jb775

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241.
by jb775 6y ago
The salient aspect here is what they're using them for: to drive the price down or up. If I place a bet on the direction of the price pegged to a given type of rock, then borrow millions of those rocks from you, then trade those rocks
242.
by jb775 6y ago
According to the RobinHood CEO, the formula used is opaque and secretive. https://www.youtube.com/watch?v=2M7X2dsW_Xw&t=5m25s
243.
by jb775 6y ago
This video explains exactly what the hedge funds are doing: https://www.youtube.com/watch?v=gMShFx5rThI
244.
by jb775 6y ago
You're leaving out the aspect that this was all extremely time sensitive. Those silver posts were no longer relevant to the situation. This video explains exactly what the hedge funds are doing: https://www.youtube.com&#x2F
245.
by jb775 6y ago
Apparently the reason Robinhood halted purchases of $GME was because they received a middle of the night call from the National Securities Clearing Corporation (NSCC) demanding $3 Billion immediately[1]. The NSCC refused to explain exactly
246.
by jb775 6y ago
This is fake. It's misinformation to artificially drive up the price of silver, so the hedge funds have more ammo to fight against the $GME short squeeze (hedge funds are long silver). Also helps confirm the media is fake, maybe hedge
247.
by jb775 6y ago
You're an idiot
248.
by jb775 6y ago
This is fake. It's misinformation to artificially drive up the price of silver, so the hedge funds have more ammo to fight against the $GME short squeeze (hedge funds are long silver). Also helps confirm the media is fake, maybe hedge
249.
by jb775 6y ago
My initial thought after reading this is if all $GME shares sold by RobinHood actually exist, or if they're counterfeit copies of someone else's shares. I kind of doubt it considering all the regulation scrutiny recently.
250.
by jb775 6y ago
I'd say the difference is that they're doing it over and over.
251.
by jb775 6y ago
The author likely used the term "counterfeit" since they're essentially copying the shares and redistributing them as if they represent the same value as the original, just like counterfeit money.
252.
by jb775 6y ago
I call BS. If margin were an issue, they could've easily paused that functionality. (just like how they magically paused trading on specific stocks) I'll stick with Occam's razor here. They were trying to appease the hedge fu
253.
by jb775 6y ago
If the SEC or any government agency steps in to help Wall St hedge funds at the expense of $GME shareholders, I wouldn't be the least bit surprised to see the entire millennial generation revolt against the current financial system. Th
254.
by jb775 6y ago
So in other words, you change the definition of "protesting" based on if it aligns with your personal political viewpoint. They should add this comment in the dictionary under the definition of "cognitive dissonance".
255.
by jb775 6y ago
The great thing about the First Amendment is that people's rights don't end based on the opinion of one ignorant person. And the great thing about the Second Amendment is that it exists to protect the First Amendment, because the
256.
by jb775 6y ago
Would be interesting to look at smart watch data to see actual averages. You can tell when a person is sleeping by watching their motion activity (obviously) in combination with a drop in heart rate.
257.
by jb775 6y ago
Just read this over, many major topics of the book aren't addressed here such as improved memory & brain function, improved reaction time, reduction of Alzheimer's(by sleep flushing the brain of certain toxins consistently lin
258.
by jb775 6y ago
I recently read "Why we sleep" by Matthew Walker (pretty good book overall). He provides evidence that states the ideal amount of daily sleep is between 7-8 hours. Any more or less is detrimental to overall health.
259.
by jb775 6y ago
I'd think 6.5 hours is above or close to the average amount of sleep most people get.
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by jb775 6y ago
This wasn't "going down", it was active blocking of specific stocks because RH exposed themselves to massive risk by assuming the hedge funds they were pimping their customers out to would never be swiftly bankrupted. RH was
261.
by jb775 6y ago
The CEO of Nasdaq is owned by those hedge funds. Just like Janet Yellen is owned by them[1]. Halting trading would cause the price to plummet, and the Hedge funds would save billions. THIS is why they're calling for a trading halt. ht
262.
by jb775 6y ago
I do have an axe to grind considering many of these people had the opposite reaction when it favored their leftist politics.
263.
by jb775 6y ago
Ah the classic "How dare you" response when being called out for hypocrisy.
264.
by jb775 6y ago
My point is related to the general consensus of HN over the past few weeks giving a pass to companies (Twitter/AWS/Facebook/etc) for taking extreme partisan political actions (e.g. banning Trump from Twitter, shutting down Pa
265.
by jb775 6y ago
I'm not comparing RH to Twitter, I'm comparing a private business' decision to a private business' decision, per your logic on the Twitter situation (banning any loud right-wing person). Time will tell if RH actually did
266.
by jb775 6y ago
Yes, but that still has absolutely nothing to do with a private company having the right to make their own business decisions. The ACTUAL different is that since it doesn't cut across political lines, you want to treat the situatio
267.
by jb775 6y ago
Serious question: Since Facebook is a private company, does the "if you don't like it, you can build your own platform" argument apply here? Or does that only apply selectively when it benefits partisan politics? The RobinHoo
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by jb775 6y ago
FYI by your own logic, you have no right to be upset about the RobinHood GME situation. Per your own logic, RobinHood is a private company, and they can do whatever they want...If you don't like it, you can build your own RobinHood!
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by jb775 6y ago
Serious question: Since RobinHood is a private company, does the "if you don't like it, you can build your own platform" argument apply here? Or does that only apply selectively when it benefits partisan politics? This is the
270.
by jb775 6y ago
Time for everyone to cash in their 401k's (aka the system where the middle class gives their life savings to the elites). If there's this level of blatant corruption, who really thinks they won't get screwed out of their reti

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