Lol
https://twitter.com/jackowest_3/status/1354948238139383812?s=21
6 Likes
It’s date night at the Cruz house. He and Heidi are spinning Burt Bacharach LPs.
5 Likes
so is that it done
No way Cruz is cool enough to spin Bacharach.
Shorting something and then just going bankrupt when you can’t pay sounds like a freeroll.
1 Like
If anyone is truly looking for a gamble there is an AOC Stonk and it’s trading at 15c with tiny volumes. Any kinda memeing and this one should move.
3 Likes
Edit to: New Christy Minstrels
Baaaaack
Cruz listens to Nickleback.
3 Likes
WE CAN HEAR ALEXIS
This front running story still doesn’t make sense as an explanation for crazy price increases.
I buy the short squeeze explanation, I do not buy the front running explanation. The HFT firms make fractions of pennies per share front running.
They make more than that, according to a Reddit post. Like $5 for a 100 share trade, and higher for higher share volumes. And the investor gets screwed. What Alexis just said.
When I give my wife her IVF shot every night (and morning for that matter) I always do a 3 - 2 - 1 countdown and then say a funny word at the stabbing time to make her laugh. I went with “stonks” today.
20 Likes
Right. Front running can generate big dollars if the volume is large, but its very nature (immediate open and close a position) means no net impact on price.
Here’s the Reddit link that has info on the scandal, claiming that they are effectively giving the customer a worse price and keeping the extra spread.
https://www.reddit.com/r/wallstreetbets/comments/l736id/dirt_on_robinhood_citadel_collusion/
Jumped in Doge after work to hold gamble my GME money overnight before tomorrow. Up 72%, tempted to hodl, but fully expecting it to crash by the time I wake up.
Edit: 30 min later it’s pushed to 140%. This is dumb. Sad I only dropped a 2004 Party Poker 25nl roll on it.
4 Likes