kcg

5 ms·

1.
by kcg 3y ago
For anybody looking into VATSIM and alternatives, the pros of PilotEdge are that there is guaranteed ATC staffing with paid ATC (not volunteers like on VATSIM), controllers are likely higher quality on average, and you will be making all of
2.
by kcg 3y ago
The controller you're referring to is still very active in the Boston area, he's just "retired" from streaming.
3.
by kcg 4y ago
Interestingly, in the US, for all its "optimistic" procedures, a controller isn't allowed to issue a conditional ("behind X") line-up-and-wait. But, if an arriving aircraft is still on the runway, a controller can c
4.
by kcg 4y ago
The rules specifically state how 2 miles of separation is defined. 7110.65 5-8-4-Note 1 says "This procedure permits a departing aircraft to be released so long as an arriving aircraft is no closer than 2 miles from the runway at the t
5.
by kcg 4y ago
> Who is saying that procedures allow one plane to take off when one is "3 miles out" The FAA says that, specifically the 7110.65 which governs ATC rules and procedures. In a radar environment it allows for departures when the
6.
by kcg 4y ago
While I 100% think the controller in this situation made a terrible judgement call and likely shouldn't be working planes anymore, it's worth noting that that there are very specific regulations on multiple planes using the same r
7.
by kcg 4y ago
This is completely correct. One of the first sentences in the 7110.65 (the FAA document governing ATC rules in the US, often referred to as "the book" by controllers) is "the primary purpose of the ATC system is to prevent a
8.
by kcg 6y ago
Halts are based on specific criteria and rules, they aren't arbitrarily imposed. See: https://www.nasdaqtrader.com/content/MarketRegulation/LULD_F...
9.
by kcg 6y ago
That's not actually the point of this article. Many many lenders are not on good terms with their counterparties. Distressed debt and bankruptcy exist. And yet, I've never heard of another story of a bank accidentally wiring nearl
10.
by kcg 6y ago
I think people are missing the fact that the 3060 that NVIDIA is halving the hash rate on is not yet released. It is expected at the end of this month and different than the already-in-market 3060 Ti. The 3060 Ti was already NVIDIA's m
11.
by kcg 6y ago
Person A can only sell the number of shares they've borrowed. If Person A borrows a share from Person C, they can sell that one share only. To sell more without borrowing additional shares would be naked shorting, which is prohibited.
12.
by kcg 6y ago
> Also, apparently Gamestop itself used the gain in stock price to settle some debts by being able to issue more stock to meet demand at the higher price, thus getting a cash infusion. False -- if you're going to spread informatio
13.
by kcg 6y ago
> that extra 40% will fail to deliver, because those shares don't exist. That's only true if you force all shorts to be covered at once without a chain of trades. That's not how it happens. Person A covers their short by
14.
by kcg 6y ago
In this scenario, Person C still owns the stock and will gain/lose with the stock's rise/fall. Person A borrowing from C at the end is just borrowing, not buying. At some point Person A needs to return stock to Person C.
15.
by kcg 6y ago
Except you're completely conflating terms and numbers here. A stock can have over 100% short interest with no naked shorting occurring. >100% short interest DOES NOT imply that there is naked shorting.
16.
by kcg 12y ago
Yes. I took the question as asking whether absolute revenue per unit was going down or absolute COGS per unit was going up (or both). Obviously there are different perspectives from which we can look at absolute and relative pricing pressur
17.
by kcg 12y ago
They also disclose units shipped (1.15MM in 2011, 2.32MM in 2012 and 3.85MM in 2013). A simple revenue/units calculation would imply that revenue per unit is increasing ($205 in 2011, $227 in 2012, $256 in 2013). This is a primitive an
18.
by kcg 12y ago
That was, and still is, the case where I went to school in New Hampshire. The decision to treat the body as a container is made at the state level, I believe (as the drinking age is determined by the individual states, although effectively
19.
by kcg 13y ago
Judo business strategy...what? You're telling me that you that motivation is a bigger asset to a few 20 year olds than all of the scale, capital and business experience of Walmart, and therefore you'd rather compete against Walmar
20.
by kcg 13y ago
No, as of June 1 the company had $2.8B of cash, cash equivalents AND short-term investments (liquid securities). There's an additional $2.5B of accounts receivable on the balance sheet. You are correct that BBRY has $3.4B of current li
21.
by kcg 13y ago
I stopped reading at "toxic assets like financial derivatives." That sentence either suggests that the author has very little understanding of finance or has a sensationalist motive. Either way, there are much better articles and
22.
by kcg 13y ago
Even as a credit analyst, I agree that you can't really feel sorry for the bondholders here. If you want to lend in any market, you need to assume the risk that the debtor goes bankrupt. Pensioners are a different story though. However
23.
by kcg 14y ago
That's not anticompetitive though, it's purely competitive. Amazon has better underlying economics (because it has deployed capital to build infrastructure) and therefore is able to offer the same service at a lower price.
24.
by kcg 15y ago
I'd be amazed if Dropbox had a 50% profit (net income) margin. It's likely that their gross margin is around there, but you still have to subtract SG&A and other expenses to get down to net income. If Dropbox pulls in $100 million in r
25.
by kcg 15y ago
This used to be in their FAQ: Will someone steal my grand piano? Highly unlikely. Grand pianos weigh thousands of pounds and do not fit through doors.
26.
by kcg 15y ago
As mentioned below, enterprise value is generally calculated as equity value + debt - (excess) cash. Ebay has approximately $5 billion more cash than debt, so its EV is less than its market cap. One way to think about why cash is subtracte