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19 September 2021
12:17 hour

The Margin: Comedian Norm Macdonald has died after a ‘long and private battle with cancer’

Market Watch

14/09/2021 - 21:01

The former 'SNL' star’s management team confirmed his passing to Deadline


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  1. Unknown Stock Market Investor died with $188M in stocks and donated ALL TO CHARITY (28/03/2021 - Reddit Stocks)
    I am hoping people here take the time to read about Jack Macdonald - a man that lived frugally his whole life but invested in the stock market and left $188M to charitable organizations when he died in 2013. He was a lawyer living in Seattle, no one aside from a few close family members were aware of his wealth. He was fascinated by the stock market and thought of himself as shepherding over his wealth that would eventually go back to benefit the rest of society. Here are a few stories you can read about him: https://www.joshuakennon.com/add-jack-macdonald-list-secret-millionaires-just-died-left-188-million-built-investing-stocks-charity/ https://who13.com/news/secret-millionaire-seattle-man-lived-frugally/ I hope we all can take away something from this story - it is not about flashing your wealth. His story obviously is on an extreme, but everyone can take something away from the way he lived his life and looked at investing. For those that have made large gains this year, remember to give back to those that are less fortunate. Or, just keep investing that until you have $188M when you die - and then give that to charity to benefit others.   submitted by   /u/Trisolaran_arbitrage [link]   [comments]
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  2. Europe Markets: Private-equity battle shapes up for number-four U.K. supermarket chain (05/07/2021 - Market Watch)
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  3. London Markets: Morrison Supermarkets trades above latest $9.5 billion bid as private-equity battle continues (20/08/2021 - Market Watch)
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  4. Key Words: Jeff Bridges: ‘COVID makes my cancer look like a piece of cake’ (14/09/2021 - Market Watch)
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  5. : Grammy-nominated artist DMX has died at age 50 (09/04/2021 - Market Watch)
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  6. Bailing out on justice: Bad laws, probe agencies’ impunity mock ‘bail as the norm’ (19/07/2021 - Financial Express)
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  7. HPV Vaccines to prevent Cervical Cancer (04/08/2021 - Financial Express)
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  8. Good opportunity to grab some PTON (19/04/2021 - Reddit Stocks)
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  9. Private power plants seek Odisha govt’s help to cut water charges (03/03/2021 - Financial Express)
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  10. Margin question (02/09/2021 - Reddit Stocks)
    As a preface i have never used margin anytime i did i almost immediately deposited to cover margin balance. My option/play account has a balance of about 4600. The only position i currently have is a Oct 15th $55 call for DKNG. The rest of the account is currently cash. Im long on DKNG and am wondering if i execute and go into margin what will happen and when will Etrade sell my shares. How long will i have to deposit 900 into my account Thanks for your help   submitted by   /u/tahopg [link]   [comments]
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  11. Long term investing with margin (10/09/2021 - Reddit Stocks)
    Would like multiple people's point of view because I fail to see any major flaw in this idea, but I'm probably just too inexperienced. What would be the potential issues with investing for the long term and using margin? It feels like a 2.5-5% fee is nothing when I can get returns of ~20%. I manage my portfolio, it's a mix of long term stocks such as $AMD, $SE, $MSFT, and a few ETFs like $ARKG. Besides the obvious eg. market crashing and receiving a margin call, but if I have funds in a savings account that could cover said margin call, what other issues could arise? Interested in hearing both sides of the coin, thanks.   submitted by   /u/MLG_Arcane [link]   [comments]
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  12. A family member died who had some investments. (29/05/2021 - Reddit Stocks)
    I know that it's probably cruel to talk about money since he died last night but what do we do? He had them in the Robinhood app. Just thinking of selling them and distributing the money among his closest relatives.   submitted by   /u/PonceIsReal [link]   [comments]
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  13. Suggestions for Portfolio Margin accounts (12/06/2021 - Reddit Stocks)
    I'm going to trade my strategy of leveraged long positions in 15 stocks (more value oriented, so not wild Biotech stocks, for example), and shorting an ETF that tracks an index. It would be net long 100% by being 200% long individual stocks and 100% short an index ETF. I'm looking at portfolio margin accounts and seeing rates like 7%. My current account (no margin) is with Schwab which I like, but it says their base rate is 6.5%, which seems wild. Does anybody have any experience with Portfolio Margin for holdings held for a longer term (no day trading) and recommend which brokers to use.   submitted by   /u/The_Nomadic_Nerd [link]   [comments]
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  14. Part of his audiobook that really fascinated me. 13 points to look for in a multibagger stock. Side note : He could have been a comedian. (17/04/2021 - Reddit Stock Market)
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  15. Govt to clarify 100% FDI norm applicable to refiner-cum-retailer BPCL (29/05/2021 - Financial Express)
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  16. Cancer patients highly susceptible to COVID-19 infection- vaccination can play a significant role (22/05/2021 - Financial Express)
    Cancer patients were initially considered to be susceptible to Covid -19 due to their reduced immune response status or due to cancer or cancer directed treatment.
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  17. $BCTX, a shorted cancer stock (MEGA DD) (09/06/2021 - Reddit Stock Market)
    note from me: I didnt write this, but I am very long. I actually borrowed this from the wall street bets page. The wall st bets crew is just discovering this now. Institutional investors are dying to get in. The float is TINY. The mkt cap is TINY. Good luck to everyone in all your investments BriaCell Therapeutics ($BCTX) MASSIVE POTENTIAL $BCTX has potential to run 1000-10000%! It's currently a "micro-cap" but it DESERVES to be a large cap stock worth MINIMUM 1 bil marketcap. It's only a matter of WHEN not IF. It's a cancer treatment company specifically focused on breast cancer currently and shorts are trying hard to take it down. F#*K CANCER AND F#*K the shorts who have no human decency for trying to take down a company curing cancer. PT $100-300 DD: Recent trials showed INCREDIBLE results, 100% elimination in a breast cancer patients "eye bulging" tumour, this patient previously underwent 11 different treatments with no results! Recent trails show 2-3x survival rate compared to other breast cancer treatments! Amazing phase 2 data, already developed proof of concept, and positive results. HIGHLY experienced team, the CEO Dr. William Williams has already successfully taken 11 drugs to the market Partnerships with Merck (183bil marketcap) and Incyte (18bil marketcap) are imminent, CEO has ties Long term they've stated they will use extra cash for creating a "mega biotech" and moving on to cure other cancers other than breast cancer Recently hired 3 PR companies, going to be rolling out tons of positive PR soon Only hit the nasdaq 3 months ago, which is why its so undervalued as it has not been found yet! Valuation: Currently sitting at 50 million market cap, similar competitors in cancer space and trial timeline sitting a 200mil-1bil (4-20x alone if we hit those market caps) 55 million cash on hand (more cash on hand than its market cap) Recent offerings mean no more dilution to come anytime soon Private investor just put 27 million into this stock, and private investors are known to only invest in companies that have massive upside (100-1000%) Many institutions have bought in, over 60% of the float is LOCKED and held by whales including the CEO who bought a ton of his own company stock (very bullish) VERY low float, if we got even half the volume of AMC, it can send this 1000-10,000% and KILL the shorts (float comparable to $GLSI) currently sitting at rank #1 short squeeze ranking on FINTEL tl;dr: This stock will be sitting in the triple digits within a year, with or without this squeeze. However, I hate seeing shorts trying to destroy a company that is changing lives and curing cancer. Let's squeeze them out of all their money, they deserve it.   submitted by   /u/TheLastJewmurai [link]   [comments]
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  18. Cancer in children: The unseen impact of cancer on education (02/08/2021 - Financial Express)
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  19. The Margin: Nancy Pelosi orders Capitol flags to be flown half-staff to honor slain officer (02/04/2021 - Market Watch)
    Lawmakers respond to the news a man rammed into a Capitol barricade on Good Friday. The driver and an officer died.
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  20. How to calculate when I'll get a margin call? (03/08/2021 - Reddit Stocks)
    Ok, pretty sure I'll catch some abuse for this question but I'm still confused after researching. I had ~$44000 in cash, I used margin to buy $66700 worth of AMZN, 20 shares total ($3335 per share). So as I understand I used 50% of my available margin. Brokerage requires 50% maintenance for "concentrated positions". So since I used $22700 of margin, AMZN would have to drop to 26.79% of original price before I'd get a margin call. As long as AMZN is above $860 per share, I'm good?   submitted by   /u/morlock718 [link]   [comments]
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  21. Am I understanding 1k margin included in Robinhood Gold correctly? (02/04/2021 - Reddit Stocks)
    Tried posting several times on /r/Robinhood, but my posts are always auto deleted no matter what topic I write on...so hoping I can ask this here. I've seen several posts on this from googling but none that ask some of the specifics. Please tell me if I have anything wrong. The first 1k is "interest free"/already rolled into the monthly $5 price of gold. You don't have to pay anything back until you sell whatever you bought with it OR you get margin called. You won't get a margin call as long as your portfolio is at least the value in your account options under Margin Investing --> Margin Maintenance. (This is what it says on the app) So is there any reason not to at least invest that in some stable ETF instead of not doing anything with it? I understand you could lose money on it, but as long as I maintain the maintenance I won't get called so I don't have to sell and could theoretically wait 10 years for a gain before selling? Do I have that all right? If so, it seems like a waste to not do something with it, rather than have it sit there.   submitted by   /u/HotMessMan [link]   [comments]
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  22. Why I believe Briacell Therapeutics is the next ATOS - (but dont sell your ATOS) (25/06/2021 - Reddit Stock Market)
    Hello all, I would like to discuss another great company making great strides in the lab in the fight against breast cancer. Briacell Therapeutics. Here is why I believe it has "ATOS Potential" Want to start by saying I am NOT dogging or bearish on ATOS. Not advising anyone drop their ATOS. I do always advise taking profits (regardless of the stock, even BCTX). If you already took some profits on ATOS and are wondering where to put them, or you want to let your ATOS investment ride but have some investing powder - let me recommend BCTX. Atos has a 1b mkt cap vs bctx 45ish million market cap. So if BCTX follows ATOS trend, it has 20x potential. I want to be clear, ATOS is in stage III clinical development vs BCTX which is in stage II. Thats huge. Once a company gets into stage III, thats when the bio funds start buying in, thats when the analyst ratings come, thats when the serious institutional investors really take note. So im not trying to make a case for BCTX over ATOS. Atos deserves its much larger market cap. But BCTX kind of looks like where ATOS was at a while back. BCTX had amazing stage II clinical trial results. Much like ATOS did. If BCTX can continue these awesome results into stage III, it will really fly. I mean really really fly because the mkt cap is small and the float is tiny. The head of the BCTX team, CEO Dr. Billy Williiams (silly name, I know). Despite his hilarious name, William Williams is no joke. He was the former head of experimental medicine at GlaxoSmithKline, which is a HUGE bio giant. Thats extremely impressive, and thats what we are doing here (experimental medicine). On BCTX presentation about 2 weeks ago, they had a testimonial from a patient. The patient tried 13 different therapies and none of them could touch her eye tumor. The patient tried BCTX therapy in desperation (the medication is for breast cancer) - and it killed the tumor 100%. This is googleable. Google Briacell eye tumor. Because of this, BCTX is like "Wow! What do we have here?" so they did a private placement to raise funds. Yes, that hurt the momentum of the stock. When that news broke, the stock retraced from around 9 (intra-day) back down to the 5's where we are now. Nobody likes offerings (private or public, but this was private and private is better than public). But the momentum zap from the private placement is in the past now, and it gave the company great cash on hand. So they have no need to do another offering for a good long while. In addition, with the funds raised (and because of the shocking eye tumor results), Briacell very recently added 3 new products to its pipeline. Bria-lung (for lung cancer), Bria-mel (for melanoma) and Bria-pros (for prostate cancer). These products are in their infancy. The breast cancer application, however, should be going into stage III clinical testing soon. Prostate cancer is a killer and there are 0 cures on the market right now. Its exciting, but I want to remind you that Bria-pros is far off. This is last for a reason. There is a lot of shorts. Im not sure who raised these greedy people shorting a company making actual strides in the lab. But like the ATOS shorts, the BCTX shorts deserve to burn too. Now I put this last because I think the company is worthy of your research on its own merits, any kind of short squeeze that may or may not happen is just gravy on the meatloaf. Thank you for reading, go BCTX and go ATOS! One could even say that these two companies have cancer on the ropes! Do your own research, Im just a guy on the internet. Let me know what you find. Have a nice weekend, everyone.   submitted by   /u/TheLastJewmurai [link]   [comments]
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  23. The Margin: Heat-related deaths are expected to rise after 1.7 million people died in 2019 due to extreme temperatures: study (20/08/2021 - Market Watch)
    While cold weather is linked to more deaths, two new studies find that extreme heat can be more harmful in areas where it’s already hot.
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  25. International Childhood Cancer Day 2021: With over 50,000 cases a year, cancer in children a big issue for India (15/02/2021 - Financial Express)
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  26. Realtor.com: John Travolta is selling his massive waterfront mansion in Maine for $5 million (24/02/2021 - Market Watch)
    The actor John Travolta is selling his massive, oceanfront Maine mansion for $5 million. The star had owned the longtime retreat with his wife, the actress Kelly Preston, who died last year at the age of 57 of breast cancer.
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    The Bezos Earth Fund will invest in scientists, the private sector, and policy change, its first president and CEO said.
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  29. Coronavirus Update: U.S. passes grim milestone as 1 in 500 have now died of COVID, and debate about need for boosters heats up (16/09/2021 - Market Watch)
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  30. Margin call (12/03/2021 - Reddit Stock Market)
    Im super confused with margin. I have always used it and I have always done well with it. Now that I am experiencing the first market correction, I’m holding bags. This has caused a margin call on me. Before it was normal I had to sell a stock and didn’t owe any money. However the next day I received a margin call again for the exact amount of margin I have outstanding. Why do they do this?? It’s like they revoked my margin completely. I don’t want my account to be liquidated but I don’t. Have the rest of the money owed. What can be done. I owe exactly $1163.61 and that is the same balance as the current margin outstanding. Please help.   submitted by   /u/Warrior7872 [link]   [comments]
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  31. $PPBT breaking ground with cancer. (06/06/2021 - Reddit Stocks)
    WARNING: This is a hugely manipulated stock. The amount of shorting and algorithmic trading is something to behold, truly. Interim data was released for their main cancer drug in P1. At the LOWEST dosage levels (3mg/kg) it caused remission in two cancerous lesions and stabilized two others. It’s currently being tested all the way up to 50mg/kg. This has been studied for ten years and could potentially service 26 different types of cancer. It is a small molecule that can pass the blood-brain barrier and potentially help in brain cancer. Take a look! Thanks!   submitted by   /u/CheshireLux [link]   [comments]
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  32. Margin costs when stock value covers margin amount. (12/08/2021 - Reddit Stocks)
    If you purchase 5,000 shares of a 10 stock for 50,000. 25,000 with cash and 25,000 with margin and the stock goes to 20.01. Are you still paying the margin interest, even though the stock now covers the margin balance? Is there any way to get rid of the margin interest without putting more money into your account i.e. can the stock value be used to cover the margin interest?   submitted by   /u/chopinrocks [link]   [comments]
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  33. Overnight margin call, what are my next steps? (07/05/2021 - Reddit Stocks)
    So right now I have money moving to my bank to push my account balance back up, but overnight this morning I found an "account deficit" warning when I opened the app. Right now, It shows 3.5k margin used and 9000 in options collateral (dummy me sold a put on margin) Right now my account is about 35k, margin maintenance on my main holding jumped to 80% and is floating at 36k. I have 5k incoming, but most likely won't be here til Wednesday. So right now I'm in a weird spot. Do I buy back my put and turn in the original 9k collateral? Would that reduce my margin maintenance down alot? Or should I pay both the margin and buy back the options collateral? Help me save my account. Not sure how long they'll let the deficit remain   submitted by   /u/Snurtysnurts [link]   [comments]
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  34. Beyond Meat wins favorable ruling in long legal battle against Don Lee Farms (31/08/2021 - Seeking Alpha)

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  35. The Margin: Sen. Amy Klobuchar urges Americans to get health checkups after revealing she had breast cancer (09/09/2021 - Market Watch)
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  36. Maintenence Margin calculation (29/05/2021 - Reddit Stocks)
    I cant get my head around how maintenance margins are calculated, reading online says it is account equity - borrowed amount. It gives an example of An investor deposits S20,00 into a brokerage account and borrows an additional S10,000 from the broker. The investor has 30,000 to invest. However, the maintenance margin of S7,000 must be maintained between cash and the value of the stocks. As long as the acount maintains a value of more than S7,000, the investor will not get a margin call. Using the above calculation i do not reach a margin of 7,000 Im only just learning these terms so please bare with me, any advice or help is greatly appreciated.   submitted by   /u/lukee_b1 [link]   [comments]
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  37. Can I sell just the stock I bought on margin? (09/08/2021 - Reddit Stocks)
    I have never used margin before and I was thinking about using margin to increase my position. I was thinking of using margin to increase my stake but I want to sell the margin shares in the near future and keep the ones I bought with all cash. Is it possible to sell only the margin shares so that I'm no longer in danger of a margin call but still hold my existing shares?   submitted by   /u/Longjumping-Let2337 [link]   [comments]
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  38. Is Apple really a forever stock? (12/03/2021 - Reddit Stocks)
    I see so many people saying apple is a forever stock. Quantitatively I think it’s over valued currently. I know people won’t stfu about services. If people stop using iPhone and others their services profits will go away too. I know we have the 5G cycle coming up, but long term I think the smart phone will go the way of the laptop which is cheap and low profit margin. People could become privacy conscious and get a Linux phone when it eventually comes out (I am seriously considering getting a Linux phone). The iPhones market share is constantly shrinking. Revenue has been flat for years. I know they gave Apple Pay, but that’s with credit card and visa benefits from that. Apple hasn’t been innovative since Steve Jobs died. Would like to know everyone’s thoughts. If I’m wrong about something please correct me   submitted by   /u/DeepOutTheMoney69 [link]   [comments]
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  39. Pay off Margin (18/08/2021 - Reddit Stock Market)
    Hi all - Just wondering if anybody knows how to go about paying off a margin loan from a TD Ameritrade account. My margin balance is showing about -$2,500. I'd like to be able to pay it back with the cash I have sitting in my account without having to sell the stock I bought on margin. Is there a way to do that through the website or do I have to give them a call? In my example if I deposit $2,500 cash into the account, will my margin automatically reduce to zero? Basically I decided that margin trading wasn’t for me but I don’t want to sell my stocks to get rid of it. Thanks for the help!   submitted by   /u/MerrymanOfKansas [link]   [comments]
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  40. Stuck in margin question (29/03/2021 - Reddit Stock Market)
    Hey everyone. So 1 year ago I created a TD Account and put my life savings into it ($30,000). This whole time I've had the ability to use margin, but never did until recently. About a month and a half ago I decided to go heavily into margin on AMD, PLTR, and MSTR. Almost since the day I went into margin ($12,000) they've been dropping like flies. This is my first time in margin, and I have no idea how to get out of it. The stocks will just not even get close to where they were in price. Is there a strategy to average down if you cannot use anymore margin? For instace, if there is a big green day, should I sell off all my margin, and then buy it back on a red day? Because say I sell off on a green day, but I'm still down $4,000 in the stocks, when I re-invest on a red day, I'd only have 8k to use this time? Please if anyone has advice I'd really appreciate it.   submitted by   /u/as0844 [link]   [comments]
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