Talk:Trading Places

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Contents 1 The End of the Film 2 Winthorpe Valentine 3 Plot summary too long 4 Spongebob 5 Money Clip

[edit] The End of the Film

I would be grateful if someone could explain the ending of the film. I am not familiar with the workings of the commodities market and I have been trying to figure out what happened for twenty years. --Feitclub 02:11, Dec 17, 2004 (UTC)

http://www.imdb.com/title/tt0086465/board/flat/4331603 it explains it here.

Ha. I did some research on my own and added an explanation on the main page without seeing the requests on the talk page. If you still find it confusing, let me know (give me a shout-out on my talk page). Jkatzen 10:02, 18 December 2005 (UTC)

The first bullet point in the explanation isn't true. You can short sell stock as well. Margins work differently, however.

Right, but "short-selling" a stock is in actuality a futures contract -- the name is deceptive, as shares aren't immediately sold by the "short-seller". Instead he agrees to sell shares in the future for the price on the current date. If the value goes down in the future, he could buy shares at the future (cheaper) time and then immediately sell them to his optioner for a profit. Jkatzen 02:39, 13 August 2006 (UTC)

Just a thought about the description of the ending. The article states that it isn't clear how much Valentine and Winthorp made, but doesn't mention the Dukes' statement after they are faced with the margin call. He responds with "You know perfectly well we haven't got 394 million dollars in cash!" I'm not sure if that helps or not, but it at least shows how much they lost. --joshua orvis 04:36, 21 October 2006 (UTC)

I'm still fuzzy about the end of the movie: Winthorp and Valentine start selling at $1.42, but what are they selling??? How do they have FCOJ to sell? I mean, the movie didn't show that they had ever bought any FCOJ, at least not until the price tanked after the report. So, I understand how the Dukes got ruined, but I don't understand how they made any money; they just bought a lot of OJ futures at a low price.24.168.65.131 00:31, 16 July 2007 (UTC)

You don't need to actually own the FCOJ at the time of sell; just so long as you own it by the time you and the buyer have agreed you will give it to them. Thanos6 02:29, 24 September 2007 (UTC)

More precisely, they are trading contracts (the underlying terms of the contracts are to deliver goods by a said date). In the interim before that expiration date, the contracts can be purchased and sold. In this instance, Winthorp and Valentine sold the contracts first and bought them back to close the transaction thereafter, in effect a short sale. Really no different than a normal transaction except the buy and sell actions are reversed The differential in price between the the two actions is their profit. The Dukes are on the other side of Winthorpe and Valentine's trade, buying the contracts first and being forced to close out their contracts at a depressed price.

Ok, now it makes sense to me. I guess it didn't occur to me that you could sell something you don't own yet, but you're right; as long as you have the oranges to me on the date we agreed to, it isn't really my concern when you got them. —Preceding unsigned comment added by 38.117.162.35 (talk) 21:24, 28 December 2007 (UTC)

---

I've just made some edits to the main page, with all respect to the original author/s.

A couple of typo's were corrected, and a few scenes which were out-of-place were corrected.

For instance, the scene where the Dukes explain to Valentine just what they do doesn't take place in the car, but at the office, and Winthorp attempts to shoot himself AFTER the bus ride.

I used as much of the original text as possible when making the changes. I also added one or two extra bits for flavour.

Gardener of Geda 13:21, 9 December 2006 (UTC)

[edit] Winthorpe Valentine

Why was the link to Winthorpe Valentine removed from the Trivia section? It's a working link, and it appears to be a legitimate site. Presumably its founders are fans of this film. —The preceding unsigned comment was added by 69.2.124.11 (talk • contribs) 00:13, 12 December 2006.

Because the linked website has no relevancy whatsoever to the topic of this article. --Ezeu 00:26, 12 December 2006 (UTC)

[edit] Plot summary too long

Do we really need a long form description of the entire move? I think a plot summary should be exactly that - a brief, general synopsys.

I agree. The synopsis was fine two or three months ago, but someone has gone in and done a "describe every scene in a blow-by-blow account of the film". I would suggest that the synopsis is reverted to what it was. Arthur Holland 13:12, 11 January 2007 (UTC)

[edit] Spongebob

The reference may be obvious, but shouldn't there be a citation anyway? It's not like figuring out the character 'Dark Claw' is a mix of Batman and Wolverine... Lots42 11:50, 16 November 2007 (UTC)

[edit] Money Clip

What about the money clip scene that was a total accident? Shouldn't that be in the trivia section? —Preceding unsigned comment added by 12.215.251.214 (talk) 12:20, 2 January 2008 (UTC)