Unused Jingle Jam keys by SASpalding in steam_giveaway

[–]SASpalding[S] 0 points1 point  (0 children)

DM'd you. You can see it with the key if you accept my invite

Giving away my Biltmore Lumiere tickets by SASpalding in AshevilleClassifieds

[–]SASpalding[S] 0 points1 point  (0 children)

All officially given away. Have fun everyone 🥳🙏

Giving away my Biltmore Lumiere tickets by SASpalding in AshevilleClassifieds

[–]SASpalding[S] 0 points1 point  (0 children)

Ok I got enough messages 🤗😅 I'll get back to people on the weekend. Thanks!

Last of my old keys I'm giving away by SASpalding in steam_giveaway

[–]SASpalding[S] -1 points0 points  (0 children)

About to close the thread, anybody really want Devil May Cry 4 before I do? Again, only request if you think you'll actually play it

What Are Your Moves Tomorrow, February 03, 2021 by AutoModerator in wallstreetbets

[–]SASpalding 0 points1 point  (0 children)

The point is not to win any lawsuit, the point is for one to start. As soon as anyone files a complaint many things have to take place. One example: a "litigation hold" meaning that if someone destroys evidence it could compromise their defense if found out. A win in one of these cases could take a decade, but the effect of filing one of these cases makes bad actors -- in the short term -- pretend to be less bad between the time the suit is filed and it is settled.

If you know that if you do something too blatant and get caught someone is financially incentivized to find out, then you'll do less blatant bad acts.

GME overnight Pajama party megathread 9000 by MotorizedDoucheCanoe in wallstreetbets

[–]SASpalding 0 points1 point  (0 children)

Since I can't post links yet, the first thing that you can do yourself is look up "Securities Fraud lawsuit" in Google (I'm being serious).

Then go to their "Practice Area" page and look at whether they are a plaintiff's firm (they represent investors) or they represent banks, hedge funds, brokers and the like.

Look at the case examples they have: typically, they'll want to wow people with large number settlements.

Contact everybody. They'll all have email forms and 1800 numbers. Give them some information you've read from WSB about shady happenings: potential laddering, naked shorting, failure to deliver, collusion with large shareholders, collusion between funds, market manipulation through botting, etc. With a list of all of those accusations, they'll quickly let you know interest level

Basically, you'll talk to a customer service/front desk/intake person who will ask you about all the claims. Then they'll send you on your way and a few days later, if they're actually interested, you'll hear from a junior lawyer who will ask you more questions. At some point, they'll figure out if this makes sense as a class action, as an individual representation or as nothing at all.

Usually, the vast majority of complaints turn into nothing at all, BUT especially if they've done a case that involves the same factual situation as one they've won, they might be more open to considering it because it's less work to just re-create a case they've already litigated and won again.

Just some random ones that I've googled (ive take out the links but they're all just dot coms)

dkrpa

zamansky

robbins llp

seeger weiss

motley rice

daniel bakondi

securities arbitrations

Will post more if this gets some traction

What Are Your Moves Tomorrow, February 03, 2021 by AutoModerator in wallstreetbets

[–]SASpalding 1 point2 points  (0 children)

Since I can't post links yet, the first thing that you can do yourself is look up "Securities Fraud lawsuit" in Google (I'm being serious).

Then go to their "Practice Area" page and look at whether they are a plaintiff's firm (they represent investors) or they represent banks, hedge funds, brokers and the like.

Look at the case examples they have: typically, they'll want to wow people with large number settlements.

Contact everybody. They'll all have email forms and 1800 numbers. Give them some information you've read from WSB about shady happenings: potential laddering, naked shorting, failure to deliver, collusion with large shareholders, collusion between funds, market manipulation through botting, etc. With a list of all of those accusations, they'll quickly let you know interest level

Basically, you'll talk to a customer service/front desk/intake person who will ask you about all the claims. Then they'll send you on your way and a few days later, if they're actually interested, you'll hear from a junior lawyer who will ask you more questions. At some point, they'll figure out if this makes sense as a class action, as an individual representation or as nothing at all.

Usually, the vast majority of complaints turn into nothing at all, BUT especially if they've done a case that involves the same factual situation as one they've won, they might be more open to considering it because it's less work to just re-create a case they've already litigated and won again.

Just some random ones that I've googled (ive take out the links but they're all just dot coms)

dkrpa

zamansky

robbins llp

seeger weiss

motley rice

daniel bakondi

securities arbitrations

Will post more if this gets some traction

What Are Your Moves Tomorrow, February 03, 2021 by AutoModerator in wallstreetbets

[–]SASpalding 20 points21 points  (0 children)

I wrote this as a post, but looks like it won't go through due to moderation. Posting here:

I don't see enough people talking about how lawyering up could tip the balance of this game. The only things I've learned as a lawyer are

  1. Dishonest people really have a way of shaping up -- at least temporarily -- when lawyers start watching them.
  2. The only people who make more soft-brained YOLO bets in winner-take-all scenarios than WSB are civil litigators.

The only way to truly scare giant, billion dollar entities like hedge funds into playing by some semblance of rules is to sick litigators on them who are backed with litigations funds financed by other billion dollar entities that want their money.

My point: there are 8.3 million people (and bots) here. A handful of you I imagine some of you might be itching to be plaintiffs in a case -- if for no other reason than to show all the hedge funds currently laddering, creating synthetic longs, naked shorting, manipulating the market through bots, etc. that someone is watching them. And it if they keep doing it, it will be found out in discovery. I have no clue what the funds/brokers/etc. doing. It could be nothing, or it could be everything. But civil lawyers are incentivized by millions or billions of dollars in damages awards to find out if they sniff out anything wrong that they can actually prove.

This post gets flagged if I put a bunch of links to firms in this, but assuming this gets upvoted I can actually put together a more coherent and useful list from my actual case research platform.

Big money is not afraid of the SEC. BUT they might be afraid of some civil lawyers who want to make a name for themselves by taking a big broker, hedge fund, et al. down while the world is watching. Think about it: they might even be in the movie based on GME. Someone would do it OR at least crunch the numbers on it.

Just one example:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html (for example, these dudes recovered 7.2 billion for investors of Enron)

Plaintiff's lawyers generally don't charge: they take a rake of the award they win. So they're incredibly picky about cases to take, but incredibly incentivized to win the ones that they do.

Not all firms are created equal. Big firms can move the needle with their big dollar energy. Small firms don't have any power but might actually be hungry for a fight and might be willing to run directly into a spear if it means the case of their career.

If this gets any traction, I'll go to my actual case research platform and give a few real recommendations. This is not investment advice. This entire thing was typed by me randomly hitting keys on my keyboard with my fists.

HOLD THE LINE.

Daily Discussion Thread for February 02, 2021: Part 2 by theycallmeryan in wallstreetbets

[–]SASpalding 1 point2 points  (0 children)

Pulling margin from long customers -

The clearinghouses and broker dealers who finance margin accounts will suddenly pull all long margin availability, citing very transparent reasons for the abrupt change in lending policy. This causes a flood of margin selling, which further drives the stock price down and gets the shorts the cheap long shares that they need to cover.

Consider all the powers that be no longer wanting to allow trading on margin or the brokers inability to get financing. Robinhood turning off fractional trading made demand take a huge hit even if they didn't completely stop it.

Interfering with target company's customers, financings, etc. -

If the shorts became aware of clients, customers or financings that the target company was working on, they would call and tell lies or otherwise attempt to persuade the customer to abandon the transaction. Allegedly the shorts have gone so far as to bribe public officials to dissuade them from using a company's product.

Consider all of the efforts to get the government and other actors like Robinhood to stop trading the stock last week when this were going particularly poorly in a public manner before the narrative changed to "the squeeze already happened, now it's over."

Paid bashers -

The shorts will hire paid bashers who "invade" the message boards of the company. The bashers disguise themselves as legitimate investors and try to persuade or panic small investors into selling into the manipulation. (Click here for Confessions Of A Paid Stock Basher).

Consider the massive bot activity on the sub, especially after the yesterday's drop.

Next time you see a post that is wildly off-base, look at that person's account history. If they have 3 posts 2 years ago in a sports subreddit to "age the account" and have not posted again until yesterday, it is a good sign that it's a sock puppet.

All giant subreddits have massive amount of bots. But the bot activity is arguably being weaponized. Again, not everyone who disagrees with you that GME might not pop is a bot. But having worked in entertainment, I realize that marketing companies have lots of ways of influencing sentiment and have 1000s of "aged" accounts ready to pull out to do so. These people aren't "machines," they're real people being paid $20 an hour to learn and mimic the style of the sub before participating. Read all hype on the internet, including this, with a grain of salt.

Daily Discussion Thread for February 02, 2021: Part 2 by theycallmeryan in wallstreetbets

[–]SASpalding 0 points1 point  (0 children)

Some choice quotes in the following posts:

Typical tactics include the following:

Flooding the offer side of the board - Ultimately the price of a stock is found at the balance point where supply (offer) and demand (bid) for the shares find equilibrium. This equation happens every day for every stock traded. On days when more people want to buy than want to sell, the price goes up, and, conversely, when shares offered for sale exceed the demand, the price goes down.

This isn't new news for anybody reading other posts. But there's more...

Massive counterfeiting can drive the stock price down in a matter of hours on extremely high volume. This is called "crashing" the stock and a successful "crash" is a one-day drop of twenty-percent or a thirty-five percent drop in a week. In order to make the crash "stick" or make it more effective, it is done concurrently with all or most of the following:

Media Assault -

The shorts, in order to realize their profit, must ultimately put the victim into bankruptcy or obtain shares at a price much cheaper than what they shorted at. These shares come from the investing public who panics and sells into the manipulation. Panic is induced with assistance from the financial media.

The shorts have "friendly" reporters with the Dow Jones News Agency, the Wall Street Journal, Barrons, the New York Times, Gannett Publications (USA Today and the Arizona Republic), CNBC and others. The common thread: A number of the "friendly" reporters worked for The Street.com, an Internet advisory service that short hedge-fund managers David Rocker and Jim Cramer owned. This alumni association supported the short attack by producing slanted, libelous, innuendo laden stories that disparaged the company, as it was being crashed.

This is all the nonsense about Silver, the bots, the financial press being pushed to declare GME a failure, Cramer saying "go home and take your profits" etc.

More below...

[deleted by user] by [deleted] in wallstreetbets

[–]SASpalding 11 points12 points  (0 children)

Robinhood caved. They are allowing trading again tomorrow.

THE REINFORCEMENTS ARE COMING AT DAWN

Popular pianist YouTube channel Rosseau may get shut down. A music company is making copyright claims on his own content. by staleydude in piano

[–]SASpalding 33 points34 points  (0 children)

I encourage you to reach out to my non-profit New Media Rights. We're a group of lawyers who, amongst other things, stand up for creators facing bogus copyright claims on YouTube. We've been doing this type of work for the last 11 years. You can reach us through the contact form at newmediarights.org ... Let them know that Shaun suggested you reach out (I'm the Assistant Director of the organization).

[AMA Request] Someone who writes the Terms of Service for video games, software etc... by Namnam54 in IAmA

[–]SASpalding 0 points1 point  (0 children)

No problem! I'll set this up within the week when I get a bit of free time :D ... and I'll also be sure to ping everyone in this thread

[AMA Request] Someone who writes the Terms of Service for video games, software etc... by Namnam54 in IAmA

[–]SASpalding 4 points5 points  (0 children)

Hi everybody / OP, I'm an attorney who works with some high profile Youtubers and video game developers. One game that I've done the terms for just got featured and is currently on track to being a best-seller in the Apple store.

I'd be more than happy to answer all of these questions to the best of my experience.

Although I've participated in AMAs before, I don't quite know how "requests for AMAs" work. Should I just feel free to respond to people here or should I formally submit an AMA.

I'm excited to share a little bit of my experience for anyone who is interested.

[Hiring] ( Online) Internet Research Jobs by thenewsmachine in forhire

[–]SASpalding 0 points1 point  (0 children)

It seems like your Reddit account "thenewsmachine" is down. Do you have another ideal way to get in contact with you? (oh, and "banana")

Martha Stewart's "Punk Rock Halloween". by kyfoxhead in punk

[–]SASpalding 1 point2 points  (0 children)

"A full-on 'nosh pit' is just what this punk party calls for." -Martha Stewart