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flavor.flv
Apr 18, 2008

I got a letter from the government the other day
opened it, read it
it said they was bitches




This is the only one that worked for me, and now I'm very interested in whatever the gently caress this show is

https://twitter.com/GVgalore/status/1354177006959734786?s=20

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toanoradian
May 31, 2011


The happiest waffligator

I have failed for years to understand what stock is, so I'll just chalk this up to those crazy Redditors bankrupting a bunch of Wall Street lunatics with their own Reddit lunacy.

flavor.flv
Apr 18, 2008

I got a letter from the government the other day
opened it, read it
it said they was bitches




"The best swordsman in the world doesn't need to fear the second best swordsman in the world; no, the person for him to be afraid of is some ignorant antagonist who has never had a sword in his hand before; he doesn't do the thing he ought to do, and so the expert isn't prepared for him; he does the thing he ought not to do; and often it catches the expert out and ends him on the spot."

Finance works the same way

Organza Quiz
Nov 7, 2009


toanoradian posted:

I have failed for years to understand what stock is, so I'll just chalk this up to those crazy Redditors bankrupting a bunch of Wall Street lunatics with their own Reddit lunacy.

A bunch of Wall Street guys bet that the stock would go down because no one wanted it, Redditors bought a lot of it to make it go up instead so the investors would lose a ton of money on their failed bet.

CharlestheHammer
Jun 26, 2011

YOU SAY MY POSTS ARE THE RAVINGS OF THE DUMBEST PERSON ON GOD'S GREEN EARTH BUT YOU YOURSELF ARE READING THEM. CURIOUS!
It should be said as well the bet they did is also super illegal but no one cares so everyone does it anyway

D-Pad
Jun 28, 2006

CharlestheHammer posted:

It should be said as well the bet they did is also super illegal but no one cares so everyone does it anyway

What? No. Shorting a stock is not illegal.

Parallelwoody
Apr 10, 2008


I had no idea what the situation was outside of "Gamestop go up, stonks" but the fact that it was shorted and reddit did this to gently caress with them is beautiful.

ultrafilter
Aug 23, 2007

It's okay if you have any questions.


D-Pad posted:

What? No. Shorting a stock is not illegal.

Naked shorts are forbidden by SEC regulations.

Poops Mcgoots
Jul 12, 2010

D-Pad posted:

What? No. Shorting a stock is not illegal.

It is when you short 140% of the total supply of shares.

mind the walrus
Sep 22, 2006

"Redditors using Gamestop as a gambling pawn to gently caress with Hedge Fund Managers" was not on my 2021 bingo card.

Also Bosstone's thesis loving suuuuuuuuuuuuuuuuuuuuuuuucks dudes. Millennial culture trawling is at a new low that we're trying to replicate "Guile's Theme Goes with Everything" from 10-15 years ago. It's a loving nesting doll of toxic nostalgia.

Warbird
May 23, 2012

America's Favorite Dumbass

haha horn section go doot

Bape Culture
Sep 13, 2006

Isn’t it possible to short it now? Surely that’s a nailed on thing

Pakled
Aug 6, 2011

WE ARE SMART
A lot of those Bosstones anime intro things work really well for like 20-40 seconds and then just fall apart

D-Pad
Jun 28, 2006

Poops Mcgoots posted:

It is when you short 140% of the total supply of shares.

Short interest can rise above 100% without naked shorting due to how that number is actually calculated and synthetic longs. This article explains how it can happen (while pushing their proprietary metric but still accurate)

https://www.shortsight.com/short-interest-of-float-2-0/

I don't know all the ends and outs of this GME thing, but from what I have read these hedge funds that are losing their asses aren't actually naked shorts.

ultrafilter
Aug 23, 2007

It's okay if you have any questions.


https://twitter.com/House_Feminist/status/1354223320577658880

https://twitter.com/rodsgo/status/1353909878176231424

xtal
Jan 9, 2011

by Fluffdaddy
https://mobile.twitter.com/dril/status/381474795310702592?lang=en

zoux
Apr 28, 2006

Are short positions public? I know one of the hedge funds dudes did a vlog where he said they had a massive short on GME and that's why wsb targeted them, but is that otherwise available info?

https://twitter.com/BrandyZadrozny/status/1354478575492198401

Wow, felony posting crimes (also if you remember this guy, join me in a hearty lol)

https://twitter.com/cirnoplusplus/status/1354461739115450374

Short les stox

zoux has a new favorite as of 18:26 on Jan 27, 2021

CharlestheHammer
Jun 26, 2011

YOU SAY MY POSTS ARE THE RAVINGS OF THE DUMBEST PERSON ON GOD'S GREEN EARTH BUT YOU YOURSELF ARE READING THEM. CURIOUS!

D-Pad posted:

Short interest can rise above 100% without naked shorting due to how that number is actually calculated and synthetic longs. This article explains how it can happen (while pushing their proprietary metric but still accurate)

https://www.shortsight.com/short-interest-of-float-2-0/

I don't know all the ends and outs of this GME thing, but from what I have read these hedge funds that are losing their asses aren't actually naked shorts.

Literally everything I have read on this has called it naked shorting, should probably look into this type of stuff before making a claim

Dick Trauma
Nov 30, 2007

God damn it, you've got to be kind.
:hellyeah:

https://twitter.com/tonyhawk/status/1354305117982400514?s=20

ultrafilter
Aug 23, 2007

It's okay if you have any questions.


https://twitter.com/baym/status/1354451850267922434

Mak0rz
Aug 2, 2008

😎🐗🚬

https://twitter.com/JordanUhl/status/1354477469005443075

Arsenic Lupin
Apr 12, 2012

This particularly rapid💨 unintelligible 😖patter💁 isn't generally heard🧏‍♂️, and if it is🤔, it doesn't matter💁.


https://twitter.com/mrkocnnll/status/1354068437216223234

Platystemon
Feb 13, 2012

BREADS

I aspire to one day be as happy as that kitty.

Garrand
Dec 28, 2012

Rhino, you did this to me!

https://twitter.com/socialistdogmom/status/1354517620255567873

Cidrick
Jun 10, 2001

Praise the siamese
https://twitter.com/buttpraxis/status/1354504141465214986?s=20

Knormal
Nov 11, 2001

Wow, that guy's almost as good a skater as Tony Hawk, who he bears a striking resemblance to.

Zero One
Dec 30, 2004

HAIL TO THE VICTORS!

How is there always a dril tweet?

Platystemon
Feb 13, 2012

BREADS

Zero One posted:

How is there always a dril tweet?

“A”?

https://twitter.com/dril/status/311719118963343360
https://twitter.com/dril/status/127935707758080000
https://twitter.com/dril/status/942151651082821633
https://twitter.com/dril/status/1184969677610483712

Pilchenstein
May 17, 2012

So your plan is for half of us to die?

Hot Rope Guy
https://twitter.com/danadonly/status/1354541320140771329

ultrafilter
Aug 23, 2007

It's okay if you have any questions.


https://twitter.com/OldPappyThomas/status/1354515051957379076

https://twitter.com/rachdele/status/1354517187336298501

https://twitter.com/ByYourLogic/status/1354551749902790663

ewiley
Jul 9, 2003

More trash for the trash fire

I absolutely love the “I regret nothing” face that cat is making

Air Skwirl
May 13, 2007

Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed shitposting.
Sound on.

https://twitter.com/TessaPaisa/status/1353856995082653696?s=20

Slippery
May 16, 2004


Muscles Boxcar

zoux posted:

https://mobile.twitter.com/juliagalef/status/1353096665541042177

We got eels doing lines of cocaine in London and seals doing lines of eels in Hawaii

Lol, nice

Slippery
May 16, 2004


Muscles Boxcar

Push El Burrito posted:

They emerge out the other side of the tunnel as humans there was a whole episode of Seinfeld about the opposite happening.

Lol, I remember it quite well.


THIS IS MY HOLE JERRY

Elviscat
Jan 1, 2008

Well don't you know I'm caught in a trap?

Mister Mind
Mar 20, 2009

I'm not a real doctor,
But I am a real worm;
I am an actual worm
https://twitter.com/itsandyryan/status/1354434918777053189?s=21

ultrafilter
Aug 23, 2007

It's okay if you have any questions.


https://twitter.com/iamTannenbaum/status/1354571307401228292

https://twitter.com/M_F_Rose/status/1354558034501120004

https://twitter.com/SamSheehanNBA/status/1354502632396775424

https://twitter.com/flexlibris/status/1354257409036996608

stringless
Dec 28, 2005

keyboard ⌨️​ :clint: cowboy

theflyingexecutive posted:

I’m so spoiled by the Walk of Life Project that those are all pretty sorry imitations.
Thank you for this post.

https://www.youtube.com/watch?v=6KOcwqITP2A

mind the walrus
Sep 22, 2006


Power doesn't corrupt, power reveals.

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D-Pad
Jun 28, 2006

CharlestheHammer posted:

Literally everything I have read on this has called it naked shorting, should probably look into this type of stuff before making a claim

Got a link? The only people I've seen claim they are naked shorts are the redditors. The link I posted upthread is an analysis showing when you take into account synthetic longs, which are legal, the short interest is only 58%.

This investopedia article cites the same s3 article as showing the shorts aren't naked:

https://www.investopedia.com/short-sellers-lose-usd5-05-billion-in-bet-against-gamestop-5097616

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