Everything posted by southsider2k5
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Market/Financial Thread
A hedge fund is one legal entity. It can invest however it likes as long as it doesn't work with other funds to do coordinate their actions. The second one is a crime, and should be charged. You can keep throwing out whataboutisms, but it doesn't change the underlying facts here. This is closer to the LIBOR fixing that happened. A group of people got together and agreed to do the same thing in the markets, which is illegal. Billions of dollars in fines were paid from that.
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Market/Financial Thread
Especially one that is orgainzed.
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Market/Financial Thread
In and out doesn't generate 600% upward momentum in a week.
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Garbage dump pitchers I don't *like* like but like more than garbage
There is zero chance he does that voluntarily. Maybe as a last resort, but he knows the money is in starting.
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Market/Financial Thread
Go back and look at the daily closes for this stock. the SMALLEST daily change is almost 20%. That is anything but flat. 1/22 $65.01 1/25 $76.79 +18.01% 1/26 $147.98 +94% 1/27 $347.51 +134.84% 1/28 $193.60 -44.29% No idea what a "proper pump" is, but I think you are trying to fit this incident into a box that doesn't exist. Market forces aren't linear, and there are other people involved in this other than the people trying to manipulate the market.
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Market/Financial Thread
And then coordinated a few million people to all buy the stock.
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Market/Financial Thread
Insiders could be selling their stock. No wait. Realistically, no. I mean they could try to do a secondary issuance to raise funds, but that would probably serve as a bomb to this, and they probably don't have time to file the paperwork for it before this blows up. Ultimately they are in a failing business model, and unless they can monetize this in the stores, it is worthless to them.
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Market/Financial Thread
No. The intraday volatility is off of the charts. Like I can't think of anything like this in 23 years of working in the industry off of the charts. Today's range is 290 to 415 on 30 million shares on a 47 million float.
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Market/Financial Thread
Call it what you want, but there is still TONS of money flooding into a company that probably won't exist in a few years. THAT is stupid.
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Market/Financial Thread
The pump is still happening.
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Joc to Cubs
Give them at least a year.
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Market/Financial Thread
That's the thing. I know so many people are caught up in the sticking it to the man aspect, but two things stand out. #1, this is a classic pump and dump scheme, all of the way down to the coordination. It's illegal and it always has been. #2, this IS going to pop, and when it does, there are going to be a lot of people who get caught trying to catch a falling knife. When it goes, it will be ugly, and a LOT of people are going to lose fortunes.
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MLB 2020-21 off season catch all
Also a fair question. Then again, he hasn't really been special, and is on the verge of falling out of baseball with another season or two like he has just had.
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MLB 2020-21 off season catch all
All though I will say, going back to what Ptac said about his motion back to day one, I wonder if there is a fix that can be made to alleviate those issues?
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Market/Financial Thread
Sure, but 17 year old kids are fully capable of understanding what is behind student loans and what they mean for the next decades of their lives.
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Joc to Cubs
Yeah, but does Joc defend teammates kid's?
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Garbage dump pitchers I don't *like* like but like more than garbage
I am absolutely fine with Cease/Lopez, and the rest of them fighting it out for the 5th spot in the rotation, and Cease being the guy in the rotation come April. It is pretty telling when you are coming out of this off season depending on two of them to start the season.
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Hector wrong. Again. - Cruz back with Min
You should argue with yourself then.
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Hector wrong. Again. - Cruz back with Min
Don't worry about this poster. He's a Padres fan now.
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Jerry Reinsdorf is cheap
Wow. I didn't think I would see someone carry water for Adam Eaton.
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The Wainwright to the Cards Thread
Jim Jones called, he wants you back at the ranch.
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Market/Financial Thread
Here it is. If RH is tapping credit lines harder than Trump with a prostitute, that means they are covering some major losses.
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Market/Financial Thread
If the company is already overextended, leveraged, or margined, it could.
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Market/Financial Thread
When people tell you who they are, you should listen.
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Market/Financial Thread
Margin is a loan. It is a revenue stream. Firms aren't charging comissions anymore, so they look to things like this for the bottom line.