Wargaming Insurance – the last act of a failed enterprise.

44 Responses

  1. Shadora says:

    I think the issue here is thinking there is insurance for stocks. There is no insurance policy for stocks that I know, but investors will buy an actually stock in the hope that it goes higher. Let’s say 1000 shares of Amazon for 200,000 (2000 a share). You could then buy a stock option put which has a Jan 2020 expiration date and a strike price of 1800 (options are sold in groups of 100 shares). So 20 put options strike price 1800. If the stock goes below 1800 your losses are covered. You have insured a stock collapse.

  2. Shadora says:

    Stock options given to executives are taxable. Dividends are also taxable once a certain threshold is reached based on total income.

  3. Shadora says:

    Stock options are high risk deviritives that should be avoided unless of course if you are a CEO getting them as compensation.

  4. Gomez_Adams says:

    Nothing is taxable that doesn’t pay you. Not until you cash out are you required to pay taxes, and even that is on gains only, not overall value.

    That’s why options are more valuable: they avoid taxes. You use the value of them to finance your life and use the interest you pay as a deduction against the very taxes you’ll pay later when you cash out.

    It’s a game of the rich, by the rich, for the rich.

    That’s why Apple hasn’t paid one single penny in taxes to the United States in decades. They don’t ever pay any dividends and none of their money exchange is done in this country.

  5. Shadora says:

    What Elon musk did by making believe they were going private was to try and make the short sellers have to sell their short position due to margin calls for many of them. This means he was trying to screw them because they have been right about Tesla for years and it would not shock me if people in the company sold stock during this artifical rise in stock price. This amounts to insider training and stock munipulation.

    No one is buying Tesla to go private for 70 billion. They lose 10k for every car sold. Their business model is not sustainable without free money with more stock issuance. They might get investors to pony up and buy a couple of billion in new stock but they are staying a public company for the free money.

  6. Thing 1 says:

    Dude, what the fuck is wrong with you? That’s what he just fucking said:

    That is why Elon Musk is presently under investigation by the SEC: He made claims that he was taking the company private and already had the funding to do so secured.

    That caused the stock to quickly skyrocket which caused the short sellers to lose a fortune. Then of course it comes to light he never had the funding, which can only mean he made a false statement intentionally to hurt short sellers who he is on record as absolutely hating.

    I know you’re in the habit of wanting to sound like a fucking know-it-all and everything, but now you’re just looking like smug asshole.

  7. Shadora says:

    Options are taxable but hard to report on taxes due to a portion of them being ordinary income and another portion being capital gains.

    Companies worldwide avoid taxes by never letting the money leave their tax haven coutries, like Ireland for example which has a low tax rate. As long as the money remains there they never pay the higher tax in the US. The corporations then make the US subsidiary show expenses in line with revenues there little to no tax. They take advantage of depreciation and other expenses to show almost no profit in that country.

    The problem is lowering corporate tax in the US like Trump did does nothing because other countries are still cheaper. The only way to counter this tax haven is to make corporations pay tax based on the average revenue and expenses worldwide and divide by revenue and expenses based on the % of these two numbers in that country or to not have tax treaties with low ball tax rate countries.

  8. Shadora says:

    It looks like I pissed off some people here which of course was not my intent. I am typing on a tablet and my connection is not that great on WiFi where I am so it is ta king some time to type. I think the insults take it a slight bit far though. Say I’m wrong but don’t insult me.

  9. Thing 1 says:

    When you start spouting shit off somebody else already said like you’re some end all be all of information, yeah. It fucking pisses me off. Read before you post. You’re coming off as a self righteous, know-it-all dickhead talking down to a room full of kindergartners.

  10. Shadora says:

    This will be my last post and I thank you all for the discussions and to Thing_1 for letting me post here. It was great fun and good luck in the future with this site. It is hysterical but I won’t be talked to like that by anyone.

    Totally low class move. If it offends you that someone actually knows what he or she is talking about because they are in the field as a CPA then I’m very sorry.

    Good luck to you all in the future in everything you do.

  11. Gomez_Adams says:

    That escalated quickly.

    At any rate, my Parthian post on this thread is simply this: the entire stock market is, in the end, nothing more than a gigantic Ponzi scheme. People hurl money at projects that have little to no real worth. Billionaires are formed overnight based on something that actually loses money. (Facebook, Tesla, Amazon…all are still, in the end, in debt to an absurd point given their valuations.)

    The final death knell took place just a few months ago when a real company that made real things of value, General Electric, was kicked off the Dow Jones in favor of who?

    Walgreens. A freaking drug store.

    Think of everything GE does. Everything from jet engines to washing machines to microwaves to light bulbs and all things in between.

    It’s one of the greatest American companies to ever exist on earth.

    And it’s not worth listing anymore because of drugs. If that doesn’t tell you the real scope of how bad things really are, nothing will.

  12. Thing 1 says:

    This will be my last post and I thank you all for the discussions and to Thing_1 for letting me post here. It was great fun and good luck in the future with this site. It is hysterical but I wonโ€™t be talked to like that by anyone.

    Don’t let the door hit you in the ass on your way out, you self-righteous fuck.

    Next time, read before you post rather than spewing bullshit you think we don’t know when one of us has already covered the fucking topic.


  13. TheFouledAnchor says:

    Seriously? Seriously? I don’t even know what to fucking say, other than, wow, holyshit batman…

    Although, there is something to be said when you think somebody/something has hit the bottom of the barrel, but then they dig a basement under the barrel… These ass clowns are digging so deep, they must be part mole or something… Wow, what a bunch of dumbasses…

    Whoa, been gaming for damn near 35 years, and I have NEVER SEEN ANY SHIT LIKE THIS… Seriously folks, this made my jaw drop. Few things do.

  14. Beorn_of_the_NorthernSea says:

    I go away for a little while, get a hip replacement, I come back and everything goes to fucking shit!!! JESUS! I am so sorry about all that Gomez!

  15. Thing 1 says:

    Shit man! Hip replacement? Didn’t figure you for that old. Get better man. Shit…it’s the walking dead around here; you with a hip, Gomez with his back…

  16. Gomez_Adams says:

    Wow, Beorn. Sorry to hear that, man. That’s a tough row to hoe.

    And yeah, we’re a bit of walking wounded around here. I had my first follow up exam yesterday. She (my neurosurgeon) put me on a regimen of steroids, so I’m all jacked up and can’t sleep. Not that that’s anything new. Other than that I’m doing well. At least now I can feel my legs and walk standing straight up without a limp. ๐Ÿ™‚

  17. Beorn_of_the_NorthernSea says:

    Thing 1, you do me great honor sir. Actually, I am staring 50 in the face. However, I am also, 6’6″, 325lbs., and spent over 30 years of my life playing football, wrestling, kickboxing, and, believe it or not, sumo. So… I’ve beaten my hip joint into a fine mist. Just getting back into walking now (I kid you not, the “heavy-duty walker” looks like scaffolding; might as well park it against the corner of a building and start doing 2nd story work!)

    Gomez, you get better man… Spines are no friggin joke. Knees and hips and shoulders are nothing, but spinal fusions and the like? That is some serious surgical work. I’m not a religious man, but I WILL be sending out all the healing vibes I can for you!

  18. Insurrectional_Leftist says:

    Tell me about it. I’ve got 2 more appointments with my neurologist between now and the turn of the year, just got done with one the other day. One doctor just doubled my meds/px the other day, and will do another brain scan at the turn of the year.

    I think we all on here are getting broken down in our heath in some form of our selves in one shape or form or another. “We are all Wargaming surviors !!” LOL ๐Ÿ˜€

  19. Thing 1 says:

    EWOT’S home for wayward cripples. ๐Ÿ™‚

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