Jokic is an MVP caliber player and got his regardless but Marc Gasols defense on him might've been the best i've seen anyone play all year. Jokic shot 12/28 from the field and was limited to only 5 assists.
From reading a lot of comments here I can already sense troubles. It will be a repeat of the AMA Goldstein episode. People already start complaining that she is a defeatist and has no clue why GME is different because she didn’t read any of the DD so she doesn’t know what we know and blablabla
Obviously she will not be in a position to give many apes the desired “1 gazillion is the floor and squeeze soon” confirmation, because she simply doesn’t know. As well as nobody else knows (unless we do an AMA with Kenny boy himself but I guess he is currently busy with pulling assets to avoid a margin call)
And of course it can be expected that she will be less enthusiastic about the probability because she knows the rigged system from the inside and she has spent many years fighting against this absurd rotten conglomerate called Wallstreet but to no avail.
While in general I find it an interesting and valuable opportunity to hear first hand from an insider and expert rather than getting fired up by random DDs from some amateur rookie apes about “secret rabbit holes” (fully respecting everyone who makes an effort to contribute) I’m afraid that this will do not much good again.
So please apes, manage your expectations, don’t expect the poor woman to deliver something she simply can’t and to just tell you what we all want to hear.
She will be able to deliver some valuable first hand insights into the DTC and the financial system overall BUT she will NOT be able to give any detailed profound opinion on GME and its squeeze potential.
So please bear that in mind, remain realistic and respectful and don’t go full ape shit.
Rest assured she will definitely be happy for us if this GME thing manages to deliver a deserved blow to the system and for once retail comes out on the fair winning end 🍌 💎💪
Many of us have assumed that the MOASS will be paralleled by a broad and significant market downturn. Given that the SEC, FED, DTCC and other agencies and institutions know roughly how GME may play out, it would not be surprising to see the FED telegraph the MOASS (and accompanying market correction/crash) in advance. Thus, I have been keeping an eye out for signals from the FED.
Let me assume for a minute that the quotes CNBC pulled for this article are accurate:
These would be statements by the FED in their semiannual Financial Stability Report. I haven’t had a chance to find the original source. Edit see source link below. 🐻 Bear with me. Here are some quotes from the FED:
“High asset prices in part reflect the continued low level of Treasury yields. However, valuations for some assets are elevated relative to historical norms even when using measures that account for Treasury yields," the report states. "In this setting, asset prices may be vulnerable to significant declines should risk appetite fall."
This is bearish for the markets.
“In an accompanying statement, Fed Governor Lael Brainard said the situation bears watching and points out the importance of making sure the system has proper safeguards. She specifically mentioned having banks increase their capital requirements during economic expansions as a buffer against downturns.”
Ok....warning banks about capital requirements/liquidity....
“Vulnerabilities associated with elevated risk appetite are rising. Valuations across a range of asset classes have continued to rise from levels that were already elevated late last year," Brainard said. "The combination of stretched valuations with very high levels of corporate indebtedness bear watching because of the potential to amplify the effects of a re-pricing event."
Ok now basically straight up warning of a “re-pricing event”. I think they mean correction? The above is a clear warning about “corporate indebtedness” (read: LEVERAGE). Don’t believe me?
“The Fed goes into a few specific scenarios that show potential risks to the system. It specifically talked about the Archegos Capital Management episode, when the firm could not meet margin calls, causing several large banks to take big losses.”
"While broader market spillovers appeared limited, the episode highlights the potential for material distress at [nonbank financia... keep reading on reddit ➡
Update: I spoke with HR VP (to clarify, my peer). This lady is apparently feeling “threatened” and in a “hostile” work environment. Apparently everyone has turned on her. She’s been reported by numerous people for discussing it and it made them feel uncomfortable (I know because they are messaging and calling me). She’s toxic and people are tired of it.
I of course am on the hiring panel for this VP role she wants. Now she thinks we’re going to target her and she not get the position. She told HR that I was turning people against her.
I haven’t called one person to speak on it. People are calling me and offering support.
HR has apologized for not supporting me and assuming without investigating. I was told that they are taking appropriate steps to stop her behavior.
We all know the “lead by example” and other corporate lingo.
Well my organization is big on, “Just because you have the PTO doesn’t mean you get to take the same day off” type of mentality.
So I’ve been taking a particular day off every week because I am battling cancer at the moment and this day is when I receive my injection.
I had a peer contact me through a surprise virtual meeting. She first started off stating that she “respected me” and that others had been talking. So she wanted to say something. She then goes on to say that we must lead by example and must not do the things we ask our associates not to.
She finally gets to the point and tells me that others have noticed and some of my direct leaders (I have a team of roughly 400 reporting into me, so it could be anyone) have come to her expressing concern about this particular day off that I take every week. She said “the optics” don’t look good. So she wanted to say something so I didn’t put my job at risk or something similar.
So I calmly said “well you can tell the others that they can rest assured when I complete my chemo, that I’ll stop taking this particular day off”.
She starts crying, her husband hears this and he gets upset and curses at me asking “why’d you make my wife cry”. The screen goes blank.
I get a message from HR VP asking to speak. Apparently I gaslighted her and she is upset that I did that. Apparently I should have stopped her early in the conversation instead of letting her go down “the rabbits hole”. Basically I set her up to embarrass herself and look inconsiderate.
So yeah, I’m in the wrong because a nosey lady couldn’t mind her business. They’re asking me to apologize to smooth things... keep reading on reddit ➡
Seriously, I see almost no one using their food and getting stomped for it. It's not like food resources are rare or anything. This is what you could rock up to a boss with:
Delicious Adeptus' Temptation: +372 ATK, +12% crit rate.
Delicious Moon Pie: +235 DEF, +35% shield strength.
[Any] Potion: +25% damage to any one elemental damage.
Those numbers are no joke. Which is probably why they're not allowed in the Abyss.
To elaborate, you might have found yourself in a pub near a table of rowdy men. A friend of theirs walks through the door, possibly a bit late to their gathering. As the late attendee walks in, one of the group points out the new arrival to the rest of the group and says 'here comes trouble'. As the new arrival approaches the group someone says to that person 'Who let you in?'. At a later point when someone is handed a pint the words 'get that down you, son', will be said.
What other common phrases might you hear from this group?
Edit - ignore the question about the name of the stereotype, I'm more interested in the other possible phrases.
I work at a large company that we like to call Wally-World
Wally-World has a break policy where you are allowed to take an hour long (unpaid) meal break, but it has to at least be 30 minutes. Now a lot of the older people don't mind taking just 30 minutes, but it's common rule that minors should follow the hour long meal schedule.
I was told that anytime I was getting a meal break, I could take an hour. I typically only do 45 minutes, but still long enough for me. The thing is, that minors can't work longer than 30 hours a week be it during a normal school week.
I average 28 hours a week. That's two 8 hour shifts on the weekend, and three 6 hour shifts during the week days typically. I'm nearing 6 months and have always taken a 45 minute long meal break. Now I'm suddenly being told that if I work 6 hours then I should only be taking a 30 minute meal break.
My department was very insistent on that for anyone working 6 hours. I was confused seeing as all the new hires could take hour long meals during their 6 hours shifts but I suddenly couldn't?
At the time I didn't realize this, but if I take only a 30 minute lunch with those shifts then I would be going over the time I was allowed to work. (7+7+5.5+5.5+5.5=30.5)
I started to question it all, and it took a few weeks (of going over 30 hours) to finally ball up and talk to my store's personal about it. At first she was confused, but after I explained it all and went into the website to show the exact times I had been clocking in and out, she just told me to follow my schedule and I thought that was that.
Of course my department managers weren't too happy, but they suddenly stopped telling me to take shorter breaks and started asking if I would be willing to take shorter breaks. I didn't realize that they actually got in trouble until an older coworker overheard the managers talking about scheduling all the breaks when I'm not supposed to take 30 minutes anymore.
TL:DR managers tried telling me to take shorter breaks which put me over the max hours I'm allowed to work in a week as a minor. I asked store manager about not being allowed to take longer breaks, and got my department managers in trouble. I'm not told how long I should take anymore :)
Edit: I really don't plan on leaving Wally-World. Mostly because I live in a small town and Wally-World pays me the best. I've already had two jobs before this, and so far Wally-World has been the best. The only reason I got into this issue is because I st... keep reading on reddit ➡
When kids don't want to get in trouble with their parents, I wish they'd stop lying to them to make it seem like it's all our fault. The parent of course, always believes them and instead of asking us about it, goes straight to admin. It just creates such a headache.
I have a student who has an F in one of the two subjects I teach her. Mom asks her about this and according to mom, she broke down in tears saying she's scared of me. She's too scared to ask questions, because when she does I'm apparently constantly telling her to be quiet and stop asking things. Also, I supposedly constantly tell her she can't go to the bathroom (I'm not doing that), and that during dismissal I keep refusing to let her leave even though she's begging me because their name was called. I told mom I'm confused because I don't even do their dismissal, she can always go to the bathroom, and that she and I are always talking and laughing and joking in class.
Because she went straight to admin, I had to have this conversation in admin's office. Mom told admin I don't communicate enough about her grades (this is 5th grade and mom can see all assignments and grades online whenever she wants) and that she expects me to call her every single time her child misses an assignment. You know, instead of checking in on regularly and making her child responsible. I have over 50 students. I don't have time to be calling every parent for every missed assignment.
She threatened to withdraw her daughter because "I can't have my child in a class where she's afraid of the teacher."
I'm just exhausted from these kids and parents immediately trying to get teachers in trouble instead of taking responsibility and/or talking it out with us first. It's really dealing with parents that's the biggest headache about this job for me.
Paraphrasing from our friends at Better Markets to get your attention.
Citadel moves something like 47% of retail trades through it's system. When they get liquidated, it's very likely your current broker will not have an immediate way to execute your trades. I'm not just dinging RH, here. TD,
Fidelity, basically, any broker that isn't charging you a commission to trade is going to be impacted. Per Piwowar in the last hearing, it could take up to a week for the gap in trade clearing for retail to resolve.
u/Syvaeren has graciously given us with way around this. Find your broker in the post, and follow the directions to route your trades to another exchange. In the long term, this will let you sell when Citadel goes dark, but in the short term, your buys will have a real impact on the ticker price as it won't bounce around Citadel's dark pool to resolve first.
If you don't see your broker in the post, please do us a favor - call them. Figure out how to direct your trade elsewhere, and comment in the post. This will keep things up to date for apes down the road.
Keep those hands diamond, apes. Greener days are coming!
EDIT: A couple of people pointed out that Fidelity only uses Citadel for clearing margin. striking them from the call out. Also, as Rensole points out below, brokers have alternative clearinghouses, but it's still worth looking this over to cover your butt.