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Chilean AF CAF911 Gulfstream 4 (ADS-B pulled wrong cap) up the carolina coastline
VENUS65 USAF G5 southwest-CAF 911 visible at top right-red circle
both are almost 500 kts
US Coast Guard VIP G5 C202 with three full fly-by's and dropped off at 550 ft on the fourth go around- at Utica, Ny- Grifiss Airport
Ingersoll Rand, Plc Chairman/CEO sold: $9.11m: Feb 20
Ingersoll-Rand plc specializes in designing, manufacturing, and marketing industrial and commercial equipment. Net sales break down by family of products and services as follows:
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air conditioning systems and services (78.8%): heating, ventilation and air conditioning systems, etc. (Trane and Thermo King brands). The group also provides temperature control equipment (refrigeration systems, controlled-temperature transportation equipment, etc.; American Standard and Trane brands);
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industrial technology equipment (21.2%): compressed air equipment (screw compressors, piston compressors, centrifuge compressors, air dryers, air filters, etc.; name Ingersoll Rand), golf carts (Club Car), utility vehicles, handling equipment, electrical generators, etc.
At the end of 2019, the group had 59 manufacturing plants worldwide.
The United States account for 66% of net sales- Number of employees : 50 000 people.
https://www.marketscreener.com/INGERSOLL-RAND-13109/company/
Michael W. Lamach was elected Chairman of the Board of Directors of Ingersoll Rand in June 2010, having previously been named Chief Executive Officer in February 2010 and President and Chief Operating Officer in February 2009. Mike joined Ingersoll Rand in February 2004 as president of the company's Security Technologies sector and became president of Trane Commercial Systems after the acquisition of that business in 2008. Prior to joining Ingersoll Rand, Mike was group vice president and managing director for the European, Asian, South African and South American businesses of Johnson Controls' Automotive Group. Before that, he served as vice president and general manager of the Controls Group, leading the company's integrated facilities management business. During his 17-year tenure with Johnson Controls, Mike also held positions in sales management, marketing and new product development. Mike received a bachelor’s degree in engineering from Michigan State University and a master’s degree in business administration from Duke University. He served on the Board of Directors of Iron Mountain Inc. for nine years and is now a director for PPG Industries.
https://company.ingersollrand.com/company/leadership/michael-lamach.html
https://www.finviz.com/insidertrading.ashx?oc=1279505&tc=7&b=2
'''Margin Calls and the effect of a dropping Equity Market
Some context of what can happen with drops on consecutive days. The system is so highly levered on Margin and paper products they cannot afford to have a market drop for 3 day's or moar. What comes in to play at about 2.5 days (this would be tomorrow about half-way in to the session) is the loss' associated with a margined account.
See here
What Is a Margin Call?
A margin call occurs when the value of an investor's margin account (that is, one that contains securities bought with borrowed money) falls below the broker's required amount. A margin call is the broker's demand that an investor deposit additional money or securities so that the account is brought up to the minimum value, known as the maintenance margin.
A margin call usually means that one or more of the securities held in the margin account has decreased in value below a certain point. The investor must either deposit more money in the account or sell some of the assets held in the account.
A margin call arises when an investor borrows money from a broker to make investments. When an investor uses margin to buy or sell securities, he pays for them using a combination of his own funds and borrowed money from a broker. An investor's equity in the investment is equal to the market value of securities minus borrowed funds from the broker.
A margin call is triggered when the investor's equity, as a percentage of the total market value of securities, falls below a certain percentage requirement, which is called the maintenance margin. The New York Stock Exchange (NYSE) and FINRA require investors to keep at least 25% of the total value of their securities as margin. Many brokerage firms may require a higher maintenance requirement—as much as 30% to 40%.
rest at link
https://www.investopedia.com/terms/m/margincall.asp
So the decision to make a margin call is based on how far your asset has fallen against the amount of borrowed money to acquire it. In the case of the big boi's they are over-extended and if the markets do not rebound by tomorrow-mid-session- they all have some very larger decisions to make. This is also a slippery slope as when a margin call is made it is additional pressure (selling) and starts a feedback loop. They also know that by doing this it will make it worse for themselves as for every margin call made someone will be doing it to them-at that level.
Maintenance Margin
What Is a Maintenance Margin?
A maintenance margin is the minimum amount of equity that must be maintained in a margin account. The New York Stock Exchange (NYSE) and FINRA require investors to keep at least 25% of the total value of their securities in a margin account. Although NYSE and FINRA require a 25% minimum, many brokerage firms may require a higher maintenance requirement—as much as 30% to 40%.
Maintenance margin is also called a minimum maintenance or maintenance requirement.
https://www.investopedia.com/terms/m/maintenancemargin.asp
Not trying to make a prediction about any of this. This a large part of the markets mechanical function and should be considered.
save this for nb. I'm scraping this one as Baker said they had issues. Save this response and ask next bred. I