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re: Lumber prices are set for a shakeup with the rollout of new futures contracts

Posted on 7/24/22 at 5:28 pm to
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167506 posts
Posted on 7/24/22 at 5:28 pm to
All commodities are sold this way and have been for decades.

I knew a homeless man that once bankrupted two brothers trading orange juice futures
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16920 posts
Posted on 7/24/22 at 5:33 pm to
quote:

I knew a homeless man that once bankrupted two brothers trading orange juice futures


I heard sone African prince gave them a loan and they’re back in the game.
Posted by DontThreadOnMe
Member since Jul 2022
364 posts
Posted on 7/24/22 at 5:34 pm to
Wood shouldnt be a commodity any more than dirt is.
Posted by GeauxTigers123
Member since Feb 2007
1372 posts
Posted on 7/24/22 at 5:34 pm to
quote:

I knew a homeless man that once bankrupted two brothers trading orange juice futures


Is this a movie reference or a real story?
Posted by OWLFAN86
The OT has made me richer
Member since Jun 2004
176154 posts
Posted on 7/24/22 at 5:50 pm to
1/4 the normal amount of wood

Stout
Posted by GB1017LSU
Member since Nov 2015
957 posts
Posted on 7/24/22 at 6:15 pm to
quote:

I knew a homeless man that once bankrupted two brothers trading orange juice futures


Posted by MRTigerFan
Baton Rouge
Member since Sep 2008
4236 posts
Posted on 7/24/22 at 6:22 pm to
quote:

knew a homeless man that once bankrupted two brothers trading orange juice futures

And pork belly
Posted by BuckyCheese
Member since Jan 2015
49850 posts
Posted on 7/24/22 at 7:47 pm to
quote:

All commodities are sold this way and have been for decades.


I've heard it called roller lumber. They ship it before it's even sold.
Posted by MontyFranklyn
T-Town
Member since Jan 2012
23832 posts
Posted on 7/24/22 at 9:54 pm to
I heard about that. Didn't the guy he partnered with to do it, ended up chasing ghosts or something?
Posted by Oates Mustache
Member since Oct 2011
22190 posts
Posted on 9/27/22 at 9:40 am to
quote:

I knew a homeless man that once bankrupted two brothers trading orange juice futures


Got damn, I love this movie. It's a favorite around Christmas time.
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