Coronavirus/Economy/Stock Market

[Coronita]

[quote=The-Shoveler][quote=Coronita]Moderna closed at $80, below pre pre market levels, but still up 20% on one day. Crazy!

If there is any setback to their vaccine trials, this thing will fall like a brick.

Markets finished ok today too[/quote]
The timing was really really good.

They are issuing 2 billion in new shares.[/quote]

Yup… Making lemonade out of lemons seems to be the prevailing theme these days.

[Coronita]

See, I’m not the only one trying to capitalize on the inefficiencies of the markets brought on by covid.

This pizza owner is arbitraging his own pizzas ordered through door dash.

https://www.theverge.com/2020/5/18/21262316/doordash-pizza-profits-venture-capital-the-margins-ranjan-roy

Hmmm. So with Door Dash, one can order his pizza for $16 that he charges $24 for. Door Dash supplements the order by paying $8 out of their own money, just for the right to say you are their customer… So what does the pizzeria owner do? Of course… Order pizzas through DoorDash for $16, so DoorDash pays him $24 and pocket the $8/pizza. Lol…Free money for everyone.

Maybe it’s just me, but I’m having a little fun with all these market inefficiencies brought on by covid.

[Coronita]

Anyone interested in a Bubblebee colored Corvette C7 Z06 600+hp, for under $60 grand….

Hertz rent a car seems to be unloading their entire fleet. Granted, it’s not a mid-engine C8 Corvette, but still it’s 600+hp….

https://drivetribe.com/p/hertz-is-trying-to-raise-cash-by-Bmnj9q1dTf-so9_EC_ht_A?iid=TS9AWJrFS3uaRCevP6dfzw

https://jalopnik.com/a-hertz-bankruptcy-could-sink-an-already-struggling-use-1843414354

[FlyerInHi]

You’re very individualistic, flu. Buy American would be very much in contradiction.

[zk]

[quote=Coronita]Anyone interested in a Bubblebee colored Corvette C7 Z06 600+hp, for under $60 grand….

[/quote]

I’ve always liked a yellow/black combo on a car. Except this hue of yellow kinda yells “Hertz!!!” I don’t know, maybe that’s only if you know it’s from Hertz.

The question isn’t “how much has this car been driven hard?” Obviously it’s been driven hard most of the time. Who pays all that money to rent a car with 650hp and doesn’t spend half his time with the pedal to the metal? I mean, I drive my muscle car hard a lot. But most of the time not. It’s not a new experience anymore, but mostly I know it’ll be there when I want it. Plus it’s my car. These ‘Vettes are driven by people who probably have never before and will never again get a chance to drive a 10-second car. And who have no interest in the longevity of the motor. They’re no doubt hammering the shit out of it most of the time. I know I would be.

The question is, “how much of a problem is all this hard driving going to cause?” I guess advances in metallurgy and whatnot have made high-performance engines more reliable and durable. But buying a very high performance car that’s got 20k+ miles on it, a huge percentage of which is at full throttle, seems like it might be testing the limits of those advances.

On the other hand, I haven’t heard of any modern high-performance cars engines failing (internally) just from driving. Even persistent hard driving. Back when I was a kid, anybody who had really built motors (say, 500hp or more, which back then was a really big deal) had to deal with them blowing all the time.

Flu (or any other car buffs), I’m curious about this, and I wonder what you’ve heard about the durability of these modern high-performance engines, especially ones that are constantly driven hard.

[Coronita]

I still think $58k is a lot for a car that’s been part of a rental fleet. I would bite probably in the mid thirties.

Yes, there is a lot of risk with buying a rental car. I use to abuse the hell out of them. But especially if it’s a CA car, there’s not many places you can use 600hp “hard”, except a race track. However hard one might hammer the car on a street, it’s really not that fun, because you can’t stay sustained with a heavy foot very long anywhere unless you really want to end up in jail. So unless the car saw serious track time, it’s probably ok.

The problem with the C7 Z06, is they’ve been known to have a lot of cooling issues with the supercharger in there. That would be concerning…

https://www.motorauthority.com/news/1115405_4th-lawsuit-filed-over-c7-corvette-z06-cooling-issues

Supposedly, they are suppose to be solved. Just got to make sure the one you buy preowned has all of the updates.
https://www.motorauthority.com/news/1119882_chevrolet-corvette-z06-cooling-issues-should-be-in-the-past-zr1-shouldnt-have-them

Any high performance car or car(s) used for competition, budget sufficiently for maintenance and repairs. I just had an engine and transmission go out with less than 30k miles. Generally speaking, NA engines are pretty bulletproof. Anytime FI is involved, whether a turbo or a supercharger, all bets are off. People usually don’t take care of the turbos and in the case of the SC, they require maintenance too around 50k Of course, all my cars now have FI, whether it came that way from the factory or not, lol. But I’m expecting to pay for the service..

… Or you can wait for a heavily discounted ZR1, which is even more insane. 700+hp….lol

[Coronita]

Add medical bills to the the list of freebies.

So, back in February, I had to go to the ER because I thought I had a bowel obstruction. Long story short, the ER was so packed (pre Covid even), that they couldn’t even find a hospital bed for me, so they admitted me into a makeshift room.

After an xray, CT scan, and pill camera, ER service, I got my bill. Total bill for 1 night was $16,000. Insurance negotiated it down to $15,000, and I am responsible for $500.

I called the hospital billing, and explained to them that although this is my copay, that I had a terrible experience at the ER with no hospital bed, and that I’ve been furlowed from work for 1 day/week, and asked if anything could be done with my outstanding balance…I emailed them a copay of my EDD “work sharing” approval form that didn’t have the details of the hours reduced, and compensation, etc.

Hospital waived the $500 copay as a one time courtesy…

Lol…3 in a row.

I think I’m going to use this covid/furlow day to see what else I can get out of it. I’m just being a typical american…Lol.

[FlyerInHi]

Now we know who the burden to society is.

[Coronita]

Also, I’m talking to my auto insurance company right now.

I also claimed I was impacted by furlow/covid, and although they’ve been giving me about $40/month rebate for my auto insurance, my argument is most of my cars aren’t even being driven…So my insurance company reduced my mileage limits for all of my cars for an addtional $200 savings for 6 months….

Also, I’ve been complaining to amazon about my Amazon prime membership. Every single time I ordered something that was suppose to be 2 day delivery was often delivered 4-5 weeks later. Each time I contacted them, they gave me a $10 credit. I just need to do this 5 more times, and I get my year’s worth of prime membership for free.

Everyone should think about how they can get something for free, and see who can top each other lol…

Mortgage forbearance? All you placing so much emphasis on it, thinking there’s nothing wrong with it…..Pffff. That’s just kids play….If you really want freebies, they are all out there… lol.

Now that I’m beginning to understand how our social benefit work, I’m beginning to understand why for many, once people get on them, why people find it hard to get off of them. There’s no incentive to work if all you can do is a minimum wage job. The social benefits from unemployment and family leave and other things are way better than actually working for less. And Harris is pushing to extend it further. Good, do it!

Coming soon, to a Instagram video feed near you….

“The Freeloader: A How To Guide in the Freebies”…

[scaredyclassic]

My kid was supposed to go on a school trip to Europe, cancelled due to covid19.
They’re refunding about 75%.
We had bought travel insurance but apparently this so called “pandemic” , which in reality is just an overblown cold and democratic hoax, is excluded under the policy, although obviously i dispute their conclusion that this is a “pandemic”..

My position I think is the travel company negligently selected a substandard insurance policy, and the school negligently selected a substandard travel company

Is it bad karkma to also sue the high school and the teacher advisor to try to strong arm the travel co. Into settling? I want that other 25% , my kid worked a lot of hours at jack in the box and the shitty insurance cost 165.00.

I’m in a fuck all of them mood

[Coronita]

[quote=scaredyclassic]My kid was supposed to go on a school trip to Europe, cancelled due to covid19.
They’re refunding about 75%.
We had bought travel insurance but apparently this so called “pandemic” , which in reality is just an overblown cold and democratic hoax, is excluded under the policy, although obviously i dispute that.

My position I think is the travel company negligently selected a substandard insurance policy, and the school negligently selected a substandard travel company

Is it bad karkma to also sue the high school and the teacher advisor to try to strong arm the travel co. Into settling? I want that other 25% , my kid worked a lot of hours at jack in the box and the shitty insurance cost 165.00.

I’m in a fuck all of them mood[/quote]

Oh, same thing happened to my kid’s Washington DC trip. We put down a $250 deposit, didn’t make any payments, and recently just canceled the trip. They wanted to keep the $250 deposit.

I’m disputing the charges with my credit card company. They are going after the merchant’s payment processor and seeking reimbursement. Meanwhile, I’m credited $250 in my account and probably won’t need to pay for it for the rest of the year.
Lol.

[scaredyclassic]

[quote=Coronita][quote=scaredyclassic]My kid was supposed to go on a school trip to Europe, cancelled due to covid19.
They’re refunding about 75%.
We had bought travel insurance but apparently this so called “pandemic” , which in reality is just an overblown cold and democratic hoax, is excluded under the policy, although obviously i dispute that.

My position I think is the travel company negligently selected a substandard insurance policy, and the school negligently selected a substandard travel company

Is it bad karkma to also sue the high school and the teacher advisor to try to strong arm the travel co. Into settling? I want that other 25% , my kid worked a lot of hours at jack in the box and the shitty insurance cost 165.00.

I’m in a fuck all of them mood[/quote]

Oh, same thing happened to my kid’s Washington DC trip. We put down a $250 deposit, didn’t make any payments, and recently just canceled the trip. They wanted to keep the $250 deposit.

I’m disputing the charges with my credit card company. They are going after the merchant’s payment processor and seeking reimbursement. Meanwhile, I’m credited $250 in my account and probably won’t need to pay for it for the rest of the year.
Lol.[/quote]

I paid in full 4 a discount. Idiot

[Coronita]

Nah, you were just trying to be financially responsible, unlike most americans. Me? I’m trying to go through the hand motions of trying to do what a typical financially irresponsible american would be ,since it seems to have worked out well for them most of the time. So far, it seems to be working out ok, because while I could cover all these bills, if someone gives me freebies along the way, why not? Other people are doing the exact same thing…

“Covid impacted” seems to be the code word for unlocking financial benefits.

Like I said, don’t hate the player, hate the game.

[Coronita]

Here’s another tip. Downgrade your mobile phone’s data plan. I was on an unlimited data plan with my carrier but now for $20/month cheaper, I’m on a 2GB data plan, where they are suppose to slow you down if you go over 2GB/month.

The thing is, however, all the mobile carriers are offering unlimited data during the covid lockdown and probably until the end of the year. so even though I’m on a 2GB/month plan, I’m really getting unlimited data, as I was getting when I was officially paying $20/month more….

In fact, if you are a low data user, you can even get rid of your home internet and just tether into your mobile phone since your mobile phone is unlimited data right now.

That’s got save about an additional $40/month for home ISP service.

[ltsddd]

[quote=Coronita]Total bill for 1 night was $16,000. [/quote]

Isn’t this here is what’s rotten about our health care system?

[Author]

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