Template:Sjs short squeeze: Difference between revisions

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Casts surer shade across the [[Chapter 11|purgatorial chapter]] <br>
Casts surer shade across the [[Chapter 11|purgatorial chapter]] <br>
Than e’er it might upon some distant hea’enly host. <br>
Than e’er it might upon some distant hea’enly host. <br>
’Twas the surest thing: its only way was down. <br>
The surest thing was up: its only way was down. <br>
{{script|Herculio}}: Oh? Did it not turn out so? <br>
{{script|Herculio}}: Oh? Did it not turn out so? <br>
{{script|Ser Jaramey}}: A noisome band of amateurs did twist its price. <br>
{{script|Ser Jaramey}}: A [[Reddit|noisome band of amateurs]] did twist its price. <br>
The instrument prescribed a path inopportune. <br>
That vapid instrument prescribed a path most inopportune. <br>
{{script|Herculio}}: Some sideways vol, perchance? <br>
{{script|Herculio}}: A sideways move, not down, perchance? <br>
{{script|Ser Jaramey}}: How might I wish! <br>
{{script|Ser Jaramey}}: How might I wish! <br>
{{script|Nuncle}}: It went to the moon. <br>
{{script|Nuncle}}: It went to the moon. <br>
{{script|Ser Jaramey}}: The land lies low, and presently ah moist, or damp or —<br>
{{script|Herculio}}: How fares thy mark-to-market now? <br>
{{Script|Herculio}}: At any rate submarine? Underwater?<br>
{{script|Ser Jaramey}}: Sadly low, and presently moist, or damp — <br>
{{Script|Ser Jaramey}}: Aye; more fathoms down than I can fathom. <br>
{{Script|Herculio}}: “Damp,” you say? I never heard a portfolio get wet! <br>
{{script|Nuncle}}: Yet ever’y other one is under water. <br>
{{script|Herculio}}: Now I catch the drift. How far deep is down? <br>
{{Script|Ser Jaramey}}: More fathoms than I can fathom. <br>
And now the one who wrote my swap hath taken ill, <br>
And now the one who wrote my swap hath taken ill, <br>
Though he be to the good and I am in the hole. <br>
Though he be to the good and I be in the hole. <br>
{{Script|Nuncle}}: His condition doth precede him.<br>
{{script|Herculio}}: Ill? What malady afflicts a man so thickly profited? <br>
{{Script|Ser Jaramey}}: My lance doth fetch aslant against the slipping sheen of [[Code]].<br>
{{Script|Ser Jaramey}}: His payments due to other banks <br>
O impermeable husk! Thou unfissur’d face!<br>  
In sum well ’cross the starry [[Threshold Amount - ISDA Provision|Threshold]], lie in [[arrears]]. <br>
Sans [[Grace period|grace]] or [[composition with creditors|composition]]; absent a cleansing [[force majeure]] <br>
He’s in default. I have him bang to rights.<br>
Herein, my dilemma: Do I close my book, as is my right <br>
And bear the funded pain of outward cashflow — <br>
Or hold my peace, keep powder dry and stay the course <br>
To expiry in earnest hope that, ’twixt now and then <br>
Vicissitude should salt away my losing marks? <br>
The latter course, of course, appeals, save this: <br>
I, by lights of our compact, must pay what is [[Confirmation - ISDA Provision|confirm]]’d <br>
While my oppugnant customer — the very one in breach<br>
Revels in churlish delinquency. It feels unjust. <br>
{{Script|Herculio}}: Canst thou not, with merry words <br>
Assuage this awkward detriment? <br>
A simple term, to wit: whilst man defaults <br>
He may not seek performance? <br>
{{Script|Ser Jaramey}}: Alas, that lance doth fetch aslant <br>
Upon the voiding sheen of [[Bankruptcy Code|code]].<br>  
No feint, nor jibe, nor fulsome thrust of cunning covenant <br>
No feint, nor jibe, nor fulsome thrust of cunning covenant <br>
Could drive a piton strong to hoist so smart a scheme <br>
Couldst adjourn our present debt short of its terminance<br>
To hold this debt. It falls away, a nul, a nought, a voided bowel.<br>
Such canny phrase wouldst fall away: <br>
Our claim demis’d.<br>
A null, a nought, a preference rudely voided.<br>
We are no more than had we ne’er raised an oath to make this cashflow whole.<br>
And thus, our right demis’d. No more <br>
{{Script|Nuncle}}: hold that thought. There’s something in ’t yet.<br>
Than had we ne’er inked it in the first place.<br>
{{Script|Ser Jaramey}}: ’Tis an empty supposition, Fool. Your riddles cannot make us whole.<br>
{{Script|Nuncle}}: Hold that thought. There’s something in ’t yet.<br>
{{Script|Nuncle}}: Empty is as empty does, Sirrah. One cannot pick an empty pocket. What a man doth not has cannot be stole.
Empty is as empty does, Sirrah. One cannot pick an empty pocket. <br>
What rights a man hath never had cannot be stole.<br>
{{Script|Ser Jaramey}}: ’Tis an empty supposition, Fool. <br>
Mere riddles cannot make us whole.<br>
{{Script|Nuncle}}: Hold on: if wholly the whole’s a hole <br>
Who’ll hold the whole hole holy? <br>
{{script|Ser Jaramey}}: Holy moly.

Revision as of 14:20, 15 May 2024

Herculio: How now, Ser Jez: how fares thy short?
Ser Jaramey: Squeezed.
Unwarily I trod the basest range
And sold there what I borrowed:
A common stock of dismal prospect.
Herculio: A manful punt for so scant a likely gain?
Ser Jaramey: Aye but, I thought, yet safe enough —
That laggard scrip, housed around in bricks and mortar,
Whose hawkery of pre-loved flickish playthings
Casts surer shade across the purgatorial chapter
Than e’er it might upon some distant hea’enly host.
The surest thing was up: its only way was down.
Herculio: Oh? Did it not turn out so?
Ser Jaramey: A noisome band of amateurs did twist its price.
That vapid instrument prescribed a path most inopportune.
Herculio: A sideways move, not down, perchance?
Ser Jaramey: How might I wish!
Nuncle: It went to the moon.
Herculio: How fares thy mark-to-market now?
Ser Jaramey: Sadly low, and presently moist, or damp —
Herculio: “Damp,” you say? I never heard a portfolio get wet!
Nuncle: Yet ever’y other one is under water.
Herculio: Now I catch the drift. How far deep is down?
Ser Jaramey: More fathoms than I can fathom.
And now the one who wrote my swap hath taken ill,
Though he be to the good and I be in the hole.
Herculio: Ill? What malady afflicts a man so thickly profited?
Ser Jaramey: His payments due to other banks
In sum well ’cross the starry Threshold, lie in arrears.
Sans grace or composition; absent a cleansing force majeure
He’s in default. I have him bang to rights.
Herein, my dilemma: Do I close my book, as is my right
And bear the funded pain of outward cashflow —
Or hold my peace, keep powder dry and stay the course
To expiry in earnest hope that, ’twixt now and then
Vicissitude should salt away my losing marks?
The latter course, of course, appeals, save this:
I, by lights of our compact, must pay what is confirm’d
While my oppugnant customer — the very one in breach
Revels in churlish delinquency. It feels unjust.
Herculio: Canst thou not, with merry words
Assuage this awkward detriment?
A simple term, to wit: whilst man defaults
He may not seek performance?
Ser Jaramey: Alas, that lance doth fetch aslant
Upon the voiding sheen of code.
No feint, nor jibe, nor fulsome thrust of cunning covenant
Couldst adjourn our present debt short of its terminance
Such canny phrase wouldst fall away:
A null, a nought, a preference rudely voided.
And thus, our right demis’d. No more
Than had we ne’er inked it in the first place.
Nuncle: Hold that thought. There’s something in ’t yet.
Empty is as empty does, Sirrah. One cannot pick an empty pocket.
What rights a man hath never had cannot be stole.
Ser Jaramey: ’Tis an empty supposition, Fool.
Mere riddles cannot make us whole.
Nuncle: Hold on: if wholly the whole’s a hole
Who’ll hold the whole hole holy?
Ser Jaramey: Holy moly.