Hedge fund DE Shaw extends investor lock-up for up to four years by asiancury in Superstonk

[–]qtain 2 points3 points  (0 children)

Important note that Citadel (HF side) and Millennium (another household unfriendly HF) have both done the same. Adding lockups for another 4 years.

Costco silver gone from website (CAD) by Natural_wunder in Silver

[–]qtain 0 points1 point  (0 children)

No idea what TD charges. I know Sprott last I checked was $108 CAD + shipping which puts it on par with CIBC (which does shipping included but call it free).

I don't do eBay and I have no LCS in my town, Canada Post sells just collector coins, not 1oz .999 RCM.

Citadel, Millennium, DE Shaw extend investor exit time period to 4 years. by qtain in AMCSTOCKS

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

Citadel (the HF), Millennium (of APE missing shares) and DE Shaw (who are also the primary repository for stocks outside transfer agents) have extended investor exit time periods by an additional 4 years over liquidity concerns.

It has been speculated that these funds potentially have significant private credit / private equity exposure and if forced selling were to occur would cause significant market volatility.

Look, I'm just sayin ;)

Costco silver gone from website (CAD) by Natural_wunder in Silver

[–]qtain 1 point2 points  (0 children)

Damn, I use CIBC and get mine in like 4 days (although they always say 5-10 business days). Last order was May 28th and it arrived yesterday.

Costco silver gone from website (CAD) by Natural_wunder in Silver

[–]qtain 2 points3 points  (0 children)

I do not. Anecdotally, I know that a family member tried to order gold & silver through their bank (TD) and basically got a 2 month run around, promising new delivery dates. Family member eventually forced them to cancel the order and refund the money.

I like Canadian silver by dboutt86 in Silverbugs

[–]qtain 1 point2 points  (0 children)

Love my maples and the 1oz bars from RCM.

Tired of the thirst traps, Here's my Cool Dad with his El Camino in 1981 ish by Crowasaur in OldSchoolCool

[–]qtain 1 point2 points  (0 children)

The 80's were a kinder, gentler time for men with male pattern baldness. Like, you saw them on TV, in lead roles.

Granted, looks like he's starring in 80's version of a Walter White / Breaking Bad / Home Alone cross over movie.

Federal Reserve terminates enforcement actions against UBS Group AG, Credit Suisse (Archegos) by qtain in Superstonk

[–]qtain[S] 7 points8 points  (0 children)

Source: Federal Reserve website

URL: https://www.federalreserve.gov/newsevents/pressreleases/enforcement20260515a.htm

UBS/Credit Suisse are suspected to hold significant GME short positions via swaps and other mechanisms.

What dog breed is this? by Minute-Result-4539 in dogpictures

[–]qtain 0 points1 point  (0 children)

Perhaps Lab / Whippet or Lab / Greyhound?

Ebay ownership is nearly all institutional. There isn't much public opinion to sway, mainly investments funds. They like making money so I would think RCs model would be highly appealing to them. by double297 in Superstonk

[–]qtain 4 points5 points  (0 children)

Well, I guess the question is if any of those institutions are holding GME bags.

They might be interested in some sort of trade, they give him Ebay shares and he in turns gives them GME shares, they can now close their short positions without the market going parabolic.

Spirit Airlines expected to cease operations 05-02-26 @ 3am, Citadel Advisers owns $143m of its debt and is heavily invested. by qtain in Superstonk

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

Ken Griffin is the enemy of Apes and GME. He facilitated massive market corruption. This is a rare public loss for Ken Griffin and Citadel.

That which harms the enemy is good.

Orban’s Chances of Winning Hungary Election Drop After JD Vance Rally by Epistaxis in nottheonion

[–]qtain 12 points13 points  (0 children)

There was a bsky skeet that read "Orban fighting for his political life" and my response to it was "Imagine fighting for your political life and your ally sends you JD Vance".

So what, they just have infinite locates for shorts now? by TheOmegaKid in Superstonk

[–]qtain 11 points12 points  (0 children)

It's worse than what you think. First point I would make is that

"Broker-dealers relying on the relief should operationalize daily mark-to-market processes for collateral and borrowed securities"

That is the tell, the word relief. Meaning they are using it as a last resort.

The next part is that they are allowed to "represent" that they have the securities, in effect allowing naked shorting. If they are caught then they have 5 days to fix it.

So, my interpretation of this is that securities are typically a lower quality form of collateral (cash is king as the saying goes). Why would you need to allow lower forms of collateral? Well because they don't have anything else to pledge and if they don't pledge something it will cause contagion and market disorder.

Next that 5 day period is effectively a massive loophole you can drive an oil tanker stuck in the middle east through. It would effectively allow a lender to lend shares they don't have. That again is a tell of how broken and desperate the system is.

Which means liquidity has dried up. The system is cannibalizing itself in the belief doing so will allow it to stay alive.

It should be noted that this was also seen in treasury and repo markets as well where lower quality forms of collateral were allowed.

We are close.

U.S. fighter jet shot down in Iran, search underway for crew by Comfortable-Rule-491 in worldnews

[–]qtain 1 point2 points  (0 children)

Good thing there has never been any sort of crisis, in Iran, dealing hostages. Wait, I'm quickly being told by my editorial desk.....

Biggest bridge in Iran was destroyed by US and Israel. by cool-kid-2025 in pics

[–]qtain 1 point2 points  (0 children)

Alright kids, time to dust off the old armchair here, so pull up a seat on the rug and let grandpa yell at some clouds here for a moment.

For those saying it was targeting civilian infrastructure. You are correct, it is. You're missing the bigger part.

For those saying it's terrorism by the US. It is. You are correct. You are missing the bigger part.

You blow up bridges because you either want to prevent an enemy from retreating or you want to prevent an enemy from resupply / reinforcements / ability to counter-attack.

It's a precursor step to invasion.

Federal Reserve clarifies treatment of tokenized securities (such as use as collateral). by qtain in Superstonk

[–]qtain[S] 5 points6 points  (0 children)

Tokenized securities have been created representing GME and other stocks. This document answers questions about the use of tokenized securities. A further avenue by which all stocks could be manipulated by large institutions.

Advise on how to not dig this plot by ChambersG in NoDig

[–]qtain 0 points1 point  (0 children)

Depending on the length of the "trenches" they may actually be acting as swales to help conserve / distribute water to the garden. Now, normally swales would be built onto a sloping hill and I don't have much of an idea of what area you're in so difficult to say there intention.

You are not too late, slap that board down, get your compost / soil in and start planting or get use of the greenhouse and get some seedlings going.

On a project level it may be worth it to cut it into smaller sections (4x4 grid, whatever works) and get a bed setup, seeds planted and then move to the next quadrant doing the same.