Stock Market, Business, and Investing General - News, Tips, etc

[Hollywood Hulk Hogan]

View attachment 6515207View attachment 6515283

Fuck me, that's a huge dip. If it actually does drop like a rock come Monday, I'm going in.

I wish that I had bought puts. It'd have been a 3 bagger lol

 

[Freshly Baked Socks]

le heckin sky be fallin.

No, wait, it all appears to be about where it was a year ago.



It seems this particular piece of sky has fallen four times in the last twelve months.

But keeps floating back up.

Weird.

 

[Moneymaker Degen]

le heckin sky be fallin.

No, wait, it all appears to be about where it was a year ago.

View attachment 6517621

It seems this particular piece of sky has fallen four times in the last twelve months.

But keeps floating back up.

Weird.

I would probably put it to demand adjustments following dumb announcements such as this one, however the real underlying research would need a lot more time to look into on my end.
The S&P500 is starting to reach new all time highs and these adjustments are bound to keep happenening for a company to ensure such poor fundamentals are maintained at a lower valuation than other groups that provide a payout from profitmaking activitys and not just valuation increases

 

[Hollywood Hulk Hogan]

le heckin sky be fallin.

No, wait, it all appears to be about where it was a year ago.

View attachment 6517621

It seems this particular piece of sky has fallen four times in the last twelve months.

But keeps floating back up.

Weird.

While Tesla has been the same value, S&P 500 is up 32% in that time. Elon is a retard and so is anyone invested in Tesla

 

[Bucephalus]

Oh, fucking hell. Don't tell me I already missed the morning dip.
I'm going in now, but I'm kicking myself for not doing it 20 minutes ago.

 

[reptile baht spaniard rid]

between shit like Fidelity, Vanguard, BlackRock, etc which is actually good to put an retirement account with? I don't trust any of them but I want money.

Vanguard really obviously doesn't want small potatoes around anymore, everything they're doing is shitting on the house that Bogle built. Check bogleheads for a 1500 pages thread on Vanguard leaving "small retirement plans, SIMPLE IRA, etc". General consensus right now seems to be head for Fidelity, or maybe Schwab if you want to do active trading like a moron.

Fidelity can afford to have zero-fee funds and zero fees paid for by the other funds they run.

My experiences with all three above have been good, but I'd rate Schwab and Fidelity above Vanguard now; and Schwab went above and beyond once for me, so I have fond memories of them even if I'm mostly moving to Fidelity.

Blackrock won't even talk to you until you have billions so ignore those faggots.

 

[The Punished Mitch]

In what may be my biggest L to date I neglected to utilize the foolproof method of inversing WSB/R*ddit sentiment during the runup to the DJT lockup expiry date. I caught the bottom so beautifully in April and made bank on jan/2025 options but this time I got caught slipping despite the very clear buy signal of intense smugposting all over WSB.

 

[Darkholme's Dungeon]

Chinese IP and copyright law reform is in the works. I missed the initial draft and request for comment, but I picked up Xi's statements about to bring PRC in line with "international" standards (more like the US). There's also a court case I missed (Criminal Copyright Infringements are really rare, I think there was 1 conviction in a decade).

@Null remember your copyright talk about Japan and Korea? Might be interested in the below.

Here's a statement and proposal from the Chinese gov (Not achievable, warning gov link):
Original docx attached.

Comrade Xi Jinping has attached great importance to the development of the private economy and has taken a series of major measures. [...] One of the areas of emphasis is for 'equal treatment and equal protection of the private economy through legal systems to ensure that all types of economic organizations enjoy equal legal status, market opportunities and development rights'"

Here's the portion relevant translated. The document is titled "Ministry of Justice and National Development and Reform Commission on the propsed "Law of the People's Republic of China on Promoting Private Economy (Draft for feedback)"

Article 33 The State shall strengthen the protection of original innovations of private economic organizations and their operators. The protection system for intellectual property rights of innovative achievements of private economic organizations shall be improved, and violations of trademark rights, patent rights, copyrights, commercial secrets, counterfeiting and confusion shall be punished in accordance with the law.

Strengthen regional and departmental collaboration on intellectual property protection, and provide private economic organizations with services such as multi-party dispute resolution, rights protection assistance, and guidance on responding to overseas intellectual property disputes and risk warnings.

However, any extending validity time spans (life + 50 years in PRC vs Life + 70 in the USA) is consciously absent as is ascending to the Berne convention (DMCA).

Article (Archive). Quoted from the article (it is not paywalled).

President Xi Jinping has expressed China's willingness to further strengthen international cooperation in protecting intellectual property rights and contribute its wisdom and solutions to creating an international environment conducive to innovation and development.

He made the remarks in a congratulatory letter sent to the 2024 International Association for the Protection of Intellectual Property World Congress, which opened on Saturday in Hangzhou, the capital of East China's Zhejiang province.

It was the first time that the annual world congress of the group, a global nongovernmental organization that uses the French abbreviation AIPPI and is dedicated to the development and improvement of IP-related laws, was held outside Europe and in China, since the association was formed 127 years ago.

Xi said in the letter that China has always attached great importance to the protection of IP rights and has actively promoted efforts to build itself into an IP powerhouse.

China is willing to work with all parties to firmly safeguard the international IP multilateral system, promote the development of a global IP governance system in a more just and reasonable direction, and make contributions to the well-being of humankind, he said.
In recent years, China has made historic accomplishments in IPR protection, which encourages innovation and provides a strong boost to the competitiveness of the Chinese economy.

Daren Tang, director-general of the World Intellectual Property Organization, said that as more countries around the world are turning to innovation, creativity and IP to drive growth, the hosting of the AIPPI world congress in China for the first time highlighted the importance of working in partnership to strengthen the global IP ecosystem.

"One of the most striking IP developments in recent decades has been its explosive growth," Tang said in a video address, noting that a clear example is China's use of the Patent Cooperation Treaty, an international agreement that helps inventors and businesses apply for patents in multiple countries at the same time.

China has been the world's most active applicant for international patents for five consecutive years, with over 70,000 applications in 2023. The figure was just over 100 when the country joined the Patent Cooperation Treaty in 1994.

Hemant Singh, president of AIPPI India, said that in a global market where knowledge is driving economic development, nobody can benefit single-handedly without sharing knowledge with others.

He said that China, as a huge market with so much technical advancement and innovation, has the opportunity to lead the world in terms of how intellectual property should be protected, thus boosting the confidence of innovators and investors in China.

"So they are encouraged to come and invest more and more and China is encouraged to export more and more. It's a win-win thing for everyone," Singh said.
Speaking at the conference, Shen Changyu, head of the China National Intellectual Property Administration, said that China will make vigorous efforts to provide equal protection for all types of innovators and both domestic and foreign enterprises in terms of intellectual property rights.

Shen also said that China will work to accelerate the construction of an open, inclusive, equitable and beneficial international IP system on the basis of active participation and consensus-building.

The congress, which will run through Tuesday, attracted more than 2,300 delegates from over 92 countries and regions, including over 1,500 foreign delegates.

Pablo Fuentes, from Mexico-based IP firm Breakthrough, said that "our clients are looking more and more to file and protect their trademarks and patents in China".

"That's why we are here, and we are very interested in enhancing our relationship with China and for our clients as well," he said.

Themed "Balanced Protection and Innovative Development of IP Rights", the 2024 AIPPI World Congress was co-organized by the China Council for the Promotion of International Trade and the AIPPI.

I also missed a Shanghai court decision that survived appeals scrutiny on counterfeits - translated below. The judge is also "kinda hot or something" (She got a brickface though) since mainland netzens were simping over her (I have graciously attached her photo so you don't have to go to wechat to decide).

For context, Shanghai has the strongest business protections for foreign companies and is generally favorable to foreigners (Compared to Beijing or Dalian). Take a look at these products and tell me the difference aside from branding.


Machine translated and then edited for efficiency, long article (Not achievable, warning wechat link) . Names are partially redacted with a letter of the first to differentiate people, ex: John Andrew Smith Doe

Shanghai Third People's Court of Appeals final ruling on a copyright infringement case, exceedingto more than 1.1 billion yuan on Lego building block toys.

On the afternoon of April 22, the Shanghai Third People's Court of Appeals (referred to as the Shanghai Third COA) made a final ruling on a case of copyright infringement of Lego building toys, upholding the judgment of the trial court. The initial verdict was against the defendant company "L" is a fine of 600 million yuan, primary defendants Chen Shu Doe to nine years in prison and a fine of 20 million, Chen Kun Doe to eight years in prison and a 15 million yuan fine. The court also judged and convicted felonious accessories Chen Xin Doe to four years and an (unspecified) fine, Chen Doe to one year in prison and a fine, and Zhu Hai Doe six months in prison and a fine.

The court determined that from January 2016 to August 2022, the defendant Company "L" set up design, engineering, production, and sales departments without the authorization of LEGO Company. After purchasing genuine LEGO toys, it carried out sampling, counting, molding, injection molding, pad printing, work. Reproduced the outer packaging, instructions, and building block particles of LEGO building block toys 1:1, and sold them with "Bole", "Le Yi" and tank patterns (left side of the comparison picture below).

During this period, the defendants Chen Shu Doe and Chen Kun Doewere the supervisors of "L" Company. Chen Shu was mainly responsible for the production and sales of products, and Chen Kun was responsible for financial matters Defendant Chen Xin Doe assisted the management company in copying, producing, and selling LEGO products. the defendant Chen Doe was responsible for overseas customer sales, the defendant Zhu Hai Doe was responsible for aquire legitimate samples and reverse-engineering, taking customer orders, soliciting customers, and selling products to the outside world. After expert identification, the 54 sets produced by "L" Company are identical building block sets of LEGO Company, constituting a copy relationship. After data analysis, "L "Company produced and sold counterfeit LEGO building block toy products, with a total sales amount of more than 1.113 billion yuan. The seized toys to be sold have a value of more than 30 million yuan. Amongst them, the revenue split is as follows Chen Shu Doe, Chen Kun Doe, and Chen Xin Doe was evenly split, Chen Doe 's participation amount is more than 68 million yuan, and Zhu Hai Doe's participation amount is more than 20 million yuan. On August 4, 2022, the defendants Chen Kun, Chen Xin, and Chen were arrested by the authorities On September 28 of the same year, the defendants Chen Shu and Zhu Hai surrendered.

After the initial trial judgement, "L" Company, Chen Shu Doe, Chen Kun Doe, and Chen Xin Doe appealed to the Shanghai Third COA, and the prosecutor also filed a counter-appeal. During the trial, Chen Xin Doe withdrew the appeal.


After hearing the case, the Shanghai No. 3 COA held that the corresponding styles of toys sampled at random were substantially similar to Lego toys after expert analysis. The outer packaging and instructions of the toys involved were basically consistent with the outer packaging and instructions of the corresponding Lego toys. Combined with the design drawings, outer packaging drawings, instructions etc. Furthermore, testimonies of many employees of "L "Company was sufficient to determine that the toys produced and sold by "L" Company are substantially similar to Lego toys.
[...]
The original judgment considered the facts, discresionary ability of the court, confession and repentance attitude of "L" Company and Chen Shu Doe, Chen Kun Doe and others, as well as the fact that they had been sentenced to civil infringement for infringing LEGO's copyright, and sentenced "L "Company, Chen Shu Doe , Chen Kun Doe and others to corresponding penalties. This is inaccordance to the (now) strict crackdown on intellectual property infringement crimes, to safeguard the legitimate rights and interests of rights holders, and restoritive justice in sentencing. Based on this, the Shanghai No. 3 COA Denies the defendants appeals and affirms the original judgements.

A statement from the judge:

Innovation is the primary driving force for development, and protecting intellectual property rights is protecting (future) innovation. Strengthening our copyright protection will not only stimulate creators' enthusiasm and initiative, but also effectively maintain the competitive order of the free market economy and promote the optimal allocation of societal resources. In this case, the defendant's companies and the defendants without the permission of the right holder LEGO, for more than six years, counterfeited LEGO products on a large scale and sold them to the outside world in order to make profits. The amount of illegal business was extremely huge, reaching more than 1.1 billion yuan. This is a major criminal case of copyright infringement. The defendant unit and the defendants were originally sentenced to bear civil liability for infringement of intellectual property rights, but they still did not cease and moved the production site and warehouse to other places to evade investigation. The subjective malice was extremely great, nd the circumstances of the crime were particularly serious, causing a bad social impact. Therefore, the court determined an upward departure and sentenced the defendant unit to a fine of 600 million yuan andsentenced two supervisors to nine and eight years in prison. The sentences of the two were basically close to the maximum sentence of this crime, reflecting the Shanghai court's insistence of severely cracking down on serious intellectual property infringement crimes. At the same time, other defendants were sentenced to lighter penalties than the principal offender according to the amount of crime involved, their status and role, statutory and discretionary circumstances, and their attitude of confession and acceptance of guilt, which implemented the criminal policy of leniency and severity to a certain extent.

In the next step, the Shanghai No. 3 COA will strictly enforce the law and severely crack down in regards to crimes of infringement of intellectual property rights. It will take strengthening intellectual property protection as an important means to promote a legal and internationalized business environment, and provide better judicial services and powerful judicial guarantees for Shanghai to build a highland for intellectual property protection and a national intellectual property center city.

 

[Moneymaker Degen]

While all of this at a rough glance seems promising, I doubt it will do much in stemming the actual issues they have and just moreso assist in further expanding their security apparatus.

 

[Darkholme's Dungeon]

While all of this at a rough glance seems promising, I doubt it will do much in stemming the actual issues they have and just moreso assist in further expanding their security apparatus.

It's to get foreign investment. I don't know if the move will be successful. Plus it's not like they need more shit on top of skynet which can track a person by their government ID in real time via facial recognition, CCTV and smart device use. By law they already have an "automation" system control panel with a camera and voice recording installed at every home too...

 

[Moneymaker Degen]

It's to get foreign investment. I don't know if the move will be successful. Plus it's not like they need more shit on top of skynet which can track a person by their government ID in real time via facial recognition, CCTV and smart device use. By law they already have an "automation" system control panel with a camera and voice recording installed at every home too...

Oh yeah its about that foreign cash but having all those tendrils to surveil what foreign actors are looking to invest/research into could provide a benefical edge for china. It seems kinda smoothbrained considering if they build up their reliance on this and then gun it for Taiwan rightful Chinese land, it could be feasible for westernnations to do something similar to Russias move legalizing piracy/hacking of foreign entities but in a place where it hurts more depending on how they play it out.

 

[Darkholme's Dungeon]

Oh yeah its about that foreign cash but having all those tendrils to surveil what foreign actors are looking to invest/research into could provide a benefical edge for china. It seems kinda smoothbrained considering if they build up their reliance on this and then gun it for Taiwan rightful Chinese land, it could be feasible for westernnations to do something similar to Russias move legalizing piracy/hacking of foreign entities but in a place where it hurts more depending on how they play it out.

They don't need to do that since their surveillance suite is second to the NSA/Israel... Plus you literally need special permission to even start a foreign investment or venture from the local party secretary... If anything, it might be to convince new production or keep old customers from fleeing.

It's also an (extended) shit flinging fight over wireless broadband and some other technologies (I think some AI stuff and GaN semiconductors) with the USA. There's very few things where China has an" undisputed technological edge" IP wise and mobile networks are one of them (at least for 5/6G)...

 

[Freshly Baked Socks]

20% overnight? SELL! SELL! SELL!!!

 

[SangeAndYasha]

Well, I got fucking raked over the coals on Capri. Glad I only lost beer money.

 

[No Batty Boys in Jamaica]

Lmao it was fun reading the recent posts knowing how the Tesla earnings went. Congrats to all who bought the dip.
Wish I bought but I’m happy with my Phillip Morris gains. Also got my first dividend a few weeks ago.

 

[Darkholme's Dungeon]

US/EU rumors of PD sanctions caused a price spike recently in trading (Archive):

The US asked Group of Seven allies to consider sanctions on Russian palladium and titanium, a person familiar with the matter said, as the Biden administration mulls fresh ways to squeeze President Vladimir Putin’s war machine.

Biden administration officials floated the possibility during a meeting of G-7 deputy finance ministers on Tuesday in Washington, according to the person, who asked not to be identified discussing a private discussion. Finance officials from around the world have gathered in the US capital for annual meetings of the International Monetary Fund and the World Bank.

The US raised the idea to spur conversation about further choking off the Russian economy almost three years after Putin’s forces invaded Ukraine, the person said.

Palladium is a key ingredient in computer chips and in catalytic converters for automobiles, while titanium has uses from airplanes to medical implants.

One major challenge is that Europe is reliant on the metals and has shown little appetite to target them in the past. G-7 members Germany, France and Italy would also need the backing of the other 24 members of the European Union for such sanctions.

The US has already blacklisted Russian titanium, but the metals are key inputs for everything from catalytic converters to semiconductors to airplanes, and western governments have been wary of cutting off supplies for fear of roiling global markets and disrupting their own supply chains.

The Treasury Department declined to comment.

Western nations have long struggled with their approach to metals sanctions on Russia. The price of palladium rose as much as 12% in December on speculation the metal could be next in line for restrictions after the UK issued sanctions on purchases of certain Russian metals. Earlier this year, the US and UK imposed restrictions on trading Russian aluminum, copper and nickel.

Sanctioning titanium would also provide a combative response to a recent proposal by Putin. In September, he suggested his government should think about limiting exports of some commodities such as nickel, titanium and uranium in retaliation for western sanctions after ensuring that it wouldn’t hurt Russia.

The US still buys Russian palladium. Russian company Norilsk Nickel represents about 40% of global output, a share of the market that would be hard to replace quickly.

For the European Union, supplies of both metals from Russia are critical, especially for titanium used in aviation. Putin has asked his government to consider limiting exports of titanium, which could drive prices up and hurt European airplane manufacturers such as Airbus.

Rumors of an attempted short in Chinese trading market for Pd...

 

[⋖ cørdion ⋗]

Why do day trading niggas always just invest in tesla, google etc? Whenever I come across a 90k subs verified certificed wigga, they just juggle tesla and such companies. Never "oh i found this up-and-coming" or whatever.

 

[Peaches the Wonder Cat]

https://www.etf.com/sections/news/nyse-arca-plans-22-hour-trading-day-etfs?utm_campaign

NYSE Arca Plans 22-Hour Trading Day for ETFs​

NYSE Arca, which lists nearly 75% of all U.S. exchange-traded fund assets, plans to extend its trading day to 22 hours for all U.S.-listed stocks, ETFs, and closed-end funds, according to an announcement from the New York Stock Exchange.

The move would enable trading from 1:30 a.m. to 11:30 p.m. Eastern Time on weekdays, excluding holidays, subject to regulatory approval, the NYSE’s announcement stated.

 

[Freshly Baked Socks]

Can't argue with proven results. TSLA has been routinely poomped and doomped for years. It's low-hanging fruit. Free Real Estate. The people who do tell me about "oh i found the up-and-coming" also remember to disclose that it is a paid advert, to preserve their reputation when the stock doomps afterwards.

 

[12345678901]

Tesla will shuttle to space at the last quarter. It may go as low as $100 per share before that.

A few months back, TSLA hit as low as $140. I kept buying the stock one day, then freaking out and selling the next, going back and forth like that. Luckily, I eventually decided to just hold on to it because I wanted to vote for Elon Musk in that shareholder thing. Now I can't care less about the price honestly I just buy.