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Viewing profile — kcg

kcg

HN member
Joined
Tue, Jul 19, 2011, 10:45 PM UTC
HN karma
95
Public activity
26 items

About kcg

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Recent public activity

  1. comment
    Comment #39543263

    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 lik…

  2. comment
    Comment #39541259

    The controller you're referring to is still very active in the Boston area, he's just "retired" from streaming.

  3. comment
    Comment #34713945

    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 stil…

  4. comment
    Comment #34710902

    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 airc…

  5. comment
    Comment #34704944

    > 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…

  6. comment
    Comment #34704860

    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 specif…

  7. comment
    Comment #34704586

    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 prima…

  8. comment
    Comment #26414581

    Halts are based on specific criteria and rules, they aren't arbitrarily imposed. See: https://www.nasdaqtrader.com/content/MarketRegulation/LULD_F...

  9. comment
    Comment #26181330

    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…

  10. comment
    Comment #26181076

    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 alread…

  11. comment
    Comment #25995596

    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 additiona…

  12. comment
    Comment #25991658

    > 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 infus…

  13. comment
    Comment #25991399

    > 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…

  14. comment
    Comment #25991313

    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 Per…

  15. comment
    Comment #25991222

    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 the…

  16. comment
    Comment #7770159

    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 fro…

  17. comment
    Comment #7770023

    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 20…

  18. comment
    Comment #7453116

    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 i…

  19. comment
    Comment #6741912

    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,…

  20. comment
    Comment #6434643

    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 s…

  21. comment
    Comment #6261492

    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 motiv…

  22. comment
    Comment #6067112

    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 ban…

  23. comment
    Comment #5134008

    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 t…

  24. comment
    Comment #2854164

    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 do…

  25. comment
    Comment #2825112

    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.