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there is nothing insightful about his rant. In fact it’s full of misinformation.

high fee means it’s expensive to borrow the stock. low fee means it’s easy to borrow the stock. why a stock can be high fee is for many reasons.

robinhood did raise billions the other night. I got the sense it was a short term loan. I don’t read zerohedge (this is the first time in many years). I think the facts were right but their conclusions are wrong. Robinhood isn’t going under or going to get bought out.

the zerohedge article is saying that robinhood has run out of cash to put up at the clearing houses.

To the Wall Street betters. ontario teachers pension owned 16percent of MAC. They sold it to the autists for 20/share.

One day.

I think the assumption is actually log normal returns - so that stock won’t go below zero but will asymptotically approach it.

you know how share prices work, don’t you?

I never got why people liked that movie. A lot of it was over the top. and all my banker friends idolized a guy who was shown to be the villain in the end.

in poker, the rules and information fog are well defined. in trading the rules and information fog are not well defined. Your poker skills won’t train you to process this.

The fact that robinhood needed to raise billions of dollars highlights the operational problems (vs the risk problems) the gme trading action caused.

Even with increased margins the stock was moving around so much that it could be worth 100 or 500 in a day. further for every long call, there is a short call. The numbers got too big and the volatility too high. think 3mm options represent 300mm shares on a stock moving 100 dollars in a few...

It has been clearly explained why trading was blocked. Most places are unblocking it now.

the action in GME was unstable. The broad market selloff yesterday and the bid to vol yesterday was attributable to contagion from GME and the other stocks. KOSS has no business being worth 800MM. GME is moving $100/clip. No one has any idea what their position and risk is. It was becoming a...

no issues except some mild slowness on some of the more volatile halts in gme.

bill gross did the same thing in a cheapest to deliver situation on a bond future.

I assume tucker blamed Obama for the gme rally or gme rally is proof that there was election fraud.

I doubt the SEC can prove that one or a small group of individuals had the intent to manipulate the market. Engineering s short squeeze is not illegal btw.

it definitely undermines fair and orderly markets but it’s not with the intent of defrauding people or market manipulation. A million people talking about a stock is no different than one guy in CNBC talking about it.

my first job was working at babbages.