BillyCannonFan

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2 piece chicken dinner @ Popeye's
Wing/Breast
Mashed Potatoes
Biscuit

No drink

$6.59

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Dude look at the value menu.

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And I love how Popeye's has different prices on their Firecracker Shrimp. I've seen it as low as $4.99 and as high as $6.99. Don't they order their food from the same vendor?

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Doesn't the price of shrimp fluctuate with the market?

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I'll never understand how Arby's has survived this long with that shite they call a Roast Beef Sandwich

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I'll never understand how McDonald's has survived this long with that shite they call hamburgers.

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EAT MORE RICE! I'm sure as hell hoping that my husband is done with harvest prior to the first game ... I've already told him I'm going regardless; I'm leaving him here ... although I will make his luch before I leave!!!

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We eat lots of rice. Mostly louisiana rice.

This depends on what your plans are for the cash.

If you want it to be immediately available for use, put it in a money market account.

If you're willing to give up a small amount of liquidity and take on a little more risk for higher returns, put it in a short term corporate bond fund.

So let's say farmer John is laying out his budget for the up coming year. He wants to know what he's going to get for his corn ahead of time, so he takes a futures contract to sell his corn at a predetermined price after harvest.

Let's say the contract is made at $2.00 a bushel for 10000 bushels.

Scenario 1

Farmer John take in his harvest. When he goes to market to sell, corn is at $1.50 a bushel. So the cash settlement of the futures contract nets him +$0.50 and the selling of the corn nets him $1.50 - he's made $2.00 a bushel.

Scenario 2

Farmer John take in his harvest. When he goes to market to sell, corn is at $2.75 a bushel. So he has to pay the futures contract holder $0.75 and he then sells his corn on the market for $2.75, netting $2.00 a bushel.


OK, so here's the question.


Scenario 3

Farmer John's harvest fails due to, I dunno, whatever can cause a crop to fail. He has 0 bushels. Corn is at $3.75 a bushel. So he has to pay the futures contract holder $1.75 a bushel for 10000 bushels. He's out $17,500 and has no corn to sell on the market.


How do farmers in real life prevent Scenario 3? Is there insurance they can buy that will pay the settlement of future? Or is there a contract they can make with an inverstor that says "If, and only if, my crop fails, this futures contract becomes your contract, and whatever gains or losses from it are yours to deal with?" Do they buy puts on their futures as insurance?

Starbucks is stupid for even trying to get into the BR market. Baton Rouge was already full of a great variety of coffee shops - both individual shops as well as local and regional chain shops. Coffee Call, Perks, CC's, to name a few. Plus Starbucks charges out the fricking arse.

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Liberals are touting a down economy myth with global warming to destroy america, it's so obvious.

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You're right. Its a mass conspiracy to destroy America. You figured it all out. We're all really Communists that were planted here in the 50's.

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sell half now and sell half at 20. FNM will eventually go to zero, if there is any justice in the universe.

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Should have sold when the Colonel told me to take the money and run! Its at 15.63 as of last trade!

Oh well, still much more in the black than I thought I would be at this time last week!

About 1/4 of the stock I have in FNM was actually bought over a year ago (at a price I'm not even going to mention) - so I could sell those and take a capital loss while locking in a bit of the profit I just made off the rest of it, deferring the taxes.

I'm thinking the reason the stock has been trading lower and lower as the day progresses (it was at 18.48 at one point very early in the day and has been dropping since) is because all the folks who bought in at 7,8,9,10 bucks are taking their profits now. And who wouldn't? It will go higher in the next few weeks.


Is FIFO the rule when it comes to capital gains, or is that just the default assumption? Can I specify which lots of a position to sell? How do I do that?



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(oops double post)

What is the best solution for the Fannie Mae problem?

I would tend to think that all options suck, but that the lesser of all the evils would be for them to raise more capital through new stock issues.

It fell from 13.20 yesterday to now at 9.43. Before Paulson's statement, it was trading at just below 8. It shot up to 9.45 in about 10-15 minutes.



Boy, day traders must be making (losing) a ton of money on this one.