The Donald vs Big Tech

[open face surgery]

Gas how demented the world has got. If you were to write an absurdist comedy on the impact of technology and tech giants on modern life, they'd tell you to rein it in if this was your storyboard.

https://www.bbc.com/news/world-middle-east-55765516

That's amazing. Hahahaha. 'Vengeance is definite' doesn't sound like a man mincing his words.

[Kurt Cocaine]

Gas how demented the world has got. If you were to write an absurdist comedy on the impact of technology and tech giants on modern life, they'd tell you to rein it in if this was your storyboard.

https://www.bbc.com/news/world-middle-east-55765516

That's amazing. Hahahaha. 'Vengeance is definite' doesn't sound like a man mincing his words.

Much as I love Big Donnie ❤️ it would be quite apt for him to go on the golf course like a true warrior legend.

[astfgyl]

Not exactly the place but as this is sort of US thread, anybody watching the r/wallstreetbets vs hedge funds which is currently unfolding?

It will be interesting to see what sort of rules are introduced to protect the hedge funds as that will certainly be the outcome.

Of course I can only read other folks summaries and have to try learn a bit as I go, but I have a soft spot for investors getting a bit of a kicking

Edit: hang on it might be over before it gets going..

Nasdaq President Adena Friedman: We monitor social media chatter and will halt stock if we match chatter with unusual activity in stocks

[Pedrito]

Gas how demented the world has got. If you were to write an absurdist comedy on the impact of technology and tech giants on modern life, they'd tell you to rein it in if this was your storyboard.

https://www.bbc.com/news/world-middle-east-55765516

That's amazing. Hahahaha. 'Vengeance is definite' doesn't sound like a man mincing his words.

Much as I love Big Donnie ❤️ it would be quite apt for him to go on the golf course like a true warrior legend.

What's even more surreal is which leader is allowed use Twitter, an American company founded in the cradle of the hippy movememt and possibly the more liberal place in the world. A company that mightn't think it but is the direct result of every American value. Jim Morrison never saw stranger days. Big Donnie more dangerous than the Ayatollah..some craic.

[Ollkiller]

Gas how demented the world has got. If you were to write an absurdist comedy on the impact of technology and tech giants on modern life, they'd tell you to rein it in if this was your storyboard.

https://www.bbc.com/news/world-middle-east-55765516

That's amazing. Hahahaha. 'Vengeance is definite' doesn't sound like a man mincing his words.

Much as I love Big Donnie ❤️ it would be quite apt for him to go on the golf course like a true warrior legend.

What's even more surreal is which leader is allowed use Twitter, an American company founded in the cradle of the hippy movememt and possibly the more liberal place in the world. A company that mightn't think it but is the direct result of every American value. Jim Morrison never saw stranger days. Big Donnie more dangerous than the Ayatollah..some craic.

Didn't they ban the Ayatollah after that tweet.

[Nazgûl]

Yep they did.

[Mower Liberation Front]

Wasn't Khameini's official page - it's still up. It retweeted the golf thing, but then removed it. 

[Ollkiller]

Wasn't Khameini's official page - it's still up. It retweeted the golf thing, but then removed it.

Aye. They blocked the one it came from. He's got loads of accounts anyway.

[Mower Liberation Front]

Not exactly the place but as this is sort of US thread, anybody watching the r/wallstreetbets vs hedge funds which is currently unfolding?

It will be interesting to see what sort of rules are introduced to protect the hedge funds as that will certainly be the outcome.

Of course I can only read other folks summaries and have to try learn a bit as I go, but I have a soft spot for investors getting a bit of a kicking

Edit: hang on it might be over before it gets going..

Nasdaq President Adena Friedman: We monitor social media chatter and will halt stock if we match chatter with unusual activity in stocks

CNN have started blaming the whole Gamestop thing on Trumpism. 

What I find the funniest about this is is the poor old Mets have done it again. Years ago, their owners signed a bunch of new players, and ended up losing a few hundred million dollars thanks to getting involved with Bernie Madoff.
Now,  Steve Cohen buys the Mets, signs a bunch of players, and loses a couple of billion thanks to a bunch of Redditors.

[astfgyl]

Not exactly the place but as this is sort of US thread, anybody watching the r/wallstreetbets vs hedge funds which is currently unfolding?

It will be interesting to see what sort of rules are introduced to protect the hedge funds as that will certainly be the outcome.

Of course I can only read other folks summaries and have to try learn a bit as I go, but I have a soft spot for investors getting a bit of a kicking

Edit: hang on it might be over before it gets going..

Nasdaq President Adena Friedman: We monitor social media chatter and will halt stock if we match chatter with unusual activity in stocks

CNN have started blaming the whole Gamestop thing on Trumpism. 

What I find the funniest about this is is the poor old Mets have done it again. Years ago, their owners signed a bunch of new players, and ended up losing a few hundred million dollars thanks to getting involved with Bernie Madoff.
Now,  Steve Cohen buys the Mets, signs a bunch of players, and loses a couple of billion thanks to a bunch of Redditors.

Pure poetry. The reported losses are massive.

There is a good overview here https://www.google.com/amp/s/www.pcgamer.com/amp/the-white-house-is-monitoring-the-situation-as-reddit-pushes-gamestop-stock-even-higher/ for anyone who hasn't heard the story.

I could see the hedge funds lobbying hard to put a stop to this real quick

Edit: citron have made a rather surprising sounding statement on the possibility of WH involvement. Does somebody see a future in astroturfing on reddit as a way to manipulate share prices? I think maybe wallstreetbets could
be the architects of their own demise with this success

[Kurt Cocaine]

 

[Bigmac]

Keith's video was the first I heard of the Reddit debacle, actually.

3 billion in losses is unreal. It'll be interesting to see what sledgehammer they drop on this kind activity.

https://www.youtube.com/watch?v=4F3k2ESpI9I&ab_channel=KeithWoods

[boozegeune]

Decent player in his day was Keith

[Kurt Cocaine]

Seemingly, sometime in the past, he made what's been described as a sordid gay porn movie...

In The Woods.... 

[open face surgery]

Good to see him with the hair back as well.

This is fascinating stuff.