In the News II

Thread Rating:

June 2nd, 2024 at 2:35:01 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 137
Posts: 21195
Quote: DRich
Wow, you are fortunate. I am happy if I only go to the ER once a year.


Been there more than once. Almost died in 2022. If I had disability I would have taken a month more than I did to recover. When perfect strangers on the street ask if you are OK you know you should have driven to the poker game.
War is peace. Freedom is slavery. Ignorance is strength
June 2nd, 2024 at 2:36:52 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 137
Posts: 21195
Quote: DRich


Wow, I had no idea Pepsi has fallen that far. i remember back in the 1980's I think it was that Pepsi surpassed Coke in retail packaged sales (basically excluding all restaurants and concessions).


Pepsico does not live and die by the flagship product like KO does. They have more profitable things like Gatorade and salty snacks.
War is peace. Freedom is slavery. Ignorance is strength
June 3rd, 2024 at 3:09:33 AM permalink
DoubleGold
Member since: Jan 26, 2023
Threads: 34
Posts: 4242
A different kind of conviction. :)

I'm certain the SEC will verify these positions:

https://helios-i.mashable.com/imagery/articles/01vczdlv0egyub66uy7abSA/images-1.fill.size_2000x344.v1717402244.png

---------------------

Legendary trader Roaring Kitty finally shows his hand, and it's full of GME

June 3, 2024

https://mashable.com/article/roaring-kitty-gme-position-gamestop-stock

---------------------
June 3rd, 2024 at 5:09:57 AM permalink
odiousgambit
Member since: Oct 28, 2012
Threads: 165
Posts: 6378
'More woke than coke'

https://www.cnet.com/culture/more-woke-than-coke-pepsi-slammed-for-kendall-jenner-protest-ad/
I'm Still Standing, Yeah, Yeah, Yeah [it's an old guy chant for me]
June 3rd, 2024 at 5:15:28 AM permalink
Tanko
Member since: Aug 15, 2019
Threads: 0
Posts: 2470
Quote: AZDuffman
Pepsico does not live and die by the flagship product like KO does. They have more profitable things like Gatorade and salty snacks.


KO is more profitable.

Operating Margin 33% vs. 16%.

Profit Margin 23.4% vs. 10%

Net Income $10.78 billion vs. $9.18 billion


KO is a Warren Buffet favorite. He owns 400 million shares.

KO has raised its dividend 62 years in a row.
June 3rd, 2024 at 5:36:58 AM permalink
ams288
Member since: Apr 21, 2016
Threads: 29
Posts: 13466
Quote: odiousgambit


Article is from 2017.

From the graph I posted we can see Pepsi’s share of soda sales starting going down long before then.
“A straight man will not go for kids.” - AZDuffman
June 3rd, 2024 at 9:27:18 AM permalink
rxwine
Member since: Oct 24, 2012
Threads: 217
Posts: 22942
Couple finds one months rent magnet fishing.

Quote:
New York City couple who were “magnet fishing” in a lake caught more than they had bargained for when they pulled out a safe that had $100,000 cash inside.
James Kane and Barbie Agostini tossed a line with a strong magnet attached to the end into a lake in Flushing Meadows Corona Park in Queens on 31 May, Friday afternoon.
The couple managed to open the safe and found the cash, bundles of $100 bills, with an estimated value of $100,000, though the money was damaged by the water.
In an interview with NY1, James Kane explained they began magnet fishing during the Covid-19 pandemic due to the allure of treasure-hunting without having to spend a lot of money on equipment. Magnet fishing simply involves putting a rope with a strong magnet on it into water with the hopes of retrieving metal objects.
No one expected a safe to be on the end of the line though. Let alone one stuffed with cash.

“We pulled out and it was two stacks of freaking hundreds,” said Kane.
The couple said they contacted the New York police department about the find and said they were told there was no crime attached to the cash and there was no way to identify the original owner of the safe, meaning they were allowed to keep it.

“I couldn’t believe it,” said Agostini. “I lost it.”

The couple said they’ve never found anything like this, citing some of their previous finds, including old guns, World War II grenades, a full-sized motorcycle, foreign coins, and jewellery.
"Trumpsplain (def.) explaining absolute nonsense said by TRUMP.
June 3rd, 2024 at 2:33:39 PM permalink
DRich
Member since: Oct 24, 2012
Threads: 57
Posts: 5896
Quote: AZDuffman
Pepsico does not live and die by the flagship product like KO does. They have more profitable things like Gatorade and salty snacks.


You are correct about Pepsi being diversified. Their Frito-Lay brand is huge.

The 1980's study was just for soda and Pepsi was outselling coke at the supermarkets and convenience stores. Coke dominates fast food, restaurant, and concession sales.
At my age a Life In Prison sentence is not much of a deterrent.
June 3rd, 2024 at 2:40:13 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 137
Posts: 21195
Quote: DRich
You are correct about Pepsi being diversified. Their Frito-Lay brand is huge.

The 1980's study was just for soda and Pepsi was outselling coke at the supermarkets and convenience stores. Coke dominates fast food, restaurant, and concession sales.


Multiple reasons for that, but it is what it is. KO could have bought Frito-Lay but passed.
War is peace. Freedom is slavery. Ignorance is strength
June 3rd, 2024 at 5:23:05 PM permalink
DoubleGold
Member since: Jan 26, 2023
Threads: 34
Posts: 4242
Quote: DoubleGold
A different kind of conviction. :)

I'm certain the SEC will verify these positions:

https://helios-i.mashable.com/imagery/articles/01vczdlv0egyub66uy7abSA/images-1.fill.size_2000x344.v1717402244.png

---------------------

Legendary trader Roaring Kitty finally shows his hand, and it's full of GME

June 3, 2024

https://mashable.com/article/roaring-kitty-gme-position-gamestop-stock

---------------------



$78 million paper gain today but it's real. :)

https://image.cnbcfm.com/api/v1/image/107423548-1717445991838-redditdfv2.JPG