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David einhorn this NJ deli which has one store, and almost no revenue valued at $113m is proof the market is broken
https://www.valuewalk.com ^ | 4/16/2021 | value walk

Posted on 04/19/2021 12:43:34 PM PDT by RomanSoldier19

In his first-quarter letter to investors of Greenlight Capital, David Einhorn lashed out at regulators. He claimed that the market is “fractured and possibly in the process of breaking completely”, as exemplified by trading in GameStop and Hometown International.

Einhorn claimed that many market participants and policymakers have effectively succeeded in "defunding the regulators." He pointed to the actions of billionaires Elon Musk and Chamath Palihapitiya, whose actions earlier this year, helped fuel the Reddit rally in stocks, according to the value investor.

(Excerpt) Read more at valuewalk.com ...


TOPICS: News/Current Events
KEYWORDS: nj; stocks

make any Thing but gold and silver Coin a Tender in Payment of Debts;

1 posted on 04/19/2021 12:43:34 PM PDT by RomanSoldier19
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To: RomanSoldier19

Sell!


2 posted on 04/19/2021 12:49:59 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults. )
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To: Jonty30

short


3 posted on 04/19/2021 12:51:25 PM PDT by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: RomanSoldier19

All right everybody@!
Stop buying all that ‘paper gold’ on the tv.
Go to an inperson mortar and brick coin store, and buy what you know, even ask them, first!

Better than that ‘tv paper gold’.


4 posted on 04/19/2021 1:01:18 PM PDT by Terry L Smith
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To: RomanSoldier19

It is mostly held by mysterious Chinese LLCs and the owner of the deli. Makes you wonder if something is going on. Is the high school wrestling coach in New Jersey laundering money for Chinese gamblers in Macao?


5 posted on 04/19/2021 1:09:24 PM PDT by proxy_user
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To: RomanSoldier19

No value but “worth” $113 million? Sounds like cryptocurrency.


6 posted on 04/19/2021 1:12:43 PM PDT by Blood of Tyrants (“Unlimited power in the hands of limited people always leads to cruelty.” ― Aleksandr Solzhenitsyn,)
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To: RomanSoldier19

one guy is long on their potato salad


7 posted on 04/19/2021 1:14:01 PM PDT by one guy in new jersey
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To: proxy_user

8 posted on 04/19/2021 1:14:40 PM PDT by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: RomanSoldier19

The Gabagool at this deli is worth its weight in gold!


9 posted on 04/19/2021 1:15:03 PM PDT by frogjerk (I will not do business with fascists)
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To: frogjerk

10 posted on 04/19/2021 1:15:53 PM PDT by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: Terry L Smith

Brass and lead — ammo — are more precious metals than gold or silver.


11 posted on 04/19/2021 1:16:20 PM PDT by carriage_hill (A society grows great when old men plant trees, in whose shade they know they will never sit..)
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To: RomanSoldier19

12 posted on 04/19/2021 1:25:35 PM PDT by Mozzafiato
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To: carriage_hill

Brass and lead — ammo — are more precious metals than gold or silver.

..............................................

When I die, someone could make a fortune by mining the lead in my a$$!


13 posted on 04/19/2021 2:14:22 PM PDT by Graybeard58 (The China virus doesn't scare me, Venezuelaism does.)
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To: RomanSoldier19

I am not a market sophisticate. This smells like money laundering to me.


14 posted on 04/19/2021 2:33:13 PM PDT by Savage Rider
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To: Savage Rider

You want real money laundering, look at modern art. Perfect medium to pay someone for illegal activities. Often the art in question never leaves the storage facility and all sales are private.


15 posted on 04/19/2021 2:51:37 PM PDT by LukeL
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To: Graybeard58

I’m still carrying a .32cal near my lower spine, from a robbery on 7/14/75 in West palm Bch.


16 posted on 04/19/2021 3:35:41 PM PDT by carriage_hill (A society grows great when old men plant trees, in whose shade they know they will never sit..)
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To: RomanSoldier19

.


17 posted on 04/19/2021 5:28:30 PM PDT by sauropod (Chance favors the prepared mind.)
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To: Savage Rider

The family that owns the business has millions of shares and sold a handful of them for $9 per share.

As I understand it, very little money was laundered.

The company is on some intermediate stock exchange, right above pink sheets but well below NASDAQ.


18 posted on 04/19/2021 8:59:28 PM PDT by scrabblehack
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