Overstock curtains
Need advice on securing a gazebo to my paver patio
2023.03.29 05:17 Legitimate-Ad3088 Need advice on securing a gazebo to my paver patio
I recently purchased this gazebo and wanted to anchor it to the patio. The gazebo is very light and may fly off when it’s windy. Upon contacting the contractor that built the patio for me, he mentioned he couldn’t drill the pavers to secure it because it would void my patio warranty. So I was wondering if Reddit could advise me on a creative way to secure this gazebo without drilling the pavers or putting sandbags (I don’t like how those look)
submitted by Legitimate-Ad3088 to HomeImprovement [link] [comments]
2023.03.07 20:08 Aazardian Serving Those Who Served Us. Practical Build On Site Dwelling - Usable as True Home - 192sq ft Canadian OBC Code Compliant
 | EDIT: "Over my paygrade" / "Armchair general" issues (AKA: Stuff I dont understand well enough) submitted by Aazardian to u/Aazardian [link] [comments]
Designed specifically for, dignified, bootstrap housing. Meeting/Exceeding Canadian Building Codes
Design Family Name: "CAN-ECON-MODATE" 192/384/768/1152Play on "Can Accommodate", as: CAN = Canada, ECON = Economical, Sanskrit "Modate" - "of eternal joy/satisfaction"Reasonable universal Floorplan (Standard + Mobility Impaired, "wet wall" is top-right corner) Universal Floorplan (Standard + Mobility Impaired) 192sq ft, including 32sq ft bathroom (mech room loft overhead)
Modular Expansion (For nuclear families, with children)Two Floor - 2 Bedrooms & 1.5 Bathrooms - 384sq ft (Minimum for Family/119sq ft Great Room)
To Scale - 384sq ft floorplan
Double Wide, 16ft, & Triple Wide, 24ft, Units
Lot Spacing: On a 1/15 Acre, or 44ftx66ft, "Sub-Lot"
Ontario Building Code Considerations:
Dwelling info:At $50K on a $50K lot & 5yr fixed rate 1% loan = $1700/month
You could subdivide 1 acre into 1/5 acre lots, 3 dwellings each = 15 units per acre (44ft x 66ft each)
YES, Plywood would be better, but would bloom costs VASTLY (the majority of lumber cost is the 7/16 OBS at 4x8ft)
Building materials for each unit can be flat packed in a 4'x8' 4ft tall shipping units for roadway delivery/portability. A 20 foot semi-trailer could haul 10 of these units where needed and erected by as few 2 labors, in as little as a day (2x workers = 1 unit/day), even without power tools.
Materials (basic shell/interior unfinished + approx):
Power Use: no unit over 900 Watts (Avg user cost: $50/month)NOTE: All units are 115V operation with pre-installed cords include 3-pronged cords for easy setup (normal outlet) & ETL/ETL-C/CE/EnergyStar certified
CostsAssuming $50K Lot, $20K Materials/Fittings/Finishing's, $20K Labor, & $10K Other (permits/transport)
At $50K on a $50K lot & 5yr fixed rate 1% loan = $1700/month
Housing for so little, for Veterans that gave us so much
Missing MDF Dresser, Cupboard & Wardrobe/Wall Unit, (described, not pictured elsewhere)
30" Kitchenette + 24" Laundry/Workspace Concept (Cupboard 24" above, bottom equal shelf top)
Missing Flooring/Sheathing (described, not pictured elsewhere) clean! CHEAP! has the added effect of \" area looking bigger\", easier with \"trim rib\" every 4ft Missing Tile (For backsplashes & in bathroom, described, not pictured elsewhere) clean! CHEAP! Glossy for slight reflection = \"area looks bigger\" // Is 32sq ft a decent bathroom?
// WheelsCant got far on foot (for non-handicap units)
So I just called the number for sales. Spoke to sales agent. $60 (sample) for a 17\" frame 26\"x400L, 7 speed arrives 100% ready to ride // Bootstrap Housing ChecklistBootstrap Housing ChecklistKitchen/Combo Room ❏ 900w/900w/600w/320w, AIO Kitchenette: Shelf, Cabinet, Sink, 2x Burner Hot Plate, RefrigeratoFreezer ($1400) ❏ Kitchen Skink Faucet Low Flow Aerators: Belcor 0.75GPM ($20) ❏ 900w All-In-One Ventless WasheDryer Laundry Unit (uses 7 Gallons “pure hot water” on hottest wash) ($1400) ❏ MDF cupboards: one 24”x36”x12”, one 30”x24”x12” ($200) ❏ Small Low Watt Appliances, used at least weekly: Toaster, Microwave, Toaster Oven, Kettle, etc (max 5x or 30” total width) ❏ Somewhere to sit & eat: a table and chairs, etc. ($125) ❏ Plates and bowls 4x Dinner Plates, 4x Side Plates, 4x Bowls ($24) ❏ Pitcher, drinking Glasses and Mugs: 1x Pitcher, 4x Glasses & 4x Mugs ($18) ❏ Teapot & Coffee Press ($8) ❏ Food storage set: Pyrex container, not plastic, & Steel Thermos, with tote-bag ($8) ❏ Silverware: 4x Teaspoons & Tablespoons, 4x Salad forks & Dinner forks, 4x Butter knives & Steak knives ($6) ❏ Cooking Knives: one chef’s knife, and one paring knife, plus kitchen shears ($10) ❏ Cooking utensils: at least one spatula, one set of tongs, one ladle, and mixing spoon. ($8) ❏ Special utensils, semi-regular use: Can opener, Vegetable peeler, small Grater ($8) ❏ One large Mixing bowl: for mixing in ($4) ❏ Two Pots, one big enough to make pasta & a second smaller one to heat soup/etc ($8) ❏ Two frying pans, One big enough to sauté meat, another to fry eggs/etc ($8) ❏ One colandestrainer, or similar way to drain your pot or pan ($4) ❏ Measuring cup and spoons: tea/table measuring spoons and 1-cup measuring cup ($8) ❏ Two Cutting boards: One large, One smaller ($6) ❏ One Rimmed baking sheet oven size fit ($4) ❏ One Roasting pan, oven size fit, & Any baking supplies you think you’ll use: a muffin tin, bread pan ($4) ❏ Oven mitts, pair - Silicon coated to avoid wet mitt burns ($4) ❏ Bag Re-Closing clips & Ziploc type bags – One box of them, for sealing looser items ($4) ❏ Food container, multi-size, nesting (kid’s lunch containers style) ($4) ❏ Dish cloths, flour sack or other means of washing dishes ($4) ❏ Dish towels: flour sack towels are cheap and more absorbent than “printed” dish towels ($4) ❏ Dish soap ($3) ❏ Dish drying rack ($4) ❏ 13 to 15 Gallon Trash Can with a lid/foot pedal and trash bags ($20) Bedroom/Combo Room ❏ Mattress and bed frame: I find MODERN Futons very comfortable, good looking & space saving ($200) ❏ Sheets: two sets, ideally ($6) ❏ Heavy blankets, (quilt, duvet and cover, etc.) ideally two ($8) ❏ Pillow(s), ideally two ($4, or $8 for two) ❏ Somewhere to store clothes: Neatly folded/hung/stowed, a small set of cloth drawers & Wardrobe suffice. ($300) ❏ Clothing Hangers At least a few, more if required/needed ($4) ❏ A place to store shoes: an over-the-door shoe holder, or a MDF Shoe rack ($20) ❏ A nightstand: a traditional Nightstand/Drawer cabinet or a side table, or shelf. ($100) ❏ Laundry hamper: 1x two section pop-up, or over-the-door, hamper, one section for whites, one for darks. ($4) ❏ Table/desk lamp you can turn off from bed ($4) ❏ Alarm clock ($4) Living area/Combo Room ❏ Comfortable seating: if you need a futon to save space, it’s a 2-for-1! ❏ Coffee table, End table, &/OR Desk A surface to set things on ($100) ❏ A way to watch media, play games, study/work & connect to internet. HDTV + Mini PC is lightest set-up. ($150) ❏ A media stand/shelf or other place put your TV & to store books, DVDs, games, etc. ($100) ❏ Keys holder, ideally by the entry doolight switch. ($4) Bathroom ❏ Shower Stall, Coach Sink, Toilet ($900) ❏ Low Flow Showerhead: Belcor UltraMax Ultra Low Flow 0.55GPM ($75) ❏ Coach Sink Faucet Low Flow Aerator: 0.375GPM ($20) ❏ Shower: anti-skid pad, curtain, liner, and hooks ($15) ❏ In-shower organization caddy ($4) ❏ Bath mat ($4) ❏ Toothbrush, Toothpaste, Floss, Hand soap, Shampoo & Conditioner ($12) ❏ Towels: washcloth, hand towel, bath towel; two of each, ideally ($16) ❏ Toilet paper & extra paper roller - Better to have & not need, than to need, & not have ($10) ❏ 1.3 to 2.6 Gallon Trash Can with a lid/foot pedal and trash bags ($10) ❏ Plunger ($4) ❏ An extra sink drain plug - Better to have & not need, than to need, & not have ($4) Cleaning & Home Maintenance ❏ 900w 10 Gallon Hot Water Tank ($550) ❏ 900w/500w, 5000BTU Mini-Split Heat-Pump/AC Unit 2-Zone with dual thermostat (interior install) ($800) ❏ Broom and dustpan ($8) ❏ Mop, with mop-bucket & bottle of floor cleaner ($12) ❏ Vacuum: If you don’t need a full-sized vacuum, a small, canister (bagless), stick vacuum. ($30) ❏ Cleaning cloths – One microfiber, & Two washable tough-weave cloth ($8) ❏ Toilet brush: Ideally, you’d have one for each bathroom. One might come with your plunger! ($4) ❏ Two Scrub brushes: an all-purpose one and one for grout lines/hard grime ❏ Spray Bottle & Collapsing Tub ($8) ❏ Dryer balls & Disk/Puck (MUCH cheaper than dryer sheets long-term) ($8) ❏ LED Lightbulbs 7w (area) /9w (work/read)/11w (spot). More is over-kill bright ($20) ❏ Multipurpose cleaner: Surface, Mirror & Glass, Spray ($4) ❏ Bleach, Goggles & Gloves ($12) ❏ Laundry detergent: (high efficiency) ($4) ❏ One Anti-surge Power strip and one, 3 pin, extension 6ft cord ($10) ❏ Basic tool kit: Flashlight, Allen keys, multi-driver, multi-tool, hammer, crescent wrench & measuring tape ($20) // SIP INFO:EPS/XPS isnt that good, Make your own SIP-PURNunavut Affording Housing study (Images source: 2021)
Humm Making them to fit seems a better value/R-rating Known manufactures of pre-fab SIPS (NO, IMHO, TOO COSTLY) OBS... use caution to avoid poor craftsmanship on final SIP units Correct SIP methodology |
2022.11.25 17:43 aidatoubab Looking for input on a rug, other decorating (renting)
Living room photos
Just upsized and am looking to make the living room feel cozier, warmer, and more welcoming, though I want to keep it feeling spacious and light and to keep the palette cohesive. For a rug, I am torn between something that picks up on the colors in the throw and is more Persian (like this or this or this or this) vs something that is more minimalist and geometric (like this or this). I am also planning on getting some kind of curtain/window shade; maybe a roman blind like this or cream linen curtains like these (but the right length), though the windows could also be an area to add some more colointerest to the room.
Other things I am considering:
Advice/input is welcome on anything, including furniture arrangement, but especially rug choices, what to put between the windows, and window furnishings!
submitted by aidatoubab to HomeDecorating [link] [comments]
Just upsized and am looking to make the living room feel cozier, warmer, and more welcoming, though I want to keep it feeling spacious and light and to keep the palette cohesive. For a rug, I am torn between something that picks up on the colors in the throw and is more Persian (like this or this or this or this) vs something that is more minimalist and geometric (like this or this). I am also planning on getting some kind of curtain/window shade; maybe a roman blind like this or cream linen curtains like these (but the right length), though the windows could also be an area to add some more colointerest to the room.
Other things I am considering:
- Something between the two windows; maybe a bench to hold plants or credenza (I don't have a tv)
- Swapping out the chair for something bigger and cozier or more interesting (though unsure of what)
- Swapping out the small table (nightstand) by one doorway for something like this to hold hats and gloves
Advice/input is welcome on anything, including furniture arrangement, but especially rug choices, what to put between the windows, and window furnishings!
2022.11.19 04:58 Dck_IN_MSHED_POTATOS Double Dong: Local BBBY Store Make Over AND is the SHF ALGO running scared? Can apes Cellar Box price to 1 dollar to buy absolutely everything? then DRS? Check this out....
 | Last May I visited my local BBBY, and it look and felt like a cheap thrift store, I didn't take any pictures for comparision because I didn't intend to make this post. I revisited the same store last week, and look much better. The great thing was, it was just some small tweaks - thus, nothing that actually would cost money to change. If anything they just removed some terrible management decisions. It's kinda like in those 90s movies when the ugly girl really isn't ugly, she just needed to take offer the nerd glasses and take a shower. Thats what happened. BBBY was given a bath. She looks so beautiful. submitted by Dck_IN_MSHED_POTATOS to BBBY [link] [comments] Also, further in the post, please take a look at the screen shots of the options chain and the price. I think the SHF algo is trying to stay away from allowing calls to go in the money. AND, someone, Icahn, Apes, Other..... is buying "1 dollar above the strike when the price drops." What if, Apes Cellar box the price. Algo runs away from calls, price drops to 1 dollar, apes buy EVERYTHING --- THEN DRS? Store Front OLD: When I walked into the store. The first thing displayed is the clearance section. Old, unwanted, discounted, returned random junk. It looked terrible, cheap, like a thrift store. NEW: The same store front is now a pretty, organized, relevant and inviting Christmas display. The clearance section was moved to a seemly less traveled corner of the store. This makes sense. Everyone knows the clearance items are to be presented in the back. Also, I smelled every single Christmas candle and they all smelled great. Not good. But great. So I bought 2. OverStock OLD: The previous store had it’s overstock showing. I know it was noticeable, because I remembered it. I remember thinking “ dam, that’s a lot of towels. NEW: The new store had its overstock hidden by blue curtains. This made my eyes look down at the many unique things. Customers should not be distracted by overstock. If you think popcorn is a distraction, wait until you go into a store that has it’s overstock showing lol (I’m not hating on any stonks - joke) But, since it was cleaned up it looked so much better. Rewards Program OLD: The previous rewards program was offered at the checkout counter. At checkout, I was asked if I wanted to pay 30-40 bucks for a membership. I said no. I don’t shop here often. BBBY is a specialty shop. Specialty shops aren’t bad, but the frequency is different than a gaming store where someone might buy a new game ever X time. For BBBY, it’s really random. NEW: The new rewards program was offered at checkout too, but he asked me to join for free. I said yes. Then he asked If I shopped her often. I said “sort of”. He the proceeded to offer the upgraded rewards program for 30-40 bucks. This offering makes much more sense. Get everyone to join for free, and for those that really like towels…. Maybe the upgraded member ship works for them. Wrapped Candles They offered to wrap my stuff. That was nice. And, all of these small improvements = $$$ without overpaid toxic executives. ---------------------------------------------------------------------SHF COULD BE RUNNING AWAY----------------------------------------------------------------- September October Now I'm no expert. I'm really not. And no financial advice. And, not even suggestion buying options. I'm just saying to look at this. What I see is the algo is afraid to go up, AND, i'm speculating there is a particular options price, maybe buying close to the money, that the algo runs away from. Look at Jan 2023's 5.00 calls in October, to Jan 2023 4.00 calls NOW. Do you see it running away? Is it driving the price down because it is scared? I'm VERY curious, if too pay 4.00 calls (or other close to the money) purchased at low IV, drive the ALGO to reduce the price to $3.00, then $2.00, then $1.00. I don't know. But, it's an interesting senerio when BBBY improves their numbers, then (probably) Icahn buys (or does something), at the very same time the every 3-5 month sneeze BBBY has, then all of these contracts go in the money..... then people exercise... Do you feel, like I do? DATES: No dates! But its funny, because I see alot of random options dates. And alot of options posts are supported by SHF bots and shills. These dates are seriously random. And if you're not new, like really new, you know what i'm talking about (Shills). But go ahead. Look through all the other options dates and compare to jan 2023. I nothing happens Jan 2023, that's cool, I keep buying more shares. But, I think it's loaded. I think the algo is running like a little bitch. TLDR: Store looks better, SHF are driving the price down cause scared of in the money calls, AND maybe there is a price point to buy that HURTS SHF, possibly right at the money as the price is dropping. |
2022.11.05 03:27 glitterykitty Home decor website recommendations?
Hi everyone,
I've finally moved into a really nice place and I'm looking for recommendations for websites to buy home decor stuff. I know about the big ones- overstock, wayfair PB, crate and barrel, etc but does anyone maybe have smaller businesses they like? For example - i'm trying to decorate the master bath and I don't want to choose from one of the twenty shower curtains PB has or navigate the 5,000 wayfair has. Thanks in advance!
submitted by glitterykitty to interiordecorating [link] [comments]
I've finally moved into a really nice place and I'm looking for recommendations for websites to buy home decor stuff. I know about the big ones- overstock, wayfair PB, crate and barrel, etc but does anyone maybe have smaller businesses they like? For example - i'm trying to decorate the master bath and I don't want to choose from one of the twenty shower curtains PB has or navigate the 5,000 wayfair has. Thanks in advance!
2022.09.09 12:57 Kingsley-Zissou Apes just locked the float. Now what? The “informed” investors guide.
TL/DR a Troglodytes guide to locking the float.
It’s early 2023 and the news is starting to break: the apes have locked the float. With a pause, you struggle to remember this cult you’ve been hearing about for the last 2 years. How many articles have you read telling you to forget this company? After all, why would you bother to invest in a company every single analyst confidently says is going to zero! You’re an informed investor. You pay for a subscription to motley fool, and you scavenge for hot tips every day! Jim Cramer is your Guru! CNBC might as well be your tuning frequency. Sure, most of your investments go red for the next year or two, but a good chunk eventually rebound! You’re up a healthy 4.5% year over year.
The companies you’ve heard about in the last years are swirling in your memory. Is it Ey Em See that’s locked the float? I mean, there was never any doubt that was a long-term safe play. Jimmy loves the CEO, and they bought a freaking gold mine! The stocks at $9 and the company is underwater in debt with a C-suite that sold the majority of their shares, but it’s due to heat up again soon..
Maybe it’s that store that sells bathrooms and bathroom accessories? It feels like we’re getting closer. I remember the CEO being the same person! Oh shit, there it is! We’re talking about GameStop! But wait? That place sells used video games and is bankrupt. Didn’t they go out of business around the same time as blockbuster? So what if the apes locked the float?
Are you one of millions of Americans waking up to the fact that Wall Street is run on fairy dust and unicorn farts, but struggling to understand what the heck is actually going on behind the curtain? Allow me, a regular everyday mouth breather, to be your guide in taking your first steps down the rabbit hole while I slam some knowledge about the machinations of American finance in a way that even the most highly regarded may be able to understand. This is not DD. This is simply a narrative which sheds light onto the DD already written in an easily palatable way for newcomers to understand. I would encourage anybody to continue on and improve this narrative in a quest to simplify the understanding of what is actually going on with GameStop and the market at large.
To understand what is happening with GameStop, it’s important to understand the state of American finance as a whole. And simply put, for anybody who remembers the term corporate raider from the 80’s, this is the next iteration. There is a fantastic book about the leveraged buyout of Kraft called Barbarians at the Gates. The content of the book examines so-called “hostile takeovers” of public companies through stock acquisitions and the creation of debt through junk bonds in order to facilitate these buyouts. The long and short of it is that raiding firms create debt financed by capital and secured by assets of the companies the raiders seek to acquire. If successful, the raiders will typically buy up the company and strip it to bones, taking all of the profit from the company while leaving the carcass for any debtors. It can be extremely profitable, but the risk of the raiders getting blown out of the water and losing their underlying capital should the company successfully repel their attack is huge.
Cut to modern day and things work a bit differently. Instead of raiding firms creating debt in order to leverage a buyout, which generates a risk to the raiders, they short the company with the intention of putting the company into bankruptcy. They install plants into the board of directors who hire outside “consultants” for turnaround strategies that consist of taking on crushing debt and selling profitable sectors for pennies on the dollar. They plant articles in the media in strategies known as “short and distort” which paint the target companies in a negative false light in order to drive sales of the stock. The hedge funds shorting the stock buy the pieces of the company they want (at deep discounts), and when the company eventually declares bankruptcy, the hedge funds that had shorted the stock into oblivion have secured tax free gains without fear of ever having to buy shares to close positions. They simply use the profitable short positions as collateral for new positions. It’s essentially debt without having to “create” debt.
This is an enormously profitable strategy which has worked nearly flawlessly up until now, with a few notable exceptions, the biggest being overstock. There have been many outspoken critics of short hedge funds in the last 20 years, but after being convinced that his company was being attacked in the market by naked short sellers, Overstock CEO Patrick Byrne decided to issue a crypto dividend in an effort to combat the shorts, to which he was briefly successful until a legal injunction killed the momentum. Though the courts ruled in Overstocks favor, it was too late to help the online retailer. However, it did set a precedent.
Ok, that’s all well and good, but how does GameStop fit into any of this?
GameStop is one of a number of consumer retail businesses suffering the same effects from the new generation of corporate raiders, with GameStop having the greatest attention and following of all these “basket stocks.” In January 2021, GameStop share prices exploded from the low teens to more than $500, with the pressure only easing once buy pressure was artificially restricted by brokers. FINRA reported short interest at over 200% at the height of the January sneeze, and the SEC reported that the significant increase in price was a result primarily of gamma exposure in the options chain as well as buying pressure from retail, with almost no short covering happening in the run up. Once brokers locked retail from making investments, it is speculated that short hedge funds doubled down by shorting an additional 9 million shares into the market. It is on this collection of facts and hypothesis that investors in GameStop stand: the shorts never closed their position.
The million dollar question: what happens when the apes lock the float?
This is where we get into the interesting part: what comes next. The reality is that individuals have locked about 25% of all shares in existence away from the DTCC.
Oh, you didn’t know that unless you have shares locked away with computer share, you don’t own your shares? Allow me to explain.
When you open your stock trading app to buy stocks, you’re simply buying numbers on a computer screen. You’re only the beneficial owner. Yeah, you can vote at the shareholder meeting (via proxy, because you don’t own your shares), but when push comes to shove, your brokerage only owes you what shows on the computer screen. The stock is actually held in your brokers name by a corporation that owns and maintains 98% of all stock certificates. If your broker decides to sell your share, more than likely you’ve already agreed to this when you opened your brokerage account. But when you request to direct register your shares with GameStops transfer agent (ComputerShare), the stock certificates get pulled from the DTCC and are registered in your name. They become your property in the way a car becomes your property when it is registered to your name, free of lien.
Ok, big deal, the apes have locked the float. I still see shares trading! What gives.
Ah yes Timmy, this is where the miracle of infinite liquidity comes into play! You see, there are special entities in the market that facilitate trades. They’re called market makers, and they have special exemptions which allow them to sell shares they don’t own in order to generate “liquidity.” In theory, it’s to prevent price shocks from sending stock prices parabolic, but in the wisdom of our Corporate welfare funded overlords who saw fit to allow trading firms and market makers to be owned by the same people, we have market makers who are more than likely working with their sister company hedge funds to short companies for profit by providing “liquidity.” In August, BoBBY traded several times its entire float for days. Talk about liquidity.
But what makes GameStop different is the following. The “cult” as many would put it. And while I’ll agree that there’s some outlandish shit thrown around quite regularly, I’m damn impressed with the hive mind that has generated some of the most enlightening guides to market mechanics I’ve ever seen. And if this gets reposted, I’m not referring to the Bets sub. Many of the original predictions have either come true, or are in the process. The basket theory, swap theory, Brazilian puts, glacier capital, everything u/attobit has every had a hand it, simply amazing. And now for the fun part.
When apes lock the float, the brokers become the bag holders
So the apes have locked the “free float,” as in the shares not held by institutions or insiders. That means every single share trading hands from that moment on, unless sold by an insider, and institution, or computershare, is theoretically a synthetic share. Now, an institution like Vanguard, which owns a considerable number of shares, many packaged in ETF’s, and doubtlessly lent out to hedgies shorting the stock, probably has a risk department raising a few eyebrows. If every single stock trading is theoretically synthetic, and the shares continue to be locked away by individual investors, that means there will come a point where the shares they have lent out have a strong possibility of being defaulted on before the borrower can return the share. At that point, Vanguard will be on the hook for the share they lent out, and may have to pay even more to purchase it’s replacement on the open market. Similarly, vanguard must recall shares it has lent out before it can sell a position. If I were a member of that risk team, and it had become apparent that investors will lock the float (ie like right now), I would begin recalling those shares from parties I had lent to.
Can’t large holders like Blackrock and Vanguard just sell their positions to ease the MOASS?
In theory, yes they can. But practically speaking, they must recall the shares they have lent in order to sell them. So there is bound to be upward pressure. From the moment the free float is locked by individual investors, the race is on to lock the float in its entirety. One can only speculate past that.
If retailers manage to lock the float in cohesion with insiders through direct registration of shares, it is possible we will lead a revolution in financial markets toward platforms equitable for every investor sitting at the table. Who really knows? As for me, I’ve been holding since Jan 21, increasing my position 5 fold since the sneeze. Been up 200% and down as much as 50. The money would be awesome. Sending Ken to ADX Florence is what I’m aiming for. There’s room for Stevie, and Mitt, and all the other Skull and Bones / Porcellian coke orgy bros who love destroying American livelihoods for profit and fucking children with their buddies on a Caribbean island.
submitted by Kingsley-Zissou to Superstonk [link] [comments]
It’s early 2023 and the news is starting to break: the apes have locked the float. With a pause, you struggle to remember this cult you’ve been hearing about for the last 2 years. How many articles have you read telling you to forget this company? After all, why would you bother to invest in a company every single analyst confidently says is going to zero! You’re an informed investor. You pay for a subscription to motley fool, and you scavenge for hot tips every day! Jim Cramer is your Guru! CNBC might as well be your tuning frequency. Sure, most of your investments go red for the next year or two, but a good chunk eventually rebound! You’re up a healthy 4.5% year over year.
The companies you’ve heard about in the last years are swirling in your memory. Is it Ey Em See that’s locked the float? I mean, there was never any doubt that was a long-term safe play. Jimmy loves the CEO, and they bought a freaking gold mine! The stocks at $9 and the company is underwater in debt with a C-suite that sold the majority of their shares, but it’s due to heat up again soon..
Maybe it’s that store that sells bathrooms and bathroom accessories? It feels like we’re getting closer. I remember the CEO being the same person! Oh shit, there it is! We’re talking about GameStop! But wait? That place sells used video games and is bankrupt. Didn’t they go out of business around the same time as blockbuster? So what if the apes locked the float?
Are you one of millions of Americans waking up to the fact that Wall Street is run on fairy dust and unicorn farts, but struggling to understand what the heck is actually going on behind the curtain? Allow me, a regular everyday mouth breather, to be your guide in taking your first steps down the rabbit hole while I slam some knowledge about the machinations of American finance in a way that even the most highly regarded may be able to understand. This is not DD. This is simply a narrative which sheds light onto the DD already written in an easily palatable way for newcomers to understand. I would encourage anybody to continue on and improve this narrative in a quest to simplify the understanding of what is actually going on with GameStop and the market at large.
To understand what is happening with GameStop, it’s important to understand the state of American finance as a whole. And simply put, for anybody who remembers the term corporate raider from the 80’s, this is the next iteration. There is a fantastic book about the leveraged buyout of Kraft called Barbarians at the Gates. The content of the book examines so-called “hostile takeovers” of public companies through stock acquisitions and the creation of debt through junk bonds in order to facilitate these buyouts. The long and short of it is that raiding firms create debt financed by capital and secured by assets of the companies the raiders seek to acquire. If successful, the raiders will typically buy up the company and strip it to bones, taking all of the profit from the company while leaving the carcass for any debtors. It can be extremely profitable, but the risk of the raiders getting blown out of the water and losing their underlying capital should the company successfully repel their attack is huge.
Cut to modern day and things work a bit differently. Instead of raiding firms creating debt in order to leverage a buyout, which generates a risk to the raiders, they short the company with the intention of putting the company into bankruptcy. They install plants into the board of directors who hire outside “consultants” for turnaround strategies that consist of taking on crushing debt and selling profitable sectors for pennies on the dollar. They plant articles in the media in strategies known as “short and distort” which paint the target companies in a negative false light in order to drive sales of the stock. The hedge funds shorting the stock buy the pieces of the company they want (at deep discounts), and when the company eventually declares bankruptcy, the hedge funds that had shorted the stock into oblivion have secured tax free gains without fear of ever having to buy shares to close positions. They simply use the profitable short positions as collateral for new positions. It’s essentially debt without having to “create” debt.
This is an enormously profitable strategy which has worked nearly flawlessly up until now, with a few notable exceptions, the biggest being overstock. There have been many outspoken critics of short hedge funds in the last 20 years, but after being convinced that his company was being attacked in the market by naked short sellers, Overstock CEO Patrick Byrne decided to issue a crypto dividend in an effort to combat the shorts, to which he was briefly successful until a legal injunction killed the momentum. Though the courts ruled in Overstocks favor, it was too late to help the online retailer. However, it did set a precedent.
Ok, that’s all well and good, but how does GameStop fit into any of this?
GameStop is one of a number of consumer retail businesses suffering the same effects from the new generation of corporate raiders, with GameStop having the greatest attention and following of all these “basket stocks.” In January 2021, GameStop share prices exploded from the low teens to more than $500, with the pressure only easing once buy pressure was artificially restricted by brokers. FINRA reported short interest at over 200% at the height of the January sneeze, and the SEC reported that the significant increase in price was a result primarily of gamma exposure in the options chain as well as buying pressure from retail, with almost no short covering happening in the run up. Once brokers locked retail from making investments, it is speculated that short hedge funds doubled down by shorting an additional 9 million shares into the market. It is on this collection of facts and hypothesis that investors in GameStop stand: the shorts never closed their position.
The million dollar question: what happens when the apes lock the float?
This is where we get into the interesting part: what comes next. The reality is that individuals have locked about 25% of all shares in existence away from the DTCC.
Oh, you didn’t know that unless you have shares locked away with computer share, you don’t own your shares? Allow me to explain.
When you open your stock trading app to buy stocks, you’re simply buying numbers on a computer screen. You’re only the beneficial owner. Yeah, you can vote at the shareholder meeting (via proxy, because you don’t own your shares), but when push comes to shove, your brokerage only owes you what shows on the computer screen. The stock is actually held in your brokers name by a corporation that owns and maintains 98% of all stock certificates. If your broker decides to sell your share, more than likely you’ve already agreed to this when you opened your brokerage account. But when you request to direct register your shares with GameStops transfer agent (ComputerShare), the stock certificates get pulled from the DTCC and are registered in your name. They become your property in the way a car becomes your property when it is registered to your name, free of lien.
Ok, big deal, the apes have locked the float. I still see shares trading! What gives.
Ah yes Timmy, this is where the miracle of infinite liquidity comes into play! You see, there are special entities in the market that facilitate trades. They’re called market makers, and they have special exemptions which allow them to sell shares they don’t own in order to generate “liquidity.” In theory, it’s to prevent price shocks from sending stock prices parabolic, but in the wisdom of our Corporate welfare funded overlords who saw fit to allow trading firms and market makers to be owned by the same people, we have market makers who are more than likely working with their sister company hedge funds to short companies for profit by providing “liquidity.” In August, BoBBY traded several times its entire float for days. Talk about liquidity.
But what makes GameStop different is the following. The “cult” as many would put it. And while I’ll agree that there’s some outlandish shit thrown around quite regularly, I’m damn impressed with the hive mind that has generated some of the most enlightening guides to market mechanics I’ve ever seen. And if this gets reposted, I’m not referring to the Bets sub. Many of the original predictions have either come true, or are in the process. The basket theory, swap theory, Brazilian puts, glacier capital, everything u/attobit has every had a hand it, simply amazing. And now for the fun part.
When apes lock the float, the brokers become the bag holders
So the apes have locked the “free float,” as in the shares not held by institutions or insiders. That means every single share trading hands from that moment on, unless sold by an insider, and institution, or computershare, is theoretically a synthetic share. Now, an institution like Vanguard, which owns a considerable number of shares, many packaged in ETF’s, and doubtlessly lent out to hedgies shorting the stock, probably has a risk department raising a few eyebrows. If every single stock trading is theoretically synthetic, and the shares continue to be locked away by individual investors, that means there will come a point where the shares they have lent out have a strong possibility of being defaulted on before the borrower can return the share. At that point, Vanguard will be on the hook for the share they lent out, and may have to pay even more to purchase it’s replacement on the open market. Similarly, vanguard must recall shares it has lent out before it can sell a position. If I were a member of that risk team, and it had become apparent that investors will lock the float (ie like right now), I would begin recalling those shares from parties I had lent to.
Can’t large holders like Blackrock and Vanguard just sell their positions to ease the MOASS?
In theory, yes they can. But practically speaking, they must recall the shares they have lent in order to sell them. So there is bound to be upward pressure. From the moment the free float is locked by individual investors, the race is on to lock the float in its entirety. One can only speculate past that.
If retailers manage to lock the float in cohesion with insiders through direct registration of shares, it is possible we will lead a revolution in financial markets toward platforms equitable for every investor sitting at the table. Who really knows? As for me, I’ve been holding since Jan 21, increasing my position 5 fold since the sneeze. Been up 200% and down as much as 50. The money would be awesome. Sending Ken to ADX Florence is what I’m aiming for. There’s room for Stevie, and Mitt, and all the other Skull and Bones / Porcellian coke orgy bros who love destroying American livelihoods for profit and fucking children with their buddies on a Caribbean island.
2022.07.28 16:54 xgames181 30 year old Garment business needs revival.
Hi, my family’s business is in the garment /accessory industry, since covid we have been killed our primary customers were big department stores / as well as some smaller mom and pop stores. Our business has been featured on Oprah’s favorite things the view etc. Since covid our business has been killed we have a footprint of a online presence but barely any , my family has built this business over 30 years out of blood sweat and tears going through a lot of bad / good times before it became successful. We have a warehouse of overstock merchandise we want to get rid of as well as for our new products trying to figure out the best way to save this business and migrate to a e-commerce/ online business, and scale down the amount of products we sell since our wholesale business has been getting killed and only focus on our best selling products. A lot of our business was private label so we don’t have a ton of brand recognition. A business that was generating over 2 million dollars a year in business is generating near 0 now. Any recommendations of where to get started with getting our business monetized online / possibly have thought about selling on amazon or any other platforms you may have a recommendation for would be a much appreciated . This is our last ditch effort to revive our business we don’t want to have to close the curtains after 30 years.
submitted by xgames181 to business [link] [comments]
2022.07.18 20:02 Jaded_Historian9584 400 cases (on mobile)
Sizable prominent bullshit down stacked to unacceptable proportions—our world rotates, contorts and leaves me sinking under cardboard and muffled commotions. I spend Endless hours delegating fun and challenging; unravel like a spook with a crooked tongue—all these syllables hammer at my mental—I’m oh so fragile—my somber mentality creates a bleak reality that fosters agile ruffians but my stuffy nose runs faster and I can’t breathe and I can’t leave All these half assed rhymes our a demonstration of my devotion and that just half the equation because as the days go on these loads grow. 100, 200,300,400,500 cases of Sugar overloaded and processed into nectar filled into cans so they can eventually sit out in Grass valley in 109 degree weather as the soda boils.
I boil too.
as they say, “home is where the heart is” and that surely ain’t the smartest but Neither am I…Igot the hardest head with multiple lacerations so I stay to overcome like those unfairly incarcerated; it’s meek but my will fights for us. And I know there’s no reason trust Because I’m ill tempered. My mental hammers away my emotions—I burn up and explode upon impact—-upon impact I gush out and leak everywhere, sticking to every piece of carpet, linen, hardwood flooring it sounds o boring but you got me entangle, ensnared, trapped. My essence wraps itself in your walls and curtains, your bed frame, your cats fur my memories. So I shal treasure these days boling in the sun as these 400 cases, 5 overstocked pallets threaten to tumble and crush me under all the cardboard and these demonstrations of my devotion to you begins to muffle away.
submitted by Jaded_Historian9584 to u/Jaded_Historian9584 [link] [comments]
I boil too.
as they say, “home is where the heart is” and that surely ain’t the smartest but Neither am I…Igot the hardest head with multiple lacerations so I stay to overcome like those unfairly incarcerated; it’s meek but my will fights for us. And I know there’s no reason trust Because I’m ill tempered. My mental hammers away my emotions—I burn up and explode upon impact—-upon impact I gush out and leak everywhere, sticking to every piece of carpet, linen, hardwood flooring it sounds o boring but you got me entangle, ensnared, trapped. My essence wraps itself in your walls and curtains, your bed frame, your cats fur my memories. So I shal treasure these days boling in the sun as these 400 cases, 5 overstocked pallets threaten to tumble and crush me under all the cardboard and these demonstrations of my devotion to you begins to muffle away.
2022.02.27 12:41 The_Great_Emu Tales of a gap day and a wannabe Bellionaire.
 | G'day, submitted by The_Great_Emu to ac_newhorizons [link] [comments] I'm late, i'm late, for a very important date. Life, outside of island life, is always so full of obligations, responsibility and busy work. Sometimes I wish I could just crash on a beach and watch the waves for an eternity. Contemplating the infinite sea bass as they pass by undetected under the glorious shimmer of the horizon. But time is a vicious mistress and she waits for no one. With a backlog of life to keep up on, island maintenance was going to be hard today. I had to settle for a quick little jaunt across the shores to visit my neighbours and perhaps collect a little island remodelling feedback. As usual, whether on a schedule or not, my day began with some quality time with the pets. Fluffy was let out to wander the beach and Nibbles was gently woken for her morning feed. I tell ya, that girl can put it away with the best of them. After her morning feed, I finish my cuppa while ensuring she gets enough attention. She gets a little crabby otherwise. Oooshagoogirl? Isabelle then chimed in, across the island radio service, to deliver the daily announcements. Our pentultimate plot had sold overnight and a new neighbour had swung into our quaint little town almost undetected. This of course, would not do. No one was allowed to drop on in without a welcome from the island rep himself! No matter how much of a squeeze he was in today. I slipped on my shoes, kissed Nibbles on the forehead and hit the start button on my egg timer. It was time to speedrun this day. Elise? I'll get to you soon! First things first.....well second if you count pet care and third if you include breakfast. I stopped by the Able sister's shop for a quick peek at their rotating range of sunglasses. Unfortunately, they were still trying to push their overstock of punk style face masks and oversized octagonal glasses. Not quite my style. Fortunately however, I managed to get more than just a nod and a grunt out of Surly Sable in the corner. That nut was starting to crack. My god, that was a full sentence! Following the rough hewn path along the northern cliffs, I stopped off to mark down an additional incline for our new communal camp and picnic site. Once more dragging Lloid out from the void and employing him and his construction ninjas to work their overnight magic. With the promise of a pocketful of bells. With this complete, it would open up the central island path. Stopping our residents from having to climb up those shoddy, hand made ladders that someone set up some days ago. I mean.....they did help when moving fish though... No time to talk Lloid. Speed time. This just left me with a quick once over of the campsite to do, before heading back to town. The fresh. crisp air was enough to envigorate even the sleepiest of sloths. Putting some pep in my step as I surveyed the view of the island below. Of course, there was minor maintenance to do. I had heard reports of a whopper of a wasp bugging visitors to the picnic area. So I whipped out my net and went on a quick hunt. It wasn't too long before I found a formidable foe flying fiercly amongst the fir. A short, anticlimactic battle later and I had bagged the bug for Flick's eventual next visit. Odd, it didn't really seem all that big. I guess the fear just made them exaggerate. Am I being watched? A plume of smoke over the eastern shore made me turn on my heels and reroute my.....well my route. That diesel perfume could only mean one thing. Cousin Redd had stopped by once again. I had a little business for my cousin, the last time he dropped by, I purchased quite a nice artwork from him that turned out to be a big fat phony. I had to make my way down there, storm across that boat, kick through the curtain and.... Make sure Redd knew that there was someone providing him with less than authentic goods. I was sure he would be upset. But relieved that I told him. I made a bee line for the northern beach. Even though there was a little extra leg work to find it.. I always get a headache when I walk up here for some reason. With my cousin thoroughly debriefed on the shocking revelation that he was duped. I assured him there was no harm and no foul in passing on the mistake. He seemed overwhelmed that I had an art aficionado on such a small island. The mere mention of Blathers had his head in a spin. And after reassuring him that my purchase was indeed FINAL, he offered me a look at his wares. Assuring me that these genuine, one of a kind, antique works of art were more scrutinised than his last shipment. Which is good, because one caught my eye, a beautiful baroque scene by the great Johannes Vermeer. Look at that brushwork. Redd even discounted it down to 4,980 bells. A steal as he would have charged anyone else 10 times that much. How could I refuse? I finished our little transaction with a commemorative picture. Although Redd wasn't too keen, making sure I didn't hand out his name, location or show this picture to anyone with affiliation with the coast guard or any international government agency. I think he's just shy. Look at those honest eyes. With my pockets thoroughly emptied by Lloid and Redd, it was time to head on back to town and check in on the neighbourhood as they started to rise with the sun. I only just made it back down out of the mountains when the T twins were hanging their "Open" sign in the front window. Tommy passing on the bad news that turnip prices were still on the decline since I had last checked with him. I'd need to find an alternate outlet for my field of vegetables or I fear me and Daisy Mae may have another falling out. But still, no time, I had villagers to meet and greet. First thing's tenth, I had to swing on in and welcome our newest arrival. Elise. Monkey. Elise, with her abstract wallpaper and librarian glasses, hit a chord that I didn't know existed. Such an affront of colour and textue greeted me when I walked in to this banana scented abode that I almost thought I had been hit in the face with a kaleidoscope. Elise herself was a wonderful host though, for what little time I spent. A motherly coo to her voice and a welcoming warmth flowing from her heart. I'm sure she'll hit it off with the rest of the gang quite well. I certainly hope she's into fishing. With that colourful welcome finished. I stepped on down to Ed's place. Seeing that the hearth was burning and the lights were on. To see how the horse was hanging. I......i'm not sure what you're offering Ed. Ed was friendly but curt, I got the feeling that I wasn't the only one on a time limit today, so I left them to their business after a quick chitchat. Heading across the neighbourhood, I checked to see how was out and about like yours truly. A few vacant homes showed me that the island was coming to life for the day and a peaceful scene of some sandy beans reminded me of my promise from the day prior. Coco had finally found a place to sit. A little cramped, some would call it cosy. Now, it wasn't perfect and it was far from what I will deliver her for a communal garden. But it was nice to know that she had taken to some of the little luxuries I had placed in the past. I dared not interrupt her, the vivid expressions on her face showed that the story was nearing a dramatic point! Instead, I slipped on into Cyd's house. I know i know.....I just, kinda wanna. Cyd, the big softy, gave me a pat on the back for my campsite construction. Having noticed the sweat of my brow and having basked in the sunset with the rest of the town as I lay passed out in a hammock. He assured me that I didn't need to break myself in order to provide a paradise in a day. Wanting to make sure that I didn't burn out before I myself got a chance to enjoy it. I thanked him and promised I wouldn't go ripping up the soil any time soon, so long as he promised to give us all a song once we had the space......Perhaps a duet with Eugene? He seems more like a duo kinda koala. On may way out through town, Cyd ran me down and offered me a little token for my hard work. Some glasses.....wait GLASSES? He had heard my frustrations at finding a pair of sunglasses that fit me properly and had ordered some through Nookazon. As much as he despised giving bells to the massive international, slave driving, conglomerate, e-commerce shills. My word he gets heated sometimes. I tried them on with baited breath. They fit perfectly....just one minor problem......they weren't sunglasses. But still, looking slick. Not wanting to look a gift elephant in the trunk, I simply poked out the lenses and wore them, like the filthy hipster I was quickly becoming. I felt the minor need to grow a man bun, but that would have to wait. Time was still of the essence and I had friends to find. Thankfully, the next two found me. Flora, the fiesty flamingo, had finished her shrimps for the day and also wanted a word with me about our new island improvement. She seemed quite happy that she would soon be able to get as many sunset selfies as she needed to fuel her Nookstagram habit. I was overjoyed, so long as she didn't start a NookTok account, I supported her. You are welcome, pinky. Lucky waited for me under a slowly drifting balloon gift. The dastardly little devil knew I couldn't resist the siren's song of the windy woosh when they started to waft across the island. He knew it was just a matter of time before I made it over to him. He too was elated with the new elevated area with which to snack. Having picniced there almost immediately yesterday with Coach. After their little search had tugged my heartstrings enough to push me into action. I lent my bandage boi some snack money and let him go on his way. Thanks a bunch for motivating me buddy. With only a few odds and ends remaining, a noneventful visit to Hazel as she once again struggled to wake with the sun in a pre-cafe island. And Eugene and Coach dueling for space in the plaza for prime icecream eating space. All that was left was to find my book buddy bunny Coco and see if she was ready to escape the pages. Or leave her be for the day if she was still engrossed. I found her on her way back from the tailor and struck up conversation. She was feeling a mite more industrious than I was this morning and had already spring cleaned her house. And it wasn't even spring. She invited me over for a quick visit, I happily obliged. Sweep up all the sand? I find that hard at my place. Ok, I swear you dealt from the bottom but i'll let it slide. A cup of tea, a sandwich and a thrilling card game later. I had thoroughly overstayed my welcome at Coco's abode. Her eyes wandered to the clock and gave me the hint to excuse myself and head back out to finish my quick day. I thanked her for the hospitality, giving her some fruit I had collected on my way back from the hills, before heading out to resident services. I hadn't had time to be productive today, but that didn't mean I couldn't set myself up to be productive in the future. And I was so close to 100k About 12000 Nook miles later, I had arranged for a bit of island furniture to be sent via air mail. Wilbur and Orville would be dropping these off in a day or two. Those, along with a few little DIY projects I had my eye on, would be the next step in getting that coveted KK concert and opening 'Straya up to the world. Would you look at the time, no time to ramble, short one today. Gotta jet! Emu out. .... I present to you, the Sand Queen herself, Coco, in her new top. She sandily sips soda by seashells I ship to sell on the sea shore. |
2022.02.19 05:59 EndersGame_Reviewer A personal tour with some playing card collectors and creators
 | Your chance to view the main events from 52 Plus Joker's annual convention (Part 3) submitted by EndersGame_Reviewer to playingcards [link] [comments] The biggest club in the world for playing card collectors is 52 Plus Joker. While it started off as American based, it has since broadened its reach and gone global, attracting playing card collectors from around the world. The club holds an annual convention for members, but the arrival of COVID put an end to that in 2020. But 52 Plus Joker was not about to let that entirely kill their plans for spreading the love for playing cards. So instead of completely cancelling the annual convention, they replaced it with a virtual convention, which was free for collectors around the world to participate in, and was organized online using Zoom. That was held over four days in October 2020, and a follow-up "Virtual Day" event was held in October 2021. One of highlights of the online convention was the opportunity to go on a tour to get an inside look inside the homes of renowned playing card collectors. In addition, separate tours were organized for the facilities of some key industry figures, including manufacturers and retailers. The good news is that it was all caught on camera, and you can now view these videos in their entirety, regardless of whether or not you are a member of the 52 Plus Joker club. So join me for an exciting ride, as the curtain is pulled back, and we get a unique chance to see some amazing playing card collections, and visit some of the facilities that make our favourite playing cards. https://preview.redd.it/9pauosw51qi81.jpg?width=500&format=pjpg&auto=webp&s=9cd96423c6d04f7d6344343dd4e1b1605a5e824b == CREATOR TOURS == Jackson Robinson: Kings Wild Project Facility Jackson Robinson is the man behind the well-known Kings Wild Project, one of today's most popular brands of custom playing cards. He's one of the few playing card designers in the world that makes a living designing custom playing cards on a full time basis. When he began, he started as a one-man operation in his garage, to use his words, "trying not to screw up". He says that he's still "trying not to screw up". But at the time of this tour, Kings Wild Project has been doing very well thank you very much. It has grown rapidly and supports 19 employees. Jackson himself is the creative brains behind the entire Kings Wild Project, and aims to focus his time and efforts on designing, while having the rest of his crew manage other aspects of his operation. He recently moved from Austin, Texas, to Chattanooga, Tennessee, which is where non-playing card items like limited edition prints and Kings Wild Coffee are produced. The actual main production facility is still in Texas, however, although aspects of the operation are being moved to Chattanooga. The tour of the Austin facility begins by introducing us to members of his team. It then runs through the entire process by which one of Kings Wild Project's gorgeous Postage Paid decks is produced. The cards are printed elsewhere, but from then on we see different members of the Kings Wild Project team at work: building the tuck box, adding individual stamps, wrapping it with cello, packaging it in a box, organizing the label, and preparing it for shipping. I was surprised by how young the team members are, but they are developing a great amount of expertise in customizing individual elements of the process. In the future Jackson may even offer this as a service to other designers. We also get to meet other team members who focus on other aspects of the Kings Wild Project business such as customer care, marketing, advertising, and taking photographs and video footage. In the Q&A that follows the tour, Jackson shares some info about some of his licensed projects, like Tolkien's Lord of the Rings, and Brandon Sanderson's Mistborn. He's also working on some custom shirts that feature his artwork, and some of these will also have companion decks with matching artwork on the card backs. ● Video: Kings Wild Project Facility Tour (Jackson Robinson) https://preview.redd.it/ub8cgzy71qi81.jpg?width=500&format=pjpg&auto=webp&s=fea5486a9946a51338a0c136f237e73f684e2df8 Eddie Kamal and Sam Zubai: Gambler's Warehouse Factory Gambler's Warehouse is one of the largest fulfilment operations used by creators of playing cards. In this video, we join Eddie Kamal and Sam Zubai directly from their factory in Texas, as they take us on a walk-through of the full process involved with making custom tuck boxes. The process begins with the customer making a selection of materials from their catalogue. There are many options to choose from, especially the type of card stocks (e.g. soft touch), and types and colours of foil that will be used on the box. Using the client's artwork, Gambler's Warehouse then produces copper plates which will be used for making the tuck box. It was especially neat to see the actual rolls of foil and some examples of these plates. Next we get to see the actual process at work by demonstrating the creation of a tuck box of Arcadia Playing Cards. With hot foiling, which is what we see happening in the video, the foils have an adhesive. When heat and pressure are applied in a special press used for this purpose, the foil sticks to the card stock of the tuck box. Adding each foil or embossing requires a separate process with a different press, so alignment is critical to ensure perfect registration of the final product. In the case of the Arcadia deck, we see three different coloured foils applied separately, and then a fourth step to produce the embossing, by pressing the card-stock between two custom dies. The final result looks magnificent, with perfect registration. Another machine then cuts the card-stock into the shape of the box. From there glue or tape is added, and the boxes are folded and constructed - although we don't get to actually see this final step of the process happen. The team then showcases some of the tuck boxes they have made over the years, including their very first one, Delirium. They won an impact stamping / letterpress graphics award for that box, and have won similar awards for other work. The gallery of tuck boxes they have produced and display for us is truly an impressive greatest hits collection of excellence and luxury. You'll immediately recognize some of their clients like Thirdway Industries, and the Planets decks. They also demonstrate some specialized boxes, like a two deck box, and the crazy box design of the Cardistry Touch decks. Some of the packaging options they have available are absolutely incredible. The main Gambler's Warehouse company focuses on the packaging, but they also do complete fulfilment of playing card projects, which they do for a lot of clients and creators. At one point Eddie mentions that they are shipping over 2000 orders a day, which gives you an idea of the scope of their operation. Now that I know something about the process involved in making tuck boxes, I now have a new-found respect for the beauty of custom decks that use multiple foils and embossing on the tuck box, and will never look at a deck of cards in quite the same way again! ● Video: Gambler's Warehouse Factory Tour (Eddie Kamal and Sam Zubai) https://preview.redd.it/azhx5ib91qi81.jpg?width=500&format=pjpg&auto=webp&s=ee4ccfc6f2c144c0d812809f15f45585191213cf Will Roya: PlayingCardDecks Facility Will Roya is the founder of PlayingCardDecks.com, one of today's biggest online retailers of playing cards, which he launched in 2017 after a full-time career in magic. He takes us on a personal tour of his warehouse, starting us off right from the front door of his facility. It is a multi-purpose building that doubles as an office, showroom, packing area, and storage facility. A massive collection of decks is organized alphabetically in the showroom. It's quite remarkable to see so many decks of playing cards in one place! All their items are listed on their website, as well as on eBay and Amazon, via an electronic inventory system. There are multiple working areas for specialized tasks such as assembling their Frankendecks (great for singles collectors), putting together their Pip Boxes (their monthly subscription club), and packaging. There's also an upstairs office with extra space and computers used to run the business. It was especially cool to see some of Will Roya's displays, such as a large display featuring decks he's produced, and several framed uncut sheets, as well as artist proofs of upcoming decks from USPCC. Will has produced recreations of several beautiful historic transformation decks, and those uncut sheets look particularly lovely, especially when framed. And just when you think the tour is over, Will takes us through a door into a warehouse which is his overstock area. While his display showroom only carries a dozen of each deck at most, this warehouse room is where we get to see piles of brick boxes and larger boxes filled with cards. As some would say, this is playing card heaven! He also has a large range of tarot decks, and playing card accessories like carat cases. In the Q&A section after the tour, there are some great questions that get asked, such as how many decks he has sold in total (Will estimates around one million). He sends out around 3000 orders a month, and that doesn't include his fulfilment to Kickstarter supporters or sales of the decks he produces to wholesalers. People may have thought that custom playing cards were just a passing fad, but it's clear that growth is continuing. Don't miss the final section of the video where Will sniffs a deck and talks about how different decks have different smells! ● Video: PlayingCardDecks Facility Tour (Will Roya) https://preview.redd.it/wrwjm0oa1qi81.jpg?width=500&format=pjpg&auto=webp&s=fbc6dd94beca7c39b03d026485a8d0ac89c47635 == COLLECTOR TOURS == Mike Quinn: Playing Card Collection Mike Quinn is the guy behind a very popular Instagram account (a_deck_a_day). Several years ago he began a challenge to post a photo of a different deck every single day. What prompted this was the realization that he had such a massive collection of playing cards, and that he had enough decks to keep him busy with a different deck every single day for several years. He's been doing this for a few years now, and has over 2,000 posts and over 2,000 followers. His collection focuses more on modern playing cards, and watching him run through the highlights of his collection will make anyone who enjoys modern decks drool. He has decks from all the major brands and all the top designers: Lotrek, Stockholm17, Alex Chin, and Kings Wild Project, to name just a few. It's amazing to see all these remarkable and popular decks together in one place. Mike also has some delightful ways of displaying his decks so that they can be enjoyed and appreciated, and you'll get some good ideas from seeing how he has his collection set out. Just try not to get too jealous! The Carat Cases created by Sherman Tsao are easily Mike's top recommendation for a variety of quality ways to display your playing cards. Besides playing cards, Mike also has a wide range of unique accessories, prints, clocks, sculptures, collector coins, and boxes. But that's not all, because Mike also has some good advice for other collectors, especially his philosophy: collect what you like. He's certainly done that. By his own admission, he's backed over 1,000 Kickstarters, so it's not surprising that he has acquired some prized goodies for us to admire. To learn more about Mike, you can also check out the interview he did with PlayingCardDecks back in 20150. ● Video: Playing Card Collection Visit (Mike Quinn) https://preview.redd.it/4xtk6jkc1qi81.jpg?width=500&format=pjpg&auto=webp&s=fe4b8e5feb6200088e08b346f24970803832413a Joseph Pierson: Playing Card Collection Joseph Pierson is a rockstar among playing card collectors, who specializes in collecting antique Bicycle decks, many of which you can see on Instagram (pip_nosher). He also runs the amazing website bicyclecards.org, an essential resource for anyone looking for complete and reliable information about antique Bicycle decks. At his home Joseph has what is effectively a private museum, with all kinds of vintage items like old typewriters, telephones, tobacco tins, cigarette packs, phonographs, fans, and more. We get to see some highlights, and will quickly realize how Joseph came to the realization that he'd eventually run out of space, which saw him develop a focus on collecting playing cards, due to their smaller size. He has a special love for 19th century graphics, and his speciality is antique Bicycle 808s. His collection started in the 1990s with a purchase of ten decks from the collection of Lenny Schneir, the man who started 52 Plus Joker. That led to him specialize in Bicycle 808s, which have seen 82 different back designs, and besides the popular Rider Backs there are designs like Acorn Backs, Thistle Backs, Handle-bar Back, Wheelbarrow Backs, and many more. Each of these different back designs is typically available in red and blue, but some also appeared in other colours such as brown and green. I can't say enough good things about the 25 minute video showcasing collection highlights that Joseph produced for the convention. It is absolutely fantastic, with terrific footage. He shows us several wonderful display cases, and then the real treasure: a massive cabinet loaded with multiple drawers containing his complete collection of prized decks, carefully stored and arranged. The real treat was seeing Joseph pulling out some of these, and actually opening them to show us the cards, with great close-ups of the actual decks. It's like being actually there! And Joseph certainly does have some very rare decks, such as his four 1917 war decks, which are among the rarest of all Bicycle decks, with hardly any known copies. Joseph also owns some Bicycle decks that were produced exclusively for the UK. In terms of ephemera, you can't help but marvel at his gorgeous mounted Bicycle advertising posters from 1904 - the only known ones in the world. He also shows us some wonderful sample salesman display books that go back as far as 15085. Not all decks from that time came with boxes, but Joseph has also come up with a clever way to create his own antique-looking tuck boxes for decks that are missing a box. Just when you might think Joseph is one-dimensional, he informs us that he is actually a hybrid collector, and that he also collects some of the best modern decks. We don't get to see any of those on camera, but our jaws are already dropping from his treasure trove of Bicycle decks that we did see. What we did get to see in the Q&A section that follows is his collection of beautiful singles. As well as enjoying some beautiful cards, we get some great ideas for organizing and displaying decks and playing cards. Pierson also has a background in art and graphics, and also shows his personal deck project, which includes his own Fire Bike Back design, and a gorgeous design on the Ace of Spades. ● Video: Playing Card Collection Visit (Joseph Pierson) - promo ● Video: Playing Card Collection Visit (Joseph Pierson) - 52 Plus Joker members only https://preview.redd.it/owihkvyh1qi81.jpg?width=500&format=pjpg&auto=webp&s=d9d8a5faf797f4ab567624e73b98aaaac23f4212 Phil Bollhagen: Playing Card Collection Phil Bollhagen has impressive credentials as a playing card collector. He's a second generation collector, historian, and expert, who has even done presentations on playing cards for museums. He's one of the founding members of 52 Plus Joker, and a winner of their prestigious Dawson Award for his incredible contributions. And he has a massive, massive collection of playing cards that will make antique collectors drool. He starts his tour in what he calls his "singles room". I found it particularly interesting to see how he stores and displays singles inside plastic sleeves within large binders. And there's a lot of them: binders full of Jokers, and binders full of Ace of Spades (especially from English and American decks). Some of what he has is very rare, such as decks with square corners, and from little known companies. He even has some items from the early 1700s. Besides all his singles, he has some massive collages on the wall, one consisting entirely of European singles, another consisting entirely of Art Deco singles. But that's just the start of his collection, because about halfway into his video Phil goes down into his basement, where the really good stuff is, with cabinets and cabinets filled with wonderful antique decks. There are decks from all kinds of different countries, with drawers and drawers full of prized treasures. He pulls out a number of these to show us, such as a couple of 19th century transformation decks. Besides an incredible number of historic decks, he also has ephemera like posters and calendars, a couple of massive collages and displays, including a gun cabinet he's revamped into a card cabinet. We even get to see his oldest single, which dates from before 1500. Phil is currently in the process of selling his collection, and mentions that he has enough cards to sell in auctions for the next 20-30 years! One unfortunate part about this presentation is the quality of the video, which was sub-par to say the least. Fortunately we could hear his color commentary, and perhaps it's just as well we couldn't see everything too clearly, because the amount of good stuff he has is hard to believe! ● Video: Playing Card Collection Visit (Phil Bollhagen) https://preview.redd.it/73mqo4jj1qi81.jpg?width=500&format=pjpg&auto=webp&s=1ccb5d9a2e73dc0fbca91f34bdbb4a10141a441d Matt & Liz Romeril: Playing Card Collection Matt & Liz Romeril will be familiar to many modern playing card collectors from their popular instagram account (bayou.playing.cards), where they showcase outstanding and creative photos of some outstanding modern decks. It's an absolute pleasure browsing through their images, many of which feature close-up details from tuck boxes or individual playing cards. This couple can show how deep of a rabbit hole you can fall into once you get into collecting playing cards, because they only started getting immersed into this world when Matt pledge for his first Kickstarter deck in early 20150. Unsurprisingly the majority of the decks in his collection are modern decks, primarily sourced from Kickstarter. It's amazing how much he's accumulated since then, and in his collection we get to see some of the best decks from popular contemporary creators like Stockholm17, Thirdway Industries, Alex Chin, Lotrek, Kings Wild Project, Uusi, Bona Fide, Theory11, and more. Liz is the artistic member of the team, and has even written a novella used by Thirdway Industries for one of their Kickstarter campaigns. She does a great job of sourcing used cabinets and shelving from thrift shops and Facebook Marketplace, and repurposing them into gorgeous displays for playing cards. I especially love how the decks are displayed to show off as much of the tuck case as possible. Matt isn't a collector who leaves his decks sealed, because he wants to enjoy the artwork on the cards. I really enjoyed the fact that he took the time to open a number of his more interesting decks on camera for us, and thumb through the deck to show us the beautiful artwork on the actual cards themselves. As well as individual decks there are also numerous boxed sets in their collection that are particularly lovely, such as Erte, Kinghood, Standards, Planets, BrainVessel Creative, and Alex Chin's NPCCD decks. Of course there are other novelty playing card related items to show, such as framed uncut sheets, card potion vials, collector coins, and an impossible bottle. Although most of their collection is modern, there's a few vintage and antique decks as well, as well as some tarot decks and reproduction decks. Some of the standouts here for me were ones that Matt opened and showed us, such as a lovely vintage Icelandic deck, the gorgeous Ephemerid by Mr Cup, a deck by Salvatore Dali, and as the grand finale of the tour, a wonderful antique deck 15090. There's plenty here to make modern collectors salivate, while Matt & Liz also pass on sage advice not to buy everything but to curb our instincts, wisely pointing out that taste is refined with experience. ● Video: Playing Card Collection Visit (Matt & Liz Romeril) - from the 2021 Virtual Day https://preview.redd.it/v4q1eiel1qi81.jpg?width=500&format=pjpg&auto=webp&s=242a657b4418d2b72d268807f05a6e063df6dccd Author's note: I first published this article at PlayingCardDecks here. |
2022.02.01 00:12 No-Tie2251 How large of a rug for a large sectional?
Just moved into new home, still getting sorted. Bought this couch at a local shop. Trying to figure out how to frame this space out with a rug that will serve as a base for adding other colors to the room.
https://imgur.com/a/F8qpBe8
The couch will move back a bit. It's pulled forward because the previous owner's moving company is coming (someday...) to patch some damage right behind the couch. Then it will move back about a foot.
This is a "great room" space with the kitchen just out of sight in the background behind the workout stuff. (which may move to another room)
Trying to find a good rug that will frame this particular space and in particular looking for what size is appropriate for this space.
The couch is about 10 feet wide by 7 feet deep. It isn't clear to me if the rug should be:
Something like this multicolor ombre rug perhaps.
Once I know a good size I can pick some colors and then get curtains etc from there.
Thanks for any input.
submitted by No-Tie2251 to malelivingspace [link] [comments]
https://imgur.com/a/F8qpBe8
The couch will move back a bit. It's pulled forward because the previous owner's moving company is coming (someday...) to patch some damage right behind the couch. Then it will move back about a foot.
This is a "great room" space with the kitchen just out of sight in the background behind the workout stuff. (which may move to another room)
Trying to find a good rug that will frame this particular space and in particular looking for what size is appropriate for this space.
The couch is about 10 feet wide by 7 feet deep. It isn't clear to me if the rug should be:
- smaller than the couch?
- as wide as the couch?
- wider than the couch?
- modern
- colorful but muted
Something like this multicolor ombre rug perhaps.
Once I know a good size I can pick some colors and then get curtains etc from there.
Thanks for any input.
2021.10.23 00:29 bah2o Meet the Players: Steve Cohen & Point72 Compilation
📌 Point72 aka S.A.C
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I hope to make a series of posts compiling what the members of Superstonk (and others) have posted on various people and institutions that are in some way involved with GameStop, whether they be bullish, bearish, or full blown ape.
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📌 A DD into Steven A. Cohen, one of the main villains in the GME saga...
What Exactly Happened with Melvin Capital?
Know Your Enemies - Pulling Back the Curtain on Master Escape Artist Steven A. Cohen
The Hedge Fund "Cabal": Steve Cohen, Citadel, and Susquehanna have been playing this game for decades. Will the Game be Stopped this time?
🐱👤🐱🏍👀TLDR; Odd connection between aviation paths of KG, Steve Cohen, and a charged financial terrorist from France who somehow is still able to conduct business in America.👀🐱🏍🐱👤
How Steve Cohen got away once and why GME might do what the feds couldn't
Rolling in the Deep Dive: Hiding money in the Cayman Islands is back on the menu boys. Bribes and memes. Return Swap money trail and suspicious rule exemptions from keeping records of any kind. Hedgies are... well you know.
Post Series (Question/Discussion/DD) Parts 1-3 are background, parts 4-9 discuss Steve specifically
“Connecting Point72 to GME” by OP u/lpeak57 (user deleted account between 8/12 and 8/15)
u/Matador3364 made a great post over on the DD sub, titled:
Steve Cohen has an alleged history of punishing female employees who speak out about harassment and inequality (out of 32 managing directors, only 1 is a woman)
Steve Cohen opened Point72 as a family office to avoid additional regulation AND because they were banned from managing outside investment due to pleading guilty of insider trading.
⚠️Point72 Awareness Day⚠️ Is now every day! Here is an info dump of some initial internet scrapings I've found on our best bud Steve Cohen - can you feel the call of the abyss?
The 'REVOLVING DOOR': is a movement of personnel between roles as legislators and regulators, on one hand, and members of the industries affected by the legislation and regulation, on the other. From Q&A with Sheelah Kolhatkar, author of "Black Edge'', Steve Cohen Case, links in comment.
Did anyone notice Steve Cohen was involved w/ volkswagn squeeze? SAC Capital > Point72
Steve Cohen has been at this illegal short selling game for decades. ‘98 through ‘00 his fund SAC brought in 70% returns by betting against tech. Gamestop is just his latest victim. See vanity fair article screen grab and link: https://www.vanityfair.com/news/2010/07/steve-cohen-201007
Post Series
Point72 Employee Investment Fund, L.P. and Point72 Asset Management, L.P. (Release No. IC-34365; File No. 813-00393)
Watch Steven Cohen (point72) thinking veeeery slowly if insider trading was ok, while his moral compass spins like a tornado
Point72 asked the SEC for certain exemptions today! (Aug 26, 2021)
Steve Cohen selling Picasso's "Woman sitting near a window" for 100 million dollar?
How Steve Cohen (SAC / .72) walked away from the biggest insider trading scandal
Steve Cohen: The Man Who Walked Away From Wall Street's Biggest Insider Trading Scandal.(15 min doc)
Overstock CEO Patrick Byrne Names Steve Cohen And Mike Milken As "Sith Lords" - Seems like the Endbosses haven't changed much. Vulture capitalists involved in GME (Apollo - Leon Black) and MovieStock (also Apollo; Canyon Capital - Friedman and Julis) are all Milken offspring.
In 2014 Steve Cohen, of Point 72, pleaded guilty to insider trading charges. He was fined 1.2billion, and is still allowed to operate his hedge fund!! Continues to "make an astounding amount of money from trading stocks and bonds".
Looks like Steve Cohen has a vested interest in Amazon. Seems like he may possibly be part of the whole shorting companies for Amazon business module
Looks like Steve is on an evil mission of obtaining the trading platform login information from movie stock lovers. Oh boy.. It's a trap!
APENEWS Evening News Special Update: Only 3 Representatives fought against Maxine Waters' proposed market transparency bill in relation to the GameStop shorting situation. Those same 3 representatives received campaign contributions from Ken Griffin and Steve Cohen. Coincidence?
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I don't know how often I'll be able to make these. If you'd like to speed things along feel free to use the same title format (or make a better one), and post your own compilation about one of the players in this game ofchicken tendies. Be they bear, bull or ape. Here are a few ideas:
submitted by bah2o to Superstonk [link] [comments]
Who is Steven Cohen?
Steven A. Cohen is an American hedge fund manager and owner of the New York Mets of Major League Baseball. Cohen and the New York Mets finalized a deal on September 14, 2020 to become majority owner, owning roughly 97.2% of the team. He is the founder of hedge fund Point72 Asset Management and now-closed S.A.C.
Where did Point72 come from?
Point72 Asset Management, L.P., is an American hedge fund. SAC Capital Advisors was founded in 1992 and converted its investment operations to the Point72 Asset Management family office in 2014. In 2018, the firm reopened to external investors after a two-year ban and began accepting outside capital.
Wait why would they be banned from having external investors? Good question.
- The SAC in SAC Capital stands for the initials of its founder, Steven A. Cohen.
While Cohen has been in the federal government's cross hairs for years, he has not been charged criminally with any wrongdoing. But a number of his lieutenants have pleaded guilty or been convicted of insider trading charges.📌 Point 72 discussion
POINT72 ASSET MANAGEMENT Subsidiaries
- Cubist Systematic Strategies, LLC
- Point72 Europe (London) LLP
- Sigma Capital Management, LLC
- EverPoint Asset Management, LLC
- Point72 Asia (North Asia) Limited
- Point72 Asia (Hong Kong) Limited
- S.A.C. Capital Management, LLC
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I hope to make a series of posts compiling what the members of Superstonk (and others) have posted on various people and institutions that are in some way involved with GameStop, whether they be bullish, bearish, or full blown ape.
- Meet the Players: Jeff Yass & Susquehanna Compilation
- Meet the Players: UBS (United Bank of Switzerland) Compilation
- NFTs, Loopring and Dividends - Compilation
- DD 👨🔬
- Possible DD 👨🔬/ Speculation
- Discussion 🦍
- News 📰 Media 📱
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DD 👨🔬
📌 Point72 aka S.A.C📌 A DD into Steven A. Cohen, one of the main villains in the GME saga...
What Exactly Happened with Melvin Capital?
Know Your Enemies - Pulling Back the Curtain on Master Escape Artist Steven A. Cohen
The Hedge Fund "Cabal": Steve Cohen, Citadel, and Susquehanna have been playing this game for decades. Will the Game be Stopped this time?
🐱👤🐱🏍👀TLDR; Odd connection between aviation paths of KG, Steve Cohen, and a charged financial terrorist from France who somehow is still able to conduct business in America.👀🐱🏍🐱👤
How Steve Cohen got away once and why GME might do what the feds couldn't
Rolling in the Deep Dive: Hiding money in the Cayman Islands is back on the menu boys. Bribes and memes. Return Swap money trail and suspicious rule exemptions from keeping records of any kind. Hedgies are... well you know.
Post Series (Question/Discussion/DD) Parts 1-3 are background, parts 4-9 discuss Steve specifically
- Has there been any look at the possible information within the Panama papers or paradise papers? (posted April 2021, does NOT discuss the most recent Pandora Papers)
- All the financial institutions getting hurt by the archegos fallout were mentioned in the Panama/paradise papers.
- How hedge funds evaded taxes - Using the Panama papers to explain years of abusing legal loopholes
- Who Steve Cohen is and how deep he's connected to all this - Repost because reddit glitched and made all the screenshots Links to see them in a new tab for some reason
- Overstock went through the same naked shorting as Gamestop years back. How the CEO fought back with crypto, blockchain, lawsuits, and what we can learn.
- Leaked wallstreet lawyers' emails from 2012 confirm naked short selling on another e-commerce company called Overstock - How they used lawsuits, blockchain, and crypto to fight back years ago pt. 2 And the Steve cohen connections pt 3.
- Multibillionaire hedge fund manager Steve Cohen's deep roots with Melvin Capital's Gave Plotkin and Citadel's Ken Griffin
- Why investigative journalist Matthew Goldstein would be a valuable source of information, and we should do an AMA if possible (my personal opinion).
- How the US let "the biggest insider-trading scheme in history" go without Justice - Steve Cohen connections part 4
- Possible Point72 Shell Company - Shorebridge Capital Advisors, LLC
- Point72/ShoreBridge update- another 6.5 billion on 1/29
- Deeper into ShoreBridge and Point72 we go, part 3- Also.... Dwayne the Rock Johnson?
- Billionaire Boys Club (BBC) Episode errr... 9? - Steve Cohen... So HOT right now... But is he STEALING from his clients??? BBC guy investigates...
- Billionaire Boys Club (BBC) episode 13 Part 2 - The PUSSY board - Steve Cohen's TRUE form revealed! (Apettes be warned - This post contains Sexist references)
Possible DD 👨🔬
Advanced Fuckery I - The PFOF Proxy Scam - Robinhood, Say Technologies, Acorns, and Point 72“Connecting Point72 to GME” by OP u/lpeak57 (user deleted account between 8/12 and 8/15)
u/Matador3364 made a great post over on the DD sub, titled:
I think found the true motivation behind why Steven Cohen of Point72 is shorting GameStop to death.
Discussion 🦍
📌 Point 72 discussionSteve Cohen has an alleged history of punishing female employees who speak out about harassment and inequality (out of 32 managing directors, only 1 is a woman)
Steve Cohen opened Point72 as a family office to avoid additional regulation AND because they were banned from managing outside investment due to pleading guilty of insider trading.
⚠️Point72 Awareness Day⚠️ Is now every day! Here is an info dump of some initial internet scrapings I've found on our best bud Steve Cohen - can you feel the call of the abyss?
The 'REVOLVING DOOR': is a movement of personnel between roles as legislators and regulators, on one hand, and members of the industries affected by the legislation and regulation, on the other. From Q&A with Sheelah Kolhatkar, author of "Black Edge'', Steve Cohen Case, links in comment.
Did anyone notice Steve Cohen was involved w/ volkswagn squeeze? SAC Capital > Point72
Steve Cohen has been at this illegal short selling game for decades. ‘98 through ‘00 his fund SAC brought in 70% returns by betting against tech. Gamestop is just his latest victim. See vanity fair article screen grab and link: https://www.vanityfair.com/news/2010/07/steve-cohen-201007
Post Series
- Digging for 72 h straight into "Point 72" :: #1 Steve Cohen’s Point72 Is Exploring Blockchain, Crypto Sector, May 2021
- Digging for 72 h straight into "Point 72" :: #2 Famous Billionaire Steven Cohen: I Have Completely Converted To Crypto
- Digging for 72 h straight into "Point 72" :: #3 Point72 Asset Management Hiring Head of Crypto, July 1, 2021 - 2 min read
- :: For visibility :: Point 72 & Co (here DCG) :: TLC THE LONG CON The markets are frothing with liquidity :: Digging into and around POINT 72 for 72 h #4 (repost!)
News 📰 Media 📱
Point72 was a major investor in SAY Technologies prior to SAY being acquired by RobbinghoodPoint72 Employee Investment Fund, L.P. and Point72 Asset Management, L.P. (Release No. IC-34365; File No. 813-00393)
Watch Steven Cohen (point72) thinking veeeery slowly if insider trading was ok, while his moral compass spins like a tornado
Point72 asked the SEC for certain exemptions today! (Aug 26, 2021)
Steve Cohen selling Picasso's "Woman sitting near a window" for 100 million dollar?
How Steve Cohen (SAC / .72) walked away from the biggest insider trading scandal
Steve Cohen: The Man Who Walked Away From Wall Street's Biggest Insider Trading Scandal.(15 min doc)
Overstock CEO Patrick Byrne Names Steve Cohen And Mike Milken As "Sith Lords" - Seems like the Endbosses haven't changed much. Vulture capitalists involved in GME (Apollo - Leon Black) and MovieStock (also Apollo; Canyon Capital - Friedman and Julis) are all Milken offspring.
In 2014 Steve Cohen, of Point 72, pleaded guilty to insider trading charges. He was fined 1.2billion, and is still allowed to operate his hedge fund!! Continues to "make an astounding amount of money from trading stocks and bonds".
Looks like Steve Cohen has a vested interest in Amazon. Seems like he may possibly be part of the whole shorting companies for Amazon business module
Looks like Steve is on an evil mission of obtaining the trading platform login information from movie stock lovers. Oh boy.. It's a trap!
APENEWS Evening News Special Update: Only 3 Representatives fought against Maxine Waters' proposed market transparency bill in relation to the GameStop shorting situation. Those same 3 representatives received campaign contributions from Ken Griffin and Steve Cohen. Coincidence?
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I don't know how often I'll be able to make these. If you'd like to speed things along feel free to use the same title format (or make a better one), and post your own compilation about one of the players in this game of
- DFV, RC, Dr. T aka "Queen Kong"
- APEX and friends, Ken & Citadel, Gabe and Melvin, Susquehana, etc
2021.09.26 20:45 Cameron_Brow Overstock ($OSTK) - Retail Meets Blockchain
This is a DD I tried to post on regular WSB a while ago, though it had too much blockchain stuff to be accepted. It is a couple months old but still entirely relevant. Regarding technicals, I have also made a recent post regarding the technicals specifically of the retail portion.
Bitt - Central bank digital currencies (CBDCs)
Medici Land Governance - Blockchain data storage systems relating to land governance, land titles, etc.
GrainChain - Various farming software, including blockchain smart contracts, but also non-blockchain software applications such as farm logistics applications.
Voatz - Voting system with blockchain verifiable publicly accessible paper trail.
PeerNova - Management data services, idk.
FinClusive - Digital blockchain based banking system focused on regions underserved by banking.
Netki - Business compliance software, ID validation software, biometric data storage.
Minds - Monetized anti-censorship social media outlet.
Vincent - Blockchain based wine futures and wine sales direct from wineries.
Symbiont - Idk, seems like tZero but for institutions, I might not be smart enough or it may be nonsense.
Factom - Blockchain data storage.
Votem - Seems to be the same as Voatz, but perhaps different marketing.
Vital Chain - Blockchain data storage focused on birth and death records.
Chainstone Labs - Seems kind of like Symbiont if it were made on a shitty Wordpress site and did not have a marketing team.
Despite its years of losses, the current solvency of the company is alright. As of this quarter:
Debt/equity 13.4%,
Debt/Capital 11.8%
Liabilities/Assets 49.8%
Altman Score (Non-Manufacturing) 6.34
Net Income: 88.4m - 489.1m (worse)
Net Profit Margin: 3.08% - 3.20% (worse)
Shares Outstanding: 41.9m - 98m (better I guess)
Basic EPS: 1.96 - 4.99 (worse)
Quick Ratio - 1.5 - 1.3 (better)
Price (as of today): 97.54 - 308.40 (N/A)
Price YTD: 103.3% - 36.7% (better)
P/E: 45.8 - 66.7 (better)
EV/Sales: 1.3 - 2.2 (possibly better)
Total Assets: 893.7m - 4.8b (N/A)
Total Liabilities: 444.8m - 6.2b (N/A)
Total Liabilities/Assets: 49% - 130% (much better)
Net Debt/EBITDA: (4.2) - 1.3 (much better, already more than enough to pay off net debt)
It is also important to note the overall trend in income of each company. Both $W and $OSTK underwent the same period of continued losses during approximately the same time period. However, $W started taking losses about a year earlier on than $OSTK, and in larger amounts in proportion to the fact that it is a larger company with more expenses. Both companies have experienced a high level of growth in gross profit YoY, with $OSTK at 124% and $W at 101%.
Overall it appears that Wayfair is a much larger company and perhaps for now a better value strictly in EPS terms, but otherwise Overstock is in a much better position in terms of solvency and its ability to finance itself going forward, has made greater increases in revenue, better P/E, etc, that suggest it has great potential relative to Wayfair in the future.
As it relatives to Medici: Overstock has recently converted Medici into a limited partnership with a venture capital firm Pelion Venture Partners, who will act as general partner in the arrangement, while Overstock provided the vast majority of the financing. Aside from increasing funding to the Medici partnership, the idea is that this will allow Overstock to focus more on retail while Medici is managed by Pelion, which has more experience in investing in and managing the technology sector.
And as for tZero: tZero as of very recently had been something closer to a "concept". It had a website where you could trade like 3 tokenized securities, but of course next to nobody used it. However, it has since then taken some tangible steps to advancing itself, perhaps as a result of the advantages of the aforementioned partnership. It is launching a new app on which such trades can be made More importantly it has partnered with Wazuzu, Inc, which creates the sort of tokenized securities tZero has aspired to create. Wazuzu has agreed to make tZero the exclusive exchange of its securities from now on, thus we should see the amount of tradable securities on tZero increase soon.
submitted by Cameron_Brow to WallStreetBetsCrypto [link] [comments]
Overview - Retail Business
Overstock.com, Inc. ($OSTK) has two separate business sectors that are of interest to investors. Firstly, and foremost, it is an online retailer of home decor items and furniture such as rugs, couches, beds, blankets, curtains, and etc, as well as a jewelry dealer. It operates in a similar fashion to Amazon, with suppliers able to sell their home decor products and jewelry directly on the Overstock site while taking advantage of the Overstock shipping network. Advertising services are also optionally provided by Overstock to its partners within the site. To the extent that it operates in this industry, it is a consumer discretionary stock in the internet retail and direct marketing business. Its most similar competitor seems to be Wayfair ($W), another online furniture retailer.Overview - Blockchain Subsidiaries, tZero
However, Overstock also has a private subsidiary, Medici Ventures, which is in quite a different business. Medici focuses on the application of blockchain technologies (NOT the supposed currencies derived therefrom, but the technology itself) to the world of finance, and the subsidiary in turn owns several different companies (19 by my count) each of which deals with a different financial application of blockchain. Chief among these is tZero, which aims to create an online exchange of tokenized securities (i.e, stocks, options, futures, bonds, etc. represented in the form of blockchain tokens that are legally classified as securities) to facilitate instant settlement of trades, rather than the present system of t+2 days (hence tZero). This "instant settlement" is appealing to regulators who would like to resolve inefficiencies and clerical errors of the t+2 system, but also allows for e.g continuous access to markets 24/7, the ability to sell "private" equity as tokens to the public, etc.Overview - Other Subsidiaries
One could do a DD into each blockchain subsidiary independently if they so chose. I will list the remaining companies and provide a short description of the focus of each. It should be noted that most of these to my understanding are insignificant in terms of performance and resources, and some are something closer to "ideas" than actual businesses. Furthermore, Medici may own a varying percent of each that I do not care to dig into due to the aforementioned fact. tZero and perhaps Bitt are really the most important subsidiaries, and are largely owned by Overstock.Bitt - Central bank digital currencies (CBDCs)
Medici Land Governance - Blockchain data storage systems relating to land governance, land titles, etc.
GrainChain - Various farming software, including blockchain smart contracts, but also non-blockchain software applications such as farm logistics applications.
Voatz - Voting system with blockchain verifiable publicly accessible paper trail.
PeerNova - Management data services, idk.
FinClusive - Digital blockchain based banking system focused on regions underserved by banking.
Netki - Business compliance software, ID validation software, biometric data storage.
Minds - Monetized anti-censorship social media outlet.
Vincent - Blockchain based wine futures and wine sales direct from wineries.
Symbiont - Idk, seems like tZero but for institutions, I might not be smart enough or it may be nonsense.
Factom - Blockchain data storage.
Votem - Seems to be the same as Voatz, but perhaps different marketing.
Vital Chain - Blockchain data storage focused on birth and death records.
Chainstone Labs - Seems kind of like Symbiont if it were made on a shitty Wordpress site and did not have a marketing team.
Profitability & Solvency
Overstock, including subsidiaries and minority interest, had been operating at a net loss since 2017 up until a year ago, at an average of (122.7)m per quarter, previously having net income of around 10m per quarter going back several years, though I don't care to trace this all the way back to its inception in 1999. As of recently, in Q3 2020, net income was 16.4m, rising to 56m, and 88.4m in the respective following quarters. This is possibly as a result of pandemic induced online retail purchases, and the development of the company therefrom. EPS has risen consistently since Q3 2018, from then (8.98) to now 1.96. Gross profit is up 124% YoY.Despite its years of losses, the current solvency of the company is alright. As of this quarter:
Debt/equity 13.4%,
Debt/Capital 11.8%
Liabilities/Assets 49.8%
Altman Score (Non-Manufacturing) 6.34
Financial Comparison to Wayfair
Wayfair ($W) is the most similar entity that I can identify to Overstock, selling furniture and home decor items online since 2002, though it does not have any exposure to blockchain or tech in general. It is similarly well known and indeed more popular and much larger than Overstock as a place to buy home furnishing goods. Here I will compare various financials of Overstock to Wayfair in the format $OSTK - $W. I will also provide a judgement of (betteworse) for each from the point of view of Overstock, for the low IQ apes.Net Income: 88.4m - 489.1m (worse)
Net Profit Margin: 3.08% - 3.20% (worse)
Shares Outstanding: 41.9m - 98m (better I guess)
Basic EPS: 1.96 - 4.99 (worse)
Quick Ratio - 1.5 - 1.3 (better)
Price (as of today): 97.54 - 308.40 (N/A)
Price YTD: 103.3% - 36.7% (better)
P/E: 45.8 - 66.7 (better)
EV/Sales: 1.3 - 2.2 (possibly better)
Total Assets: 893.7m - 4.8b (N/A)
Total Liabilities: 444.8m - 6.2b (N/A)
Total Liabilities/Assets: 49% - 130% (much better)
Net Debt/EBITDA: (4.2) - 1.3 (much better, already more than enough to pay off net debt)
It is also important to note the overall trend in income of each company. Both $W and $OSTK underwent the same period of continued losses during approximately the same time period. However, $W started taking losses about a year earlier on than $OSTK, and in larger amounts in proportion to the fact that it is a larger company with more expenses. Both companies have experienced a high level of growth in gross profit YoY, with $OSTK at 124% and $W at 101%.
Overall it appears that Wayfair is a much larger company and perhaps for now a better value strictly in EPS terms, but otherwise Overstock is in a much better position in terms of solvency and its ability to finance itself going forward, has made greater increases in revenue, better P/E, etc, that suggest it has great potential relative to Wayfair in the future.
Performance of Medici & tZero
The performance/advancements of the blockchain companies as a whole are not to be considered at length, since there are so many of them and most of them do not seem to be making much progress, or if they are it is not much publicized and thus outside of the scope of my DD writing effort threshold. However, there is something to be said for Medici as a whole and tZero in particular.As it relatives to Medici: Overstock has recently converted Medici into a limited partnership with a venture capital firm Pelion Venture Partners, who will act as general partner in the arrangement, while Overstock provided the vast majority of the financing. Aside from increasing funding to the Medici partnership, the idea is that this will allow Overstock to focus more on retail while Medici is managed by Pelion, which has more experience in investing in and managing the technology sector.
And as for tZero: tZero as of very recently had been something closer to a "concept". It had a website where you could trade like 3 tokenized securities, but of course next to nobody used it. However, it has since then taken some tangible steps to advancing itself, perhaps as a result of the advantages of the aforementioned partnership. It is launching a new app on which such trades can be made More importantly it has partnered with Wazuzu, Inc, which creates the sort of tokenized securities tZero has aspired to create. Wazuzu has agreed to make tZero the exclusive exchange of its securities from now on, thus we should see the amount of tradable securities on tZero increase soon.
Conclusion
Overstock is a solid retail business that has grown much in both revenues and valuation as of recently, yet is still undervalued relative to its competitor. Along with the retail business, one gets the chance of either substantial growth or continued useless exposure to the attendant blockchain enterprises. Most of these will probably come to nothing, or at least are worth nothing at present, but some of them and tZero in particular show some promise. The investors of Overstock are not fickle, and it has a sort of cult following among certain people who see great potential in it.2021.09.26 04:47 devdevgoat-bot2 2/7/2007 10:18:04 AM A conversation with Peter . . .
By: xxdiamondchildxx05 Feb 2007, 11:27 PM ESTMsg. 15370 of 15439 Jump to msg.
By: klonopin2mg06 Feb 2007, 06:13 PM ESTMsg. 15406 of 15440(This msg. is a reply to 15370 by xxdiamondchildxx.) Jump to msg.
By: xxdiamondchildxx06 Feb 2007, 11:07 PM ESTMsg. 15425 of 15440(This msg. is a reply to 15406 by klonopin2mg.) Jump to msg.
2/7/2007 10:18:04 AM proeag Source
submitted by devdevgoat-bot2 to CMKMArchive [link] [comments]
*CMKM Diamonds GREATER THAN OverstockCMKM Diamonds, Inc. has more precious assets and a greater overall valuation than Overstock IMO...to be seen when the curtain is finally lifted.CMKM Diamonds, Inc. has a greater NSS position against it than Overstock IMO.CMKM Diamonds, Inc. has greater indisputable evidence to show "Wrong Doing" against it than Overstock...with help of the Certificate Pull.CMKM Diamonds, Inc. has "trapped the shorts" at a much greater scale than Overstock.CMKM Diamonds, Inc. has greater influential/powerful individuals (working for and with The Company), a greater influential/powerful Shareholder group, and a greater "United" Shareholder base as far as I am concerned.CMKM Diamonds, Inc. has greater U.S./World implications IMO (due to the type of assets involved and the massive criminal manipulation/players involved)CMKM Diamonds, Inc. has a greater "Power In Numbers" element than Overstock.Therefore, though Overstock has SIGNIFICANT importance in helping to create positive change within The Financial Markets and The Government Individuals/Agencies-Commissions involved...I feel that CMKM Diamonds, Inc. is "THE MOTHER OF ALL POTENTIAL COMPANY/SHAREHOLDER SUCCESS-FINANCIAL FRUITION, THE MOTHER OF ALL DAMNING EVIDENCE TO PROVE WRONG-DOING AGAINST IT/AND THE MOTHER OF ALL RIGHTEOUS & POSITIVE CHANGE WITHIN A CORRUPT-GREED INFESTED FINANCIAL MARKET SYSTEM.You may ask...why even compare? Well, the only reason is to show what TREMENDOUS IMPLICATIONS/POTENTIAL/& OVERALL SCALE we are dealing with as it pertains to us CMKXers and our CMKM Diamonds, Inc. Company.All of the above is IMHO.God Bless those with "Righteous" intent!Peter(Dxild)(Voluntary Disclosure: Position- Long)
hey peter! despite what that "other board" tries to imply....UC, RG, Maheu, Stoecklein, Frizzell, Moran, TF/tmPByrnes, and O'Quinn & Co.....just to name a few good men. my many thanks to all the "good" men and women on these mb's.CMKX worthless? LMAO, i don't think so.......so for those who read this board and have emailed or IM'd me negative information lately, stop wasting my time.I "GOT CMKX" and have my new prestige license plate ordered for 2007 to arrive by April 5th which coincides with DOJ/Birthday gift last year. coincidence? yep.have a wonderful night and enjoy life now!chuck/klon'
Chuck/Klonopin,You and I are on THE SAME WAVELENGTH as it pertains to CMKM Diamonds,Inc.. The fact is...despite the comments on that "other board"...ALL I CARE ABOUT IS WHAT I KNOW TO BE TRUE IN MY HEART/MIND/& SOUL based on the DD (when observed and meditated on "IN TOTALITY"). That being said, I am EXTREMELY "Positive" Re: CMKM Diamonds, In...
[Truncated due to reddit comment length. See source link for original. Backed up on git as well.2021.09.25 19:22 devdevgoat-bot2 2/7/2007 10:18:04 AM A conversation with Peter . . .
By: xxdiamondchildxx05 Feb 2007, 11:27 PM ESTMsg. 15370 of 15439Jump to msg. #*CMKM Diamonds GREATER THAN OverstockCMKM Diamonds, Inc. has more precious assets and a greater overall valuation than Overstock IMO...to be seen when the curtain is finally lifted.CMKM Diamonds, Inc. has a greater NSS position against it than Overstock IMO.CMKM Diamonds, Inc. has greater indisputable evidence to show "Wrong Doing" against it than Overstock...with help of the Certificate Pull.CMKM Diamonds, Inc. has "trapped the shorts" at a much greater scale than Overstock.CMKM Diamonds, Inc. has greater influential/powerful individuals (working for and with The Company), a greater influential/powerful Shareholder group, and a greater "United" Shareholder base as far as I am concerned.CMKM Diamonds, Inc. has greater U.S./World implications IMO (due to the type of assets involved and the massive criminal manipulation/players involved)CMKM Diamonds, Inc. has a greater "Power In Numbers" element than Overstock.Therefore, though Overstock has SIGNIFICANT importance in helping to create positive change within The Financial Markets and The Government Individuals/Agencies-Commissions involved...I feel that CMKM Diamonds, Inc. is "THE MOTHER OF ALL POTENTIAL COMPANY/SHAREHOLDER SUCCESS-FINANCIAL FRUITION, THE MOTHER OF ALL DAMNING EVIDENCE TO PROVE WRONG-DOING AGAINST IT/AND THE MOTHER OF ALL RIGHTEOUS & POSITIVE CHANGE WITHIN A CORRUPT-GREED INFESTED FINANCIAL MARKET SYSTEM.You may ask...why even compare? Well, the only reason is to show what TREMENDOUS IMPLICATIONS/POTENTIAL/& OVERALL SCALE we are dealing with as it pertains to us CMKXers and our CMKM Diamonds, Inc. Company.All of the above is IMHO.God Bless those with "Righteous" intent!Peter(Dxild)(Voluntary Disclosure: Position- Long)- - - - -By: klonopin2mg06 Feb 2007, 06:13 PM ESTMsg. 15406 of 15440(This msg. is a reply to 15370 by xxdiamondchildxx.)Jump to msg. #hey peter! despite what that "other board" tries to imply....UC, RG, Maheu, Stoecklein, Frizzell, Moran, TF/tmPByrnes, and O'Quinn & Co.....just to name a few good men. my many thanks to all the "good" men and women on these mb's.CMKX worthless? LMAO, i don't think so.......so for those who read this board and have emailed or IM'd me negative information lately, stop wasting my time.I "GOT CMKX" and have my new prestige license plate ordered for 2007 to arrive by April 5th which coincides with DOJ/Birthday gift last year. coincidence? yep.have a wonderful night and enjoy life now!chuck/klon'- - - - -By: xxdiamondchildxx06 Feb 2007, 11:07 PM ESTMsg. 15425 of 15440(This msg. is a reply to 15406 by klonopin2mg.)Jump to msg. #Chuck/Klonopin,You and I are on THE SAME WAVELENGTH as it pertains to CMKM Diamonds,Inc.. The fact is...despite the comments on that "other board"...ALL I CARE ABOUT IS WHAT I KNOW TO BE TRUE IN MY HEART/MIND/& SOUL based on the DD (when observed and meditated on "IN TOTALITY"). That being said, I am EXTREMELY "Positive" Re: CMKM Diamonds, In...
[Truncated due to reddit comment length. See source link for original. Backed up on git as well.
submitted by devdevgoat-bot2 to CMKMArchive [link] [comments]
[Truncated due to reddit comment length. See source link for original. Backed up on git as well.
2021.09.18 02:37 Cameron_Brow $OSTK Potential Rebound
 | Overstock ($OSTK) is an online retailer of home furniture items such couches, rugs, curtains, beds, etc., as well as of jewelry since 1997. It's comparable to the company Wayfair ($W), also an online furniture retailer. submitted by Cameron_Brow to wallstreetbets [link] [comments] It has a couple things going for it: it's been profitable a few years now, and financially is in a much better position overall compared to $W despite being cheaper. Just now it is nearly crossing above the 50 DMA after trading at a range for some time, and the average price target going forward is 121. Short interest included at the bottom, indicating some may cover if the price breaks out above the range that its been at lately, especially insofar as short interest has been increasing. https://preview.redd.it/sl3bczoen5o71.png?width=1524&format=png&auto=webp&s=8045f7644eb16681e0997dcf826bfc43378da114 |
2021.08.30 20:15 WestMichiganHomes 5 Tips For Great Real Estate Photography
Most people who are looking to buy a new home start by researching online. It’s really the first impression they will get on your home before even seeing it in person. So, beautiful photography of your home really can be the deciding factor if potential buyers even want to see the house in person.
Show your home with exceptional imagery to set your listing apart from the rest and capture the attention of more homebuyers.
If you’re listing and selling your home FSBO (for sale by owner), you will want maximum exposure for your advertising. In a world of smartphones, photo apps, and DIY hacks — these tips will help you make the most of showing off the best assets of your home without spending money on a professional photographer.
1. Zoom In On Your Focal Points
For real estate pictures, you want to enhance the best parts of your home. Do you have a huge claw tub, backyard with a deck and pool, walk-in closets, high ceilings, newly renovated kitchen? Focus on those positive aspects.
2. The Right Tools
A high-end/expensive camera and cutting-edge equipment aren’t necessary to take great photos of a house, but a smartphone might not cut it either. You may want to invest in a digital camera with at least 12-megapixels. Additionally, a sturdy tripod is affordable and will be worth the spend, as it eliminates the unsteady hand and reduces blur.
3. Copycat
You’ve probably spent time browsing other home seller’s listings, especially for homes in your area. Make a list of what do you like about the listings. Take some practice snapshots mimicking the techniques. Also, pay attention to real estate photos that give you a negative vibe. In other words, don’t skip looking at unappealing listings. Note what makes them ugly and be inspired not to make the same mistakes.
4. Set The Stage
You may need to rearrange furniture and reconsider decor for your photoshoot. Homebuyers are almost always looking for that sense of space and openness. Sometimes the architecture of your home helps you out. Large windows, high ceilings, and bright walls may allow you to get away with using natural lighting for your photoshoots. Whether or not that’s the case, always turn on indoor lights and open curtains. Take photos when it’s sunny to get the most from daylight.
5. Depersonalize
For open houses, you would never leave your home adorned with family photos, holiday decor, and stacks of papers lying around, right? The same goes for your real estate photos.
Remember, high-quality real estate photography is crucial to generating initial interest, but keep in mind it’s only the first step in the home selling process. If you don’t have the time to list your home due to financial or personal reasons, and you need to sell your house quickly, consider selling to a professional home buyer instead. Good luck!
submitted by WestMichiganHomes to u/WestMichiganHomes [link] [comments]
Show your home with exceptional imagery to set your listing apart from the rest and capture the attention of more homebuyers.
If you’re listing and selling your home FSBO (for sale by owner), you will want maximum exposure for your advertising. In a world of smartphones, photo apps, and DIY hacks — these tips will help you make the most of showing off the best assets of your home without spending money on a professional photographer.
1. Zoom In On Your Focal Points
For real estate pictures, you want to enhance the best parts of your home. Do you have a huge claw tub, backyard with a deck and pool, walk-in closets, high ceilings, newly renovated kitchen? Focus on those positive aspects.
2. The Right Tools
A high-end/expensive camera and cutting-edge equipment aren’t necessary to take great photos of a house, but a smartphone might not cut it either. You may want to invest in a digital camera with at least 12-megapixels. Additionally, a sturdy tripod is affordable and will be worth the spend, as it eliminates the unsteady hand and reduces blur.
3. Copycat
You’ve probably spent time browsing other home seller’s listings, especially for homes in your area. Make a list of what do you like about the listings. Take some practice snapshots mimicking the techniques. Also, pay attention to real estate photos that give you a negative vibe. In other words, don’t skip looking at unappealing listings. Note what makes them ugly and be inspired not to make the same mistakes.
4. Set The Stage
You may need to rearrange furniture and reconsider decor for your photoshoot. Homebuyers are almost always looking for that sense of space and openness. Sometimes the architecture of your home helps you out. Large windows, high ceilings, and bright walls may allow you to get away with using natural lighting for your photoshoots. Whether or not that’s the case, always turn on indoor lights and open curtains. Take photos when it’s sunny to get the most from daylight.
5. Depersonalize
For open houses, you would never leave your home adorned with family photos, holiday decor, and stacks of papers lying around, right? The same goes for your real estate photos.
Remember, high-quality real estate photography is crucial to generating initial interest, but keep in mind it’s only the first step in the home selling process. If you don’t have the time to list your home due to financial or personal reasons, and you need to sell your house quickly, consider selling to a professional home buyer instead. Good luck!
2021.07.01 12:07 CommanderKeyes Daily DDs/News/Discussions Compilation - July 01, 2021
Daily compilation of important posts from Superstonk and GME.
[History]
Previous Close: $214.14
Daily News
News Media
submitted by CommanderKeyes to Superstonk [link] [comments]
[History]
Previous Close: $214.14
Superstonk
Pinned 📌Daily News
- The Daily Stonk 06-30-2021
- The Jungle Beat- Wednesday 06-30-2021- CELEBRATING 500K SUPERSTONK MEMBERS WITH FLAIRS!! 🥳🎊🚀🚀🚀
News Media
- Ape thinks it’s time
- For things like this is why I keep buying and holding
- This is a fact.
- BLOCKCHAIN USE CONFIRMED from New GameStop engineer hire “splitting my time & bridging worlds of traditional “legacy” ecom & #blockchain.”
- Criminals & Confetti. Despise Both.
- The Literal Definition Of The Term "Cost Of Business"
- Maybe the best explanation for smooth brained apes of what’s happening with the market.
- Good DD right here
- Brick by brick. We believe in you RC!
- GameStop.com just got an update!
- Robinhood 70m fine is NOT related to the "disable buy button" fiasko!!!
- Just FYI apes and apettes
- Welcome Jordan Holberg, GameStop’s new Principal Engineer! 🦍🙌🧠
- Bloomberg - Credit Suisse Top Holder Qatar Investment Authority Cuts Stake
- Eat it Vlad
- Uhhuuuum? Hel fukin lo? They’re kidding right? Right?…
- BULLISH
- They really are listening to how we want to see the company transformed...
- Jordan Holberg, Gamestop's new Principal Engineer, is Founder of "HODLberg Financial"
- FINRA fines Robinhood $70M
- DTCC Update Submission of Rule Filing SR-FICC-2021-005 – Amendments to the GSD Rules, MBSD Rules and MBSD EPN Rules to Make Certain Corrections Clarifications, and Technical Changes
- Looks like our most shorted gme holding etf called XRT just made the threshold list yesterday! Not sure if anyone has noticed this. At one point it was pretty gme heavy, especially now we know they are delaying everything t+35
- For clarification the Robinhood news is not related to "meme stock frenzy"
- Citadel r fuk
- NYSE volume
- 6 days ago, the Bank of England "shrugged off inflation fears"; Today its departing chief economist has said that it could be “nearer to 4% than 3%” by the end of the year. I wonder how long central banks can keep saying its "transitory"....
- SEC Charges San Francisco Bay Area Finance Employee and Friend With Insider Trading--The Penalty is worse than the crime for this 'little guy'!!!!!
- Liquidations Application Filed with SEC for 2 Funds (credited to Charlies vid)
- This👇🏼
- When the fine is less than the crime, it simply becomes a cost of doing business - Robinhood to pay record $70M to settle probe into outages, misleading info
- The author of ‘rich dad, poor dad’ is predicting the “worlds biggest crash in history coming” soon.
- Lets go!!!!!!!
- Brick By Brick
- "The Big Short" is on right now on Norway's biggest commercial tv channel! IDK but I l like the timing!! 💎🙌🚀🚀🚀🚀🚀
- Blackrock: “The economic restart over the horizon”
- Apes using freetrade, I messaged about the sell cap of £25k on their platform & they are reviewing increasing the cap due to high demand.
- DeepFuckingValue tweeted about the "threshold list" on 6/7/21 at 8:00 AM.
- French web media gave a (not perfect) talk of GME, Superstonk , DTCC, Citadel ... maybe my people realize what happen
- Alex Kearns RIP, I'm sorry brother you had to find out about these crooks this way..we HODL with 💎🙌 for you.. an excerpt from FINRA's News Release about the "fine"...
- Did someone read this book? I think this might be a cryptic message
- Jordan Holberg is an eccentric geek, gamer, decentralist, funny-guy, and now GameStop’s Principal Engineer. He also loves cats, is nostalgic for GameStop, and lives to meme.
- Now 4 out of 5 days, the highest concentration since 1927. The only other times with even 3/5 days were May 26, 1972, and December 23, 1999.
- Fed Unity Cracks as Inflation Rises and Officials Debate Future
- HODL, GME shares will be the safest hedge against inflation.
- Demystify the Feds ON-RRP Operations, Why do we care so much about them? Finally figured out what Michael Burrry IS trying to tell the world
- GameStop 理论基础 #3 -- 当前实际空头头寸百分比 [Simplified Chinese Translation: Current SI%, u/criand]
- The Endgame - connecting the dots.
- Investigative Work: Why GAMESTOP - "I am the exchange now is not a meme"
- My TA case for a breakout this week
- The Nursery "Alice", Part 1: We're Not Cats
- DD: Oreos, Moonpies, & Fast Food
- Flashback Friday: GME – E-commerce Transformation & Structural Business Overview – 30 March 2021 - Third Bridge Interview with Gamestop
- SHIT IS ABOUT TO POP OFF 🚀 ( Delicious confirmation bias )
- 📢 FOUND OUT WHY THE LIGHTS ARE ON AT JP MORGAN IN THE WEEKENDS! AND SIGNS THEY MAY GET EVAPORATED! 📢
- If XXX, Then YYYY.... I think tomorrow will be the dividend announcement.
- "tip of the Glacier", a weird phrase in a DD that has received renewed attention
- The Federal Reserve is the final boss in this entire saga. "The Fed is Lighting the Fuse for a Liquidity Crisis" - what looks like a collateral crisis now (Reverse Repo) is soon going to turn into a full on liquidity crisis. 2008 NEVER ENDED.
- The real use case behind the GameStop NFT, and why you're not thinking big enough
- Ford Needs Cash. Might the Auto Dealer Lose Value Enough Trigger Margin Calls?
- "Devil May Care but Apparently the SEC Does Not." The Curious Case of Overstock and the Threshold List
- Simple FTD math based on u/ChrisCraftTexasUSA post... GME appears to only have about 30 times more FTDs than TSLA... Just...
- The RRP numbers are at eye-popping levels, but remember no one knows what it will mean.
- I colored on some charts to confirm your bias. Buckle up!
- Some crayons and important crayon-y support lines for you to consider
- "OTM options are idiot bait"
- Dividend Issuing and Timeline?
- We're overlooking an important aspect of the Baird suspension....probably because MSM is intentionally choosing to publish the third reason for suspension of GME analysis as stated by Colin Sebastion...who they all are quoting.
- 🔴Daily Reverse Repo Update 06/30: $991.939B - New record🔴
- Just doing some reading on Bastille Day and would ya look at that.
- $GME Lowest Volume Since AUGUST 2020 (again) June 30, 2021 Volume = 2.4M
- FTD Data for GME + ETFs just released. LOTS TO UNPACK here. Going to share information with u/dentisttft and u/criand for analysis. Hit me up if you want the data too.
- 69,992 shares…that’s about how many shares Matt Furlong, CEO will be awarded…You can’t make this up…
- "Find a lawyer" they say. Great, do you just call 1-800-lawyers?
- SR-DTC-2021-005 FINALLY PUBLISHED TO THE FEDERAL REGISTER (4:15 AM, 06/30/2021)
- GME is barely trading. Volume is gone. Price is near solely affected by call options on June 30.
- 30/06/2021 - GME Bloomberg Terminal information
- Move along, just normal behavior for a stock. Nothing to see here
- Diamantenhände 💎👐 German market is open 🇩🇪
- Dr. Burry's 13F filings for the past 2.5 years and his letters to GME
- Trades By Exchange $GME 06-30-21
- Worth the post. Black rock statement yesterday about stock risk. No karma farming, will comment for downvotes.
- Why they’re trying to blame us for volatility
- 🔴 HAVE YOU SEEN THIS DD? 🔴
- Dark Pool Guy here with your late night hump day EOM report for June 30! The stage is being set for a fast upswing day next week as GME plummets to #22 in The Top DP Positions Power Rankings!! Total positioned slid $210M and leaked 640K shares in to public markets today! Total shares down to 4.31M!!
- Just some quick data: GME FTDs are happening EVERY FUCKIN DAY IN JUNE - @SEC why no threshold bro? I'll be folding this into my DD and working with our other DD masters in the next few days. Stay thirsty my 💎✋🦍
- 10 Calendar Days Are Required Prior to the Record Date for Dividends: NYSE Rule 204.12; Nasdaq Rule 5250(e)(6)
- Just a reminder…. Citadel uses the VWAP to trigger algorithms against us. When you start to see a spike and it touches the upper band… Expect a dip on to standard deviations. Kenny Told us he did this in his congressional hearing
- GAMESTOP JOB OPENINGS!!!!!!!! research and opinion based on 30 years in the industry...
- GME FTD data updated for first half of June on SEC site
- Some French history from a French ape and why you should add t+2 on that
- Looks to me that MACD suggest huge upward movement soon!!!
- For those of you who celebrate the MOASS on a daily basis, we have a live stream of the 1-second chart along with all the info you love. Hype trailers, copyright jams, and zen mode! It will never be monetized (I hold GME, so why bother?). We like to have fun! Cheers! 🍻 and Happy HODLing! 💎🦍🎸🎶
- Dispelling some FUD I saw earlier about eToro closing positions with 1000% profit.
- 🏦Daily Bank Chart Update 6/30🏦 "EVERYTHING'S FINE!" Edition
- Fidelity increases GME score from 8.5 to 8.6. Another sign were getting closer folks!
- Lowest volume in premarket I've seen at least in recent memory. Get ready for possibly another boring day as low volume PM usually leads to low volume days.
- Never forget all the ways SHFs can disguise their short positions
- Update from europoor on Citadel 3 am
- Am I the only one who finds it strange that the average RRP per counterparty stays fairly constant, even though the number of counterparties has doubled in 2 weeks?
- Do NOT interpret the RH $70M fine as good. It's actually bad.
- I'm calling it now. This week is going to end well.
- Why the MOASS is taking as long as it is…
- The GME story finally made me understand Alexander solzhenitsyn famous quote
- Their strategy has become to match retail candle for candle. Any upward momentum is immediately smacked down with the same force. They want us to think they’re all powerful. But it reeks of weakness and desperation.
- Here is why u/SPAClivesmatter is into something important: Redemption of iShares Russell 2000 ETF During Certain Market Conditions.
- Two end of the month tweets by RC, both at the exact same time, 7:41 p.m. I don’t believe in coincidences.
- Hank’s thot experiment
- Any wrinkled brained apes looking to start the MOASS and serve an amazing company? 👀
- My thesis - Balance sheets and another housing crash.
- This needs more recognition about what is going on with T212
- To short GME in E*Trade need a 800% margin requirement. This is from Wednesday 6.30.21
- Picture is worth 1000 words. Op left out so I am expanding on it - Calling all wrinkle brains
- Jerkin' It with Gherkinit S4E1 Daily Live Charting for 6/30/2021
- Reminder that no one is selling. 350,000 shares borrowed today, current volume is 270,000. It’s not hard to see the desperation from the SHFs.
- 🎶Look at these graphs🎶
- OMG $991 Billion
- Most Important [serious]
- Kenneth Griffin is the fall guy, Michael Milken is behind the curtain?
- Firm of billionaire Griffin sells Miami Beach condo at loss for $11M
- 🔴Reverse Repo 6/30/21 at 991 billion with an average of 11 billion per counter party 🔴
- Berkshire Hathaway is trolling us somehow. The other day they were at $420,420 and today’s after hours loss says 80085. 🤔
- 🚀🚀🚀SR-DTC-2021-005 has now officially been PUBLISHED 🚀🚀🚀
- What comes next changes everything for NFTs. 14/07/21 🇫🇷🥖
- 7:41
- I've never seen anything like that on a chart before. Anybody have any idea what it is?
- Here is your daily reminder that it has been 26 trading days since we closed below $200. Coin dividend wen?
- Canadian apes! Wealthsimple account agreement was updated yesterday effective immediately. They are still not lending our shares!!
- Two RC tweets on last day of month, both at 7:41... quick Google search reveals....
- Can option 2 be done from T212?
- 7/14 Bastille Day, first picture that came up....JACKED TO THE TITS!
- This was 2 months ago. What has he done since being informed and given the information?
- Why is the price bouncing under 210 every time it exceeds it? I think smaller funds are on a knifes edge.
- GME FTD shares Failed to Deliver SEC link: https://sec.report/fails.php?tc=36467W109
- Hey guys, I thought this would go without saying... but like stop searching random stuff on Gamestop's app/website. They're not trying to talk to us through fucking search results. All you're doing is flooding their search algo with useless searches making the data they gain less useful.
- Hypothesis: Tens of millions of retail investors already own GameStop shares. Hedge funds have destroyed the price discovery process and, by doing so, have eliminated retail buying pressure. It’s the reason why there is no volume.
- As an ape who needs to wake up at 4am for work everyday, I’ve never seen pre market have such low volume (7:10am EST as of posting)
- GameStop has paid out a dividend every year since 2013 with the exception of last year
- What if the T212 deadline of 13-Jul is related to the NFT launch date of 14-Jul
- Thats the system taking their cut for us getting screwed.
- 🛑 Debunked🛑 A conversation from today is going around about an 800% margin requirement to short AM© and GME using E*TRADE. While the customer service probably said this today, it's old news as it was the same percentage from 69 days ago (...nice)
- Psych DD: Game Theory as applied to the MOASS part 1
- Let’s clear up some unnecessary FUD about Fidelity
- Today was the lowest trading day volume for GME in 2021.
- FINRA may be trying to cover up Robinhood's "Disable Buy Button" shenanigans by incorporating this statement in their $70M fine.
- They are not trying to close , thus t212 and firms asking shares holders to lend out shares . 🙌💎👀🚀✌🏼
- His tweets are from his employer his employer is GameStop
- Are you stressed about the moving goalposts and "big days" failing to deliver?
- Naked Shorting Directly Leads To Increased Rates Of Mortality-Explained Using Loose Math And Economics
- TLC THE LONG CON The markets are frothing with liquidity..pdf
- “This is a Big Fucking Dealing”
- I spend about 5 hours a day scrolling through superstonk and I still have no idea why everyone is saying "omg, today is the day"
- Does somebody has the full script of these Twitter posts? The account has been banned and I wanted to show a friend these posts, cuz they were a good summary.
- I own a handle from the front door of the original 1930 Chicago Board of Trade building. It was given to my family about 40 years ago. After my fiance and I build a home where shall we put it, on the shitter door or front door?
- How the hell is citadel and any other SHF going to pay dividends on billions of shares? What if it's a crypto dividend? Do they have to buy up millions of a crypto coin to reimburse the broker? Tits absolutely jizzacked to the mizzax! ✋💎✋
- TLC: The Long Con - Where did it go? It seems that the author has removed the post and deleted their account from reddit?
- Ummm guys , wut mean ?
- So we learnt about dark pools, time for apes to learn about ADFs (Alternative Display Facility) too. Anyone?
GME
News Media- Pathetic!
- Most traded foreign stocks Switzerland 2021
- Today's REPO $991,939 with 90 counterparties...it's still "fine" right? Boolish!
- They just won't STOP! The DD says that the impending market crash will be good for our favorite stock, but these policies by the FED are going to hurt so many people. Excited for MOASS and Sad for what it means for many of those around us. We will have work to do to help the recovery!
- 17 days of morning dips
- Does SEC not care, are they THAT corrupt, are they blind?
- All T212 investors, plz read below, I'm just sharing for exposure
- GME is oversold AND at low volume. The other 2 times this happened this year, the stonk then trended upward. But no matter what happens, I will HODL! 🚀🚀🚀
- I know exactly when some of you are going to sell
- june 30th was the day of expiration for the mortgages defaulting and there were still 2.5 M delinquent mortgages. did they renew that bill? or is 2.5M people about to lose their homes?
- A MEASLY 70M FINE?!?! NO WAY, NOT AGAIN. WE NEED TO RAISE OUR UNITED VOICES x100000000 AND FIGHT BACK. -Images below from when I just tried to post elsewhere
- GME UPDATE 🚀🚀
- Saw RC tweet, my first thought was the Better Business Bureau. Then I looked for a trustworthy clearing depository. There isn’t one?
- They’ve been doing this for years and Fining them is not the solution, putting them in jail is! But once again they("authorities" )left us in the limbo!
- I know that the movie stock has A LOT more shares than our loved one, but Jesus, 40 times more traded in premarket must mean that the liquidity is basically non existent 🤣🤣
2021.06.13 16:43 JustBeingPunny Learn from the past, when they didn't care to hide.
 | Have you heard of Max-D? No, nor had I. I searched for ‘naked short selling’ through EDGAR (SEC’s public database’ and amongst all of the filings, I stumbled upon their wonderful little company. submitted by JustBeingPunny to Superstonk [link] [comments] What makes them so special? Why even bother with a post? Well, they were subjected to manipulative stock trading that was driving their share price into the ground, much like the attempt on GameStop. However, like overstock, this company fought back hard. The went public to expose the naked short selling with figures and number to prove just how bad it was. Rather than a long TL;DR at the end, I’ll be posting recap summaries throughout. You should be able to follow the entire post reading these summaries… I hope. The whole thing is a good read, I promise! As always, if any information or interpretation is incorrect, help me correct it! I'm happy to edit accordingly! _______________________________________________________________________________Background –June 14, 2018 – 19.09pm ET Max Sound Corporation (OTC:MAXD) and its Shareholders are being continuously victimized by Manipulative Trading Practices and Abusive Naked Short Selling orchestrated by Knight/Virtu (NITE), Cantor Fitzgerald (CANT), Canaccord Genuity (CSTI), Citadel (CDEL) and eTrade/G1 (ETRF) for the past three years with the objective to systematically lower the MAXD share price by selling billions of counterfeit shares that generate enormous free money for the market makers who have no intention of ever covering a short position. In fact, they have paid bashers that spew lies and libel wherever legitimate shareholders congregate. Yesterday the Company reported that it had engaged a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance related to substantial naked short selling of its stock. Max Sound has now registered complaints related to these activities with the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA). The Company encourages MAXD investors and shareholders who believe they have been harmed, to file complaints as well. Remember, the value is being stolen from your investment, only because well-organized criminals are able to operate with absolute power, unmonitored inside the industry that handles, manages, trades and ultimately steals the total value of your asset. This is a direct statement. The gigantic titanium swingers these mofos have. I guess I’m not surprised Citadel are in there. Though things continue to get REALLY interesting… June 14, 2018 – Earlier the same morning – 08.49 ET Max Sound Corporation has engaged a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance related to substantial short selling of its stock. Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. So you’re being naked shorted right into the ground. You feel helpless and have nowhere to go. What do you do? You bring in the experts and that is exactly what they did. The Securities and Exchange Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies for investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market maker posts continually at or near the best offer, but does not also post at or near the best bid, the market maker's activities do not qualify as bona-fide market making. Moreover, a market maker that continually executes short sales away from its posted quotes is not considered to be engaged in bona-fide market making Ape talk – The SEC has stated market-making can’t be genuine if they’re ‘shorting away from its’ posted quotes’, missing bids from the buy side every now and then, whilst the sell side ALWAYS has something there, or diverts away from its’ regular market making patterns. (Sound familiar?) This is my interpretation. My knowledge on market making is little, so if anyone can add a better easy explanation, I’ll be happy to add. So let’s take a break here and recap. MAXD are a company that were fully aware that they were being shorted (also naked) into the ground. They hired some experts in the field to take a look into the trading and market making activities for compliance. What they found was…. _______________________________________________________________________________________________________________________ Did they comply?MAXD market makers have been monitored daily for compliance with Reg SHO and Fair Market-Making Requirements. Here is a trading analysis of MAXD. BuyVol = real buyers at offer. SellVol = real sellers at bid. ShortVolume = short sale trade identifiers for both EXEMPT (market makers) NON-EXEMPT (everyone else) shorts sales. The short selling as a percentage of daily trading volume in MAXD by your firm is abnormally high; the market-making math related thereto does not reconcile and is not at all compliant with Federal Securities Laws. As is common during these orchestrated short selling campaigns, bad actors with no real interest in MAXD’s success, or any small public company for that matter, has consistently engaged in false accusations and libel on the Company’s stock chat boards in attempts to scare and demoralize MAXD’s legitimate shareholders. It is noteworthy that as soon as Max Sound sent this report to the market makers perpetrating the naked short sales on the company, the bad actors disappeared at least for the time being.. Acknowledging the shills, reporting the shills and then telling the shorts that they know. I’m beginning to love these people more and more. Recap – The experts took a peek behind the curtain and did the math on the market making activity. They concluded that there was absolutely no way that they could be complying with federal securities law. They also found shills in their message boards and compiled a report highlighting all of this. This forced the shorts to back off for a small while. __________________________________________________________________________________________________________________________ The dataThis is the thick of it. MAX-D just didn’t publicly state all of this was happening. They posted clear numbers detailing how and WHO. I’ll continue to quote their statement and break it down further. Buckle up. We have analyzed the last year of daily short volume data and correlated it to recent market making activity in MAXD. In 27 of the past 31 trading days, 87% of the time, the combined selling and short selling in MAXD has far exceeded the amount of buying (See NetNet column below). Market makers, by definition, are required to PROVIDE LIQUIDITY not extract or remove liquidity. The math provided below demonstrates that instead of matching orders, market makers, Knight/Virtu, Cantor Fitzgerald, Canaccord Genuity, Citadel, eTrade/G1 are heavily shorting MAXD stock BOTH on the offer and on the bid, which by definition means they have a “speculative short selling strategy” running on MAXD. They are carrying net short positions overnight and continuing to claim the market maker’s exemption, which is in VIOLATION of the Fair Market Making Requirements of Regulation SHO. We are able to mathematically prove this because there is not enough BuyVol (buy volume) to match the amount of selling and short selling. The chart below identifies the top 5 market makers, in MAXD for May 2018 (highlighted below) accounting for 2,257,870,595 shares of trading, or 88.22% of total trading volume in May. Ape talk/Recap – There was lots and lots of short selling from many market makers. They continually claimed their exemption to naked short sell, which is a violation of regulation SHO. Better yet, they could mathematically prove it… Total Volume Name (Last Month) 643,662,180 Knight/Virtu, 154,447,100 Cantor Fitzgerald, 203,762,081 Canaccord Genuity, 769,731,954 Citadel, - These fuckers yet again 247,276,817 Trade/G1 Highlighting these Market Makers abusive activities in-concert with each other for just the one month of May, allows regulators, the SEC, FINRA, the U.S. Attorney as well as the media to easily identify the manipulative trading activity and counterfeiting of MAXD shares engaged in by their traders for the past year and well beyond. When overlaid for the entire year (back to June 1, 2017) the math is shocking. 8,117,878,650 total shares have been shorted representing in excess of 40% of MAXD’s total trading volume and it demonstrates that these market makers have knowingly participated in manipulative trading practices and counterfeiting of MAXD shares. We provide the following data in this report: DAILY TOTAL SHARES SHORTED (volume and price), which includes all shares shorted even by exempt institutions such as market makers. FAILURES TO DELIVER (naked shorts). MARKET MAKER SHARE VOLUME (exposing exactly how many shares are being traded and the name of the market making firm traded through). MARKET MAKER DATA (showing whether or not a fair market is being made in each trading day). CUMULATIVE TOTAL SHARES SHORTED data showing large short positions and the volume weighted average price that a short squeeze will start. https://preview.redd.it/xlb7iptlo1571.png?width=568&format=png&auto=webp&s=4f83254f4d02b5f4996ab05191a6937bc1cc1b73 https://preview.redd.it/kdft08vmo1571.png?width=555&format=png&auto=webp&s=ec83f53d39b609f687ef86a37103320504121f3e Recap – They proved mathematically that the game was rigged and that Kenny boy (Citadel) was the biggest culprit. The first image shows the potential squeeze value. The second image shows just how bad the market making activity was. Just look at that buy volume vs sell volume. ________________________________________________________________________________________________________________________ The final commentMAXD is making this report available to the investment world to create a substantial short squeeze opportunity with the goal to return to its shareholders the massive amount of equity stolen by unscrupulous market makers. They openly advocated for people to invest to start a short squeeze. There was no hidden riddle. It was there in black and white. TL;DR – MAX-D are a company that were being shorted into the ground. Market makers were using their liquidity exemptions to naked short, further driving the price. MAX-D brought in the experts and found the market making activity was fraudulent and in breach of Federal securities law, as it was mathematically impossible they were doing everything ‘by the book’. _______________________________________________________________________________________________________________________________ Bonus round – Citadel and the inadvertent ‘mini bomb’Let’s look at the chart. Citadel were the biggest shorts for the company? Looks like Kenny had to cover some of them other shorts positions. https://preview.redd.it/b2sv9zxto1571.png?width=672&format=png&auto=webp&s=7e5bf6e1aecffc9b61ab9dcad35a16d87246a691 |
2021.04.10 15:02 Napalm-1 Now we know how much U3O8 is left in the spot market around a 30$/lb. None for big transactions with physical delivery.
 | First, 2 important things to keep in mind: submitted by Napalm-1 to UraniumSqueeze [link] [comments] a) Only a small fraction of the total annual transaction volume of U3O8 through the spot market where and still are transactions WITH PHYSICAL DELIVERY FOR CONSUMPTION. The main part of those transactions are back and forth transactions between a couple financial players WITHOUT PHYSICAL DELIVERY FOR CONSUMPTION. So the real total volume of U3O8 delivery through the spotmarket is much smaller then the total annual transaction volume of U3O8 through the spot market !! But Yellow Cake (impacting the spotmarket indirectly through the buying of U3O8 in the spot by Kazatomprom), UEC, URC, Denison mines, EnCore Energy, Boss Resources, Peninsula Energy, Cameco, Kazatomprom, … all need PHYSICAL DELIVERY because they need those pounds! Yellow Cake, Denison mines, UEC, Boss Resources, EnCore Energy, … store those pounds in their name at Converdyn (conversion restart in 2023!), Port Hope, … and those pounds leave the spot market for good (and aren’t available for a couple back and forth transactions anymore)! Same for Peninsula Energy, Cameco, Kazatomprom, …, they buy those pounds to sell those pounds to their customer through existing long term contracts for CONSUMPTION by utilities. b) The hypothetical U3O8 reserves held by utilities, conversion facilities, … that are available for sale are not only decreasing due to consumption but also due to growing supply insecurity. Ask yourself this. I, an utility, have 6 months of U3O8 overstock. Am I going to sell those 6 months of U3O8 overstock to an other utility at 30$/lb if I am much more uncertain about future U3O8 supply and/or if I know that I will need to buy U3O8 pounds back in the future at a much higher price then 30/lb today? NO! So when those 2 factors start to kick in, the hypothetical U3O8 reserves available for sale decrease much much faster then anticipated by the market before! It acts as a self fulfilling prophecy! Second, when we look at the details of the U3O8 purchased lately we see 2 things: - they all negotiated the transaction before announcing a capital raise to fund the purchase. They wanted to be sure to be able to get the pounds before announcing capital raises. - a couple of pounds that will be delivered only by the end of the year!
2) April 1, 2021 : Denison mines: has successfully secured 2.5 million pounds of U3O8, at a weighted average price of USD$29.61 per pound U3O8. All purchases were made in the uranium spot market, with delivery dates ranging from April 2021 to October 2021 3) Uranium Energy Corp: March 15, 2021: UEC purchases 400,000 pounds of uranium concentrates at ConverDyn in Metropolis, Illinois at a volume weighted average price of $27.29 per lb. U3O8. March 17, 2021 : UEC secured 800,000 pounds of additional U.S. warehoused uranium, consisting of 500,000 pounds for April 2021 delivery and 300,000 pounds for December 2021 delivery. Including the previously announced acquisition of 400,000 pounds, UEC has now entered into contracts to purchase a total of 1,200,000 pounds of U3O8 at a volume weighted average price of $28.94 per pound. March 22, 2021 : UEC’s physical uranium initiative is fully funded with cash on hand and now includes 1.4 million pounds of U.S. warehoused uranium with 1,000,000 pounds delivered by May 2021 and another 400,000 pounds delivered by March 2022. April 6, 2021 : UEC secured an additional 705,000 pounds of U.S. warehoused uranium, with delivery dates out to December 2022. Including the previously announced contracts to acquire 1,400,000 pounds of uranium concentrates, UEC has now entered into additional purchase contracts for a total of 2,105,000 pounds of U3O8 at a volume weighted average price of ~$30 per pound. 4) Boss Resources: March 29, 2021 : Boss purchases 1.25 million pounds of uranium on the spot market at a weighted average price of US$30.15 per pound. Under the binding agreements, the Company will acquire 0.25 million pounds of uranium by the end of April 2021 and the remaining 1 million pounds by the end of June 2021. 5) URC: March 30, 2021: URC purchases 348,068 lb of U3O8 from Yellow Cake at US$28.73/ lb. Delivery is expected to take place on or around 30 April 2021. 6) enCore Energy: April 6, 2021: enCore Energy Corp purchases 200,000 pounds of uranium concentrate for a purchase price of $29.65 per pound U3O8. This spot market purchase, made in mid-March, will be delivered into the Company’s account in mid-April. 7) Peninsula Energy: April 6, 2021: Peninsula Energy Limited is pleased to announce that it has entered into multiple binding purchase agreements to procure natural uranium concentrates (“U3O8”) sufficient to meet the entirety of its calendar year 2022 committed sales of 450,000 pounds U3O8. When combined with the existing calendar year 2021 purchase agreements this secures a forecast net cash margin of US$7 million to US$8 million on uranium sales in CY2021 and US$8 million to US$9 million on uranium sales in CY2022. The forecast net cash margin is based on the difference between the fixed purchase price and the likely sales price based on customer agreements. The price to be paid under the purchase agreements is confidential but closely aligned with market reported prices of U3O8 for similar future deliveries. The agreed purchase pricing is fixed and is not subject to any form of escalation or future adjustment. Peninsula holds a portfolio of uranium concentrate sale agreements with major utilities for up to 5.45 million pounds U3O8 at average pricing of US $51 to $53 per pound with 4.1 million pounds of firmly committed sales and up to 1.35 million pounds of sales optional at the election of the customers. Managing Director / CEO, Mr Wayne Heili said, “Peninsula is the only ASX-listed junior uranium producer with sales contracts extending to 2030. The sales volumes highlight the strength of our long-term contract book and existing relationships with our tier-one customers.“ Together those companies bought approximatly 10,395,000 lb of U3O8 ! But more important here is that those 10,395,000 can’t all be delivered in April/May 2021. The delivery to Yellow Cake is spreaded over April 2021 to August 2021, the delivery to Denison mines is spreaded over April 2021 to October 2021, 300,000 pounds will only be delivered to UEC by December 2021, 400,000 pounds delivered by March 2022 and 705,000 pounds by December 2022!! Those delivery dates far in the future are telling a lot! From an uncontroled source : « It took 17 separate Spot market transactions in order for Denison to fill their recent 2.5M lbs U3O8 purchase, essentially scraping the bottom of the barrel » By consequence you also have your answer why Uranium Participation didn’t act yet. Looking at those delivery dates far in the future, you could easily conclude that Uranium Participation doesn’t find enough pounds to buy a couple million pounds for delivery in 2021. And by consequence they don’t initiated a capital raise to buy uranium in the spot, because there is none around 30$/lb. Third, the confirmation of all that by the announcement of Cameco yesterday. When we look at the Covid cases (hopkins university global Covid monitoring) and the information we get from people in Saskatchewan, it’s clear that the Covid pandemic is not under control at all there at the moment. Also yesterday: https://www.cbc.ca/news/canada/saskatoon/covid-19-saskatchewan-case-numbers-april-9-2021-1.5981989 https://preview.redd.it/u2lv536ngcs61.png?width=605&format=png&auto=webp&s=eee3907c32130b5ded0435a0e97a7ab129e23bd4 Yet, Cameco announced yesterday they will restart Cigar Lake in April 2021. https://www.cameco.com/media/news/cameco-restarting-cigar-lake-mine-in-april Why? Well, the answer is abvious now. Cameco can’t find 1,500,000 lb U3O8 a month in the spotmarket for delivery in 2021!!!! They need to restart Cigar Lake with or without Covid19 now. That’s a big change in their policy in a few months time. Producers with existing LT contracts panicking about pounds they need to fulfill their deliveries to existing customers. That’s how fragil the situation has become. And behind the curtain some utilities and fuel buyers start to panic too. Jeff Geringer confirmed for the first time « publicly » that a supply insecurity was growing for the future. This is becoming a strong seller’s market! (**) Wait until a hedge fund announces the purchase of 10 – 30 millions pounds for delivery in 2022/2023/2024 sucking all the cheap pounds of 2022, 2023 and 2024 out of the market (phase3!) The coming years (2022/2023/2024) are going to be very fun. Buy and hold. Cheers (**) What is a seller's market? A seller's market is a market condition characterized by a shortage of goods available for sale, resulting in pricing power for the seller. A seller's market is a term commonly applied to the property market when low supply meets high demand. |
2021.02.19 18:20 relias119 Congress has it wrong.
Vlad isn’t the guy you want: Why congress has it backwards
No doubt about it, we’ve all seen it by now. The hearing surprised us and all is good in the world. Vlad tenev is “the center of the situation” and he is to blame. Congress realizes this and goes after him, while acknowledging Melvin and citadel’s wrongdoings, but not going much further to question them as they did vlad. I’ll do a QnA style post. Feel free to provide some feedback.
See this post if u want to see a technical explanation of why the shorts are still in it, why congress STILL isn’t defending our interests- they’re simply trying to please the people and eliminate a competitor of theirs.
https://www.reddit.com/Wallstreetbetsnew/comments/ln6d76/melvins_sec_filing_led_me_to_the_answer_why_gme/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
“Why is robinhood good? Why should we want robinhood heavily fined, but not bankrupted?”
Robinhood is known for starting no commissions, a phenomenal UI, simplified trading, instant settlement. They have a plethora of issues. Robinhood has just refused to work numerous times on people trading, have just erased people’s accounts, locked them out for no reason for weeks on end, had shitty customer service, they give shitty fills, they collect money on options trades without telling you, they sell your order flow data to hedgies and MMs, the list goes on. Amongst this plethora of problems however, robinhood has remained as a really easy to use app, it simplifies investing and caters to the younger audience. Let me remind you that (to my knowledge) no other broker allows instant settlement for free like they do (feel free to correct me). They started the “get a free stock” thing, no commissions, a simple to use UI. At the end of the day, they were not the only ones limiting trading. They also are not the ones to blame for this situation because they didn’t put the shorts there. They didn’t notify us earlier than an hour before market open, they said it was to protect from volatility, but that isn’t what the problem is. The problem is GameStop was criminally over shorted using naked shorting (illegal) to the point that if Melvin lost on that position, the entire economy of the US could potentially suffer its consequences.
“What is this stuff about DTCC? Shouldn’t they get in trouble? Didn’t just robinhood limits influence the price?”
If you recall, all brokers did this besides the big boys (chase stayed true). This is due to how the DTCC influenced the trades- they raised capital requirements several times over in order to induce this effect. (If you’re a clearing house and have 50b in trades and your collateral requirement is 2% of all transactions, you can expect to pay around 1b. If the requirement goes to 100%, the typical 2-3b u expect is not enough for the collateral. Thus, transactions must slow down and we get buying limitations.).
And obviously, most brokers did the limitations. If the DTCC cleared all the funds at the prior collateral requirements for the clearing houses (2%), I’m sure GME would supersede $1000, the shorts would squeeze and a massive market crash would ensue. Here’s why. If Melvin can’t cover the shares, it falls on the broker’s shoulders. If they can’t afford it, the clearing house needs to cover. If the clearing house goes under, the DTCC must cover. If there are no clearing houses, the stock market would flip upside down. Clearing houses are the fundamental reason we get trades. Lehman fell and so did it’s clearing house. They were overexposed on lending futures, trillions of dollars of transactions. They went under and the whole futures market fell. Same cascade of events happened, DTCC was stuck with those back then. I’m guessing the DTCC didn’t want a repeat of that, so they did what they had to.
DTCC will not get in trouble for this. That won’t even be a topic for discussion. It’s for this reason in particular. They saved the entire stock market (and Melvin’s position) at the expense of GME holders.
“Why should the focus be on Melvin?”
The crooks here are Melvin and citadel. They used Citadel’s MM capabilities to synthetically short, as well as various short seller tactics to drive the price down (and still are). They’re the ones that did this mess, and they have done this tons of times before. They pick out companies and criminally over short them to oblivion, then get out with hundreds of percent of profit. OSTK was the most recent victim of this. CEO tries to shake them off and gets in trouble by the SEC for HIM manipulating the market, not the shorts. SEC isn’t fair, plain and simple. I have no faith in them
“Congress seemed like they actually wanna do something right for once, and it’s actually bipartisan.”
While it was fun to see them diplomatically dissect Vlad, it seems like they want to put the hammer down on him and simply fine the shorters. This is wrong. THEY are the ones who fucked up. Robinhood does do slimey shit to its users. They deserve to pay a fine. And Vlad testifying was a shit show. But we can’t let Melvin off the hook like this. Barr their business from any securities related stuff-make them turn their company into a mom and pop candy shop that never touches stocks again. Make Plotkin serve mandatory 200hrs community service as a a customer service rep at GameStop.
I am glad to see congress unified and trying to make us feel like they listen. However, by deleting robinhood for being a sly dickhead to us but letting Melvin and Citadel get away is not the way to go about it. I feel as if they concentrated too much and even said “something went wrong and you are the center of this” to Vlad. He isn’t. He is an auxiliary to the main battery, that you just brush up on for a minute and forget about.
“Will the SEC help us?”
The SEC is an organization similar to that of the ATF- they seem to be clueless in what they do and manage to fuck up but just stick to it. Except the SEC was founded by an insider and it seems like the idea of deals behind the curtains still exists.
Melvins short attack tactic with citadel isn’t a first. They’ve done this to countless little companies before and drove them to bankruptcy. Last time there was somewhat of a large institutional short interest in a company (to my knowledge) it was OSTK. The stock was getting beaten up by the same stuff. So the CEO does what a good CEO does and he tries to shake them off. Announces a [REDACTED] app and some technical ways people can convert this proprietary [REDACTED] into shares of OSTK. Some Shorts went to cover- and while he had the chance he sold his entire stake of the company before the shorts could reload after the news had passed, increasing the amount of shares float, dropping SI, and increasing the capital they’d have to spend to drive it further down. The SEC sued him for market manipulation. Ignored the short sellers completely. Gradually, the shorters gave up. The rise of [REDACTED] currency made fighting the stock an uphill battle. I they drove it from $84 to $3. Overstock since then has grown over 3,000% back up to $100.
We all know no one got in real trouble for 2008. The SEC might say they found evidence of wrongdoing but will lighten it for “market stability purposes” as if citadel can’t handle getting in trouble for their dirty workings. But the real question is, will the sec look at the data that retail has access to and publicly analyzed for them? Or will they cuck us just cause? It doesn’t take much of a financial background to find the sources of the data these people pull. Cross verify it with other sets of data and if it lines up, and the argument makes sense and has no gaping holes- it sounds like that’s how it works. And as for what I’ve seen, evidence of massive manipulation happening back in January AND STILL GOING ON is everywhere. If we close below $40 tommorow, the shorts get a major win. If we close above $40 tommorow, shorts lose. I encourage you to read the post linked above if you want to learn more about it.
If anything is certain, we’ve all learned about the market. The ins, the outs, how things work and also how crooked it really is. I’m ashamed to learn that this is how things really happen on wall st.
TLDR: congress has it backwards. Melvin and citadel should be the ones in trouble. Robinhood going down isn’t good for us. 🚀 🚀 🚀 for those bagholding
submitted by relias119 to WallStreetbetsELITE [link] [comments]
No doubt about it, we’ve all seen it by now. The hearing surprised us and all is good in the world. Vlad tenev is “the center of the situation” and he is to blame. Congress realizes this and goes after him, while acknowledging Melvin and citadel’s wrongdoings, but not going much further to question them as they did vlad. I’ll do a QnA style post. Feel free to provide some feedback.
See this post if u want to see a technical explanation of why the shorts are still in it, why congress STILL isn’t defending our interests- they’re simply trying to please the people and eliminate a competitor of theirs.
https://www.reddit.com/Wallstreetbetsnew/comments/ln6d76/melvins_sec_filing_led_me_to_the_answer_why_gme/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
“Why is robinhood good? Why should we want robinhood heavily fined, but not bankrupted?”
Robinhood is known for starting no commissions, a phenomenal UI, simplified trading, instant settlement. They have a plethora of issues. Robinhood has just refused to work numerous times on people trading, have just erased people’s accounts, locked them out for no reason for weeks on end, had shitty customer service, they give shitty fills, they collect money on options trades without telling you, they sell your order flow data to hedgies and MMs, the list goes on. Amongst this plethora of problems however, robinhood has remained as a really easy to use app, it simplifies investing and caters to the younger audience. Let me remind you that (to my knowledge) no other broker allows instant settlement for free like they do (feel free to correct me). They started the “get a free stock” thing, no commissions, a simple to use UI. At the end of the day, they were not the only ones limiting trading. They also are not the ones to blame for this situation because they didn’t put the shorts there. They didn’t notify us earlier than an hour before market open, they said it was to protect from volatility, but that isn’t what the problem is. The problem is GameStop was criminally over shorted using naked shorting (illegal) to the point that if Melvin lost on that position, the entire economy of the US could potentially suffer its consequences.
“What is this stuff about DTCC? Shouldn’t they get in trouble? Didn’t just robinhood limits influence the price?”
If you recall, all brokers did this besides the big boys (chase stayed true). This is due to how the DTCC influenced the trades- they raised capital requirements several times over in order to induce this effect. (If you’re a clearing house and have 50b in trades and your collateral requirement is 2% of all transactions, you can expect to pay around 1b. If the requirement goes to 100%, the typical 2-3b u expect is not enough for the collateral. Thus, transactions must slow down and we get buying limitations.).
And obviously, most brokers did the limitations. If the DTCC cleared all the funds at the prior collateral requirements for the clearing houses (2%), I’m sure GME would supersede $1000, the shorts would squeeze and a massive market crash would ensue. Here’s why. If Melvin can’t cover the shares, it falls on the broker’s shoulders. If they can’t afford it, the clearing house needs to cover. If the clearing house goes under, the DTCC must cover. If there are no clearing houses, the stock market would flip upside down. Clearing houses are the fundamental reason we get trades. Lehman fell and so did it’s clearing house. They were overexposed on lending futures, trillions of dollars of transactions. They went under and the whole futures market fell. Same cascade of events happened, DTCC was stuck with those back then. I’m guessing the DTCC didn’t want a repeat of that, so they did what they had to.
DTCC will not get in trouble for this. That won’t even be a topic for discussion. It’s for this reason in particular. They saved the entire stock market (and Melvin’s position) at the expense of GME holders.
“Why should the focus be on Melvin?”
The crooks here are Melvin and citadel. They used Citadel’s MM capabilities to synthetically short, as well as various short seller tactics to drive the price down (and still are). They’re the ones that did this mess, and they have done this tons of times before. They pick out companies and criminally over short them to oblivion, then get out with hundreds of percent of profit. OSTK was the most recent victim of this. CEO tries to shake them off and gets in trouble by the SEC for HIM manipulating the market, not the shorts. SEC isn’t fair, plain and simple. I have no faith in them
“Congress seemed like they actually wanna do something right for once, and it’s actually bipartisan.”
While it was fun to see them diplomatically dissect Vlad, it seems like they want to put the hammer down on him and simply fine the shorters. This is wrong. THEY are the ones who fucked up. Robinhood does do slimey shit to its users. They deserve to pay a fine. And Vlad testifying was a shit show. But we can’t let Melvin off the hook like this. Barr their business from any securities related stuff-make them turn their company into a mom and pop candy shop that never touches stocks again. Make Plotkin serve mandatory 200hrs community service as a a customer service rep at GameStop.
I am glad to see congress unified and trying to make us feel like they listen. However, by deleting robinhood for being a sly dickhead to us but letting Melvin and Citadel get away is not the way to go about it. I feel as if they concentrated too much and even said “something went wrong and you are the center of this” to Vlad. He isn’t. He is an auxiliary to the main battery, that you just brush up on for a minute and forget about.
“Will the SEC help us?”
The SEC is an organization similar to that of the ATF- they seem to be clueless in what they do and manage to fuck up but just stick to it. Except the SEC was founded by an insider and it seems like the idea of deals behind the curtains still exists.
Melvins short attack tactic with citadel isn’t a first. They’ve done this to countless little companies before and drove them to bankruptcy. Last time there was somewhat of a large institutional short interest in a company (to my knowledge) it was OSTK. The stock was getting beaten up by the same stuff. So the CEO does what a good CEO does and he tries to shake them off. Announces a [REDACTED] app and some technical ways people can convert this proprietary [REDACTED] into shares of OSTK. Some Shorts went to cover- and while he had the chance he sold his entire stake of the company before the shorts could reload after the news had passed, increasing the amount of shares float, dropping SI, and increasing the capital they’d have to spend to drive it further down. The SEC sued him for market manipulation. Ignored the short sellers completely. Gradually, the shorters gave up. The rise of [REDACTED] currency made fighting the stock an uphill battle. I they drove it from $84 to $3. Overstock since then has grown over 3,000% back up to $100.
We all know no one got in real trouble for 2008. The SEC might say they found evidence of wrongdoing but will lighten it for “market stability purposes” as if citadel can’t handle getting in trouble for their dirty workings. But the real question is, will the sec look at the data that retail has access to and publicly analyzed for them? Or will they cuck us just cause? It doesn’t take much of a financial background to find the sources of the data these people pull. Cross verify it with other sets of data and if it lines up, and the argument makes sense and has no gaping holes- it sounds like that’s how it works. And as for what I’ve seen, evidence of massive manipulation happening back in January AND STILL GOING ON is everywhere. If we close below $40 tommorow, the shorts get a major win. If we close above $40 tommorow, shorts lose. I encourage you to read the post linked above if you want to learn more about it.
If anything is certain, we’ve all learned about the market. The ins, the outs, how things work and also how crooked it really is. I’m ashamed to learn that this is how things really happen on wall st.
TLDR: congress has it backwards. Melvin and citadel should be the ones in trouble. Robinhood going down isn’t good for us. 🚀 🚀 🚀 for those bagholding
2021.02.19 18:19 relias119 Why congress has it backwards
Vlad isn’t the guy you want: Why congress has it backwards
No doubt about it, we’ve all seen it by now. The hearing surprised us and all is good in the world. Vlad tenev is “the center of the situation” and he is to blame. Congress realizes this and goes after him, while acknowledging Melvin and citadel’s wrongdoings, but not going much further to question them as they did vlad. I’ll do a QnA style post. Feel free to provide some feedback.
See this post if u want to see a technical explanation of why the shorts are still in it, why congress STILL isn’t defending our interests- they’re simply trying to please the people and eliminate a competitor of theirs.
https://www.reddit.com/Wallstreetbetsnew/comments/ln6d76/melvins_sec_filing_led_me_to_the_answer_why_gme/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
“Why is robinhood good? Why should we want robinhood heavily fined, but not bankrupted?”
Robinhood is known for starting no commissions, a phenomenal UI, simplified trading, instant settlement. They have a plethora of issues. Robinhood has just refused to work numerous times on people trading, have just erased people’s accounts, locked them out for no reason for weeks on end, had shitty customer service, they give shitty fills, they collect money on options trades without telling you, they sell your order flow data to hedgies and MMs, the list goes on. Amongst this plethora of problems however, robinhood has remained as a really easy to use app, it simplifies investing and caters to the younger audience. Let me remind you that (to my knowledge) no other broker allows instant settlement for free like they do (feel free to correct me). They started the “get a free stock” thing, no commissions, a simple to use UI. At the end of the day, they were not the only ones limiting trading. They also are not the ones to blame for this situation because they didn’t put the shorts there. They didn’t notify us earlier than an hour before market open, they said it was to protect from volatility, but that isn’t what the problem is. The problem is GameStop was criminally over shorted using naked shorting (illegal) to the point that if Melvin lost on that position, the entire economy of the US could potentially suffer its consequences.
“What is this stuff about DTCC? Shouldn’t they get in trouble? Didn’t just robinhood limits influence the price?”
If you recall, all brokers did this besides the big boys (chase stayed true). This is due to how the DTCC influenced the trades- they raised capital requirements several times over in order to induce this effect. (If you’re a clearing house and have 50b in trades and your collateral requirement is 2% of all transactions, you can expect to pay around 1b. If the requirement goes to 100%, the typical 2-3b u expect is not enough for the collateral. Thus, transactions must slow down and we get buying limitations.).
And obviously, most brokers did the limitations. If the DTCC cleared all the funds at the prior collateral requirements for the clearing houses (2%), I’m sure GME would supersede $1000, the shorts would squeeze and a massive market crash would ensue. Here’s why. If Melvin can’t cover the shares, it falls on the broker’s shoulders. If they can’t afford it, the clearing house needs to cover. If the clearing house goes under, the DTCC must cover. If there are no clearing houses, the stock market would flip upside down. Clearing houses are the fundamental reason we get trades. Lehman fell and so did it’s clearing house. They were overexposed on lending futures, trillions of dollars of transactions. They went under and the whole futures market fell. Same cascade of events happened, DTCC was stuck with those back then. I’m guessing the DTCC didn’t want a repeat of that, so they did what they had to.
DTCC will not get in trouble for this. That won’t even be a topic for discussion. It’s for this reason in particular. They saved the entire stock market (and Melvin’s position) at the expense of GME holders.
“Why should the focus be on Melvin?”
The crooks here are Melvin and citadel. They used Citadel’s MM capabilities to synthetically short, as well as various short seller tactics to drive the price down (and still are). They’re the ones that did this mess, and they have done this tons of times before. They pick out companies and criminally over short them to oblivion, then get out with hundreds of percent of profit. OSTK was the most recent victim of this. CEO tries to shake them off and gets in trouble by the SEC for HIM manipulating the market, not the shorts. SEC isn’t fair, plain and simple. I have no faith in them
“Congress seemed like they actually wanna do something right for once, and it’s actually bipartisan.”
While it was fun to see them diplomatically dissect Vlad, it seems like they want to put the hammer down on him and simply fine the shorters. This is wrong. THEY are the ones who fucked up. Robinhood does do slimey shit to its users. They deserve to pay a fine. And Vlad testifying was a shit show. But we can’t let Melvin off the hook like this. Barr their business from any securities related stuff-make them turn their company into a mom and pop candy shop that never touches stocks again. Make Plotkin serve mandatory 200hrs community service as a a customer service rep at GameStop.
I am glad to see congress unified and trying to make us feel like they listen. However, by deleting robinhood for being a sly dickhead to us but letting Melvin and Citadel get away is not the way to go about it. I feel as if they concentrated too much and even said “something went wrong and you are the center of this” to Vlad. He isn’t. He is an auxiliary to the main battery, that you just brush up on for a minute and forget about.
“Will the SEC help us?”
The SEC is an organization similar to that of the ATF- they seem to be clueless in what they do and manage to fuck up but just stick to it. Except the SEC was founded by an insider and it seems like the idea of deals behind the curtains still exists.
Melvins short attack tactic with citadel isn’t a first. They’ve done this to countless little companies before and drove them to bankruptcy. Last time there was somewhat of a large institutional short interest in a company (to my knowledge) it was OSTK. The stock was getting beaten up by the same stuff. So the CEO does what a good CEO does and he tries to shake them off. Announces a [REDACTED] app and some technical ways people can convert this proprietary [REDACTED] into shares of OSTK. Some Shorts went to cover- and while he had the chance he sold his entire stake of the company before the shorts could reload after the news had passed, increasing the amount of shares float, dropping SI, and increasing the capital they’d have to spend to drive it further down. The SEC sued him for market manipulation. Ignored the short sellers completely. Gradually, the shorters gave up. The rise of [REDACTED] currency made fighting the stock an uphill battle. I they drove it from $84 to $3. Overstock since then has grown over 3,000% back up to $100.
We all know no one got in real trouble for 2008. The SEC might say they found evidence of wrongdoing but will lighten it for “market stability purposes” as if citadel can’t handle getting in trouble for their dirty workings. But the real question is, will the sec look at the data that retail has access to and publicly analyzed for them? Or will they cuck us just cause? It doesn’t take much of a financial background to find the sources of the data these people pull. Cross verify it with other sets of data and if it lines up, and the argument makes sense and has no gaping holes- it sounds like that’s how it works. And as for what I’ve seen, evidence of massive manipulation happening back in January AND STILL GOING ON is everywhere. If we close below $40 tommorow, the shorts get a major win. If we close above $40 tommorow, shorts lose. I encourage you to read the post linked above if you want to learn more about it.
If anything is certain, we’ve all learned about the market. The ins, the outs, how things work and also how crooked it really is. I’m ashamed to learn that this is how things really happen on wall st.
TLDR: congress has it backwards. Melvin and citadel should be the ones in trouble. Robinhood going down isn’t good for us. 🚀 🚀 🚀 for those bagholding
submitted by relias119 to smallstreetbets [link] [comments]
No doubt about it, we’ve all seen it by now. The hearing surprised us and all is good in the world. Vlad tenev is “the center of the situation” and he is to blame. Congress realizes this and goes after him, while acknowledging Melvin and citadel’s wrongdoings, but not going much further to question them as they did vlad. I’ll do a QnA style post. Feel free to provide some feedback.
See this post if u want to see a technical explanation of why the shorts are still in it, why congress STILL isn’t defending our interests- they’re simply trying to please the people and eliminate a competitor of theirs.
https://www.reddit.com/Wallstreetbetsnew/comments/ln6d76/melvins_sec_filing_led_me_to_the_answer_why_gme/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
“Why is robinhood good? Why should we want robinhood heavily fined, but not bankrupted?”
Robinhood is known for starting no commissions, a phenomenal UI, simplified trading, instant settlement. They have a plethora of issues. Robinhood has just refused to work numerous times on people trading, have just erased people’s accounts, locked them out for no reason for weeks on end, had shitty customer service, they give shitty fills, they collect money on options trades without telling you, they sell your order flow data to hedgies and MMs, the list goes on. Amongst this plethora of problems however, robinhood has remained as a really easy to use app, it simplifies investing and caters to the younger audience. Let me remind you that (to my knowledge) no other broker allows instant settlement for free like they do (feel free to correct me). They started the “get a free stock” thing, no commissions, a simple to use UI. At the end of the day, they were not the only ones limiting trading. They also are not the ones to blame for this situation because they didn’t put the shorts there. They didn’t notify us earlier than an hour before market open, they said it was to protect from volatility, but that isn’t what the problem is. The problem is GameStop was criminally over shorted using naked shorting (illegal) to the point that if Melvin lost on that position, the entire economy of the US could potentially suffer its consequences.
“What is this stuff about DTCC? Shouldn’t they get in trouble? Didn’t just robinhood limits influence the price?”
If you recall, all brokers did this besides the big boys (chase stayed true). This is due to how the DTCC influenced the trades- they raised capital requirements several times over in order to induce this effect. (If you’re a clearing house and have 50b in trades and your collateral requirement is 2% of all transactions, you can expect to pay around 1b. If the requirement goes to 100%, the typical 2-3b u expect is not enough for the collateral. Thus, transactions must slow down and we get buying limitations.).
And obviously, most brokers did the limitations. If the DTCC cleared all the funds at the prior collateral requirements for the clearing houses (2%), I’m sure GME would supersede $1000, the shorts would squeeze and a massive market crash would ensue. Here’s why. If Melvin can’t cover the shares, it falls on the broker’s shoulders. If they can’t afford it, the clearing house needs to cover. If the clearing house goes under, the DTCC must cover. If there are no clearing houses, the stock market would flip upside down. Clearing houses are the fundamental reason we get trades. Lehman fell and so did it’s clearing house. They were overexposed on lending futures, trillions of dollars of transactions. They went under and the whole futures market fell. Same cascade of events happened, DTCC was stuck with those back then. I’m guessing the DTCC didn’t want a repeat of that, so they did what they had to.
DTCC will not get in trouble for this. That won’t even be a topic for discussion. It’s for this reason in particular. They saved the entire stock market (and Melvin’s position) at the expense of GME holders.
“Why should the focus be on Melvin?”
The crooks here are Melvin and citadel. They used Citadel’s MM capabilities to synthetically short, as well as various short seller tactics to drive the price down (and still are). They’re the ones that did this mess, and they have done this tons of times before. They pick out companies and criminally over short them to oblivion, then get out with hundreds of percent of profit. OSTK was the most recent victim of this. CEO tries to shake them off and gets in trouble by the SEC for HIM manipulating the market, not the shorts. SEC isn’t fair, plain and simple. I have no faith in them
“Congress seemed like they actually wanna do something right for once, and it’s actually bipartisan.”
While it was fun to see them diplomatically dissect Vlad, it seems like they want to put the hammer down on him and simply fine the shorters. This is wrong. THEY are the ones who fucked up. Robinhood does do slimey shit to its users. They deserve to pay a fine. And Vlad testifying was a shit show. But we can’t let Melvin off the hook like this. Barr their business from any securities related stuff-make them turn their company into a mom and pop candy shop that never touches stocks again. Make Plotkin serve mandatory 200hrs community service as a a customer service rep at GameStop.
I am glad to see congress unified and trying to make us feel like they listen. However, by deleting robinhood for being a sly dickhead to us but letting Melvin and Citadel get away is not the way to go about it. I feel as if they concentrated too much and even said “something went wrong and you are the center of this” to Vlad. He isn’t. He is an auxiliary to the main battery, that you just brush up on for a minute and forget about.
“Will the SEC help us?”
The SEC is an organization similar to that of the ATF- they seem to be clueless in what they do and manage to fuck up but just stick to it. Except the SEC was founded by an insider and it seems like the idea of deals behind the curtains still exists.
Melvins short attack tactic with citadel isn’t a first. They’ve done this to countless little companies before and drove them to bankruptcy. Last time there was somewhat of a large institutional short interest in a company (to my knowledge) it was OSTK. The stock was getting beaten up by the same stuff. So the CEO does what a good CEO does and he tries to shake them off. Announces a [REDACTED] app and some technical ways people can convert this proprietary [REDACTED] into shares of OSTK. Some Shorts went to cover- and while he had the chance he sold his entire stake of the company before the shorts could reload after the news had passed, increasing the amount of shares float, dropping SI, and increasing the capital they’d have to spend to drive it further down. The SEC sued him for market manipulation. Ignored the short sellers completely. Gradually, the shorters gave up. The rise of [REDACTED] currency made fighting the stock an uphill battle. I they drove it from $84 to $3. Overstock since then has grown over 3,000% back up to $100.
We all know no one got in real trouble for 2008. The SEC might say they found evidence of wrongdoing but will lighten it for “market stability purposes” as if citadel can’t handle getting in trouble for their dirty workings. But the real question is, will the sec look at the data that retail has access to and publicly analyzed for them? Or will they cuck us just cause? It doesn’t take much of a financial background to find the sources of the data these people pull. Cross verify it with other sets of data and if it lines up, and the argument makes sense and has no gaping holes- it sounds like that’s how it works. And as for what I’ve seen, evidence of massive manipulation happening back in January AND STILL GOING ON is everywhere. If we close below $40 tommorow, the shorts get a major win. If we close above $40 tommorow, shorts lose. I encourage you to read the post linked above if you want to learn more about it.
If anything is certain, we’ve all learned about the market. The ins, the outs, how things work and also how crooked it really is. I’m ashamed to learn that this is how things really happen on wall st.
TLDR: congress has it backwards. Melvin and citadel should be the ones in trouble. Robinhood going down isn’t good for us. 🚀 🚀 🚀 for those bagholding