, it can create higher demand and itself drive the equity price even higher, AKA a short squeeze. Tesla closed up nearly 14% on Monday at a record high $887.06 a share. Musk has previously made his disdain for short sellers well known, saying that he thinks the practice of betting against a stock should be illegal. He’s taken aim at everyone from firms like BlackRock to hedgefund mogul David Einhorn. He’s even mocked the Securities and Exchange Commission on Twitter, calling it the “Shortseller Enrichment Commission” – only days after he settled fraud charges the SEC brought against him. Two years ago, Tesla CEO Elon Musk promised the “short burn of the century” was coming soon, saying in a tweet that “flamethrowers should arrive just in time.” Musk on Monday tweeted three flame emojis.

To: Horgad who wrote (4388)	2/17/2020 3:24:41 AM
From: elmatador	1 Recommendation Recommended By DinoNavarre Read Replies (1) \| Respond to of 13801

The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by typhoons and crimped consumer spending. Consumers may have tightened their purse strings in response to the consumption tax hike. Japan increased its consumption tax from 8% to 10% in October, the first hike in five years in October. Economists estimate that consumer expenditure fell 7.8% in the fourth quarter, alongside declines in business investment and exports, according to Bloomberg.

To: Horgad who wrote (4388)	3/9/2020 12:42:00 PM
From: elmatador	3 Recommendations Recommended By DinoNavarre Horgad pak73 Respond to of 13801

Hi Horgad, On Chinese coming to assist Iraq to deal with its Coronavirus outbreak: I think that Chinese working there brought from China and are facing a backlash, the Chinese government sent Chinese health specialist to deal with it. Why I think that? From what I have been hearing about the Iranian Coronavirus outbreak, the locations of the outbreak (like Qom) coincide with the locations where the Iranians have nuclear facilities. Chinese working there returned from Lunar New Year and infected the Iranians.