aceofspadeshq at gee mail.com
CBD:
cbd at cutjibnewsletter.com
Buck:
buck.throckmorton at protonmail.com
joe mannix:
mannix2024 at proton.me
MisHum:
petmorons at gee mail.com
J.J. Sefton:
sefton at cutjibnewsletter.com
Jen "The Genius" Psaki on the GameStop Short Squeeze: "We Have the first female Treasury Secretary"
That's completely nonresponsive to the question. So... you know absolutely nothing except Identity Politics beancounting and box-checking, huh?"Is the White House concerned about the stock market activity we’re seeing around GameStop and now some other stocks as well?" one reporter asked Psaki. "Have there been any conversations with the SEC about how to proceed?" "Well, I'm also happy to repeat that we have the first female Treasury secretary and a team that's surrounding her and often questions about markets," Psaki replied.Ameritrade has suspended trading for GameSpot (and AME, another stock in the short squeeze effort), because, while the Wall Street elite can bankrupt small investors by driving stock prices down, it is of course unfair, unamerican, and deeply subversive for small investors to bankrupt the Wall Street elite by driving prices up. See? It's just common conservative wisdom.
The Redditors have delivered their terms to the SEC 😂 pic.twitter.com/7wkB2Me09A
— Jordan Schachtel (@JordanSchachtel) January 27, 2021
A hedgefund looses billions whole random redditors pay for their families surgeries and save their dogs. I mean, come on, that's just great.
— Griffin - Live Protest News (@GriffinMalone6) January 27, 2021
SUPERCUT!
— Tom Elliott (@tomselliott) January 26, 2021
Jen Psaki (@jrpsaki) is going to “circle back” pic.twitter.com/uf5yAWmcYy
@KevinFarzad I know this GameStop stuff is funny, but you have to remember this is hurting real people who own multiple boats
I wouldn't worry about them too much. I'm sure China Mitch and Corporate Ken Doll John Thune are preparing a Bailout Package for the hedge funders as we speak. To save the economy, you understand. To protect you, you peons.
Comments
(Jump to bottom of comments)Posted by: Harry Paratestes at January 27, 2021 06:10 PM (UPoLF)
Posted by: Harry Paratestes at January 27, 2021 06:11 PM (UPoLF)
Posted by: Harry Paratestes at January 27, 2021 06:11 PM (UPoLF)
Posted by: garrett at January 27, 2021 06:11 PM (/cdHI)
Posted by: Hands at January 27, 2021 06:11 PM (786Ro)
Posted by: Harry Paratestes at January 27, 2021 06:11 PM (UPoLF)
Posted by: Christopher R Taylor at January 27, 2021 06:12 PM (KZzsI)
Posted by: Cthillary, dead but dreaming at January 27, 2021 06:12 PM (FWn1L)
Posted by: ace at January 27, 2021 06:12 PM (5+1A/)
Posted by: sock_rat_eez at January 27, 2021 06:13 PM (PpU3N)
Posted by: Jen Psocki at January 27, 2021 06:13 PM (W4eKo)
Posted by: AlaBAMA at January 27, 2021 06:13 PM (CYgrT)
Posted by: Harry Paratestes at January 27, 2021 06:11 PM
brave browser, settings, social media blocking, turn off 'allow twitter embedded tweets'
Posted by: Chuck C at January 27, 2021 06:13 PM (awtm/)
It's EXACTLY the response to the question. Because intersectionality and identitarianism. There are people who will truly believe Psaki's response is the way to fix financials.
Posted by: Hands at January 27, 2021 06:13 PM (786Ro)
I feel so much better now.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:14 PM (VnqPw)
Does anyone else read this as "sorry the Treasury Secretary is a woman and she needs someone to explain markets to her?"
Posted by: blaster at January 27, 2021 06:14 PM (ZfRYq)
Posted by: Hands at January 27, 2021 06:14 PM (786Ro)
Posted by: dantesed at January 27, 2021 06:14 PM (88xKn)
You can't sell what you don't actually own.
AND, you have to hold a stock for 24 hours.
Make it what it was intended for, a way to invest, not just a virtual Vegas.
Posted by: Romeo13 at January 27, 2021 06:14 PM (oHd/0)
Posted by: Bertram Cabot, Jr. at January 27, 2021 06:14 PM (63Dwl)
We also have the first zombie president.
Posted by: YIKES! at January 27, 2021 06:15 PM (t6XCL)
Posted by: garrett at January 27, 2021 06:15 PM (/cdHI)
Posted by: clutch cargo | with concentrated China Virus stain fighters at January 27, 2021 06:15 PM (L8ADy)
Posted by: Deplorable Jay Guevara at January 27, 2021 06:15 PM (VnqPw)
Posted by: Shooter McGavin at January 27, 2021 06:15 PM (4uSHG)
Posted by: Guy Mohawk at January 27, 2021 06:15 PM (r+sAi)
Posted by: dantesed at January 27, 2021 06:14 PM (88xKn)
Not to compare, but does anyone know if Sean Spicer inhales helium before he does his show on Newsmax?
Posted by: I am the Shadout Mapes, Salute The Marines at January 27, 2021 06:15 PM (PiwSw)
That is what happens when you don't have a binder of facts, or a brain.
Posted by: G'rump928(c) at January 27, 2021 06:15 PM (yQpMk)
Posted by: tcn in AK, Hail to the Thief at January 27, 2021 06:15 PM (okGHj)
No, you cannot afford to feed your kids after losing your job, but buck up, sugartits! We have our first female Treasury Secretary!
Oh, you had to hold your dad's funeral over a telephone? That sucks, but have you heard about what Kamala Harris has done?
Posted by: AlaBAMA at January 27, 2021 06:16 PM (CYgrT)
Posted by: 4 at January 27, 2021 06:16 PM (KnJdm)
These assholes literally naked shorted a stock to the point where there were more short positions then there were shares of the stock available to publicly trade, and people noticed that and said "hey, if I buy some shares, I basically set the price that they have to pay me to get the share to cover their margin with the broker," and the retail investors who discovered this are the problem?
Why aren't we investigating why none of the "geniuses" on wall street saw what was going on and did the same short squeeze play that some autists on reddit did? Doesn't that sound like there's some kind of massive industry wide collusion on our stock market? How did no one else notice other than some small time gamer YouTuber and his idiot internet friends who hang out on a blog for retards on the internet? Why aren't we demanding congressional investigations in to naked shorts, and other institutional investors not noticing it?
Posted by: Harry Paratestes at January 27, 2021 06:16 PM (UPoLF)
Posted by: Ben Had at January 27, 2021 06:16 PM (s2D1h)
Does anyone else read this as "sorry the Treasury Secretary is a woman and she needs someone to explain markets to her?"
Posted by: blaster at January 27, 2021 06:14 PM (ZfRYq)
Markets? Well only deplorable types buy in some markets. You know, like Walmart or Food for Less.
Not enough organic products there.
Posted by: Yeltsin at January 27, 2021 06:16 PM (oHd/0)
The only man more unhappy than a man with no boat is a man with two boats.
Posted by: Cthillary, dead but dreaming at January 27, 2021 06:16 PM (FWn1L)
"And she'll get right on this as soon as she comes back from shopping for shoes."
Posted by: Deplorable Jay Guevara at January 27, 2021 06:16 PM (VnqPw)
Posted by: Duke Lowell at January 27, 2021 06:16 PM (kTF2Z)
Posted by: 4 at January 27, 2021 06:17 PM (KnJdm)
Posted by: davidt at January 27, 2021 06:17 PM (l3+k2)
Posted by: garrett at January 27, 2021 06:17 PM (/cdHI)
The only man more unhappy than a man with no boat is a man with two boats.
Posted by: Cthillary, dead but dreaming at January 27, 2021 06:16 PM (FWn1L)
Has anyone yet found the man in the boat?
Posted by: Deplorable Jay Guevara at January 27, 2021 06:17 PM (VnqPw)
I held my nose and gag reflex and voted for McCain and Romney. The corporate establishment returned that favor by getting rid of Trump.
The roof, the roof, the roof is on fire
We don't need no water, let the motherfucker burn
Burn motherfucker, burn
Posted by: Chuck C at January 27, 2021 06:17 PM (awtm/)
Best thing they could ask her for sure.
Posted by: thathalfrican - The One at January 27, 2021 06:17 PM (a8b7P)
Posted by: Romeo13 at January 27, 2021 06:14 PM (oHd/0)
Remove computers from the equation and you'll solve most of it. They've proven the dangers again and again, but nobody seems to want to do anything about coordinated, instantaneous trading on a massive scale. Bring back the trading floor.
Posted by: clutch cargo | with concentrated China Virus stain fighters at January 27, 2021 06:17 PM (L8ADy)
Posted by: Shooter McGavin at January 27, 2021 06:17 PM (4uSHG)
Posted by: Rose at January 27, 2021 06:17 PM (f/Wek)
Hmm, wonder what happened?
Posted by: Wyatt Earp - Biden Cheated at January 27, 2021 06:17 PM (qoNQ/)
Posted by: blaster at January 27, 2021 06:17 PM (ZfRYq)
I love it all SO MUCH
and hopefully next the Amazing Autists will head over to see what's been going on with silver prices ...
Posted by: BlackOrchid at January 27, 2021 06:18 PM (j9HX3)
Posted by: lin-duh 27-4 at January 27, 2021 06:18 PM (UUBmN)
Posted by: Notorious BFD at January 27, 2021 06:18 PM (W4eKo)
Or alternatively..
BUT TRUMP'S TWEETS!!!!
--
Johna Goldberg, Author, Liberal Fascism.
Posted by: Thomas Bender at January 27, 2021 06:18 PM (fGzVz)
Psaki: Best I can do is show you Yellen's vaj.
Posted by: motionview at January 27, 2021 06:19 PM (pYQR/)
Posted by: Guy Mohawk at January 27, 2021 06:19 PM (r+sAi)
Posted by: BlackOrchid at January 27, 2021 06:19 PM (j9HX3)
Posted by: Duke Lowell at January 27, 2021 06:19 PM (kTF2Z)
Posted by: x4 at January 27, 2021 06:19 PM (0tE/i)
Posted by: aelfheld at January 27, 2021 06:19 PM (Zy9Yy)
Posted by: Ben Had at January 27, 2021 06:19 PM (s2D1h)
"Have there been any conversations with the President about how to proceed?"
"Well, I'm also happy to repeat that we have the oldest President ever and a team that's surrounding him and often questions about markets," Psaki replied.
Posted by: Cthillary, dead but dreaming at January 27, 2021 06:19 PM (FWn1L)
Soviet Memo, 1957
Posted by: AlaBAMA at January 27, 2021 06:13 PM (CYgrT)
Yup.
Posted by: Twitter, Facebook, Amazon, Apple, Progda, and Democrats except Tulsi Gabbard at January 27, 2021 06:19 PM (sy5kK)
Fuck Wall Street, I hope this whole debacle is Lehman Bros 2.0.
Posted by: Blago at January 27, 2021 06:19 PM (gkdnV)
Posted by: lin-duh 27-4
Zero redeeming qualities, dumpy body, too pale. And this from a guy who would bang literally any woman... except Dunham. Even I have standards.
Posted by: Wyatt Earp - Biden Cheated at January 27, 2021 06:19 PM (qoNQ/)
Posted by: blaster at January 27, 2021 06:17 PM (ZfRYq)
You're kidding us, right?
Posted by: dantesed at January 27, 2021 06:20 PM (88xKn)
*touches nose*
We're not speaking the same language any longer, and reason has no bearing to these people.
I think back to the Desert Storm days when SNL had a spoof where President Bush responded to Saddam Hussein, but instead of using usual politician western speech, it was something out of the Bible, all flowery and full of metaphors and weighty symbolism. Hussein's response was respect and admiration. It was funny and illustrative.
You cannot speak to these people as if they are sane, rational, and understand basic rhetoric. They have their own language and system of communciation now, and their presumptions are entirely different from ours.
Two trains passing in the night, perfectly parallel. Never will meet, unless something collides.
Posted by: Christopher R Taylor at January 27, 2021 06:20 PM (KZzsI)
ha! it's been a generation since that's been an issue for Yellen
Posted by: BlackOrchid at January 27, 2021 06:20 PM (j9HX3)
Posted by: Mr Aspirin Factory at January 27, 2021 06:20 PM (hozza)
"Why are you sad, sweetie?" I asked.
"I not sad Mommy! I am happy happy happy there's a lady Treasury Secretary!"
Then I too cried tears of joy.
-- Random thought leader on Twitter
Posted by: Hands at January 27, 2021 06:20 PM (786Ro)
Posted by: clutch cargo | with concentrated China Virus stain fighters at January 27, 2021 06:20 PM (L8ADy)
"Sure we brief her. Jen, today is Wednesday. Now that you've been briefed, get out there and shook your boobs at the reporters."
Posted by: Deplorable Jay Guevara at January 27, 2021 06:20 PM (VnqPw)
Posted by: Eromero at January 27, 2021 06:20 PM (em79L)
Posted by: clutch cargo | with concentrated China Virus stain fighters at January 27, 2021 06:17 PM (L8ADy)
No, this goes a lot deeper than that.
This certainly looks like there is a concerted effort by institutional investors to not only steal money from the middle class and our 401(k)s and IRAs in "safe investments", but our retail accounts. Oh, AND it certainly looks like wall street was YOLO'ing it all on red at the roulette table to put a business that employs tens of thousands of people out of business. Oh, and it looks like everyone else on wall street had to know this was happening and none of them did the logical step of buying up shares to make a quick profit on these ridiculous naked shorts. Looks like a massive conspiracy to defraud literally EVERYONE, and no one is even talking about that?
Or is every institutional investor and all of our brightest minds so stupid that they couldn't notice what was happening?
Posted by: Harry Paratestes at January 27, 2021 06:20 PM (UPoLF)
Posted by: Buzzsaw90 at January 27, 2021 06:20 PM (YboWf)
Posted by: Swingin' for the downs at January 27, 2021 06:20 PM (VbCZe)
You can't sell what you don't actually own.
Nope. That won't fix shit. Oh, and you're working under the false assumption that the stock market is broken.
Short selling is perfectly fine, and normal retail investors do it all the time.
The object is to buy low and sell high. Nobody says you have to do it in that order, though.
Posted by: The Dude at January 27, 2021 06:20 PM (4VafR)
not intended as an insult(she is a ginger after all) but if you sharpen her nose a little and shave the head,she looks exactly like a non-player character...
Posted by: uncouth jay marks at January 27, 2021 06:21 PM (9SGBP)
Posted by: Cthillary, dead but dreaming at January 27, 2021 06:21 PM (FWn1L)
Posted by: exdem13 at January 27, 2021 06:21 PM (W+kMI)
Posted by: Guy Mohawk at January 27, 2021 06:21 PM (r+sAi)
Best part IMO?
Remember #GamersGate? When the online nerds got fed up with Woke Culture?
These are the same folks. They were shorting a computer Gaming company that a LOT of us have patronized.
Posted by: Romeo13 at January 27, 2021 06:21 PM (oHd/0)
As if! It's not like they're going to ask her anything hard...
Posted by: Clueless at the WH at January 27, 2021 06:21 PM (Zmnko)
I am woman, Hear me roar!
My tits are to big to ignore!
And no one's ever gonna dry hump me again!
Posted by: Duke Lowell at January 27, 2021 06:21 PM (kTF2Z)
Posted by: Diogenes at January 27, 2021 06:21 PM (axyOa)
That was February 13.
Posted by: blaster at January 27, 2021 06:22 PM (ZfRYq)
True. Her and Harf could've done the lezbo show at bachelor parties.
Posted by: Shooter McGavin at January 27, 2021 06:22 PM (4uSHG)
Posted by: DFCtomm at January 27, 2021 06:22 PM (50gG9)
Doesn't this shit happen in games all the time?
Hordes form and just obliterate entire Guilds and such?
Posted by: garrett at January 27, 2021 06:22 PM (/cdHI)
Posted by: Wyatt Earp - Biden Cheated at January 27, 2021 06:22 PM (qoNQ/)
-- Reddit, a ble$$ing of liberty
Posted by: Hands at January 27, 2021 06:23 PM (786Ro)
The Establishment is about to suffer death by a thousand cuts. The SEC probably will start to allow only Special People to sell short after they receive a license based on how much they donated to certain political whores.
Meanwhile, Jerone Powell said the most important thing to do for the economy is to be vaccinated. He really meant pay more taxes so they can be used to subsidize Special People corporations, but it was a nice sentiment.
Posted by: Trump poisoned my cat at January 27, 2021 06:23 PM (puu6v)
what these redditors have done is JUSTICE
on so many levels
the thing is its like the vote stealing and the influence peddling - being on the Left or in the Right Group has afforded just SO MUCH LEEWAY for SO LONG
... they are lazy and ripe for the picking
time for anons to GOOOOOOOO
Posted by: BlackOrchid at January 27, 2021 06:23 PM (j9HX3)
"Why are you sad, sweetie?" I asked.
"I'm sad because the debt yield curve is now inverted, Mommy!"
(Stuff liberals improbably attribute to their tykes.)
Posted by: Deplorable Jay Guevara at January 27, 2021 06:23 PM (VnqPw)
Make it a year, and then you'll have something.
This PissCocky chick don't press conference too good, do she?
Posted by: Rodrigo Borgia at January 27, 2021 06:23 PM (I8SZs)
Posted by: blaster at January 27, 2021 06:14 PM (ZfRYq)
=====
Exactly how I read it, so I guess that makes me sexist, probably.
Posted by: Swingin' for the downs at January 27, 2021 06:23 PM (VbCZe)
Posted by: Ben Had at January 27, 2021 06:23 PM (s2D1h)
Posted by: motionview at January 27, 2021 06:23 PM (pYQR/)
That was January 25
Posted by: blaster at January 27, 2021 06:23 PM (ZfRYq)
I love it all SO MUCH
and hopefully next the Amazing Autists will head over to see what's been going on with silver prices ...
Posted by: BlackOrchid at January 27, 2021 06:18 PM (j9HX3)
A part of me is a bit annoyed I didn't get in on it. Not because I think I'll make money -- most of the redditors involved will definitely get screwed at the end of the day. But because they were right, this is bigger then making money. This is about exposing the absolutely ridiculous amount of corruption in every institution in this country.
The frustrating part is that far too many people are buying the lame and nonsensical CNBC / Fox Business bullshit spin on this that somehow the redditors are at fault.
Posted by: Harry Paratestes at January 27, 2021 06:24 PM (UPoLF)
Sure, they hated Trump but I'm guessing they ain't gonna like Biden any better.
Sub 40 approval rating come Spring.
Posted by: AlaBAMA at January 27, 2021 06:24 PM (i9ZF7)
Posted by: creeper at January 27, 2021 06:24 PM (XxJt1)
I look at Psaki and think that woman could look 100% hotter, but has decided to look dreadful.
I guess not washing your hair occasionally is some sort of tribal recognition thing.
Posted by: Pennsylvania Conservative at January 27, 2021 06:24 PM (N/gDA)
And the 70-somethings in the Senate will not be around to protect you forever.
And also: Go fuck yourselves to death.
==
huh....
Posted by: runner at January 27, 2021 06:24 PM (zr5Kq)
*Picturing Wyatt Earp with Lena Dunham like the scene in Get Shorty where Gene Hackman is "seduced" by Bette Midler. "Oh what the hell"
Posted by: Christopher R Taylor at January 27, 2021 06:24 PM (KZzsI)
Posted by: exdem13 at January 27, 2021 06:24 PM (W+kMI)
Posted by: Chuck C at January 27, 2021 06:13 PM (awtm/)
Oh you are THE BEST! Thank you!
Posted by: Tami at January 27, 2021 06:24 PM (cF8AT)
Posted by: Duke Lowell at January 27, 2021 06:19 PM (kTF2Z)
The trading floors will look like a crime scene?
Posted by: 4 at January 27, 2021 06:24 PM (KnJdm)
Posted by: blaster at January 27, 2021 06:24 PM (ZfRYq)
Make it a year, and then you'll have something.
Are you aware that, owing to computer trading, many positions are now held for ... microseconds? (Literally.)
Posted by: Deplorable Jay Guevara at January 27, 2021 06:24 PM (VnqPw)
Posted by: dagny, first of her name at January 27, 2021 06:24 PM (ySQBZ)
Remember the dumbasses in the media falling for "the first female press secretary" nonsense after the stolen election. Completely ignoring Trump's press secretaries? Good times.
Posted by: Wyatt Earp - Biden Cheated at January 27, 2021 06:24 PM (qoNQ/)
The object is to buy low and sell high. Nobody says you have to do it in that order, though.
Posted by: The Dude at January 27, 2021 06:20 PM (4VafR)
Yep. The crime is them now wanting to use their bought and paid for regulators to get out of this jam.
Posted by: G'rump928(c) at January 27, 2021 06:24 PM (yQpMk)
Posted by: Trump poisoned my cat at January 27, 2021 06:23 PM
It was the "Special People" who were short. The redditors are long on Gamestop.
Posted by: Chuck C at January 27, 2021 06:25 PM (awtm/)
Posted by: Anna Puma at January 27, 2021 06:25 PM (ZsQg+)
Posted by: Stu Podaso at January 27, 2021 06:25 PM (5gbPW)
That was the case in my bedroom long before computer trading was fashionable.
Posted by: garrett at January 27, 2021 06:25 PM (/cdHI)
Posted by: Hoosier Daddy at January 27, 2021 06:25 PM (h2068)
Posted by: Christopher R Taylor
I mean, mistakes were made...
Posted by: Wyatt Earp - Biden Cheated at January 27, 2021 06:25 PM (qoNQ/)
Posted by: Duke Lowell at January 27, 2021 06:19 PM (kTF2Z)
Like the commies are invading?
Posted by: 4 at January 27, 2021 06:25 PM (KnJdm)
Posted by: Cthillary, dead but dreaming at January 27, 2021 06:25 PM (FWn1L)
Maybe I'm reading too much into it, but Biden May have already lost 'the people'.
He never had the people.
Posted by: Christopher R Taylor at January 27, 2021 06:26 PM (KZzsI)
Posted by: DFCtomm at January 27, 2021 06:26 PM (50gG9)
Posted by: blaster at January 27, 2021 06:14 PM (ZfRYq)
Exactly how I read it, so I guess that makes me sexist, probably.
Posted by: Swingin' for the downs at January 27, 2021 06:23 PM (VbCZe)
Any other answer would have been mansplaining.
Posted by: Romeo13 at January 27, 2021 06:26 PM (oHd/0)
It's not that I don't applaud what they're doing. If you want to get a taste of what these assholes on Wall Street are like, start by reading Liar's Poker. Next, watch Wolf of Wall Street. Finally, watch one of a number of long form true crime docs on Jeffrey Epstein to get a taste of what these people do with their money.
Posted by: Trich at January 27, 2021 06:26 PM (7wCmd)
The stock market is a much better measure of how the middle class is doing, as profitable companies employ people and their pension and investment funds hold stock in those companies.
The fact that a few people manipulate a few stocks (or that Nancy Pelosi buys a million dollars worth of Tesla just before Biden announces the federal fleet is switching to electric cars) doesn't disprove that.
Posted by: Fischer at January 27, 2021 06:26 PM (yaQnX)
Posted by: Comrade Anachronda, behind the Newsom curtain at January 27, 2021 06:26 PM (sGtp+)
Posted by: Emmie at January 27, 2021 06:26 PM (ofYez)
Katie Pavlich just recommended the documentary
Not Evil Just Wrong: The True Cost of Global Warming Hysteria. Went to Amazon to order it and it was there 5 seconds ago. Now you can't order it. Wonder if they pulled it.
Posted by: redridinghood at January 27, 2021 06:01 PM
Interested, so I tried to find it. Not only is it unavailable at Amazon, but search results showed one for sale on Ebay. I clicked over and that listing has been "removed", not sold. Looks like our overlords are serious about this one being disappeared.
Posted by: one of the quiet ones at January 27, 2021 06:27 PM (2k7BX)
Posted by: Duke Lowell at January 27, 2021 06:19 PM (kTF2Z)
Shark Week on CNBC?
Posted by: 4 at January 27, 2021 06:27 PM (KnJdm)
Slightly reminiscent of The Big Short when Goldman Sacks of Shit simply refused to honor their commitments until they could figure out how to pass off their under-water positions to some other losers.
Posted by: motionview at January 27, 2021 06:27 PM (pYQR/)
that hav boats stowed aboard.
Posted by: confederatefifth at January 27, 2021 06:27 PM (4Jold)
Posted by: Skip at January 27, 2021 06:27 PM (Cxk7w)
Agreed. Redheads FTW. Karen Gillan, Alexandra Breckenridge, Vica Kerekes (look her up). All fabulous.
Posted by: Wyatt Earp - Biden Cheated at January 27, 2021 06:27 PM (qoNQ/)
Posted by: Buzzsaw90 at January 27, 2021 06:20 PM (YboWf)
---
Meet the New Boss.
Same as the Old Boss.
Posted by: Who? at January 27, 2021 06:27 PM (sy5kK)
"Go Fuck Yourself To Death" applies to all the so-called "elites" where ever you find them.
More please.
Posted by: Hairyback Guy at January 27, 2021 06:27 PM (R/m4+)
Posted by: Swingin' for the downs at January 27, 2021 06:20 PM (VbCZe)
Tell the boys to learn to lisp and sashay. It's their only hope.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:27 PM (VnqPw)
Posted by: Duke Lowell at January 27, 2021 06:19 PM (kTF2Z)
Red Sky at Morning, Day-Traders Take Warning?
Posted by: 4 at January 27, 2021 06:27 PM (KnJdm)
Posted by: sniffybigtoe at January 27, 2021 06:27 PM (Ti1eN)
Posted by: garrett at January 27, 2021 06:27 PM (/cdHI)
Posted by: dagny, first of her name at January 27, 2021 06:24 PM (ySQBZ
--------
That's pretty harsh. What did they do wrong?
Posted by: Duke Lowell at January 27, 2021 06:28 PM (kTF2Z)
Posted by: confederatefifth at January 27, 2021 06:28 PM (4Jold)
Posted by: Bertram Cabot, Jr. at January 27, 2021 06:28 PM (63Dwl)
Posted by: mallfly the Peach of Hoboken at January 27, 2021 06:28 PM (4a9Vv)
No shit?
That's the objective in slave trading too. But somehow we decided that was evil and don't legally allow people to do it anymore.
Posted by: Rodrigo Borgia at January 27, 2021 06:28 PM (I8SZs)
"They realized that someone would have to buy 140% of what was available and the implication of what would happen if they owned that thing and said "Nah."
That's called smart."
https://tinyurl.com/y2qp82hk
It really and truly does come down to the fact that Our Super Duper Elitey Elites cannot deal with the fact that The Poors can do basic arithmetic.
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:28 PM (GbPPJ)
Posted by: Duke Lowell at January 27, 2021 06:19 PM (kTF2Z)
The Red Robber Barons.
Posted by: 4 at January 27, 2021 06:28 PM (KnJdm)
Posted by: Trump poisoned my cat at January 27, 2021 06:28 PM (puu6v)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:28 PM (Zm+LZ)
So I work in a Federal Military Building and we got the memo that we also now have to stop breathing inside...I mostly kept my head down in my cubicle, but it is getting uncomfortable...AND AND AND I hear we will soon have to stop using male and female pronouns???? I asked someone today if "Cupcake", "Buttercup", and "Schmuckatelli" are non specific enough?
Posted by: Nevergiveup at January 27, 2021 06:28 PM (OVEfo)
Which is true, the stock market isn't a good measure of how anything is doing any more. But I'm pretty sure these "questions" by the press are carefully vetted by the white house before going out. OK you can ask this, I'll have an answer for you...
Posted by: Christopher R Taylor at January 27, 2021 06:28 PM (KZzsI)
Posted by: motionview at January 27, 2021 06:27 PM (pYQR/)
Which was the most blatantly illegal move one could imagine. GS should've been prosecuted up the wazoo for that.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:29 PM (VnqPw)
Posted by: Nevergiveup at January 27, 2021 06:29 PM (OVEfo)
Part of the game being played by the Biden Handlers here is intentionally not telling Psaki very much about anything. That way she has plausible deniability (not intentionally lying to the media, if someone on her staff tattles on her); also she cannot inadvertently reveal a secret if she hasn't been let in on the secret.
Everything in DC is a game rigged against the average citizen.
Posted by: Gref at January 27, 2021 06:29 PM (AMIL/)
Posted by: BluesFish at January 27, 2021 06:29 PM (WQZ1O)
Yeah, me too. I was going to circle back for the gatling guns right after we visited Little Bighorn.
Posted by: General Custer at January 27, 2021 06:29 PM (cCxiu)
Posted by: g
in fairness it does seem right that when she has a tough request she runs to her safe space
her back
Posted by: confederatefifth at January 27, 2021 06:29 PM (4Jold)
Posted by: Yo! at January 27, 2021 06:29 PM (r4bSV)
Posted by: Ken Kanniff at January 27, 2021 06:29 PM (LVRB9)
Posted by: Braenyard, Patriot dog at January 27, 2021 06:29 PM (nhBb/)
Posted by: dagny, first of her name at January 27, 2021 06:24 PM (ySQBZ
--------
That's pretty harsh. What did they do wrong?
Posted by: Duke Lowell at January 27, 2021 06:28 PM (kTF2Z)
Apparently invited Cannibal Bob over for dinner.
Posted by: 4 at January 27, 2021 06:30 PM (KnJdm)
No. At least not on the new HP.
In that vein, I've loaded Brave on both the tablet and the desktop. It runs rock solid on the desktop but crawls on the tablet.
Posted by: creeper at January 27, 2021 06:30 PM (XxJt1)
WH press corps and the audience at Family Feud: Good answer! Whhoot hoot!
Posted by: motionview at January 27, 2021 06:30 PM (pYQR/)
Elon Musk had thrown in with the redditors.
shhhhhh !!!!
Posted by: runner at January 27, 2021 06:30 PM (zr5Kq)
I guess they're going to have to circle back on that one.
https://bit.ly/3a8oTDU
Posted by: bonhomme at January 27, 2021 06:30 PM (UW2ZS)
"They realized that someone would have to buy 140% of what was available and the implication of what would happen if they owned that thing and said "Nah."
That's called smart."
https://tinyurl.com/y2qp82hk
It really and truly does come down to the fact that Our Super Duper Elitey Elites cannot deal with the fact that The Poors can do basic arithmetic.
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:28 PM (GbPPJ)
This is similar to what Soros did to break the British pound. It happens from time to time and people shouldn't be getting their panties in a twist over normal people doing it.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:30 PM (Zm+LZ)
Posted by: The Dude at January 27, 2021 06:20 PM (4VafR)
That's not what happened. Hedge funds are naked shorting, something none of us can do. They're basically going to a brokerage, saying "hey, can you loan me 100,000 shares that are owned by someone else for a nominal interest rate?" and the brokerages are saying "sure." Then they take those shares that they don't own and haven't paid for and they sell them on the open market. That drives the price down. Then their analysts go on CNBC and talk shit about the stock. Then the hosts on CNBC say "wall street is very nervous about this stock, they say it's a sell," then normal people get nervous and sell their shares. Oh, and the funds that control our 401(k)s do too. Then the stock plummets to worthlessness, and the hedge funds buy the stock for pennies on the dollar and give those shares back to the brokerage.
Except this time, they went so far as to short more stocks then were available on the market. Which would work if everyone panic sold. (they could buy the same shares multiple times). But instead, redditors bought the shares and refused to sell them.
Posted by: Harry Paratestes at January 27, 2021 06:30 PM (UPoLF)
Posted by: Bicentennialguy at January 27, 2021 06:30 PM (iydjf)
Judging from some of the horrific trannies I've seen, just a bad wig and a muumuu is enough.
Posted by: Rodrigo Borgia at January 27, 2021 06:30 PM (I8SZs)
Posted by: Dominion Polling Company at January 27, 2021 06:30 PM (r+sAi)
Posted by: Diogenes at January 27, 2021 06:30 PM (axyOa)
Posted by: Hmmm at January 27, 2021 06:30 PM (F/WK5)
Ooooh, stop. Stop it! You're making my head hurt. Also, I'm being repressed!
Posted by: pep at January 27, 2021 06:30 PM (v16oJ)
158 Someone at Bannon's Wearhouse said that
Elon Musk had thrown in with the redditors.
Posted by: Braenyard, Patriot dog at January 27, 2021 06:29 PM (nhBb/)
He did. One day that guy is gonna be President. All the cool kids love him because he tokes the devils lettuce.
Posted by: AlaBAMA at January 27, 2021 06:31 PM (i9ZF7)
Try "honey buns", broads love that one.
Posted by: Christopher R Taylor at January 27, 2021 06:31 PM (KZzsI)
Posted by: sniffybigtoe at January 27, 2021 06:27 PM (Ti1eN)
I disagree. Hedge funds, like specialists on the NYSE, provide liquidity for some otherwise illiquid financial instruments.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:31 PM (VnqPw)
Posted by: Duke Lowell at January 27, 2021 06:28 PM (kTF2Z)
Pretty sure black and Hispanic guys can cook? No?
Posted by: dagny, first of her name at January 27, 2021 06:31 PM (ySQBZ)
Posted by: mallfly the Peach of Hoboken at January 27, 2021 06:28 PM (4a9Vv)
At this point, why not a have a guy in a fucking ski mask using a voice modulator?
Posted by: Mr Aspirin Factory at January 27, 2021 06:31 PM (hozza)
Posted by: Eeyore at January 27, 2021 06:31 PM (7X3UV)
I would like a weekly report on how much foreign money is invested per stock.
For the simple reason that Government policies about retirement plans pretty much FORCE all you retirement to be invested in the market.
Posted by: Romeo13 at January 27, 2021 06:31 PM (oHd/0)
Beyond the heat death of the sun
Posted by: Christopher R Taylor at January 27, 2021 06:31 PM (KZzsI)
Posted by: whig at January 27, 2021 06:32 PM (pO7gM)
If you like your Cream of Wheat with Tapatio in it.
Posted by: garrett at January 27, 2021 06:32 PM (/cdHI)
Posted by: ALH at January 27, 2021 06:32 PM (WSGpY)
Wow.
Watching this afternoon's Bannon, and Mike Lyndell is being mercilessly attacked, his company, his addiction recovery network, and personally as well. Retailers who carry his products are canceling orders. And his addiction recovery network, which uses learning the power of God as it's centerpiece and he donates millions of his own money but doesn't charge anyone a nickel, is being mobbed by the Progda tools.
For the extreme act of being involved in a presidential election as a citizen.
It's only going to get worse.
Posted by: LeftCoast Dawg at January 27, 2021 06:32 PM (sy5kK)
HOLD.
DIAMOND HANDS!!!
Can't Stop - Won't Stop - GameStop
Posted by: Ken Kanniff at January 27, 2021 06:29 PM (LVRB9)
This is the way.
Posted by: Harry Paratestes at January 27, 2021 06:32 PM (UPoLF)
*nods and smiles*
Posted by: Christopher R Taylor at January 27, 2021 06:32 PM (KZzsI)
Posted by: Nevergiveup at January 27, 2021 06:29 PM (OVEfo)
-----------
I'm not entirely sure, but I think a tranny was in their store wearing shorts.
Posted by: Duke Lowell at January 27, 2021 06:32 PM (kTF2Z)
Posted by: Romeo13 at January 27, 2021 06:14 PM (oHd/0)
It became a virtual Vegas 10 milliseconds after it was created.
Posted by: DFCtomm at January 27, 2021 06:32 PM (50gG9)
Posted by: FenelonSpoke at January 27, 2021 06:32 PM (VP4Cd)
Posted by: Eeyore
I mean, at least try to put on makeup, FFS.
Posted by: Wyatt Earp - Biden Cheated at January 27, 2021 06:32 PM (qoNQ/)
Posted by: iandeal at January 27, 2021 06:32 PM (vgGyZ)
163 Posobiec says the geniuses at Biden's White House don't even understand what happened with the GameStop trading situation. They reached out to Jeff Sprecher to ask him to explain it to them, but they didn't understand the explanation.
This is ... wow. THAT SHIT IS FUNNY!
Posted by: BlackOrchid at January 27, 2021 06:32 PM (j9HX3)
Best part IMO? Remember #GamersGate? When the online nerds got fed up with Woke Culture?
These are the same folks. They were shorting a computer Gaming company that a LOT of us have patronized.
---------
#Gamergate, 2016 Ghostbusters, and Kathleen Kennedy got the nerds aware, angry, and on the warpath. There are many ways of combatting the Blue Bubble oligarchs...
Posted by: exdem13 at January 27, 2021 06:33 PM (W+kMI)
I'm gonna take some heat, but I think Jen is pretty good looking. Of course, I've been in lockdown for almost a year, and I'm starting to look admiringly at the dog.
Posted by: pep at January 27, 2021 06:33 PM (v16oJ)
Posted by: Anal Otter at January 27, 2021 06:33 PM (sGtp+)
Posted by: Ben Had at January 27, 2021 06:33 PM (s2D1h)
Posted by: Jen Psaki at January 27, 2021 06:33 PM (+oR7L)
Posted by: ALH at January 27, 2021 06:32 PM (WSGpY)
My comment at 165 sums it up pretty well I think. Plus ace's post from earlier today
Posted by: Harry Paratestes at January 27, 2021 06:33 PM (UPoLF)
Posted by: BurtTC at January 27, 2021 06:33 PM (oQ94s)
Posted by: Deplorable Jay Guevara at January 27, 2021 06:31 PM (VnqPw)
OHhhhh, you mean like the Financial Instruments where the bunched a lot of mortgages together... the ones that they blamed for the 2008 crash?
Posted by: Romeo13 at January 27, 2021 06:33 PM (oHd/0)
Posted by: Deplorable Jay Guevara at January 27, 2021 06:27 PM (VnqPw)
=====
You're not wrong.
Posted by: Swingin' for the downs at January 27, 2021 06:33 PM (VbCZe)
Not as long as it takes my boyfriend to back down the driveway.
Posted by: Mrs David French at January 27, 2021 06:33 PM (/cdHI)
Try "honey buns", broads love that one.
Posted by: Christopher R Taylor at January 27, 2021 06:31 PM (KZzsI)
You forgot Sugar Britches
Posted by: ALH at January 27, 2021 06:33 PM (WSGpY)
Posted by: brak at January 27, 2021 06:34 PM (Zt/hi)
Since the Biden rulership is Obama 1.1, reanimating robots like Psaki, it must be time to drag out this fine webwork from Aug 2014:
Valley Girls
The Surreality of State Department Briefings
(vid 1:19)
http://mindfulwebworks.com/radical/valley-girls
Posted by: mindful webworker#StealItBack
at January 27, 2021 06:34 PM (rTqAd)
Posted by: Guy Mohawk at January 27, 2021 06:34 PM (r+sAi)
Posted by: ALH at January 27, 2021 06:32 PM (WSGpY)
Janet Yellen, is that you?
Posted by: Deplorable Jay Guevara at January 27, 2021 06:34 PM (VnqPw)
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:28 PM (GbPPJ)
If your bet pays off, you make a fortune. If it doesn't, you get bailed out and go on.
Posted by: Colorado Alex in Exile at January 27, 2021 06:34 PM (jOcSX)
As long as it comes from pieces torn off her shirt, I'm okay with that.
Posted by: pep at January 27, 2021 06:34 PM (v16oJ)
180 99 AlaBAMA, you are being generous. Biden has already descended to -5 approval minus disapproval on the index. He may make that 40 percent approval 55 disapproval (-15) by March. Trump left at +3 btw.
Posted by: whig at January 27, 2021 06:32 PM (pO7gM)
Someone who knows. I was just guessing.
The cool thing about progressives is how much they love the face rake.
Posted by: AlaBAMA at January 27, 2021 06:34 PM (i9ZF7)
Look I think those guys are ignorant and basically foolish but i don't understand what the hell they did either, nor care.
Posted by: Christopher R Taylor at January 27, 2021 06:34 PM (KZzsI)
Posted by: Eeyore
I do find it amazing Biden almost exclusively hired Obama retreads. As if that was a smart idea.
Posted by: Wyatt Earp - Biden Cheated at January 27, 2021 06:34 PM (qoNQ/)
Posted by: davidt at January 27, 2021 06:34 PM (l3+k2)
Posted by: f'd at January 27, 2021 06:34 PM (r6MeQ)
Posted by: confederatefifth at January 27, 2021 06:34 PM (4Jold)
Posted by: mallfly the Peach of Hoboken at January 27, 2021 06:34 PM (4a9Vv)
Posted by: Nevergiveup
the redditors are Occupying Wall Street's asshole
Posted by: x4 at January 27, 2021 06:34 PM (0tE/i)
Remember how I always joked about asking Joe Biden to explain the Rules of Connect-4?
Posted by: garrett at January 27, 2021 06:35 PM (/cdHI)
Posted by: I can see the communism in your eyes at January 27, 2021 06:35 PM (h7l/I)
Posted by: Cyndi Lauper at January 27, 2021 06:35 PM (uWF4x)
Posted by: Nora at January 27, 2021 06:35 PM (nyQyG)
we don't actually have a US President
so, whatever
we can deal with this!
we can even have fun with it
Posted by: BlackOrchid at January 27, 2021 06:35 PM (j9HX3)
Posted by: Guy Mohawk at January 27, 2021 06:34 PM (r+sAi)
A short position doesn't expire. Until and unless you can't meet a margin call.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:35 PM (VnqPw)
Posted by: Deplorable Jay Guevara at January 27, 2021 06:31 PM (VnqPw)
OHhhhh, you mean like the Financial Instruments where the bunched a lot of mortgages together... the ones that they blamed for the 2008 crash?
Posted by: Romeo13 at January 27, 2021 06:33 PM (oHd/0)
Mortgage backed securities are more of a bonds thing than a hedge fund thing. The area in which hedge funds tend to provide more liquidity than would otherwise exist is commodities futures. Hedge funds are predominantly public equities with the use of leverage, but the category is pretty flexible.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:35 PM (Zm+LZ)
Posted by: AMERICA at January 27, 2021 06:35 PM (G5FL7)
Katie Pavlich just recommended the documentary
Not Evil Just Wrong: The True Cost of Global Warming Hysteria. Went to Amazon to order it and it was there 5 seconds ago. Now you can't order it. Wonder if they pulled it.
Posted by: redridinghood at January 27, 2021 06:01 PM
Interested, so I tried to find it. Not only is it unavailable at Amazon, but search results showed one for sale on Ebay. I clicked over and that listing has been "removed", not sold. Looks like our overlords are serious about this one being disappeared.
Posted by: one of the quiet ones at January 27, 2021 06:27 PM (2k7BX)
--
It's only going to get worse.
Posted by: LeftCoast Dawg at January 27, 2021 06:35 PM (sy5kK)
Ah yes. The theory that says if you put a whole bunch of turds together in one pile, it magically becomes something other than a pile of shit.
Posted by: Rodrigo Borgia at January 27, 2021 06:35 PM (I8SZs)
Posted by: ALH at January 27, 2021 06:32 PM
Joey is asking the same question.
Posted by: Diogenes at January 27, 2021 06:35 PM (axyOa)
Posted by: Wyatt Earp - Biden Cheated at January 27, 2021 06:34 PM (qoNQ/)
The Clinton wing of the party is gone.
Posted by: Colorado Alex in Exile at January 27, 2021 06:35 PM (jOcSX)
Posted by: R
and?
Posted by: confederatefifth at January 27, 2021 06:35 PM (4Jold)
Posted by: Cat Ass Trophy at January 27, 2021 06:36 PM (xDpty)
Posted by: Christopher R Taylor at January 27, 2021 06:31 PM (KZzsI)
You forgot Sugar Britches
Posted by: ALH at January 27, 2021 06:33 PM (WSGpY)
=====
So sugar tits is out? SUGAR TITS IS OUT?!?
Posted by: Swingin' for the downs at January 27, 2021 06:36 PM (VbCZe)
correct but naked shorts plus collusion
=
very wrong
Posted by: BlackOrchid at January 27, 2021 06:36 PM (j9HX3)
Make it what it was intended for, a way to invest, not just a virtual Vegas.
Posted by: Romeo13 at January 27, 2021 06:14 PM (oHd/0)
Not really yours or my business if someone wants to sell a stock 10 minutes after they buy it. I can totally get behind the rule that you cannot sell what does not exist.
Posted by: redbanzai the Southerner at January 27, 2021 06:36 PM (946rW)
Posted by: Christopher R Taylor at January 27, 2021 06:36 PM (KZzsI)
Posted by: Duke Lowell at January 27, 2021 06:32 PM (kTF2Z)
And coming to a Military Unit near you soon also...LOL
Posted by: Nevergiveup at January 27, 2021 06:36 PM (OVEfo)
Posted by: mallfly the Peach of Hoboken at January 27, 2021 06:34 PM (4a9Vv)
I never get tired of rape. And I wasn't around in 1060 but if I was you can be sure I was raping something.
Posted by: Billy Jeff, The El Camino Rapist at January 27, 2021 06:36 PM (R/m4+)
Posted by: Colorado Alex in Exile at January 27, 2021 06:34 PM (jOcSX)
I thought naked shorting (sigh I know Horde I'm doing this to myself) was illegal as all hell. I should have known the hedge funds would be exempt.
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:36 PM (GbPPJ)
Posted by: GrandeMe at January 27, 2021 06:36 PM (ytutJ)
Honey buns .> sugar tits ? I dunno. Let me ruin an experiment , document slap force and get back to you.
Posted by: The Walking Dude at January 27, 2021 06:37 PM (cCxiu)
Posted by: Cyndi Lauper at January 27, 2021 06:37 PM (uWF4x)
But you guys really need to look in to this. Not just this specific scenario, but what wall street has been up to for literally decades.
To me, this is even a bigger deal then the stolen elections.
These people are producing upwards of 40% returns (plus their own commissions, of course) by screwing us out of our retirement accounts by conspiring to rig the entire stock market and fucking over the American economy.
This really should be the biggest story of the decade.
Posted by: Harry Paratestes at January 27, 2021 06:37 PM (UPoLF)
"And Barbara, (I call her Babs), well Babs said to me, "Jackals, George". She said "Jackals will slake their thirst on the blood of Iraqi Soldiers. Their children will wander the desert and not know who their fathers were. Lost, George, lost."
Friends and I would regularly start with "Jackals will slake their thirst..." when we wanted to go somewhere for drinks.
Posted by: Inspector Cussword at January 27, 2021 06:37 PM (1lKRm)
correct but naked shorts plus collusion
very wrong
Posted by: B
do we know they were not not covered?
Posted by: confederatefifth at January 27, 2021 06:37 PM (4Jold)
Of course, assuming you, and you alone, are responsible when things go pear-shaped. That condition, sadly, no longer obtains.
Posted by: pep at January 27, 2021 06:37 PM (v16oJ)
Which was the most blatantly illegal move one could imagine. GS should've been prosecuted up the wazoo for that.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:29 PM (VnqPw)
Aren't you just the cutest.
Posted by: DFCtomm at January 27, 2021 06:37 PM (50gG9)
You cannot speak to these people as if they are sane, rational, and understand basic rhetoric. They have their own language and system of communciation now, and their presumptions are entirely different from ours.
Two trains passing in the night, perfectly parallel. Never will meet, unless something collides.
Posted by: Christopher R Taylor at January 27, 2021 06:20 PM (KZzsI)
It will only get worse.
Posted by: LeftCoast Dawg at January 27, 2021 06:37 PM (sy5kK)
I thought naked shorting (sigh I know Horde I'm doing this to myself) was illegal as all hell. I should have known the hedge funds would be exempt.
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:36 PM (GbPPJ
I don't think it's illegal. Go ahead and try it.
Slowly...
Posted by: AlaBAMA at January 27, 2021 06:37 PM (i9ZF7)
It is even more nefarious with that, bundling was essentially "risk laundering" whereby MAGICALLY you used percentages of good loans to camouflage sh*t notes with the full throaty tacit approval of the Feds....
this behavior if done to other forms of risk valuation would have given Bawney Fwank's boytoy prison time.
Posted by: sven at January 27, 2021 06:38 PM (Lzpvj)
Posted by: Nora at January 27, 2021 06:38 PM (nyQyG)
Posted by: whig at January 27, 2021 06:38 PM (pO7gM)
To me, this is even a bigger deal then the stolen elections.
These people are producing upwards of 40% returns (plus their own commissions, of course) by screwing us out of our retirement accounts by conspiring to rig the entire stock market and fucking over the American economy.
This really should be the biggest story of the decade.
Posted by: Harry
where is this from?
Posted by: confederatefifth at January 27, 2021 06:38 PM (4Jold)
Would require an amendment. He's not a native-born citizen.
Posted by: Rodrigo Borgia at January 27, 2021 06:38 PM (I8SZs)
I kind of always wondered if this was a thing that was happening
and now we know
DAMN
yet another amazing bit of clarity! whew
Posted by: BlackOrchid at January 27, 2021 06:38 PM (j9HX3)
Posted by: Deplorable Jay Guevara at January 27, 2021 06:17 PM
My father, he told me stories of my great-grandfather, who, how you say, did several times.
Posted by: Paolo at January 27, 2021 06:38 PM (DMUuz)
Posted by: Wyatt Earp - Biden Cheated at January 27, 2021 06:34 PM (qoNQ/)
The Clinton wing of the party is gone.
Posted by: Colorado Alex in Exile at January 27, 2021 06:35 PM (jOcSX)
Yup, no more scoop jacksons, joe liebermans, or or or that guy from GA
Posted by: Nevergiveup at January 27, 2021 06:38 PM (OVEfo)
Posted by: Christopher R Taylor at January 27, 2021 06:31 PM (KZzsI)
You forgot Sugar Britches
Posted by: ALH at January 27, 2021 06:33
Wanton libidinous trollop.
Posted by: Diogenes at January 27, 2021 06:38 PM (axyOa)
Posted by: Duke Lowell at January 27, 2021 06:28 PM (kTF2Z)
Pretty sure black and Hispanic guys can cook? No?
Posted by: dagny, first of her name at January 27, 2021 06:31 PM (ySQBZ)
What temperature do you take them out?
Posted by: 4 at January 27, 2021 06:38 PM (KnJdm)
Posted by: mallfly the Peach of Hoboken at January 27, 2021 06:38 PM (4a9Vv)
Yes, defund the police.
Yes, fuck the military industrial complex.
Yes, tax 1% Wall Streeters 90% on their earnings over $1,000,000
If we have no vote, we no longer have a system to defend.
I have long defended law and order, under the guise it was applied evenly.
I have long supported military, under the guise they were defending Americans.
I long have held that taxation was theft, even on billionaires of which I am not even close.
But if my vote is not sacrosanct, none of these things are either. If my vote was an illusion, so are these beliefs. Bring them to their knees and make them beg.
Posted by: Bitter Clinger at January 27, 2021 06:38 PM (G009b)
Posted by: Cyndi Lauper at January 27, 2021 06:38 PM (uWF4x)
Posted by: Cat Ass Trophy at January 27, 2021 06:38 PM (xDpty)
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:36 PM (GbPPJ)
It is illegal! It's been illegal for a long time, and under Dodd Frank was even more explicit.
but they have some kind of loopholes (that frankly I haven't looked in to) that has allowed hedge funds to get away with this shit forever. And, worst case scenario, SEC catches them and they pay a small fine.
And the worst part is that the brokerages are completely on board with this. Corruption from top to bottom.
Posted by: Harry Paratestes at January 27, 2021 06:38 PM (UPoLF)
Also, call Hugh's financial advisor and guest sponsor for a wealth check-up and say Salem sent you.
Posted by: some guy out west at January 27, 2021 06:38 PM (rvH0d)
That was adorable.
Here. Have a cookie.
*Shoves Choc Chip through USB*
Posted by: garrett at January 27, 2021 06:39 PM (/cdHI)
But you guys really need to look in to this. Not just this specific scenario, but what wall street has been up to for literally decades.
To me, this is even a bigger deal then the stolen elections.
These people are producing upwards of 40% returns (plus their own commissions, of course) by screwing us out of our retirement accounts by conspiring to rig the entire stock market and fucking over the American economy.
This really should be the biggest story of the decade.
Posted by: Harry Paratestes at January 27, 2021 06:37 PM (UPoLF)
Hedges funds don't produce upwards of 40% returns over the long haul. In some years a small portion of them might have over 40% returns. And a lot of them blow up every recession. For the most part they're just actively managed stock funds + leverage.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:39 PM (Zm+LZ)
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:36 PM (GbPPJ)
*Perks up*
Posted by: Mark Andrew Edwards, Logan Tiberius Edwards (2012-2021) at January 27, 2021 06:39 PM (ifmtJ)
Posted by: lowandslow at January 27, 2021 06:39 PM (qH6FZ)
Posted by: Thomas Bender at January 27, 2021 06:39 PM (fGzVz)
Posted by: 14 Days to Slow the Spread at January 27, 2021 06:39 PM (uEbPt)
Of course, assuming you, and you alone, are responsible when things go pear-shaped. That condition, sadly, no longer obtains.
that is the answer though, not bailing the investors out, restricting the instruments is bad for everybody.
Posted by: confederatefifth at January 27, 2021 06:39 PM (4Jold)
Basic Theft, but Legal.
We are seeing who actually runs the Government, and last election showed it sure ain't the Voters.
Posted by: Romeo13 at January 27, 2021 06:39 PM (oHd/0)
Posted by: pep at January 27, 2021 06:39 PM (v16oJ)
Ah yes. The theory that says if you put a whole bunch of turds together in one pile, it magically becomes something other than a pile of shit.
Posted by: Rodrigo Borgia at January 27, 2021 06:35 PM (I8SZs)
More like if you put a bunch of turds in a Tiffany box you can sell it at a premium.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:40 PM (VnqPw)
Posted by: Wyatt Earp - Biden Cheated at January 27, 2021 06:34 PM
I doubt Joey knows who half these people are. He's just doing what he's told to do.
Posted by: Diogenes at January 27, 2021 06:40 PM (axyOa)
Posted by: AlaBAMA at January 27, 2021 06:40 PM (i9ZF7)
Posted by: Rodrigo Borgia at January 27, 2021 06:38 PM (I8SZs)
Hahahaha......you funny! Amendment my ass.
Posted by: Barack Mugabe at January 27, 2021 06:40 PM (R/m4+)
Posted by: Cat Ass Trophy at January 27, 2021 06:38 PM (xDpty)
This wasn't high frequency trading. See my comment at 72ish, or ace's post from this morning.
I know I'm beating a dead horse here, but this is a thing that has been pissing me off for a decade.
Posted by: Harry Paratestes at January 27, 2021 06:40 PM (UPoLF)
Melvin put out a statement that they were covered at a point where it would literally be impossible for them to cover.
Posted by: BlackOrchid at January 27, 2021 06:40 PM (j9HX3)
----
I believe that statement entirely. I don't think there is a single person in the President Placeholder regime who would understand what happened. Now Congress, on the other hand...
Posted by: exdem13 at January 27, 2021 06:40 PM (W+kMI)
That.
...and the Car was about to plow through a crowded Farmer's Market.
Posted by: garrett at January 27, 2021 06:40 PM (/cdHI)
It's all disappearing. There will be no record of the truth. True historical perspective will become linguistic. Like tribes passing down their history around a fire.
Posted by: Notorious BFD at January 27, 2021 06:40 PM (W4eKo)
-------
NORMANS OUT IF SICILY!!
Posted by: Captain Obvious, Laird o' the Sea at January 27, 2021 06:40 PM (WENj9)
Posted by: Cat Ass Trophy at January 27, 2021 06:41 PM (xDpty)
Posted by: Guy Mohawk at January 27, 2021 06:41 PM (r+sAi)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:39 PM (Zm+LZ)
Of course not every year. But it happens. You know what's never had a 40% return? My 401(k).
Posted by: Harry Paratestes at January 27, 2021 06:41 PM (UPoLF)
My wife, Bar, turned to me, and what she said speaks for Americans everywhere. "Jackals", said Bar. "Jackals will slake their thirst on the blood of Iraqi soldiers, and their entrails shall stink in the sun and be food for hogs!"
It's great, link is https://preview.tinyurl.com/y399h5vq
Posted by: Inspector Cussword at January 27, 2021 06:41 PM (1lKRm)
Posted by: bonhomme at January 27, 2021 06:41 PM (UW2ZS)
Of course, assuming you, and you alone, are responsible when things go pear-shaped. That condition, sadly, no longer obtains.
that is the answer though, not bailing the investors out, restricting the instruments is bad for everybody.
Posted by: confederatefifth at January 27, 2021 06:39 PM (4Jold)
Typically hedge funds do not get bailed out. Insurance companies and banks do. Don't know if that'll remain true going forward.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:41 PM (Zm+LZ)
Posted by: Cyndi Lauper at January 27, 2021 06:41 PM (uWF4x)
correct but naked shorts plus collusion
very wrong
Posted by: B
========
What's bad (to me) is that were it not for Jamie Lee Curtis bewbs, Dan Ankroyd, and Eddie Murphy, I would have no idea what we are talking about. Then again, I am a moron (in marginal standing).
Posted by: Swingin' for the downs at January 27, 2021 06:41 PM (VbCZe)
Posted by: GrandeMe at January 27, 2021 06:36 PM (ytutJ)
I think that's a Patriot Act thing.
I transferred my retirement account fund to a new brokerage (don't I sound fancy) last year and when setting it up my advisor recommended getting my bank account information hooked up for deposits from the get go because there was a mandatory waiting period.
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:41 PM (GbPPJ)
Posted by: 4 at January 27, 2021 06:41 PM (KnJdm)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:39 PM (Zm+LZ)
This.
Actively managed stock funds + leverage, plus investments in commercial real estate, commodities futures, and other non-traditional investment areas.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:42 PM (VnqPw)
Posted by: Cyndi Lauper at January 27, 2021 06:42 PM (uWF4x)
Posted by: SFGoth at January 27, 2021 06:42 PM (ma0+Q)
I never thought this would happen to me, but today I read alexthechick and "naked shorts" in the same comment.
Posted by: Duncanthrax at January 27, 2021 06:42 PM (DMUuz)
Biden: Cool, cool. Did you know our Treasury Secretary has a vaj?
Posted by: motionview at January 27, 2021 06:42 PM (pYQR/)
There has sure been a lot of looting in the Covid "stimulus." Powell put Black Rock into position to stabilize markets. Have a small junk bond fund with Black Rock, thought it would go under by April, mysteriously it is performing nicely now
Posted by: Trump poisoned my cat at January 27, 2021 06:42 PM (puu6v)
High frequency trading is bullshit.Posted by Cat Ass Trophy
Traders just just hate when some dweeb chirps out "I'll take 2 shares of Amazon" in soprano.
Posted by: The Walking Dude at January 27, 2021 06:42 PM (cCxiu)
Posted by: Puddleglum at January 27, 2021 06:42 PM (TYNKr)
good thing we won't have to think much about that
Posted by: runner at January 27, 2021 06:42 PM (zr5Kq)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:39 PM (Zm+LZ)
Of course not every year. But it happens. You know what's never had a 40% return? My 401(k).
Posted by: Harry Paratestes at January 27, 2021 06:41 PM (UPoLF)
That's because some of these funds take concentrated bets and they almost all use leverage. If you borrow money and lever the S&P 500 to 2x you'll have some 40% years. You'll also have some -90% years if you do that long enough. There's a reason rich people don't just dump all their money in hedge funds.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:43 PM (Zm+LZ)
Posted by: Guy Mohawk at January 27, 2021 06:43 PM (r+sAi)
I wasn't saying gamestop was HFT. I was just saying that in the universe of trading tactics, HFT is bullshit.
Posted by: Cat Ass Trophy at January 27, 2021 06:43 PM (xDpty)
Posted by: SFGoth at January 27, 2021 06:42 PM
Can't say I have.
Posted by: Marshall McLuhan at January 27, 2021 06:43 PM (DMUuz)
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:36 PM (GbPPJ)
*Perks up*
Posted by: Mark Andrew Edwards, Logan Tiberius Edwards (2012-2021) at January 27, 2021 06:39 PM (ifmtJ)
Getting the words AtC-Boobs and naked in the same gray box got everyone's attention!
Posted by: Diogenes at January 27, 2021 06:43 PM (axyOa)
Posted by: FenelonSpoke at January 27, 2021 06:32 PM (VP4Cd)
-----------------
McEmamu came to the podium prepared; with a tabbed three ring book full of 'today's' information. Psaki came with two or three scratch pad notes.
Posted by: Braenyard, Patriot dog at January 27, 2021 06:43 PM (nhBb/)
Posted by: Ben Had at January 27, 2021 06:44 PM (s2D1h)
Posted by: Village Idiot's Apprentice at January 27, 2021 06:44 PM (S7VTO)
Posted by: Harry Paratestes at January 27, 2021 06:41 PM (UPoLF)
why time period are you talking about ?
Posted by: runner at January 27, 2021 06:44 PM (zr5Kq)
Posted by: Joe Biden at January 27, 2021 06:44 PM (hozza)
Posted by: SFGoth at January 27, 2021 06:42 PM (ma0+Q)
*raises hand* Semantics and semiotics are fascinating.
I need to re-read The Name of the Rose, it's been a good year or two since the last read through.
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:44 PM (GbPPJ)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:41 PM (Zm+LZ)
Yep.
You're obviously knowledgeable about the hedge fund space.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:44 PM (VnqPw)
Slowly...
Do it... doucement, do it... very slowly
Posted by: Christopher R Taylor at January 27, 2021 06:44 PM (KZzsI)
Interested, so I tried to find it. Not only is it unavailable at Amazon, but search results showed one for sale on Ebay. I clicked over and that listing has been "removed", not sold. Looks like our overlords are serious about this one being disappeared.
Posted by: one of the quiet ones
It's up on teh torrents. Which might be the only place to find it anymore.
Posted by: IllTemperedCur at January 27, 2021 06:44 PM (EGyGV)
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:36 PM (GbPPJ)
It's also illegal to buy insurance on something you don't own, it's considered an incentive to do bad things, but Wall street just calls it by another name (credit default swap) and it's magically something else entirely. Congress plays these little name games too. This is the glory of Trump. He has given us clarity of vision. We now see it's all been bullshit for decades.
Posted by: DFCtomm at January 27, 2021 06:44 PM (50gG9)
Posted by: Guy Mohawk at January 27, 2021 06:43 PM (r+sAi)
Truer words. Tax the 1% to bankruptcy.
Posted by: motionview at January 27, 2021 06:45 PM (pYQR/)
Posted by: confederatefifth at January 27, 2021 06:45 PM (4Jold)
Posted by: Romeo13 at January 27, 2021 06:21 PM (oHd/0)
That's quite the joke. Gamestop are the assholes who bitch at you to preorder games if you ask if they have something in stock, sell beat up used games at nearly new prices, while buying used games for next to nothing.
There are many reasons digital sales are dominant now, and one very good one is avoiding the awful retail experience.
Posted by: Sjg at January 27, 2021 06:45 PM (gDSJf)
Posted by: tcn in AK, Hail to the Thief
F n A! Horde mind! I love that I'm not alone in this world with these thoughts bouncing around in my head.
Posted by: Sock Monkey * I approve this message at January 27, 2021 06:45 PM (bVPzb)
Posted by: Colorado Alex in Exile at January 27, 2021 06:34 PM (jOcSX)
I thought naked shorting (sigh I know Horde I'm doing this to myself) was illegal as all hell. I should have known the hedge funds would be exempt.
---
They're not exempt, in fact naked shorting is very illegal. However, the trick is not to get caught by the SEC, and having the right friends to ensure that getting caught doesn't happen.
Posted by: exdem13 at January 27, 2021 06:45 PM (W+kMI)
Yes, defund the police.
Yes, fuck the military industrial complex.
Yes, tax 1% Wall Streeters 90% on their earnings over $1,000,000
If we have no vote, we no longer have a system to defend.
I have long defended law and order, under the guise it was applied evenly.
I have long supported military, under the guise they were defending Americans.
=======
And that in the 1978 version of Superman, Lex Luther was the protagonist. I mean Hoboken, NJ and the west coast all at once (present company excluded)?
Posted by: Swingin' for the downs at January 27, 2021 06:46 PM (VbCZe)
Posted by: confederatefifth at January 27, 2021 06:45 PM (4Jold)
The US Code?
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:46 PM (GbPPJ)
I like most of Umberto's writing, but his digressions about semiotics struck me as idiotic (SWIDT).
Posted by: pep at January 27, 2021 06:46 PM (v16oJ)
Posted by: DB- just DB at January 27, 2021 06:46 PM (iTXRQ)
Posted by: Harry Paratestes at January 27, 2021 06:41 PM (UPoLF)
Easily arranged, if you're willing to live with a whopping beta.
You can get nearly a 100% return by betting on black in roulette, too. Or 0%, as the case may be.
The crucial piece: risk tolerance.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:46 PM (VnqPw)
Posted by: Mr Aspirin Factory at January 27, 2021 06:46 PM (hozza)
Posted by: Skip at January 27, 2021 06:46 PM (Cxk7w)
Posted by: Cat Ass Trophy at January 27, 2021 06:47 PM (xDpty)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:41 PM (Zm+LZ)
How about the brokerages that are ultimately on the line for all of these shorts?
But, no, you're right -- usually these assholes succeed in essentially taking money from the unsuspecting middle class and putting it in to their pockets.
I know I'm sounding dangerously like a lefty here, and it sounds like you're in the financial services industry. I'm just saying, this shit is so fundamentally unfair that I'm not being entirely consistent with my political ideology by calling it out. This cannot stand. We can't have a small group of finance bro douchebags robbing the middle class of their retirements.
Posted by: Harry Paratestes at January 27, 2021 06:47 PM (UPoLF)
Posted by: confederatefifth at January 27, 2021 06:47 PM (4Jold)
Posted by: Surprise Anal Mandelbrot Set Quantum Computer at January 27, 2021 06:47 PM (bNY8v)
Posted by: Skip at January 27, 2021 06:47 PM (Cxk7w)
Well, Kaylie had to come prepared, she was facing on a daily basis, three dozen crazed, mercenary, out for blood at the slightest error or misstep, Democrat apparatchiks.
By contrast, Jen gets the tickle party feather pillow treatment.
Posted by: Thomas Bender at January 27, 2021 06:47 PM (fGzVz)
So....the hedge funds are buffers? Lotta buffers on Wall Street.
Posted by: pep at January 27, 2021 06:47 PM (v16oJ)
When the people in the palaces have made it clear they owe nothing and care nothing for the people on the outside, the broken obligation becomes reciprocal.
Posted by: some guy out west at January 27, 2021 06:48 PM (rvH0d)
and electronic trading systems, naked shorting continues to happen.
Market makers have an exception so they can keep liquidity in the options market. Hedge Funds abuse this exception.
Posted by: Guy Mohawk at January 27, 2021 06:48 PM (r+sAi)
Posted by: confederatefifth at January 27, 2021 06:45 PM (4Jold)
The US Code?
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:46 PM (GbPPJ)
I think it was originally made illegal in the 1930's, but there were a lot of workarounds. Dodd-Frank was supposed to close those workarounds, and did for almost everyone. Except for, apparently, hedge funds and certain high net work individuals.
Posted by: Harry Paratestes at January 27, 2021 06:48 PM (UPoLF)
Not real pleased. Only had it three months and think if they haven't greatly improved at the sixth month I'm pulling the plug.
Posted by: Braenyard, Patriot dog at January 27, 2021 06:48 PM (nhBb/)
Posted by: Swingin' for the downs at January 27, 2021 06:48 PM (VbCZe)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:41 PM (Zm+LZ)
It just looks different, but they channel massive amounts of money to the funds in different ways. There was something up on zerohedge about it a few weeks ago. It's all a scam. The "meritocracy" is bullshit. They aren't smarter, they don't work harder, and they aren't any better than you. They're just a gang who have all agree to rob the country blind, and so they cooperate with each other toward that goal.
Posted by: DFCtomm at January 27, 2021 06:49 PM (50gG9)
It was amazing, they would spout off some nonsense babble and that Matt Lee guy would ask them what the gibberish actually meant and they would have no idea.
Posted by: lowandslow at January 27, 2021 06:49 PM (qH6FZ)
Posted by: Bosk at January 27, 2021 06:49 PM (SWbVS)
Hmmmmm, wah? What were we talking about.
Posted by: pep at January 27, 2021 06:49 PM (v16oJ)
Posted by: Captain Obvious, Laird o' the Sea at January 27, 2021 06:49 PM (WENj9)
Posted by: DB- just DB at January 27, 2021 06:49 PM (iTXRQ)
The stock market is just another example of the lumpy carpet syndrome, push the carpet in one spot, and a lump appears somewhere else. Because the carpet was never laid properly. Stock prices have little to do with value or future cash flows any more.
And an expert, Dan David, Wolfpackreports.com on Bannon just said the SEC in the formerly free USA will start curtailing puts, calls, and other tools used mostly by the big investors.
Posted by: LeftCoast Dawg at January 27, 2021 06:49 PM (sy5kK)
Posted by: bonhomme at January 27, 2021 06:49 PM (UW2ZS)
Biden is signing any paperwork put in front of him. A dementia patient was the perfect person for this farce. Biden is a less coherent Harvey Corman in BLAZING SADDLES.
Posted by: Trump poisoned my cat at January 27, 2021 06:50 PM (puu6v)
That the Obama junta was running the Meat Puppet was known and apparent back in March.
And here we are.
Oy vay.
Posted by: Thomas Bender at January 27, 2021 06:50 PM (fGzVz)
=======
Jen's Hollaback>>>Circleback
Posted by: Swingin' for the downs at January 27, 2021 06:48 PM (VbCZe)
***
Jen Onherback > Circle back > Broke back
Posted by: Diogenes at January 27, 2021 06:50 PM (axyOa)
Posted by: Weasel at January 27, 2021 06:50 PM (MVjcR)
You can get nearly a 100% return by betting on black in roulette, too. Or 0%, as the case may be.
The crucial piece: risk tolerance.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:46 PM (VnqPw)
No, it's illegal for me to put my own 401(k) money in anything nearly that risky. Instead, I have to put it in funds that decide to invest on the other side of these hedge funds. And I have zero say in it.
With an IRA, I have a bit more flexibility, but still not enough to naked short. Which is as insane as putting your entire retirement on black at the roulette table.
Posted by: Harry Paratestes at January 27, 2021 06:50 PM (UPoLF)
lot of workarounds. Dodd-Frank was supposed to close those workarounds,
and did for almost everyone. Except for, apparently, hedge funds and
certain high net work individuals.
When the people who write the laws benefit from finding "loopholes", no law will provide protection.
Posted by: pep at January 27, 2021 06:50 PM (v16oJ)
Posted by: Sock Monkey * Never smear Joey Bidet is here! at January 27, 2021 06:50 PM (bVPzb)
How so? The brokerages are just the intermediaries. The shorts are on the hook if the stock goes up and they don't cover.
The brokerage couldn't care less whether the short makes money or doesn't, as long as they meet margin calls on the way up.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:51 PM (VnqPw)
Posted by: pep at January 27, 2021 06:47 PM (v16oJ)
======
Did you say buffers or fluffers, because I'm available. -- Jen Psaki
Posted by: Swingin' for the downs at January 27, 2021 06:51 PM (VbCZe)
Posted by: Catch Thirty-Thr33 at January 27, 2021 06:51 PM (7PCMN)
Posted by: Harry Paratestes at January 27, 2021 06:47 PM (UPoLF)
I'm not saying they don't sometimes play by a different set of rules. No one here is going to get the special deals Buffett is able to get, and that's basically how things work across the spectrum. However the following is true
1. Hedge funds don't get bailed out(and frequently go bankrupt)
2. Shorting typically can't cause a company to go bankrupt, equity prices exist in secondary markets, the cash moving around doesn't affect the company directly
3. Dedicated short-selling isn't all that widespread in hedge funds, and they frequently blow up.
I think the current situation is funny and there's no reason for people to get their panties in a twist, because it's basically something that happens from time to time. Gamestop genuinely appears to be a business on the way out. Manipulating stock prices for M&A stuff is way dirtier than this.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:51 PM (Zm+LZ)
Circle Back Of The Jedi
Posted by: DB- just DB at January 27, 2021 06:52 PM (iTXRQ)
Posted by: Ben Had at January 27, 2021 06:52 PM (s2D1h)
A master troll would be to slip him a quitclaim deed to the Brooklyn Bridge.
Posted by: some guy out west at January 27, 2021 06:52 PM (rvH0d)
Posted by: Somewhere South of I-80 at January 27, 2021 06:52 PM (uxUoN)
Posted by: DB- just DB at January 27, 2021 06:52 PM (iTXRQ)
Posted by: President Assterisk at January 27, 2021 06:52 PM (8WMNe)
Yeah, of course.
Actually, it's the hedge funds who decide to take the other side of the bet of more traditional investors, not the other way around. Hedge funds are cubic light years more nimble than the average mutual fund.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:53 PM (VnqPw)
Posted by: confederatefifth at January 27, 2021 06:47 PM (4Jold)
Obligatory I am not your Google/Bing/what the fuckever:
Here. You. Fucking. Go.
https://www.sec.gov/investor/pubs/regsho.htm
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:53 PM (GbPPJ)
Posted by: Cat Ass Trophy at January 27, 2021 06:41 PM (xDpty)
Concur. Tax all they asses.
Posted by: Hairyback Guy at January 27, 2021 06:53 PM (R/m4+)
Posted by: Tami at January 27, 2021 06:53 PM (cF8AT)
There are many reasons digital sales are dominant now, and one very good one is avoiding the awful retail experience.
Posted by: Sjg at January 27, 2021 06:45 PM (gDSJf)
Sure, Gamestop is not my favorite store either. This has little to do with Gamestop. Only the original autist who started this thought it had long term growth potential (it's financials aren't that horrible, believe it or not.) But when he saw all the shorts he said "uh, guys... do you see this shit?" and WSB was like "yep, we're all in." Most / all of them are calling this Occupy Wall Street but without the "faggy dirty hippies"
Posted by: Harry Paratestes at January 27, 2021 06:53 PM (UPoLF)
I like most of Umberto's writing, but his digressions about semiotics struck me as idiotic (SWIDT).
Posted by: pep
Probably his best, most hilarious bit was in Foucault's Pendulum, the School of Comparative Irrelevance.
(See link for a quote from the beginning of the joke. It gets better in the book.)
https://schoolofcomparativeirrelevance.wordpress.com/about/
Posted by: IllTemperedCur at January 27, 2021 06:53 PM (EGyGV)
Stop muddying the waters with facts, OK?
Posted by: Deplorable Jay Guevara at January 27, 2021 06:54 PM (VnqPw)
Not really. Everything related to this faux administration is coming out of the arse. The ultimate shitshow.
Posted by: Notorious BFD at January 27, 2021 06:54 PM (W4eKo)
Posted by: Drink Like Vikings at January 27, 2021 06:54 PM (HtCML)
Nuh uh, I've got a post it note under BOTH eyelids.
Posted by: Jen Psaki at January 27, 2021 06:54 PM (cCxiu)
I know that a lot of people here believe that the financial edifice of derivatives, hedge funds, investment banking, etc. built up on Wall Street is absolutely necessary to the nation's economy. Just like a number of people here believe that the Republican party cannot die. Both rest on assumptions, not facts.
The example of 'Rickey' Vaughan being pursued for punishment up to twenty years for tweets in 2016 that were satiric in nature that no reasonable person could believe is another sign that the whole rotten edifice is about to fail.
Posted by: whig at January 27, 2021 06:54 PM (pO7gM)
Posted by: Duke Lowell at January 27, 2021 06:19 PM (kTF2Z)
The Red Robber Barons.
Posted by: 4 at January 27, 2021 06:28 PM (KnJdm)
Eighty men tried, and eighty men died. Now they're buried together on the countryside
Posted by: G'rump928(c) at January 27, 2021 06:54 PM (yQpMk)
I read that the first time as "multiple goats", and wondered why the Saudis owned an NYC hedge fund.
Posted by: Ian S. at January 27, 2021 06:55 PM (6XLoz)
Posted by: bonhomme at January 27, 2021 06:55 PM (UW2ZS)
Posted by: Deplorable Jay Guevara at January 27, 2021 06:53 PM (VnqPw)
Really? Or is it possible they're all working together.
Because this GME situation reallllly makes it look like they're all working together.
Posted by: Harry Paratestes at January 27, 2021 06:55 PM (UPoLF)
Reporter: What is the president's response to China's provocation towards Taiwan by sending war planes over the island?
Psaki: (heard the word plane) Yes, the president will be redecorating Air Force One.
Posted by: JuJuBee at January 27, 2021 06:55 PM (3DZKu)
No, it's illegal for me to put my own 401(k) money in anything nearly that risky. Instead, I have to put it in funds that decide to invest on the other side of these hedge funds. And I have zero say in it.
With an IRA, I have a bit more flexibility, but still not enough to naked short. Which is as insane as putting your entire retirement on black at the roulette table.
Posted by: Harry Paratestes at January 27, 2021 06:50 PM (UPoLF)
That's an issue with the pension fund industry. The financial advising business is pretty awful. You can mimic most of a hedge fund's activity with a brokerage account. Not so for private equity for instance, which is pretty exclusive to pretty wealth folks with some exceptions.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:55 PM (Zm+LZ)
There are many reasons digital sales are dominant now, and one very good one is avoiding the awful retail experience.
Posted by: Sjg at January 27, 2021 06:45 PM (gDSJf)
Oldie (from 2011), but goodie - RazorFist's rant against Gamestop.
https://tinyurl.com/y5xwudd7
Posted by: Thrawn at January 27, 2021 06:56 PM (AUfiu)
That bolsters race's point. The wrong people profited and the wrong people got hurt. Long term this will hurt the American market as more people realize its purported transparency and independence are just as fake and gay as everything else in this shithole.
Posted by: Trump poisoned my cat at January 27, 2021 06:56 PM (puu6v)
Posted by: Duke Lowell at January 27, 2021 06:19 PM (kTF2Z)
The Red Robber Barons.
Posted by: 4 at January 27, 2021 06:28 PM (KnJdm)
Eighty men tried, and eighty men died. Now they're buried together on the countryside
Posted by: G'rump928(c) at January 27, 2021 06:54 PM (yQpMk)
/gets on his doghouse
Posted by: Snoopy at January 27, 2021 06:56 PM (oHd/0)
Posted by: Notorious BFD at January 27, 2021 06:56 PM (W4eKo)
Posted by: Cat Ass Trophy at January 27, 2021 06:41 PM (xDpty)
So ... tax income, then tax accumulated savings, then tax wealth from investments (either as income or capital gains), ... what next? Tax oxygen?
Tax welfare. Then we'll see a REAL populist uprising.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:56 PM (VnqPw)
Posted by: Ktgreat at January 27, 2021 06:56 PM (AD3JT)
I had the same thought - this is January 6th all over again for the elite class, and they're already overreacting. There's a joke circulating on Twitter that the SEC just banned outsider trading.
Posted by: Ian S. at January 27, 2021 06:56 PM (6XLoz)
Posted by: Herr Frau Doktor vmom Staunch Demofaszi (on gab as @vm) at January 27, 2021 06:56 PM (nUhF0)
Posted by: Skip at January 27, 2021 06:57 PM (Cxk7w)
Would require an amendment. He's not a native-born citizen.
Posted by: Rodrigo Borgia at January 27, 2021 06:38
bless your heart. that is so 2016.
Posted by: Nora at January 27, 2021 06:57 PM (nyQyG)
Really? Or is it possible they're all working together.
Because this GME situation reallllly makes it look like they're all working together.
Posted by: Harry Paratestes at January 27, 2021 06:55 PM (UPoLF)
Dedicated shorts are a relatively small group of funds that tends to watch the same stocks. They dogpile and retreatin a cycle. Occasionally someone fairly wealthy will note they've done something stupid and blow them up. But most of the time they aim for fairly safe bets so it's not like there's anyone sitting there watching for these opportunities.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:57 PM (Zm+LZ)
Hmmm....
Posted by: Tami at January 27, 2021 06:53 PM (cF8AT)
Does Trump know McCarthy is a fake conservative?
Posted by: Emmie at January 27, 2021 06:57 PM (ofYez)
Posted by: Ian S. at January 27, 2021 06:56 PM (6XLoz)
I was scrolling through Twitter and saw that and my first thought was man Saban's bringing the pimp hand oh. Oh not that SEC.
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:57 PM (GbPPJ)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:55 PM (Zm+LZ)
What does it take to be a "qualified investor" now? $250,000 you can afford to lose, or so?
Posted by: Deplorable Jay Guevara at January 27, 2021 06:57 PM (VnqPw)
Soon it will be worth nothing and they will restrict your ability to trade.
Best to stay ahead of the curve.
Posted by: Bitter Clinger at January 27, 2021 06:57 PM (G009b)
The brokerage couldn't care less whether the short makes money or doesn't, as long as they meet margin calls on the way up.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:51 PM (VnqPw)
I think they SHOULD care if the hedge fund goes bankrupt because they can't handle the margin call, and the shares aren't owned by the brokerage either, so the brokerage is legally on the line to cover those missing shares from the failed shorts.
But as you say, it appears that they don't. Which is a bit curious.
Posted by: Harry Paratestes at January 27, 2021 06:58 PM (UPoLF)
--------
COUNTING ON IT!
~ Donkeychompers
Posted by: fixerupper at January 27, 2021 06:58 PM (8ldDC)
https://www.sec.gov/investor/pubs/regsho.htm
Posted by: alexthech
1. you were suggesting it was illegal as hell
2. you addressed my comment not the other way round
3. did you read what as at your link?
it is anything but illgl as hell, there are many situatin in which the sec is fine with it?
nice research there
Posted by: confederatefifth at January 27, 2021 06:58 PM (4Jold)
Posted by: Cat Ass Trophy at January 27, 2021 06:41 PM (xDpty)
Concur. Tax all they asses.
Posted by: Hairyback Guy at January 27, 2021 06:53 PM (R/m4+)
Americans being honest about their envy and their desire to impose hate taxes. That's refreshing.
Posted by: Catch Thirty-Thr33 at January 27, 2021 06:58 PM (7PCMN)
But if my vote is not sacrosanct, none of these things are either. If my vote was an illusion, so are these beliefs. Bring them to their knees and make them beg.
Posted by: Bitter Clinger at January 27, 2021 06:38 PM (G009b)
I have but two thumbs to upvote my man, Bitter Clinger.
Posted by: LeftCoast Dawg at January 27, 2021 06:58 PM (sy5kK)
Posted by: Inspector kemp at January 27, 2021 06:58 PM (EwPKb)
Well, a lotta men didn't, and a lotta men died.
Posted by: pep at January 27, 2021 06:58 PM (v16oJ)
Posted by: Deplorable Jay Guevara at January 27, 2021 06:57 PM (VnqPw)
I thought QI was up to a million now.
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:58 PM (GbPPJ)
Posted by: Fauci discernoing between anal and nasal swabs at January 27, 2021 06:58 PM (cCxiu)
10.39 benjamins
https://bit.ly/3prFCZ0
Posted by: bonhomme at January 27, 2021 06:55 PM (UW2ZS)
=======
*looks in wallet*
What will 3 George W's and one Andrew Jackson get me?
Posted by: Swingin' for the downs at January 27, 2021 06:58 PM (VbCZe)
Lace Wigs !
Posted by: runner at January 27, 2021 06:58 PM (zr5Kq)
Psaki probably would say such a stupid thing if put before her.
Posted by: whig at January 27, 2021 06:59 PM (pO7gM)
The money they're "making" at the expense of Wall Street is only real when they decide to sell their inflated US Mall Retail store videogame shop stock.
If you want to hurt big woke tech or Wall Street, by all means do it. But how many of you have even cancelled your Amazon, your twitter, your FB, etc? Not the majority, I'd wager. Oh, but let's all cheer for reddit basement dwellers with a robinhood account who think they can play the long-short game.
Posted by: SMFH at January 27, 2021 06:59 PM (Nqq7o)
Posted by: UGAdawg at January 27, 2021 06:59 PM (tRd71)
Posted by: prairie winecup at January 27, 2021 06:59 PM (KTdeA)
Because this GME situation reallllly makes it look like they're all working together.
Posted by: Harry Paratestes at January 27, 2021 06:55 PM (UPoLF)
To zeroth order, these types of transactions are of a zero-sum nature. Working together is not on the cards.
Posted by: Deplorable Jay Guevara at January 27, 2021 06:59 PM (VnqPw)
Lace Wigs !
Posted by: runner at January 27, 2021 06:58 PM (zr5Kq)
Maybe we can set up a Moron Credit Union?
Posted by: Catch Thirty-Thr33 at January 27, 2021 06:59 PM (7PCMN)
Posted by: Bitter Clinger at January 27, 2021 06:38 PM
said brilliantly and concur wholeheartedly
Posted by: Nora at January 27, 2021 06:59 PM (nyQyG)
Posted by: Notorious BFD at January 27, 2021 07:00 PM (W4eKo)
"President Biden is a practicing Catholic."
Posted by: Meade Lux Lewis, Domestic Terrorist at January 27, 2021 07:00 PM (sWM8x)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 06:57 PM (Zm+LZ)
Again, you're assuming everyone on wall street is a "good actor." And I get that -- I have friends and family who work in the industry who say exactly what you're saying.
but assume for a second that not everyone is as honest as you are. Do you not see how, potentially, that could be misused to divert people's retirement funds and other assets under management in to stocks that someone at a hedge fund or other institutional investor is planning on shorting, then they pull out at a slight loss (which they can make up later on the other side of this kind of deal), which drives the price down, causes panic selling and helps the person with the short position?
Posted by: Harry Paratestes at January 27, 2021 07:00 PM (UPoLF)
Yep.
Posted by: Inspector kemp at January 27, 2021 07:00 PM (EwPKb)
What does it take to be a "qualified investor" now? $250,000 you can afford to lose, or so?
Posted by: Deplorable Jay Guevara at January 27, 2021 06:57 PM (VnqPw)
Net worth of $1M to be an accredited investor. Hasn't changed anytime recently afaik. Income over 200k for a few years works too.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:00 PM (Zm+LZ)
Posted by: Bertram Cabot, Jr. at January 27, 2021 07:00 PM (63Dwl)
Posted by: Diogenes at January 27, 2021 07:01 PM (axyOa)
new fad, barn cupboards
Posted by: REDACTED at January 27, 2021 07:01 PM (zZxh0)
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 06:58 PM (GbPPJ)
Thanks. I haven't checked in a long time, but I thought at one time you had to have > $1 million in liquid assets, and >$250,000 you could afford to lose.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:01 PM (VnqPw)
If they haven't figured that out by now, it ain't gonna happen.
Posted by: Notorious BFD at January 27, 2021 07:01 PM (W4eKo)
Posted by: Meade Lux Lewis, Domestic Terrorist at January 27, 2021 07:00 PM (sWM8x)
======
In the same way I am a practicing pron star.
Posted by: Swingin' for the downs at January 27, 2021 07:01 PM (VbCZe)
Posted by: jeff at January 27, 2021 07:01 PM (J2JqR)
I shouldn't have to tell you. You should already know.
Posted by: Duke Lowell at January 27, 2021 07:01 PM (kTF2Z)
Gamestop wasn't the cause. It was the excuse.
Posted by: Somewhere South of I-80 at January 27, 2021 07:02 PM (uxUoN)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:00 PM (Zm+LZ)
Ah, sorry. Just saw this.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:02 PM (VnqPw)
"President Biden is a practicing Catholic."
Posted by: Meade Lux Lewis, Domestic Terrorist at January 27, 2021 07:00 PM (sWM8x)
So, he is practicing to be a Catholic?
Kinda like the Pope?
Posted by: Snoopy at January 27, 2021 07:02 PM (oHd/0)
Posted by: runner at January 27, 2021 07:02 PM (zr5Kq)
Posted by: Ben Had at January 27, 2021 06:52 PM (s2D1h)
----
Thank you. Tragic it was!
Posted by: Weasel at January 27, 2021 07:02 PM (MVjcR)
she didn't wear a mask last time, and now she's got the 'back
Posted by: DB- just DB at January 27, 2021 06:46 PM (iTXRQ)
Baby Got Back. Oh, wait, her??
Posted by: Sir Mix-A-Lot at January 27, 2021 07:02 PM (sy5kK)
If you want to hurt big woke tech or Wall Street, by all means do it. But how many of you have even cancelled your Amazon, your twitter, your FB, etc? Not the majority, I'd wager. Oh, but let's all cheer for reddit basement dwellers with a robinhood account who think they can play the long-short game.
Posted by: SMFH at January 27, 2021 06:59 PM (Nqq7o)
You fundamentally don't understand where you are, boomer. This is the end game, and it's all a joke now.
Posted by: DFCtomm at January 27, 2021 07:02 PM (50gG9)
What will 3 George W's and one Andrew Jackson get me?
Posted by: Swingin' for the downs at January 27, 2021 06:58 PM
Same as you can get in town and a cuppa joe afterward.
Posted by: RedMindBlueState at January 27, 2021 07:02 PM (is2TJ)
Posted by: Count de Monet in exile at his Fortress of Solitude at January 27, 2021 07:02 PM (4I/2K)
A ziplock baggie containing ten 9mm ball cartridges.
Posted by: bonhomme at January 27, 2021 07:03 PM (UW2ZS)
it is anything but illgl as hell, there are many situatin in which the sec is fine with it? nice research there
Posted by: confederatefifth at January 27, 2021 06:58 PM (4Jold)
I read everything at not only that link but the links through it so, yes, you are correct that it is nice research. The point of linking you to that, in particular, was to buttress my assertion that the default is illegal but there are multitudinous exceptions carved out for the players of the game. But you keep being all next Tuesday, summer child.
Namaste.
Posted by: alexthechick - Boobs and hysteria at January 27, 2021 07:03 PM (GbPPJ)
The Reddits were also buying up AMC Theaters stock, everyone knows who they are. Everyone knows that AMC is a dead company walking but it's funny that a large group of deplorables caught the hedge funds with their pants down
Posted by: kbdabear at January 27, 2021 07:03 PM (qAR6u)
I have quit twatter and several other social media platforms.....
I call my shots on Bezosland....
Quit blowing out the leftoids' morality pets' matches....they want chaos give it to them.
Posted by: sven at January 27, 2021 07:03 PM (Lzpvj)
Posted by: I am the Shadout Mapes, Salute The Marines at January 27, 2021 07:03 PM (PiwSw)
Again, you're assuming everyone on wall street is a "good actor." And I get that -- I have friends and family who work in the industry who say exactly what you're saying.
but assume for a second that not everyone is as honest as you are. Do you not see how, potentially, that could be misused to divert people's retirement funds and other assets under management in to stocks that someone at a hedge fund or other institutional investor is planning on shorting, then they pull out at a slight loss (which they can make up later on the other side of this kind of deal), which drives the price down, causes panic selling and helps the person with the short position?
Posted by: Harry Paratestes at January 27, 2021 07:00 PM (UPoLF)
Most of the allocation tendencies of the institutions are pretty public. The market is even majority indexed not including closet indexers at this point iirc. Which is to say there is no decision making involved in investing tons of money.
Pretty much the only group of people who could do what you're describing is personal financial advisors. Nobody else has that degree of discretion and also manages retirement funds.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:03 PM (Zm+LZ)
Lace Wigs !
The smart money is on Machines for Sale.
Posted by: Notorious BFD
My portfolio of Cat Filters laughs at your Machines for Sale.
Posted by: IllTemperedCur at January 27, 2021 07:03 PM (EGyGV)
Posted by: UGAdawg at January 27, 2021 06:59 PM (tRd71)
See: Germany.
Posted by: Sir Mix-A-Lot at January 27, 2021 07:03 PM (sy5kK)
For years I thought I was really smart and managed my own portfolio but after a few big misses( world com and Easter airlines) I left Merril Lynch where my stockbroker was making money but I wasn't and went to Fidelity. These are the big guys and they know what they are doing.
I had a client once who worked for Fidelity as a fund monitor. His job was to make sure that the fund managers were doing things on the up and up....every day.
If you go this route though, you have to sit tight and wait out market volatility.
Posted by: Sharon(willow's apprentice) at January 27, 2021 07:03 PM (sd8p8)
Posted by: Skip at January 27, 2021 06:57 PM (Cxk7w)
DJT has the GOP by the balls. Whoever he endorses, I'll vote for; anyone else will go the way of Rob Portman.
Posted by: Captain Hate Won't Forget Ashli Babbitt at January 27, 2021 07:04 PM (y7DUB)
Posted by: Deplorable Jay Guevara at January 27, 2021 06:59 PM (VnqPw)
No? So if I run a large institutional fund with billions of dollars, and I invest in a stock, and my analysists go on CNBC and hype this stock up, and a bunch of people move in to it, then my buddy at the hedge fund the floor above me takes out a large amount of shorts, then I pull my investments out (lowering the stock price), and my analysist then go on CNBC and say "this stock is a sell!" and all the hosts repeat "Harry Parateses' fund has pulled out of this stock due to concerns about long term viability!" and retail investors and others not "in the know" panic sell and the hedge fund cleans up on their shorts ... that scenario is just not possible to you?
Or how about if a stock is shorted at 140% of float and NO ONE on wall street "notices" and goes for the obvious short squeeze, and only some retards on reddit see it?
Posted by: Harry Paratestes at January 27, 2021 07:04 PM (UPoLF)
Yes, most people are frogs crossing the river with scorpions (politicians) on their backs.
The scorpions sting because that is their nature.
Posted by: whig at January 27, 2021 07:04 PM (pO7gM)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:00 PM (Zm+LZ)
But that doesn't include the value of your home, does it? Half of coastal California would then qualify, even if they were broke otherwise. I thought the $1 MM requirement had to be met by (relatively) liquid assets, e.g, stocks and bonds.
But you're obviously more knowledgeable about this than I am.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:04 PM (VnqPw)
Posted by: runner at January 27, 2021 07:02 PM (zr5Kq)
One for 9mm
One for .308
One for .45
Posted by: Diogenes at January 27, 2021 07:04 PM (axyOa)
Posted by: Ben Had at January 27, 2021 06:52 PM (s2D1h)
----
Thank you. Tragic it was!
Posted by: Weasel at January 27, 2021 07:02 PM (MVjcR)
You too???
Thjought it was just me with bad balance in a canoe. Eveyr gun I had...sad.
Related: I am wondering if the states will protect their citizen's rights to bear arms when the time comes, because the Fed is eyeballing that 200 buck per gun tax. 10K if you refuse. 10 years in the pen on top of that.
I do hope someone is paying attention.
Posted by: AlaBAMA at January 27, 2021 07:04 PM (CYgrT)
Posted by: Swingin' for the downs at January 27, 2021 06:58 PM
Same as you can get in town and a cuppa joe afterward.
Posted by: RedMindBlueState at January 27, 2021 07:02 PM (is2TJ)
=======
I should have known. *facepalm*
Posted by: Swingin' for the downs at January 27, 2021 07:04 PM (VbCZe)
I thought Mitt wears dedicated shorts
Posted by: Brother Northernlurker just another guy at January 27, 2021 07:04 PM (lgiXo)
Posted by: J.J. Sefton at January 27, 2021 07:04 PM (s2VJv)
Posted by: motionview at January 27, 2021 07:04 PM (pYQR/)
Posted by: Somewhere South of I-80 at January 27, 2021 07:02 PM (uxUoN)
Game stop was Wallstreet being sloppy because they thought nobody was looking. They got caught on the toilet with the bathroom door open because they thought nobody was in the building. The best and the brightest.
Posted by: DFCtomm at January 27, 2021 07:05 PM (50gG9)
Posted by: Weasel at January 27, 2021 06:50 PM
Shouldn't you be showrunning with your Executive Producer and Director of Security?
Posted by: Duncanthrax at January 27, 2021 07:05 PM (DMUuz)
Posted by: Ben Had at January 27, 2021 06:52 PM (s2D1h)
----
Thank you. Tragic it was!
Posted by: Weasel
---
I did warn you about taking your safe's out canoeing....
Posted by: lin-duh 27-4 at January 27, 2021 07:05 PM (UUBmN)
Jen's got circleback
she didn't wear a mask last time, and now she's got the 'back
Posted by: DB- just DB at January 27, 2021 06:46 PM (iTXRQ)
=============================
When a circleback collides with a nickelfucker, it's like crossing the beams, man.
Posted by: mrp at January 27, 2021 07:05 PM (Pqytn)
Posted by: Dr. Bone at January 27, 2021 07:05 PM (03n3v)
4 👀
Posted by: runner at January 27, 2021 07:06 PM (zr5Kq)
Bernie getting bounced out of the 2016 and 2020 primaries and Trump having 2020 stolen all happened because of these Wall Street fuckeroons and the gutless grifters in both parties that they control. I'm perfectly fine with whomever hurts them as long as they hurt.
Posted by: Ian S. at January 27, 2021 07:06 PM (6XLoz)
It was like watching PBS teaching wine moms how to torture.
The crying, blood running, honking.
Posted by: humphreyrobot at January 27, 2021 07:06 PM (A7NUp)
Posted by: SMFH at January 27, 2021 06:59 PM
So I am not allowed to root for the enemy of my enemy? I have to support some idiots who run a hedge fund because they are being killed by some gamers? Here's a hint: Both the hedge fund people and the leftist Jacobins hate me. I want to see them both lose.Right now the hedge funds and martha's vineyard douchebags are the bigger enemy because they pay off the Republicans in the senate to vote against my interests. Fuck them both. Burn baby burn.
Posted by: Chuck C at January 27, 2021 07:06 PM (awtm/)
Whoa. When asked about the workers who lost jobs due to Climate Cange EO's.... John Kerry respinds.....
"They should have made better choices".
Posted by: fixerupper at January 27, 2021 07:06 PM (8ldDC)
The GOPe still hasn't fully grasped that he's willing to drive the party plane into the ground in a game of chicken. He will survive. They won't. This shouldn't be difficult.
Posted by: pep at January 27, 2021 07:06 PM (v16oJ)
Posted by: Count de Monet in exile at his Fortress of Solitude at January 27, 2021 07:02 PM (4I/2K)
=====
So you're saying, the "Hope Solo" treatment?
Posted by: Swingin' for the downs at January 27, 2021 07:06 PM (VbCZe)
Posted by: Joe XiDen at January 27, 2021 07:06 PM (p847M)
Posted by: I am the Shadout Mapes, Salute The Marines at January 27, 2021 07:03 PM (PiwSw)
And was really really bad at his job, at least at one point.
Posted by: Captain Hate Won't Forget Ashli Babbitt at January 27, 2021 07:06 PM (y7DUB)
Posted by: Skip at January 27, 2021 07:07 PM (Cxk7w)
Posted by: runner at January 27, 2021 07:07 PM (zr5Kq)
Posted by: I am the Shadout Mapes, Salute The Marines at January 27, 2021 07:03 PM (PiwSw)
Past tense now, I believe. His "hedge fund" aka "money laundering scheme" went tits up after getting in on the ground floor of those good good Greek bonds.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:07 PM (VnqPw)
Posted by: Drink Like Vikings at January 27, 2021 07:07 PM (HtCML)
Money Inc has decided to weaponize the business world against the American people's liberty.
I now have no further f^cks to give about defending their greed.
Posted by: sven at January 27, 2021 07:07 PM (Lzpvj)
Posted by: will choose a nic later at January 27, 2021 07:08 PM (r4bSV)
Shouldn't you be showrunning with your Executive Producer and Director of Security?
Posted by: Duncanthrax at January 27, 2021 07:05 PM (DMUuz)
-----
Well yes, yes I should!
Posted by: Weasel at January 27, 2021 07:08 PM (MVjcR)
A concise and insightful summation.
Posted by: Notorious BFD at January 27, 2021 07:08 PM (W4eKo)
Posted by: Ian S. at January 27, 2021 07:06 PM (6XLoz)
Yeah, I'm kind of 100% on board with this.
I understand that this stuff may seem complicated, and / or against our general "let the market work itself out" attitude, but I mean...
a) despite what financial advisors tell you, this is not that complicated
and
b) we're not operating in anywhere near a free market here.
Posted by: Harry Paratestes at January 27, 2021 07:08 PM (UPoLF)
Posted by: Captain Hate Won't Forget Ashli Babbitt at January 27, 2021 07:06 PM (y7DUB)
Depends on what his job was. If it were to make money for his investors, yes.
If it were to launder money to channel to politicians to buy influence, then he did a great job. If that should be the case, what he did was akin to claiming to the authorities that your guns were all lost in a canoe accident.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:09 PM (VnqPw)
Posted by: Joe XiDen at January 27, 2021 07:09 PM (p847M)
Posted by: mindful webworkerUntied States Citizen
at January 27, 2021 07:09 PM (rTqAd)
Posted by: MAGA (stop the steal link in this nic) at January 27, 2021 07:09 PM (qI4CY)
Posted by: Sharon(willow's apprentice) at January 27, 2021 07:09 PM (sd8p8)
Posted by: Swingin' for the downs at January 27, 2021 07:06 PM (VbCZe)
I suddenly feel a trip to Arby's coming on......
Nice pink roast beef layered tenderly on top of an onion roll slathered with tangy white horsey sauce.
Posted by: Hairyback Guy at January 27, 2021 07:09 PM (R/m4+)
Or how about if a stock is shorted at 140% of float and NO ONE on wall street "notices" and goes for the obvious short squeeze, and only some retards on reddit see it?
Posted by: Harry Paratestes at January 27, 2021 07:04 PM (UPoLF)
Hedge funds do press releases to intentionally move the stock prices of companies they're short. Large institutional funds and hedge funds typically aren't operating in the same plane though. A mutual fund can't do shorting at all, while a hedge fund can practically do anything.
The only people who could practically do what you're talking about to a hedge fund(that is a sudden concentrated position in a stock to break shorts) are other hedge funds or a very wealthy private individual. It does happen sometimes but not often.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:09 PM (Zm+LZ)
Our son told us about this on Friday. I wish we would have waited one more day to sell but we still made money and I'm happy this happened.
Posted by: CaliGirl at January 27, 2021 07:10 PM (MYL08)
Posted by: Cat Ass Trophy at January 27, 2021 07:10 PM (xDpty)
A concise and insightful summation.
Posted by: Notorious BFD
----
So she was punished with a child....///
Posted by: lin-duh 27-4 at January 27, 2021 07:10 PM (UUBmN)
Posted by: Ben Had at January 27, 2021 07:10 PM (s2D1h)
Posted by: SMFH at January 27, 2021 06:59 PM
Also, I hang out at WSB. I've said it before and I'll say it again, these people are not at all leftists. Not quite on our page, but they're mostly 4chan people, who go around calling each other "retards" and joking about their wives' boyfriends, and are about as not PC as you can get. They're the ones who won the meme war for us back in 2016, and many of them are former r/thedonald people.
Posted by: Harry Paratestes at January 27, 2021 07:10 PM (UPoLF)
Bingo bango. We are nowhere near a free market right now. So spare me all the muhCapitalism talk Conservative, Inc.
Posted by: Joe XiDen at January 27, 2021 07:10 PM (p847M)
Posted by: Duke Lowell at January 27, 2021 07:11 PM (kTF2Z)
The money they're "making" at the expense of Wall Street is only real when they decide to sell their inflated US Mall Retail store videogame shop stock.
If you want to hurt big woke tech or Wall Street, by all means do it. But how many of you have even cancelled your Amazon, your twitter, your FB, etc? Not the majority, I'd wager. Oh, but let's all cheer for reddit basement dwellers with a robinhood account who think they can play the long-short game.
Posted by: SMFH
sorry about your shorts
Posted by: x4 at January 27, 2021 07:11 PM (0tE/i)
It's only going to get worse.
Posted by: LeftCoast Dawg at January 27, 2021 07:11 PM (sy5kK)
------------------
It came from an amalgam, it came from the, right and now it's come from the left.
Sure are a lot of fed up people.
Posted by: Braenyard, Patriot dog at January 27, 2021 07:11 PM (nhBb/)
This will be the official, sanctioned rationale for all that is to come.
Posted by: Notorious BFD at January 27, 2021 07:11 PM (W4eKo)
Posted by: Count de Monet in exile at his Fortress of Solitude at January 27, 2021 07:11 PM (4I/2K)
The Reddits were also buying up AMC Theaters
stock, everyone knows who they are. Everyone knows that AMC is a dead
company walking but it's funny that a large group of deplorables caught
the hedge funds with their pants down
Posted by: kbdabear at January 27, 2021 07:03 PM (qAR6u)
The WallStreetBets discord server was banned about an hour ago and both GME and AMC are crashing hard after-hours.
Posted by: Brian in New Orleans at January 27, 2021 07:11 PM (IbxQb)
Where do they all come from?
Posted by: Braenyard, Patriot dog at January 27, 2021 07:11 PM (nhBb/)
Posted by: thathalfrican - The One at January 27, 2021 07:11 PM (a8b7P)
Posted by: Drink Like Vikings at January 27, 2021 07:07 PM (HtCML)
Kind of a younger Rosa Klebb without the Coke bottle glasses. More appeal when she was lactating.
Posted by: J.J. Sefton at January 27, 2021 07:12 PM (s2VJv)
Namaste.
Posted by: alexthech
maybe you just did not understand what you read
Posted by: confederatefifth at January 27, 2021 07:12 PM (4Jold)
Posted by: Nevergiveup at January 27, 2021 07:12 PM (OVEfo)
Posted by: motionview at January 27, 2021 07:12 PM (pYQR/)
Posted by: Sharon(willow's apprentice) at January 27, 2021 07:12 PM (sd8p8)
I just want to keep what's mine while watching them starve to death.
Not that I'm pissed at them or anything.
Posted by: Meade Lux Lewis, Domestic Terrorist at January 27, 2021 07:12 PM (sWM8x)
Posted by: Cat Ass Trophy at January 27, 2021 07:12 PM (xDpty)
I'm not even joking. Why isn't that a policy plank?
Posted by: Dr. DJ3Way at January 27, 2021 07:13 PM (bhPL1)
Posted by: sock_rat_eez at January 27, 2021 07:13 PM (PpU3N)
Posted by: Nevergiveup at January 27, 2021 07:12 PM (OVEfo)
Pro Tip: Check Private Pyle's footlocker...
Posted by: J.J. Sefton at January 27, 2021 07:13 PM (s2VJv)
Posted by: G'rump928(c) at January 27, 2021 07:13 PM (yQpMk)
--
We are never in short supply of clever wordsmiths here at the AoS HQ, that's for sure.
Posted by: Lady in Black at January 27, 2021 07:13 PM (O+I8R)
I've often wondered what would happen if investment companies just decided to stop paying people they don't like, once they sell their stock. It's obvious many investment managers believe they should get all the profits and actual middle-class investors shouldn't.
Posted by: qdpsteve at January 27, 2021 07:13 PM (L2ZTs)
Yea, it's on paper, but I'm dubious whether or not I'll recover the losses. Not for me... it would have gone towards the kids, grandkids, etc. so they could stave off the communists for a little while.
So, IMO sometimes "sticking it to the man" has a trickle down effect that bites you in the ass.
Posted by: Martini Farmer - Now a Pirate, Hoisting the Black Flag at January 27, 2021 07:13 PM (3H9h1)
Posted by: Notorious BFD at January 27, 2021 07:14 PM (W4eKo)
Posted by: Ghost of Lee Atwater at January 27, 2021 07:14 PM (nu45M)
Posted by: Nevergiveup at January 27, 2021 07:12 PM (OVEfo)
What donuts?
Posted by: Super Patriot Lt. Col. Bearclaw at January 27, 2021 07:14 PM (PiwSw)
---------
You got stuffed in your locker a lot as a kid, didn't you?
Posted by: Duke Lowell at January 27, 2021 07:14 PM (kTF2Z)
I hope this is a permanent slot for her.
Posted by: redridinghood at January 27, 2021 07:14 PM (NpAcC)
Posted by: Olsen Johnson at January 27, 2021 07:14 PM (63Dwl)
Two Nobel Laureates in economics (IIRC), a bunch of the best and brightest in the financial world ... got their tit caught in a ringer when the Russians defaulted on their debt, which took down LTCM in a heartbeat.
Correlated risks ... not good.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:14 PM (VnqPw)
Because 1/2 the country has been brain washed into thinking that high taxes on Bezos and Cuckerberg equals communism. I myself fell into that half til not too long ago.
Posted by: Joe XiDen at January 27, 2021 07:14 PM (p847M)
Posted by: sock_rat_eez at January 27, 2021 07:13 PM (PpU3N)
Nothing like a street pork chop sandwich with a mess of onions.
Posted by: motionview at January 27, 2021 07:15 PM (pYQR/)
Posted by: Cat Ass Trophy at January 27, 2021 07:15 PM (xDpty)
Yea, it's on paper, but I'm dubious whether or not I'll recover the losses. Not for me... it would have gone towards the kids, grandkids, etc. so they could stave off the communists for a little while.
So, IMO sometimes "sticking it to the man" has a trickle down effect that bites you in the ass.
Posted by: Martini Farmer - Now a Pirate, Hoisting the Black Flag at January 27, 2021 07:13 PM (3H9h1)
Any market freakout is largely unrelated to this.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:15 PM (Zm+LZ)
Has anyone correlated the angle of sag in Psaki's tits and economic growth rate?
Posted by: Semi-Literate Thug at January 27, 2021 07:15 PM (VjzMV)
Stronger than corruption, stupidity, malevolence, incompetence and titanium.
Zombie Adolph Hitler just emailed to say: "If only I was a woman with an all powerful Aryan vagina, Germany would have won the war!!"
Posted by: Sharkman at January 27, 2021 07:15 PM (Q9TiZ)
Posted by: Nevergiveup at January 27, 2021 07:12 PM (OVEfo)
======
Did you say donuts? Hey there, big sailor!
Posted by: Meghan McCain at January 27, 2021 07:15 PM (VbCZe)
Posted by: Cat Ass Trophy at January 27, 2021 07:12 PM (xDpty)
Yes, of course it's fine for people who do whatever the most powerful voices on wall street want to say whatever. But as soon as a normie points something out, then it's a huge problem. "hey guys, this stock is shorted to 140% of float (rocket ship rocket ship diamond hands emojis)" is of course more problematic then a cable TV channel allowing all kinds of assholes with skin in the game to talk about what stocks they think should be bought and sold, because of course those guys are honest with us while the guy throwing his $600 stimulus check at a stock and posting about it on the internet is a threat to our democracy.
Posted by: Harry Paratestes at January 27, 2021 07:15 PM (UPoLF)
It's only going to get worse.
Posted by: LeftCoast Dawg at January 27, 2021 07:11 PM (sy5kK)
-------
I really should put something into the Gun Thread about that sometime.
Posted by: Weasel at January 27, 2021 07:15 PM (MVjcR)
Posted by: Ben Had at January 27, 2021 07:15 PM (s2D1h)
Posted by: Brian in New Orleans at January 27, 2021 07:11 PM (IbxQb)
I've already seen two or three stories about the autists cashing out to pay for a new hip for their grandmother. These nerds may live in a basement but they aren't stupid. I'm sure there are some normies piling in now who are going to get soaked, but most of the guys who started this are probably already gone with thousands of dollars of hedge fund cash.
Posted by: DFCtomm at January 27, 2021 07:16 PM (50gG9)
Posted by: LASue at January 27, 2021 07:16 PM (Ed8Zd)
Posted by: Martini Farmer - Now a Pirate, Hoisting the Black Flag at January 27, 2021 07:13 PM
The stock had a 150% short interest. The reddit autists did not do that, the hedge funds did. Blame them.
Posted by: Chuck C at January 27, 2021 07:16 PM (awtm/)
Which is why I am out of f*cks to give comrade....
They want "democratic-socialism?"
Give them legit communism.
Posted by: sven at January 27, 2021 07:16 PM (Lzpvj)
Posted by: Weasel at January 27, 2021 07:15 PM (MVjcR)
While you are at it, can you figure out how to get ammo shipped to AK? So far, nobody will do that.
Posted by: tcn in AK, Hail to the Thief at January 27, 2021 07:16 PM (okGHj)
Posted by: Ghost of Lee Atwater at January 27, 2021 07:14 PM (nu45M)
Wall Street generally is donates even more heavily to Democrats. (See opensecrets.org). You know why.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:16 PM (VnqPw)
Posted by: Ziba at January 27, 2021 07:17 PM (S1hrL)
Posted by: Weasel at January 27, 2021 07:15 PM (MVjcR)
If only someone had been warning us and encouraging the purchase of ammo.
Posted by: Diogenes at January 27, 2021 07:17 PM (axyOa)
Wish someone had given me a heads up that this was going down because I could have made a million with that insanity, and no thats not a typo.
Posted by: My Ding A Ling at January 27, 2021 07:17 PM (XqxgX)
Give them legit communism.
Posted by: sven at January 27, 2021 07:16 PM (Lzpvj)
There is nothing democratic about socialism. The game where they take all your money and give you bupkis is socialism, whether you vote for it or not.
Posted by: tcn in AK, Hail to the Thief at January 27, 2021 07:17 PM (okGHj)
Posted by: LASue at January 27, 2021 07:17 PM (Ed8Zd)
f(x) = (.)(.) x (o) (o)
Posted by: fixerupper at January 27, 2021 07:17 PM (8ldDC)
I wonder if Katie Pavlich will be able to mention her new book declaring GW nonsense, and now being pulled off of Amazon, on her FIX News shows that she is part of.
Posted by: LeftCoast Dawg at January 27, 2021 07:17 PM (sy5kK)
Posted by: Weasel at January 27, 2021 07:15 PM (MVjcR)
If only someone had been warning us and encouraging the purchase of ammo.
Posted by: Diogenes at January 27, 2021 07:17 PM (axyOa)
---------
Right?!
Posted by: Weasel at January 27, 2021 07:18 PM (MVjcR)
Posted by: fixerupper at January 27, 2021 07:18 PM (8ldDC)
But is she really female?
Posted by: Ziba at January 27, 2021 07:17 PM (S1hrL)
San Fran Nan told us there are no women or men anymore, so who cares what the Treasure Secretary has under her skirt. It's all that same, doncha know.
Posted by: tcn in AK, Hail to the Thief at January 27, 2021 07:18 PM (okGHj)
Posted by: Martini Farmer - Now a Pirate, Hoisting the Black Flag at January 27, 2021 07:13 PM (3H9h1)
Well, maybe you should be angry at the hedge funds who decided to short a stock at 140% above float, and not the people who noticed it.
Also, while I think the downward trend of the market is likely a reflection of funds getting nervous at how ludicrously exposed they are, they will never admit that that's what happened today.
Posted by: Harry Paratestes at January 27, 2021 07:18 PM (UPoLF)
Posted by: Cat Ass Trophy at January 27, 2021 07:12 PM (xDpty)
It's a pons asinorum. If you're stupid enough to make financial decisions based on some retard ranting on TV, you deserve to get hosed. Even if he's right, you're too late at that point.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:18 PM (VnqPw)
Posted by: Martini Farmer - Now a Pirate, Hoisting the Black Flag at January 27, 2021 07:18 PM (3H9h1)
Posted by: Cat Ass Trophy at January 27, 2021 07:15 PM (xDpty)
Yeah The Deputy Corp Chief is going on terminal leave in June, so she is happy also. I am actually keeping my weight down nicely and staying in decent shape...well for 66
Posted by: Nevergiveup at January 27, 2021 07:18 PM (OVEfo)
But is she really female?
Posted by: Ziba at January 27, 2021 07:17 PM (S1hrL)
Maybe. Maybe not. Who cares what's between her legs- I care what's between her ears.
Posted by: LASue at January 27, 2021 07:19 PM (Ed8Zd)
After 125 years (minus prohibition)Olympia beer is halting production.
Sadz.
Posted by: Diogenes at January 27, 2021 07:19 PM (axyOa)
Posted by: G'rump928(c) at January 27, 2021 07:13 PM (yQpMk)
--------------
Right. Everytime this happens it encourages another bright idea. And the people are ready for it.
Posted by: Eighth grade grammar class with a bitch teacher at January 27, 2021 07:19 PM (nhBb/)
given how badly debauched the vote is why not let the "designated heroes" of AntiFa have their way and "eat the rich."
I DO NOT NEED NOR DESIRE MASSIVE WEALTH.
I am a very financially comfortable person, I have also been a dead broke drunk who lived in a cardboard recycling dumpster.
I will survive a lot easier than a Hamptons type.
Posted by: sven at January 27, 2021 07:20 PM (Lzpvj)
Posted by: Deplorable Jay Guevara at January 27, 2021 07:16 PM (VnqPw)
That's just one reason why I'm not shedding a single, solitary tear for these pieces of crap.
Posted by: Ghost of Lee Atwater at January 27, 2021 07:20 PM (nu45M)
Posted by: Harry Paratestes at January 27, 2021 07:18 PM (UPoLF)
Yeah, my biggest loss today was in Europe/Pacific stocks.
I don't see how GME caused that.
Posted by: G'rump928(c) at January 27, 2021 07:20 PM (yQpMk)
Posted by: tcn in AK, Hail to the Thief at January 27, 2021 07:16 PM
*waves from MA*
I feel your pain.
Posted by: RedMindBlueState at January 27, 2021 07:20 PM (is2TJ)
"Pelosi will be happy if you don't vote GOP" v. 2.0
This is as capitalist a maneuver as it gets. Supply and demand.
There will be a heavy demand for GameStop shares directly, and good capitalists have cornered the market.
Posted by: Bitter Clinger at January 27, 2021 07:20 PM (jk7Q4)
Posted by: My Ding A Ling at January 27, 2021 07:17 PM (XqxgX)
I've known about this squeeze for almost a month. The reason I (and a lot of other people) didn't get involved, is because everyone as WSB knows that a lot of retail investors are going to lose a lot of money over this. And I just don't have the spare cash right now.
A lot of them did.
Sure, some are in it for the money, but most are in it to try to expose this nonsense to the rest of the world. Most of WSB is not going to sell, and is going to take down these hedge funds with them.
Posted by: Harry Paratestes at January 27, 2021 07:20 PM (UPoLF)
After 125 years (minus prohibition)Olympia beer is halting production.
Sadz.
Posted by: Diogenes at January 27, 2021 07:19 PM (axyOa)
The piss water of Tumwater? What will dirt poor high school students at outdoor keggars use to get drunk?
Posted by: LASue at January 27, 2021 07:20 PM (Ed8Zd)
f(x) = (.)(.) x (o) (o)
Posted by: fixerupper at January 27, 2021 07:17 PM (8ldDC)
So, if a newsperson were to tell her to calm her tits, wouldn't this equation be null and void?
Posted by: tcn in AK, Hail to the Thief at January 27, 2021 07:21 PM (okGHj)
i think we call that "canadian cleavage" down here in the states.
Posted by: Comrade Anachronda, behind the Newsom curtain at January 27, 2021 07:21 PM (sGtp+)
DC is Hollywood for ugly people.
Wall Street is Hollywood for nerds who are good at math and like money.
Posted by: qdpsteve at January 27, 2021 07:21 PM (L2ZTs)
Posted by: Ghost of Lee Atwater at January 27, 2021 07:14 PM (nu45M)
I don't know how much that says about politics though, it's quite possibly just a business decision for them. GOP advertises that it isn't a threat to them, so they give a few a small bribe to keep them loyal. Dems demand large bribes or else they'll threaten to send the OWS hobos back in along with the requisite wall to wall media coverage of their glorious struggle.
Posted by: Sjg at January 27, 2021 07:21 PM (gDSJf)
Posted by: Martini Farmer - Now a Pirate, Hoisting the Black Flag at January 27, 2021 07:13 PM (3H9h1)
I'm so fucking jaded on what the Uniparty has done to the economy and money supply (2010 was surely too late already but that geeky fuck, Paul Ryan, spearheaded the GOP blowing up Gaylord in the midterms with his power of the purse dogshit and still never produced a single fucking budget) that when something like this happens I'm just glad I didn't need a quick cash fix.
Posted by: Captain Hate Won't Forget Ashli Babbitt at January 27, 2021 07:21 PM (y7DUB)
Posted by: Mishdog at January 27, 2021 07:21 PM (F/Rk0)
Posted by: Rando East Texas Poster at January 27, 2021 07:21 PM (xceTB)
Posted by: Harry Paratestes at January 27, 2021 07:18 PM (UPoLF)
Yeah, my biggest loss today was in Europe/Pacific stocks.
I don't see how GME caused that.
Posted by: G'rump928(c) at January 27, 2021 07:20 PM (yQpMk)
Good rule of thumb is that less than a 3% move is just noise. There'll be all sorts of articles "explaining" it but they're bullshit.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:21 PM (Zm+LZ)
Yea, it's on paper, but I'm dubious whether or not I'll recover the losses. Not for me... it would have gone towards the kids, grandkids, etc. so they could stave off the communists for a little while.
So, IMO sometimes "sticking it to the man" has a trickle down effect that bites you in the ass.
Posted by: Martini Farmer - Now a Pirate, Hoisting the Black Flag
the market is at an all time high. if you are talking about the movement of the last few days, then you shouldn't be in the market at all.
Posted by: x4 at January 27, 2021 07:21 PM (0tE/i)
Yeah, you guys really let me down.
Be better.
Posted by: G'rump928(c) at January 27, 2021 07:21 PM (yQpMk)
Posted by: LASue at January 27, 2021 07:20 PM (Ed8Zd)
Oh c'mon now, "It's the water......and a lot more."
Posted by: tcn in AK, Hail to the Thief at January 27, 2021 07:22 PM (okGHj)
Yea, it's on paper, but I'm dubious whether or not I'll recover the losses. Not for me... it would have gone towards the kids, grandkids, etc. so they could stave off the communists for a little while.
So, IMO sometimes "sticking it to the man" has a trickle down effect that bites you in the ass.
That's what a lot of these dumbasses like X4 think. "Oh, if it hurts some hedgefund manager then "yay!" It's like Cheering for antifa to burn down a city because it's full of blue voters. As if that does anything constructive. What happens is that these "evil fund managers" (who - FOR THE RECORD: deserve to get fucked for their greed and stupidity) now have to dump quality assets into the markets to cover their shorts. That means the assets YOU OWN are now devalued (at least in the short term.) And none of this is because Gamestop is a good buy. It's pure malevolent malice. It's ANTIFA with a fucking eTrade account.
Posted by: SMFH at January 27, 2021 07:22 PM (Nqq7o)
is likely a reflection of funds getting nervous at how ludicrously
exposed they are, they will never admit that that's what happened today.
Posted by: Harry Paratestes at January 27, 2021 07:18 PM (UPoLF)
Hedge funds being crushed by the short squeeze have to liquidate their strong positions to meet margin or stay solvent in general. This was absolutely going to have a ripple-effect, that was kind of the point of the movement that piled in to GME/AMC.
Posted by: Brian in New Orleans at January 27, 2021 07:23 PM (IbxQb)
It is because common people figured out to game a system run by our betters. They're scared.
My wealth manager, who oversees my portfolio, actually called me today, out of the blue, to discuss this.
So, no, it's not "unrelated."
Posted by: Martini Farmer - Now a Pirate, Hoisting the Black Flag at January 27, 2021 07:23 PM (3H9h1)
I dunno. Can you GET Old Milwaukees Best in kegs?
Posted by: fixerupper at January 27, 2021 07:23 PM (8ldDC)
Posted by: sock_rat_eez at January 27, 2021 07:23 PM (PpU3N)
After 125 years (minus prohibition)Olympia beer is halting production.
Sadz.
Posted by: Diogenes at January 27, 2021 07:19 PM (axyOa)
*pausing for a minute of silence*
Posted by: LeftCoast Dawg at January 27, 2021 07:23 PM (sy5kK)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:15 PM (Zm+LZ)
I read that these funds had to liquidate a lot of their long stocks in order to get the cash to get out of their shorts, hence an overall decline.
What the autists have made abundantly clear is that the stock market, like most everything else in our clown world, is fake and gay.
Posted by: Ghost of Lee Atwater at January 27, 2021 07:23 PM (nu45M)
Posted by: LASue at January 27, 2021 07:20 PM (Ed8Zd)
Yes although the tumwater brewery closed years ago. High school students and U of W hit hardest.
We Cougs were weaned on Coors.
Posted by: Diogenes at January 27, 2021 07:24 PM (axyOa)
Posted by: These fish sticks are hard as tits at January 27, 2021 07:24 PM (3AD8C)
Posted by: qdpsteve at January 27, 2021 07:21 PM (L2ZTs)
Clearly not *that* good at math.
Posted by: Harry Paratestes at January 27, 2021 07:24 PM (UPoLF)
Yes it is AntiFa with a Robin Hood account....
did you miss AntiFa getting to play "do whatever the f*ck we want" for a year?
Why not get their donor class in on the fun?
Posted by: sven at January 27, 2021 07:24 PM (Lzpvj)
Posted by: SMFH at January 27, 2021 07:22 PM (Nqq7o)
Are you a hedge fund manager, do you have a lot of shorts, or are you just someone who watches CNBC and takes everything they say as gospel?
Like I hate being a dick here, but your view on this is completely disconnected from reality.
Posted by: Harry Paratestes at January 27, 2021 07:25 PM (UPoLF)
https://twitter.com/MopRocks/status/
1354480333362753536
with its owner.
Posted by: andycanuck at January 27, 2021 07:25 PM (d6he9)
Posted by: Skip at January 27, 2021 07:25 PM (Cxk7w)
"They should have made better choices".
Posted by: fixerupper at January 27, 2021 07:06 PM (8ldDC)
THIS kind of shit is why they insist on keeping the NG in DC.
Posted by: LASue at January 27, 2021 07:25 PM (Ed8Zd)
Posted by: Ghost of Lee Atwater at January 27, 2021 07:23 PM (nu45M)
Playing the market is gambling, with the same outcomes as gambling. Somebody always gets paid, but it probably won't be you.
Don't risk anything you can't afford to lose.
Posted by: tcn in AK, Hail to the Thief at January 27, 2021 07:26 PM (okGHj)
Posted by: Eighth grade grammar class with a bitch teacher at January 27, 2021 07:26 PM (nhBb/)
Posted by: G'rump928(c) at January 27, 2021 07:26 PM (yQpMk)
Posted by: Cosmic Charlie at January 27, 2021 07:26 PM (PUmDY)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:15 PM (Zm+LZ)
I read that these funds had to liquidate a lot of their long stocks in order to get the cash to get out of their shorts, hence an overall decline.
What the autists have made abundantly clear is that the stock market, like most everything else in our clown world, is fake and gay.
Posted by: Ghost of Lee Atwater at January 27, 2021 07:23 PM (nu45M)
Total value of the US stock market is 85 Trillion. Total value of all hedge funds, most of which isn't dedicated short bias, is 3.1 Trillion. The psychological effect might be that large but the actual selling pressure shouldn't be that large.
Market cap of Gamestop is 24B, so 1.4*24B means that 34B of other stuff would've needed to be sold.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:26 PM (Zm+LZ)
What the autists have made abundantly clear is that the stock market, like most everything else in our clown world, is fake and gay.
Posted by: Ghost of Lee Atwater at January 27, 2021 07:23 PM (nu45M)
Agreed. The stock market is both fake and gay. And I question people who are acting like they don't understand what happened here. It's very easy to understand.
Posted by: Harry Paratestes at January 27, 2021 07:27 PM (UPoLF)
"They should have made better choices".
Posted by: fixerupper at January 27, 2021 07:06 PM (8ldDC)
THIS kind of shit is why they insist on keeping the NG in DC.
Posted by: LASue at January 27, 2021 07:25 PM (Ed8Zd)
Wow. If I'm ever in a room with that bastard I WILL slap his stupid face.
Of course, he won't feel it because of all the botox, but I will do it, and do it on camera. National Guard be damned.
Posted by: tcn in AK, Hail to the Thief at January 27, 2021 07:27 PM (okGHj)
Posted by: G'rump928(c) at January 27, 2021 07:26 PM (yQpMk)
-----------
Nothing! I have absolutely nothing for sale!
Posted by: Duke Lowell at January 27, 2021 07:27 PM (kTF2Z)
"They should have made better choices".
Posted by: fixerupper at January 27, 2021 07:06 PM (8ldDC)
THIS kind of shit is why they insist on keeping the NG in DC.
Posted by: LASue at January 27, 2021 07:25 PM (Ed8Zd)
Did that asshat really say that?
Posted by: Diogenes at January 27, 2021 07:27 PM (axyOa)
Posted by: Duse perched on a ledge at January 27, 2021 07:27 PM (W4eKo)
Posted by: f'd at January 27, 2021 07:27 PM (r6MeQ)
Posted by: Insomniac - Zhou Bai-Den Is Not My Chairman at January 27, 2021 07:28 PM (nakwk)
Posted by: SMFH at January 27, 2021 07:22 PM (Nqq7o)
You really think that all we need to do is primary some Republicans and everything is going to be just fine don't you? The Titanic is sinking and you're talking about how unfair the seating chart is for dinner. Go to bed Grandpa.
Posted by: DFCtomm at January 27, 2021 07:28 PM (50gG9)
Posted by: Skip at January 27, 2021 07:28 PM (Cxk7w)
Posted by: Doctor.Boom at January 27, 2021 07:28 PM (zWl33)
Worse, the 29 crash contrary to popular belief was not caused because of structural idiocy in the main street economic reality of the debaucheries of the common man.
The Strong Fed deciding to essentially gift a 25% discount to the UK for their gold standard resumption and bad margin policies created the downward spiral..
What we face now is a cargo cult acting magic thinking cacophony of retard "economists" thinking they can will 75% "wealth" creation through freeshit economics.
Posted by: sven at January 27, 2021 07:28 PM (Lzpvj)
Posted by: Lizzy at January 27, 2021 07:29 PM (bDqIh)
After 125 years (minus prohibition)Olympia beer is halting production.+++++++++++
Will the artesians be able to learn how to code?
They did make great party balls.
Posted by: Central Scrutinizer at January 27, 2021 07:29 PM (+U5Yr)
Posted by: SMFH at January 27, 2021 07:22 PM (Nqq7o)
It's long been a legitimate play. Nothing to get fussed about just because a different group of people are doing it.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:29 PM (Zm+LZ)
Posted by: Diogenes at January 27, 2021 07:27 PM (axyOa)
Allegedly it was something about we need to have better jobs for these people making solar panels, though that's not quite a quote either. But the sentiment was most definitely #LearnToCode - from someone who hasn't had a job in the dreaded private sector since 1973 or so.
Posted by: Doctor.Boom at January 27, 2021 07:29 PM (zWl33)
Close, brah.
Posted by: Duse perched on a ledge at January 27, 2021 07:27 PM (W4eKo)
I don't think we'll be able to call the Great Depression by the same name after the dust settles on this. We may not even be able to call California by the same name after this.
Posted by: DFCtomm at January 27, 2021 07:29 PM (50gG9)
They did make great party balls.
Posted by: Central Scrutinizer at January 27, 2021 07:29 PM (+U5Yr)
"I seen 'em."
Posted by: tcn in AK, Hail to the Thief at January 27, 2021 07:30 PM (okGHj)
If hedge funds are bankrupted then the terrorists will have won.
Posted by: Hadrian the Seventh at January 27, 2021 07:30 PM (mht8P)
It looks like it came out of the FAANGs.
Posted by: G'rump928(c) at January 27, 2021 07:30 PM (yQpMk)
Posted by: Dude perched on a ledge at January 27, 2021 07:30 PM (W4eKo)
f(x) = (.)(.) x (o) (o)
Posted by: fixerupper
Dunno, but I'm sure with the Dead-Eyed Dickhead's economic policies we'll take it in the *
Posted by: Drink Like Vikings at January 27, 2021 07:30 PM (HtCML)
Posted by: LASue at January 27, 2021 07:25 PM (Ed8Zd)
This is the kind of shit that makes the NG step to the outside of the fence and then turn around.
Oh I wish.
Posted by: Diogenes at January 27, 2021 07:30 PM (axyOa)
"They should have made better choices".
- - - -
types
deletes
Posted by: Lizzy at January 27, 2021 07:30 PM (bDqIh)
You're missing the fact that many of these funds bought at $10, and the stock is now up to what, $300? They have to cover that difference. Or the brokerage does.
So they have to liquidate stocks and positions all across the market to even try to cover that ludicrous delta.
They funds will probably end up bankrupt, but someone has to cover those shorts. Which means a lot of money has to come out of the market to make up for their horrific gambles.
Posted by: Harry Paratestes at January 27, 2021 07:31 PM (UPoLF)
Posted by: Super Patriot Lt. Col. Bearclaw at January 27, 2021 07:31 PM (PiwSw)
Like I hate being a dick here, but your view on this is completely disconnected from reality.
Posted by: Harry Paratestes at January 27, 2021 07:25 PM (UPoLF)
-------------
I lost 10% today and I have not one short.
Posted by: Braenyard, Patriot dog at January 27, 2021 07:31 PM (nhBb/)
He was sentenced today to 25 CONSECUTIVE life terms in prison.
Posted by: Meade Lux Lewis, Domestic Terrorist at January 27, 2021 07:31 PM (sWM8x)
Posted by: tcn in AK, Hail to the Thief at January 27, 2021 07:16 PM
Reason is that all ammo is shipped ground only. No air shipments of ammo allowed. Other states like MA have banned it via gubbermint decree.
But here in WA, Olympia is trying to ban it, as well as "Assault Rifles" and open carry.
Locals, best go to waguns.org for details, and how to send an email to your local state reps and senators. All the details are there, it only takes a couple of minutes to cut and paste your own message, and there is even a thread how to find your own reps email.
While you still can. Become a member (it's free) and them read the 2A Forum, only accessed by members.
This week has been really bad, the anti-gun lefties have been dominating the legislature this week.
Posted by: LeftCoast Dawg at January 27, 2021 07:31 PM (sy5kK)
Awww the kid talks tough. Go get your AR-15 and have your revolution, sport.
Go back to your reddit shithole, kid.
Posted by: SMFH at January 27, 2021 07:31 PM (Nqq7o)
It looks like it came out of the FAANGs.
Posted by: G'rump928(c) at January 27, 2021 07:30 PM (yQpMk)
Which I would wager is not what the short hedge funds were holding as their long position. Because that would be both unconventional and stupid.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:31 PM (Zm+LZ)
toxic site at the mine
toxic site at manufactuing plant
all made in China
toxic when stop working
I do not think they produce the energy required to make them so a net energy waste
Posted by: will choose a nic later at January 27, 2021 07:31 PM (r4bSV)
Posted by: Diogenes at January 27, 2021 07:27 PM (axyOa)
Lurch has lived a very charmed life of unaccomplishments other than marrying money.
Posted by: Captain Hate Won't Forget Ashli Babbitt at January 27, 2021 07:31 PM (y7DUB)
Posted by: Brother Northernlurker just another guy at January 27, 2021 07:31 PM (lgiXo)
Posted by: Doctor.Boom at January 27, 2021 07:29 PM (zWl33)
Well since he did serve in VietNam I'm sure he understands the term fragging.
Posted by: Diogenes at January 27, 2021 07:32 PM (axyOa)
Posted by: The GOPe at January 27, 2021 07:32 PM (r4bSV)
Posted by: Lizzy
Yep. A little stingy tho, they could've offered up a whole bag's worth.
Posted by: Drink Like Vikings at January 27, 2021 07:33 PM (HtCML)
Posted by: Brian in New Orleans at January 27, 2021 07:33 PM (IbxQb)
You're missing the fact that many of these funds bought at $10, and the stock is now up to what, $300? They have to cover that difference. Or the brokerage does.
So they have to liquidate stocks and positions all across the market to even try to cover that ludicrous delta.
They funds will probably end up bankrupt, but someone has to cover those shorts. Which means a lot of money has to come out of the market to make up for their horrific gambles.
Posted by: Harry Paratestes at January 27, 2021 07:31 PM (UPoLF)
I used the current market cap, effectively assuming that their selling price was 0(consequently overstating what they needed to return). So yeah, 34B is about right. The market is down far more than 34B today, and it wasn't that large a move.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:33 PM (Zm+LZ)
BREAKING: r/WallStreetBets has gone private within the last few moments
And....
The subreddit WallStreetBets has now been privated, and their Discord server banned, as the community pulls off a successful short squeeze on GameStop stock.
https://tinyurl.com/y46dcbrr
Posted by: Tami at January 27, 2021 07:34 PM (cF8AT)
Posted by: Diogenes at January 27, 2021 07:32 PM (axyOa)
You did hear he got three, count 'em THREE, Purple Hearts, no?
Posted by: Doctor.Boom at January 27, 2021 07:34 PM (zWl33)
I don't see how GME caused that.
Posted by: G'rump928(c) at January 27, 2021 07:20 PM (yQpMk)
Good rule of thumb is that less than a 3% move is just noise. There'll be all sorts of articles "explaining" it but they're bullshit.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:21 PM (Zm+LZ)
This.
Don't integrate the noise.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:34 PM (VnqPw)
Posted by: SMFH at January 27, 2021 07:31 PM (Nqq7o)
There isn't going to be a revolution grandpa. There is only going to be a collapse for most of us, but go back to fretting about a few pennies in your 401k.
Posted by: DFCtomm at January 27, 2021 07:34 PM (50gG9)
toxic site at manufactuing plant
all made in China
toxic when stop working
Then they throw it all in the ocean, it floats over here and WE have to pay more taxes.
Posted by: Diogenes at January 27, 2021 07:34 PM (axyOa)
It could just be that people suddenly realized who was in charge.
Posted by: G'rump928(c) at January 27, 2021 07:34 PM (yQpMk)
Posted by: schizoid at January 27, 2021 07:35 PM (rJtcp)
"They should have made better choices".
Like marrying a rich bitch and living like a gigilo?
Posted by: Nevergiveup at January 27, 2021 07:35 PM (OVEfo)
Posted by: Braenyard, Patriot dog at January 27, 2021 07:31 PM (nhBb/)
Well, I'm sorry about that. I was up about .5% today in my brokerage account. I haven't looked at my retirement accounts.
If you're invested in solid stocks, they'll come back quickly. The downturn was only because irresponsible hedge funds over extended themselves in what could only be described as retarded YOLO's. So they had to quickly liquidate their other holdings to try to not end up broke and in jail. But that's only a temporary set back, the fundamentals haven't changed.
Posted by: Harry Paratestes at January 27, 2021 07:35 PM (UPoLF)
Posted by: Brother Northernlurker just another guy at January 27, 2021 07:35 PM (lgiXo)
What is going to be funny is watching billions of people die because of the implosion of just in time logistics.
Posted by: sven at January 27, 2021 07:35 PM (Lzpvj)
Posted by: Doctor.Boom at January 27, 2021 07:34 PM (zWl33)
Yes. The last one he wrote himself.
And one wound was fixed with a bandaid.
Posted by: Diogenes at January 27, 2021 07:36 PM (axyOa)
Posted by: Lizzy
Yep. A little stingy tho, they could've offered up a whole bag's worth.
Posted by: Drink Like Vikings at January 27, 2021 07:33 PM (HtCML)
Good thing I'm in the bags o' dicks business. It's basically recession-proof. Hell, demand is already increasing.
Posted by: Insomniac - Zhou Bai-Den Is Not My Chairman at January 27, 2021 07:36 PM (nakwk)
Posted by: schizoid at January 27, 2021 07:35 PM (rJtcp)
*fistbump*
Posted by: G'rump928(c) at January 27, 2021 07:36 PM (yQpMk)
THAT is just crazy talk.....
//Michael Wall Street and Johnny Government smiling like sharks
Posted by: sven at January 27, 2021 07:36 PM (Lzpvj)
Posted by: Harry Paratestes at January 27, 2021 07:35 PM (UPoLF)
Serious question - aren't "the fundamentals" - how can I put this delicately... shit?
Posted by: Doctor.Boom at January 27, 2021 07:37 PM (zWl33)
Posted by: lowandslow at January 27, 2021 07:37 PM (qH6FZ)
back quickly. The downturn was only because irresponsible hedge funds
over extended themselves in what could only be described as retarded
YOLO's. So they had to quickly liquidate their other holdings to try to
not end up broke and in jail. But that's only a temporary set back, the
fundamentals haven't changed.
Posted by: Harry Paratestes at January 27, 2021 07:35 PM (UPoLF)
Even "solid stocks" are massively inflated by a factor of at least 3. How anyone can believe the DOW setting daily records with the entire economy shut down for a year is normal is beyond me. The DOW at 10k is arguably valued too high. It's at 30k
Posted by: Brian in New Orleans at January 27, 2021 07:37 PM (IbxQb)
Likewise, our political system has become by and large divorced from voters where the Uniparty plus politicians in robes disguised as judges have prevented almost every attempt by the people of both parties to correct idiotic and harmful policies.
The rectification that is coming where reality is reasserted will not be pleasant. Those of you with faith in the financial markets, you might want to start questioning what you have learned and been taught, those of you with faith in the political system, might want to reexamine your fundamental assumptions as well. Americans (or at least Dominion and the DNC) have chosen the form of the Destructor and it is Sleepy Joe.
Posted by: whig at January 27, 2021 07:37 PM (pO7gM)
pretty sure you just can not take solar panals that stopped working to the dump
Posted by: will choose a nic later at January 27, 2021 07:37 PM (r4bSV)
Posted by: G'rump928(c) at January 27, 2021 07:38 PM (yQpMk)
Posted by: Ted Torgerson at January 27, 2021 07:38 PM (/aiGx)
Posted by: Cat Ass Trophy at January 27, 2021 07:38 PM (xDpty)
And one wound was fixed with a bandaid.
Posted by: Diogenes at January 27, 2021 07:36 PM (axyOa)
3 PH in 4-months in country, with a total of 4-days in infirmary for all of them, has to be some sort of record. He's certainly led a charmed life, that horseface.
Posted by: Doctor.Boom at January 27, 2021 07:38 PM (zWl33)
Posted by: sven at January 27, 2021 07:35 PM (Lzpvj)
I sincerely hope I'm wrong about what's coming, but I think this is our/my generations WWII. So if you ever talk to anybody about the subject of how they misses something that obvious coming at them. Now you know.
Posted by: DFCtomm at January 27, 2021 07:38 PM (50gG9)
Posted by: Braenyard, Patriot dog
you should have invested when Trump was elected. you'd be up 40% now. I definitely wouldn't have gone all in at the start of the Biden Administration.
Posted by: x4, the dumbass who didn't short GME at January 27, 2021 07:39 PM (0tE/i)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:33 PM (Zm+LZ)
Right, but if all these funds were involved in leveraged deals and/or had a lot of puts and calls ... could easily affect the market that much. They're pulling back because they're scared of the normal joe piling on.
Posted by: Harry Paratestes at January 27, 2021 07:39 PM (UPoLF)
Posted by: Braenyard, Patriot dog at January 27, 2021 07:31 PM (nhBb/)
How much were you up over the last year?
If you'd had any shorts, you probably would've seen a gain today in your portfolio.
All of this, of course, being strictly on paper, until you close the position.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:39 PM (VnqPw)
Posted by: mallyfly the Peach of Hoboken at January 27, 2021 07:40 PM (4a9Vv)
Posted by: Rodrigo Borgia at January 27, 2021 06:38 PM (I8SZs)
Neither is Kameltoe. If we're gonna have a non-citizen as President, I'd rather it be Elon.
Posted by: clutch at January 27, 2021 07:40 PM (qQTnu)
The deplatforming idiocy is the sledgehammer going after gnats as I said earlier. Won't work.
Posted by: whig at January 27, 2021 07:41 PM (pO7gM)
Solar panels? We dont take those here. They go to the electronics recovery center
Solar panels? We only accept those once per year, in the fall.
Hey! Who dumped these solar panels in this empty lot?
Posted by: Cat Ass Trophy at January 27, 2021 07:41 PM (xDpty)
Posted by: LeftCoast Dawg at January 27, 2021 07:11 PM (sy5kK)
-------
I really should put something into the Gun Thread about that sometime.
Posted by: Weasel at January 27, 2021 07:15 PM (MVjcR)
Yeah, the dirty crappy stuff that was $12 a box 8/19 and dubious quality for targets is now hovering close to $.90+ per. 3 weeks ago the case I got for $600 has gone up over 30%. I'm buying my dream 1911 Friday (3 years old, but unfired), and the cost of a case of halfway decent 45ACP is sadly, close to the same.
Posted by: clutch cargo | with concentrated China Virus stain fighters at January 27, 2021 07:41 PM (L8ADy)
Posted by: Cat Ass Trophy at January 27, 2021 07:38 PM (xDpty)
Well, mostly because the brokers know that they fucked up.
No one on WSB has any incentive to sell. The brokers charge interest on the borrowed shares. And the brokers don't own the underlying shares, retail investors do. And the brokers don't want to be the ones left holding the bag for potentially unlimited losses. Which is relational on their part.
Also, everyone, nood.
Posted by: Harry Paratestes at January 27, 2021 07:41 PM (UPoLF)
Posted by: Taqiyyologist (bofa/deez) at January 27, 2021 07:42 PM (OssQ4)
Posted by: Harry Paratestes at January 27, 2021 07:39 PM (UPoLF)
Mutual funds are severely circumscribed in what they can and cannot do. They can't put their investment on the come line and roll the bones ("baby needs a new pair of shoes!").
The normal joe doesn't count for shit. Institutional investors drive market movements, not Joe Sixpak.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:42 PM (VnqPw)
Posted by: Doctor.Boom at January 27, 2021 07:37 PM (zWl33)
Well, yes.
But we're living in a clown world and pretending this is normal.
Posted by: Harry Paratestes at January 27, 2021 07:43 PM (UPoLF)
Reddit and Discord already picked that fight. *makes more popcorn*
Posted by: Ian S. at January 27, 2021 07:43 PM (6XLoz)
Posted by: G'rump928(c) at January 27, 2021 07:30 PM
I came out of Faang Faang
Posted by: Rep Swalwell at January 27, 2021 07:43 PM (786Ro)
Posted by: Deplorable Jay Guevara at January 27, 2021 07:42 PM (VnqPw)
GME would beg to differ.
Posted by: Harry Paratestes at January 27, 2021 07:43 PM (UPoLF)
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:33 PM (Zm+LZ)
Right, but if all these funds were involved in leveraged deals and/or had a lot of puts and calls ... could easily affect the market that much. They're pulling back because they're scared of the normal joe piling on.
Posted by: Harry Paratestes at January 27, 2021 07:39 PM (UPoLF)
If it were related I'd be more inclined to attribute it to the news then the actual market transactions of any affected hedge funds. Huge portions of the market are very passive(mostly institutional stuff). Conventionally regular investors pull out or put into the stock market as a whole. It is this new wave of retail investors that have abnormally active trading behavior where they deal more in individual securities.
Posted by: Red Turban Someguy - The Republic is Already Dead at January 27, 2021 07:44 PM (Zm+LZ)
You got common sense which will serve you well in law and life.
Posted by: whig at January 27, 2021 07:44 PM (pO7gM)
Posted by: Ian S. at January 27, 2021 07:43 PM (6XLoz)
Don't know about discord, but WSB went private on reddit because there were far too many fake posts telling people to sell GME and move to other bullshit stocks.
The theory being that these new accounts where from Indian bot farms or wherever and paid for by over extended cucks on wall street trying to soften the GME blow.
Posted by: Harry Paratestes at January 27, 2021 07:45 PM (UPoLF)
You got common sense which will serve you well in law and life.
Posted by: whig at January 27, 2021 07:44 PM (pO7gM)
Thanks whig! As a young(ish) lawyer, I appreciate that!
Posted by: Harry Paratestes at January 27, 2021 07:45 PM (UPoLF)
Posted by: LASue at January 27, 2021 07:25 PM (Ed8Zd)
Those crew served weapons swivel.
Posted by: clutch at January 27, 2021 07:48 PM (qQTnu)
That's the cover story. Guaranteed the White House called Reddit and told them to make this stop.
There's a new WSB at wsbets.win.
Posted by: Ian S. at January 27, 2021 07:48 PM (6XLoz)
Posted by: Harry Paratestes at January 27, 2021 07:43 PM (UPoLF)
I said the market, not some thinly traded penny stock.
Posted by: Deplorable Jay Guevara at January 27, 2021 07:53 PM (VnqPw)
Posted by: EveR at January 27, 2021 07:54 PM (R0z7P)
Posted by: Jen Bukake at January 27, 2021 07:57 PM (BsrgJ)
Posted by: SMFH at January 27, 2021 07:22 PM (Nqq7o)
And what the hedge fund managers are trying to do is different how? At least these guys are using their own money to profit off of others' misfortunes.
Posted by: Oldcat at January 27, 2021 07:58 PM (eoQWY)
-------------
Ask a couple of hundred SJW commies!
Posted by: andycanuck at January 27, 2021 08:01 PM (d6he9)
Number of peeps just got red pilled over the tech censorship issue.
Posted by: Political McGuffin at January 27, 2021 08:02 PM (1MFjD)
Posted by: Herr Frau Doktor vmom Staunch Demofaszi (on gab as @vm) at January 27, 2021 08:17 PM (nUhF0)
Posted by: Inspector kemp at January 27, 2021 08:31 PM (EwPKb)
Posted by: Comanche Voter at January 27, 2021 08:53 PM (NVDjf)
Posted by: G'rump928(c) at January 27, 2021 07:30 PM
I came out of Faang Faang
Posted by: Rep Swalwell at January 27, 2021 07:43 PM
---
We, and EVERYONE else, now and in the future, appreciate it.
Posted by: Faang Faang's eggs at January 27, 2021 08:55 PM (BB7pQ)
short sellers. You never know when some group of Robin Hood investors
will decide to clean you out. I see that as a net positive."
Posted by: Inspector kemp at January 27, 2021 08:31 PM (EwPKb)The
risk is only to retail short sellers. If you have access to 0% Fed
loans you can borrow whatever you need to meet margin calls while you
ride out the storm.
Posted by: schizoid at January 27, 2021 09:25 PM (rJtcp)
It means the United States is an honest-to-God fascist country with secret police who can arrest anyone for anything. Everything else is secondary.
Posted by: Trump poisoned my cat at January 27, 2021 09:45 PM (puu6v)
Posted by: Baggocox at January 28, 2021 02:55 AM (sGqWs)
Posted by: Kurtz at January 28, 2021 10:59 AM (0YZ6P)
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