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  1. CharminTide

    Russia invades Ukraine (pt II)

    https://www.axios.com/us-cuts-off-russia-central-bank-sanctions-78f1b7e2-0d4f-4734-971e-e1a17140ff32.html
  2. CharminTide

    Russia invades Ukraine (pt II)

    It has, but I come with memes.
  3. CharminTide

    Russia invades Ukraine (pt II)

    The Moscow exchange won't open today and has banned all sell orders by foreigners. Russia's central bank just raised interest rates from 8.5% to 20%. Yikes. Also: hi y'all. 👋 Been a while, but nothing like a global crisis to bring everyone together.
  4. CharminTide

    The GME Story: Hedge Funds vs Little Guys

    https://www.cnbc.com/2021/01/29/sec-reviewing-recent-trading-volatility-amid-gamestop-frenzy-vows-to-protect-retail-investors.html
  5. CharminTide

    The GME Story: Hedge Funds vs Little Guys

    Good read. "This is where society will ultimately come down, of course, uniting to denounce $GME as financial Trumpism, even though it actually comes closer to being an updated and superior version of Occupy Wall Street. It’s likely not any evil manipulation scheme, but ordinary people acting —...
  6. CharminTide

    The GME Story: Hedge Funds vs Little Guys

    It's not just that. Circuit breakers are triggered all the time, and all activity on a stock is temporarily halted. But that isn't what happened. Institutions could still buy and sell freely. But most normies could only sell today, not buy. Markets depend on a free exchange, and when one side...
  7. CharminTide

    The GME Story: Hedge Funds vs Little Guys

    This is true. But what RH and a few other brokerages did today was just a blatant illustration of a rigged market. It's one thing to play the game when you know you're at a disadvantage. It's quite another to play when you know the house is dealing seconds.
  8. CharminTide

    News Article: The strange but true reason why GameStop's stock keeps surging

    In their defense, Robinhood probably lost a lot of users today. I saw estimates that as many as half of their users held some position in GME (which is bonkers if true). They're being raked over the coals on social media, and I'm not sure their PR is strong enough to recover before the IPO. And...
  9. CharminTide

    The GME Story: Hedge Funds vs Little Guys

    I'm way out of my element here, so I may be entirely off base. But it's been upsetting to watch the market today, even from the sidelines. I've never paid enough attention to see a short ladder attack in action -- basically hedge funds selling positions back and forth to artificially drive down...
  10. CharminTide

    The GME Story: Hedge Funds vs Little Guys

    Yeah. Not sure how it's anything other than overt market manipulation. Also not sure how RH survives alienating their core userbase right before their IPO. For those unaware, RH only allowed sell orders for a handful of stocks this morning (notably, GME). You couldn't buy it. Which drove down...
  11. CharminTide

    The GME Story: Hedge Funds vs Little Guys

    I wouldn’t go so far as to say that margin investing or shorting are inherently bad, but shorting more stocks than are available to trade *is* bad. (and actually illegal, but rarely enforced because the SEC and Hedge Fund managers belong to the same golf club) All Reddit did was identify naked...
  12. CharminTide

    The GME Story: Hedge Funds vs Little Guys

    Note that this is A STORY and not to be taken as a financial recommendation. I'm laughably unqualified for that. But this whole retail investor vs. hedge fund saga is fascinating to me. For those who haven't been paying attention to this story, a notorious subreddit (a weird mix of financially...
  13. CharminTide

    Second Impeachment of Trump

    “The last time the Senate convened, we had just reclaimed the Capitol from violent criminals. The mob was fed lies, they were provoked by the president and other powerful people... But we pressed on. We stood together and said an angry mob would not get veto power over the rule of law in our...
  14. CharminTide

    COVID-19 Vaccine Issues and New Poll

    Basically the same experience for me with Pfizer.
  15. CharminTide

    COVID-19 Vaccine Issues and New Poll

    ~24hrs later and no noticeable side effects. I will say that the injection site is more sore than any other vaccination I've ever gotten, so choose your shoulder wisely.
  16. CharminTide

    Second Impeachment of Trump

    The GOP’s nightmare scenario would be Trump running as an independent in 2024. It’s in their own interests to prevent him from ever holding office again.
  17. CharminTide

    COVID-19 Vaccine Issues and New Poll

    Just got my first dose of Pfizer’s vaccine. Will give y’all a 24hr update.

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