Vic Wasteland Thread - 15.0

[Leroy Peterson]

https://www.facebook.com/nissan23GTR/?fref=ts

[emts]

1 hour ago, Birds said:

I'd rather use the Birds measure of power - rolling drag races baby

nothing like working your power out by something that you cannot accurately measure..

 

#trackdaysfordays

[Birds]

6 minutes ago, emts said:

nothing like working your power out by something that you cannot accurately measure..

 

#trackdaysfordays

It's binary and measurable...you're either in front of someone or you're not. Heaps more relevant to the real world use of most of these cars than the idiots throwing dyno figures at each other or trying to run 400kw through stretched ling longs.

[admS15]

400rwkw and stretched ling longs. That's like 600rwkw, easy.

[Daz]

23GTR the guy is a flog

Car has 200,000kms, fck all power and a big loud noisey exhaust so he can pick up 15yo girls at the station

[Mohsen]

you forgot that its famous though.

[Rekin]

Wtf a car has its own Facebook page?

[Birds]

So is Adam Goodes

[Leroy Peterson]

the days of carrying a lighter are over.

 

 

 

Welcome to the 21st century.

[Birds]

That's cool, they've replaced cheap disposable lighters you can store in your cigarette pack with a lighter-sized conjoint twin obstrusion for your phone that depends on its battery, just to rule out something for you to do when your phone battery is dead

[Leroy Peterson]

The pocket space you free up is replaceed with an emergency phone battery charger thing.

Birds where has the 88e hype gone? Isn't there an announcement pending?

[Birds]

What pocket space, your phone now takes up more

88E is stalemate at the moment it seems...anticipation peaked, everyone holding their positions now until news

[Leroy Peterson]

88E is stalemate at the moment it seems...anticipation peaked, everyone holding their positions now until news

Which is supposedly tomorrow. Hot copper? More like hot smoke amirite

[Birds]

Who said it's tomorrow?

[Leroy Peterson]

One dudes predictions. And because the prediction works in favour of everyone else, it received a whole bunch of up votes.

[Birds]

Spend enough time on there and you learn to weed out the cheersquadding and downramping. The former is useful for at least making you feel good about your shares but the really useful info is few and far between - good in depth analysis of fundamentals, some technical analysis (even though I don't really believe in that), people who can translate technical jargon into lamens terms for you.

What I think HC is most useful for is discovering volatile stocks (usually the most discussed) that will have movement whether up or down. This is what you want if you're trading short term.

[Leroy Peterson]

My dad is trying to get me into options... That shit is a bit complicated, but seems if you make a good call you can essentially make money without committing to buying shares to spending much moolah.

[Birds]

11 minutes ago, Leroy Peterson said:

My dad is trying to get me into options... That shit is a bit complicated, but seems if you make a good call you can essentially make money without committing to buying shares to spending much moolah.

Options 101

Options are good if you believe in the company's medium to long term success, but want to minimise risk investing in it, as they reduce the capital required to hold a given number of shares. They also allow you to take on a larger position with the same capital you would ordinarily have spent on shares.

Just like heads (regular shares), they can be bought and sold for a profit without actually ever converting the option into a head. They will usually trail behind the price of the heads by around the cost of conversion. 88e had options that cost 2 cents each to convert and were once traded for 0.1 cents. Convert to a head and each share has cost you 2.1 cents... = 250% profit if you sold at today's prices.

The two big downsides to options are 1. You have to come up with the capital/cost to convert the option into a share (not a huge problem, as you're usually converting an option because it will make you money, but a speed bump nonetheless), and 2. A time sensitive risk. Most options have an expiry date, so if the option has not been worth converting to a head in the meantime and it expires...so too does your money/investment.

Hope that helps!

[Leroy Peterson]

thnx m8. ill just wait for 88E to hit 18c (which should be next week).

 

in the mean time. Moh, buy these for the Stag.

http://page9.auctions.yahoo.co.jp/jp/auction/k221498156

[emts]

they look like calais stockies?