Lurker > Frolex
LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, Database 7 ( 07.18.2020-02.18.2021 ), DB8, DB9, DB10, DB11, DB12, Clear
| Board List | |
|---|---|
| Topic | Rush Limbaugh would give 'AIDS Updates' to celebrate and mock AIDS related death |
| Frolex 02/17/21 10:47:30 PM #57 | Why are we assuming Vicious_Dios was being sarcastic? He's the kind of person that would think the "AIDS Update" is classy --- |
| Topic | You gotta love how all the QAnon believers don't know |
| Frolex 02/16/21 10:31:14 PM #12 | Robot2600 posted... That the entire meme has been around for years and it's just a transformation of the "Subterranean Lizard People" from over a decade ago. no, it's really just another repackagng of old anti-semetic conspiracy theories. and many q anon followers do know that and are very acutely aware of it --- |
| Topic | Goldeneye speedrunner discusses leaked XBLA remake of the game |
| Frolex 02/15/21 10:05:13 PM #27 | people who play videogames fast can have a little bit of fascism, as a treat --- |
| Topic | Once upon a time in Hollywood got pretty weird at the end *spoilers* |
| Frolex 02/14/21 1:05:47 PM #29 | |
| Topic | If Bioware goes back on their decision to change the ass camera angles in ME: LE |
| Frolex 02/08/21 9:14:42 PM #91 | hockeybub89 posted... I can't believe they are taking away the old textures and lighting. If they don't give you the choice to experience the original games in their entirety, then it's lazy corporate greed and anyone who buys the game is a anti-consumer bootlicker helping destroy the industry. to be fair, the halo remaster let you do exactly this --- |
| Topic | The GameStop Rally Exposed the Perils of 'Meme Populism' |
| Frolex 02/08/21 8:18:23 PM #1 | https://nymag.com/intelligencer/2021/02/gamestop-wallstreetbets-twitter-populism-progressives.html Last week, a motley mass of shitposters, gambling enthusiasts, and disaffected Zoomers united by hate for Wall Street and love of chicken tenders beat a multibillion-dollar hedge fund at its own game. Through their collective intelligence and audacity, users of the Reddit forum WallStreetBets executed a sophisticated short squeeze that took money away from some billionaire speculators, gave it to some badly indebted workers, and made a mockery of neoliberal capitalisms legitimizing myths. Unfortunately, right when these working-class retail investors had Wall Streets titans on the run, the plutocracys visible hand appeared to reach down and thwart them: Robinhood, a trading app popular with young recreational investors, suddenly barred its users from buying GameStop shares, thereby relieving pressure on the hedge-fund shorts. That is one way of recounting the GameStop rally, anyway. --- |
| Topic | Imagine thinking that UHC, 40% marginal tax, $15 min wage = Radical Extremism.. |
| Frolex 02/08/21 10:13:59 AM #4 | Were_Wyrm posted... Now if we could just get politicians with those ideals to vote for. this is literally the current administration agenda --- |
| Topic | Trump Supporters Cancel Bank of America Out of Petty Anger |
| Frolex 02/07/21 10:41:11 AM #11 | ncsonic posted... Funny how Republicans hate cops when the agenda suits them Conservatism consists of exactly one proposition, to wit: There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect. -Francis M. Wilhoit --- |
| Topic | Was the GME pump and dump really a protest? |
| Frolex 02/05/21 10:07:27 AM #22 | darkphoenix181 posted... Yes it literally happened. Did you not watch the news last week? https://twitter.com/CopingMAGA/status/1355347691765686279 He might have been watching the news, just not the fake news you were --- |
| Topic | Jen Psaki REJECTS Tiny Republican Package |
| Frolex 02/04/21 6:45:39 PM #13 | CouldBeAnAlt posted... This lathissamus guy seems really upset triggered that he's now forever known as a welch because he staked his account on his orange daddy --- |
| Topic | People really bought GameStop at $300 a share |
| Frolex 02/04/21 6:44:16 PM #32 | DarkRoast posted... No it's not. This turned out exactly like every short squeeze bubble ever. wasn't even really a short squeeze, just a pump and dump --- |
| Topic | Gamestop is now Killing the LITTLE GUYS as One Man is DESTROYED losing 850K!! |
| Frolex 02/04/21 11:41:12 AM #63 | Samurontai posted... Everybody who knew anything about stocks knew that the little guy was just screwing themselves over while making the hedgefunds richer populist rhetoric is a hell of a drug --- |
| Topic | Newsmax host is very upset about, well, I'll let you see for yourself |
| Frolex 02/04/21 11:37:22 AM #16 | |
| Topic | Here in the USA the 20 pound propane tanks only hold 17 pounds. |
| Frolex 02/04/21 1:23:41 AM #2 | |
| Topic | What's wrong with Matt Gaetz's face? |
| Frolex 02/04/21 12:52:12 AM #6 | lmao my dude looks like fuckin Dennis Reynolds without makeup  That's what his soul looks like --- |
| Topic | Feel bad for delusional GME bag holders |
| Frolex 02/03/21 2:19:26 AM #2 | |
| Topic | Mitch McConnell BLASTS Marjorie Taylor Greene for being a moron |
| Frolex 02/02/21 11:26:37 AM #9 | Antifar posted... She fucks up the money, which is why he's upset.  --- |
| Topic | Stock Market General #13 |
| Frolex 02/02/21 10:07:17 AM #251 | Makeveli_lives posted... Hedge funds lost big this week though. Had a billionaire crying on TV. Hedge funds made made billions this week champ.  Unsurprising the kind of people who bought into a reddit ponzi scheme are the kind that convinced themselves retail traders were the ones trading the major volume in this and not trillion dollar funds --- |
| Topic | Stock Market General #13 |
| Frolex 02/02/21 10:02:38 AM #243 | wow, who could have seen this coming except everyone who wasn't a fucking moron. kudos to anyone who bought in when the stock was below $50 and made off when the price peaked. everyone else, congrats staking your paycheck on a ponzi scheme making billions for THE BIG GUY and letting a handful of sharks on the internet laugh all the way to he bank in their new Beemer--- |
| Topic | How illegal is this? |
| Frolex 01/31/21 9:21:13 PM #2 | this is the kind of topic you get when you make it a point not to ban trolls --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 12:24:11 PM #66 | crayola555 posted... Ok so no actual response? Or are you just agreeing with me? This is like the third post you have that's got no context and completely out of the ways of what we're talking about. Just give it up for this at this point. If you still don't understand the point after i've explained it to you multiple times and linked you multiple other articles explaining it to you, I don't know what else to tell you. crayola555 posted...
That's a very different claim from saying Robinhood was the only broker that stopped trades on GME crayola555 posted...
No, there's not. baseless speculation from people who didn't know what clearing house even was until a few hours ago does not constitute "very incriminating evidence" of financial malfeasance. crayola555 posted... Which according to Vlad was not an issue at all. When Cuomo asked about why they were restricting trades he did not mention at all anything about collaterals and fees. All he kept stressing was they did it to "follow rules and guidelines", so obviously the cost and bankruptcy was not even a thought that crossed their minds.wrong yet again. read the articles. crayola555 posted... Yes, thank you. And just like how you are uninformed in this whole topic, you are also uninformed about me. My name here is not named after any snack food actually. Close, but no cigar nah, from the sound of things i was right the first time --- |
| Topic | Kinda crazy how Trump was kicked off of social media and there's been absolutely |
| Frolex 01/30/21 12:03:02 PM #36 | Conservatives whine about how much disproportionate influence social media companies have, but always neglect to mention the part where that level of unfettered access to american discourse is the only thing than enabled their little far-right populist surge in the first place. convenient that they only have a problem now that they're on the shit end of the stick but were completely silent on the role social media played in the rise of Q and election fraud conspiracies, and covid misinformation and all the other myriad false right wing narratives that spread like wildfire the past 5 years --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 11:37:34 AM #60 | PurestProdigy posted...
on that we agree --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 11:35:55 AM #59 | crayola555 posted...
Yes, that's exactly what we're talking about. Read the article. crayola555 posted... RH is the only one that imposed restrictions on their stocks, none of the others had any.wrong. there were other retail brokers that were also stopping trades on those tickers. crayola555 posted... No he did not. He didn't say anything about it on the interview on CNN. Even if someone did, I don't care. Fact is something of this magnitude of importance is easily ready to be explained, even when caught off guard. You don't have to spend some time, plan and say it in some interview afterwards in some obscure article. That also throws your whole thing of them not wating to look broke out of the water. If you had actually read the article, you would see the section where I pulled that quote from. crayola555 posted...
They deemed it problematic after their collateral requirements increased beyond their ability to cover them, not after they got "called out" crayola555 posted... The fact that there are other brokerages still trading GME does not mean robinhood was the only one stopping trade on those tickers. including others who have no direct association with melvin or citron. you would know these things if you were at all informed. crayola555 posted... RH is a big player with a large userbase in app free trading. Them doing their part in restricting stock trade absolutely does affect the stock price of a company. how much less of an effect do you think it would have had if they bankrupted themselves to cover the cost of the new trades? crayola555 posted... I'm done wasting my time here, I don't want to keep going in circles with you on thiswell, happy trails I guess. kudos on naming yourself after your favorite snack food, tho --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 11:16:40 AM #53 | PurestProdigy posted... Nah. What they're doing is wrong, and it should be called out even if it's just keyboard warrior justice well, pumping up their trade volume is definitely what will show them --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 11:05:27 AM #51 | PurestProdigy posted...
probably should have kept it that way --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 10:56:41 AM #49 | PurestProdigy posted... If this isn't market manipulation then anything goes from here on out. I like how the narrative on this has gone from "We're showing wall street what happens when you overleverage yourselves" to "Robinhood should have instead intentionally overleveraged themselves into insolvency which was the responsible thing to do" --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 10:52:12 AM #48 | RchHomieQuanChi posted...
The conspiracy part isn't that Robinhood wanted mitigate the number of people opening new positions on GME. The conspiracy is that they did it at the behest of their shadowy wall street masters because all the hedge funds of the world would go bankrupt if they didn't --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 10:44:59 AM #45 | PurestProdigy posted...
Well the good news here is stopping trades on individual tickers is not breaking the law :) PurestProdigy posted...
It in fact was their decision to make --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 10:34:39 AM #43 | crayola555 posted... And? That doesn't relate to anything my post said at all. What is the point of posting? If the central clearinghouse is raising their collaterization requirements on the stock, robinhood has to front that collateral regardless of if they have their own clearninghouse or not crayola555 posted...
The CEO has come out publicly and said their decision was a result of clearinghouse deposit requirements. crayola555 posted... I don't have RH so I can't attest to that, though I don't see how that even helps the situation. And even so, again why do that on separate days? Was gme the only problematic stock for Thursday then the others just popped up later? The fewer people Robinhood has trading on margin, the less collateral they're going to have to put up on the stocks. The problem in this case being that still didnt bring robinhood to a position where they could afford to front the cash on the trades being made. crayola555 posted... The first three sentences of your post I'm confused about Robinhood didn't stop trades to "protect wall street". "Wall street" are the ones driving most of this market activity and the first place and far and away the ones who stand to make the most profit from this. --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 9:58:44 AM #41 | Tyranthraxus posted...
Point to me where in this topic I have said Robinhood was acting to protect their customers' interest. Take your time. --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 9:40:29 AM #38 | crayola555 posted... This made no sense at all, dude stop trying to force copped out replies what did I say that was not true? --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 9:39:57 AM #37 | crayola555 posted...
They still have to go through a central clearing house crayola555 posted... Though this also brings it back to the original question, why didn't Tenev just simply mention this in his interview? If that's really what happened inside RH, he's the CEO and he must know what happened, just explain or drop a little line about that during his interview. But no, he spends the whole time looking like he's reading some responses from a script and gave no answers and explanations when Cuomo caught him spouting lies. No one wants to go on TV and make themselves look broke crayola555 posted...
I mean they tried upping their margin requirements first. Putting a stop on trading was a last resort. --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 9:08:09 AM #34 | NinjaWarrior455 posted... If the GME stock was so volatile then the NYSE or SEC should have stepped in and halted all trades of the stock. lmao, and this would make people less likely to believe a conspiracy against them by the elites? Like I said, there are plenty other brokers that were and still are trading GME. Robinhood will likely join them once they secure enough capital. This stock isn't going to crash the market. The hedge funds are already raking in the billions and Melvin has already bitten the bullet and closed out their short position. The only people losing from here on out are whatever retail investors gamble and lose on being the last out the door. --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 8:25:21 AM #32 | crayola555 posted... The guy didn't mention once about putting collateral or any of that stuff when he was being grilled by Cuomo. You would think if he's not involved in some shady doing and got called to TV to explain to the world, he would at least explain a bit on what's going on behind the scenes and the reasoning for their decisions. But nope, just a generic "we're doing this to protect our users" which is obvious bullshit. He didn't even have a single response/rebuttal to all the stuff Cuomo threw at him. You don't have to take my word for it if you don't want to https://www.nytimes.com/2021/01/29/business/dealbook/robinhood-fundraise-customers.html https://finance.yahoo.com/news/robinhood-ceo-refutes-game-stop-hedge-fund-conspiracy-theory-and-reveals-what-actually-happened-234600703.html crayola555 posted... They didn't restrict anything on other times when the stock market had high volatility, why is this a thing now? This isn't just "a volatile time in the market". It's a massive increase in the IV for a handful of specific stock tickers crayola555 posted... And the fact they only stopped GME from trading on the first day (not to mention SELLING them from some users account without consent) They weren't random sell offs of people's stock, they were people who were investing money they borrowed robinhood gettin margin called. if you're buying a lot of stock on margin that then becomes massively volatile, you're going to margin called regardless of whether or not you think you're "sticking it to the billionaires" or not. --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 7:11:35 AM #28 | PurestProdigy posted...
No, they absolutely did not do it to protect their users, that much is true. PurestProdigy posted... If they can't handle what was happening they shouldn't be used as an online brokerage to begin with. They likely have more than enough capable to handle their normal trade volume. What is happening here is a massive influx of users investing in a stock that is massively increasing volatility and therefore incurring massively higher collateral costs. PurestProdigy posted... And this doesn't address that they did it mere moments before market open the other day and targeted specific stocks. Why would they shut down trade for all other tickers instead of the handful that are currently significantly increasing in volatility? PurestProdigy posted... How much did you pay for this guy's account? Hopefully a lot less than you put down on GME --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 6:57:49 AM #23 | PurestProdigy posted... When they first restricted trading, you couldn't buy GME whether you owned it or not. How is it not market manipulation when you can sell but you can't buy? It's a load of horseshit. Robinhood doesn't have have to put forward collateral to execute a sell order, they do have to to execute a buy order. It's not "horseshit", you just don't understand the basics of how the market works. --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 6:02:42 AM #19 | PurestProdigy posted... The point was to prevent new people from joining the snowball as it gained ground If the conspiracy was to prevent new people from opening up new positions on GME, why would they be targeting people who already owned the stock on robinhood? --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 5:23:25 AM #16 | PurestProdigy posted...
Rofl, if this was an attempt at "market manipulation" whoever the puppet masters behind robinhood are did a shit job of it since they're only proccessing a tiny fraction of the amount of GME that's being traded --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 4:20:53 AM #13 | Naysaspace posted... which ones i know for a fact fidelity and vanguard were taking trades the last time i checked. --- |
| Topic | The CEO of Robinhood looks like Kylo Ren |
| Frolex 01/30/21 4:08:42 AM #8 | Null_Mime posted... They restricted trade on Gamestop and AMC stock, preventing it from rising any higher, so they could protect the hedge funds short selling the companies. First of all, they weren't preventing the stock from rising since there were plenty of other retail brokers that were and still are trading GME stock, and second, they couldn't do shit to protect anyone given the overwhelming majority of shares are being traded by other hedge funds who sure as shit aren't doing their trading through robinhood. --- |
| Topic | communists will never win as long as they ask you to read a book |
| Frolex 01/29/21 3:23:20 AM #5 | |
| Topic | What's the worst triple A game that was well reviewed and functional at launch? |
| Frolex 01/28/21 4:51:15 AM #12 | |
| Topic | Gamers have now officially ruined my favourite game: New Vegas (Frontier spoils) |
| Frolex 01/28/21 2:01:28 AM #230 | ApherosyLove posted... Lmao, i sense this debacle is going to be great fodder for youtube documentarians in the near future --- |
| Topic | Georgia takes first steps to suppress votes. |
| Frolex 01/27/21 10:44:11 PM #13 | ToadallyAwesome posted... Swing and a whoosh It's honestly cute how clever they think they are --- |
| Topic | Capcom thought I was gonna be scared of an 8 foot vampire with mommy milkers |
| Frolex 01/26/21 7:50:33 AM #59 | Romulox28 posted... they put in the death by snu snu chick to make up for this Just FYI, there's probably going to be a similar thing in this game where she loses part her clothes and shes made of tumors or something. --- |
| Board List |
