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- chong189chong189
  ·2021-09-09
  Cool
  SOFTS-Robusta sets new four-year high, cocoa hits nine-month peak
  LONDON, Sept 8 (Reuters) - Robusta coffee futures on ICE rose to a new four-year high on Wednesday o
  SOFTS-Robusta sets new four-year high, cocoa hits nine-month peak
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- chong189chong189
  ·2021-08-01
  Ok
  BofA Says Interest Rates Are at 5,000-Year Low
  'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that th
  BofA Says Interest Rates Are at 5,000-Year Low
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- chong189chong189
  ·2021-08-01
  Interesting
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- chong189chong189
  ·2021-07-31
  Ok
  Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades
  Take it from a guy who knows, the process is really flawed. What should Robinhood (HOOD) -Get Repor
  Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades
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- chong189chong189
  ·2021-07-29
  Interesting
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631112401,"share":"https://ttm.financial/m/news/2165399212?lang=en_US&edition=fundamental","pubTime":"2021-09-08 22:46","market":"fut","language":"en","title":"SOFTS-Robusta sets new four-year high, cocoa hits nine-month peak","url":"https://stock-news.laohu8.com/highlight/detail?id=2165399212","media":"Reuters","summary":"LONDON, Sept 8 (Reuters) - Robusta coffee futures on ICE rose to a new four-year high on Wednesday o","content":"<p>LONDON, Sept 8 (Reuters) - Robusta coffee futures on ICE rose to a new four-year high on Wednesday on signs of tightening supplies, while cocoa futures hit a nine-month peak.</p>\n<p><b>COFFEE</b></p>\n<ul>\n <li>November robusta coffee was up 0.1% at $2,104 a tonne at 1427 GMT, after setting a four-year high of $2,130.</li>\n <li>Dealers cited as supportive factors falling ICE exchange stocks, increased demand from roasters for robusta instead of its pricier arabica counterpart, as well as continued shipping backlogs, including out of top robusta producer Vietnam.</li>\n <li>\"For the time being, there is no foreseeable alleviation to the international squeeze on global supply chains,\" said trader I&amp;M Smith.</li>\n <li>Strict measures to stop the spread of COVID-19 in Vietnam are prompting further supply jitters.</li>\n <li>The International Coffee Organisation said in its July monthly report global production of the bean will likely fall some way below demand in the upcoming season that starts in October, but bumped up its coffee surplus forecast for the current season.</li>\n <li>December arabica coffee rose 0.2% to $1.9430 per lb.</li>\n</ul>\n<p><b>COCOA</b></p>\n<ul>\n <li>December New York cocoa was flat at $2,704 a tonne, having hit a nine-month high of $2,717.</li>\n <li>December London cocoa rose 0.4% to 1,842 pounds per tonne, after hitting 1,844 pounds, also a nine-month peak.</li>\n</ul>\n<p>Cocoa is gaining from the prospect of improved demand in the upcoming 2021/22 season (October/September), coupled with an expected drop in supply that should leave the market more or less balanced.</p>\n<p>Dealers cited a lack of hedging pressure in the market, with top producer Ivory Coast having pre-sold much of its cocoa for the 2021/22 season.</p>\n<p><b>SUGAR</b></p>\n<ul>\n <li>October raw sugar rose 0.6% to 19.60 cents per lb, having hit a two-week low on Tuesday at 19.44.</li>\n <li>Sugar has been trading range bound of late, with lower production from top producer Brazil already priced in.</li>\n <li>October white sugar rose 0.2% to $483.70 a tonne.</li>\n</ul>\n<p>(Reporting by Maytaal Angel Editing by Mark Potter and David Evans)</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SOFTS-Robusta sets new four-year high, cocoa hits nine-month peak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSOFTS-Robusta sets new four-year high, cocoa hits nine-month peak\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-08 22:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, Sept 8 (Reuters) - Robusta coffee futures on ICE rose to a new four-year high on Wednesday on signs of tightening supplies, while cocoa futures hit a nine-month peak.</p>\n<p><b>COFFEE</b></p>\n<ul>\n <li>November robusta coffee was up 0.1% at $2,104 a tonne at 1427 GMT, after setting a four-year high of $2,130.</li>\n <li>Dealers cited as supportive factors falling ICE exchange stocks, increased demand from roasters for robusta instead of its pricier arabica counterpart, as well as continued shipping backlogs, including out of top robusta producer Vietnam.</li>\n <li>\"For the time being, there is no foreseeable alleviation to the international squeeze on global supply chains,\" said trader I&amp;M Smith.</li>\n <li>Strict measures to stop the spread of COVID-19 in Vietnam are prompting further supply jitters.</li>\n <li>The International Coffee Organisation said in its July monthly report global production of the bean will likely fall some way below demand in the upcoming season that starts in October, but bumped up its coffee surplus forecast for the current season.</li>\n <li>December arabica coffee rose 0.2% to $1.9430 per lb.</li>\n</ul>\n<p><b>COCOA</b></p>\n<ul>\n <li>December New York cocoa was flat at $2,704 a tonne, having hit a nine-month high of $2,717.</li>\n <li>December London cocoa rose 0.4% to 1,842 pounds per tonne, after hitting 1,844 pounds, also a nine-month peak.</li>\n</ul>\n<p>Cocoa is gaining from the prospect of improved demand in the upcoming 2021/22 season (October/September), coupled with an expected drop in supply that should leave the market more or less balanced.</p>\n<p>Dealers cited a lack of hedging pressure in the market, with top producer Ivory Coast having pre-sold much of its cocoa for the 2021/22 season.</p>\n<p><b>SUGAR</b></p>\n<ul>\n <li>October raw sugar rose 0.6% to 19.60 cents per lb, having hit a two-week low on Tuesday at 19.44.</li>\n <li>Sugar has been trading range bound of late, with lower production from top producer Brazil already priced in.</li>\n <li>October white sugar rose 0.2% to $483.70 a tonne.</li>\n</ul>\n<p>(Reporting by Maytaal Angel Editing by Mark Potter and David Evans)</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165399212","content_text":"LONDON, Sept 8 (Reuters) - Robusta coffee futures on ICE rose to a new four-year high on Wednesday on signs of tightening supplies, while cocoa futures hit a nine-month peak.\nCOFFEE\n\nNovember robusta coffee was up 0.1% at $2,104 a tonne at 1427 GMT, after setting a four-year high of $2,130.\nDealers cited as supportive factors falling ICE exchange stocks, increased demand from roasters for robusta instead of its pricier arabica counterpart, as well as continued shipping backlogs, including out of top robusta producer Vietnam.\n\"For the time being, there is no foreseeable alleviation to the international squeeze on global supply chains,\" said trader I&M Smith.\nStrict measures to stop the spread of COVID-19 in Vietnam are prompting further supply jitters.\nThe International Coffee Organisation said in its July monthly report global production of the bean will likely fall some way below demand in the upcoming season that starts in October, but bumped up its coffee surplus forecast for the current season.\nDecember arabica coffee rose 0.2% to $1.9430 per lb.\n\nCOCOA\n\nDecember New York cocoa was flat at $2,704 a tonne, having hit a nine-month high of $2,717.\nDecember London cocoa rose 0.4% to 1,842 pounds per tonne, after hitting 1,844 pounds, also a nine-month peak.\n\nCocoa is gaining from the prospect of improved demand in the upcoming 2021/22 season (October/September), coupled with an expected drop in supply that should leave the market more or less balanced.\nDealers cited a lack of hedging pressure in the market, with top producer Ivory Coast having pre-sold much of its cocoa for the 2021/22 season.\nSUGAR\n\nOctober raw sugar rose 0.6% to 19.60 cents per lb, having hit a two-week low on Tuesday at 19.44.\nSugar has been trading range bound of late, with lower production from top producer Brazil already priced in.\nOctober white sugar rose 0.2% to $483.70 a tonne.\n\n(Reporting by Maytaal Angel Editing by Mark Potter and David Evans)","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2901,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802750031,"gmtCreate":1627811626923,"gmtModify":1703496190353,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089279707525330","authorIdStr":"4089279707525330"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802750031","repostId":"1125426477","repostType":4,"repost":{"id":"1125426477","kind":"news","pubTimestamp":1627688762,"share":"https://ttm.financial/m/news/1125426477?lang=en_US&edition=fundamental","pubTime":"2021-07-31 07:46","market":"us","language":"en","title":"BofA Says Interest Rates Are at 5,000-Year Low","url":"https://stock-news.laohu8.com/highlight/detail?id=1125426477","media":"The Street","summary":"'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that th","content":"<blockquote>\n 'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon,' BofA says.\n</blockquote>\n<p>Bank of America says interest rates are at a 5,000-year low and recommends holding quality, defensive stocks for the rest of the year.</p>\n<p>The interest-rate calculation comes from BofA’s own data, the Bank of England, Global Financial Data and the 2005 book “A History of Interest Rates.”</p>\n<p>“Central banks are keeping global interest rates at 5,000 year lows,” wrote BofA&nbsp; Chief Investment Strategist Michael Hartnett. “At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon.”</p>\n<p>The message of this week’s FOMC meeting was \"we will let it [the economy] run hot, [represents an] ok for inflation to be not-so-transitory,” he said.</p>\n<p>“The market reaction will be [to push] the U.S. dollar down and U.S. Treasury yields up. Commodities will remain bid, and there will be a rotation to emerging market stocks and bonds.”</p>\n<p>Hartnett also sees a “preference for quality and defensive stocks, driven by inflation causing growth and EPS estimates to fall. The U.S. consumer has peaked.”</p>\n<p>As for BofA’s advice, it recommends owning “defensive, quality stocks in the second half, … as policy flip-flops will end in a market correction,” Hartnett says.</p>\n<p>BofA favors defensive stocks in vaccinated markets, such as the U.S. and European Union. And it likes cyclical reopening stocks in markets with “vaccine-upside, i.e. Japan, China and emerging markets.”</p>\n<p>U.S. stocks are falling Friday, as investors weigh concerns about the spread of the COVID-19 Delta variant and disappointing results from online retail giant Amazon (AMZN).</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA Says Interest Rates Are at 5,000-Year Low</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA Says Interest Rates Are at 5,000-Year Low\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 07:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/b-of-a-interest-rates-5000-year-><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon,' BofA says.\n\nBank of America says interest rates are at a 5,000-year low ...</p>\n\n<a href=\"https://www.thestreet.com/investing/b-of-a-interest-rates-5000-year-\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.thestreet.com/investing/b-of-a-interest-rates-5000-year-","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125426477","content_text":"'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon,' BofA says.\n\nBank of America says interest rates are at a 5,000-year low and recommends holding quality, defensive stocks for the rest of the year.\nThe interest-rate calculation comes from BofA’s own data, the Bank of England, Global Financial Data and the 2005 book “A History of Interest Rates.”\n“Central banks are keeping global interest rates at 5,000 year lows,” wrote BofA  Chief Investment Strategist Michael Hartnett. “At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon.”\nThe message of this week’s FOMC meeting was \"we will let it [the economy] run hot, [represents an] ok for inflation to be not-so-transitory,” he said.\n“The market reaction will be [to push] the U.S. dollar down and U.S. Treasury yields up. Commodities will remain bid, and there will be a rotation to emerging market stocks and bonds.”\nHartnett also sees a “preference for quality and defensive stocks, driven by inflation causing growth and EPS estimates to fall. The U.S. consumer has peaked.”\nAs for BofA’s advice, it recommends owning “defensive, quality stocks in the second half, … as policy flip-flops will end in a market correction,” Hartnett says.\nBofA favors defensive stocks in vaccinated markets, such as the U.S. and European Union. And it likes cyclical reopening stocks in markets with “vaccine-upside, i.e. Japan, China and emerging markets.”\nU.S. stocks are falling Friday, as investors weigh concerns about the spread of the COVID-19 Delta variant and disappointing results from online retail giant Amazon (AMZN).","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":3376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802727573,"gmtCreate":1627811579492,"gmtModify":1703496189868,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089279707525330","authorIdStr":"4089279707525330"},"themes":[],"title":"","htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/802727573","repostId":"1122171439","repostType":4,"isVote":1,"tweetType":1,"viewCount":4677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802308209,"gmtCreate":1627713508501,"gmtModify":1703495131026,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089279707525330","authorIdStr":"4089279707525330"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802308209","repostId":"1152039134","repostType":4,"repost":{"id":"1152039134","kind":"news","pubTimestamp":1627689014,"share":"https://ttm.financial/m/news/1152039134?lang=en_US&edition=fundamental","pubTime":"2021-07-31 07:50","market":"us","language":"en","title":"Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades","url":"https://stock-news.laohu8.com/highlight/detail?id=1152039134","media":"The Street","summary":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Repor","content":"<blockquote>\n Take it from a guy who knows, the process is really flawed.\n</blockquote>\n<p>What should Robinhood&nbsp;(<b>HOOD</b>) -Get Report&nbsp;have done to avoid the IPO debacle?</p>\n<p>I can't speak to what happened on Thursday, who was in charge, who argued for what.</p>\n<p>I can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.</p>\n<p>Second, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?</p>\n<p>Third, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.</p>\n<p>I lost on every single point.</p>\n<p>The underwriters said we could not allocate to subscribers.</p>\n<p>Second, the price of the deal would not be controlled to where we could have a small pop so everyone would win.</p>\n<p>Third, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.</p>\n<p>Everyone who bought that day lost money.</p>\n<p>Everyone who sold that day made money.</p>\n<p>No subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.</p>\n<p>It is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.</p>\n<p>I always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.</p>\n<p>Why do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.</p>\n<p>So, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.</p>\n<p>Greed?</p>\n<p>Stupidity?</p>\n<p>How about poor execution and a lack of transparency that shows how badly it was handled.</p>\n<p>Just like the offering ofTheStreet.com.</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 07:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Report have done to avoid the IPO debacle?\nI can't speak to what happened on Thursday, who was in charge,...</p>\n\n<a href=\"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152039134","content_text":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Report have done to avoid the IPO debacle?\nI can't speak to what happened on Thursday, who was in charge, who argued for what.\nI can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.\nSecond, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?\nThird, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.\nI lost on every single point.\nThe underwriters said we could not allocate to subscribers.\nSecond, the price of the deal would not be controlled to where we could have a small pop so everyone would win.\nThird, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.\nEveryone who bought that day lost money.\nEveryone who sold that day made money.\nNo subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.\nIt is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.\nI always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.\nWhy do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.\nSo, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.\nGreed?\nStupidity?\nHow about poor execution and a lack of transparency that shows how badly it was handled.\nJust like the offering ofTheStreet.com.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"tweetType":1,"viewCount":2863,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808086052,"gmtCreate":1627544188376,"gmtModify":1703492030983,"author":{"id":"4089279707525330","authorId":"4089279707525330","name":"chong189","avatar":"https://static.tigerbbs.com/9e54877e37a14aa4940efa52e3a31fe4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089279707525330","authorIdStr":"4089279707525330"},"themes":[],"title":"","htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808086052","repostId":"2154927572","repostType":4,"isVote":1,"tweetType":1,"viewCount":3283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}