Originally posted by dxmnkd316
View Post
Announcement
Collapse
No announcement yet.
Business, Economics, and Taxes: Capitalism. Yay? >=(
Collapse
This topic is closed.
X
X
-
Originally posted by LynahFan View Post
Yes, the average is readily available - my bet also rests on the standard deviation, so I need all the individual values to compute that.
I was going to do the price to book this weekend but maybe I’ll see if I can get a spreadsheet to pull both. It won’t be pretty.Code:As of 9/21/10: As of 9/13/10: College Hockey 6 College Football 0 BTHC 4 WCHA FC: 1
Originally posted by SanTropezMay your paint thinner run dry and the fleas of a thousand camels infest your dead deer.Originally posted by bigblue_dlI don't even know how to classify magic vagina smoke babies..Originally posted by KeplerWhen the giraffes start building radio telescopes they can join too.
Comment
-
Originally posted by dxmnkd316 View Post
I vaguely recall you mentioning this bet before.
I was going to do the price to book this weekend but maybe I’ll see if I can get a spreadsheet to pull both. It won’t be pretty.If you don't change the world today, how can it be any better tomorrow?
Comment
-
Originally posted by dxmnkd316 View Post
the plutes always win
I was wondering why GME dropped to the mid 200s"The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984
"One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir
"Good news! We have a delivery." Professor Farnsworth
Comment
-
Originally posted by LynahFan View Post
No rush. TSLA P/E is hanging around 1600, so I haven't gotten serious about even trying to do the calculation yet...."The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984
"One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir
"Good news! We have a delivery." Professor Farnsworth
Comment
-
Originally posted by St. Clown View Post
Robinhood de-listing the stocks makes a lot of sense. This keeps the rubes from losing their shirts while the people starting the rallies make out huge. Sure, the big-money guys running the shorts against the stocks are protected, but they're also theoretically saving scores of hundreds or thousands of people who don't understand the lifecycle of these sorts of events.
What exactly constitutes "market manipulation"? When the wrong people win?Cornell University
National Champion 1967, 1970
ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020
Comment
-
Originally posted by BassAle View Post
I've been following WSB for a while, and I've been a subscriber on and off (but mostly lurker) for a couple years.
I think it's totally organic. WSB has evolved quite a bit over the time I've been following. First it was just some people posting their YOLOs (you only live once). Some would roll one YOLO into another and turn a few thousand dollars into enough to buy a house. There were plenty more that blew through all their YOLO money (probably way more, when you figure a lot of them probably didn't post). Then there was the "meme stock" era. Things got crazy during the Covid-19 crash -- people were rolling one put options play into another and getting rich in a few weeks. What's happening now is crazy, but I don't think anyone is behind it (although I don't really doubt there are some bots posting in WSB trying to influence the group and turn them onto certain stocks). GameStop really started with one guy noticing the short positions and making the case for betting against (and screwing) the shorters. That guy has turned his $50K gamble into something like $45M now (he's cashed out some options and shares for $14M total, but the rest is still riding I think)
These meme stocks always end with a bunch of late comers holding the bag.
To do this stuff right it takes money, way more than the average stoner in his mothers basement will have. The game they are playing is high level gambling, like the guys who make hundreds/thousands of bet in Vegas every day. (there is a great doc about them on Showtime that is very enlightening) Difference is though these guys arent as insular as far as I can tell (it is tough to say they would be since they broadcast it on SM) they need other people to be part of the game or it won't work. Sports gambling you don't want others to know because the more people make the bet the more it screws up the odds. (unless you are trying to fudge the odds of course)
What little I have read about the "meme stock" stuff just gave me Madoff vibes."It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
-aparch
"Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
-INCH
Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
-ScoobyDoo 12/17/2007
Comment
-
Originally posted by Handyman View Post
Soooooo...not a bunch of 19 year olds spending their stimulus money? No way! ;^)
To do this stuff right it takes money, way more than the average stoner in his mothers basement will have. The game they are playing is high level gambling, like the guys who make hundreds/thousands of bet in Vegas every day. (there is a great doc about them on Showtime that is very enlightening) Difference is though these guys arent as insular as far as I can tell (it is tough to say they would be since they broadcast it on SM) they need other people to be part of the game or it won't work. Sports gambling you don't want others to know because the more people make the bet the more it screws up the odds. (unless you are trying to fudge the odds of course)
What little I have read about the "meme stock" stuff just gave me Madoff vibes.
It's sort of like if we tried to do it here in Cafe. There would be maybe two people who would really know what they are doing, and the rest of us would be like, "hey that sounds like a hoot, count me in."That community is already in the process of dissolution where each man begins to eye his neighbor as a possible enemy, where non-conformity with the accepted creed, political as well as religious, is a mark of disaffection; where denunciation, without specification or backing, takes the place of evidence; where orthodoxy chokes freedom of dissent; where faith in the eventual supremacy of reason has become so timid that we dare not enter our convictions in the open lists, to win or lose.
- 1 like
Comment
-
I would bet your ratio (even as hyperbole) is way off. It isnt like Kepler is on here saying "Hey guys lets all bet $50 on Cornell to win the Title!" this has a significant investment.
Plus I am willing to bet that WSB is not filled with a bunch of randos...sure a lot will be casuals but I bet even they do enough research to at least understand the game they are playing.
I guess Bassale would be able to tell us better the makeup of WSB since none of us seem to want to go there and find out ;^)"It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
-aparch
"Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
-INCH
Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
-ScoobyDoo 12/17/2007
Comment
-
Originally posted by Handyman View Post
Soooooo...not a bunch of 19 year olds spending their stimulus money? No way! ;^)
To do this stuff right it takes money, way more than the average stoner in his mothers basement will have. The game they are playing is high level gambling, like the guys who make hundreds/thousands of bet in Vegas every day. (there is a great doc about them on Showtime that is very enlightening) Difference is though these guys arent as insular as far as I can tell (it is tough to say they would be since they broadcast it on SM) they need other people to be part of the game or it won't work. Sports gambling you don't want others to know because the more people make the bet the more it screws up the odds. (unless you are trying to fudge the odds of course)
What little I have read about the "meme stock" stuff just gave me Madoff vibes.
I think the stuff with the phone brokerages will be another thing to rile people up and cause consternation.Originally posted by BobbyBrady
Crosby probably wouldn't even be on BC's top two lines next year
Comment
-
Originally posted by St. Clown View Post
Robinhood de-listing the stocks makes a lot of sense. This keeps the rubes from losing their shirts while the people starting the rallies make out huge. Sure, the big-money guys running the shorts against the stocks are protected, but they're also theoretically saving scores of hundreds or thousands of people who don't understand the lifecycle of these sorts of events.
Rumor is that Citadel (the same Citadel that bailed out Marvin Capital) fills orders made on the Robinhood platform and they're the reason it's delisted. If so, that seems like a pretty big conflict of interest.
Comment
-
Originally posted by Kepler View Post
Mark Cuban thinks RH delisted because the shorters no longer had the ability to cover and brought the hurt.
What exactly constitutes "market manipulation"? When the wrong people win?U-A-A!!!Go!Go!GreenandGold!
Applejack Tells You How UAA Is Doing...
I spell Failure with UAF
Originally posted by UAFIceAngelBut let's be real...There are 40 some other teams and only two alaskan teams...the day one of us wins something big will be the day I transfer to UAAOriginally posted by Doyle WoodyBest sign by a visting Seawolf fan Friday went to a young man who held up a piece of white poster board that read: "YOU CAN'T SPELL FAILURE WITHOUT UAF."
Comment
-
Originally posted by Kepler View Post
Mark Cuban thinks RH delisted because the shorters no longer had the ability to cover and brought the hurt.
What exactly constitutes "market manipulation"? When the wrong people win?“Demolish the bridges behind you… then there is no choice but to build again.”
Live Radio from 100.3
Comment
-
Originally posted by Handyman View PostPlus I am willing to bet that WSB is not filled with a bunch of randos...sure a lot will be casuals but I bet even they do enough research to at least understand the game they are playing.
Comment
-
Originally posted by BassAle View Post
Robinhood delisting also tanks the prices since millions of people can still sell but not buy
Rumor is that Citadel (the same Citadel that bailed out Marvin Capital) fills orders made on the Robinhood platform and they're the reason it's delisted. If so, that seems like a pretty big conflict of interest.
Please, please, please, please, please.
Jesus, the Mets really do destroy everything we touch.Cornell University
National Champion 1967, 1970
ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020
Comment
Comment