Sorry if this type of post isn't allowed, I'll delete it if it breaks any rules.

I need Handel's Sonata in G Minor for Tenor Saxophone but JWPepper is out of stock and no stores near me have it. Thanks so much for any and all help.

4/4/2021 EDIT: Just got done watching this review (2:09:37) from George Gammon and Meet Kevin. As pointed out by George, the link I posted below talking about the submitted repo amount was ONLY showing the NY Fed's total for that day. According to his own research, he suspects that $4 TRILLION is pumped through this market, EACH DAY.

4/1/2021 EDIT: GREAT NEWS APES! u/dontfightthevol has been reviewing my post and helping me address weaknesses! I take this as REALLY good news as we move another step closer to exposing the TRUTH. Furthermore, I am making updates that take speculative connections out of this post.

The first one being the WSJ article covering BlackRock, where the fed has tapped them to purchase bonds for the government. These bonds consist of mortgage backed securities and corporate bonds- NOT TREASURIES. While this does not destroy the concept within the post, it DOES remove a link between the speculative relationship of BlackRock and Citadel. Citadel is still shorting bonds, other hedge funds are shorting bonds, BlackRock just isn't buying treasuries from the government. There are plenty of other financial institutions lending out their treasury bonds.

We are still discussing the post and I will make updates as they are available.

STAY TUNED!

________________________________________________________________________________________________________

TL;DR- Citadel and friends have shorted the treasury bond market to oblivion using the repo market. Citadel owns a company called Palafox Trading and uses them to EXCLUSIVELY short & trade treasury securities. Palafox manages one fund for Citadel - the Citadel Global Fixed Income Master Fund LTD. Total assets over $123 BILLION and 80% are owned by offshore investors in the Cayman Islands. Their reverse repo agreements are ENTIRELY rehypothecated and they CANNOT pay off their own repo agreements until someone pays them, first. The ENTIRE global financial economy is modeled after a fractional reserve system that is beginning to experience THE MOTHER OF ALL MARGIN CALLS.

THIS is why the DTC and FICC are requiring an increase in SLR deposits. The madness has officially come full circle.

__________________________________________________________________________

Please read though this and possibly sticky this because I think it is very important that we all have an understanding on the game plan 🚀

Pre-liftoff Preparation

https://preview.redd.it/pyg5a96r4sr61.jpg?width=1280&format=pjpg&auto=webp&s=97c4b8bfe4b63214cee3c8e5aaed8d5519d4db10

• Brokers preparation - i think everyone should take the time to understand the nuances and rules that the broker applies on trading. Some brokers may have some sneaky fine prints. So you should make sure that nothing can get in the way of you and your tendies. Take note of the brokers that previously blocked trading. If you have all your shares one of these brokers and can't transfer, don't sweat it too much. DO NOT SELL YOUR SHARES. The message was clear as crystal in January: if they prevent free trade like Robinhood did then that means they will lose customers, so i hope they have prepared for this. It also wouldn't hurt to email your brokers customer service and ask them "will you prevent me from selling if the price goes to XXX amount?". It's good to create a paper trail just incase you need to bring them to court.
• Back up broker - If you can, open up an account as soon as possible on a reputable broker and buy at least 1 share. Don't aim to maximize gains but to minimize the regret of missing out just in case your broker decides to f*ck you. The rule of thumb is usually that commission based boomer brokers with horrible user interfaces are the most trustworthy. See the "good brokers" in the link above.
• Diversify Brokers - if you can, spread out your holdings across brokers. Also take note of what clearing house they use. You don't want to be caught up in some f*ckery where both brokers wont let you sell because they share the same clearing house. A solution to this could be to transfer shares. Some brokers allow you to transfer shares to others, but small "shit" brokers like eToro for example, do not. If thats the case then hold tight and buy on a different broker.
  • Here is a list of brokerages and the respective clearing houses they use.
  • Here is a list of brokers who placed restrictions in a follow up post i made.
• Cash account, not margin - if you haven't already, r

Alright, this took a long time to write, and was all thanks to Michael Burry (MB) linking this in his profile, then mysteriously removing it less than a day later. This post will have a lot of parallels to the EVERYTHING short.

HOWEVER, it's closer to a debunking post and goes into much more depth as it’s necessary to understand the full picture when we start to analyse the link MB provided.

Alrighty then, hold on for a big read. You’ll feel educated af after reading this as u/atobitt did an amazing job turning his DD into monke speak. Let's get a better understanding of the concepts first.

(Note, I do not agree with the hypotheses drawn in "the EVERYTHING short" if that's not clear already).

WTF is a Repo and Reverse Repo?

Visualisation of how repos work

This visualisation is saying that repos and reverse are the same transactions, but titled differently based on which side of the transaction you’re on.

If you’re originally selling the security (and agreeing to repurchase it in the future) this is a repurchase agreement (“Repo”). On the flip side, for the party originally buying the security (and agreeing to sell in the future) it is a reverse purchase agreement (“Reverso Repo”).

The key thing here that we need to understand, is how the Federal Reserve uses repo and reverse repo agreements. This is important, please pay attention here.

How the Federal Reserve Uses Repos/Rev Repos

In the US, repo and reverse repo agreements are the most commonly used instruments of open market operations for the Federal Reserve.

As u/atobitt puts it, the Fed goes BRRRR. To put this into reverse ape talk, they are boosting the overall money supply by buying back Treasury bonds or other government debt instruments. This infuses the banks with cash and increases its cash reserves in the short term. The Fed then will then resell the securities back to the bank.

In summary, when the Fed wants to tighten the money supply - they can simply remove money from the cash flow using repos (selling bonds back to the banks). They want to go BRRRRR and [increase supply](https://www.newyorkfed.o

This story is from when I held a management position at an IT company which serviced small businesses. This event was during the company's third year, prior to it falling apart like a house of cards. If this story interests and entertained you, please check out my other stories of war employment. As always the names have been changed to protect the innocent…and morons.

Bschott007's Tales from Call Centers:

"B" Is For Bunny Ranch

Dangerous Times with Electricity: A Debt Collector’s Tales

Bschott007's Tales from Tech Support:

HDMI Is For Alternating Currents

The Motel Time Forgot

Bschott007's Tales of Malicious Compliance:

Fire me in the middle of a project, have me wipe my phone and computer? Good luck with that.... (this story)

Little History and Background...OK, fine, a LOT of history and Background, but it all ties together:

I had been with the company since a month after the owner opened the doors of the company. I accepted the job as his only PC Repair tech and Onsite repair tech, which was paying 1/4 less than I could have been hired for at any other IT company along with an offer of 10% non-voting share of the company. The owner knew some IT but wasn't able to do all the work, realized he would be office bound and need to do a lot of sales/account generation, so he hired me to do the work.

Sure I could have been paid more elsewhere but here was the opportunity to get into the ground floor of a company and really have a say in molding the service side. I was in my early 30's so I thought it was a good career move. Yeah, I was being an idiot, chasing a dream. Whatever.

Now, moneywise, the owner had started out the business with loans from his father-in-law who ran a bank, a few other investors and loans from the state he operated in.

I worked my ass off and was his "Joseph" (i.e. I 'wore a coat of many colors' or 'I did many jobs'). I was the Network Engineer / PC Repair Tech / Mobile Device Repair Tech / Field Service Tech / Onsite & Remote Network Administrator / Office Equipment Repair Tech

EDIT: This is not financial advice. Everything disclosed in the post was done by myself, with public information. I came to my own conclusions, as should you.

TL;DR - Citadel Securities has been fined 58 times for violating FINRA, REGSHO & SEC regulations. Several instances are documented as 'willful' naked shorting. In Dec 2020 they reported an increase in their short position of 127.57% YOY, and I'm calling bullsh*t on their shenanigans.

I've been digging into the financial statements of Citadel Securities between 2018 and 2020. Primarily because Citadel Securities actually has a set of published financial statements as opposed to the 13Fs filed by Citadel Advisors.

First... Citadel is a conglomerate.. they have a hand in literally every pocket of the financial world. Citadel Advisors LLC is managing $384,926,232,238 in market securities as of December 2020...

Yes, seriously- $384,926,232,238

$295,347,948,000 of that is split into options (calls & puts), while $78,979,887,238 (20.52%) is allocated to actual, physical, shares (or so they say). The rest is convertible debt securities.

The value of those options can change dramatically in a short amount of time, so Citadel invests in several "trading practices" which allow them to stay ahead of the average 'Fidelity Active Trader Pro'. Robinhood actually sells this data (option price, expiration date, ticker symbol, everything) to Citadel from it's users. Those commission fees you're not paying for? yeah.... think again.. Check out Robinhoods 606 Form to see how much Citadel paid them in Q4 2020.. F*CK Robhinhood.

Anyway, another example is Citadel's high-frequency trading. They actually profit between the national ask-bid prices and scrape pennies off millions of transactions... I'm going to show you several instances where Citadel received a 'slap on the wrist' from FINRA for doing this, but not just yet.

Now.... the "totally, 100% legit, nothing-to-see-here, independent*"* branch of Citadel Advisors is Citadel Securities- the Market Maker Making Manipulated Markets. The whole purpose of the DTCC is to serve as an third party between brokers and customers (check out this video for more on DTCC corruption). I'll bring up the DTCC again, soon.

Anyway, Citadel Advisors uses their own subs

TL;DR - I have prepared a case which strongly indicates that Citadel Securities, along with it's "affiliates" are committing securities fraud. On March 26th 2021, FINRA released a new citation against Citadel Securities for nearly 2 years worth of securities violations. The only reason Citadel HASN'T been busted for fraud is because they hide behind the veil of 'unintentional' behavior. However, this post illustrates how Citadel's actions flag ALL 3 corners of the fraud triangle- pressure, motivation, and opportunity. It's time for these people to be held accountable.

____________________________________________________________________________________________________________

Trying something new this time.

I recorded a video walkthrough of this DD with u/isitabuy, prior to dropping the DD.

If you wanna watch that, click here

Prerequisite DD

1. Citadel Has No Clothes

2. BlackRock Bagholders, INC.

3. The EVERYTHING Short

____________________________________________________________________________________________________________

My fellow apes,

Many of you are wondering how these posts about Citadel relate to GameStop. Perhaps I've lost sight on explaining this connection, so let me clear this up before diving into MORE sh*t on them.

As u/dontfightthevol pointed out: you just never know what a company's short position is because they aren't required to disclose it. And unfortunately, she's right.

What we can do, however, is expose the sh*t surrounding them. The fraud triangle WORKS because people act maliciously when they have the pressure, incentive, and opportunity to commit it. PERIOD. This means if it walks and talks like a duck, it's most likely a f*cking duck.

I hope I've done a good job revealing the evidence of their ever-tightening noose. To name a few big ones:

1. the FINRA violations for naked shorting, failing to post a short sale indicator on transactions, withholding large customer orders to lower the market price, FLASH crashes
2. the growth of rehy

This is not financial nor investment advice. These are ideas and opinions for information purposes only.

This post will read bottom to top. It's easier for people to refresh the page and see edits at the top

I will livestream every Monday 9:15 AM EST, and do regular Reddit posts every day, even during streams. Last stream I was just adjusting so didn't do a post during that stream.

If you want to support me, check my Reddit profile bio. I appreciate you guys!

Historical support and resistance levels for reference today:

152.5, 172, 183.5, 184.5, 187.5, 190.5, 192, 195, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256.5

172 diagonal support (see 26:31 in my livestream video)

Edit 39 5:55PM:

The media will spread FUD. They will short attack this.

There is nothing wrong with the earnings. It's only a bit disappointing for apes who were expecting rocket fuel from earnings.

Expect some wild swings tomorrow. Cya then.

Edit 38 5:50PM:

>The timing and amount of sales under the ATM Program would depend on, among other factors, our capital needs and alternative sources and costs of capital available to us, market perceptions about us, and the then current trading price of our Class A Common Stock

I like how CNBC doesn't mention this part of the ATM Program on the 10K. A) They won't sell anytime soon, this will destroy market perceptions. B) They have a ton of cash on hand.

Don't worry about them selling shares anytime soon folks.

Edit 37 5:38PM:

CNBC FUD article came out about how GameStop may sell stock to fund transformation: https://www.cnbc.com/2021/03/23/gamestop-shares-rise-on-e-commerce-sales-jump-new-coo.html

lol. Did they read their Balance Sheet?

GameStop has 508.5m cash. Doesn't seem like they will sell. (edit: removed all caps, I'm now checking their filings about S/E)

Edit 36 5:35PM:

On Monday's stream, I will also go over the financial statements and make it all easy to understand.

Edit 35 5:27PM:

I'm gonna hold.

The earnings call was good. Low volume right now in selling. Around 50k a minute. (There is not really much panic selling at all by reading the volume)

Yes I know, this call did not add rocket fuel to the rocket.

In my opinion, from the earnings call and reading their 10K, there is nothing fundamentally wrong with the company. This was a reasonable

Hello! I am back once again with more excel spreadsheets!

I'll admit I was very happy to see the massive loss incurred by Melvin Capital, but it kept nagging me, how the hell did they manage to loose literally 49% their portfolio?

So I decided to look at their most recent 13F to see what kind of shenanigans they got themselves into.

First I am going to explain my methodology, my first step is to look at their entire balance sheet to sum all their assets for Q1, assuming nothing was sold or bought (this is not true as they have filed a handful of 13Gs).

To simplify, I assumed all options had the same value, and ignored any "underwater" option from their assets as they are most likely near worthless.

I then looked at their put options, assumed that they would short in accordance with the value of their put position and assigned each security a weighting accordingly.

I also ignored any profits they may have made from shorting stocks to minimize their theoretical profit for Q1, which in turn minimizes losses from bad shorts and biases in their favor again.

I then took the Bloomberg report of a 49% loss from Q4, to Q1 to find their current book value, and then subtracted it from the Q1 value I previously calculated to find their liabilities.

Now that I had their liabilities, I multiplied it with the weighting for each stock that was sold short but increased in price.

Here is the loss porn! (conservative estimate)

• AMCX: 478,836,892 in losses!
• AG: 1,648,838,826 over 1.6 billion in losses!
• GME: 2,529,557,876 in losses
• SPG: 2,377,789,757 in losses

Shares sold short based on current market prices:

• AMCX: 9,276,189 shares sold short
• AG: 95,088,744 shares sold short
• GME: 15,973,464 shares sold short
• SPG: 20,514,103 shares sold short

Now assuming all else remains equal, the price of GME needed for Melvin Capital to have net assets of 0, is 881,19$. That being said, almost all brokers require you to have some collateral to ensure you can pay back any share sold short, so factoring in a margin requirement of 50%, Melvin Capital get a margin call at 587.46$. At a margin requirement of 100%, Melvin Capital get margin called at 440.59$.

What was the all time high of GME before trading got shut down? 483$

At what price did we have that massive short attack in March? 360$

**Putting everything together, I believe that Melvin Capital was almost margin called twice already. They were only saved the first time because typically y

I’m not a financial adviser and this isn’t financial advice. I just have a knack for explaining things and lots of people have asked about this topic so I thought I’d share my own personal thoughts.

The bull thesis

To date, the GME play has been pretty simple: buy and hold and wait for the squeeze, whether that comes in hours, days, or weeks. Try not to have a heart attack during the intermittent gamma squeezes, keep your hands diamond strong during the manipulated downward spikes, and buy baby buy.

It’s rapidly becoming apparent that we will soon enter the GME endgame. Before you can come up with an exit strategy or, if you’re still on the fence, decide whether to jump in, you need to form an opinion about the GME bull thesis, without considering the short squeeze. Your thoughts on the bull thesis will dictate how you play it from here on out.

One braindead simple way to calculate a fair stock price for a company is to use a "times-revenue" valuation. You take the company's revenue ($6.466B in 2020) and multiply by some magic number (often 0.5 for low-growth companies and 2 for high-growth companies), then divide by the float (number of shares available to trade, 50.65M). A times-revenue multiplier of 0.5 gives a GME stock price of $64, while a multiplier of 2 gives $255.

This isn't a particularly sophisticated method but whatever, I'm not a particularly sophisticated investor.

Working backwards, if Melvin Capital thinks that GME is overpriced at $20 then a times-revenue valuation would suggest a multiplier of 0.16. That's extraordinarily low for a retail business. If you applied that multiplier to Best Buy ($43B revenue in 2020, 231.59M float) you would get a stock price of $30. Best Buy currently trades for $115, which works out to a much more reasonable multiplier of 0.62.

What multiplier is correct? Well, the bulls point out:

• Ryan Cohen (13% stake in GME, sits on the board) has a great e-commerce success story with Chewy, his previous company.
• Three new successful e-commerce board members from Cohen's firm were added to the board in 2020.
• Despite being a brick-and-mortar business and the pandemic, Gamestop's balance sheet isn't bad. They have approx. $550M in debt, but more than that in cash (net cash positive). They have minimal risk of default or bankruptcy in the near future, even without any change to company direction.
• Their traditional core business of game and console sales is not shrinking as fast as many people expecte

https://preview.redd.it/k8rr39qztsq61.jpg?width=3200&format=pjpg&auto=webp&s=e9e9a53b4e354d65d8373aefe5577bda41563962

Welcome Apes to a fun little class on Short Squeezes and why this might be the last of them (Edit: Should be Modern Era...at least you know I really am an Ape....lol)

I'm just a dumb Marine ape who enjoys the little things. BBQ Crayons, a cold beer, and short hedge fund tears. Ya know, the little things.

The market is closed today so I decided to do a little history lesson. I will not be citing my work because fuck you, I'm not in school anymore and I'm doing this for people who eat crayons/follow memes for stock advice. Also I'm only including major stock market ones and not forex, futures, or agricultural ones.

(Edit 1: In the beginning I was just adding short squeezes that ran up quickly and aggressively. I didn't include slower ones like Tesla which one could argue is still squeezing. I've taken from the comments we should see them all so I'm including all them here now. If I miss one let me know.

MadJesse You forgot Piggly Wiggly in 1923.)

https://slate.com/business/2021/02/piggly-wiggly-short-squeeze-gamestop-wall-street-nyse.html

and

Edit 2: Overstock Will do a write up on them but did they really squeeze??? I think it got shutdown before it started with the digital dividend think but I'll research it more. I know they got out from most of the shorts but I'll provide an update as I research now.( Ponderous_Platypus What about Overstock? It's a pretty interesting case study as well.)

Edit 3: It's 3AM and I said I would update it. I just read anti-resonance comment and he had done some research that I wish I had seen before. Here: https://old.reddit.com/r/wallstreetbets/comments/ltnc32/history_of_short_squeezes_and_corners/

Harlem and Hudson Rail Play: 1860s [https://medium.com/@KeithAkre/vanderbilt-and-the-greatest-corner-never-told-12f1bffe4d1d](https://medium.com/@KeithAkre/vanderbilt-and-the-greatest-corner-neve

Dry. Chalky. Rubbery. Spongey. Crunchy. Bland. Tasteless. These are all common adjectives used to describe chicken breasts. But it doesn’t have to be this way. Chicken breasts can be juicy, delicate, and full of flavor, and I’m going to help you achieve that.

There are just four things you need to know, so this serves as the TL;DR for this very long post:

1. Buy air-chilled

2. Make cutlets

3. Salt properly

a. Light flour coating

4. Cook to the correct temperature

And if you are so inclined, I will cover each of these in great detail below.

1. Air-chilled

I’m sure you’ve heard of the saying “garbage in, garbage out”, right? Keep that in mind as I explain this.

In the US, more than 95% of chickens are processed using a liquid-cooled solution^1. This means they are submerged in ice-cold chlorinated water, and after this, some are then injected with a salt water brine solution, sometimes referred to as broth. As a result of this process, the chicken retains some of that water. It is easy to identify this if you read the fine print on the packaging. See examples below:

Perdue brand, up to 1%

Tyson brand, up to 3%

Perdue brand, up to 10%

Walmart brand, up to 15%!!

Frozen chicken breasts are most often the ones that are also injected (sometimes called enhanced) with a salt water brine, and usually contain up to 15% retained water^1 ^2

So why does this matter? Put simply, it is diluting the chicken flavor and changing the texture. Also, the weight of the chicken you are buying is calculated after it is injected or cooled in a bath. That means you are paying chicken prices for this added salt water.

Air-chilled chicken is just as it sounds. Instead of submerging the chicken in ice-cold chlorinated water, these chickens are essentially chilled in a massive refrigerator. This is actually more expensive for the manufacturers, so that translates to higher prices for consumers. At my local grocery store, air chilled chicken breasts are over 3x the cost of standard chicken breasts ($1.99/lb vs $6.69/lb). Whether or not that is worth it is up to you, but I can tell you that I will never go back to the cheap breasts again. Again, just ch

I know something is wrong before I open my eyes. The sheets are too soft, nothing like the cotton ones back in my own bed. These feel silky, expensive. I sit upright, struggling to keep my breathing steady as I survey my surroundings. I am in a small, windowless bedroom. A desk stands at the foot of the single bed. It’s entirely plain apart from two wireless monitors positioned side by side. No visible system block, keyboard, or mouse. The right screen displays me moving around in real-time, squinting as I try to make out the contents of the left screen. I shift down the bed until the chatroom window comes into focus.

LittleBig209: hi Brad

JoeCockerSpaniel: morning Brad

LovelaceCuck: looking good Brad

PertixXx: Brad hey

My pixelated reflection cringes. Whoever took me from my home has not bothered to change me into anything more presentable. I still have a food-stained t-shirt and boxers on. My chin is covered in peach fuzz, leftover from a weekend of sitting around drinking and gaming. It’s not a good look. I jump out of bed and walk over to the door. It’s locked. There is an A4 sheet of paper taped to the oak panel at eye level. It’s a printed list titled ‘Tip Goals’.

Earn 5 tokens to turn off the alarm

Earn 10 tokens to get rid of the woman

A deafening noise blares through the room before I can get past the second bullet point. It’s shrill like a car alarm, but it comes from everywhere at once. It’s a volume level that doesn’t exist on any human device. I press my palms to my ears, stick my fingers inside. My hearing starts deteriorating, fast. I run back over to the screens. The chatroom layout is similar to a cam site, with a large thumbnail showing that I have earned 0 coins for my ‘show’.

lemONunmatched: take off your shirt

tasty_testy69: show us that dadbod

maGneT_freck76: that tee needs a wash you dirty boy

I pull off my shirt, flinching as my gut bounces down. The tips roll in. LovelaceCuck tips 2 tokens, l111ckme gives me 3. The alarm stops. My body relaxes and I sit back down on the bed, rubbing my temples. Everything is happening too fast. I need a second to arrange my thoughts, study the room. My naked toes pinch the shag carpet beneath my feet. My eyes run over the whitewash walls. There is no furniture apart from the bed and desk. There are no wall sockets.

The hell was that part about 10 tokens?

The door swings open and a t

🚀 Good Morning Everyone!!!

Updates will also be on Twitter @ Corno4825

🚀 Live Thread

4:00 Update

Hmm. I'm not sure what I did wrong.

It's whatever. They still need to close their shorts.

I'm sure someone on Reddit's going to come up with a new theory.

I hope anyone that was listening found that as hilarious as I did.

Current Price: 158.30

3:58 Update

If you ignore it's current dip. It's trajectory is ~ 182. You have to believe in Gamestop. You can't just worry about it anymore. Gamestop has grown. Gamestop has experienced pain. Gamestop is its own company now. It's going to do what it needs to do. Just trust.

Current Price: 158.26

3:47 Update

http://puu.sh/HwRe7/eea8f6ddc9.png

HERE WE GO

Current Price: 159.22

3:38 Update

If you ignore it's current dip. It's trajectory is ~ 182. You have to believe in Gamestop. You can't just worry about it anymore. Gamestop has grown. Gamestop has experienced pain. Gamestop is its own company now. It's going to do what it needs to do. Just trust.

Current Price: 157.85

2:52 Update

Okay ya'll. I'm going let you have the most amazing experience if GME hits 180. Load this Video. At 3:39PM and 46 seconds, play this video, sit back, and enjoy the show. This is how I am going to watch GME end the day today.

If GME actually does hit 180, it will be the most surreal fucking experience of your life.

Current Price: 159.10

2:44 Update

Trust the force.

Current Price: 158.93

2:35 Update

If you ignore it's current dip. It's trajectory is ~ 182. You have to believe in Gamestop. You can't just worry about it anymore. Gamestop has grown. Gamestop has experienced pain. Gamestop is its own company now. It's going to do what it needs to do. Just trust.

Current Price: 157.16

2:28 Update

Ya'll. We still got an hour and a half till markets close. I still think it'll go back up to 180. It's already starting to make its way there now.

Current Price: 159.24

2:19 Update

Hmm. I wonder if GME was merely trying to hit the SSR. It should go back up now.

Current Price: 155.55

1:24 Update

This is literally what I'm envisioning right now.

Volume is picking up even

#They are lying. First, read this excellent DD about borrow fees and short shares discrepancies. Why is one source giving us one number and another source giving us a completely different number? It doesn't make sense. Both of them can't be right. Also, it's not like it's a small discrepancy by a percentage or two. It's a HUGE discrepancy and the further you dig into it, the more you realize that someone is either really wrong or is blatantly lying. People who work on Wall St usually aren't wrong. They are very good about what they do so that pretty much narrows it down by process or elimination.

#226-942% SI, realistically it's around ~600%

Secondly, here's another very interesting DD where our very own autists attempt to calculate short interest It can be anywhere from 200% to as high as 900%. OBV tells us that the overwhelming majority of retail investors are HOLDING. Citadel could have NOT bought back their SHARES which they absolutely NEED to do. We've seen the short ladder attacks and hundreds of thousands of shorts borrowed almost daily.

#They will continue to lie until they go down in flames

Third, everyone needs a history refresher. Corporate fraud is something that's always existed and something that will always continue to exist no matter what Acts Congress passes. There's always loopholes to abuse. It's not easy to expose it but rest assured, it's there. The only thing that can expose it is time. They can't hide it forever. A mistake here and there on a balance sheet or earnings report is fine and might go unnoticed but as time goes by, more mistakes will attract prying eyes and eventually open an investigation or audit.

'Member Enron?

Take for example Enron who was able to hide billions of dollars of debt across two solid years before anyone figured it out.

'Member WorldCom?

Following Enron's collapse, we got Sarbanes Oxley Act which helped protect investors from fraudulent reporting. Around the same time, the WorldCom scandal was exposed where they overstated their assets by over $11 billion. Get this, their scandal went on longer than Enron's before it was exposed.

'Member the 2008 crash?

[A few years later, Be

Alright apes and autists, let me explain why I believe GameStop has a strong fundamental case without mentioning diamond hands and short squeeze. If Ryan Cohen can successfully execute his vision, this leaky vessel will turn into a rocket ship blasting past the moon to the edge of the observable universe.

On November 16, 2020, Ryan Cohen sent a letter to the GameStop's Board of Directors titled "Maximizing Stockholder Value by Becoming the Ultimate Destination for Gamers". In it, Ryan Cohen outlined the roadmap for GameStop to pivot and become a technology first company. Let me boil this down for you in simple language for you smooth brain apes.

The Mission Statement

"GameStop needs to evolve into a technology company that delights gamers and delivers exceptional digital experiences [...] the successful and durable players of tomorrow will be technology-first companies that specialize in gaming products, experiences and services."

The Landscape

• Explosive Growth in the Gaming Industry
  • "The size of the global gaming market has grown by more than 2.5x since the last console cycle."
  • "The global gaming market expected to be $174.9 billion this year and reach $217.9 billion by 2023."
• Valuable Assets
  • Existing "strong brand" and recent Reddit frenzy is net positive to the brand, increases awareness, and strengthens its base.
  • "Large customer base and 55 million PowerUp members."
  • Large retail and physical footprint.

The Roadmap

• Evolve into a Technology-first company
  • "Technology is changing nearly every aspect of the gaming world, ranging from the way gamers shop to how they interact and compete with one another."
  • GameStop will have to "begin building a powerful e-commerce platform that provides competitive pricing, broad gaming selection, fast shipping and a truly high-touch experience that excites and delights customers." (Ryan successfully executed this vision with Chewy and he can do it again in gaming)
  • GameStop will have to "hire the right talent." (So far, Ryan has recruited 5 rock stars from Chewy and Amazon to join the team, more on that later).
• Create the Ultimate Gaming Platform
  • "Shift to purchasing from mass retailers and other online competitors." (Create a marketplace of wanted products and services, i.e. Amazon, Target, App Store)
  • Provide and expand "larger gaming catalogs" (Capture all games)
  • Create "community experiences" (This could be both physical and digital experi

So, let me preface this by saying that my cat is fine, was not harmed, and is sitting, purring next to me as I speak. Onto the story.

My cat is a bit naughty. To be fair, it goes both ways. She'll scratch my chair to get my attention then run away, meow loudly when I'm concentrating on something to startle me, jump on me when I'm sleeping, and such things. In return, I tickle her nose with a bird feather when she sleeps, pretend I'm going to pick her up (which she hates), and twig her tail when she's not seen me yet - giving her a little start. To say that we're assholes to each other is a fair point, but we love each other all the same.

This is normally totally harmless, but a couple of weeks back, she started threatening to chew the wires on my phone charger when its sitting by my bed at night. This scares the hell out of me for 2 reasons:

1. My phone charger runs at 5V/2.4A. If you know anything about electricity, you know that while this is a heavy, painful jolt for a human, but deadly for something the size of a cat.
2. A cat sitting on a bedside table is in no way grounded.

At first, I started telling her off, but she just ignored me and kept going. I started to blow into her face - it's a dominance thing for a cat and a good way to dissuade them from doing something - and that worked for about a week. After that she just gave me a dirty look and tried to chew them again until I buried them under paper. When she started to knock the paper off the table to get to them, I knew it was serious.

I devised a plan. I went down to the local office store and got some supplies. That night, I waited with the cord in my phone, charging, with no paper over the phone. She jumps up on the table, makes sure I'm watching her, and then starts to chew the cable. I told her off, which she ignored, and then I enacted my plan. I took a breath like I was going to blow into her face, at which point she shot me a dirty look. That's when I slowly pulled the can of compressed air out from under the sheets and gave her a short blast straight into her face.

The effect was instantaneous and spectacular. The cat launched herself up 2 feet and back 6 feet off the bedside table. She landed safely on the ground in the bedroom. She checked fur, and seeing nothing there, looked at me in what I can only describe as abject horror. Eyes wide, mouth dropped open, every bit of fur sticking out. She stood like that for a few seconds before shaking herself out of it and tearing

While being a curious reader of Due Diligences and financial analyzes on companies (and especially penny stocks) I recognized the pretty fluctuating quality of stock DDs on Reddit in general (from the plain pump and dump style, over crayon art, to simply awesome). Browsing the subreddit wiki and FAQ I realized that most of the (really good) articles I found were covering trading strategies and chart technicals, answering the question WHEN to buy and WHEN to sell. However, before I decide WHEN to buy a stake in a stock, I need to answer myself WHAT to buy. And the best basis (in my option) to decide WHAT to buy is simply a profound and comprehensive analysis of possible target companies. So, I would like to show you how I structure my DDs/analyzes and what might be specifics of penny stocks compared to an S&P500-stock analysis. The following mainly applies for long investments and is less important for day trading and riding the pump-and-dump wave:

1) Get your target right: find the unicorn among dying companies

When you invest in penny stocks you need to realize that your job is finding the unicorn, mainly dealing with two types of companies:

• Early startups: Even big players like Amazon once started out as small companies with IPO prices far below their current value (<2$ in 1997). But you need to make yourself clear that Amazon for example is the condensed result of economic survival of the fittest among A LOT of companies who lost the fight on the way. With 9 out of 10 startups failing, there are probably thousands of companies out there who will never make it – and hiding between them might be one unicorn. This unicorn is the hidden gem you want to find! If you want to know more on why startups are failing, check out the following Forbes article. (https://www.forbes.com/sites/neilpatel/2015/01/16/90-of-startups-will-fail-heres-what-you-need-to-know-about-the-10/?sh=685987076679)
• Turnaround companies: The second group of penny stocks is companies that were already trading on far higher levels in their past - maybe even hundreds of dollars. But due to various reasons, they dropped to levels below the magical penny stock hurdle. So, one could think: “If this company already traded 100$ it can easily go from 1$ to 10$!” Well, it's not that easy, since 9 out of 10 turnarounds are failing

Over the years we've seen Dagestani and Chechen fighters rise to greater prominence in MMA. Like many of you, I've noticed a good number of them have the term Magomed somewhere in their name.

After watching Bitcoin shoot to the Moon and the unexpected rise of GME stock I asked myself "What would have happened if I tried to monetize this Combat Sambo fueled Magomed money train?"

Out of that question was born the sheet I've linked here, which tracks the results if you had bet $100 on every fighter with Magomed somewhere in their name. I've broken out the results into tabs analyzing each individual Magomed's performance, year by year Magomed performance, Magomed performance across all organizations where a Magomed has fought a bettable fight, and the impact of whether Magomed is in your first name, last name, or both names.

To summarize the main takeaways:

• Fighters with Magomed somewhere in their name hold a record of 83-22-5 in all fights prominent enough to have a betting line posted. This equals a win % of 75.5%. The average (decimal) odds for all Magomeds has been 1.43, which implies an expected 69.9% winning percentage, so they are outperforming expectations by 5.6%
• Yes, Magomed does = money. This approach would have pocketed you $918 over the course of all Magomed fights, at an ROI of 8.3%
• Not surprisingly, winnings from Khabib Nurmagomedov made up over half of that profit, coming in at +$513 all by himself
• To date, there is not a Kazushi Sakuraba-esque "Magomed Hunter." No non-Magomed figher has beaten more than 1 Magomed. However, Chris Curtis, Donavon Frelow, Ion Cutelaba, John Howard, and Pat Healy have all lost 2 times to a fighter with Magomed in their name.
• Magomeds in the UFC and Bellator have been safe bets (as well as in smaller organizations), but the PFL has been like Kryptonite for Magomeds, returning a $409 loss on Magomed wagers in that organization
• Having Magomed in both your first and last name does appear to multiply your powers, possibly making you invincible in fights prominent enough to have a betting line posted. Magomed Magomedkerimov and Magomed Magomedov are a combined 10-0 in wagers, with wins totaling $319 on a near 32% ROI
• The impact of having Magomed in either your first or last name is roughly equal, with ROIs of 5.6% and 6.2% respectively. However, if you remove Khabib Nurmagomedov's results from the last name equation

I’m a waitress. Our restaurant strictly requires masks while indoors if your meal/beverage hasn’t been served and after it’s been bussed.

The mask mandate honestly wasn’t that helpful in corralling unruly customers because they’d either argue that the mandate was not a law so they wouldn’t follow it, was unconstitutional so they wouldn’t follow it, or was irrelevant because they’d eventually be taking their mask off when their food was served (so... they wouldn’t follow it.)

But, while the presence of a mandate didn’t help much, the lack of a mandate has made things way, way worse. People who previously wore a mask now don’t believe it’s necessary for their health or that we have a right to set mask-wearing as a store policy.

But what they don’t understand and what I’ll reiterate for you now — private businesses can have any dress code they want.

Ever go to a fancy restaurant that requires suit jackets for men? Or a grocery store that requires... shoes? Yah. Where were the “freedom fighters” then?

Anyways - regardless of your opinion on masks - no need to argue it to me (in the comments or as a customer) because the owner makes those calls. My job is to enforce his decisions. Whether that be “all customers have to wear face masks covering mouth and nose” or if it were “all customers have to wear sleeveless denim vests,” I’d have to enforce it if he wanted it so. That’s literally part of my job.

Our in-house mask mandate at the restaurant remains firmly in place and I spent my entire shift telling people to comply or leave. Then telling them again. Then a third time. Then getting our larger, more physically intimidating line cook to tell them.

By the end of the shift I was a master at putting my hand up authoritatively and saying “Sir/Ma’m, it is your choice whether or not to wear a face covering, just as it is our choice to service you in this private business. So comply with our dress code or exit the premises.”

A few people called the police (or, more likely, acted as though they were) but at no point did any real authorities bother coming.

After my shift ended I was absolutely exhausted and ready to forget anti-maskers, covid-truthers, and just eat some banana oatmeal.

I hit the supermarket on the way home and the chain still require masks.

As I approached the door most people were maskless but stopped short of the entrance to put masks on, when seeing the sign, no problem.

The people directly next to me though, a mom with a classic

“You look good in Shil’vati finery by the way,” Hela murmured as she took his arm. “Exotic and familiar all at once.”

Jason turned his attention away from the massive mansion he’d been admiring. “Talking to me now, are you?”

The ride over had been almost entirely silent. He hadn’t even been able to get out of the car when it rolled to a stop in front of Hela’s hotel. Instead, the woman had clambered in, barely sparing him a glance before she pulled out a data-slate and started tapping away at it.

Not that Jason had a problem with that. If anything, it had been rather disarming. It had just confirmed in his mind that he was here as an exotic showpiece for the woman. Nothing more. Nothing less. Compared to fending off the woman’s advances all evening, a little casual dismissiveness was hardly an issue.

Or at least, that had been the case until now.

“Would you have listened?” Hela said, even as her eyes roamed analytically over the other party goers. “I’m not in the habit of wasting time and energy.”

“Didn’t stop you on our first meeting,” Jason said as they started moving up the steps of the mansion.

“An oversight on my part,” his companion admitted. “I made the mistake of treating you like a Shil’vati male.” She eyed him. “I won’t make that mistake again.”

Jason scoffed. “And what makes you think I’ll be more amenable to your advances now?”

“Advances?” This time it was Hela who scoffed. “This is conversation, dear. And while you might have humored me for a bit of it in the car, you wouldn’t have actually engaged me. I would certainly know. I do much the same thing when my first husband starts complaining about his friends at court.”

The pair of them stepped past the governess’s guards at the front door – both Rakiri, strangely enough – and into the mansion’s main foyer.

It was a hell of sight.

Dozens of priceless looking chandeliers floated about the ceiling. Quite literally floated – which suggested to him that some form of Shil’vati anti-grav trickery was in play. And though they bobbed and weaved like diamond jellyfish above the party goer’s head, they never once collided.

Something to do with air-currents? he wondered as Hela guided him forward.

Drawing his eyes down, he noted the thick marble pillars spaced in even rows marching down the foyer, as though beckoning visitors towards the entrance of what he assumed was a ballroom – or some other kind of rich person room. Delicately sculpted purple filigree, of some kind of plant he’d never

I love Keyforge.

But from time to time, mistakes can be made. Given the sheer number of effects that cards can have, I’m sure every player has found themselves forgetting things. Who hasn’t drawn up to the standard six cards while the opponent has Succubus in play? Or left Berinon intact upon a mutant creature entering play, when he should have become enraged? It’s easy to simply go on autopilot instead of slowly and methodically going through the motions, eyes sharp and alert to all that occurs. With that in mind, let’s take a trip back in time to October 2019, meet the professional player who walked away with a tournament win, and the drama that followed.

Before we proceed, I should say that I do not condone people making personal attacks or threats against anyone involved. This should not be turned into a witch hunt. I will be using the real name of the player in question since it is mentioned in the links I’ll be using, but please refrain from contacting him or anyone else mentioned.

Anyway, let’s first go over some basic information.

Keyforge and the Vault Tour

Keyforge is a game all about forging keys, as the name would imply. In order to forge keys you need ӕmber. Six ӕmber makes one key and the first to three keys wins. If you’re more interested in the quirks of the game itself – from overpowered cards to confusing rulings – check out my previous Hobby Drama articles on The LANS combo, Bait and Switch and Archimedes.

The Vault Tour is a series of official tournaments run by Fantasy Flight Games, the creators and publishers of Keyforge. While not as large as tournaments for the likes of Magic: The Gathering, Pokemon and Yu-Gi-Oh! the Vault Tours still garnered a respectable number of players for a new card game, peaking with the Birmingham Vault Tour in June 2019 which saw 388 players compete. Whether things would’ve gotten bigger in a non-COVID alternate timeline with the announcement of the Vault Warrior series, I guess we’ll never know.

The most common formats were Archon Solo – where players bring

A comprehensive guide to the scientific understanding of the Void.

Understanding the Void

>"That's right, it doesn't make sense. It's the void. " — Quantis Rhee

Of all the many concepts the Destiny universe has introduced to us, perhaps none evoke as much confusion and mystery as the Void. Many definitions abound. Some believe the Void to be gravity or dark matter. Some believe it is nothingness or the absence. Still others believe it is the line between Light and Dark or that it is neither.

As we will see, all of these definitions hint at a greater truth and my hopes in this post is to help make the Void a little easier to understand and grasp. Now I have spoken about the Void a few times (see here, here and here) but I wanted to dedicate this post specifically to the Void and it's understanding.

Throughout this post, water and by extension the ocean will be a common theme in order to help make the Void easier to visualize and understand. As we will see the parallels between the two are quite apt.

Full disclosure, this post is long, my longest by far. But stick with it and I guarantee by the time you finish reading it you will feel one step closer to understanding the true nature of the Void.

What exactly is the Void?

>"We do not ask this question. Well, Ikora might. But I do not." —Saint-14

The concept of the Void is well known to philosophy as "the concept of nothingness manifested". It is also closely related to the concept of Chaos in Western cosmogony referring to the void state preceding the creation of the universe or cosmos. Thus we understand the Void to relate to both a place and a power associated with Creation.

But like many things in the Destiny universe there is both a philosophical or spiritual element as well as a scientific element to it's understanding. Often Destiny is adept at blending the two. The Void is no exception. This post will primarily be focusing on the latt

3/31/21. Original Post

A couple of days ago, I awoke to find my daughter in a mute, unresponsive state. She had repetitive, stereotyped movements, like bracing herself on her arms, pushing herself upward repeatedly, to no effect. Her mouth was open with a fish-like look to it. Her legs were extending and rolling inwards. I'm not sure she was breathing. We called 911. Her oxygen level was 77% at the hospital, she didn't have a gag reflex, one pupil 3mm, one 4mm. They intubated her. They tried Naloxone, it didn't help. Hours later, they were able to extubate. Cognitively she wasn't herself, but she was alert, awake, and talking or responding with two or three words. She continually trailed off and lost her train of thought.

Over the next 24 hours, she descended into an altered level of consciousness. It's not clear why.

Now mute, eyes open, gaze tracking consistently to the left, "picking" at the sheet, incontinent,.

After ruling out some things in the ED (meningitis, encephalitis) The differential sounds like it includes Brain Injury, Seizure activity, Catatonia, and AutoImmune Encephalitis, (She had an abnormal Clock Drawing Task - only drew one half).

They asked but we didn't think it was an overdose; She was at our house, lying in bed, with me sitting on the chair at the end of the bed, watching her for the 24 hours before it happened. She did have what I thought was a "restless legs" thing before falling asleep after hours of "fidgeting." And she never once went to the bathroom.

She also had a full tonic-clonic seizure in her Dad's arms the day before all this started. (He and his dad have epilepsy, know what it looks like)

At the hospital, they ran a million labs and scans. Initially bad VBGs, and very high phosphorus, she continued to have elevated WBC for many, many days, immature granulocytes, poor HG, HCT low, RBC indices off, platelets very high. CO2 very low, Anion Gap elevated and climbing. Creatinine up briefly. Lumbar puncture was unremarkable. Many more results. Prolonged QT and ST segment problems. Inverted T maybe? Low potassium noted at some point.

Coming soon is a Brain MRI, Continuous EEG, Pelvic ultrasound. Possibly Empiric high dose steroids.

Will she live? Will she recover? Is she dying?

I'm just terrified. Have you seen such a picture and figured it out and had it go well? I need hope, courage, and support. It's hard to know when to push back when it feels like someone isn't taking in something we're saying that seem

It’s such a strange feeling, walking through rain that’s rising from the ground. Matilda and I debated driving away and waiting until morning to confront Cheshire but after an hour, Tilda just stood up and walked out of the RV. I followed. We passed through the yard with its little upside-down storm quickly. The water was cold and had the consistency of motor oil.

Tilda hesitated once we reached the porch.

This isn't how I pictured things ending when this all started. At least we'd finally found Cheshire.

“Do we knock?” she asked, leaning against the wall to catch her breath. The lines on her throat were bleeding again.

“I could kick the door down,” I lied. My legs were stiff, my muscles felt like jello with cement crawling through my veins.

Thunder broke gently above us, ramping up until it was a roar. Another jag of lightning rose in slow-motion from the ground towards the clouds. Matilda reached for the doorknob. It was unlocked.

“Fuck it,” she said, entering the house.

It was like walking into a bad acid trip. Nothing in the house was level. The floors were crooked, the walls uneven. What little furniture I could see was mismatched, broken, almost hostile. The entry room was dominated by twin staircases that twisted off into the ceiling. There was a bearskin rug covering the wooden floorboards. Only someone had replaced the bear’s head with a dirty blonde wig.

I reached down towards the hair and recoiled. It wasn’t a wig.

“We shouldn’t be here,” I said, turning for the door.

It was gone. There was nothing but a blank, grimy wall.

Matilda made a sound that was either a cough or a laugh. “Guess we gotta keep going.”

We pressed on. The halls were narrow and seemed to stretch on far longer than they should. They were full of blind corners, abrupt turns, and the occasional dead end. Some halls were dim. Others were so bright I had to squint and shade my eyes with my hand. On and on they rolled; we must have walked for more than an hour. Tilda was struggling to breathe the entire time, rasping and stopping every few minutes. I wasn’t faring much better. Each step felt like I had cinder blocks chained to my feet.

One of the hallways was lined with pictures. I tried not to look at them too closely. There were portraits with blurred faces, a landscape

Moved into our house last year and only one wall in our office had built-ins. The room seemed off balance and the built-ins had a desk, so there wasn’t a ton of shelf space. So, we started to look at options to build matching 9’ tall bookshelves on the opposite wall.

We got two professional carpenter quotes, the lowest of which was $7k. One was over $10k. Mind you matching the other older built ins isn’t easy, they have a few custom trim pieces and are stained a brown color you’d need to match. And because a bot asked me why I didn’t get a third quote...because holy crap, even $5k would have been an insane number to me.

After removing my jaw from the floor on the quotes, I thought, well hell, they’re just shelves it can’t be that hard.

An Imgur link is below, but just to walk through the steps and costs...mind you I had a lot of the needed tools like impact driver, drill, sabersaw, skill saw, triangles, levels, etc

Painted wall brown as there would be no backing on the boxes. Cost - 35

Built a 2x4 box for the base. Secured to studs. With 3.5” deck screws. 20

Purchased a proper 12” sliding compound mitre saw. The deepest shelf would be 12” so this could make all my trim cuts. $329 HPT/Metabo plus a 40 dollar finish cut blade.

Laid everything out, figured I’d do the long cuts with a $20 guide. It wasn’t easy...but cut all the base and upright and top pieces. 12” deep. Materials were pricey- six pieces of Baltic Birch 3/4, 100 Krug jig screws and jig, 100 long kreg screws for stud work, and a few other odds and ends was around 500.

Cut it all. Screwed it together. Including lengthening the tops of the uprights about 7 inches to match the height of the other shelves (9’).

Then cut the middle shelves which are 12” flush across the front to make the trims match. At this point it was starting to look like this wild ass plan of mine may actually work! Ha!

Then cut the 25+ 10” deep shelves for the rest of the job. I wised and when I bought the second several sheets of plywood had Lowe’s precut these for me and it saved a huge hassle with the guide/skill saw.

Laid them out, kreg jigged four holes in each (downward facing on the bottom and upward on the top so you can’t see the holes standing or sitting near them. Bought 100 more 1.25 kreg screws! And a new torpedo level as my old one crapped out - 25

My wife then helped me screw each shelf in level.

Started messing with general finishes gel stains to mix into the right color. Spent two weeks b

So this is a tad unusual for the sub, but I do think it qualifies as an unresolved mystery! Crosspost from /r/HobbyDrama.

I'm sure most of you have heard of the Pokemon trading card game (TCG). Many TCG fans don’t actually play the card game. Rather, they aim to collect rare cards and amass impressive collections. While TCG players might hunt for the most powerful cards, TCG collectors hunt for the rarest. Why? Don't ask me.

Anyone who dabbles in collector spaces would know that there are a few rare items elevated to legendary status in every collecting medium. I suspect that many of you have heard of the first edition holo Charizard, a card so desirable that it has entered mainstream consciousness. Those of you who are more involved in Pokemon affairs may also know that the Pikachu Illustrator is a card even rarer than Charizard. Other uber-rare cards include Trainers No1 through No3 and the Master Key.

However, these cards all pale in comparison to the big grandaddy of them all: alternately described as the Bigfoot or the Holy Grail of the hobby, the Pre-Release Raichu. This is a normal Raichu base set 14 card. It isn’t worth the paper it’s printed on. This is exactly the same card with “PRERELASE” stamped on the bottom-right corner of the art. It is legendary.

#The Legend of Pre-Release Raichu

Before I get into the drama of whether Pre-Release Raichu even exists (usually shortened to PR Raichu or Prechu for brevity), you need to know its story. Trading cards are produced in sheets, which are then cut into individual cards. The legend of Prechu is as follows: A sheet of mainly pre-release Clefairy cards, which were intended to be stamped with a PRERELEASE stamp, were printed on the same sheet as a run of 8-11 Raichu cards (the exact number varies depending on who you ask). However, there was an error in stamping, and the Raichu cards also received the stamp. The managers noticed and corrected the error in the next run, but what to do with the misprinted Raichu cards? According to legend, they were divided among the staff and taken home. At the time, the Pokemon TCG was being printed by Wizards of the Coast (WOTC), whom you may have heard of from Magic: The Gathering.

What began as a simple urban legend blew into epic proportions as TCG fans real

To make myself feel better, and because I know all y’all are interested, I’m dropping my thoughts on all of this nonsense. Maybe Bex or the team will read it and file it away as something they heard someone say somewhere.

In any case, PoE has so much content that I can’t even come remotely close to significantly engaging with most of the content. Some information:

I’ve played PoE regularly since around Beastiary. The first league I remember getting excited about was Delve, and definitely since then I’ve played regularly.

What is regularly? I typically get one or two characters per league up to the mid 90s or so. I play maybe 5-10 hours per week, depending on work, what the kids got going on, and the schedule of my other hobbies. I play on Xbox because the only PC I have at home is my work ThinkPad and even if my company approved the installation, I’m fairly sure the thing couldn’t run the game. But when I play video games, it’s usually PoE. While i feel like I’ve played for a long time, and I’ve invested a lot of time playing and reading and watching PoE, there’s a whole list of things I have never done. I’ve never even come remotely close to doing:

• killed shaper. Not even once. I’ve never even collected enough fragments to attempt to kill shaper

• killed Sirus. I’ve tried. But I’ve died. I think there’s been ONE league where I then was able to grind enough maps to try again. And I died again.

• come anywhere remotely close to unveiling enough recipes to get some of the good ones, like a trigger craft.

• come anywhere close to delving deep enough to get 6-link or usually even the 5-link crafts

• never killed the grove boss

• I think I grinded to Catarina. Once. By accident.

• heist? Not even close. I didn’t really like the heists anyway, so didn’t get far there. Not that I could’ve though because I didn’t get blueprints or whatever or have the time to figure it out.

• I haven’t unlocked the fifth spot on my map device from the legion league monolith thing

• blight was fun, but I don’t even know if there is a boss. I certainly don’t ever usually get enough oils to do much with.

• metamorph: again, is there a boss? I don’t know. But it’s fun fighting big Uber monsters.

• delirium? I think I’ve gotten to the first boss fight once? Maybe.

• most leagues I don’t always get Uber lab done. Because I don’t get the trials and then maybe I die in Uber lab and don’t want to do it again and then forget the next Thursday when I play again.

EDIT: I am not good at titles so as suggested by u/TheDevilHimself_777 the title for this post should have been: GAMESTOP - FROM ALMOST BANKRUPTCY TO BUSINESS RAISES (or something like that)

Hello, I am reposting this because my initial post did not get a lot of views and I think this is something that needs to be known.

This is not financial advice. I will post some words and some pictures, but in the end you do what you want. I will say that I have some experience in audit and financial analysis. That is all.

Anyway... I gathered you all here today to talk about GameStop. I will start from the findings of other DD authors, most of which reached the conclusion that the over-shorting of GME stock was built upon the bet/knowledge/assumption that the company would go bankrupt.

So why would they think that? Perhaps they knew something anyone else didn't. Or maybe it was a calculated risk. Who knows... What we can do is look into the past and try to understand why they thought that.

Whenever I am assessing a company's creditworthiness, I always tend to look at the Expected Default Frequency (EDF) as well. For those of you who don't know, the EDF measures the probability that a company will default on payments within a given period by failing to honor the interest and principal payments, usually within a period of one year.

In short: The probability of the company going bankrupt.

So it just occurred to me to look at GME, and what I found is truly amazing. If you had any doubts about GameStop not going bankrupt, take a look at this shizzle:

GME EDF 3Y

This data is from Moody's Credit Edge, and it is highly reliable. I know their ratings can sometimes be shady or even pure shit (the 2008 Financial Crisis was possible because of Moody's and S&P CDO ratings), but in this case, this is data we can actually rely on.

As you can see in the pretty drawing above, the EDF started skyrocketing in December 2019 and has remained at worrying levels throughout 2020. The peak was at 18.4% EDF on April 3'rd 2020. That. Is. Fucking. BAD. An EDF of 18% or 15% or 10% or even 5% is fucking horrible. It does not mean that the company will 100% go bankrupt, but the probability is extremely high. So high, that you might want to bet on it going under. And some hedgehogs did exactly that.

But why GameStop? If we look at the pretty dra

Hello! I am back once again with more excel spreadsheets!

I'll admit I was very happy to see the massive loss incurred by Melvin Capital, but it kept nagging me, how the hell did they manage to loose literally 49% their portfolio?

So I decided to look at their most recent 13F to see what kind of shenanigans they got themselves into.

First I am going to explain my methodology, my first step is to look at their entire balance sheet to sum all their assets for Q1, assuming nothing was sold or bought (this is not true as they have filed a handful of 13Gs).

To simplify, I assumed all options had the same value, and ignored any "underwater" option from their assets as they are most likely near worthless.

I then looked at their put options, assumed that they would short in accordance with the value of their put position and assigned each security a weighting accordingly.

I also ignored any profits they may have made from shorting stocks to minimize their theoretical profit for Q1, which in turn minimizes losses from bad shorts and biases in their favor again.

I then took the Bloomberg report of a 49% loss from Q4, to Q1 to find their current book value, and then subtracted it from the Q1 value I previously calculated to find their liabilities.

Now that I had their liabilities, I multiplied it with the weighting for each stock that was sold short but increased in price.

Here is the loss porn! (conservative estimate)

• AMCX: 478,836,892 in losses!
• AG: 1,648,838,826 over 1.6 billion in losses!
• GME: 2,529,557,876 in losses
• SPG: 2,377,789,757 in losses

Shares sold short based on current market prices:

• AMCX: 9,276,189 shares sold short
• AG: 95,088,744 shares sold short
• GME: 15,973,464 shares sold short
• SPG: 20,514,103 shares sold short

Now assuming all else remains equal, the price of GME needed for Melvin Capital to have net assets of 0, is 881,19$. That being said, almost all brokers require you to have some collateral to ensure you can pay back any share sold short, so factoring in a margin requirement of 50%, Melvin Capital get a margin call at 587.46$. At a margin requirement of 100%, Melvin Capital get margin called at 440.59$.

What was the all time high of GME before trading got shut down? 483$

At what price did we have that massive short attack in March? 360$

**Putting everything together, I believe that Melvin Capital was almost margin called twice already. They were only saved the first time because typically

TL;DR- Citadel and friends have shorted the treasury bond market to oblivion using the repo market. Citadel owns a company called Palafox Trading and uses them to EXCLUSIVELY short & trade treasury securities. Palafox manages one fund for Citadel - the Citadel Global Fixed Income Master Fund LTD. Total assets over $123 BILLION and 80% are owned by offshore investors in the Cayman Islands. Their reverse repo agreements are ENTIRELY rehypothecated and they CANNOT pay off their own repo agreements until someone pays them, first. The ENTIRE global financial economy is modeled after a fractional reserve system that is beginning to experience THE MOTHER OF ALL MARGIN CALLS.

THIS is why the DTC and FICC are requiring an increase in SLR deposits. The madness has officially come full circle.

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My fellow apes,

After writing Citadel Has No Clothes, I couldn't shake one MAJOR issue: why do they have a balance sheet full of financial derivatives instead of physical shares? Even Melvin keeps their derivative exposure to roughly 20%...(whalewisdom.com, Melvin Capital 13F - 2020)

The concept of a hedging instrument is to protect against price fluctuations. Hopefully you get it right and make a good prediction, but to have a portfolio with literally 80% derivatives.... absolute INSANITY.. it's is the complete OPPOSITE of what should happen.. so WHAT is going on?

Let's break this into 4 parts:

1. Repurchase & Reverse Repurchase agreements
2. Treasury Bonds
3. Palafox Trading
4. Short-seller Endgame

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Ok, 4 easy steps... as simple as possible.

Step 1: Repurchase & Reverse Repurchase agreements.

WTF are they?

A Repurchase Agreement is much like a loan. If you have a big juicy banana worth $1,000,000 and need some quick cash, a repo agreement might be right for you. Just take that banana to a pawn shop and pawn it for a few days, b

Had posted in another sub but realized it’s actually a much better fit for here...

I’m a waitress. Our restaurant strictly requires masks while indoors if your meal/beverage hasn’t been served and after it’s been bussed.

The mask mandate honestly wasn’t that helpful in corralling unruly customers because they’d either argue that the mandate was not a law so they wouldn’t follow it, was unconstitutional so they wouldn’t follow it, or was irrelevant because they’d eventually be taking their mask off when their food was served (so... they wouldn’t follow it.)

But, while the presence of a mandate didn’t help much, the lack of a mandate has made things way, way worse. People who previously wore a mask now don’t believe it’s necessary for their health or that we have a right to set mask-wearing as a store policy.

But what they don’t understand and what I’ll reiterate for you now — private businesses can have any dress code they want.

Ever go to a fancy restaurant that requires suit jackets for men? Or a grocery store that requires... shoes? Yah. Where were the “freedom fighters” then?

Anyways - regardless of your opinion on masks - no need to argue it to me (in the comments or as a customer) because the owner makes those calls. My job is to enforce his decisions. Whether that be “all customers have to wear face masks covering mouth and nose” or if it were “all customers have to wear sleeveless denim vests,” I’d have to enforce it if he wanted it so. That’s literally part of my job.

Our in-house mask mandate at the restaurant remains firmly in place and I spent my entire shift telling people to comply or leave. Then telling them again. Then a third time. Then getting our larger, more physically intimidating line cook to tell them.

By the end of the shift I was a master at putting my hand up authoritatively and saying “Sir/Ma’m, it is your choice whether or not to wear a face covering, just as it is our choice to service you in this private business. So comply with our dress code or exit the premises.”

A few people called the police (or, more likely, acted as though they were) but at no point did any real authorities bother coming.

After my shift ended I was absolutely exhausted and ready to forget anti-maskers, covid-truthers, and just eat some banana oatmeal.

I hit the supermarket on the way home and the chain still require masks.

As I approached the door most people were maskless but stopped short of the entrance to put masks on, when see