jaycroft

8 ms·

31.
by jaycroft 5y ago
Counterpoint that might get some attention: "The Governor is in possession of software on his personal computer that allows him to decrypt the personal details of thousands of constituents who may have voted for or against him." T
32.
by jaycroft 5y ago
It would also be very interesting to see seepage from say, 1910, predating the 10,000 wells that were built in the area, 1925, at the height of the oil boom, and today, but I doubt this information exists. Edited to say "area" ins
33.
by jaycroft 5y ago
I understand the sentiment, but in this case it's more like, neighborhoods built around oil derricks. Go look up pictures of HB from the early 20's. It was all farmland until oil was discovered, the city came later, with the fir
34.
by jaycroft 5y ago
After dealing with changing dozens of addresses and forgetting to change countless more after moving every few years, I have always dreamed of a DNS like service for mail. Give me a serial number, then I don't need to keep my address
35.
by jaycroft 5y ago
One little nitpick: the checksum error probability should be more like 9 nines. The checksum contains 4 bytes, not 4 bits, and so the false positive rate should be about 1 in 2^32, not 1 in 2^4. "The raw 25 bytes of our address though
36.
by jaycroft 6y ago
The danger from CMEs comes from very very large scale current loops (thousands of miles in perimeter, hundreds of square miles in enclosed area). The issue is a slowly varying but intense change in magnetic flux. We're not talking ev
37.
by jaycroft 6y ago
Yeah, that's sort of the conclusion I keep coming to. If I understand correctly, I'm assuming that when you say that bottom up triggers inflation, you're referring to price inflation / core CPI / any of the other 2
38.
by jaycroft 6y ago
Sorry it took so long to get back to you with an answer! Also no snark detected. Here is a nice overview by the SEC but it's really light on the details. https://www.sec.gov/investor/pubs/regsho.htm#_ftn4 Y
39.
by jaycroft 6y ago
This seems sort of like what the Fed intends to do now, only with maybe lower rates overall - 0 for a few years, ramping to a target of 2 or 3, but I guess no real guidance after that. Unfortunately the Fed has pretty blunt tools, even aft
40.
by jaycroft 6y ago
I'm starting to think that it's time to let the unproductive businesses that have blossomed over the last 12 years go bankrupt and be removed from the system. Unfortunately a lot of productive businesses that are temporarily unp
41.
by jaycroft 6y ago
And now that we have a much more full picture of exactly what has been going on with the numbers of Failures to Deliver (since December), and better understanding of hedging strategies and income generating strategies (selling covered calls
42.
by jaycroft 6y ago
But why can't customer B's money be used as collateral for customer B's trades? I guess because the collateral is all comingled when it is supplied to the clearinghouse?
43.
by jaycroft 6y ago
That's fair - said another way you just have to have a plan in place to borrow the share but don't actually have to have it borrowed yet. And all this discussion is fairly moot given the number of shares that routinely fail to de
44.
by jaycroft 6y ago
>Naked Shorting is illegal. Unless you're a market maker and thus exempt from the regulation, because your market making function requires buying and selling lots and lots of unsettled shares in order to provide liquidity.
45.
by jaycroft 6y ago
And what happens when the side bets begin to wag the dog - when it becomes more profitable to manipulate the underlying and pay the fines there in order to save a bigger position in the side betting market?
46.
by jaycroft 6y ago
I borrow your car (and you even give me the title!), promise to return it to you (but not necessarily the same car, just the same make and model), and then I sell what is truly now my car to someone else. That new owner could then find s
47.
by jaycroft 6y ago
And just for completeness on your comment, a naked short is the same as a regular short, but in the opposite order. First sold short, then borrowed after the fact.
48.
by jaycroft 6y ago
Probably a little bit illegal (like, hundreds of dollars of fines per millions of dollars of infringement) and this is pure speculation. But as I understand it, the Market Makers like Citadel are only required to be market neutral in term
49.
by jaycroft 6y ago
And even if they did, who's on the other side of those options now that they're in the money?
50.
by jaycroft 6y ago
A limit sell order guarantees the limit price or better . A Stop Loss triggers a market order (at any price available) once crossed to the downside.
51.
by jaycroft 6y ago
I think there's also evidence that the "short bubble" might be more widespread than we think. I'm not entirely convinced that Melvin was able to unwind their 50mln short position and drive the short interest down on Ort
52.
by jaycroft 6y ago
This generally requires far out of the money call options for medium term and long term dates. For most of the week, there have been no options available for sale far out of the money. Last week there were no calls that even could exist
53.
by jaycroft 6y ago
Denying communication completely could be a disaster in this case. In the absence of their precious DD, what number do you think the WSB'rs are going to choose to set their limits at? 420.69 seems a little too low right now. My bet
54.
by jaycroft 6y ago
I think a few hedge fund managers might be about to learn about Schelling points in a very visceral way.
55.
by jaycroft 6y ago
Were those calls purchased by retail, or by someone trying to cover a short?
56.
by jaycroft 6y ago
Flow and stock are different.
57.
by jaycroft 6y ago
Where, in the constitution, is the President authorized to wage war without the consent of Congress?
58.
by jaycroft 6y ago
A symbolic gesture signaling approval of the peaceful transition of power for arguably the most powerful political apparatus on earth is quite significant to a lot of Americans. It is probably considerably less interesting to people watchi
59.
by jaycroft 6y ago
I guess what I'm getting at that you might have missed is that "rights", especially "unalienable rights" are things that by their very definition do not have to be earned in order to be deserved. Otherwise, what wo
60.
by jaycroft 6y ago
For everything that's wrong in the United States at least the creators of the nation believed, enough to memorialize in it's founding documents, that it is self evident that that certain freedoms should be absolute weather or not

More ›