My point is, do we overemphasize the ability of individuals to make it to the top if they just try hard enough, within our current system? Is the system rigged, in a sense, so that trying and dedication aren't actually enough?
This post will describe the behaviour of an infinite short squeeze using Blue Appron as a case study. On March 16, 2020. Blue Appron stock priced moved from 2.30 to 28.00 in ONE DAY. That's an 1100% gain in one day with the stock price. Options moved over 100000% that day. The reason was an infinite short squeeze similar to the one that is happening with GME.
During that period Blue Apron's short interest was 50%. Blue Apron was running out of cash and shorts piled on. Then the pandemic happened an people started ordering meal kits en mass, infusing Blue Apron with large inflows of cash. Fearing, meal kits had become a secular trend like ride sharing, shorts started to cover. But they soon discovered shares were limited. So the infinite squeeze happened. They had to cover at any price to balance their books when Market makers started to sell off their other positions.
Currently GME Short Interest is rumored to be above 100% . Thus the environment is similar to the Blue Appron infinite short squeeze. Namely, there are no shares for GME shorts to cover, once the infinite squeeze occurs and MM forces them to balance their books.
Moreover, the squeeze hasn't happened yet, given that the Short Interest hasn't moved lower. In fact, it has been rumored short interest has increased as shorts make a last ditch effort to scare off the bulls. But the markets is aware how the conditions are there for an infinite short squeeze.
The behaviour of an infinite short squeeze (ISS) are violent. In financial history, the two widely cited cases are the VW infinite squeeze of '08 and the Blue Appron one of '20. As you can see, infinite short squeezes have been rare because most rational agents would never get themselves into a situation which would lead to an ISS.
When shares can't be covered and stock price increases, shorts are forced to cover by Market Makers. But because of the huge supply/demand imbalance, shorts have to cover at prices that would seem irrational on a cursory glance but are rational based on the supply/demand equilibrium of available shares. Consequently, it is normal to see 1000% increases in one day. And 100000% gains in 0dte options.
As more market player realize the infinite short squeeze is inevitable, the tripping point of the squeeze collapses from months to days to hours. *The only way shorts can al... keep reading on reddit ➡
Went to the store this morning and added beer to the cart for later today. Was told I can’t purchase beer until 10 on sundays. Any other day, 6:30, but not Sunday. I know it’s a minor inconvenience but the fact it’s because a states endorsement of a religion (and pretending it’s for workers) it makes me so mad.
I want to know how to vote for repeal of them. Can’t believe the country that prides itself so much on freedom has declared it constitutional to restrict people from working or selling/buying items that are sold in a fucking grocery store cause their sky daddy told them to
Edit: I’ve had to explain this a lot today- this has nothing to do with Conservative/Democratic colors. Please read this before asking what blue laws are: https://www.snopes.com/fact-check/blue-laws/
The St. Louis Blues will get their first look at Alex Pietrangelo in a Vegas Golden Knights uniform on Tuesday night at T-Mobile Arena. Pietrangelo, who was drafted by the Blues and served as captain for four seasons, signed a seven-year, 61.6 million contract with Vegas in the offseason.
Pietrangelo spent 12 seasons with the Blues and ranks fifth in games played (758), third in assists (341), ninth in points (450) and became the first Blues player to lift the Stanley Cup in 2019. Amongst defensemen, Pietrangelo ranks second in games played behind Barret Jackman (803) and second in points behind Al MacInnis (452).
Through six games with Vegas, Pietrangelo has one goal and two assists (three points) and a plus-1 rating this season.
The Blues have collected at least one point in all nine of their games against Vegas but have dropped each of the last two meetings in overtime.
|Goals Per Game||3.2||2.8|
|Goals Against Per Game||2.0||3.7|
|Power Play Percentage||10.0%||5.6%|
|Power Play Goals||2.0||1.0|
|Power Play Goals Against||3.0||10.0|
|Power Play Opportunities||20.0||18.0|
|Penalty Kill Percentage||85.0%||66.7%|
|Shots Per Game||29.5||28.3|
|Shots Allowed Per Game||23.5||31.2|
|Score First Win Percentage||100.0%||33.3%|
|Opponent Score First Win Percentage||66.7%||66.7%|
|Leading After 1st Win Percentage||100.0%||100.0%|
|Leading After 2nd Win Percentage||100.0%||100.0%|
|Outshot Opponent Win Percentage||80.0%||100.0%|
Outshot by Oppo... keep reading on reddit ➡
Bound and gagged, he nodded frantically at the poisonous red pill, but she smiled popping the viagra in his mouth saying, "Nahh, let's go another round."
Ever since I was young, I've fantasized about a house that none of the abusers in my family had the address to. Nothing fancy-- but every door would be firmly on its hinge. I imagined myself safe there, with no eggshells to avoid and no egos to coddle.
Well, I turn 33 today, and I just signed the lease on a house no one knows how to find but me. My best friend and I are celebrating by having cake and ice cream on my sky blue plates.
Someday when it's safe again, I'm going to have a dinner party with my chosen family.
And if someone accidentally breaks one, I'll sweep it up like it never happened and make sure no one is hurt-- because they are still just fucking plates. Everyone will feel safe in my house.
Update: I'm speechless right now. I thought maybe 15 people would read my post. I'm sitting at a gas station crying happy tears because of all the love you've poured out. I never would've been brave enough to go NC from my nfamily if not for this group and all the wisdom shared here. Thank you for being my support network. There were times internet strangers were all I had to keep me sane.
(My BFF took me on a road trip to an incredible greenhouse upstate to find plants to fill my new home with! I can't wait to start reading your replies when I get home in a few hours.)
The St. Louis Blues will open the 2020-21 regular season against the Colorado Avalanche on Wednesday, Jan. 13 at 9:30 p.m. CT (NBCSN, NBC Sports App, 101 ESPN).
The matchup kicks off a two-game series against the Avalanche before the Blues return home to play four straight at Enterprise Center beginning with the Home Opener on Jan. 18 vs. San Jose.
The Blues and Avalanche split the season series in 2019-20 with the home team winning each game. Dating back to 2018-19, the Blues are 6-2-0 against Colorado… Nobody scored more goals against the Avalanche last season than David Perron (5)… Since joining the Blues in 2017-18, Schenn is one of just four NHL players with at least 180 points and 300 hits (Alex Ovechkin, Matthew Tkachuk, Gabriel Landeskog)… The Blues finished the regular season first in the Western Conference in 2019-20 with 94 points in 71 games.
Blues: Vladimir Tarasenko (LTIR)
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