Lurker > Kuuko

LurkerFAQs, Active Database ( 12.01.2023-present ), DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
Board List
Page List: 1, 2
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/14/24 5:30:19 PM
#122
WingsOfGood posted...
It does everyday in the stock market. No one cared to halt enzc when a bunch of people kept saying it was going to run. People on this board lost money on that. Where was all the hub bub then?

You just want to treat GME differently as do these other guys like Jim Kramer.

The only real difference in GME than these other stocks is GME actually had a real short squeeze and it was due to government negligence as in the SEC did nothing when Melvin broke the law in overshorting.
There's no law in shorting anything. Melvin got rightfully fucked by overexposing themselves. You still seem to be under the ape spell that shorting is an inherently evil practice, because that is a necessary truth for the rest of the mythos to add up and for apes to be good guys fighting the evil bad guys. It's not evil, it's just a quirky way Melvin was gambling on the stock prices of failing companies.

I don't know anything about ENZC but it looks like some shit penny stock. What was the issue with it? People here dreamt it would turn into a non-shit penny stock and got burned when it remained a penny stock? If it's part of the meme basket then it's tiny enough I never see it mentioned anywhere so I don't know more about it.

To your point, Gamestop isn't the only stock- AMC and Bed Bath & Beyond were the other major ones, as you may know. And they did also similarly have trading halted due to the massive volume generated by apes. No one even got punished for fucking over the regular investors who invested in these stocks, including Gill, so I don't know why we're complaining about it now anyway. All the BBBY dorks are utterly fucked. Anyone who bought into AMC from 2021 is utterly fucked even with the current mania. Some GME apes might have broken even at the moment if they didn't buy at the top, but at the bottom after the mania, and then take profits now. They'll likely also be utterly fucked in the near future when this current run-up ends.

IMO it is pretty fucked up what the cult leaders are doing to regular people with the conspiracies and grand delusions of how everyone here will be a billionaire. I think Gill had plausible deniability in 2021 that he had no idea what it would turn into, but now his plausible deniability is a little more stretched. Like if it turns out he bought gamestop last week, then goes on his twitter this week posting all the movie gifs that are definitely not related to meme stocks and apes wink wink, and sells after the stock pumps, that would be fraudulent. Like I said before, hopefully he's just doing this now for attention though, and not just to profit off of stupid redditors.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/14/24 4:54:41 PM
#118
WingsOfGood posted...
Now why would they even care if a bunch of self identified "idiots" lose money?
Because, for good or for bad, the government tries not to let fraudulent actors scam innocent people out of their money. Even if they're idiots, and deluded enough to insist that they're not getting scammed.

Gamestop right now is like one of those romance scammers targeting old people. Where they butter you up, promise you they're in love, promise you you'll get married, and promise you you're making tons of money on a weird crypto website link they sent you. Everything is perfect on the inside. On the outside, all of your friends and family are telling you you're throwing money away and this isn't real. If you reject that evidence then your life is good. Gamestop apes unfortunately had to internally reckon with the fact that the price wasn't shooting up to infinity, and had to think of reasons why the lie was still true. It's like the romance scammer blocking their target. Apes were losing hope. Stock was plummeting with no demand and the slow realization that maybe they just invested in a dying retail company. Now in 2024, with Keith Gill's tweet, it's like the romance scammer from a few years ago just hit you up again and was like "hey, yeah I'm still in love with you. you'll still get rich. it was all real now send me more money" and the apes just dumped more money into the stock with renewed hope and delusion.

Real people get burnt at the end of the day when the conspiracy turns out not to be true and they threw their money in for nothing. Look at the Bed Bath and Beyond apes for example, who held their meme stock all the way into bankruptcy, and so sadly won't even see the current meme stock bump affect them.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/14/24 3:52:02 PM
#116
Sad_Face posted...
How are you calling this a conspiracy? They were losing money and I explained the dynamics of what made the price skyrocket and the motive to stop the GME trading.
The dynamics of the price skyrocketing is mostly because redditors convinced each other to buy it, according to the SEC's research. The same is true now. Unless you think the SEC is part of the conspiracy too and they're covering it up with that explanation.

Sad_Face posted...
Who do you think owned the majority of GME shorts? If you're a hedgefund, why would you try and shoot others in the back and back the GME holders? 75% of the hedgefunds' ability to make money is the connections and access to insider information.
Melvin Capital and a few other funds shorted GME. Why would a hedge fund trade against a different hedge fund? Because that's what they do every day? 80% of stock market trade are institutional investors trading against each other. They're not all teaming up - it's the exact opposite. Professional traders are constantly trying to one up every other professional trader. Except apparently when redditors are buying gamestop - then they set aside their differences at all costs to make sure redditors don't take over the world.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/14/24 1:51:06 PM
#111
Sad_Face posted...
Dude, Robinhood halting GME trades is a textbook example of the system being rigged against the common man. They did it back in 2021 and they're doing again. Hell, GME was identified as a stock to buy up to cause a liquidity squeeze in the first place because it had more shorts than shares that existed. How is that even possible?

I don't understand how people can be so blind to obvious rigging.
Robinhood was grilled in front of Congress because of that exact accusation. The conspiracy is that the hedge funds demanded Robinhood turn off the buy button because the redditors were about to blow up the world economy and make all hedge funds bankrupt. The reality is more boring. Robinhood is a highly incompetent tech startup and deliberately advertised as the platform for the casual investors who had no idea what they were doing. So naturally the majority of apes were Robinhood users. The SEC's investigation found that Robinhood and others couldn't handle the massive amount of volatility and liquidity needed, on top of being overwhelmed by the massive number of new accounts flooding in. No one should be, or ever should have, used Robinhood anyway since they've proven their incompetence in a number of other unrelated episodes anyway. So it's weird apes latched on to the idea that they're part of the global conspiracy, more than the idea that they just proved their incompetence once again.

Anyway, that point had nothing to do with why other hedge funds don't just use infinity pool theory to take over the world. Why don't they just turn off everyone's buy buttons whenever they want? Other hedge fund buys position counter to yours? Just tell Fidelity and Schwab to turn off the buy button for the other hedge fund. Unless they're always colluding on every transaction ever. But bajillions are at stake here, and all they need to do is buy gamestop. Surely one hedge fund could break the secret agreement they all have to get infinity dollars. No no, only apes are smart enough to execute this trick.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/14/24 1:24:40 PM
#106
Yes, I know Citadel bailed out Melvin and it made them the ultimate enemy of apes - the true mastermind behind all the ills of the world.

Some investment firms probably are riding the apes idiocy in driving the price up, dipping in and out as whenever the apes convince each other to start a big rally. But for some weird reason no hedge fund seems to be trying to do the "MOASS" ultimate squeeze on Citadel once and for all collapsing the economy and making them the new overlords of the world. If they are secretly planning to do it then they're really good at hiding it. But as I said before, the SEC's findings are that the lion's share of gamestop's wild swings are massive numbers of retail investors tossing in tons of money. Not other hedge funds.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/14/24 12:41:20 PM
#103
Rai_Jin posted...
I think most of them know they're not getting millions for one share, but the goal is approaching there and see what happens.

and yes it is easy to just direct register shares, just nobody who is not involved knows or cares about it. Likely including Russia, if it is true that Putin doesn't even use the internet and has someone else look for him instead.

the hedge funds definitely don't want to contribute, they all know and many participate.

it's also not as easy as supply and demand. If trades go through dark pools they have less effect on price, and some other tools are available too.
Why don't any hedge funds want to contribute? If the ape theory is real, then it's pretty easy money.

The ape theory needs to say that hedge funds are all colluding to keep the little guy down. And that hedge funds definitely aren't actively trying to get an edge over each other every day in the market. Or at least on this one issue, keeping gamestop from shooting to the moon, they've all secretly agreed not to get involved.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/14/24 11:59:55 AM
#100
whitelytning posted...
This is the failure in the whole plan. Its not even about the economy, just the idea that a hedge fund or major financial institution is going to go bankrupt to buy shares, with money they likely dont have, at insane prices to comply with a contract is crazy. They will just not buy the shares and deal with a lawsuit and fines after the fact. Its much more rational and doesnt involve bankrupting the company.

Lets say I enter into a bunch of contracts that says I will buy millions of shares of GME on some random date. And I dont expect the price to be above $10 on that date.

If suddenly there are games being played in the market to make the price $400/share when the due date comes Im not going to spend 40x the amount to buy the shares, especially when I dont have the money. Im just going to breach the contract.

1337toothbrush posted...
The legitimacy of the entire market is based on contracts being strictly enforced. If anyone can just skip out on obligations then it'll be a hit to the reputation of the market.
The ape theory is predicated on the idea that there are still bajillions of short positions open on gamestop by the evil hedge funds and these positions can be squeezed to infinity dollars if we all keep buying (the mythos gets more complicated from there with DRS and other things that don't make a lot of sense, but this is the base theory). In 2021 the investment firm Melvin Capital truly was overexposed in short positions on gamestop and got squeezed. This was part of the reason the price was driven upward. But according to the SEC's analysis on the incident, the larger reason the price shot up and remained high for a few weeks was retail investors pumping money into it. It goes without saying, but retail investors pumping money into it now is the reason it shot up again. There's no indication that gamestop has bajillions of short positions on it now and can be squeezed again, but it's necessary that that's true for apes to get infinity dollars, so they believe it is true.

Also, yes, it is obvious that even if hedge funds did have bajillions of short positions, the price wouldn't ever shoot up to a bajillion. The ape mythos believes the hedge funds will all fall and apes will be the new ruling class of the world because they'll hold on to their shares to infinity demanding whatever prices they want. But even in that imaginary fantasy scenario, the hedge fund that's overexposed would just go bankrupt. So the theory goes further that the US government will have to cover the hedge funds position for them or else everyone would lose faith in the market. Because the public image of the government letting redditors go without their hard-earned bajillions of dollars is of course more important than the global economy. This is where the theory gets really weird and obviously starts to raise way more questions. So don't think about it too hard, all you need to know is that you will be super duper rich.

The easiest answer to dispel the theory is like, why don't other people do this besides redditors? It seems pretty easy. Are hedge funds all colluding with each other? Not one of them is like "oh, we can put 1% of our portfolio on gamestop and turn our one hedge fund into the new world elite". If it's this easy to crash the US economy, why doesn't some Russian billionaire just buy gamestop and do it. No, only redditors have figured out this trick. And even though they've detailed their theory and plans in minute detail, and in fact won't shut the fuck up about it trying to get other redditors to buy in with them, the hedge funds don't seem to have caught on yet.

It all makes less sense the more you think about it. I notice apes, like crypto nerds, also seem to have a fundamental misunderstanding of how stock prices work (let alone how short selling works). They don't seem to realize that the money made in the stock market comes from someone else who put money into the market. Apes and crypto nerds ostensibly don't seem to realize that the price is supply and demand. They encourage people buy in telling them that the price will be way higher in the future. Why will it be higher? Well, don't worry about it. It will be higher because it will be higher. And as they convince people to buy in more and more, the price does get higher, because more people are buying. Which is a feedback loop to get more people to buy in, showing them how much they would have made if they bought in earlier. The early buyers then sell out leaving the new buyers holding the bag. I think some apes know this is how it really works and know what they're doing being annoying trying to pump it up. But just as many are trying to lure people in because they think it's just the culture of the movement to get in new recruits.

In fact, I think Gill knows what he's doing right now tweeting about it and knew the effect it would have. The ape movement turned into a weird qanon-ish thing where they love reading secret messages being sent to them, and it's impossible Gill didn't know he had become a messianic figure in the movement since he publicly stopped posting a few years ago. So I think what he's doing now is a little shady, and hopefully it's just for attention and not because he just bought a bunch of meme stock last week and wanted to manipulate a quick pump on it.

---
https://i.imgur.com/dzGMd.png
TopicAre you ok with having it at being 35 to be able to run for president.....
Kuuko
05/13/24 4:29:49 PM
#17
You don't need to be born in the US. You just need to be a "natural born" citizen. Which has no technical definition but most people think as long as you were a citizen by some means when you were born then you're eligible. Republicans used to strictly say it can only be interpreted as you need to be born in the US, so that they could push conspiracies that Obama isn't eligible to be president by saying he was secretly born in Africa. Republicans had to make exceptions that John McCain was eligible though because he was born on a US base in Panama. But then they altogether changed their opinion on what "natural born" means again when Ted Cruz ran for president, and he is very plainly just born in Canada.

The fact that they're OK with the Ted Cruz definition now is funny too because it means the Obama-Kenya birth conspiracy was entirely meaningless. Even if he was born in Kenya, which he wasn't, he would still be eligible since his mother would have passed him American citizenship the same way as Ted Cruz. It goes without saying but it was entirely a racism-driven conspiracy. And it's oft-forgotten now, but Donald Trump was by far the absolute most massive propagator of the Obama-Kenya conspiracy and you could say it was largely the beginning of his getting directly into politics.

---
https://i.imgur.com/dzGMd.png
TopicSephiroth in KH1.
Kuuko
05/13/24 1:34:56 PM
#4
Sephiroth should be one of the last things you do. It would be very hard without Superglide.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 1:09:51 PM
#72
WingsOfGood posted...
But see this is intentional so perfectly fine or something.
Like I can get with the idea that GME is risky and shouldn't be bought, the issue is calling it a scam while the rest of the stock market exists.
Sure there is slow "safer" ways but that doesn't negate that the average stock is hose town.
I too have a 401k but it basically the only retirement method offered by modern companies.
I don't think people are combative toward you or other meme stock / crypto nerds because they dislike gamestop or anything. I think they're combative because the nature of meme stocks and crypto is that the current holders try to get as many people joining into it as they can. Because that's the real way to make money on it. Buy in early, and sell to the people joining in later after they drove the price up for you.

If you just went on about how much you like investing in like, Domino's Pizza. That's fine and cool. No one will bother you about it. If you go on about how you want to spread the word everyone SHOULD buy into Domino's Pizza right now! It is the future! We will all get rich eating Domino's! People will tell you to shut up and leave already.

Gamestop will never actually be the future. It's a dying video game retail store that, in the year 2024, sells more funko pops than videogames. Well known for treating its employees like shit pushing shitty powerup rewards cards or whatever. There's no actual value in investing it. Except to get others to buy in. That's why you guys come across as annoying to people. Not because you're irrational gamblers - that's okay - but because you're gamblers trying desperately to convince everyone else to join you.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 12:40:53 PM
#59
WingsOfGood posted...
Do you think the guys doing the idiotic DRS stuff are why it jumped today?
They been supposedly doing this for the past 3 years and the stock just kept dropping.
Did a huge surge of new "cultists" join or something? Or the surge is unrelated?
Likely a mixture of new and old cultists. Superstonk is currently on the front page of reddit. So some new people might be joining. Some people not in the cult might remember the multi-day surge 3 years ago and think they can ride it for a quick buck, as long as they exit the position before everyone else does. More importantly though, I think the cult has been dwindling and slowly losing hope month by month ever since the original surge.

The early days following the surge promised a greater surge in the near future, but as time went on and everyone's portfolio lingered they had to get creative inventing new reasons why the shadowy evil figures have been holding us back, or why the good guys on our side have yet to secure the promised Stock Market Parousia. Gill tweeting all of the sudden reinvigorated the wavering faith of the cultists. And since gamestop cultists pride themselves on bragging about how many stocks they own (why would it matter if every stock will be worth a bajillion dollars....?) and "locking the float" in DRS as you mention (the logic of which is some weird qanon-ish sovcit idea of how stocks work), I think a lot of believers just threw a ton more money into it.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 12:28:39 PM
#49
WingsOfGood posted...
For the past 20 years.

Literally just now are.
Glad we cleared that up.

So when I explained the instituion rolls a stock into their package this is true for the past 20+ years.
Even now it is still true for like 47% of market participation.
I think I'm repeating myself and it's obvious to you and everyone so I don't know how much I should keep repeating. But again as I said, index fund is the most popular and has been growing massively in popularity for decades, ever since the late great Jack Bogle first began proselytizing them as a way to avoid corruption and unnecessary fees in the market.

They continue to grow in popularity because they get steady safe returns. For 99% of people this is the best form of investing. It is not a get rich quick scheme, like meme stocks and crypto are. It is not filled with scams and fraud, like meme stocks and crypto are. It is boring and takes a few decades to be wealthy. Which is not fun for degenerate gamblers and scammers. That's why I brought them up in this topic, which is about degenerate gamblers and scammers.

For some reason you want to harp on how index only the most popular option now all of the sudden. You're right, thankfully they are now the most popular option now all of a sudden. And thankfully index funds are growing in popularity because thankfully not everyone is gullible enough to invest their life into meme stocks and get rich quick schemes. And especially not gullible enough to turn into a stock into a cargo cult with religious tenets that would be too bizarre to be included in an onion article or a Douglas Adams novel.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 12:17:56 PM
#46
Oh you're talking about market participation in one or the other? Yes index funds are now more popular. Like I said in this topic all along, they are the most popular option. They weren't always the most popular option. Now they are the most popular option, and the divide will grow larger in the future.

You're the one who tried to argue that they're not the most popular when I said they are. Because they are. Do you also argue when people say "Biden is the current president" by bringing up times in the past when Biden wasn't the current president? I said index funds are the most popular because they're the most popular.

Anyway, can we please get back on topic to the gamestop cult stuff and the pump and dump. I'd rather see you talk about that because it's more funny.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 12:12:05 PM
#44
WingsOfGood posted...
False.

I explain how stocks worked and I was right.

In Jan 2024 managed beat Index in how many people were doing one

In 2023 managed beat Index

In 2022 managed beat index

In 2021 manages beat index

Confrats though, yes index has now beat managed for the paat 3 months.

Doea that negate all these years? No

No it does not
Where are you seeing that managed funds beat index funds? Genuinely curious.... All modern research is that in the long term there are almost no active investors who can consistently beat the market. Some do beat it by chance in the same way that if you get a million people in the same room and flip a coin 10 times, some will flip heads 10 times in a row. Even Buffett, one of the only investors to beat the market long-term, advocates for index fund investing.

Again this is off-topic though. Because again, you brought up actively managed mutual funds because people told you gamestop is an obvious pump and dump. And you responded trying to say that the entire market is corrupt, as evidenced by a random article on actively managed mutual funds you googled on the spot. I don't know why you're trying to argue that actively managed funds are superior now after just trying to say they're corrupt (they're demonstrably not superior anyway). I don't think you know what you're arguing either and you're just flailing around because now you don't want to talk about the fact that this topic is about an apocalyptic twitter stock messiah you believe in. And it's kind of hard to explain the gamestop eschatology you believe in to a normal person audience.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 12:02:13 PM
#41
WingsOfGood posted...
Well that is nice. My info was not that outdated. Your article says this literally only happened 3 months ago.

And also it just barely:

That means as of today 47% or so of the market is still using managed and subject to the manipulation I speak of.

Also your articles are worried about that number going up.
You're being pedantic on the index fund point because you found out you're wrong. The reason you brought up mutual funds to begin with is you were trying to act like the entire market is as corrupt as your pump and dump scams are. And you don't want to admit that regular people doing regular index fund investing, the most popular form of investing, is not very corrupt.

This seems to be a common theme with meme stock and crypto nerds. There's no defensible position in regards to the space being utterly filled to the brim with scams. You can even see obvious scams plastered the replies to Gill's recent tweets. So the only defense is "asckually everything is corrupt". No. No, it's mostly just you guys that are this easily scammed. And you're scamming others, whether you know it or not, by trying to get them to join your cult too.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 11:38:20 AM
#37
WingsOfGood posted...
This is false.
If you know little info on this topic that is ok to admit.

https://knowledge.wharton.upenn.edu/article/if-index-funds-perform-better-why-are-actively-managed-funds-more-popular/

Institutions heavily push their own funds. Most people defer to the "experts".

It is nice you did different from reading a book but most people aren't gonna read several books that negate what the expert dude they talk to recommends.
You googled this just now and cherrypicked an article from a decade ago on purpose hahaha. You're not up to date with this. As I said, index funds are increasingly the default option in everyone's 401k, and it will be more true as the SECURE 2.0 Act takes effect. Look at any article from THIS YEAR instead.
https://www.forbes.com/sites/chriscarosa/2024/04/02/index-funds-surge-in-popularity-but-pose-risks-for-the-market/?sh=64f750165f38
https://www.morningstar.com/funds/index-funds-have-officially-won

Anyway, let's stay on topic and talk about the cult you're a part of. Talk to us more about how you will be a bajillionaire little guy. Because our messiah is tweeting secret messages to us, and this is evidence that gamestop will imminently take over the global economy. Or something along those lines.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 11:22:59 AM
#32
WingsOfGood posted...
https://www.fool.com/investing/mutual-funds/2008/07/01/what-mutual-funds-dont-tell-you.aspx

Fyi my info on how stocks work comes from people in the industry.
There is manipulation going on but most people don't care as long as they get some kind of return. There is a reason they become wealthy while you get a small breadcrumb after decades.

Also fyi the motley fool is super anti-GME
Most people don't invest in actively managed mutual funds. Actively managed mutual funds are indeed filled with scum trying to make themselves look useful and smart by doing that kind of thing. That's exactly why people like Bogle and Buffett recommend index funds, and why most 401k plans offer those by default (this is even more true after Biden passed the recent SECURE Act). Index funds don't have this problem - you can view the holdings right now and the holdings are obvious because they're the index they're tracking.

Good job googling this thing you didn't really understand very well. Classic ape behavior. I notice you're not as much into addressing the dialogue in this topic about the sensational cult behavior surrounding gamestop and why it's an utter anomaly and pump and dump scam completely disconnected from rational investing. I think you should focus more on that part, because that's the part I think driving your misunderstandings about everything else.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 10:49:47 AM
#28
WingsOfGood posted...
These are longterm promises greater than three years or you would claim it was a pump and dump back when the whole market was red.
GME is barely at 3 years yet it is a pump and dump?

Something seems off in your logic. Also retirement accounts have bought GME too.
The current ape movement doesn't even align with why Gill originally bought it and told others to buy it. It transformed from "gamestop will make more revenue soon with new consoles releasing" to "gamestop is the catalyst through which the revolution will begin. all of us lifelong losers will topple the elite and demand BAJILLIONS per share of our failing retail company and they can do nothing to stop us. DRS DRS THE END TIMES ARE NIGH". The prophets of the cult are the pump and dumpers. Who spread these weird nonsensical stock market ramblings ("DD", as you would refer) to encourage each other to buy more. Selling stocks is for non-believers, and those who would dissuade you from buying more of the holy elixir of gamestop stock are faithless heretics who should be rightly ridiculed. The shadowy enemy will be defeated if you encourage all of your friends and family to buy more gamestop. It is a pump and dump turned apocalyptic fantasy cult, with Ryan Cohen and Gill himself as the messianic figures in the center.

None of that is how regular stocks work. None of that is how regular people invest. Regular people look through the plan prospectus at work while selecting their 401k portfolio on a boring Fidelity or Vanguard webapp. They select between one of a few mutual funds based on which one probably has the lowest expense ratio. The funds offered are weighted to track some index, like the S&P 500 for example. There's no emotion to it. There's no manipulation, unless you think tracking the market is manipulation. Yes gamestop would be part of mutual funds, because it is in the market too.

Regular people get wealthy doing that. I'm pretty well off myself doing boring investing, having begun by reading all of Jack Bogle's books when I was very young. Most people end up retiring this way through 401ks and IRAs they steadily invested in doing boring stuff for decades. What you're doing is trying to skip the boring stuff, both to get the high of gambling and also because you're easily susceptible to get rich quick schemes. Deep down you know nothing about the gamestop cult actually makes any sense. But you justify it by roleplaying like you're actually the good guy taking down the evil bad guys, and not just trying to make a quick buck.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 10:34:57 AM
#23
WingsOfGood posted...
That is literally how stocks work.
The way to not get hosed is you buy into a portfolio with diverse stocks because...some drop as others go up.

But what you as a layman don't know is the company offering you that portfolio has interest in selling certain stocks to you. They profit. This is legal.
Lol I can tell you are an ape or at least learned about the stock market through the ape movement because you're fundamentally misunderstanding basic tenets of the stock market and think invisible enemies are everywhere conspiring to stop you and gamestop from being profitable. It is honestly impressive the cargo cult has lasted this long, and lasted this long without ever actually learning anything at that. I have a feeling you also think every failing company is manipulated by naked short sellers or something right.

But to your point, please elaborate more about how the millions of Americans investing in basic S&P 500 or Russell 2000 index funds in their 401ks, are being pumped and dumped like Gamestop is. How it's all fraud everywhere, and how Gamestop is the poor little guy who's just trying to do a tiny little pump and dump like VTSAX apparently is.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 10:25:38 AM
#19
WingsOfGood posted...
You realize this is how stocks work right?

Your accredited financial advsior tells you to buy TESLA because it is a "safe" stock.
He sells his shares and his company does after you buy and it drops.

People only upset about GME because they aren't the "house" so they not allowed to win.
Is that how your stocks work? You must be doing something really wrong if you keep getting scammed and think it's happening to everyone else too. Read a Bogle book and chill and make easy returns. Scams like the ones you mention are exactly what the FTC cracks down on, which is why Gill and the Robinhood CEO were pulled in front of Congress to begin with.

---
https://i.imgur.com/dzGMd.png
TopicRoaringKitty returns causing GME surge and RH shuts off buy
Kuuko
05/13/24 10:14:45 AM
#15
WingsOfGood posted...
Seems their idiocy will pay off if they bought alot at $25 and under
Their idiocy would pay off at the expense of the other idiots they sell it to. It is the literal definition of a pump and dump. Keith Gill himself made millions dumping on easily susceptible redditors who don't understand basic stock market principles, and they still worship him for dumping on them.

---
https://i.imgur.com/dzGMd.png
Topicbesides FF7, has an RPG remake ever
Kuuko
05/11/24 3:58:09 PM
#6
Most updated RPG re-releases I can think of are more like remasters than remakes so hard to think of a lot. But the Neptunia "remakes" changed all the gameplay because the originals were bad. Also, this is a little bit of a stretch but Kingdom Hearts has invented excuses to retell and redo the KH1 plot like at least 3 or 4 times across the series, and each time is a little different.

---
https://i.imgur.com/dzGMd.png
TopicPlaying Twilight Princess for the first time ever
Kuuko
05/10/24 10:48:24 AM
#7
Oh one thing is if your Ordon Shield gets lit on fire you can never get it again and need to replace it with the uglier Wooden Shield that you can buy in the store. Zero difference except aesthetics, but important to some people

---
https://i.imgur.com/dzGMd.png
TopicI'm in a Discord and a mod is super mad people aren't searching before posting
Kuuko
05/10/24 10:26:38 AM
#21
Discord is horrific as a store of information. If a message isn't pinned it's probably eternally lost to the void, except to people who've seen the message already and know exactly what to search to dig it back up.

Reddit is also incidentally a horrific store of information since its search function is literally non-functional. Moving away from traditional forums was a mistake.

---
https://i.imgur.com/dzGMd.png
TopicPlaying Twilight Princess for the first time ever
Kuuko
05/10/24 10:14:22 AM
#3
TP is pretty straightforward, even compared to other 3D Zeldas. Might need a guide to find some poes or the bugs but otherwise you can probably figure out 100% of the game on your own.

---
https://i.imgur.com/dzGMd.png
TopicIn Ocarina of Time, do you do the Spirit Temple first or Shadow?
Kuuko
05/09/24 1:28:39 PM
#24
AssAssasin69 posted...
Holy crap, I always thought you had to do the forest temple first no matter what. I guess because of the order of the first 3 child dungeons
Yeah you need the bow from Forest Temple to get the map in Fire Temple so you're clearly expected to do Forest first but that's the only thing and it's obviously optional.

---
https://i.imgur.com/dzGMd.png
TopicIn Ocarina of Time, do you do the Spirit Temple first or Shadow?
Kuuko
05/09/24 1:01:57 PM
#13
First time playing I did Fire before Forest, because Navi bugs you go to Kakariko to get the Hookshot immediately and if you're already in Kakariko then Death Mountain is right there. But otherwise I did them in the "normal" order

---
https://i.imgur.com/dzGMd.png
TopicHow is Shin Megami Tensei not more popular
Kuuko
05/06/24 10:14:27 AM
#48
the_crow13 posted...
Ive spoken to two people irl who liked persona but when they tried smt they dropped it because it was too hard. I think thats the reason.

There arent many turn based RPGs that are commercially successful and notoriously difficult. Fire Emblem got a lot more popular when they added casual mode because the permadeath was an intimidating mechanic
These days they do have "I just want to see the story" difficulties. Nocturne HD's new easy mode is so easy you can basically just press the Auto Rush button every single battle. Quite a big difference from how Nocturne was perceived on the PS2, where even the normal mode, let alone hard mode, was considered one of the harder JRPGs of the era.

---
https://i.imgur.com/dzGMd.png
Topic7 point political spectrum
Kuuko
05/03/24 11:29:24 AM
#38
ToteAll posted...
Ah, yes, so we agree on that. It's not about making spectrums shorter, good.
No idea what you're trying to say.

ToteAll posted...
So why does the US only show such a tight spectrum compared to other countries?
Mostly because of the first-past-the-post voting system.

---
https://i.imgur.com/dzGMd.png
Topic7 point political spectrum
Kuuko
05/03/24 11:23:27 AM
#34
ToteAll posted...
Does it reduct the US' political spectrum, but not others?

Why?
No. It "reducts" all political beliefs.

Because political beliefs are more nuanced than "this way" or "that way". The specific one you post is particularly egregious.
https://en.wikipedia.org/wiki/The_Political_Compass#Reception

---
https://i.imgur.com/dzGMd.png
Topic7 point political spectrum
Kuuko
05/03/24 11:20:47 AM
#32
ToteAll posted...
Do you disagree with the image posted above? Why?
No - I think the popular two-axis political compass thing that people on the internet love to use is extremely reductive and a horrific attempt at quantifying political beliefs.

---
https://i.imgur.com/dzGMd.png
Topic7 point political spectrum
Kuuko
05/03/24 10:44:11 AM
#26
ToteAll posted...
1. I live in another right wing country but that actually has representation of the entire spectrum, I don't live nor am I talking about specifically about Europe.
2. Your logic is so skewed it's hard to take seriously. Forgetting point 1, the fact that that there are alt right political parties in other places of the world doesn't magically cut off the political spectrum, specially since the US' artifical cut-off is on the other side.
What skewed logic? I was just bringing up the pervasive misconception that everyone in Europe is super far left.

I guess the point you're trying to emphasize is that you think American democrats are right-wing. You can argue it but the right-wing / left-wing dichotomy is ambiguous and everyone in 2024 interprets what it means differently so it's kind of fruitless.

As I mentioned, the term right-wing and left-wing originally refer to classism. Specifically - it's the side of the room that French legislators would sit at the time of the French Revolution. Right-wing would refer to those who believe class structures are inevitable, or maybe even preferable. Left-wing would refer to those who believe everyone should be treated and represented equally. People like to add their own additional explanations on what the words mean but since everyone is making their own personal definitions then it's like communicating in a different language. Are the Democrats in favor of classism? Well, less so than Republicans obviously. Democratic politicians nationwide are generally more likely to pass corporate regulation, minimum wage raises, pro-union legislation, and higher taxes on wealthy. Which are all more anti-class structure things.

Is that still right-wing, and where does left-wing begin then? Do you need to introduce anti-currency and anti-landownership into your beliefs to get to "true" left-wing? Or is that where far-left-wing begins. Do they need to be HARDER on workers' rights legislation before it's truly left-wing, and if so where does that start? What's an example of a "sort of left-wing, not extreme left-wing" party somewhere in the world to you?

It's all inherently nebulous, so I'm always confused why people get so pedantic on the exact classification of things like this.

---
https://i.imgur.com/dzGMd.png
Topic7 point political spectrum
Kuuko
05/03/24 10:22:16 AM
#14
"asckhually, in europe the democrats would be considered right-wing. because europe is far far more left than america is"

I've been seeing this statement for years and it's extremely obvious it's parroted by people who don't know anything about European politics, or are confusing the entire continent of Europe with some Scandinavian country. Especially in the last few years, there's a fuckton of explicitly racist, nationalist, and classist parties in Europe (classism being what the words left and right originally refer to btw)

---
https://i.imgur.com/dzGMd.png
TopicArale is the most influential female character of Shonen.
Kuuko
05/02/24 12:23:56 AM
#21
Cutie Honey, probably

---
https://i.imgur.com/dzGMd.png
TopicThings in games you didn't have to do but everybody did
Kuuko
04/26/24 12:28:00 PM
#39
Srk700 posted...
- Rolling in Ocarina of Time thinking it was faster than normal walking.
It is faster, as long as you angle your rolls well when you need to turn. But walking backwards is faster than both, and not many kids playing probably did that.

---
https://i.imgur.com/dzGMd.png
Topicbiblically accurate angels
Kuuko
04/26/24 11:58:03 AM
#5
Most of the time angels come up in the bible it's actually just like a nondescript person, sometimes mentioned as particularly attractive person. it's specifically the Ezekiel "angels" that are all weird and fucked up

---
https://i.imgur.com/dzGMd.png
TopicWhy did Bernie lose twice?
Kuuko
04/26/24 11:12:21 AM
#39
People on the internet make this out to be a much bigger deal than Bernie himself does. The literal second he lost both primaries he immediately rallied behind the nominee and campaigned for them, and after Biden had won he even asked Bernie to be in his White House cabinet as Labor Secretary. And the only reason Bernie didn't work with Biden there is the Senate's balance of power was extremely precarious and Bernie has just gotten a powerful seat as the Senate Budget Committee Chair But weird people keep going on for years acting like there's irreconcilable differences and a permanent vendetta between Bernie and the rest of the Democratic party.

---
https://i.imgur.com/dzGMd.png
TopicRussian government to fund "patriotic" games
Kuuko
04/26/24 10:19:08 AM
#1
"The Russian government has said that it will fund the production of "patriotic" games, while titles that "distort" history could be banned in the country.

"The main thing we expect from the producers of video games is the realistic and historically truthful representation of events," said Arseny Mironov, an aide to Russia's culture minister Vladimir Medinsky.
His comments came in a report from the Russian daily newspaper Izvestiya translated and reported by The Hollywood Reporter.

"A video game has to have not only an entertainment value, but it also has to teach and be conducive to patriotic education," he added, while also stating that a "negative image of the Russian warrior" in games is not acceptable.

The Russian Military History Society--led by Medinsky--is taking charge of the government's video game endeavors. The first project from the group will focus on the beginning of Russian military aviation during World War I.

According to the report, the Russian government is currently negotiating with "several" local developers for the game--expected to be released in 2014--though none were named. Further government grants for additional "patriotic" games will be introduced, the report said.

Russia's culture ministry has said it is concerned about the content of some foreign games, which "discredit the Russian soldier" and "distort historic facts." Such games could be banned in the country, the ministry said.

One example provided was Company of Heroes 2. Sales of the real-time strategy game were halted in Russia in August after numerous users expressed issues with the game's portrayal of the Soviet Union during World War II."

https://www.gamespot.com/articles/russian-government-to-fund-patriotic-games/1100-6415492/

---
https://i.imgur.com/dzGMd.png
TopicDid you guys see the Metaphor game? This looks really cool rpg : trending: Atlus
Kuuko
04/23/24 4:54:43 PM
#11
philsov posted...
Persona 3 FES, Persona 4: Golden, Persona 5: Royals, SMT4: Apocalypse, Shin Megami Tensei V: Vengeance...
SMTIV:A is a sequel to SMTIV (kinda). But yeah.

---
https://i.imgur.com/dzGMd.png
TopicJust put $175 into my Roth IRA, in 25 years it will be worth
Kuuko
04/23/24 2:25:48 PM
#9
PraetorXyn posted...
Doubtful. Particularly with inflation taken into account. You really have to beat 7% to even break even with inflation at 7%, for instance.

I have $500 auto-deposited into my Roth IRA every month, and then Ill manually put in $1000 or whatever makes up the difference manually when I get my tax return or some other time, so I hit the max each year. But I dont expect that thing to grow 200% or whatever.
When you look at people estimating annual S&P500 returns you'll see numbers between 7%-12%. Depending on the specific timeframe you pick. And the low side of 7% factors in inflation. So yes roughly 7% is safely your expected "real returns".

As much as inflation is talked about now, it's usually more like 3% or less each year. The federal government targets 2%.

---
https://i.imgur.com/dzGMd.png
TopicI like when anime characters state the obvious
Kuuko
04/19/24 8:23:36 PM
#4
Tch.... this speed...!

---
https://i.imgur.com/dzGMd.png
TopicI still don't understand cryptocurrency or why it's supposed to have any value
Kuuko
04/19/24 4:52:45 PM
#15
ellis123 posted...
It is a neat tech idea that people took seriously and turned it into the newest tulip craze in their obsession with turning "making money" into a video game. It adds nothing to the currency scene and is largely just an easy grift because children will flood any new crypto with money in hopes that it isn't a rug pull (it always is). At best it is a highlight as to why Libertarians are not able to have a functioning society.
The funny thing is it's not even a particularly neat tech idea. Crypto nerds always try to explain why blockchain is this invincible new groundbreaking idea that will be adopted by anything and everything. They'll go on and on explaining all of its many benefits, and then get surprised when they find out that they're mostly just describing qualities of distributed databases.

The only interesting thing about it, the main thing that the bitcoin creator Satoshi intended, was for it to be decentralized. Because he clearly had some sorta libertarian leanings in the immediate aftermath of the 2009 crisis when he created it. But - ironically - crypto as it's used today is completely antithetical to that idea and almost everyone uses centralized entities to interact on it. Defeating the whole purpose. It was also obviously supposed to be used to actually buy things and not for mindless speculation like how most people use it. But it turns out it's really bad at being used to buy things. So people just ignore that part.

---
https://i.imgur.com/dzGMd.png
TopicWhy is building a computer these days so god damn hard?
Kuuko
04/19/24 4:31:00 PM
#31
It is easier to build, as everyone else is saying. But I agree there is a fuck ton more marketing right now than there used to be and that can make it kind of overwhelming when you dip your toe in. I know dudes who will not shut up about whatever latest GPU came out any given month and yet wouldn't have the slightest idea what a PCI-E slot is.

Conveniently, the rule of thumb in computing is that there are diminishing returns the more expensive you go. Which is to say, whatever super high-end thing is being advertised everywhere is probably marginally better than something half its price. So you can fairly safely ignore a lot of the nonsense. The nerds proselytizing the tenets of their new GPU are much louder than the nerds doing benchmark comparisons. I think the former category of people also likely have some weirdly asymmetric computers, where they fell for the marketing on the super high-end stuff and probably skimped on the other components.

I have always liked the logicalincrements builds (google them). For 99% of usecases they'll probably get you something very appropriate for your price point.


---
https://i.imgur.com/dzGMd.png
TopicThe hardest mission in SA for me wasnt the train.
Kuuko
04/18/24 3:39:18 PM
#12
WarfireX posted...
Why do I remember that you couldn't skip that mission in the OG? Did they change that in the remaster, or was I just not even aware I never had to do that mission to begin with?

It's strange how impossible flight controls seemed but I can pass those missions today.
All of the Zero missions were always optional. But the most infamous one, Supply Lines, was patched to be a lot easier in every version of the game outside of the original first print copies. In the original version of the mission the "Fuel" meter was basically just a timer. In all later versions the "Fuel" only depletes when you hold the accelerate button so you effectively have far more time to complete the mission.

So sometimes you'll see be like "Supply Lines is super hard" and a bunch of other people be like "really? I didn't have problems at all how did you guys keep failing it?". And that's probably why

---
https://i.imgur.com/dzGMd.png
TopicTaxes. Do you normally owe or get money back?
Kuuko
04/17/24 7:05:11 PM
#17
If you are consistently owing a lot or getting a lot back then your withholding is wrong. If you work a regular W-2 job you can fix that easily. If you get income outside of a W-2 then it can get more complicated but it's still something you can correct if you feel like it.

It's not a big deal if you owe and it's under the safe harbor rules so you don't get penalized. But if you're consistently getting money back then that's money that you were supposed to have during the year, and you accidentally gave the government an interest-free loan.

---
https://i.imgur.com/dzGMd.png
TopicDell Dude got arrested!
Kuuko
04/17/24 2:00:14 PM
#9
bsp77 posted...
Bought a small bag of Marijuana. Seriously, don't the police have better things to do?
this is the america we live in today smh

---
https://i.imgur.com/dzGMd.png
TopicDell Dude got arrested!
Kuuko
04/17/24 1:27:57 PM
#1
Curtis was arrested at 11:30 p.m. Sunday and charged with criminal possession of marijuana when an officer saw him making the purchase from Queens resident Omar Mendez, a police spokesman said.
Police said Curtis was buying "a small bag" and was not being charged with intent to distribute. Mendez, 19, faces charges of drug sale and possession.
"At no time was there ever any intent to distribute," Curtis' attorney, James Moschella, told CNN. "The case is over."
Officers made the arrest as part of Operation Condor, a special anti-narcotics detail.
Curtis' agent, Bonnie Schumofsky, refused to comment on the arrest.
Curtis, 22, was born in Chattanooga, Tennessee, and is enrolled at New York University's Tisch School of the Arts, according to Dell's Web site.
He gained national recognition as "Steven," a hip teenager who convinces his parents, his friends' parents and random people at the mall to buy computers from Dell.
The ad campaign was hugely successful for Dell Computer Corp. It featured Curtis' catchphrase, "Dude, you're getting a Dell!"

https://www.cnn.com/2003/LAW/02/10/dell.dude.arrest/index.html

---
https://i.imgur.com/dzGMd.png
TopicDoes CE like the Pokemon Trading Card Game for Game Boy.
Kuuko
04/12/24 12:43:42 PM
#12
First one is great. Second is twice as good.

kage_53 posted...
I thought it was broken. There was no reason to play anything other than rain dance.
This is kind of true.

---
https://i.imgur.com/dzGMd.png
TopicWhat would have happened to earth if Bulma didn't find Goku?
Kuuko
04/09/24 11:17:38 PM
#17
jumi posted...
Guru would have died before he could use the Dragon Balls. The Namekians never would have given him the chant in their language.
Hm true. Good point

---
https://i.imgur.com/dzGMd.png
TopicWhat would have happened to earth if Bulma didn't find Goku?
Kuuko
04/09/24 11:12:08 PM
#14
1. Red Ribbon Army takes over for a while (probably, unless some of the other strong dudes steps up in Goku's place)
2. Gero is maybe still a mad scientist hanging around but probably his androids won't be as strong this time without as much strong people data to collect
3. Someone like Pilaf who's searching for the dragon balls maybe possibly actually assembles them and becomes immortal
4. Eventually Raditz comes. But if Goku's already dead not sure if he bothers destroying the planet or not
5. Elsewhere in space Frieza becomes immortal with Namek's dragon balls and takes over the galaxy, even more than he already did
6. Majin Buu is eventually resurrected, if Earth is even still around. Supreme Kai almost certainly can't stop him on his own. Earth and presumably the entire universe is then taken over by Babidi and Buu unless Immortal Frieza can do anything about that

I'm super hazy on pre-Z dragonball story so not sure, but that's my random guessing

---
https://i.imgur.com/dzGMd.png
Board List
Page List: 1, 2