ISTM that anyone wanting to be an accelerationist would be well-served by also being a competent prepper. If “burn it to the ground” ever actually happens, it’s not likely to go well for LARPers.
Didn’t he?
It’s just that the stripe went from vertical to horizontal. It looks better in his eyes. He also claims Cuba (good luck with that!), Iceland, Haiti (well…), the Bahamas, Jamaica, Belice, a group of lumped together countries with no borders including, I think, El Salvador, Nicaragua, Honduras, Costa Rica… and then cut the rest of the continent off, long before the Panama Canal. Some stars are bigger than others (link to a 3’16" The Smiths video). That sure has a meaning too.
It was a statutory holiday in Canada, and as such, the TSX (Toronto Stock Exchange) would have been closed. How could anybody sell anything on the TSX when it was closed?
ETA: Unless there were shenanigans, of course, which is always a possibility with Trump.
This page will change dynamically, but the chart above shows that the share fell 11.8% yesterday on the trade done at tradegate, a broker that buys and sells foreign shares for German investors. There are markets to buy and sell shares when the main markets are closed, and those are even easier to manipulate than the big ones, like Toronto, because they are less liquid. I guess that is what happened there. Today the chart shows a rise of 1.8% so far. We’ll see what happens when Toronto opens. That is still a couple of hours away, right?
I am sorry I did not write down the volume traded yesterday in tradegate, I only see today’s volume, which is very small so far, but in Toronto on the 4th it was 84,99 Mio CAN$. We’ll see what the volume is today compared to four days ago, before this market manipulation. It is also traded in FINRA, several OTC markets, in London, LS Exchange, Düsseldorf… with varying liquidity and volumes. The more obscure, the easier to manipulate, I reckon.
ETA: Come to think of it, a statutory holiday in Canada but not in the US is the ideal moment for manipulation. What were you celebrating?
About nine hours, as I type this. Good explanation, thank you! Bitte! Gracias!
Labour Day, and it is also a statutory holiday in the US (where it is “Labor Day”). In both countries, the first Monday in September is always a holiday, creating a long weekend: Saturday, Sunday, and Monday. School, in Canada anyway, typically starts a new school year on the Tuesday following Labour Day.
You’re welcome, but I may be wrong. Perhaps there was no fraud, or it was a completely different fraud from what I imagine. I am not an expert in stock exchange malpractice.
But no fraud, with trump involvend? I’d be surprised.
PS:
Wrong on both counts Labo(u)r Day is the first of Mai, of course. Everywhere. And it goes back to en event in the USA, the Haymarket affair! How can you have two Labo(u)r Days?
To stay on the subject of Clusterfucker’s attack against Bombardier, just to state the obvious: he is lying. Bombardier already builds in the USA, buys their engines from US companies, and is highly integrated in the US market, both as buyer and as seller from parts and components. As the Handelsblatt writes (German, probably paywalled, translated with DeepL(dot)com)
Industry experts doubted that a sales ban could be legally enforced. Bombardier’s aircraft are certified by the US Federal Aviation Administration (FAA) and fall under the USMCA free trade agreement, which Trump helped negotiate during his first term in office.
US aviation analyst Richard Aboulafia also pointed out that most of the Canadian manufacturer’s private jets are fitted with US engines from Honeywell and GE Aerospace.
The aerospace industry is highly interconnected on a global scale and has so far been largely spared by Trump’s tariff policy. The US sector most recently recorded a trade surplus of 109.2 billion dollars.
Bombardier, a rival of the US manufacturer Gulfstream, already has a strong presence in the US, contrary to Trump’s allegations. The Montreal-based company employs 3,500 people there, works with 2,800 suppliers and operates several factories and service centres. Among other things, the wings for the flagship Global 8000 are manufactured in Texas, whilst a defence division is based in Kansas. Around half of the 5,100 Bombardier aircraft in service worldwide are located in the US.
Back in January, Trump had already threatened to revoke the certification of the Canadian company’s business jets and impose punitive tariffs of 50 per cent in order to force Canada to certify several Gulfstream models.
So watch for the share price of Gulfstream too, I guess. And Embraer, from Brazil, while we’re at it. I foresee turbulent times ahead, but I see no winning strategy if you are not an insider. Which, I guess, is now defined as somebody who has crawled deep inside his rectum.
I don’t know if it’s Bombardier’s direct competitors that will be affected the most. If Trump bans Bombardier from selling planes to U.S. companies, Canada will want to retaliate. That doesn’t mean they have to ban the same category of American aircraft in Canada. If they really want to get back at U.S., they could ban Canadian companies from buying from Boeing.
Boeing is the largest U.S. exporter by dollar value. If Trump is concerned with trade deficits, he should leave the aerospace sector alone.
And I say this is wrong. You should correct it. No cite, because this is the Pit and I am right anyway. Now back to the Clusterfuck.
Probably, but that is not what I was pointing at. If he manipulates the markets to favour Gulfstream (as it seems), then he will influence what happens with Embraer too, and this being a Brazilian company (remember Lula, who ousted his pal Bolsonaro and put him in jail, as he himself should have been?) he will be even more manipulative in the most negative way he is able to. I guess. I may be wrong there too, and this is not investment advice. But I will look for what happens in the aeronautical sector, where there is traditionally a lot of state intervention anyway. Because I like to watch him do stupid things and fail.
Hey, don’t blame me! I still miss May Day celebrations from my youth. I don’t know when they stopped, but I know why.
No cite? :gasp: I think I’m getting the vapours!
Back to the thread.
If Canada really wants to stick it to the felon, they can cease NORAD operations and cancel all US flag airlines from flying into our out of Canadian airspace. It’s not like the current loon-in-chief in the Oval Office is treating them like they’re America’s allies anyway.
Forget it @Pardel-Lux North American barbarians do not celebrate “El Dia del Trabajador”(Workers’ day), that would be tantamount to accepting that workers contribute something to society, they celebrate “Labour” day (“Work” day), work as a commodity they appreciate. the workers who do it? nah…
(I’m kidding but for the conservative/MAGA part of North America I think that’s basically true)