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Agreed. In basic theory, the case fatality rate should start falling dramatically over the next several weeks as more & more people from the at-risk categories get vaccinated. We should start seeing some glimmers of light towards the end of the tunnel.

We'll see what happens. The US is contracted to purchase 600 million doses of vaccine from Pfizer & Moderna, and another 500 million doses from Johnson & Johnson, AstraZeneca, & Novavax once they get approved. My guess is that everyone in our country that wants the vaccine will be able to get it...

1. There are approximately 328 million people in the US. 2. The WHO estimates that 65-70% of the population will need immunity prior to reaching herd immunity. 3. There have been 28.5 million confirmed cases. (We know the real number is much higher.) 4. More than 40 million people have already...

You really have to wonder how many large funds have people planted inside Wallstreetbets and Stocktwits to push things in their favor. I don't know how the SEC can regulate things like this.

Here's my understanding of what's happening: GME has approximately 70 million shares outstanding. The vast majority of those shares have been borrowed and sold to someone else. Many of those shares have been borrowed and resold again. That's how you end up with an institutional ownership of...

Person A owns 70 million shares of GME. Person B borrows those shares through short selling and sells them to Person C. Person A & C are now long 140 million shares, or 200% of shares outstanding.

https://www.investopedia.com/ask/answers/07/institutional_holdings.asp How Can Institutional Holdings Be More Than 100%? Here's an example of one of the most likely causes of distorted institutional holdings percentages. Let's assume Company XYZ has 20 million shares outstanding and Institution...

I bet that a lot of people said the same thing in the late 90's. I don't think that fundamentals are as important as they used to be, but disregarding them completely is probably a mistake unless you're just daytrading. I saw someone post yesterday that they had been an investor for a grand...

Wallstreetbets doesn't care about fundamentals.

https://www.taxpolicycenter.org/briefing-book/what-reconciliation Reconciliation legislation is passed through an expedited process. First, Congress passes a budget resolution containing “reconciliation instructions” telling congressional committees how much they need to change revenue and...

As crazy as it sounds, this seems like the most plausible explanation. Why would anyone else set off a large bomb outside of an AT&T building while actively trying to ensure that no one got hurt? This is one of the craziest terrorist attacks I've ever seen.

CDC estimated infection fatality rate by age group: 0-19: 1 in 33,333 20-49: 1 in 5,000 50-70: 1 in 200 70+: 1 in 19 The average age of an inmate in our country is 36. I don't have a problem with prioritizing them over our non at risk population because of their cramped quarters, but...

It's my understanding that Moderna's vaccine hasn't been approved yet, but approval was recommended by the advisory committee overseeing it. Full approval and emergency use authorization from the FDA could happen within 24 hours though.

It sounds like Moderna's vaccine could receive emergency use authorization from the FDA within the next 24 hours. https://www.nbcnews.com/health/heal...a-s-covid-19-vaccine-bringing-second-n1251552 Members of the Vaccines and Related Biological Products Advisory Committee voted 20 to 0 in favor...

I can't really argue with you until the actual language of the bill is released, but I'll be shocked if social media companies aren't allowed to remove hate speech. I know that it's protected by the First Amendment, but I just can't see that happening.

Social media companies are allowed to set and enforce their own rules. I've got not problem with them removing content posted by Trump if he breaks their rules. What I've got a problem with is when they don't apply their rules evenly to everyone in an attempt to shape the content published on...

Section 230 allows companies to remove obscene content. They'll still be able to enforce their rules. They just won't be able to use algorithms and moderation to shape content beyond that. This would be a total win for anyone that want to see freedom of speech on social media platforms.

From the release: H.R.8922 ,the Breakup Big Tech Act of 2020 would take away legal immunity from interactive computer service providers that engage in certain manipulative activities, including social media companies who act as publishers by moderating and censoring content. The full text of...