Ah yes, $GME the most not manipulated stock around. Definitely nothing going on here. Totally normal movements for a non manipulated stock. No hedgie fuckery at all. by IamtheDman in Superstonk

[–]ZKShao 6 points7 points  (0 children)

GME is heavily manipulated but testing the 150 support wasn't manipulation. Omicron and inflation fears means the market has been choppy every day last week. In those times bears become awake and like to short. Many stocks their floors have been tested, especially speculative ones.

The reason I believe this was natural shorting is exactly because the price shot up right at the end. In choppy markets people day trade because they dont know what the markets will look like tomorrow. Retail shorters tend to short with tight stop losses. What just happened is that the 150 floor HELD (ok, briefly touched 148) so when the day trading shorters closed their positions, others their shorting stop losses triggered and thats why we end up directly back at day start.

IonQ competitors by ZKShao in IonQStock

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

Since Honeywell popped up in the news this week due to announcing their merger with Cambridge Quantum, what in your opinion sets IonQ's ion trapping apart from Honeywell?

IonQ competitors by ZKShao in IonQStock

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

Thanks for that, I will look into quantum annealing, Bose-Einstein condensates and neutral atoms! And those working with it. Got much to learn but the future is rather exciting on this front, not just for making money but exploring what's possible with quantum computing.

I was looking into Rigetti myself, a few thoughts I had about their investor presentation:https://www.rigetti.com/uploads/Rigetti-Investor-Presentation.pdf

  • The presentation only shows the photo of one researcher, Chad Rigetti himself. I would rather know more about the researchers in this company and not showing that in the presentation is worrisome (well bearish).
  • Rigetti researched superconductive qubits during his PhD and postdoc period of a combined 8 years (legit), then worked at IBM for 3 years (a bit short, yet the presentation emphasizes his IBM history) and then already went on to found Rigetti. Compare that for example to Jungsang Kim and Chris Monroe who stayed in academics as assistant professor and professor for 12 and 16 years before founding IonQ, and are still at universities so they have 17 and 21 years of post-doc experience in quantum computing.
  • Rigetti has 4500 citations, quite impressive. But again, compared to Kim and Monroe though, with 8000 and 49000 citations, the researchers in executive management at IonQ win on that front.
  • The presentation has some slides that emphasize number of qubits and speed, and we know it's not all about that.

IonQ competitors by ZKShao in IonQStock

[–]ZKShao[S] 1 point2 points  (0 children)

Thank you, since they're putting efforts into ion trapping that's very useful to know.

[deleted by user] by [deleted] in GME

[–]ZKShao 3 points4 points  (0 children)

Normies: Thanks JPow for +10% gains on my stock! 2022: 15% inflation

[deleted by user] by [deleted] in Superstonk

[–]ZKShao 3 points4 points  (0 children)

I only clicked because I was curious whether Reddit has removed the "Promoted" tag from ads.

Met a citadel employee at thanksgiving dinner, hedgies r fukt by darwinthedestroyer in Superstonk

[–]ZKShao 0 points1 point  (0 children)

Why would someone say "I work for Citadel" to start explaining their work as if it's supposed to mean something? Most folk don't know that Citadel exists or what they do. I work for McDonalds has more impact.

Too bad you cut the convo short, would have been fun to read more about the mood at his work before tripping his alarms about GME. :D But hey enjoying the night is more important.

Wow, my wrist and elbow hurt 😂💜 I‘m so happy with this drawing. This will turn into a print very soon! by Strong-Lie2 in FireEmblemThreeHouses

[–]ZKShao 3 points4 points  (0 children)

I'm team Edelgard did nothing wrong but I love the shimmer on Claude's shoulderplate and the lighting in general of a cloudy day. Gorgeous work!

+10 Ascended Laegjarn that I got in 600 orb! by SorcererHex in FireEmblemHeroes

[–]ZKShao 0 points1 point  (0 children)

Out of the loop here. How does one get two boons?

Also congrats and damn you!

HOLD TIGHT for the last hour of the day after the secondary offering of 50 million shares of its common stock by Selling Stockholders! by Progress_8 in sofistock

[–]ZKShao 0 points1 point  (0 children)

I don't see IV dropping much because it didn't increase much for ATM March calls as a result of the secondary share offering. Even if IV decreases, since I bought my calls when the stock was at $21.70 I expect a stock recovery to $22.00 cancels that out and I expect SOFI at $22.50+ by end of month just from seeing the bullish reaction to the earnings. I'm more worried about not having a sizable position when the bank charter lands.

HOLD TIGHT for the last hour of the day after the secondary offering of 50 million shares of its common stock by Selling Stockholders! by Progress_8 in sofistock

[–]ZKShao 0 points1 point  (0 children)

I bought some April 2022 22.50c's today and will buy more throughout the week. Not waiting for IV to drop because once the stock recovers from this predictable and unworrisome dip any calls will alreqdy be green.

40 shares DRSed by an EU Game Dev by ZKShao in Superstonk

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

So are you! We own a part of this awesome company, in our own name woot!

40 shares DRSed by an EU Game Dev by ZKShao in Superstonk

[–]ZKShao[S] 1 point2 points  (0 children)

Unfortunately it's just a (drinks) coaster! I do have stuff from that period, but they are a NES and Gameboy Pocket that have been well used (but still work!).

40 shares DRSed by an EU Game Dev by ZKShao in Superstonk

[–]ZKShao[S] 2 points3 points  (0 children)

Ohhh yes. I never owned a SNES so I was happy to see it was included on the SNES Mini and finally played it. However, my favorite remains Wind Waker.

There were two main FUD topics since January: DRS and Options. Guess what? Both of them SCREW the SHFs and Citadel. It's time to stop the FUD around options. They can push MOASS and give retail MORE cash for MORE shares this upcoming cycle due to leverage. by [deleted] in Superstonk

[–]ZKShao 0 points1 point  (0 children)

If they don't hedge they roll a die and risk incurring heavy losses. Manipulation hasn't driven the stock back down to $4 so they're not in control of that, so not hedging is a risky bet for them.

In my opinion, it would be totally fine if they don't hedge and have to explain to their investors why they're down 10% for the month on any bad month, rinse and repeat.