Indeed. WSJ: > Melvin Capital Management, which managed $12.5 billion at the start of the year, had lost nearly 30% for the year through Friday due largely to its array of bets against companies including GameStop, said…
Retail is 25% of the market these days. Google it.
> Still don’t get how this mess is going to get cleaned up since it’s impossible for the shorts to cover. A deep pocketed long term large fund can buy the short position at a discount, a bit like distressed debt, and…
Some say that would be illegal, since GME knows these prices are wrong, and thus they would be guilty of fleecing whomever buys them. But supposedly they could make the investors sign a waiver that they acknowledge this?
A nice mind-blowing true exemple I've read is you buy gas futures (cheap), you sell electricity futures (expensive) and you use the profit to build a power plant which turns gas into electricity.
r/WSB likes to rephrase this as "we can remain retarded longer that they can remain solvent"
So, do people still think Efficient Market Hypothesis is a thing? If this doesn't prove that the stock market is just a video game, which decoupled from economic reality a long time ago... We've now entered the age of…
I've used pretty much all GUI frameworks - raw Win32, MFC, WinForms, wxWindows, Qt, WPF, native Android and iPhone. HTML/CSS is vastly more powerful and productive, especially when using something like React/Vue. It's…
Indeed. WSJ: > Melvin Capital Management, which managed $12.5 billion at the start of the year, had lost nearly 30% for the year through Friday due largely to its array of bets against companies including GameStop, said…
Retail is 25% of the market these days. Google it.
> Still don’t get how this mess is going to get cleaned up since it’s impossible for the shorts to cover. A deep pocketed long term large fund can buy the short position at a discount, a bit like distressed debt, and…
Some say that would be illegal, since GME knows these prices are wrong, and thus they would be guilty of fleecing whomever buys them. But supposedly they could make the investors sign a waiver that they acknowledge this?
A nice mind-blowing true exemple I've read is you buy gas futures (cheap), you sell electricity futures (expensive) and you use the profit to build a power plant which turns gas into electricity.
r/WSB likes to rephrase this as "we can remain retarded longer that they can remain solvent"
So, do people still think Efficient Market Hypothesis is a thing? If this doesn't prove that the stock market is just a video game, which decoupled from economic reality a long time ago... We've now entered the age of…
I've used pretty much all GUI frameworks - raw Win32, MFC, WinForms, wxWindows, Qt, WPF, native Android and iPhone. HTML/CSS is vastly more powerful and productive, especially when using something like React/Vue. It's…