• boethius
    2.3k
    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!
  • boethius
    2.3k
    Like I know @Benkei wants to bet against me, so what's he wagering? 5 florbose ... 6!!
  • boethius
    2.3k
    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
    2.3k
    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
    2.3k
    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
    2.3k
    @Benkei you taking me up on my wager?
  • Benkei
    7.7k
    I have no clue which company this is and not enough time to find out!
  • boethius
    2.3k
    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
    2.3k


    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.
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