BC TRADING
Saved by @ThomassRichards

>more than half of all robinhood users own some gamestop stock
Okay, this is starting to make sense, I'm about to do a massive infodump in the comments, get ready folks.

 The tl;dr is this: Melvin Capital made an overleveraged short on gamestop last week which was floated to 140% of all available shares. Since xmas GME has been doing well thanks to console releases and so on. Few days ago, a new CEO from Chewys got on board and price 2x to $40
A user on reddit, deepfuckingvalue had been holding it and buying various pulls on the stock since last year as a YOLO option with a possible initial investment of $56,000. It has since ballooned to tens of millions if he sells it at all.
So, with that redditor being popular last week as well as the leveraged shorts that Melvin explicitly went on youtube/social media to call resulted in WSB jumping on them for even daring to short it. As such, media attention started to pop up and speculation happened.
On Friday, the 21st, a gameplan was made to pump the stock up to initiate the beginning of a short squeeze and prevent the shorts from profiting for melvin & citron (another hedge fund that also shorted GME). For whatever reason, the stock price jumped up to $69 at EOD.
From there, rampant speculation and info sharing started to leak out from the subreddit/4chan's /biz/ board. People learned about the short squeeze, saw what happened with volkswagen back in 2008, and had a massive fear of missing out as a result. Come Mon-25th, price opens @ 93.
The stock price just keeps inflating and more meme stocks get thrown around (AMC, BBY, BB, NAKD, etc) as a collective lulzy troll effortpost to fuck up the markets and make an impact. Melvin then takes a FURTHER loan to short the stock out even more on tuesday 26th 4th time short
But here's the twist. He takes out a multi billion dollar loan from none other than Citadel and Point 72. https://t.co/Gh0jClJxIK

Citadel makes money from the metainfo from robinhood app (that's why there's no commissions)
https://t.co/DIIvSa3Kty
So these two giants colluded behind scenes to consolidate their collective short/bet for "reasons" on TUESDAY. After markets close, ELON FUCKING MUSK tweeted about the subreddit and the story breaks. Everyone and their mother is hyped for a chance to punch wall street.
So, that's what happened on Wednesday. The stock price BALOONED and held there all day. Lots of crying and shitting and news coverage happened as a result and people were celebrating at how the little guy just might punch the fat cats on wall street with our collective influence
This morning, on Thursday, robinhood and ALL OF THE OTHER RETAIL STOCK TRADING APPS prevented ANYONE from buying GME/AMC&other meme stocks due to "volatility and protecting everyone's best interests :^)" You can sell though *wink wink* >:^D
As such, we saw GME hold for a little bit, but it's since been plummeting and swinging wildly. IF SOMEHOW people can still hodl their stocks and keep the price high, the hedge funds will have to eat absolute shit on Friday as they're forced to continually buy ON THROUGH NEXT WEEK
There's a VERY strong chance reddit/discord/average joes will be the scrapegoat holding the bag at the end of all of this, but if we continue to make moves in the markets (by buying silver which is sorted and will hurt the MAJOR BANKS a lot rather than hedge funds) shit will flow
But here's the outrageous and dangerous rub. The federal government is watching us. The other week, the new Secretary of Treasury, Janet Yellen (gets paid millions to speak 2 WS btw) said they're "considering taxing unrealized capital gains" including "cryptocurrencies)
https://t.co/Yh1mTCeLnn
Here's the link for that exact quote.

If this tax gets passed as a way for the federal government to say "see, we did something for the little guy, we taxed wall street :^)" what will really happen is WS will find loopholes and RH users will pay BIG TAXES
So THANKS BIDEN! THANKS JANNY YELLEN! THANKS WALL STREET! THANKS US GOVERNMENT! THANKS FEDERAL RESERVE! WOWEE WHAT A GREAT FINANCIAL SYSTEM WE HAVE HERE FOLKS, WE SURE DO LOVE OUR GREENBACKS DON'T WE?! MMM OIL BACKED DOLLARS PRINTED OFF GOING BRRRR BETWEEN FED TO BIG BANKS & BACK
So, when all the bets are off the table, when we get banned from social media platforms, when we take action against symbolic institutional buildings of power, when our mom&pop businesses, restaurants and main streets are closed due to covid, when we can't afford rent -
and only get a $1,200 and $600 check from the federal government and told to wear our masks and comply... People take radical action and effectively terrorize the system as a result. Final message: HODL LINE BIG GUYS! WE WILL NOT BEND OUR KNEES! BREAK THE SYSTEM'S BACK
Oh yes, one final post script: Read this thread as well, it's got some intriguing information. This green text explicitly explains just how much damage this play could have on the system if we continue to hodl.
https://t.co/7hmlhOCf7f
COMPOUND INTEREST AND USURY IS A BITCH INNT?
Archived threadreader just in case.
https://t.co/Tkmzt5v0Ra
https://t.co/e8TtFz9PqB
BREAKING NEW DEVELOPMENT. FROM A SOURCE INSIDE THE SECRET WSB DISCORD SERVER. ROBINHOOD IS "glitching" AND PLACING SELL ORDERS ON $GME WITHOUT USERS CONSENT. THEY CANNOT CANCEL ORDER.
>he didn't read the EUA
Updates: Possible collusion between WH and Robin Hood.
https://t.co/sQxTjEabhm
Webull opens up buys for Gamestop stocks
https://t.co/y6Y5PPRktP
But they're a Chinese owned company.
https://t.co/rFuTmA2nVX

This is getting spicy AF.
For legal reasons all of the information contained in this thread is merely speculation, farcical news reporting, and pop culture reference. None of this is financial advice.
"For legal reasons, that's a joke / For legal reasons, that's a joke" -Pewdiepie
Janet Yellen has taken money for speaking engagements with Citadel, the same firm that loaned out for a short sell on gamestop and holds interest in Robin Hood
https://t.co/myEjTC7SxA
See item 29.

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A thread on Trend-lines


// What are trend-lines?

Trend-lines are support and resistance lines which are formed by connecting Important swing points.

The beauty of using them is that We can use them when stock is not Respecting the Horizontal S&R zones, they can indicate us when the trend may change.

// Things To consider while Making trendlines?

• A trendline formed by using 3 Major-Swing points is a potential trendline, But we will also use 2 points to form a trendline, will discuss how, as you read further.

• Trendline can be formed by two ways-

1. Wicks-

In this method we only connect the wicks to make a trendline, this is a precise way of making a trendline.


// Why only connect the wicks?

There are two type of levels - Precise and Less precise (Which we call zones).

So what we are doing is by only connecting the wicks we are making a precise level where we can take trades, either Mean reversion or Breakout trades.

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Vikrant
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Trendline is basically use for majoring trend 📈 of any stock.

It is also useful for indentify demand & supply ....

Here it's applications 👇

➡️It is formed when a diagonal line can be drawn between a minimum of three or more price pivot points.

And that all three points must tested equally.

example 👇 #sis


➡️ Trendline is mainly useful for identifying trend 👇

⚡Uptrend - #happiestmind

⚡Downtrend - #bluedart


➡️ It is also useful for support & resistance.

Ex - ⚡ #happiestmind

⚡ #omaxe


➡️ If three point 📍have not be touched clearly then it is wrong ❌

Ex - ⚡ #bluedart

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My number 1 stock pick for 2021 is: Pine Island Acquisition Corp.

$PIPP

Let me break down why I think this will be THE SPAC of 2021. 👇

TL:DR – the management team is loaded with President Biden’s closest friends and advisors. No other SPAC has this level of access.

$PIPP company overview:

-focused on defense, government service & aerospace
-perfect focus when you consider who is on their Management Team


$PIPP Management

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$PIPP Insane Management Connections

-the list of PIPP "DC Partners" includes:

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$PIPP - The Joe Biden Connection

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As a former professional poker player, I'm very clear about the importance of psychology in investing/trading.

You can have a very solid strategy, but if the mental aspect fails, everything fails, no matter how good you are.

Thread 👇

In this thread I will briefly describe the most important aspects of trading psychology, and give some simple tips to try to improve them.

It's good to always be aware of these aspects, to be able to detect them and act in time.

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This is one of the most important. It can make you get out of a position at the wrong time.

One of the main reasons you can have fear is because you are putting more at risk than you are willing to lose.

Tip: reduce the size of your position until you are comfortable.

2) GREED

Greed can be even worse than fear. It leads you to be overpositioned and to destroy your average entry.

Tip: learn to conform to what you have. Practice gratitude for everything that comes your way. Remember that the most important thing is to stay in the game.

3) TILT

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Tilt takes you away from your perfect strategy. From your A game.

After a losing streak you may think that the market is being unfair to you.
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Collaborated with @AdityaTodmal

1/ Trading journey of Mr. Pani

• He has an experience of 7 years.

• He has made a profit of Rs. 20 cr. over these years with a capital of Rs. 2 cr.

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• More difficult, is to retain those profits and build more on it.

2/ How he ventured to options selling

• He started with futures and option buying however after a certain point when his capital grew, he faced scalability issues and hence he resorted to options selling.

3/ Investing becomes imp once the capital grows:

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• For folks who dnt have much info regarding investing can simply buy Nifty 50 stocks & keep rebalancing as Nifty 50 does.

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MAKE PRODUCTS.

Courtesy of @edbrisson's wonderful thread on breaking into comics – https://t.co/TgNblNSCBj – here is why the same applies to Product Management, too.


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A long🧵that u must read

In desperate times, great men come forth. Those men who are ready to sacrifice all of their lives work for a single cause.

Baji Prabhu Deshpande is one such man.

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Battle was between the Maratha Warrior Baji Prabhu Deshpande and Sidi Masoud of Adil Shahi Sultanate.

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And while everyone is thinking that finally the Maratha king will be subdued, Shivaji planned to escape to the fort of Vishalgadh. It was administered by a Maratha chieftain named Range Narayan Orpe under Shivaji.

3/25

For months the siege warfare continued as Shivaji made sure that the food source of the Besieging army drops down, due to which they will initiate a general assault on the castle.

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Shivaji, Baji Prabhu, and around 600 of their best troops, hardened mountaineers of the Maval region, would dash through the Adilshahis force at night.

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राम-रावण युद्ध समाप्त हो चुका था। जगत को त्रास देने वाला रावण अपने कुटुम्ब सहित नष्ट हो चुका था।श्रीराम का राज्याभिषेक हुआ और अयोध्या नरेश श्री राम के नेतृत्व में चारों दिशाओं में शन्ति थी।
अंगद को विदा करते समय राम रो पड़े थे ।हनुमान को विदा करने की शक्ति तो राम में थी ही नहीं ।


माता सीता भी हनुमान को पुत्रवत मानती थी। अत: हनुमान अयोध्या में ही रह गए ।राम दिनभर दरबार में, शासन व्यवस्था में व्यस्त रहते थे। संध्या को जब शासकीय कार्यों में छूट मिलती तो गुरु और माताओं का कुशल-मंगल पूछ अपने कक्ष में जाते थे। परंतु हनुमान जी हमेशा उनके पीछे-पीछे ही रहते थे ।


उनकी उपस्थिति में ही सारा परिवार बहुत देर तक जी भर बातें करता ।फिर भरत को ध्यान आया कि भैया-भाभी को भी एकांत मिलना चाहिए ।उर्मिला को देख भी उनके मन में हूक उठती थी कि इस पतिव्रता को भी अपने पति का सानिध्य चाहिए ।

एक दिन भरत ने हनुमान जी से कहा,"हे पवनपुत्र! सीता भाभी को राम भैया के साथ एकांत में रहने का भी अधिकार प्राप्त है ।क्या आपको उनके माथे पर सिन्दूर नहीं दिखता?इसलिए संध्या पश्चात आप राम भैया को कृप्या अकेला छोड़ दिया करें "।
ये सुनकर हनुमान आश्चर्यचकित रह गए और सीता माता के पास गए ।


माता से हनुमान ने पूछा,"माता आप अपने माथे पर सिन्दूर क्यों लगाती हैं।" यह सुनकर सीता माता बोलीं,"स्त्री अपने माथे पर सिन्दूर लगाती है तो उसके पति की आयु में वृद्धि होती है और वह स्वस्थ रहते हैं "। फिर हनुमान जी प्रभु राम के पास गए ।
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Amit Schandillia
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[THREAD: HISTORY OF THE HINDU TEMPLE]
1/102
Four hours south of Aswan in Lower Nubia, right by the Nile, is a region dotted with temple complexes built more than 3,000 years ago. Some like the temples of Amada, Derr, and Beit el-Wali go as far back as 1500 BC.


2/102
A little further south, not far from the border with Sudan, is another complex dedicated to Ramses II, Hathor, and Nefertari in the village of Ipsambul, better known locally as Abu Sunbul and internationally as Abu Simbel. These go back to the 13th century BC.


3/102
Djeser-Djeseru, also known as the mortuary temple of Hatshepsut in Upper Egypt also dates to 1400 BC. Over 500 years older is the nearby Mentuhotep II, also a mortuary temple. Both were dedicated to the cult of Amun Ra, besides their respective pharaohs.


4/102
Far older is the Ġgantija complex of Malta. Going as far back as 3600 BC, this one comprises of two temples entirely made of stone and enclosed in a stone wall. From the figures therein, it's understood to be a site of some kind of a fertility cult worship.


5/102
Dating from the same period are the limestone megaliths of Ħaġar Qim and Mnajdra, both said to have once hosted ritualistic sacrifices as part of the same fertility cult worship as found in the Ġgantija complex. Malta has some of the oldest temple complexes in Europe.
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Christina Warren
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A brief thread on Jovan Hutton Pulitzer, the crazy con man who is now claiming to have hacked into the Georgia voting machines in Fulton County. 90s kids and tech aficionados might remember Jovan as the inventor of the CueCat, the dumbest gadget of all time.

Also, for anyone who wants to claim that Jovan Hutton Pulitzer (not his given name, but one he changed legally after the CueCat debacle) invented QR Codes: he did not. Like that other right-wing crazy man who claimed to have invented email, Jovan didn’t invent QR Codes.

He did invent the CueCat, a product that somehow raised $185 million dollars for a tethered barcode scanner for magazines and newspapers, so you could get ads from your ads. As I said, the dumbest product of all time. Good backup barcode scanners after they were hacked, however

Oh, that’s another thing. When CueCat was a thing, its systems were hacked. I guess that’s what makes Jovan a security expert. His bankrupt company from 20 years ago was hacked and widely mocked. He’s a genius.

In recent years, Jovan pivoted to being a treasure hunter who was featured on and widely mocked on Curse of Oak Island, because the man is insane.
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