bo1024

59 ms·

721.
by bo1024 6y ago
> It's not clear if they can do an offering at inflated prices without running afoul of SEC. To add to this, the SEC issued a statement in the middle of it all that seems to discourage Gamestop from offering more shares. It's u
722.
by bo1024 6y ago
If I could add, reddit has a ton of conspiracy theories floating around about this stuff, e.g. "shorts haven't covered because X". They're very hard to refute or even investigate as a layperson because I cannot find the
723.
by bo1024 6y ago
Good point. Who knows.
724.
by bo1024 6y ago
Ah, missed that, thanks. One thing I dislike about this sort of conversational writing is "Here's a very strong claim that I want you to believe[1]" "[1] footnote refuting that claim, but you should still believe it&quot
725.
by bo1024 6y ago
I'm not the right person to ask, I'm not very finance knowledgeable. But here would be my demands, starting with most likely to possibly happen: - Total short interest in every stock updated daily, both settled and in progress. -
726.
by bo1024 6y ago
Interesting, thanks.
727.
by bo1024 6y ago
I think the T+2, T+1 settlement discussion is a red herring. What people are really upset about is a lack of accountability and transparency in trading, especially around short selling.
728.
by bo1024 6y ago
His writing is really entertaining and informative. But I have to disagree with this. The point of hedging is risk management. If something really weird and unexpected is happening, basing decisions on a standard options value calculator se
729.
by bo1024 6y ago
Many of them probably do, but I strongly doubt they're doing a ton of trading after hours. For one thing, the people all excited about gamestop have been talking about it at $40-50 / share, so why would they suddenly all jump in a
730.
by bo1024 6y ago
This seems to be going by the "from" header in an email. Do you know these emails were actually sent from gmail addresses?
731.
by bo1024 6y ago
Good luck, very excited for this! Any chance of a Linux or no-OS option?
732.
by bo1024 6y ago
I don't think that's the right question. It's just about if Google can attract top researchers (or needs to).
733.
by bo1024 6y ago
Not sure, depends who you ask. But almost every deep learning and RL innovation opens a can of ethics worms...
734.
by bo1024 6y ago
I'm in the research community and I think you're significantly underetsimating the effect of firing Gebru and Mitchell. Machine learning is the hottest research area in computer science and ethics of ML is possibly its hottest sub
735.
by bo1024 6y ago
Is there a good news source covering this? Very interesting is this interview yesterday with the Interactive Brokers chairman (5min): https://www.youtube.com/watch?v=_TPYuIRVfew
736.
by bo1024 6y ago
This was really intriguing, but I wish the author was able to communicate more about this difference of perspective. Process vs objects? Those formula seem unsurprising, I wasn't able to understand. I guess if it was easy to communicat
737.
by bo1024 6y ago
They still have a huge amount of your attention...that has to be valuable somehow. Maybe only in nefarious ways.
738.
by bo1024 6y ago
The idea of marginal value/marginal cost is that companies will generally continue spending one billion dollars to add size and complexity, as long as they get back a bit more than a billion dollars in revenue. So it wouldn't nece
739.
by bo1024 6y ago
I'm not convinced that you're right, but I would love the Congressional investigation to try to find out. It's hard to know what would have happened if buying hadn't been shut down, and it's still hard to understand
740.
by bo1024 6y ago
Thanks, this is really nicely laid out.
741.
by bo1024 6y ago
Yes and thank you for calling it out! I had hoped for much deeper discussion.
742.
by bo1024 6y ago
I can read it the opposite way. "We will stop retail from trading for their own good because we think they are being manipulated."
743.
by bo1024 6y ago
> This has been going on for days (the majority of the week) and shows no signs of stopping. It seems that the reddit community has been expecting this for quite a while, though maybe they didn't expect it to get noticed outside of
744.
by bo1024 6y ago
My understanding is that GameStop was the perfect storm. - huge amounts of short positions at like $5 (months and months ago) - some people disagreed and went long - good luck #1 for game stop: some big investors (also months ago) - good lu
745.
by bo1024 6y ago
I'm no analyst, but this still looks really bad to me. If you buy a random share, there's a 55% chance that share is currently loaned out and a short-seller has to buy it and give it back. There's a 55% chance that share the
746.
by bo1024 6y ago
If all of Alice's 100 shares are out on loan, is it actually easy for her to sell them? Assume that her broker doesn't have a bunch of extra shares lying around, due to squeeze or bubble event. Sincere question, I don't know
747.
by bo1024 6y ago
I don't know!
748.
by bo1024 6y ago
I think this wording may be a bit misleading. I think the challenge is more subtle, let me walk through a scenario. 100 shares exist, all owned by person A. They lend all the shares to a short-seller, who sells them to B. Then B lends 40 of
749.
by bo1024 6y ago
My understanding is not enough volume. So many shares are sold short that attempting to buy a significant portion back would drive up prices and initiate the short squeeze (vicious cycle of price going up and shorts forced to buy more share
750.
by bo1024 6y ago
Consider John Deere tractors or other automobiles, to start. Also $500+ phones and computers. Also, right to repair generally includes right to modify and customize, e.g. flash your own firmware or so on.

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