Damn this is #1 on /all now
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there will be no good guys in this story. we just gotta remember scumbags are not as bad as ghouls.
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The brokerage houses are smart enough to make sure they always have enough collateral supporting the margin, since no one got time to be chasing you down.
to the moon
I joked about buying some Dogecoin today, two of my friends did. Went from .015 to .045 for a nice triple up so far. Aghhh. Time for meme coins!
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Still in for 100 CLVS. Made $1.66 today! Just a one-piece for tonight, but tomorrow
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The events of today will be the tipping point for crypto and DeFi.
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my boss had a limit order at $.009 for like $10,000 worth of dogecoin that executed before he woke up today. lol.
I think the screenshot was a photoshop, don’t believe that headline was real
Google deleted a bunch of RH 1 star reviews.
Definitely don’t go and give it another 1 star review.
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Give a two star review, they probably won’t delete that.
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Is there any economic or social value to high frequency trading? Isn’t it 100% rent seeking?
Can a case even be made it is good in any way?
This is the topic of the “Sell me on the Stock Market” thread.
So far it seems it’s OP @All-InFlynn has yet to be convinced of its goodness.
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Yacht building jobs are created
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This is probably just me and my 12 year old brain, plus it doesn’t really make sense, but this still made me chuckle.
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Iirc the argument for it is something like it makes for smaller bid-ask spreads, which saves every transaction more than they skim.
If most of the short positions covered the only way this happens is with dumb money trying to get in on a trend that ended today. No?
If you think they are rigging the rules against retail investors on GameStop, wait until you see what happens if they decide bitcoin is an actual threat to the government currency monopoly.
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If it happens the trend hasn’t ended but yeah.