Bullseye Bob

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Bullseye Bob

Bullseye Bob

@jaginger

เข้าร่วม Aralık 2010
409 กำลังติดตาม185 ผู้ติดตาม
Bullseye Bob
Bullseye Bob@jaginger·
@SeanTrende Pretty easy how you just ignore "subject to the juridiction thereof" little fella.
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Sean T at RCP
Sean T at RCP@SeanTrende·
I still think it’s hilarious that with the birthright citizenship MAGA has become living constitutionalists (this is a problem they didn’t consider in 1868!) and lefties have become plain meaning/originalist types.
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Bullseye Bob
Bullseye Bob@jaginger·
The fact that vast swaths of this world's supposedly intelligent people don't understand this is a tragedy highlighting the inability to think that has infected untold minds. Prior assumptions are followed rather than hard data and logical reasoning. It's a tremendous problem, and it tends to affect liberals more than conservatives, though neither side is immune.
Gummi@gummibear737

Iran was trying to use the North Korean model to get a nuke: create sufficient conventional deterrence so you won’t be challenged in acquiring one (it’s called the Seoul Hostage Problem). This has been explained over and over since day one. Everyone claiming shifting goalposts or no imminent threat has been lying. The reason North Korea was allowed to get nukes is because Seoul (and its 10 million inhabitants) is within artillery and rocket range of North Korea. During the 1994 nuclear crisis, the Clinton administration seriously considered airstrikes on North Korea’s Yongbyon reactor but backed off precisely because of the artillery threat to Seoul. Iran was trying to accomplish the same by stockpiling missiles and drones which would have had the same deterrent effect. The proof is what Iran has been doing in the past month: attacking all its neighbors in order to pressure the US to stop attacking it Beyond this, they were building medium-range ballistic missiles that could reach Paris and London, meaning all of Europe could be held hostage as they built a nuclear bomb. The reason Iran has not built a nuclear weapon until now is not because it couldn’t, but because it knew it would be attacked and denied this capability. So by allowing them to continue developing this conventional deterrence, you would be allowing Iran to get a nuclear weapon. And unlike North Korea, Iran is led by an eschatological death cult Reagan saw nuclear mutually assured destruction (MAD) as both morally bankrupt (because of the innocent-body-count problem) and dangerously fragile because it assumed flawless rationality between adversaries…this means it only takes one irrational actor to destroy the world. Working backwards from the conclusion that Iran’s Islamist regime must never have a nuclear weapon, it was necessary for the US to attack Iran to deny it the conventional capacity to hold the entire eastern hemisphere hostage. Every European leader knows this and behind the scenes praises the US for this action. But they are cowards, held hostage by their own internal Muslim populations, and so adopt these ridiculous public positions. This was never about Israel. And if your argument is that Iran should be allowed to get a nuclear weapon then you are a fool and a traitor to western civilization…you’re a useful idiot

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Kevin Adam Ali
Kevin Adam Ali@0x_penalretard·
@InvestSpecial Great write up. It seems to me that the “converting away from mlp” catalyst never seems to workout that well
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Dalius - Special Sits
Dalius - Special Sits@InvestSpecial·
$NRP is starting to look interesting. This is a cheap coal (80% met coal) royalty business that has been on a deleveraging path for the last 10 years. The company will likely pay off its remaining debt this year and begin paying dividends. Considering that it trades at less than 4x FCF (ex. stake in soda ash biz), the start of dividend payouts should be a meaningful catalyst. Based on my estimates, there’s about 60% upside in this setup, even assuming $150M in norm. FCF ($220-230m last year), a level the company has almost never reached. During the low met coal pricing years (2015–16 and 2019), distributable cash flow from the coal business was between $187M and $214M, so $150M is a pretty conservative assumption. I’m capitalizing it at a 10% yield, which is more than reasonable given the quality of the royalty stream operations. This also excludes the COVID-affected years when distributable cash flow dropped to trough levels of $130M. Why is the company cheap? There are several reasons for NRP’s undervaluation. For one, it’s structured as an MLP, which by default limits the pool of interested investors. Additionally, coal remains an unloved industry among larger funds, so it’s no surprise the company trades at these levels. On top of that, we’re currently in a low coal and soda ash pricing environment due to weaker Chinese demand. Despite this, NRP operates a royalty business with minimum payment commitments and limited exposure to global pricing and volume volatility. As a result, even a highly conservative normalized FCF estimate of $150M seems to more than compensate for the majority of these supply and demand-side risks. The company owns 13m acres of mineral rights across various parts of the U.S., primarily for coal, most of which is metallurgical coal. These properties are leased for 5 to 40 years to some of the lowest-cost producers in the world. The mineral rights business generates about 80–85% of the company’s total distributable cash flow, with the remainder coming from its soda ash business. Leading up to 2016, the previous management team pursued an aggressive M&A strategy and took on significant leverage. When coal prices collapsed in 2016, the company nearly went bankrupt. The CEO was removed, and new management pivoted to a strategy focused on debt reduction and selling off non-core assets. To survive the debt burden, the company was also forced to issue preferred equity and warrants, though these later became an overhang. Last year, all of the preferreds and warrants were finally eliminated. Now, with just a minimal amount of debt remaining (= to 1y of FCF), the company is positioned to start issuing dividends. Finally, insiders own nearly 25% of the stock, so they’re well-incentivized to pursue buybacks or significantly higher dividend payouts.
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Officer Lew
Officer Lew@officer_Lew·
WATCH🚨: CHAOS at ATL Airport Spirit Airlines gate just went full Braveheart mode. Dozens of passengers turned the boarding area into a battlefield — punches flying, kicks landing, hair getting yanked — all over a boarding dispute. Police showed up late to the party, as usual. Only at Spirit, folks. Only at Spirit. 😂💀
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Bullseye Bob
Bullseye Bob@jaginger·
@AndrewCFollett It's amazing the depth of evil that social media has revealed. These people are truly gripped by it. Some might even say they are demon-possessed. I don't think that's far off.
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Andrew Follett
Andrew Follett@AndrewCFollett·
Its pretty amazing that these people calling me an "evil Nazi cunt" while praying for violence upon me and my 4 young children and wife...
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Andrew Follett
Andrew Follett@AndrewCFollett·
The leftist response to minor criticism is... hoping for the murder of my little children. These people are pure evil.
Andrew Follett tweet media
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Andrew Neil
Andrew Neil@afneil·
I am told by White House sources that Trump is seriously considering taking Kharg Island.
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Bullseye Bob รีทวีตแล้ว
Bullseye Bob
Bullseye Bob@jaginger·
@RealestMercury Trump can talk out of his ass and change it 12 hours later if he wants. That's what makes him Trump and part of what makes him awesome.
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🌡Mercury 🇺🇸
🌡Mercury 🇺🇸@RealestMercury·
Trump: "we'll bring gas prices way down as soon as we leave iran and that will be soon". (Not sure if that's a good idea to broadcast that).
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Bullseye Bob
Bullseye Bob@jaginger·
@SweatyEquities ACI payments does. Put it in your paypal account and pay that way for a lower fee (~1.8%)
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Sweaty Equities
Sweaty Equities@SweatyEquities·
Does the IRS accept Amex?
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David Suslenskiy 🇺🇸
David Suslenskiy 🇺🇸@DavidSuslenskiy·
@varadmehta You don’t explain how you would go about opening the strait which is impossible. As long as Iran doesn’t want it open it stays closed. No ship is going to risk getting hit with a drone. There is no way to prevent Iran from having any capabilities at all to even launch a drone.
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Varad Mehta
Varad Mehta@varadmehta·
Opening the Strait of Hormuz isn't quite a now or never proposition, but it's pretty close, IMO. 1. The US will never have a greater advantage in military terms, Iran will never be more at a disadvantage, than presently. 2. Any delay lets Iran recoup and rebuild, not to mention it normalizes their control of the strait not just de facto but de jure if they can impose tolls over it. 3. Americans already don't like the war, but it's only 40-60. A second bite of the apple in six months or a year would be 30-70 or 20-80. The war is on now, so whether it lasts 2 or 4 or 6 more weeks isn't that different. The damage is done politically and economically. But say it's over and then go back? Yeah, good luck with that. 4. There's no going back to the status quo ante without reopening the strait. It has to be reopened to get American oil and gas prices down. Letting the strait stay closed rather than ending the war would in fact prolong it. The war is still on while it's still under Iranian control. So if you want the war over ASAP, that means opening the strait, not abandoning it. Just my seven cents.
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New England Veteran
New England Veteran@NEVeteran·
@cryptorover We gave Iran a Toll Booth. I wonder if they are going to become more powerful in the years to come and acquire nuclear weapons.
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Crypto Rover
Crypto Rover@cryptorover·
💥BREAKING: More vessels are moving through the Strait of Hormuz today. This is good for the global economy.
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Carryunwind
Carryunwind@carryunwind·
@jaginger @AmitSegal How dumb are you? What other things are more important than things that can actually hurt you immediately ie ballistic missiles
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Amit Segal
Amit Segal@AmitSegal·
Update: It appears that last night’s strike in Isfahan was intended to bring down an underground missile city—using 900‑kilogram bunker‑busting bombs.
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Cluseau Investments
Cluseau Investments@blondesnmoney·
There is bound to be a ground operation to "secure the strait" right?
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OSINTtechnical
OSINTtechnical@Osinttechnical·
Footage of an American MQ-9 Reaper destroying an Iranian truck-based Shahed attack drone launcher on the move.
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Bullseye Bob
Bullseye Bob@jaginger·
@bigdaddyhags @EsotericCD Is Luke in the pic too? I don't know what he looks like but there's some bench on there so I figured he might be
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Paul Haverty
Paul Haverty@bigdaddyhags·
@EsotericCD I wouldn't say he was there randomly, his son Luke is an assistant coach at UConn (and about to become the head coach at Boston College).
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Bullseye Bob รีทวีตแล้ว
Carryunwind
Carryunwind@carryunwind·
@AmitSegal Why did you wait a month before doing it if it was possible? Surely destroying ballistic missile launch facilities ia a top priority
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