He wants to bang Tiffany. https://www.miamiherald.com/news/state/florida/article247165999.html
The shorting options does have an upside.
I say this with the assumption it isn't abused in the dark as historic with hedge funds and the abuses being allowed now.
Shorting gives an incentive to weed through a business looking for weaknesses in their operations and exploit it.
This is a check/balance.
Now whether anyone listens is a different story and the stuff of movies... See The Big Short.
According to Daily mail this was recorded in December, before Biden cancelled Trump's EO.
There is a legit place for short selling. It works as an incentive tool for investors to seek out critical flaws in a business.
The Big Short was about a couple guys finding those flaws and nobody listened.
Businesses either fix those flaws or suffer potential consequences.
Like any tool, taken to extreme it can be very bad.
Big finance has never had real checks on them before. Now we know it can happen.
Just a question on this whole thing.
As I understand it the goal is to keep the value high until their options expire.
Makes sense.
But what about after that date?
If there is a glut of people coming riding the wave as it is rising isn't there an eventual drop when folks decide to sell?
Any idea what "options" would have allowed a guy to buy at 40 cents?
The instigator of this, u/deepfuckingvalue shows he bought at $GME @ $0.40.
This is what I am trying to understand.
https://www.reddit.com/r/wallstreetbets/comments/l2x7he/gme_yolo_update_jan_22_2021/
Louis has railed against all manner if fucked up politics.
He doesn't rail against parties, he rails at individuals and policies that are fucked with personal real world examples. Over and over these issues are most often bullshit socialist Dem driven.
Bonus calls out Apple all the time for scamming customers.
Cuomo/DeBlasio policies destroying people, COVID stats fucked, property taxes fucking people, real estate drama, right to fix and more.
Unfortunately it is rocky mountain region.
Industrial waterjet.
But we have had long distance clients use us.
If you have something you need you can DM me and we could provide estimates.
Not sure it would be of value but no harm in checking on occasion.
Any links to versions hosted elsewhere?
Nonidea what this is about.