Can we finally classify them as terrorists now?
(HappyToastGroat froth, Fri 21 Apr 2017, 8:31,
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1 Timothy 6:10
(PrufrockLucifer, son of the morning!, Fri 21 Apr 2017, 8:38,
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Indeed, German traders are indeed dirty terrorists.
Not to be confused with our British freedom fighter traders.
(CerebusSticky! Sticky! Stick! Stick!, Fri 21 Apr 2017, 8:39,
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Russian
He was born in Russia and is called Sergey.
(DinivanXHas stinging piss after drinking Pact Coffee, Fri 21 Apr 2017, 9:23,
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Russian / German dual nationality trading in Germany = German trader IMO
(CerebusSticky! Sticky! Stick! Stick!, Fri 21 Apr 2017, 9:30,
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Don't agree
If you're born in Russia, you're called Sergey, you're involved in a large financial scam and you're blowing people up? That's got Russian written all over it.
(DinivanXHas stinging piss after drinking Pact Coffee, Fri 21 Apr 2017, 9:34,
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That meerkat from the fucking adverts?
(DraconacticusReject shampoo. Demand real poo!, Fri 21 Apr 2017, 11:06,
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They're advertising fucking these days? Where can I buy some?
(evil_andyStick stick stick stick sticky sticky stick stick, Fri 21 Apr 2017, 11:18,
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Your mum
:D
(DraconacticusReject shampoo. Demand real poo!, Fri 21 Apr 2017, 12:09,
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I have no idea what you're talking about
(DraconacticusReject shampoo. Demand real poo!, Fri 21 Apr 2017, 12:40,
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traderphobia
only a tiny tiny number of traders are terrorists. It is the traders who suffer most as a result of extremist traderist attacks.
(The Ann Coulter Fan ClubBabylon is burning at, Fri 21 Apr 2017, 9:03,
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It's their own fault for not speaking out against traderist attacks.
(CerebusSticky! Sticky! Stick! Stick!, Fri 21 Apr 2017, 9:12,
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this canard again
do you 'speak out' everytime someone cacks themselves in a drunken stupor? Do you speak out everytime someone is sick on a night bus? No, you don't. typical b3tard double standards.
(The Ann Coulter Fan ClubBabylon is burning at, Fri 21 Apr 2017, 9:18,
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I speak out against those things
But no-one listens because they are too busy cacking themselves whilst being sick.
(DinivanXHas stinging piss after drinking Pact Coffee, Fri 21 Apr 2017, 9:35,
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Oh go on.
(CerebusSticky! Sticky! Stick! Stick!, Fri 21 Apr 2017, 9:15,
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"The BBC's Aaron Heselhurst explains short-selling through the medium of an apple"
Poetic.
(immadme, Fri 21 Apr 2017, 9:39,
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Stop blaming the profession of peace!
(DraconacticusReject shampoo. Demand real poo!, Fri 21 Apr 2017, 9:51,
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You're thinking of brokers.
(MudfaceThe web isn't callipygian, Fri 21 Apr 2017, 10:52,
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doesnt say how much he would have profited by
Dont know much about how it works but cant imagine it was very much if the stock only dropped from 5.7 to 5.4 and his stake was only £65,000
(benito vaselinino not that one, Fri 21 Apr 2017, 10:13,
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I'm thinking if his great trade is based on bombing a bus,
he wasn't what you call a great trader. Bombing buses isn't alpha. It's just leverage in a short skirt.
(The Ann Coulter Fan ClubBabylon is burning at, Fri 21 Apr 2017, 10:18,
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On the basis of those figures he be just over 5% better off I reckon.
So maybe around £3250 to the good, which I'm not sure would cover the cost of the transaction or other charges.
(PrufrockLucifer, son of the morning!, Fri 21 Apr 2017, 10:25,
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explosive charges for one.
I suspect he was expecting the boom to be more big badda boom and the price to drop further.
(CerebusSticky! Sticky! Stick! Stick!, Fri 21 Apr 2017, 10:27,
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Do you think he had the chance to close out his position before they slapped on the cuffs?
(PrufrockLucifer, son of the morning!, Fri 21 Apr 2017, 10:34,
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I have no idea what "close out his position" means but I'm guessing it's some deviant sexual practise.
(CerebusSticky! Sticky! Stick! Stick!, Fri 21 Apr 2017, 10:49,
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When you short...
Your stake is basically the maximum you can make. You are selling shares someone else owns at today's price with a promise to buy the shares back within a certain time period and hand them back. You then trouser the difference.
The most he could have made was 65k.
(DraconacticusReject shampoo. Demand real poo!, Fri 21 Apr 2017, 10:36,
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That assumes the share price drops 100% to zero.
Under such extreme circumstances I think the deal might just be null and voided in the small print.
(PrufrockLucifer, son of the morning!, Fri 21 Apr 2017, 10:40,
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Indeed it does.
Seems like a huge amount of effort and risk for a maximum potential gain of 65k.
(DraconacticusReject shampoo. Demand real poo!, Fri 21 Apr 2017, 10:46,
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I was surprised he could find a bank or fund to short with when his capital was so low and was leveraged.
Anyway, this game is about yield not the pound note figure.
(PrufrockLucifer, son of the morning!, Fri 21 Apr 2017, 10:51,
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And now he can look forward to yielding his bum in the prison showers for the rest of his life.
(DraconacticusReject shampoo. Demand real poo!, Fri 21 Apr 2017, 11:00,
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yes, but it's always leveraged.
In this case he was trading options contracts - which are leveraged anyway - and probably trading on margin so perhaps a tenth of the contract up front.
(The Ann Coulter Fan ClubBabylon is burning at, Fri 21 Apr 2017, 12:06,
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Yes.
What I meant was he had no capital at all so he took a loan to even get the deal set up.
(PrufrockLucifer, son of the morning!, Fri 21 Apr 2017, 12:19,
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So really he stood to make fuck all.
He should have just mugged old ladies coming out of the post office.
(DraconacticusReject shampoo. Demand real poo!, Fri 21 Apr 2017, 12:28,
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As I understand it from what I've read, yes.
Frankly it all sounds rather implausible. I very much doubt he was short selling. He was probably spread betting.
(PrufrockLucifer, son of the morning!, Fri 21 Apr 2017, 12:33,
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