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pleasedontgetinjuredclanroyal
22 Mar 20 17:10
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Date Joined: 25 Mar 04
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will the profits they are making at the moment outweigh the money they will be making when we are in shutdown ?

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Replies: 12
By:
pleasedontgetinjuredclanroyal
When: 22 Mar 20 17:19
sorry that should read will the profits they are making at the moment make up for the money they wont be making when we are in shutdown ?
By:
Angoose
When: 22 Mar 20 17:26
Question that requires to be asked is will they sell more goods in the next six months than they otherwise would have.
If so, why will this be ?

For supermarkets to sell more food items, you will require for some of the following conditions to be at play:

1 - Significant increase in food waste due to over buying of perishable items
2 - Food requirement that would previously have been satisfied by other outlets now being satisfied by supermarkets
3 - Mass increase in obesity

You then require to consider the impact on non food sales from supermarkets.
Whilst people are worried about their future employment prospects, you'd expect non food sales to decrease.
By:
moisok
When: 22 Mar 20 17:34
I will do my best to help  but how many cases of bags of rice can one get under the bed - if it gets wet from any bedroom  'activities'   it will swell up to amazing proportions - as happened to Midshipman Hornblower
By:
unitedbiscuits
When: 22 Mar 20 17:45
Buy Asda - hence Walmart - but wait until Tuesday. Monday is going to be a bad day, and price will drop from current $114.
By:
pleasedontgetinjuredclanroyal
When: 22 Mar 20 17:54
thankyou biscuits...am expecting bookie shares to take another battering tomorrow....stock market had closed before they announced shops were

closing after boris's announcement on friday.
By:
Coachbuster
When: 22 Mar 20 17:56
why can't we bet on shares on here ?
By:
Just Checking
When: 22 Mar 20 17:59
I think there is a place where you can bet on shares?

Yes, financial spread betting it's called. I remember considering it bloody years ago then didn't bother.
By:
unitedbiscuits
When: 22 Mar 20 18:01
Yes.

Usually best to disregard the stockmarket until Wall St pre-mkt opens at 10:00am. Take your cue from Aapl - that is by far the heaviest traded stock.
By:
unitedbiscuits
When: 22 Mar 20 18:08
Lol. Betfair squandered millions trying to develop a share trade platform, in the days when they had more money than they knew what to do with.

Initially it made sense - the Exchange platform is based on a model with which Andrew Black was familiar from working on short trades on Wall St.
It was known as L-Max - before Betfair staff said it was uncompetitive and more like Tampax.

Go to Halifax if you want to deal cheaply in shares.
By:
Just Checking
When: 22 Mar 20 18:14
united I THOUGHT betfair had tried something but it's so long ago and I'd not seen anything about it for so long I thought my mind was playing tricks on me .. they stopped it then? This is ringing a bell.
By:
unitedbiscuits
When: 22 Mar 20 18:25
L-Max never got to market.

If you were invested then (2011 I think they cancelled) you had to take a 75% loss of share value. It was only after Breon Corcoran came in that the shares exploded upward, and the merger with PP was perfect timing.
By:
unitedbiscuits
When: 22 Mar 20 18:37
As an aside:

Betfair used to operate a Market on whether the FTSE 100 would be up or down every trading hour.

It was a bent game: City insiders with a time advantage could sweep the market pretty much anytime they wanted.

It was a long time ago but two names I remember are "Lotus-Exige" and his sideman "Contrarian." The first named also used to place "trap bets", offering win prices to lay on place markets at prestige events like Royal Ascot and Goodwood.
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