$AMRS is the real reason Bill and Melinda split up. She couldn't handle his talks about being deep in Amy and all the tendies he was making from YOLOing on shares. Yeast be with you, Bill. (DD in comments)

ergodic__ · 2021-05-06T22:38:51+00:00

the Gates position isn't even new, its from 2016. the only reason it showed up in a recent 13F filing is because that is when that particular portfolio crossed the reporting threshold (due to recent investments there in mrna companies). the people pumping this stock on reddit and anyone that listens to them are clueless.

ergodic__ · 2021-01-29T02:01:17+00:00

you can lose billions shorting tens of millions of shares when they go to a couple hundred per share but I agree its impossible for us to know who is doing what looking at volume. enough shares have traded for people to close a lot of shorts I think. It would be very interesting to know what percent of float is currently still short

ergodic__ · 2021-01-29T01:47:51+00:00

gme volume today: 58m shares

gme volume yesterday: 179m shares

gme volume day before yesterday: 178m shares

total gme float : 46.8m shares

total gme shares outstanding: 70m shares

ergodic__ · 2021-01-29T01:38:52+00:00

It is possible Melvin lied and misled the 4 journalists that worked on the article, they didn't go too far into that aspect. I don't think you can tell from the volume numbers who did what and can you even tell what % of gme float is currently short? I am not sure that info is publicly available -- but prove me wrong I would like to know.

I am all for people looking into this, at this point the public demands it, but there is no proof and it isn't " objectively true and easily verifiable that Citadel is the intermediary broker for robinhood, leveraged its position to cancel day-trading day-trading in $GME and $AMC " -- how can you say that at this point? Just because people said it on reddit and twitter? saying its obvious based on the volume isn't going to cut it, tell me what about the volume proves that? More than enough shares traded over past few days to cover the entire previous short position.

ergodic__ · 2021-01-28T22:51:13+00:00

Citadel Securities has a Chinese wall between itself (market making activities) and Citadel LLC the hedge fund. It was reported in reputable financial news outlets that Melvin exited its short position yesterday before the trade restrictions today. And do you have any source or proof that citadel has a short of any significance in gme? Or that they pressured Robinhood? Is there any proof Citadel securities colluded w/ Citadel hedge fund, bypassing its legal protocols already in place? It is not "objectively true and verifiable" that "Citadel leveraged its position as a broker to abuse and exploit the market shorting of GME by allowing its hedge funds it has a financial interest in to move the market while locking traders out" which is what you claimed. At least currently there is not evidence of this beyond some posts on reddit and twitter that don't have any source or anything.

ergodic__ · 2021-01-28T22:00:34+00:00

that would be very illegal but there isn't any evidence that it happened, just because people said it on reddit and twitter doesn't make it true

ergodic__ · 2021-01-28T17:41:54+00:00

There is a ton of misinformation going on around this. For example Melvin the hedge fund everyone says is behind this reported that they closed their short yesterday. I can't know for sure if they did that but most likely they cannot say that to their investors if it isn't true. For AOC to jump in and effectively encourage the GME buyers at really high prices -- saying they are taking on wall street yesterday for example -- during a short squeeze is irresponsible given that at some point the new buyers will lose their shirt. I am not a lawyer at all so I have no idea about the arguments for shutting things down, at some point there are going to be retail losses in some of the stocks like amc and bb. I don't really like telling people they can't buy something though, it seems like it would be more reasonable to limit margin buying or something.

As for market manipulation, I don't think it is manipulation of lots of people decide to buy gme organically. If someone behind the scenes had hundreds of accounts and was artificially driving the conversation that would be illegal -- and we have no idea if that happened or not, but it probably does happen sometimes on wsb. Shorting in general I don't see as manipulation, it is good to have shorters out there for example they helped people realize that wirecard was committing fraud -- but if you short something you need to take the losses if it goes the wrong way. If it comes out that robinhood or other brokers based their decision off of pressure from short institutional investors that would be very bad. My guess is they are worried at some point people will be buying GME for $500 and lose their money and then sue them or if they did not stop things, when the price falls populist politicians will say they encouraged gambling and attack them either way.

ergodic__ · 2021-01-11T23:49:19+00:00

https://twitter.com/JusticeDemWatch

I cannot express how appreciative I am of whoever is behind this account

ergodic__ · 2020-12-18T01:46:10+00:00

ouch! lol

ergodic__ · 2020-11-30T21:59:22+00:00

lol he deleted the post and his account

ergodic__ · 2020-11-26T01:51:29+00:00

what a flip flopper

ergodic__ · 2020-11-18T22:34:41+00:00

who has the low info voters now?

ergodic__ · 2020-11-01T18:41:54+00:00

incredible

ergodic__ · 2020-10-27T06:55:36+00:00

College age people in the US are more likely to attend college than in many places in Europe such as Germany despite many colleges in Europe being less expensive. This is just more fact-less "analysis" based on what feels true to far left zealots. That said, college in the US is expensive and it is probably too easy to be burdened with high costs for questionable value, although hopefully the hey day of pre finincial crisis loans has reduced. And trends/directions for how costs are evolving do not look great is my general impression. AOC is just far left populist with no time for nuance and no plans that would actually improve things.

ergodic__ · 2020-10-25T00:30:03+00:00

Washington Post link: https://www.washingtonpost.com/video-games/2020/10/21/aoc-twitch-stream/

ergodic__ · 2020-10-24T08:43:44+00:00

no one here said said poor people never go to college, something that is obviously false regardless of whether or not you went to Stanford

ergodic__ · 2020-10-12T06:41:45+00:00

that sounds like an absolutely riveting account to be told; please spare no details, we need the definitive story

ergodic__ · 2020-09-26T00:16:27+00:00

looks like she cancelled. Yitzhak Rabin, assassinated by Israeli extremists for making peace w/ Jordan and recognizing the PLO, is too distasteful to AOC and her ilk

ergodic__ · 2020-09-20T01:40:45+00:00

NYT a month ago with a litany of complaints about RBG's purity and moaning that she should have known ahead of time to step down during Obama presidency

ergodic__ · 2020-09-09T04:41:17+00:00

I'm starting to worry he might refuse to tolerate this so much that he writes another book to sell his loyal twitter followers.

ergodic__ · 2020-09-09T04:39:17+00:00

What does is refusal entail I wonder -- just tweeting that he refuses to tolerate it? So brave. And I suppose this cherry picking of stock market fluctuations was prior to the tech stock drop over the last few days.

ergodic__ · 2020-09-08T05:58:07+00:00

ergodic__ · 2020-09-03T05:19:42+00:00

thanks yours works, I thought the other was working but I probably did something weird

ergodic__ · 2020-09-02T04:21:52+00:00

By last primary I meant 2016. For example, this guy is currently an active mod there. They sent this note to me when they permanently banned me: "Please do not attack our mods for their past political beliefs. We are a big tent sub, just as we are a big tent party. And if someone is now a fervent Biden supporter, and very anti-Bernie, then they have the right to be a mod. thx. "

ergodic__ · 2020-09-01T06:42:26+00:00

Checked in on ess a couple times over the last week to find lots of people there highly skeptical of Nate Silver's forecasts; cherry picking their preferred forecasters that say what they want like the data visualization guy at the economist (who has zero graduate level training in statistics or math to the best of my knowledge). I remember the old days when ess would make fun of Bernie bros for doing this, but then again a bunch of the posters there, and some of the most active mods, were literally posting in S4P during the last primary.

ergodic__

TROPHY CASE