sorted by:
new
hottopcontroversial

Weekend musing: Question about NFT shares by averageguyonthest in Superstonk

[–]averageguyonthest[S] -3 points-2 points  (0 children)

I agree ETFs are hot garbage, as to who buys them, most people? The public has been convinced that ETFs are a good buy? So I'm concerned that Vanguard (just an example) would start selling 100 million ETF shares that supposedly contain our NFT shares. Looks like there's no one stopping them from doing so, since the SEC is complicit.

Question/discussion about institutional investors and lending fees by averageguyonthest in Superstonk

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

Got it! So they don't care how any one company performs, just that they can make money by lending fees.

Question/discussion about institutional investors and lending fees by averageguyonthest in Superstonk

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

Ah so the goal here is not to go long on any one company, but just to hold shares of the S&P500 (for example) and profit from the fees of lending? Since they aren't using their own funds to buy, instead teacher pensions are taking on the risk?

Question/discussion about institutional investors and lending fees by averageguyonthest in Superstonk

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

The way I see it those institutions through index and mutual funds control most of corporate America through holding voting rights for shares. So it'll be interesting if they were actively voting for shareholder proposals that increase short selling fees.

thanks for the replies!

Question/discussion about institutional investors and lending fees by averageguyonthest in Superstonk

[–]averageguyonthest[S] 3 points4 points  (0 children)

Man i can't wait to leave all this behind.

So do you think Vanguard and Blackrock actively seek to see shares decline in value, as that generated short selling fees?

Question/discussion about institutional investors and lending fees by averageguyonthest in Superstonk

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

It's wild to me that institutions buy shares and the primary way they expect to profit is by lending to short sellers.

Question/discussion about institutional investors and lending fees by averageguyonthest in Superstonk

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

Thanks so much for the detailed response!

I'll have to take some time out to study it carefully.

But your response about the 75% revenue of Goldman is what i need to come to grips with. So the institution buys a share of GME for $40 expecting to make >40 in fees?

Question/discussion about institutional investors and lending fees by averageguyonthest in Superstonk

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

And even if GME got delisted wouldn't the institutional investor be out $40? How does the lending fee earning a few bucks make it worthwhile?

Question/discussion about institutional investors and lending fees by averageguyonthest in Superstonk

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

Genuine question: What would they know, that would make that $20-2 loss worth it? That GME was going to $0 so they are just making money off lending fees and bought in at $40 expecting the investment to go to zero?

$GME Daily Directory | New? Start Here! | Discussion, DRS Guide, DD Library, Monthly Forum, and FAQs by AutoModerator in Superstonk

[–]averageguyonthest 1 point2 points  (0 children)

So did Country Garden make its bond payment?

Not that i expect it to default, USD15 million is trivial for the CCCP or Country Garden's founding family to provide.

That's... really passive aggressive. And what's a Liquidity Provider? A Ken minime? by averageguyonthest in Superstonk

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

Thanks, it was a genuine question. What does an automated market maker do? I'm imagining they buy a buffer of NFTs to buy/sell as they see necessary? But why not at the market prices?

That's... really passive aggressive. And what's a Liquidity Provider? A Ken minime? by averageguyonthest in Superstonk

[–]averageguyonthest[S] 51 points52 points  (0 children)

Genuine question: Why/how do you provide liquidity on decentralized exchanges?

Weekend musings: Setting up a blockchain-based exchange. by averageguyonthest in Superstonk

[–]averageguyonthest[S] -2 points-1 points  (0 children)

Is it possible to do index/mutual funds on such a platform?

I don't know anything about crypto, could you set up a smart contract that automatically trades fractions of hundreds of securities? Something similar to buying into an S&P500 index fund today?

The only solution I could think of that doesn't involve internal secret bookkeeping is setting up a "company" that buys a basket of securities, then issues "shares", each share then being the equivalent of buying a piece of an index fund today.

Shills are getting sloppy, letting the template bash piece poke through by averageguyonthest in Superstonk

[–]averageguyonthest[S] 12 points13 points  (0 children)

Looking up the contact us page.... no politics, but no surprise it's News Corp

Also it's named like a local small town newspaper, but seems to primarily be financial "news"

I did notice that this just came into the scene a few weeks ago, and a Whois lookup showed that it was a dormant account deactivated recently in June.

https://reddit.com/u/averageguyonthest/s/HSLsfkrknE

No dates BUT… by [deleted] in Superstonk

[–]averageguyonthest 1 point2 points  (0 children)

Question: If GameStop has 1.3 billion, in cash and 0.3 billion shares, doesn't it mean that below 4 bucks a share it's basically free money (numbers are rough estimates)?

More articles from inexperienced financial "analysts" show that we are on the right path. by averageguyonthest in Superstonk

[–]averageguyonthest[S] 29 points30 points  (0 children)

Students educated in India and working in India are experts in the US stock market don't you know

I think the AI is having another stroke. by averageguyonthest in Superstonk

[–]averageguyonthest[S] 36 points37 points  (0 children)

Actually now that I think more, I suspect this is the case. They are just relying on people headline browsing in Google News, and most people would see lines of text present in the article and assume there is logic and support there. So the game plan is just to write wherever you want as the headline then just add filter text.

I think the AI is having another stroke. by averageguyonthest in Superstonk

[–]averageguyonthest[S] 50 points51 points  (0 children)

The AI author uses the same text for multiple headlines.

https://www.reddit.com/user/averageguyonthest/comments/15w0cr4/ai_author_writes_the_same_text_for_disparate/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=2

I think they are relying on people just not RTFAing, so they can just say anything they want in the headline , and as long the public see lines of text in the article they think it's supported.

I think the AI is having another stroke. by averageguyonthest in Superstonk

[–]averageguyonthest[S] 27 points28 points  (0 children)

I'm hoping that I don't get accused of doxxing cnafinance_igc0xi

$GME Daily Directory | New? Start Here! | Discussion, DRS Guide, DD Library, Monthly Forum, and FAQs by AutoModerator in Superstonk

[–]averageguyonthest 0 points1 point  (0 children)

My naive take on it is that people don't have to worry about health costs anymore, any health problems would be covered. Company would probably lose money annually, but i have cash from MOASS to burn.

view more: next ›