Deluxerious

boethius November 19, 2024 at 13:51 1200 views 8 comments
Took down Deluxe Corporation (DLX) this morning.

1 billion market cap.

Just what philosophers do.

Of course, maybe not, we can't be certain, everything is and is not, so we'll see in 40 minutes when the market opens what reality really is. Place your bets!

Comments (8)

boethius November 19, 2024 at 13:55 #948639
Like I know @Benkei wants to bet against me, so what's he wagering? 5 florbose ... 6!!
boethius November 19, 2024 at 14:14 #948644
Well as for me, I'm pretty risk averse, so I'm only putting 3 florbose down that DLX doesn't trade when the New York Stock exchange opens in 15 minutes.
boethius November 19, 2024 at 14:43 #948654
Well I'm out 3 florbose, but the day is young.

Considering Deluxe Corporation doesn't even have a functioning website since 2 months, I'm pretty sure I'm right on this one. But we'll see.
boethius November 20, 2024 at 14:30 #948957
Ok I was a day off, DLX already - 5% in pre-trading.

The meltdown begins!

The Ponzi scheme can no longer support their share price and it's going to zero and then trading will stop after that, I guess the SEC and NASDAQ "let the market decide".

Putting all my florbose on the table this time, no holding back, all in.
boethius November 20, 2024 at 14:31 #948958
@Benkei you taking me up on my wager?
Benkei November 20, 2024 at 14:33 #948960
I have no clue which company this is and not enough time to find out!
boethius November 20, 2024 at 14:46 #948965
It's deluxe.com

Considering their website doesn't even work since the last 2 months, I'm pretty confident the Ponzi scheme is now imploding.
boethius November 20, 2024 at 14:52 #948969
Reply to Benkei

It's also the company my money laundering investigation ultimately led to, and so their not having working website I thought was totally normal (most companies involved in money laundering have defunct websites), but that was before I realized Deluxe.com represents a billion dollar market cap company listed on the Nasdaq, a fortune 1000 company and in the S&P 600.

... So I'm like ... what.