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Type: Posts; User: Destor

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  • I initially thought that shutting down the groups...

    I initially thought that shutting down the groups wouldn't accomplish much because it'll become a game of whack-a-mole with people moving to different spots and then probably eventually being...
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    Discord banned the WSB server as well, although...

    Discord banned the WSB server as well, although not because of the "financial fraud" but following a lack of action after warning the server admin several times about the hate speech / misinformation...
  • That is entirely my stance too. We're working...

    That is entirely my stance too. We're working towards transitioning towards cleaner energy and that's good, but the reality is it will take a long af time to wean ourselves off fossil fuels. And...
  • SEC issued a statement on the current volatility...

    SEC issued a statement on the current volatility saying they're actively monitoring volatility in the options/equities markets and are "working with their other regulators to assess the situation and...
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    There are many different paths to investing. You...

    There are many different paths to investing. You could be a passive index investor, just slugging funds into the major indices. You could be a value investor, specifically looking at business...
  • It's difficult to imagine a scenario where we're...

    It's difficult to imagine a scenario where we're not headed for a supply crunch right now
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    Tomorrow might be nasty

    Tomorrow might be nasty
  • So we're arguing that hedge funds steal money...

    So we're arguing that hedge funds steal money from the middle class or whatever, yet you could mindlessly stick your money into the S&P 500 and likely come out positive in the end because no fees
    ...
  • Brah I’m pretty sure hedge funds don’t even...

    Brah I’m pretty sure hedge funds don’t even significantly outperform a major index like the S&P 500 over the long term, and they’re charging insane fees along the way
  • Tesla is massively overvalued right now along...

    Tesla is massively overvalued right now along with a number of other similar stocks, they should be shorted. And yeah if that happens and the price decreases, that price will be paid by people who...
  • Hedge funds go long on positions as well don’t...

    Hedge funds go long on positions as well don’t they?

    What about the retail investors who were also short on those stocks? Or thought the company was overvalued and were waiting for it to come...
  • Wouldnt this balance out through other’s losses...

    Wouldnt this balance out through other’s losses in the grand scheme of things?

    A person or a company like Melvin Capital can use realized losses to reduce their tax burden. I’d think it would be...
  • Hopefully not before I get moved to a new...

    Hopefully not before I get moved to a new project. Only been working from home since the middle of December though
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    Weird coincidence OP because if you’re like me...

    Weird coincidence OP because if you’re like me then you scan reddit, stocktwits, twitter for the next explosive meme stock.

    AMC is it. Went all in a few days ago with a cost basis of $3.47. If...
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    Currently breaking down a $3.3million budget for...

    Currently breaking down a $3.3million budget for an upcoming project, life is good
  • This must be the ninth rule of Fight Club

    This must be the ninth rule of Fight Club
  • Who the fuk knows what Melvin did behind the...

    Who the fuk knows what Melvin did behind the scenes? I don't deal with options much -- what could they have done to manage the risk of these shorts?

    Take that $2.75billion influx of cash and buy...
  • Probably not nearly as much room to squeeze if...

    Probably not nearly as much room to squeeze if Melvin/Citron already exited their short positions as is being claimed
  • There are announcements claiming that Melvin and...

    There are announcements claiming that Melvin and Citron exited their shorts already

    Watch it turn out that they reversed their positions over the last day or two and are capitalizing on the gains
  • Crazy volume comes with crazy volatility right,...

    Crazy volume comes with crazy volatility right, so things popping off = increased burden on the broker's systems

    They would need to operate their brokerage like any other business and would build...
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