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22 hours ago, Incredulity said:

it's in the title.

on that topic, anyone recall the whoa that was the OG whoa in shag/surl history?  does it go back to 08/09?

i think the original markets falling like whoa was the september 2015 flash crash. it definitely did not go all the way back to the financial crisis.

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1 hour ago, Nice Guy Eddie said:

Starbucks fired their 1-year tenure CEO this morning. Replaced him with the Chipotle CEO. SBUX up 23%

I've actually rediscovered Starbucks as an ok coffee shop again over the past 6 months. I can actually find a place to park and even sit if I want to for a few minutes. I had previously stopped going when it turned into a 15+ minute wait for my order. When driving to work, I can't have that long of a wait.

While I like that as a customer, that must not be good for the bottom line.

F the coffee dweeb haters. Starbucks is good. Their food options are good. App is good. Ordering process is good. Stores are good. 
 

 

4 minutes ago, Henry Hill said:

Starbucks is good

No Meh GIF by Katelyn Tarver

I'd take a McDonald's or Dunkin coffee over Starbucks anyday.  But I don't fuck with the 400 calorie dessert drinks

2 hours ago, Nice Guy Eddie said:

Starbucks fired their 1-year tenure CEO this morning. Replaced him with the Chipotle CEO. SBUX up 23%

I've actually rediscovered Starbucks as an ok coffee shop again over the past 6 months. I can actually find a place to park and even sit if I want to for a few minutes. I had previously stopped going when it turned into a 15+ minute wait for my order. When driving to work, I can't have that long of a wait.

While I like that as a customer, that must not be good for the bottom line.

"Hey you didn't fill my cup all the way!"

"Oh, that'll be a double then"

 

They're gonna Chipotle your Starbucks, the CEO announcement only ever talked about creating value, and nothing about the product or customer experience 

 

Edit: and besides, making your own coffee each morning is the fuckin BEST

Edited by Captainant

14 minutes ago, Captainant said:

Edit: and besides, making your own coffee each morning is the fuckin BEST

Community. Black.

1 hour ago, Incredulity said:

No Meh GIF by Katelyn Tarver

I'd take a McDonald's or Dunkin coffee over Starbucks anyday.  But I don't fuck with the 400 calorie dessert drinks

I’m team make at home (working from home leads to it) but if I’m getting from a coffee place it’s gonna be a mom and pop place not Starbucks 

1 hour ago, Incredulity said:

No Meh GIF by Katelyn Tarver

I'd take a McDonald's or Dunkin coffee over Starbucks anyday.  But I don't fuck with the 400 calorie dessert drinks

You should fuck with those drinks. They’re delicious.

Diabeetus GIF

4 minutes ago, Henry Hill said:

You should fuck with those drinks. They’re delicious.

Diabeetus GIF

Trying to stay away from foot loss.    Plus I'd rather kill some beers than chocolate sugar drink for empty calories.

1 hour ago, UTPhil2006 said:

I’m team make at home (working from home leads to it) but if I’m getting from a coffee place it’s gonna be a mom and pop place not Starbucks 

I go to the bulk coffee section at H-E-B.  50% Espresso Roast, 25% Sumatran, 25% Hawaiian (if they don't have that, then Costa Rican) whole bean and then grind it.  Freezer kept.  Dash of real vanilla with it in the grounds (thanks Donna) and boom.  Delicioso.  

8 hours ago, Henry Hill said:

Starbucks is good burnt.

 

16 hours ago, Nice Guy Eddie said:

Starbucks fired their 1-year tenure CEO this morning. Replaced him with the Chipotle CEO. SBUX up 23%

I've actually rediscovered Starbucks as an ok coffee shop again over the past 6 months. I can actually find a place to park and even sit if I want to for a few minutes. I had previously stopped going when it turned into a 15+ minute wait for my order. When driving to work, I can't have that long of a wait.

While I like that as a customer, that must not be good for the bottom line.

Chipotle took a big dump on that news. They had gone on a decade long tear. This summer they did a 50-1 split because each share was so nominally high - in the thousands.

When Starbucks stopped having drip coffee and went Vertica "instant" brew I gave up any thought of every going again. Didn't care for it but might go in an airport or such in a pinch. Now... no chance.

Just tells you how little actual "coffee" they were selling. Everything is a calorie bomb drink now.

 

Never been a coffee guy, but Chipotle managed to be the only burrito place with a vegetarian option (sofritas) that makes me forget about the other protein options. It’s great if you try to do meatless Monday.

On 8/13/2024 at 12:06 PM, Rip76 said:

Community. Black.

Community ‘Dark and Bold’ straight up. Or if feeling a bit bougie, a strong Cafe du Mond will work. 

51 minutes ago, Trey3216 said:

Cisco cutting 7% of workforce

thong song beach GIF

I will never not hear the Thong Song in my head when I read Cisco. 

13 hours ago, MonkeyDoughnut said:

When Starbucks stopped having drip coffee and went Vertica "instant" brew I gave up any thought of every going again. Didn't care for it but might go in an airport or such in a pinch. Now... no chance.

Just tells you how little actual "coffee" they were selling. Everything is a calorie bomb drink now.

 

WFT? I stopped visiting starbucks once the cost of a large drip coffee passed $3, and then once  WFH  started I starting grinding my own etc... But you're telling me they dont even sell drip coffee anymore? That probably explains why Nice Guy Eddie can zip right in these days. 

And I don't even buy fancy coffee. I get like a 2.5lb bag of Ruta Maya at costco for like $16, and that lasts a couple of months. $16 would be 4-5 cups at starbucks, lulz. They can fuck right off.

On 8/14/2024 at 3:19 AM, 52-80 said:

Chipotle took a big dump on that news.

Hoist with their own petard!

Jobless claims come in light, retail sales for July surprised strongly to the upside (1% vs 0.4% estimate). 

Stonks to the moon. 

6 hours ago, Storm the Field said:

Jobless claims come in light, retail sales for July surprised strongly to the upside (1% vs 0.4% estimate). 

Stonks to the moon. 

The retail sales thing is such complete bullshit.  The thing that drove the difference between the June vs July retail sales is automobile sales.  That software fuck up caused cars not to sell in June.  It got fixed and they sold cars in July.   Fucking statistics are stupid

16 minutes ago, FartingMonk said:

The retail sales thing is such complete bullshit.  The thing that drove the difference between the June vs July retail sales is automobile sales.  That software fuck up caused cars not to sell in June.  It got fixed and they sold cars in July.   Fucking statistics are stupid

Sorry about your puts, I guess.

45 minutes ago, FartingMonk said:

The retail sales thing is such complete bullshit.  The thing that drove the difference between the June vs July retail sales is automobile sales.  That software fuck up caused cars not to sell in June.  It got fixed and they sold cars in July.   Fucking statistics are stupid

You should let all the traders know. They’ll take it to heart.

It was vesting day.  I'm happy when the market goes up.  I just think the market reaction to news is completely bizarre.

Everywhere I turned over the last year or two, friends and family have been telling me Chipotle sucks these days. And I just saw that the CEO had produced excellent earnings growth over the last several years, hence why he was hired to Starbucks. So what’s the real story on Chipotle? All my friend are wrong, or my friends are smarter than all the dipshits still giving them business?

52 minutes ago, Dbeasy said:

Everywhere I turned over the last year or two, friends and family have been telling me Chipotle sucks these days. And I just saw that the CEO had produced excellent earnings growth over the last several years, hence why he was hired to Starbucks. So what’s the real story on Chipotle? All my friend are wrong, or my friends are smarter than all the dipshits still giving them business?

Whataburger meal is up to 12-14 bucks making the $15 burrito seem more acceptable?

1 hour ago, Dbeasy said:

Everywhere I turned over the last year or two, friends and family have been telling me Chipotle sucks these days. And I just saw that the CEO had produced excellent earnings growth over the last several years, hence why he was hired to Starbucks. So what’s the real story on Chipotle? All my friend are wrong, or my friends are smarter than all the dipshits still giving them business?

their CEO recently remarked that it was an "accident" that portion sizes had been getting systemically smaller. It started out as a meme that the company brushed off, but they eventually addressed on an earnings call

1 minute ago, Captainant said:

their CEO recently remarked that it was an "accident" that portion sizes had been getting systemically smaller. It started out as a meme that the company brushed off, but they eventually addressed on an earnings call

The complaint I kept hearing was also taste declined. But I never go there, primarily because friends warned me away from it. Anyway back to market news. 

13 hours ago, Dbeasy said:

The complaint I kept hearing was also taste declined. But I never go there, primarily because friends warned me away from it. Anyway back to market news. 

I still like it, but it's not as good. After their food safety concerns a few years back they stopped doing everything fresh at each location and centralized a lot of the food prep, especially around meats. It's just not as tasty now. Might pick up once or twice a year now.

He's a great CEO for the shareholders.  A terrible CEO for the customers.

1 minute ago, PilotsError said:

He's a great CEO for the shareholders.  A terrible CEO for the customers.

I can rationalize this disconnect at a lot of companies, but a company that serves food?? Make it make sense.

On 8/14/2024 at 12:12 PM, StassneyHorn said:

Never been a coffee guy, but Chipotle managed to be the only burrito place with a vegetarian option (sofritas) that makes me forget about the other protein options. It’s great if you try to do meatless Monday.

who the fuck does something called meatless mondays?

People who want to eat less meat. People who want to make small changes to lower their blood pressure. People who want to lose weight.

Will Taco Tuesday blow your mind? What about Wing Wednesday? Fish Friday?

 

Edited by StassneyHorn

50 minutes ago, StassneyHorn said:

People who want to eat less meat. People who want to make small changes to lower their blood pressure. People who want to lose weight.

Will Taco Tuesday blow your mind? What about Wing Wednesday? Fish Friday?

 

Yes, be more healthy by avoiding one of the most nutrient dense sustenance on the planet. We totally evolved to 2024 by eating fucking lettuce.

10 hours ago, StassneyHorn said:

I don’t say this lightly, you’re a fucking retard.

Cary Elwes Disney Plus GIF by Disney+
 

It’s 2024- if we’re gonna be all sensitive about shit let’s try and be consistent. Do better.

5800 next week to stay on topic. 

Edited by Wilcox Cummingtonite

Saying they have a nice veggie option when asked about Chipotle is not sensitive or a derail. Creating a “meat is mandatory for human evolution and survival“ argument is a fucking weird way to respond.

If your mom eats meat all the time surely you can too

The old tax on unrealized gains for High net worth individuals is being thrown around again, along with increasing the long term cap gains rate from 20% to 44.6%. Irrespective of your thoughts on the merits, would be large negative to markets. Would have to expect some major capital flight. 

What is the net worth threshold?
39 minutes ago, HellesBier said:

Imagine being such a liberal mouthpiece that you think eating natural animals is worse for you than lab made cancer. Progressives going to progressive. 

What in the blue fuck are you going on about?

2 hours ago, Margin call said:

The old tax on unrealized gains for High net worth individuals is being thrown around again, along with increasing the long term cap gains rate from 20% to 44.6%. Irrespective of your thoughts on the merits, would be large negative to markets. Would have to expect some major capital flight. 

This should be a non-starter for even the typical cloak roomer 

1 hour ago, Fud said:

This should be a non-starter for even the typical cloak roomer 

It’s not.  Taxing unrealized gains would be a family business death machine and only exasperate wealth concentration.

Based on futures this morning, all 3 indices are back above their August 1st levels. Hope everyone survived the ~7% pullback that took 3 weeks to recover.

 

On 8/20/2024 at 10:23 PM, Incredulity said:

It’s not.  Taxing unrealized gains would be a family business death machine and only exasperate wealth concentration.

explain this line of thinking lol. 100M+ net worth individuals getting taxed will lead to more wealth concentration? That's really neat. I'd like to understand the math behind that.

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