If you actually check, there's tons of them who have gigantic positions and are holding still. The squeeze hasn't really happened yet. Yes, someone is gonna do some bag holding, but there's so much retail interest I'm not sure it's gonna crash.
If you actually check, there's tons of them who have gigantic positions and are holding still. The squeeze hasn't really happened yet. Yes, someone is gonna do some bag holding, but there's so much retail interest I'm not sure it's gonna crash.
The WallStBets crowd is not running a pyramid scheme -- they are making it very clear that this is a short term trade and nobody is making any guarantees of a profit.
But it’s not “worthless” to the hedge fund. They NEED it, thus it’s now much more valuable. What’s wrong with taking advantage of an opportunity? If you’re playing poker with a bunch of reckless shitty poker players and you win all the pots is that wrong?
There’s nothing “Q-anon-y” about it. Some savvy observes noted that short position and began buying stock, knowing that eventually the hedge would desperately need that stock, thereby making it climb in value. And it has. There’s nothing underhanded about it at all.
I cannot believe I have to say this, after decades of reality proving the point I’m about to make, but not a single dipshit on the right who is suddenly clamoring about something because it’s “populist” (or in this case, a twitter trend) actually believes in achieving the goal to end this corrupt horseshit. Ted Cruz,…
the average Jane’s 10$ partial investment
Aren’t hedge funds just a scam? You pay exorbitant fees to get performance that rarely outperforms a plain index fund? And even if it did outperform, the fees would eat all your gains anyway?
Is Axios trying to equate “advocating violent death of elected official” with “did not join with the party in a procedural vote”?
There were a few Republicans who admitted (anonymously) that they voted to not accept Biden’s election because of threats to their families. That’s....not a democracy.
Republicans get her appointed to the House education committee:
Ding, ding, ding. This is pretty clear cut: Politics is a game, and voluntarily censuring your players is not how you win. And since there is basically no repercussion to doing nothing - if anything, doing nothing may in fact stoke potential Republican voters - why would they? Politicians don’t give a flying fuck…
Lmao so true. Boehner would get crushed by Trumpism.
74,223,744
I didn’t know that, but even so one house seat is meaningless right now. They have a chance to send a message and start rebuilding the party and instead they’re catering to a bunch of fucking nut jobs. In some ways I support it because they’re basically destroying themselves from the inside, but I still can’t sit by…
I guess, but the last election just proved Trumpism is a losing strategy. I’d be willing to be the amount of R’s that’d come back to the party (or just start voting again) would be more than the amount of right wing idiots they’d lose by denouncing the far right. Plus people like that ignite the left even more which…
The Maya Angelou one is gold. "I can't be racist! I have a black tweet!"
I’m fucking done with this shit. You want to call for the death of your peers to a bunch of drunken redneck assholes? You get yanked out of your seat of inscrutable power and you get tarred and feathered in the streets. This goes for you too, ted cruz, you miserable little pissant. fuck the gop. democrats, stop acting…
I don’t understand why there would even be resistance from republicans about removing her. Q and all the rhetoric from the fringe right are destroying the party. It’s not like when they remove her she’ll be replaced by Bernie Sanders Jr. and swing the House far left. They’ll get to replace her with a more middle…
Yeah... I wouldn’t really bet on that just quite yet. The reddit story is fun, but I’d wager the only thing that can really do this kind of damage to a billion dollar hedge fund is another billion dollar hedge fund. Some trading data to suggest someone else is letting the robin hood story run wild while other vultures…
During the Glenn Thrush mess, the NYT issued a statement about their “no tolerance” policy on sexual harassment while also saying they will continue to employ Thrush even though he admitted to what he did.