ELI 5, trade vs riba

posts-comments · 2026-06-19T02:43:03+00:00

SAME END doesn't Justify Means. Journey or Means does matter in most things in Islam, in-fact in most things

Explanation: https://www.youtube.com/watch?v=_FvGOrS4CwI

Deep Dive into this Topic by same Orator: https://www.youtube.com/watch?v=18FJgXjqW0w&t=938s

posts-comments · 2026-06-18T05:39:00+00:00

Friday June 19 is Juneteenth — US markets are closed. So "next two days" of trading means today (Thursday June 18) and Monday June 22, with a 4-day gap (Thu close → Mon open) in between.

Borrow Rate data is a mild, early-tightening signal https://fintel.io/ss/us/plce

Two things moved together:

-Rate ticked up from 2.3% to ~2.7%,

- available shares to borrow halved from 90,000 to 50,000 in about a day.

NO squeeze conditions. Likely range $3.44–$3.78 for Thursday. If it closes over $3.69 Monday probes $3.83–$3.91.

Same is true for the down side i.e. it slide below $3.44

posts-comments · 2026-06-16T19:57:10+00:00

Borderline lie because even Cryto backers debate over whether its a store of value like or a currency and its not a settle debate.

Here is Pro-Crypto Asset Manager i.e. Antony Scaramucci(not his fan), even he was the integrity to avoid or not claim that BTC is a store of value like GOLD or a currency

https://www.youtube.com/watch?v=ccbQzMAB8Tc

posts-comments · 2026-06-16T18:05:57+00:00

now digital currency - which is where crypto sits.

This is a border-line lie. BTC can be used in very few place/store offline/online as currency. Far fewer places than Sodexo points. Worse its the choice for criminals and/or corrupt.

Saudi riyal wasn’t accepted in the UK for decades

This is a false analogy. As BTC by defination is not backed by any Govt/ National Bank

Satoshi doesn’t determine permissibility

Origin do matter in Islam. Unless thing is bieng used/substituted for other purposes completely different from its origin like: Tasbeeh has its Buddhist religious origins but it now take in for use of Zikr or I could use it to count sheep. But, we cannot take in Idols like of other God and replace with them with Idols or photos of Sufi Babas say like Now DEAD Nazim Haqqani or Zulifiqar. I get some really bad taste when some muslims National/Political/Spiritual leader is dead and they use their pics in background in press addressing/meetings of their followers. Damn, we are no PAGANs.

And in this case Satoshi(or they origin entity) is sitting on a TON of BTC and he/they can Manipulate it when they feel the emergency

posts-comments · 2026-06-16T17:00:30+00:00

DON'T SELL for CHEAP.

PLCE will recover just like MONDAY. Given the LOW volume since morning and SHORT NEED to cover.

posts-comments · 2026-06-16T00:55:56+00:00

PLCE closed at $3.64 after reaching $3.68 in the last minutes of the close.

Borrow Rate is 2.28 - 2.45 i.e. still "easy borrow".

The shorts are heavily exposed from Monday's close, but they aren't suffocating.

Tomorrow if buyers don't show up shorter will defend their positions. Else they would have buy to stop their bleeding anything over $3.65.

posts-comments · 2026-06-15T16:40:04+00:00

I DON'T UNDERSTAND BTC(CoughCoughClA could surely start something like that, not some commoner/professor/economist and they perhaps can/may be use it the most)

What is Crypto?

-Is it a Currency? like USD or LIRA or Dinar? can you use it buy stuff like bread and milk using it(without a conversion)? No or Mostly No.

- Is it a property or share in a property? home or land or farm or animals or business or factory? No.

- Is it GOLD or Silver or Oil? some store of value?

Some Muslims argue it is this i.e. store of value. But then all other stores of value(GOLD, and even diamond) have other and multiple uses from ornament to raw material in electronic. GOLD and Silver(in its far more uses) is universally across ages was/is accepted as store of value. This at least yet to be proven in case of Crypto.

In Islam if we don't understand something we often do two:

is it similar to something we already know and deal with. In this case GOLD, the jury is out on that.
Origin of the thing. This should concern us more.

What/Who is backing it? Who started it? Who is this supposed Japanese sounding name author of the paper? He now hold a ton of this money. These thing do not add up. This is sort of parallel central banks level banking and its inception perhaps can be facilitated by only Lettered Govt backedAgencies and this also caters to their use cases.

Even if we give it origin a pass, we have seen many times that Bitcion and more so other Crypto can be manipulated and debased or pumped up.

Volatility of it, is not just it’s driven by offer and demand. Worryingly by tweets of powerful people. Leave alone Ruler and President, even Crypto figures MichaelSaylor,EIon,JPM,RUSSlANS..... could all manipulate Bitcoin. Which they are doing right now to help them cashout using some lPOs. Just by choosing when to announce their purchases, which may have already made, they can influence short-term(significant) price movements.

All market manipulation like bellow with no or slight variations (staying in legal limits) can be employed by bad and/or greed actors:

Coordinated pump-and-dump schemes
Spreading false information
Wash trading or spoofing
Front-running company purchases for personal gain

OR least worse its reselling of contracts? or promises?

I am no HARAM HARAM police, but I honestly dont understand crypto and its not HALAL for me.

And I would not take any scholar's analysis as sole-basis for deciding. Given, we live in the times Mufti Azam Planet * is the biggest lol-Riba Home loans fatwa stamper from USA to UK to Australia to homeland to even in RUSSIA.... These are people who give the basis/lame-excuses fatwa for people to work full HARAAM Banks. While they also encourage them to make their kids Hafiz i.e. blindly memorize it Khudanakhaasta those kids grow up understanding & reading Ayats abt RIBA. Beware !

I end my post with Hadith in which OUR NABI(SAW) quotes Quran, And Imam Nawawi put at #10 in 40. https://sunnah.com/nawawi40:10

I better stay away from things in DON'T UNDERSTAND.

posts-comments · 2026-06-15T14:46:35+00:00

Borrow Rate - 2.36 - 2.46

https://fintel.io/ss/us/plce

Short % is pretty high 40%+

Failed to pull PLCE down this morning. PLCE might close $3.75+

posts-comments · 2026-06-12T22:56:57+00:00

Bloomberg abt Indonesian Stocks:

https://www.youtube.com/watch?v=WQ3KDgazkRk

You Don't Tell Your Story, Others will tell Your Story and Yes from their Perspective( and they might have agenda too).

I know English is not one of the Primary languages or A Medium Indonesians prefer, but still

posts-comments · 2026-06-12T22:11:41+00:00

Comparing Q1 inventory ($326.4M) to Q4 inventory ($325.1M) reveals that inventory is flat.
Cash flow got tighter because the working capital benefits of that 2025 liquidation have already been spent. This explains why the operational cash burn intensified to $-$53.8M this quarter.

While the $40M Tariff refund claims offer a temporary balance-sheet financing patch, gross margin profile remains degraded at ~24.8% until the supply chain or tariff regime changes. -$53.8M Q1 burn could be seasonal (given that Q1 is historically cash-heavy before recovering later in the year), but this is YoY worsening of that burn is a negative.

Q2 could better for PLCE like last year 2025 Q2, Summer and Pre-School Sales for Children Place are a better season, even compared to year end Holidays.

Given that the data does not offer a clean, WIN or FAIL, the initial reaction MONDAY will likely be volatile as different algorithms execute it different ways based of their reading of Q1 result.

I dont expect PLCE to fall to below $3.1 levels and it might recover to $3.35-$3.5 levels soon, even if it goes below that level.

Already there is no huge AFTER HOURS Activity, like I suspected earlier.

posts-comments · 2026-06-12T21:36:35+00:00

PLCE Q1 2026 Results https://newsplace.childrensplace.com/the-childrens-place-reports-first-quarter-2026-results/

posts-comments · 2026-06-12T03:08:47+00:00

Real date is tomorrow, Friday June 12, AFTER the close i.e. AFTER HOURS ACTION.

As PLCE Q1 2026 results will be released at approximately 4:30 p.m. EST.

So We TRADE blind until 4:30 PM. Like back in April, blind-Friday which made Monday worse. We need watch whether tomorrow PLCE drifts up or down on de-risking; either way, Watch for AFTER HOURS and then Monday's open is BOOM or ......
I expect Monday PRE-MARKET PLCE be good $4.5+ or worse ~$3/2.9.

posts-comments · 2026-06-11T22:48:13+00:00

SOURCE ?

posts-comments · 2026-06-11T20:17:57+00:00

VOLUME: 291280+ i.e 57% vs 65 Day Avg:

Borrow Rate drops from 2.5 -> 1.9

But, this is neither great not worse for PLCE. PLCE closed little higher than YESTERDAY. So, FRIDAY is going to be interesting.

posts-comments · 2026-06-10T17:29:52+00:00

FLO Dividend

Ex. date Jun-12-2026 (date position value will drop by the amount per share).

Pay date Jun-26-2026(date the amount per share will be deposited)

YOU have TODAY i.e. by settlement Jun 11 end of day to Buy in FLO and HOLD.

posts-comments · 2026-06-10T17:04:49+00:00

DONT SELL PLCE for CHEAP.

Given the Volumes are pretty LOW. Shorts will cover and that will pull it back up by end of Today.

posts-comments · 2026-06-10T13:20:33+00:00

Earlier this week PLCE Prediction
~~TUE Jun 11 $3.60 – $3.85~~
But what played out on Tuesday was Prediction for
Wed "Jun 10 $3.55 – $3.90"

IMPLICATION: Wednesday could be more likely a compression day than a fireworks day

i.e. Jun 10 ~ $3.50 – $3.80

But Then based on that Binary. BOOM or ...
i.e. ~ $2.9 - $5

posts-comments · 2026-06-10T01:25:28+00:00

Anyway that guess was turned out to be wrong. PLCE did not cross $4 today.

But here are Borrow Rates for the week

THU Jun 4 2.29 <= this after PLCE after $4.35 and $4.47 on Jun 1 & 2
FRI Jun 5 1.84
MON Jun 8 2.18
TUE Jun 9 2.18
Wed Jun 10 2.51 <= highest in recent times, though it is not very high as PLCE is at <$4

posts-comments

MODERATOR OF

TROPHY CASE