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You dirty minded goons, it's for the increasing number of incontinent boomers  I hope.
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Aug 10, 2018 12:12
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BloodBag posted:You dirty minded goons, it's for the increasing number of incontinent boomers They're certainly full of poo poo 
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Aug 10, 2018 15:15
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BloodBag posted:You dirty minded goons, it's for the increasing number of incontinent boomers You didn't read the link did you?
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Aug 10, 2018 16:40
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Ofecks posted:You didn't read the link did you? Dude, I think the number of people into watersports pales in comparison to old farts pissing the bed. Just look at all the Harleys and Corvettes littering the roads these days. Dozens of bedwetters.
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Aug 10, 2018 17:49
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Phone posting, but Crocs is closing stores and all(?) of their manufacturing plants. Stock has soared over the last year and rose based on the news, so there must be something I’m missing
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Aug 12, 2018 17:07
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I always kind of kick myself for not buying Crocs stocks in 2008 when it was like a buck fifty. They really diversified their lineup into something better than garden clogs, even if they do give people the ol' fartfoot.
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Aug 12, 2018 17:26
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Professor Shark posted:Phone posting, but Crocs is closing stores and all(?) of their manufacturing plants. On the contrary: https://twitter.com/Crocs/status/1027690145942839301
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Aug 12, 2018 18:41
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I still don't know my sleep number
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Aug 12, 2018 19:26
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Robinhood shuts customers out of buying shares of MoviePass' parent company after the stock crashed more than 99.99% (HMNY)quote:Helios & Matheson, the parent company of MoviePass', won't be getting any new investors on Robinhood.
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Aug 14, 2018 03:52
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Can someone explain what a reverse stock split is? I keep hearing about Moviepass doing it to bring their stocks up to reasonable values before they immediately plummet back down.
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Aug 14, 2018 06:43
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Basically the company merges stocks together to decrease the amount of stock in the market and increase the value of the remaining stocks. It's also called a stock merger, not sure what causes it to be called one or the other.
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Aug 14, 2018 06:53
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Oh, interesting. Maybe the reason Robinhood isn’t letting people buy shares of moviepass anymore is because bringing even a single new share into existence would destroy the whole company. There are four moviepass shares left, and if you want one; you’ll have to talk to doug or pete.
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Aug 14, 2018 06:57
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Don Gato posted:Basically the company merges stocks together to decrease the amount of stock in the market and increase the value of the remaining stocks. It's also called a stock merger, not sure what causes it to be called one or the other. What's a reverse stock merger?
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Aug 14, 2018 09:49
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Scholtz posted:What's a reverse stock merger? A sex move that your mom specialises in.
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Aug 14, 2018 10:19
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Companies only do reverse stock splits when they need to keep the stock price above the cuttoff point for delisting usually at 1$. Movie pass lost that game in under 2 weeks. It doesn't help the company except to buy a bit more time to get more funding or to make a loan requirement because it doesn't make new stock for equity. It really is just driving the price up by removing supply.
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Aug 14, 2018 11:50
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UCS Hellmaker posted:Companies only do reverse stock splits when they need to keep the stock price above the cuttoff point for delisting usually at 1$. Movie pass lost that game in under 2 weeks. It doesn't help the company except to buy a bit more time to get more funding or to make a loan requirement because it doesn't make new stock for equity. It really is just driving the price up by removing supply. It's not so much removing supply as it is consolidating supply. It's the stock equivalent of giving someone a $5 bill for five ones. It's strictly a change in denomination, not actual value.
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Aug 14, 2018 14:35
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Scholtz posted:What's a reverse stock merger? Basically what you’re looking at in that case is a reverse reverse stock split, aka the dj casper strategy.
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Aug 14, 2018 14:44
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Straight White Shark posted:It's not so much removing supply as it is consolidating supply. It's the stock equivalent of giving someone a $5 bill for five ones. It's strictly a change in denomination, not actual value. What happens to people who don't have enough stock to merge? Fractional shares?
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Aug 14, 2018 15:09
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Spazzle posted:What happens to people who don't have enough stock to merge? Fractional shares? Edit: stole this from somewhere ""Generally, if this results in fractional shares owned, the resulting fraction is paid off with cash by the company, but sometimes you are given the option of buying the remainder of a full share. If cash is received, it counts as a sale and is taxed as a capital gain or loss." Kanish has a new favorite as of 18:28 on Aug 14, 2018 |
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Aug 14, 2018 17:05
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MoviePass is un-canceling people’s accounts When opening the MoviePass app, you may be prompted with this screen:  quote:In the final paragraph of the email is a statement that “If you had previously requested cancellation prior to opting-in, your opt-in to the new plan will take priority and your account will not be cancelled.”
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Aug 14, 2018 19:44
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Hot dang, they finally stumbled across a viable business model! You didn't not disagree to reverse the un-cancellation of your subscription, so that'll be 
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Aug 14, 2018 20:18
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Do they even have enough money to fight the inevitable class action lawsuit?
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Aug 14, 2018 20:36
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Doggles posted:MoviePass is un-canceling people’s accounts Nice deceptive no disagree button
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Aug 14, 2018 20:46
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bunnyofdoom posted:Do they even have enough money to fight the inevitable class action lawsuit? By that point they will to too broke to afford the $0.02 payout every litigant will end up with, so instead they'll each get 10 moviepass shares.
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Aug 14, 2018 21:22
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bunnyofdoom posted:Do they even have enough money to fight the inevitable class action lawsuit? I don't think they have enough money to buy a sandwich right now.
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Aug 14, 2018 22:00
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bunnyofdoom posted:Do they even have enough money to fight the inevitable class action lawsuit? 
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Aug 14, 2018 22:14
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There's going to be scene like It's a Wonderful Life "AMC will buy up all your shares of Moviepass for 50cents on the dollar!" (AMC pulls out a couple of wrinkled twenties)
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Aug 14, 2018 23:56
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bunnyofdoom posted:Do they even have enough money to fight the inevitable class action lawsuit? I've got some exciting news for you about forced arbitration and recent court rulings.
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Aug 15, 2018 01:39
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Volmarias posted:I've got some exciting news for you about forced arbitration and recent court rulings. Please elaborate.
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Aug 15, 2018 01:45
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Most things that have a terms of service now have a line requiring you to seek arbitration and giving up your right to a court. Regardless of how biased the arbitration company will be towards their corporate patron, the customer waives their right to a class action suit as part of it. There's rulings like this, and there's going to be more of that coming down the line, so class action lawsuits are not long for this country barring a sudden and strong change in the makeup of Congress.
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Aug 15, 2018 02:01
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Volmarias posted:so class action lawsuits are not long for this country barring a sudden and strong change in the makeup of Congress. They're all clowns. No change in the makeup expected.
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Aug 15, 2018 02:10
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Wouldn’t all the inevitable credit card chargebacks potentially risk their ability to take cards at all?
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Aug 15, 2018 03:02
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Krispy Wafer posted:Wouldn’t all the inevitable credit card chargebacks potentially risk their ability to take cards at all? They made it this far without a long term plan or any business model, I don't see why they're gonna stop now.
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Aug 15, 2018 03:46
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Krispy Wafer posted:Wouldn’t all the inevitable credit card chargebacks potentially risk their ability to take cards at all? That is definitely a possibility for any business with a merchant account. Before they cut you off completely they jack the rates up; but if a company has too many chargebacks the account gets yanked. Moviepass may not really care about it for two big reasons. 1) They'll get the cash before the customer can chargeback, so they'll still improve cash flow in the short-term 2) they're in existential crisis mode and a few steps from having to shutter their doors, so losing a merchant account is the least of their worries.
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Aug 15, 2018 03:55
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Understood, but wouldn't it be ironic if they somehow stabilize their cash flow just in time for Visa to yank the plug. Moviepass...now Bitcoin only.
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Aug 15, 2018 04:23
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Iron Crowned posted:I would like to know more about this rubber mattress Natural latex mattresses are like memory foam but it lasts longer before wearing out and it stays cool instead of retaining the heat.
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Aug 16, 2018 16:55
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Fried Watermelon posted:Nice deceptive no disagree button What would a "disagree" button even do in this situation? Just leave the app.
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Aug 17, 2018 02:45
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JawnV6 posted:What would a "disagree" button even do in this situation? Just leave the app. If you have a subscription that's cancelled but not yet over, you still need the app to get your movies, and you should at least be able to disagree to the sneaky "starting with your next billing cycle" part.
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Aug 18, 2018 03:13
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Krispy Wafer posted:Wouldn’t all the inevitable credit card chargebacks potentially risk their ability to take cards at all?
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Aug 19, 2018 15:32
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zoux posted:https://twitter.com/lachlan/status/1031928504370307072
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Aug 21, 2018 17:41
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