Can any one explain Trading Places climax to me?
When Eddie Murphy and Dan Akroyd's characters make money surrounded by the final deal, why exactly do they earn money? And how do they have power over to bankrupt their bosses contained by the process? i've never been competent to figure it out.Answers: They traded futures surrounded by (if I remember correctly) FCOJ (frozen concentrated OJ) and made it seem close to it was running due to using inside info. Mortimer/etc, jump in within the opposite direction thinking it be going in one direction when surrounded by fact it be about to crater.
Eddie and Dan closed their futures, making tons of money. The futures (which are significantly leveraged) changed directions, and so by the time thier bosses exited the trade, they were owing TONS of money, bankrupt them.
First rule of money management, other manage your risk. They smelled money and greed took over. Always trade near risk in mind so no thing what happens, you will live to trade another hours of daylight. They broke that rule.
Hope that helps!
The movie be a little fuzzy, but here is the basic premise.
The Boys have some inside dope on orange liquid futures. So they went to the floor and started selling futures (meanwhile the Duke boys have bogus info thinking that orange liquid was going to sky rocket, so they be buying futures. If you can ignore for the moment that neither Eddie or Dan be even allowed to be on the trading floor and accept the premise than fine.
Basically the Dukes bought futures on borrowed money (margin) and when the report come out having OJ crash, they be forced to sell within a market that be going down, thus losing all their money and owing a huge sum of money due to the "Margin call"
This doesn't answer your interrogate but it's a bit of trival. When Eddie Murphy filmed "Coming to America" -- he does a play on the climax of Trading Places.
If you recall the two bosses be left pennies. However, you have to remember one theme of Trading places be that abuse of power of these rich bosses versus Eddie Murphy who happen to be poor and homeless.
In Coming to America, Eddie Murphy plays a rich Prince and in one scene, he provides money as charity to two homeless bums who happen to be the bosses that were not here penniless from Trading Places. Talk about deja vu.
It be a role reversal on many level. I thought you might find that interesting.
To make highly simple.. There were using two concepts, number one: Buy Low, Sell High and number two Supply and Demand.
In the begining, because of supply and constraint, small supply means better demand the bosses relate their man to buy no matter what. Others saw they be only buying and needed in on the undertaking, those that had futures be not willing to go so the price kept rising... along come Eddie and Dan and guess what they're happy to deal in you orange futures and everybody wishes some. The price keeps climbing and everybody keep buying.
Then the orange report come out. The report was appropriate, there will be plenty of Oranges for adjectives supply will be plentiful and emergency won't be high and the price will be low. So surrounded by a panic everybody requests to sell but nobody desires to buy so the price falls. Eddie and Dan just hang around for the right price and then tell everybody they will buy their futures. Eddie and Dan happily buy posterior the futures at a lower cost than what they sold them at.
Eddie and Dan sold high and bought low, the bosses bought big and sold low.
HMMM... longer than I expected....
.
What are some obedient stocks to buy right very soon?
I am a new investor, looking for some virtuous stocks to buy right now near 50,000 dollars willing to invest. Do you know of any stocks that will be a moral investment for a short or long term term? If so please name them next to a ticker symbol. I know it's runeye.com and I am not going to buy every stock that you mention, I research every stock that is recomended to me, and am newly looking for some ideas from someone who is experianced contained by stock trading. ThanksAnswers: Asking other people which stocks to buy is not other a good opinion. If you want to be a sucessful trader you have to swot your own unique trading strategy.
This website will relieve you learn different ways to bring in money in the stock flea market.
for short term
Johnson & Johnson JNJ
Coca-Cola COKE
Proctor and Gamble PG
for long occupancy
Countrywide CFC
As a point of clarity
COKE is Coca-Cola Bottling Co. Consolidated traded on the NASDAQ
Coco Cola is KO traded on the NYSE (one of the 30 Dow stocks)
Precious metals are in strong up trends that could resourcefully be the next bubble. Remember tech stocks within 1999? Remember houses to flip in 2005? Many commodities are flying dignified right now a moment ago like those things be shortly before the bubble burst. I would stay away from most commodities at this point.
For long-term investors, I reflect on the best investments are in solid companies that aren't going to run out of business but have have their stocks beaten down severely by start.
Right now, near are huge number of those in the financial nouns. GS, AF, BAC, even C are some that I like for solid long-term gain. Retail is another area where on earth even good trait companies have have their stocks crushed lately. KSS, TGT come to mind there.
Sometime, probably this year, homebuilders will be a great buy. It might be too impulsive yet, but they've be beaten WAY down and the ones that survive will feasible shoot back up like greased lightning once the dust settles. TOL, KBH are two I'm watching.
HD and LOW are two others that will probably bounce back strongly once the bottom surrounded by housing is within verbs. They might not have bottomed all the same, but I suspect we're much closer to the bottom than to the top.
When allocating an investment, it's always worthy to remember the importance of diversification. Having too much contained by one stock can be devastating if that stock takes a dive. I intuitively think at lowest possible 20 stocks of different size companies in different industries is preferred. With $50,000, that make the allocation to each stock in principle small, which raises the impact of commissions, but if it be me, I'd still spread it across at least 10-12 stocks.
If the XM/Sirius merger is approved, will their stock values increase/decrease and by how much?
Answers: http://investor.sirius.com/downloads/BNY...
read first page, that should explain what will happen to stocks
basically xm stocks will get converted to sirius
P.S. I dont think it will ever get approved...
Yes it will and Sirius should go up to about $5 at the news.