Business & Investing
Sponsored by

Stock Markets

24,652,010 Views | 233325 Replies | Last: 2 min ago by Heineken-Ashi
Farmer @ Johnsongrass, TX
How long do you want to ignore this user?
And so it begins..

(In case you missed it)

https://www.newscenter1.tv/sd-dot-to-close-i-90-from-rapid-city-to-wyoming-border/

Winter is at the doorstep.
cageybee77
How long do you want to ignore this user?
AG
As long as tu exists, they'll always be plenty of turkeys. We prefer prime rib anyway.
H-town ag
How long do you want to ignore this user?
AG
WWR News

Conference Call Thursday


ProgN
How long do you want to ignore this user?
BaylorSpineGuy said:

https://www.cnbc.com/2021/10/12/a-record-4point3-million-workers-quit-their-jobs-in-august-led-by-food-and-retail-industries.html

No idea how to benefit financially from this knowledge,
But this shows mass exodus from the work force 2 months ago. Their explanation was about continuing to work during a pandemic, etc., but these numbers from August are interesting. What we were all hearing at that time was "summer of re-opening" and getting back to work, etc. this reality is a far cry from that narrative.

I believe the true narrative is entirely different. People will not work at the current wage. Current salaries and fixed wages are barely covering now. Food prices, cost of labor, cost of goods, gasoline, etc., are now skyrocketing. This is a function of a devalued and ineffective dollar.

I ate at Uncle Julio's in Ft Worth Sat night. Historically a super busy hot spot at 8 pm on a Saturday (especially with TCU out of town). That restaurant never even got full. Maybe half to three quarters full. It was ominous. I think we are only starting to see the misery.

One play to consider if this continues would be to short Darden (DRI) or other big food chains. I'm always surprised to see that company's stock going up. But that restaurant chain has modified or removed some of the food offerings they historically had, so that's a consideration.
I wonder how many of those leaving is due to the vaccine mandates. Mandating vaccines as a condition of employment should be illegal, especially with the proof of waning efficacy of said vaccines. The fact they totally disregard natural immunity is only compounding suspicions that there is something very insidious about these vaccines.
FJ43
How long do you want to ignore this user?
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

TxAgLaw03RW
How long do you want to ignore this user?
AG
Definitely a factor and I'm dealing with it firsthand in our law firm. We will have employees leave and it might finally push me to start my own firm.

So as to not further derail the thread, I assume the WWR call is good and not simply to announce more rounds of fund raising and offerings. Could be wrong though, sounds like they will need significant capital before production can really begin.
BaylorSpineGuy
How long do you want to ignore this user?
But we're vaccine mandates the cause of people leaving work 2-3 months ago? This seems like a more recent phenomenon. I don't even remember a serious discussion about such a mandate in August….maybe rumors, but definitely not gospel.
ProgN
How long do you want to ignore this user?
Hospitals all around me started their mandates then and I had several friends leave their careers
Ranger222
How long do you want to ignore this user?
AG
if you think many of these worker shortages are because of vaccine mandates, you're missing the forest through the trees.

Is 5% of the workforce quitting because of mandates creating even greater strain on an already strained system, potentially leading it to break? Probably. But the question is why was is strained before the mandates. The quoted numbers are from August. Like already mentioned, many mandates weren't even announced in August, but on the horizon.
BrokeAssAggie
How long do you want to ignore this user?
My MIL works for United Health care and she is having to let go a young pregnant woman because she won't get the jab. It's pretty f'd up.
gig em 02
How long do you want to ignore this user?
Ranger222 said:

if you think many of these worker shortages are because of vaccine mandates, you're missing the forest through the trees.

Is 5% of the workforce quitting because of mandates creating even greater strain on an already strained system, potentially leading it to break? Probably. But the question is why was is strained before the mandates. The quoted numbers are from August. Like already mentioned, many mandates weren't even announced in August, but on the horizon.


Here is my guess (in order) for causes not attributed to natural attrition:

1. People being paid more to stay home
2. People being forced to go into the office when their job could be done remotely (and all of their friends and family are working remote)
3. Mandates
TxAgLaw03RW
How long do you want to ignore this user?
AG
Multiple causes is definitely the answer, which can probably be summed up into one cause: excessive government interference and intrusion into our lives.
BrokeAssAggie
How long do you want to ignore this user?
TxAgLaw03RW said:

Multiple causes is definitely the answer, which can probably be summed up into one cause: excessive government interference and intrusion into our lives.


Yep.
Ernest Tucker
How long do you want to ignore this user?
AG
Ranger222 said:

if you think many of these worker shortages are because of vaccine mandates, you're missing the forest through the trees.

Is 5% of the workforce quitting because of mandates creating even greater strain on an already strained system, potentially leading it to break? Probably. But the question is why was is strained before the mandates. The quoted numbers are from August. Like already mentioned, many mandates weren't even announced in August, but on the horizon.


My guess:

1. The producers are no longer going to support the looters
2. There is a hidden valley in Colorado where they can start over
3. Who is John Galt?
Socialism Sucks
How long do you want to ignore this user?
AG
The recent JOLTS report is the consequence of a tight labor market.

Likely a lot of employees are leaving their job for one that pays more. Companies are having to get more competitive to fill positions.

Several other factors are likely, but I doubt millions are quitting there jobs to sit at home. Surely some of them are. But I could be wrong though..
McInnis 03
How long do you want to ignore this user?
AG
AAPl reclaimed all the losses from last nights press.
Ernest Tucker
How long do you want to ignore this user?
AG
Socialism Sucks said:

The recent JOLTS report is the consequence of a tight labor market.

Likely a lot of employees are leaving their job for one that pays more. Companies are having to get more competitive to fill positions.

Several other factors are likely, but I doubt millions are quitting there jobs to sit at home. Surely some of them are. But I could be wrong though..


I think this is a growing aspect of it all. Inflationary pressure is felt by all of us from food to gas to Property taxes. All the while staying at your long time employer will get you maybe 3% merit increase.

Employers may be getting competitive to hire new employees, but they are slow to be competitive to keep them.

In trying to keep up with inflation, many could be job hopping.
Bob Knights Paper Hands
How long do you want to ignore this user?
TxAgLaw03RW said:

So as to not further derail the thread, I assume the WWR call is good and not simply to announce more rounds of fund raising and offerings. Could be wrong though, sounds like they will need significant capital before production can really begin.

That was my initial thought as well. I think this would be a terrible time to announce more shares since it's just barely started it's move back up. Why dilute shares at $3.80 when you can do it at $5? As far as the $200+MM, wasn't there some partnership with the state government to help fund the project? Is that already considered and Wes****er has to come up with $200MM on top of that?
FTAG 2000
How long do you want to ignore this user?
AG
TxAgLaw03RW said:

Multiple causes is definitely the answer, which can probably be summed up into one cause: excessive government interference and intrusion into our lives.

Even shorter: the Dem policy plan is laser focused on destroying small business and the middle class in this country. And lots of folks are saying f it.
Triple_Bagger
How long do you want to ignore this user?

Ags2013
How long do you want to ignore this user?
AG
WWR gets whack-a-moled every time it tries to make a move.
Brewmaster
How long do you want to ignore this user?
AG
gig em 02 said:

Ranger222 said:

if you think many of these worker shortages are because of vaccine mandates, you're missing the forest through the trees.

Is 5% of the workforce quitting because of mandates creating even greater strain on an already strained system, potentially leading it to break? Probably. But the question is why was is strained before the mandates. The quoted numbers are from August. Like already mentioned, many mandates weren't even announced in August, but on the horizon.


Here is my guess (in order) for causes not attributed to natural attrition:

1. People being paid more to stay home
2. People being forced to go into the office when their job could be done remotely (and all of their friends and family are working remote)
3. Mandates
Bingo!

and to #3. "mandates" is all Let's Go Brandon can call it. They are not law, they are not even enforceable (except of course, "your'e fired" if they company wants to bend to communism. Lawsuits are already gearing up, as they should.
Charismatic Megafauna
How long do you want to ignore this user?
AG
You guys killing me with all your doom and gloom talk. I paper handed one of my upwk runners for $6 this morning, taking some profits on crwd december calls (almost a double! ), eyeballing these sofi calls. Nobody ever something something, right?
Brewmaster
How long do you want to ignore this user?
AG
c'mon down AAPL
Bob Knights Paper Hands
How long do you want to ignore this user?
Ags2013 said:

WWR gets whack-a-moled every time it tries to make a move.


FTAG 2000
How long do you want to ignore this user?
AG
SOFI
Brewmaster
How long do you want to ignore this user?
AG
from Tic:

Weekly auction has now evolved. We are seeing few major themes emerge in past couple sessions which may drive S&P500 lower (into 4180-4216) . Now 4333.

1. AAPL situation needs to be monitored. We turn bear on stock at 147. Now 139. There's isn't much support below 136 all the way down into 126-127.

2. Noteworthy #bitcoin trading volumes have exploded. This is important context in light of recent equities action.

3. We have been bearish S&P500 since 4380. We don't see a need to perk up now about spooz as long as we now stay below 4360.

4. Levels will be provided on down side . Feel free to share this broadcast with traders like your self. We expect atleast 50 shares (private and public).


98PercenterAg
How long do you want to ignore this user?
AG
Incrementally picking up more WWR as it slides. Odds they sell the news on this conference call? Personally I'll be flipping a coin for my prediction
Bob Knights Paper Hands
How long do you want to ignore this user?
$GDX flagging here, maybe prepping for another move up.

It will be interesting to see what the short interest is for &WWR in mid-Oct when that data comes out. Did shorts cover during that PM after the feasibility release or are they furiously adding to short positions now to try to maintain control?
FTAG 2000
How long do you want to ignore this user?
AG
Board favorite TTD with a nice reversal into an uptrend on the daily. Didn't catch the bottom but in at 69 area.

McInnis 03
How long do you want to ignore this user?
AG
AMD looks really appealing....breaking several flags to the upside here this morning.
irish pete ag06
How long do you want to ignore this user?
AG
irish pete ag06 said:

Triple_Bagger said:

PROG volume. 100M trades in first hour. Float is only 20M.


Flow is hella bullish for the OCT 15 calls... Apparently it's pretty high short interest too. All of those are ask side buys from today. Someone is trying to gamma squeeze this thing I think.
New theory... market makers are diong everything they can to keep the 2.50 calls for 10/15 out of the money. Right now they are winning.

Red Rover
How long do you want to ignore this user?
AG
98PercenterAg said:

Incrementally picking up more WWR as it slides. Odds they sell the news on this conference call? Personally I'll be flipping a coin for my prediction

Looking at the volume in the opening hour versus hourly volumes from yesterday, this appears more a lack of buyers at the open than some massive effort by bears. Maybe buyers are waiting to see after the call was announced but profit takers and bears are taking this opportunity now
SpeedyAg90
How long do you want to ignore this user?
AG
DNN, I like what I see ! Going against Macro.
Triple_Bagger
How long do you want to ignore this user?
The entire float traded 16 times yesterday. They're shorting the heck out of it. Fidelity has no shares available to short and the borrow interest rate is 42.25%!

**Update, I just bought 10/15 C2.5s for 0.29 just in case the MMs lose control here. I already sold 11/19 CCs against my shares because I don't think this price holds.
First Page Last Page
Page 4547 of 6667
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.