Lurker > Sackgurl

the other half of 'pump' is 'dump'

remember that folks: the people pumping these shit investments are looking to get you in on it so they can fuck you over

as true of hedge funds as your buddy on wallstreetbets.

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cuttin_in_farm posted...

Just look at the recent GME fiasco. If you didnt actually have a sizable amount of money, you couldnt really profit that much even if you caught on early.

the appropriate response to the GME fiasco was to let the people setting their money on fire to burn hedge funds do so and not join in.

the volatility there is extreme. you can't look at a one day return and say "what a great idea!" because you're never going to have good timing.

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Balrog0 posted...

But morally it seems totally justifiable to want some recompensation for people who paid their loans off already

my loans are paid off and i'm okay with not getting anything

i don't need help

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Tyranthraxus posted...

Melvin has already lost billions. They are f***ed and they know it. They are already crying for bail outs.

melvin capital closed its short position on tuesday

its total managed assets are worth 12b which is more than GME's market cap was on tuesday, so maybe don't get ahead of yourself

any of the firms who are relying on selling calls are definitely screwed, but anyone who sells calls and isn't hardwired to the NYSE (and i mean that literally) deserves to get screwed

the people pushing this have no concept of how leveraged the average equity is.

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devilminion posted...

This imgur thread explains it better than I could;

this thread is full of shit

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people think they 'got' the investment houses who are paying <3% interest to hold shorts until irrational exuberance ends and panic selling begins

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Gafemage posted...

As a result of the belief among the pro investor crowd that GameStop was, essentially, doomed, they began shorting the stock -- essentially betting on it to fail. This happens all the time to a variety of stocks with very little fanfare. It is the way of the modern stock market.

that wasn't why they were shorting it, they were shorting it because its own earnings reports gave guidance that they would continue to lose money

the market can remain irrational longer than you can remain solvent

but the 'you' here doesn't refer to investment banks it refers to retail

financial paper costs are still low as hell so the cost for shorts to simply wait it out is trivial. the only professional investors actually at risk are the ones selling calls and their trading window tends to be fractions of a second

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Demon1050 posted...

The problem is if we bump it to 15 is the price of everything going to double from hyper-inflation?

no, because inflation is a result of changes to the money supply and lending from central banks--not to the cost of labor. so now you can rest easy because someone told you that the answer to your question was no! what's that, you're still worried, because someone else told you the answer to your question was yes?

anyone who tries to tell you that raising the minimum wage definitively causes inflation is lying.

someone else gaining wealth is not devaluing your own because in the modern market economy, someone else is always gaining wealth faster than you, and either in (population) numbers or wealth quantity great enough to be of equal comparative consequence. as i can tell you've already stopped reading my post i'll just quickly note that that consequence value is zero.

and since folks are posting random youtube nonsense i'll just go ahead and post sourced research from the bureau of labor which none of you will read except balrog0 because he probably has to cite it for his job already anyway.

inflation is cyclical and tends not to link up very well with the growth of labor costs. the reason for this is that most shit you're buying is not tied to the cost of domestic labor, but of global labor. US companies' costs might be labor-driven, but US companies sell their products around the globe.

https://www.bls.gov/opub/mlr/cwc/the-relationship-between-labor-costs-and-inflation-a-cyclical-viewpoint.pdf

the folks who are concerned about unemployment rates have a better argument, but one would think they'd have been saying in the pre-covid era--when it was at an all time low--"hey, this would be a great time to raise the minimum wage!" and yet, when we had those conditions, crickets. as we recover from COVID we will bounce back and see unemployment numbers again drop to low levels. and it is for that environment that folks pushing for higher minimum wages are preparing.

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NatsuSama posted...

You phrase that if its a good thing....
I'm sure 1000s making 8 to 15 will be enthused their rate is now the same as people who were making less. Or that their rates won't be raising proportional to those making $7.

People may not want to hear this, but not everyone who is already making 8+ is rolling around in money either and get completely fucked over in this.

You have some here who indirectly lump someone already making 8 or whatever struggle middle class hourly wages (which yes be already 15+) as well, to the salaries of Bezos or Bill Gates.

Anyone making any amount over minimum wage up to struggling middle class gets fucked over. Including those in the 8 to 15 range. They were making over min wage, and now they're not in this min wage increase. And I'm sure they worked hard to get pass the min.

itp: "it's not about whether i make more, it's about whether someone else makes less than me so i know that i'm better than they are"


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the flu is not nearly as virulent as covid

the measures we are using to keep it from completely overwhelming our hospitals are enough to obliterate the spread of influenza completely

these two viruses do not have equal R0

if you don't understand what R0 is, you are on mount stupid

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interesting how prismsblade seized on the article's passing mention that the lockout of this thousand bed hospital was noticed by the doctor arriving to open their daily clinic to pretend that the entire hospital was just a clinic


somehow i dont think people passing by this facility see the sign advertising the clinic that forms a tiny piece of their total operations and assume that is the purpose for the entire building


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Broseph_Stalin posted...

Call me crazy

ok you're crazy

i do agree with you though that dems will force through covid relief, bc they have 50 seats so theyll just skullfuck the senate rules like republicans did for four years

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SquirtleSkwad posted...

We'll be back to normality soon.

not until all nazis are dead

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doomcrusader posted...

No reason to increase federal minimum wage. Let the states decide, or better yet, on the town/county level. The economies of this country are too diverse to make such sweeping changes.

I wouldn't argue against increased benefits for full time workers, however. That's where we really fall behind among developed countries.

only if we ban gerrymandering nationally

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FantasticAssGas posted...

Time to consider getting something as cheap as possible instead of the latest models...

if you mean the <$1000 beaters listed on craigslist, that's a risk level that's just far too high for someone with children to take

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SK8T3R215 posted...

lmfao at this DDIQ post

no he has a good point actually, and i think the important thing to remember here is that index fund companies like vanguard and state street have massive influence over boardroom decisions, which they tend to strictly make in support of maximizing profit for shareholders

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MI4 REAL posted...

Umm...business LOST money due to the pandemic.
And they still could remodel?

you realize that remodeling was necessary to stay open at all right

capital expenditure isn't a sign of having tons of cash to spare for permanent long term cost increases, but rather some cash set aside for unexpected costs

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FantasticAssGas posted...

There's a lot more non-necessities you can buy today though.

That needs to be taken into account.

no it doesn't. necessities, however, do, and they cost more, not less.

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philsov posted...

Chapter 1 they're pretty much aligned
Chapter 2, they're both protecting Ovelia and don't want anyone else to be "another Teta"
Chapter 3 Ramza is trying to make the Hotuken back down (just like Delita)
Chapter 4 they're both gonna save the goddamn world

chapter 1 was before the murder that divided them, but it's clear in chapter 2 that delita uses ovelia as a pawn, and in chapter 3 he's trying to cause the war not stop it. chapter 4 he's consolidating power in the wake of ramza's destruction of his enemies.

ramza's story is one of self sacrifice for what is right. delita's is one of doing whatever is necessary to ensure personal advancement. that 'whatever is necessary' frequently involved assisting ramza had more to do with the fact that ramza was so good at killing the people delita needed to kill than any shared vision or goals.

they were absolutely rivals--much of the story was ramza fighting delita's masters openly while delita served them openly (and plotted their downfall in secret). had stopping altima not resulted in the cataclysmic ending that it did, i cannot imagine ramza simply standing by and allowing delita to marry ovelia, clearly against her will.

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philsov posted...

As I see it, they have the same goals more often than they don't.

how so?

i agree that they're foils to one another, though.

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CouldBeAnAlt posted...

Are delita and ramza even rivals?

they're childhood friends from deeply different backgrounds, who viewed one another as brothers in naive ignorance of their world--friends whose love for one another was shattered by the world they live in, and whose responses to emotional tragedy were polar opposites not due to some character flaw but circumstances neither ever could control

ultimately landing them on opposite sides of a conflict way bigger than either of them for completely understandable reasons

yes they're rivals, and delita is probably the most sympathetic villain in the series

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well when you have cancer the first step of treatment is surgical excision with wide margins

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David1988 posted...

Its not a free speech issue unless Uganda actually has laws protecting free speech

they do. it's called a 'constitution'

https://ulii.org/ug/legislation/consolidated-act/0

29. Protection of freedom of conscience, expression, movement, religion, assembly and association.
(1) Every person shall have the right to
(a) freedom of speech and expression which shall include freedom of the press and other media;

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i wonder why op quoted the section he did from the article and not this part

Over the years, the wage level has been lifted to reflect inflation and the rising cost of living. But successive congresses had differing ideas about what a minimum wage should do. Inaction led to the minimum wage often failing to keep pace with inflation, as shown below.

jk i dont wonder

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SPE posted...

officially. But polls are s***.

the armed forces, police and armed forces were infiltrated by supremacist groups long ago.

there really isn't the same evidence for the military as for the police

we train our military to be loyal to their commanding officers. the joint chiefs are not with trump and they are certainly not with random state governments fomenting insurrection

the training is thorough

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SPE posted...

based on the thinking shown at the capitol attack, those bases could maybe stay with them, there are many MAGA types in the armed forces.

trump's support among the troops is 37%

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i'd be satisfied with them having the balls to undo half of what trump did

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there isn't one because women mostly want to leave men alone and be left alone by them

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do these state governments actually think they get to keep the military bases we have there

do they not realize those bases are what would be used to reconquer them

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Sewage posted...

all anyone has done is dig their own grave between now and then.

and it's our job to see them to it

if they don't leave within one minute of the inauguration i favor treating the current admin as a foreign military force occupying the white house.

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those of you curious about his criminal history should ask him about it next time he posts here

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treewojima posted...

whoa, what

I know about the rest of your post, but what

just to be clear you're not confused about the nazi part are you?

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didnt trump say that we should kill the families of terrorists?

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the asian nazi going to jail for raping a child soon who harasses this forum regularly with propaganda

best known for the time he pretended to be a lawyer by posting his sister's pay stubs

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TheHoldSteady posted...

I really don't understand anything that's in conservatism for women other than attention from being a conservative woman

money

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where's the police brutality

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What about the thousands of Americans who have been banned and are never heard from again?

unfortunately we can't rip out their voice boxes after we ban them from twitter

Dreepapult posted...

She's kinda hot

Like also crazy. But kinda hot

she's a nazi

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muchdran posted...

Like, uh. Is there an actual investigation?

yes

some nazis gonna get sent to prison

maybe that's how we'll be rid of you

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Returning_CEmen posted...

Wow, it didnt occur to me that that was the first time a confederate flag made it to the Nations Capital. Thats fucking shameful.

we really got it wrong with reconstruction, the correct solution was redestruction

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will he be the first president to be publicly murdered in front of a thousand people with no one able to describe the assailant afterward the second he's out of office?

i'm just asking questions

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i hope he resists arrest

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Tyranthraxus posted...

Very glad that AOC is doing well. I have my own theories about what happened / where she was but I don't think speculation helps anyone in this incident. I hope Merrick Garland throws the book at the a******s in Congress responsible for this.

the nazis are gonna try again

*I* hope the joint chiefs roll a tank in next time

only one kind of good nazi

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patty was probably one of the nazis who tried to take the capital


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V-E-G-Y- posted...

Ppl are mad at vegy but not at dem traitors wtf

those at the bottom of this organized coup should be imprisoned for the rest of their natural lives

those at the top should be executed five minutes before we end the death penalty, and their injections should be livestreamed

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"Who is the freshman rep that is betraying everyone's trust and leaking our group chat to the press?" Greene said to Axios.

note to self, don't brake if i see greene crossing the road in dc

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