I think you’re missing the part where they have to pay interest (daily I think) on their shorts, which is costing them billions as the price rises. To get out of paying that interest, eventually they have to buy the stock back to return to the lender, which is what WSB is waiting to happen. Just gotta keep the stock…

The shorts have a “due date”. Many are at the end of this week (today).

From my poor understanding, the hedgefunds borrow the stock they want to short from others who were just holding onto it, often putting collateral down for it. They then sell it to the market. Their bet being that when the lender wants it back to finally sell themselves they can buy it back from the market at the…

It’s not just ‘classic’ novels: I’ve noticed an explosion of ads from Audible for militia porn, second American Civil War fantasies, and a lot of vet bro popcorn literature that just appeared in the last year or so. I’ve yet to figure out what algorithm I stumbled into to be assaulted with that (I am in law…

Kinda, there are a lot of similarities - the plot of Trading Places (or at least the latter half of the movie after Billy Ray and Louis meet up) is that the Dukes are intending to use insider trading via their man Clarence Beeks to corner the market on orange juice (which is illegal). Our protagonists figure this out…

Any loss of intellectual property is serious if for no other reason then controlling your IP. As far as the amount, you would use a liquidated damages clause in the contract. These are used when damages are difficult or a PITA to calculate. It works like a fine: “for any breach by supplier of the confidentiality…

First of all, call them sex workers. Second, don’t steal their crutches, that’s mean. They have enough to deal with as it is.

And there’s some merit to that notion, but as a counterpoint, the FBI was well aware that 1/6 was going to be violent, and frankly, a lot of the plans around that day were very, VERY public. These individuals are a known quantity, and so there’s an argument to be had that the FBI and DoJ should be well ahead of the…

No joke the Cheney announcment gave me pause as to whether this is a good idea ultimately I concluded yes but i still puked a little in my mouth knowing I'm on the same side as her...

“Moron Label” is all I ever see

Remember last week when Hills tweeted that? It was like the best sugar rush ever.

First they came for the violent agitators but I said nothing because I was not a violent agitator.

I contacted the FBI and turned in my cousin. You texted me pictures, I forwarded them along.

The Sam Raimi Spider-man films were cheesy as hell (certainly in comparison to the Marc Webb films) but unlike the latter, Raimi’s films had teeth.

My female friends hate it when they walk by a construction site and the workers there yell things like, “Hey, did you know that Adams passed the sedition Act of 1798 that prohibited the publication of false, scandalous, and malicious writing about the President and Congress, but deliberately omitted the Vice…

Illegal seasons! Don’t count them! Only count the legal seasons!

That’s a lot of typing to just avoid clicking the link in that very sentence

Well, if we’re going to talk about shows with Donal Logue and Michael Raymond-James that ended too early, then Life ended at least one season too soon.

The Leftovers is a complete show, so you’re safe.

I quickly scrolled through the article and comments to be sure nobody mentioned The Leftovers, because I’m mid-binge right now and I WANT TO BELIEVE the series finale has Carrie Coon’s Nora Durst all happy and settled and resolved by the end of it! Not too bothered about the others ... The show could end with theroux…