The Investment Thread (14 Viewers)

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itztime said:
This is pretty exhausting, if true, that they are turning bonds into shares. I'm sure the ones who gambled possessions or futures are going to have to dump their shares that bet on a quick profit with this cat/mouse game and that's what the hedgies wanted. Though it does bring a sale and if it drops a little more, I will be purchasing more :).


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I really don’t know what that means.
 
Could pretty much expect a simulated sell-off anytime you have CNBC running an article like this; literally within minutes of that article being published, we started seeing short ladder attacks that dipped us well into over-sold RSI territory. That threshold FTD situation and the bond situation has these guys in pure desperation mode.

www.cnbc.com

Michael Burry reportedly says Reddit-favored meme stocks will crash as new money dries up

"Big Short" investor Michael Burry believes Reddit-favored meme stocks are set to crash, Barron's reported.
www.cnbc.com www.cnbc.com
 
anyone buy any stock for a company that doesn't suck lately?
 
Feds ceased Vlad’s phone (the Robinhood brokerage guy). In response to the investigation around the trading halt of meme stocks in January.
 
Saintaholic said:
Could pretty much expect a simulated sell-off anytime you have CNBC running an article like this; literally within minutes of that article being published, we started seeing short ladder attacks that dipped us well into over-sold RSI territory. That threshold FTD situation and the bond situation has these guys in pure desperation mode.

www.cnbc.com

Michael Burry reportedly says Reddit-favored meme stocks will crash as new money dries up

"Big Short" investor Michael Burry believes Reddit-favored meme stocks are set to crash, Barron's reported.
www.cnbc.com www.cnbc.com
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Or the Barron’s article of “Analysts throwing in the towel on GME and AMC”
 
itztime said:
Paper hand Dave on RH paying former SEC Head 30 million.

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It's information-quality filter time here: The company employs former SEC commissioner Dan Gallagher for "$30M" - which actually is $4.5M in payroll and $24.6M in stock.

Gallagher was "an" SEC commissioner from 2011 to 2015. The SEC has a commission of five political appointees (no more than 3 of the same party) who serve on a commission - hence the name "commissioner". But it's not the same thing as a police commissioner with authority - the SEC isn't run by a single "Commissioner" that, as what is claimed here, ran the SEC as a head of the agency.

Federal officials often move back into private business and there's rules about when they can actually work on matters that they used to be involved in on the government side (typically at least 2 years). But after that, they go back into private business. Sure, having a commissioner who knows all the rules and how the SEC operates (to exploit) is an inside-track and that has optics and who knows what else - and you can make up your own mind about what that means. But it isn't $30M and it's an SEC commissioner from 6 years ago who was one of five on a commission.
 

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