fsfrms
66721
2747
44
Found this and thought it explained short selling pretty well for all you yobbos out there
Most Viral edit: sǝpnu puǝS
Jan 29, 2021 12:40 AM
fsfrms
66721
2747
44
Found this and thought it explained short selling pretty well for all you yobbos out there
Most Viral edit: sǝpnu puǝS
Mighty1
Isn't this capitalism? Supply and demand.
VagrantKoba
Gotta love Aussie translation, though I noticed they went for simplified.
missymischief13
wamphyri13r
This whole thing is wrong. He borrowed 5 packs and returned 4. Someone can't count.
gozer90
This is bothering me way more than it should.
earnie2023
As an Aussie, I thank you for putting it in a way that I can understand
CatatonicCowMoo
Sorry shouldn't it be 5 pack at 5 dollars? Or does he never give her back all of them, so every time he is in debt to her a pack more?
johnnyratbastard
ebonyfaery
On ya, Steveo!
Goonwolf
Cricket bat*
anoldiebutagoodie
This is the ONLY explanation that actually made sense to me....STRAYA MAAAATE
youcanreachmenow
So Australian, I love it
Longvehicle
Weblord
Spot on
Khazuki
I have a question. When shorting stocks, is there a deadline on "returning" them like in this metaphor?
graehall
Shorting explained via durries. I'm down.
drunkill
fucking bazza, what an ankle
flarflarf
its all true except that last part. As soon as any of the boys sells their smokes, the price tumbles because smokes are in no way worth $100
flarflarf
a pack. So a few of the boys will make out like bandits and the rest will lose their money. But Barry will be fucked, that much is true.
WesVTX
Now that every other post is explaining what's happening with Game Stop... PLS EXPLAIN WHAT THE HELL HAPPENED AT THE END OF TRADING PLACES?
gozer90
Oohhhh, yeah! Time to rewatch that. Probably something very similar.
gozer90
“ No matter whether the price goes up or down, Duke and Duke collects their commission.”
WesVTX
“Y’All sound like a couple o’ bookies.”
Rumcokeonice
No wonder Archer hates Barry
huffthepuff
I had a coworker try to explain it to me and I kinda got it but after reading this now I really get it!!!
SuprisedPikachuFace
This genuinely helped clarify things forj me, I finally understand what the fuck is going on. thank you
here4mischief
*cricket bat
TankTrain
crazyspelling
I am absolutely dumber for having tried to read that.
ForGondor
Nah cunt
KillerTofu69
Wasn't she supposed to get 5 packs back? Barry's a real piece of shit.
fsfrms
Massive dog cunt
UnattendedDeviant
Yup but I don't think it matter if the cigs are expensive to start with. Barry just thinks the price will go down regardless.
LukePerry
Ciggies are expensive in Australia
hardwoodninja77360
If Barry thinks that, he's never been to Oregon.
octomancer
Barry is even more of a dog cunt than you think, he is actively going to try and drive down the price of cigs
airen
The problem is they get charged interest if they dont return them n there is a limited amount available
BalaclavaBob
Pretty acurate.
BernieKl
No it isn’t. Barry has to pay interest on the borrowed cigarettes until he returns them. He simply needs to determine which option is (1/2)
BernieKl
(2/2) cheaper. So Barry returned the cigs early this week taking a loss which is offset by the call options, meanwhile Steve keeps buying.
BernieKl
Barry is laughing all the way to the bank, and buying new short options every time cigs hit new highs and selling on the dip.
BernieKl
Barry can play this game all day because he has more money than Steve and his friends combined, who will soon be holding a bunch of $500 cig
BernieKl
They can’t sell, when the price of cigs goes back down to $2. Steve’s friends are broke and then found out Steve sold all his cigs at $400
tehranosaurusrex
But he borrowed 5 packs and only gave back 4.
untidyjoseph
The translation is off though. Not enough use of the word fuck to be Aussie.
BalaclavaBob
And barely any cunts . I guess they were keeping it clean for the kids .
ComicPi
Nah it's like jazz. It's not the cunts you can see that you should pay attention to, it's the ones you can't
BeaveIt2Leaver
Also, Stevo and friends have bought SO MANY ciggies that the store's are out and Barry can't buy any until they come back around. Fuck Barry
LittleBallsOfSunshineInABag
So who are Claire’s friends with bats in this analogy? The real life version that is.
HereForTheSurpriseMeat
If they don’t give back ciggies, SEC are the cousins. But the cousins could also be the banks brokers lend from. If banks broke, then gov’t
circegirl
Except in Aust the SEC is ASIC and they have zero power
KinetoPlay
Bankruptcy and if we're lucky (yes, I am that petty) homelessness.
LittleBallsOfSunshineInABag
But if they keep getting bailed out, how will they ever meet these friends?
KinetoPlay
Call your senators right now. Call other senators too. Tell them anyone who bails out wall street is getting voted out.
Longvehicle
Why not ALSO their kneecaps?
BeaveIt2Leaver
Because as thirsty for blood as we are, we are better than them.
KinetoPlay
Kneecaps is illegal.
Longvehicle
neamhthábhachtach
FlannaganTheRed
Still have yet to see any explanation of shorting that doesn't make it sound like a scam.
frozenchicken
Shorting can be used correctly, like when people figured out Enron was scamming, and used it to burst their bubble.
macthelost
That’s cause it is, it’s just legal. But they sure do get butthurt when normies from the internet figure out they can play the game too!
iRegretThisUsernameAlready
When people buy cheaper products across borders it infringes regional pricing laws but somehow shorting and inflating prices is fine.
macthelost
Maybe where you live, but here in the US our entire economy is based on doing exactly that.
asrai86
I don't see how it isn't, tbh
kakivara
The part I don't understand is how they "borrow" the stocks, because they don't. They aren't actually taking ownership of the thing they're
kakivara
selling, so how does that work? They never get the actual stocks, they're just selling some stocks to someone, what, that they'll get in a
kakivara
week or something, actually receive the stocks in a week, and they're just waiting for the price to drop to buy the stocks that they need to
kakivara
give to their buyer? Is it nothing more than a promissory note to give you stocks in a certain time frame?