BC TRADING
Saved by @SteveeRogerr

(1/25) A number of Silicon Valley investors are putting their money and influence into a campaign to gaslight rape victims into not seeking medical treatment

despite the warnings of top law enforcement officials

and NOBODY is talking about this.

 (2/25) First, a little about me. I used to be a licensed sexual assault crisis counselor, counseling victims admitted to one of three Minneapolis emergency rooms.

After I'd speak to the victim, they'd receive a medical exam from a Sexual Assault Nurse Examiner (SANE).
(3/25) During the exam, DNA and other evidence is collected with a "rape kit" to optionally be used in a civil or criminal case.
(4/25) But collecting evidence is not the ONLY reason to receive an exam.

The victim may also receive:
- counseling (hello!)
- treatment for (potentially invisible) injuries
- medications like Plan B and emergency antiretroviral therapy for HIV prophylaxis.
(5/25) Leda Health, a startup cofounded by Madison Campbell and Liesel Vaidya, is raising money to sell "do-it-yourself" rape kits that wouldn't require a hospital visit

which is possibly the most HARMFUL startup idea that I have ever heard of.
(6/25) Leda Health's marketing is misleading to victims and may cause them to not seek critical and time-sensitive medical treatment.

Furthermore, rape kits in a hospital are protected. There needs to be a strong "chain of custody" or the kit will not be admissible in any court.
(7/25) The problem with any do-it-yourself rape kit is that it is impossible to guarantee that it has not been tampered with.

Such a kit cannot be admissible in court and may harm other efforts to collect evidence.
(8/25) Campbell has repeatedly been misleading about her kits' admissibility in court.

Leda Health used to be called "MeToo Kits" and they were widely panned in the press for both their tasteless name and their nonsensical plan.

https://t.co/LrGgiCaJGK

https://t.co/3rk0rK2sgF
(9/25) These are some victim advocacy orgs have criticized MeToo Kits:

- Minnesota Coalition Against Sexual Assault
- End Rape on Campus
- New York City Alliance Against Sexual Assault
- The Aurora Center (my old org)
- National Alliance to End Sexual Violence
- HAVEN
- CAPPA
(10/25) Governments have also sharply rebuked MeToo Kits:

Michigan Attorney General Dana Nessel issued a cease-and-desist to MeToo Kits under the Michigan Consumer Protection Act--arguing that MeToo Kits "misleads victims."

https://t.co/EO0Xpcx1Q6
(11/25) MeToo Kits received similar responses from attorneys general in Virginia, North Carolina, New York, and Oklahoma--and the Manhattan District Attorney's Office.

https://t.co/P6K9tmoBhU

https://t.co/5dFHnXoiJ5

https://t.co/IhQk5Ffw04

https://t.co/BJhHPp7d74
(12/25) Even members of Congress have responded.

Congresswoman Sylvia Garcia and 15 colleagues sent a letter to Madison and MeToo Kits warning about the medical and legal issues of DIY rape kits.

https://t.co/TPC64uSmuD
(13/25) Campbell never says out loud that victims shouldn't go to the hospital,

but as per the attorneys general and district attorneys, she doesn't have to.

The kits are misleading nonetheless.
(14/25) While victim advocates, law enforcement officials, and members of Congress aren't falling for Campbell's claims, Silicon Valley tech investors are.

Campbell rebranded "MeToo Kits" to "Leda Health" and started raising money.
(15/25) Campbell is also a member of On Deck (https://t.co/iy7yZpmhlp)--a fellowship aimed at training the tech executives of tomorrow.

They just redesigned their website, and Campbell is a featured case study.
(16/25) When MeToo Kits rebranded to Leda Health, they removed information from their new website.

Later, Campbell insisted in an interview that the kits would be "encrypted and backed with blockchain technology."

as if that were the real problem.

https://t.co/3ZTVBDweA7
(17/25) Blockchains are a solution for establishing chains of custody for digital assets like Bitcoin

but they don't solve the chain of custody issue for biological evidence of a crime.
(18/25) The Sexual Assault Nurse Examiner serves as an approximately neutral party and the hospital is physically secure enough to guard against tampering.

DIY kits or "the blockchain" will **NEVER** achieve this, and Campbell is being misleading about this to raise money.
(19/25) It's not clear if Leda Health has pivoted away from selling fake rape kits, but what little public evidence is still available indicates they haven't.

Last August, they applied for a USPTO trademark for marketing rape kits.

https://t.co/iJi2VqBZeq
(20/25) There is also Campbell's Twitter, where she is building the rape kits "in public."

#BuildInPublic
(21/25) But even if they have pivoted,

given Madison Campbell's commitment to selling inadmissible kits

even after being censured by law enforcement officials and members of Congress,

we can't trust her to not break the law in the future.
(22/25) The way to improve the system is to train more Sexual Assault Nurse Examiners and increase the throughput for processing cases.

DIY kits or the goddamn "blockchain" are false flags. Their marketing misleads rape victims and is a danger to the justice system.
(23/25) Law enforcement action against the company, like the cease-and-desist from the Michigan Attorney General, did not stop Campbell from continuing on a path that may harm rape victims and possibly violate US law.
(24/25) This might be a legal fantasy, but I think the only solution is for the government to pierce the corporate veil

and pursue individual criminal charges against founders Madison Campbell and Liesel Vaidya.
(25/25) And for the investors?

They're all people I respect. I hope they aren't mad at me. I'm assuming they just didn't know what they were getting into.

But as a philosopher once said,

the road to... tampering evidence in rape cases... is paved with good intentions.

More from Trading

10-K Diver
10-K Diver
@10kdiver
1/

Get a cup of coffee.

In this thread, I'll help you understand Geometric Expectations.


2/

Imagine we have an investment opportunity.

If the investment goes well, we get to double our money.

But if it goes badly, we'll end up losing three fourths of it.

There's a 50/50 chance of either outcome.

The question: is this a good bet or not?

3/

A simple way to approach this question is to calculate the bet's "expectation".

For every $1 we bet, there are 2 possibilities:

1. The lucky case, where we double our money and end up with $2, and

2. The unlucky case, where we lose (3/4)'th to end up with just $0.25.

4/

Each of these outcomes is equally likely.

So, on *average*, every $1 we put in turns into ($2 + $0.25)/2 = $1.125.

This is a *positive* 12.5% return.

Such bets are called *positive expectation* bets. On average, we expect to *make* (rather than *lose*) money on them.

5/

Suppose we could take many turns betting at these odds.

In any one turn, we could of course lose money.

But because our bet has positive expectation, *over time* we expect to make money.
TRADING
I have to wear shoes? \U0001f339
I have to wear shoes? ...
@migbike
A thread about GameStop:

Big hedge funds made big bets that GameStop’s stock was overvalued. The way these bets work is the hedge fund borrows shares of the stock and sells those borrowed shares.

When it comes time to give the borrowed shares back, they buy them on the market, hopefully at lower prices. For example, they might sell the borrowed share at $50, hoping to be able to buy the share back at $30, to make a $20 profit. This is called shorting.

The hedge funds were so sure that GameStop was going down, that GameStop was the most shorted stock on the market. 140% of the shares in existence were “borrowed.” Imagine Bob borrows from Jane who borrows from Sue who borrows from John.

Shorting is risky, but the hedge funds were so sure that they just didn’t even care. People on Reddit realized this and basically thought “what if we all just bought shares and refused to sell them when the hedge funds need to give their borrowed shares back.”

The price goes up, the hedge funds are forced to buy back the expensive shares and lose money. Except the hedge funds kept doubling down as the price rode up, expecting that it would eventually fall. The Redditors weren't scared off and with "diamond hands" refused to sell.
TRADING
Advertisement
Trader knight
Trader knight
@Traderknight007
A thread on Pyramiding-


What is pyramiding?

In pyramiding we add on to a position when it is going in our direction. Its basically opposite of averaging down.

MOMENTUM - Success of a pyramiding trade depend on this ingredient, the more the momentum the better pyramiding.


There are many way to enter and exit in a stock-

1. ALL IN - ALL OUT
2. ALL IN - SCALE OUT
3. SCALE IN - SCALE OUT
4. SCALE IN - ALL OUT ( I use this one)

Why traders use Pyramiding ?

More than anything what pyramiding do is keep your losers small and your winners - Big.

Pyramiding in my view keeps your dd smaller as your losers are very small because you enters with only a fraction of what you would have entered Normally.

BUT, not necessarily it should be more profitable than ALL IN- ALL OUT, Where one enters all at once and sell all at once.

HOW TO DO PYRAMIDING-

There are various methods which are used by traders for pyramiding ,while keeping the basic concept of adding onto the strength.

1. PYRAMIDING AND TRAILING BASED UPON STRUCTURE-

In this method we scale in or pyramid the qty when the stock breaks above
TRADING
Roshan Gupta
Roshan Gupta
@roshanmi2gmail1
7L for the day.
Capital deployed 1.5 Cr
TRADING
Gordon Gekko
Gordon Gekko
@GordunGekko
A small thread on momentum investing and how I practice it.

I use the Nifty 500 universe for selecting my momentum stocks. Nifty 500, as the name suggests, has 500 companies in it. WRONG !!!! It actually has 501 companies. Yes, I double-checked 🙂 So, these 501 companies is

my talent pool (if you will) from which I select the 50 best candidates that I want to bet my money on.

Ok. So, exactly, did I go about doing that.

Step 1: Start with Nifty 500 universe (501 companies)

Step 2: Eliminate all those companies which have a listing history of

less than 1 year. This eliminated 25 companies (see table).

Step 3: For the remaining 476 companies, I computed their last 12-month rolling price returns (meaning, comparison of their price as on March 31, 2022 as compared to that as on March 31, 2021, and then computing the %


gain that each of those stocks have earned. I found out the following:

a) Average return of all the 476 companies was 43.27% (meaning if their average price as on March 31, 2021 was 100, then their average price as on March 31, 2022 was 143.27)

b) Out of these 476 companies

140 companies, gave a negative return.

c) Out of the balance 336 companies, 46 companies gave single-digit returns

d) Out of the balance 290 companies, 101 companies gave a return between 10-30%

e) Out of the balance 189 companies, 55 gave returns between 30-50%
TRADING , TRADING GUIDES

You May Also Like

Pulp Librarian
Pulp Librarian
@PulpLibrarian
Due to the pandemic you may not have visited your local library in a while. So come with me on a virtual library tour, courtesy of stock photography, to see what we do for a living...


Libraries are of course information resource centres, but in many ways they are so much more. To get the best out of them you need to really know your way around the stacks.


The enquiries desk is normally your first stop in a library, and this is where you will meet The Angry Librarian! Why is she angry? Because you keep asking her stupid questions!


"Are you open?"
"Do you have a toilet?"
"That chair's wobbly!"
"Why isn't it available in audiobook?"
"Someone else is on the computer and that's not fair!"

On and on it goes...


And that's why in the library we insist on silence. It's the only way to stop us swearing at all the idiotic things you ask us. And we've looked up a lot of old swear words: beardsplitter, bescumber, rantallion, smellfungus etc. We're such muckspouts...
ALL
Brian Armstrong
Brian Armstrong
@brian_armstrong
1/ Productivity tip: when I keep procrastinating on something I often trick myself by saying, "ok just work on it for the next 20 minutes" or some short period of time, "and then you can chill/relax guilt free" and give myself some treat (sugar, netflix, etc)

2/ Usually at the 20 minute mark (sometimes I set a timer) I'm so engrossed in what I'm doing that I don't want want to stop and end up working on it for the next hour or two. But getting started seems to be the hardest part.

3/ Key to this: you have to actually be ok with stopping after 20 minutes and being guilt free if that's how you feel. So it's not a trick, i have the option every time, I just often don't want to use it once i'm in the zone.
PRODUCTIVITY
Advertisement
Jaya_Upadhyaya
Jaya_Upadhyaya
@Jayalko1
SRI KANTESH HANUMANTHA, KADARAMANDALAGI (KAR)
#bharatmandir

KANTESHA means Prabhu full of brightness.
Here, Sri Hanuman appears with a front face and sparkling eyes. Earlier, the village was also called KANTESHPURI on the name of Kantesha Hanuman.


Several thousands of years ago, Hanuman lived in this village. He once saw the Sun and mistaking it to be a fruit, began flying towards it. Since then, this village came to be known as Kadara Man Dalagi. (Kadar means rays, mandala is cluster of rays).


It is believed that King Janmejaya had set up the shrine to get rid of his difficulties.
There is a small pond on the right side of the kshetram where Teppotsava (Float festival) is celebrated.

Kanaka Dasa has praised Sri Kantesha in his various poetic compositions.


Kanaka Dasa was the first devotee to popularize the power of Kantesha. It is said that once Kanaka Dasa was deeply wounded in a battle. To seek blessings, he visited Tirupati but Sri Venkatesha appeared in his dream and advised him to see Kantesha first before seeing him.
ALL
Antonio Garc\xeda Mart\xednez
Antonio García Martíne...
@antoniogm
Observing the public conversation around FB, and the private ones happening among techies and ex-FBers, I think the mutual misunderstanding is worse than when I set out two years (and 500 pages) ago to (in a small way) bridge that gulf.

We're basically fucked.

The tech world has gotten so huge, self-reinforcing, and insulated from reality they can no longer even vaguely look at themselves (and their actions) as others do. They just live on a different planet than most people.

Conversely, the average tech consumer doesn't understand the technology that has slowly taken over their lives, and their designated emissaries to figure it out--politicians, pundits, regulators, journalists--understand it barely better than they do, and have their own agendas.

To say more than generalities for a moment, here's what I think is likely the core problem.

Techies take weird, improbable visions, and make them realities: some BS pitch deck to a VC, mixed with money and people, really does turn into some novel thing.

Most people work inside a legacy industry that's evolved that way over time (usually for good reasons), and they think about the future via some analogy with their present (which is a function of a long-ago past). The interruption that tech will introduce is often hard to grasp.
TECH
History Under Your Feet
History Under Your Fee...
@HUFToday
#TodayInHistory Ram Prasad Bismil,Ashfaqullah Khan and Roshan Singh are hanged in 1927, as they give up their life for the cause of freedom and inspire many a revolutionary. #LestWeForget


Shahjahanpur was a hub of revolution during the freedom struggle. Most of the revolutioaries in the North, were from this town. And among them, the most famous were two friends, whom destiny would bring together- Ram Prasad Bismil and Ashfaqullah Khan.

Ashfaqullah Khan was born at the turn of the 20th century on October 22, while Bismil was born 3 years earlier on June 11, in the same town. Both of them were excellent writers in Urdu and Hindi.

Both of them would come together under the Hindustan Republican Association, not to mention the fact that Ashfaq was an admirer of Bismil’s poetry, and became close friends with him on that account.

And both these men were hanged on the same date, December 19, 1927 for their involvement in the Kakori event. Two men from different religions, different backgrounds, yet destiny would bring them together.
HISTORY


Category Partner: Enkryptopedia