Yup. State Consitution. It's a thing. Like you being a fucking retard. Enjoy your faggy frogs. I'm sticking with WSB (or some other sub on win - this one's finished). At least they can make me money. This place makes you a retard.
My state prevents enforcement of new federal gun laws. It’s in our constitution. Yours sucks.
Because - gasp - the govt forgot it's own fucking ITAR regulations.
Because the Illegitimate President is a retarded fuck with dementia.
Bruce Lee never got Alzheimers.
"we"?
Oh you mean : https://www.reddit.com/r/wallstreetbets/
That's not this place. Are you Larping and taking credit for them?
You are aware that they hate poltiics right?
This isn't /r/politics, /r/the_donald, /r/political_humor, etc. If you choose to start arguments about libtards or Nazis instead of making fun of their bad SPY long then you're in the wrong place and we'll show you the door.
Nobody cares about your political opinions. If it's not about taking advantage of the political to make money then leave that baggage at home. WSB is not the stage for your lazy political regurgitation nor will it be used as a propaganda mouthpiece by anybody.
Why are you stealing clout like a faggot?
Pfft - who knows with this administration.
Although patience has run out (or is running out) in Portland. And we already know the VP is a hardass on this stuff.
I've heard lots of stories of people losing their bitcoins from losing passwords to wallets etc. That's a lot of unclaimed or uncirculated currency given they were at the start of it all.
Is there any mechanism to create more to offset this dead equity or what's the story on that? It should be easy to say if 'X coins have been inactive for 10 years' to put an equal number into circulation. Even if by some miracle some go back in, it'd be a small influx. I mean I've heard people who sent a HD off to the landfill by accident and it was lost forever. With millions of bitcoin.
Seems a waste to spend all the energy (in the most literal sense for server farms) mining bitcoins when there's millions just doing - nothing.
WSB is already bailing from RobinHood since it's rife with procedure brakes from intermediaries which led the to the halting of trading in the stocks on Wed and Thursday.
I'm not sure what rules or acts would apply with RobinHood since it's already now out of favor.
Market exposure basically.
Market exposure refers to the dollar amount of funds or percentage of a broader portfolio that is invested in a particular type of security, market sector, or industry. Market exposure is usually expressed as a percentage of total portfolio holdings, for instance, as in 10% of a portfolio being exposed to the oil and gas sector or a $ 50,000 in Tesla stock.
So if we look at the liabilities teetering, 70b is a huge chunk that requires other funds to cover. This is an indictment on the short sell which in some forms were responsible for the crash of 1929, and has been noted in 2008's meltdown. During the pandemic, Europe has restricted or outright banned shorting.
Shorting first appeared in the US in 1822 so it's been a thorn in the investment community for a long time here. Even longer for the rest of the world with it first coming into practice in 1609 and creating it's first major crisis in 1772 causing a liquidity disaster and the collapse of almost every private bank in Scotland.
Another reason why it's so toxic today is some of the SEC regulations limiting it were removed in 2007. Specifically, the 'uptick rule'. Short selling itself was a driver in creating the first Hedge Fund in 1949.
I just want to point out that I've been lurking at WSB for a while now and they deserve all the credit for what they are doing.
I like the fact that we've provided a lifeboat in case Reddit decides to squash them, but they are very much their own thing.
We may want to apply our own politics and culture to them, but they are apolitical and have their own culture.
They've exploded in membership to nearly 6 million in the last week, so if they came here - it'd be one hell of a stress-test on our systems. (edit - they're now up to nearly 7)
Mostly, I think we're projecting a bit too much on them. They are NOT political (certainly not as much as we are). They also get all the credit for what they've done. I've seen a lot of co-opting. Not cool.
Appreciation is more than justified, but they represent a victory at showing that another group of "experts" (this time in the financial community) are utterly full of shit. This is a good thing - but it's their thing.
Now, if Reddit fucks it up, then it could be 'our' thing - but we're just observers (for now).
Oh look the short ladders are closed down and after hours trades have it over 300. Watch it go higher in the early morning.
Making computers pretend they have sell orders to depress the price doesn't make up for the lack of volume. Oh ya. That.
Because there's no fucking amount of shares available for the 140 percent float.
Hedge fund go boom
Who's 'we'.
WSB on Reddit did this.
we posted pictures of gay frogs
One is making Wall Street shit itself while making players rich.
You have frog pictures. (Pats head)
Doesn't matter at this point. Everyone's run for Webull and CashApp.
George Carlin is dead. Got anything more current? Because WSB is ripping their lungs out at the moment.
I don't think Reddit gives a fuck about George the dead boomer. They're sitting on individual holdings in the 7 figure range in many instances. They can afford lawyers who can make a slam dunk - or they can roll their gains back into fucking the market harder (likely the later - they smell blood now).
Aw.
You still think the courts are legitimate.
(pats head)
Pfft. That's old news. Now they're selling customer positions without their permission.
WSB SEEMS TO SCARE THE GOVT AND WALL STREET MORE THAN A FUCKING CARTOON FROG - CRINGEFAG
Learn to trade stocks
If your name is Biden it's all good. Have some crack too.
Pfft. They've just dug themselves a deeper grave by artificially fudging the markets.
The price snafu today was due to what's called a 'short ladder'. Computers are bouncing sell orders around to create a fake dip, The volume is too low for a real one.
That means when the ladder runs out, the true demand will return as well as the people who bought on the dip through companies not violating securities laws by denying access.
Watch the after hour trades and early morning action for more details.
Not at all - over subscribing the float was part of it - the real trick was the 'listed put options'. Shorts aren't usually public. These (and many others) are. It's simple to find them and buy against them.
Which WSB is currently doing.
There's many ways to zero it out. Hollywood and Silicon Valley do it all the time.
Except it wasn't you - it was WSB on Reddit.
It could have been you - but it wasn't - because frog memes were more important.
Only 'now' did we make a financial .win. Bit late to the game, but let's not pretend this was our play. It wasn't.
Yup. CNBC was trying to play up an after-hours dip (which was still massively higher than any of the shorts could benefit from), but the holds are holding and a lot of the shorts come due at the EOW. It's going to skyrocket.
Yup. Some of the holds are in place all the way to April. This is going to be a long LONG hurt for the shorts.
The run is on to locate other 'listed put options'. That's the trick. Usually you don't have to disclose your shorts. These were listed and literally for a greater amount than the entire amount of stock available. It wasn't a subtle notice for WSB - it was screaming at them.
Meaning - if they hold - there's no way to cover their shorts, and price will continue to rise. There's also no way to buy back the stock necessary to cover it when it was held. Because it was over subscribed. The amount Melvin is fucked is indescribable. They had a 55m short position. They've lost over 2b in less than 2 weeks. And it's still going.
They've already had to be bailed out by 2 other funds to cover the losses.
I'm kinda retired from shitposting here (I'm up to my eyeballs on Atari stuff now that the VCS is actually out) - but I had to pop in and say 'retard farm' is going to be yoinked. By me. RIght now. yoink!