Natural gas can be used for cars, airplanes, etc., which coal can't. (emphasis mine)
That's not entirely true. You can turn coal into natural gas, and a bunch of other things. It's expensive, smells horrible, and requires a significant amount of energy, but it can be done. https://en.wikipedia.org/wiki/...
Let me guess....this is something to do with the up-coming relaunch of the Nokia 3310?
Guess again. It's the second sentence in the summary: "Nokia's products including its Flexi Multiradio base stations". In the article it says the suit is against Nokia Oyj, and they aren't in the phone business any more. 10 seconds on Google will tell you that HMD Global owns the rights to Nokia mobile handsets, and is re-releasing the 3310.
but the real reason was purely financial.
Probably happened around the same time the unwashed masses started demanding free wifi. I never thought of it that way, but I can only assume that's why hotels resisted offering wifi for the longest time.
there's one more reason a person might comment as AC: they have already moderated the thread and don't want to remove their moderations.
Good call. I forgot about that one.
allowing for public outrage to ensue
There will be no outrage. There will be no hearings. There will be no condemnation. There will be no repercussions. Do you know why? Because having the name "Sidd Bikkannavar" sounds like he's brown. And the general public is scared of brown people because of Terrorism(TM). And we need to have more "National Security" to save us from the brown people.
Doing a quick search of his name, the 1st page of Google comes up with The Verge, Gizmodo, Mic, IBI Times, Mashable, and The Wrap carrying the story, and a link to his Facebook where he says he was detained. Notably missing from this list, CNN, Fox, MSNBC, NPR, etc. etc. It looks like the first one to print the article was The Verge, over 20 hours ago. If the "big guys" were going to make a stink about this they would have already.
Why do people think that having a recognizable user name makes them right?
Having a recognizable user name doesn't automatically make someone right. But having the ability to go back and view their comments in prior conversations sure makes it easier to gauge if their opinion is worth a shit or not. Unlike AC where all we can do is assume their opinion wasn't worthwhile enough for the owner put their name to it.
There are only 2 uses I've seen for AC: Trolls, and people who claim they can't comment under their name because their employer would recognize them (or some flavor of that).
Watch a few episodes of "How its made" about anything related to automobiles. There is nothing particularly difficult about anything the majority of these workers are doing. (I realize this is a TV show, and not a substitute for experience. But I did spend a few years as a test technician in an electronics contract manufacturer, so I have some first hand manufacturing/assembly experience that I assume translates.)
Assembly steps are made idiot proof, documented to a T, and each person has exactly 1 job they need to get good at. Everything has a jig: Put the jig in place, add the part, use the automated tool to fasten, send to the next station. All of the tests are automated: Plug the car in, follow the on-screen prompts. If any of these steps don't go as planned an assembly/test technician is called in to troubleshoot.
I'm not saying people that assemble things for a living are dumb. I'm saying that there are people who assemble things for a living that are dumb (just like every other occupation on earth). As a manufacturer you have to assume these people are on your line, so you build your process to accommodate the lowest common denominator. Make everything as idiot proof as possible, and have a few higher paid good people around to keep things moving.
Is GM only shipping 25k-50k units because of supply constraints or to not outpace demand? (honest question, I have no idea) But their overall capacity for light vehicles is WAY higher than that, 17.6 million units, according to their website. I understand that they can't just flip the switch and start churning out more vehicles, but it certainly seems like they could ramp up their supply if demand dictated.
I guess the point i'm trying to make is that, assuming Chevy is producing at the rate they are because of demand not supply, it wouldn't be that unreasonable for the Model 3 production to outpace the Bolt in a very short time period. That being said, your point definitely still stands. If I wanted a car sooner than later, I'd be betting on the Bolt, only because I could go buy one and drive it off the lot today.
America should take a stand here.
Sounds like we should send over some Freedom(tm)
it only affects the price by one or two ticks.
You're right, I don't know the intricacies of how it works, and I had to google what a tick was. But that comment right there proves my point. That comment basically means "It only affects the price by a little bit", considering the value of a tick is some fraction of dollar. According to a 30 second reading of this anyway: "For example, the E-mini S&P 500 futures contract has a designated tick size of $0.25 while gold futures have a tick size of $0.10." So you are agreeing that involving a HFT between an actual buyer and an actual seller has an effect on the price, it may not be much, but it has an effect.
In addition, those one or two HFT ticks can be down or the move can be up
I'm sure they can go up or down, but the HFTs wouldn't be operating if that tick movement wasn't in their favor the majority of the time. I'm no economics major, but I'm smart enough to figure out they wouldn't be doing it if they weren't making money.
HFT trading phenomenally enhances liquidity,
This is where I get fuzzy, it doesn't make sense to me. If I'm placing an order to buy, in order for the transaction to go through there has to be someone willing to sell within the range I'm wiling to buy. Adding an HFT to the mix can't magically create that person willing to sell for what I'm willing to pay. They aren't acting as a necessary middleman, they are just buying what I want to buy before I am able to do so, and selling it to me for "one or two ticks" more than I could have bought it from the seller to begin with.
So what I'm gathering from your comments, is that Peter Gibbons is pretty accurate in his description. "Well those are whole pennies, right? I'm just talking about fractions of a penny here. But we do it from a much bigger tray and we do it a couple a million times."
Since you brought up zoning... Some zoning laws don't allow hotels, motels, or a bed and breakfast to be operated in a residential zone. I'm not arguing for or against what NY is doing, I'm just making a point that these operations MAY be in violation of their local zoning laws.
I'm all for what Air BnB does, as long as the original intent is followed. If my neighbor wants to rent out his house while he's out of town, more power to him. I would start to object when a slumlord is buying up the houses in my neighborhood, pimping them out on a daily basis to whomever is passing through town, and not maintaining them.
I mean that is kind of the point of zoning laws, isn't it? If I don't want to live next to a motel (or smelter plant) I am pretty secure in knowing that one isn't going to be built next to my house 2 years after I buy it. And having a stable place to live, knowing who my neighbors are, knowing who I need to keep an eye on is part of the value of living in a residential neighborhood. I certainly don't have the ability to control who my neighbors are, but by choosing to live in a residential area I have a certain expectation that I won't have a new set of neighbors in the house next door every week.
HFT doesn't "suck profits away" from the "buy and hold" traders. The HFTs are making profits off of one or two ticks of movement, while the "buy & holders" are sitting-out movement of tens/hundreds of handles.
Did you intend to copy the script from Office Space while describing this process, or was that an accident? Because you did
In Nature there are neither rewards nor punishments, there are consequences. -- R.G. Ingersoll