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Oh my gourd, I am financially ruined (agricultural futures)
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
Bloomberg terminal vs toilet trading
Imagine spending 20K on a bloomberg terminal and thousands on hardware just to get smoke checked by some retards on the toilet trading on their phone that are not only on the spectrum but might be the actual spectrum.
Imagine spending 20K on a bloomberg terminal and thousands on hardware just to get smoke checked by some retards on the toilet trading on their phone that are not only on the spectrum but might be the actual spectrum.
Choose your fighter
Alex Magikarp π
Elon TechnoCuckLord π€+π€΄
Jeff Divorcedzos π
Salmonella π Nutella π«
Bill "HELL Giga GUH is coming" Clownman π€‘
Chamath, "I'm abouta fuck shit up" Papaya π
Ryan Cocken your butthole π₯π¦ πππ³
π₯ Z π₯ U π₯ C π₯ C π₯
Tim π Bottom π ±οΈENIS
Jack Ma MIA π€·ββοΈ
Cathie "A prayer a day keeps the π»s' away" or "Jesus, take my buying power" Woods πβοΈ
Choose your fighter
Alex Magikarp π
Elon TechnoCuckLord π€+π€΄
Jeff Divorcedzos π
Salmonella π Nutella π«
Bill "HELL Giga GUH is coming" Clownman π€‘
Chamath, "I'm abouta fuck shit up" Papaya π
Ryan Cocken your butthole π₯π¦ πππ³
π₯ Z π₯ U π₯ C π₯ C π₯
Tim π Bottom π ±οΈENIS
Jack Ma MIA π€·ββοΈ
Cathie "A prayer a day keeps the π»s' away" or "Jesus, take my buying power" Woods πβοΈ
Hello gentleman, I have suffered a loss of 69K
Hello gentleman, I regretfully wish to share with you all that I shant comment on this Internet forum henceforth. As of the time of my arrival in this past autumn, I have suffered a loss of 69K. By the blessing of Lady Luck, I am still experiencing a positive net balance of 420%, so I have come to the conclusion I must liquidate my insignificant phallus account. I shall use this fortune for procuring a vaginal enlargement and acquire tremendous breasts for my OnlyAristocracy parchment. Or I may be devilish and maintain an investment position in TournamentCease. I am short of hours of leisure in life, training dogs to consume peanut butter from the reaches of my posterior and can not bare the rapid change of value of my investment holdings of 40 point 7 grand. I am aware that you, my peers of this financial derivatives Internet forum are filled with ecstasy to become privy to this, so copulate with yourself, I desire you all to be ablaze in nonheteronormative ursine hell in tandem with Sadam.
Hello gentleman, I regretfully wish to share with you all that I shant comment on this Internet forum henceforth. As of the time of my arrival in this past autumn, I have suffered a loss of 69K. By the blessing of Lady Luck, I am still experiencing a positive net balance of 420%, so I have come to the conclusion I must liquidate my insignificant phallus account. I shall use this fortune for procuring a vaginal enlargement and acquire tremendous breasts for my OnlyAristocracy parchment. Or I may be devilish and maintain an investment position in TournamentCease. I am short of hours of leisure in life, training dogs to consume peanut butter from the reaches of my posterior and can not bare the rapid change of value of my investment holdings of 40 point 7 grand. I am aware that you, my peers of this financial derivatives Internet forum are filled with ecstasy to become privy to this, so copulate with yourself, I desire you all to be ablaze in nonheteronormative ursine hell in tandem with Sadam.
