221 karma · joined June 22, 2018
So they could have locates but still fail to settle. Though, I'm not unequivocally excluding that some naked shorts may have happened. I just find it more plausible than hedge funds and brokerages allowing huge amounts of naked shorts, which are already illegal.
Webull came out and clearly stated that their clearinghouse had issues with putting up collateral for the tickers and thus had to shut them down [0]. And while Robinhood has not come out directly and said it was due to liquidity, one can easily gather that from the statements they put out, the new funding they needed, and lastly the fact that DTCC required higher collateral for those tickers.
[0] https://www.wsj.com/articles/gamestop-trading-restrictions-b...
* It includes all tradeable share. So in the case of the example, normal SI% states 2:1, two shorters and one original share. Their way is 2:3 which is, 2 shorters (B,D) and 3 longs (A,C,E)
And Robinhoods closure of the trade seems reasonable in retrospect as well. If the clearing house required a higher collateral to clear trades on those tickers due to their volatility and RH did not have the liquidity to provide it then blocking the purchase of those tickers seems fair.
I can't really see anything illegal about the actions of the traders or the brokerages like Robinhood and Webull.
That hedge funds were even allowed to short so much naked was ridiculous. I mean the fallout from a GME continuing to rise would be catastrophical to the financial system. It would cost tens of billions that these funds do not have and would end up costing the banks money that they could not lose.
Trump has a multitude of other venues to use if he wants to disseminate his statements private or official.
Edit:
How are the rioters even able to breach the security and allowed/able to stay there? Feels like some very bad policing - are they overwhelmed or is it intentional?
Aside from that, we've come really far with drones which are amazing technology-wise. We have small drones like these with a 2km-range and large drones that can carry huge payloads, i.e. payloads in the tons of kg, while also having ranges in the thousands of kilometres. Although it is remarkable technology-wise, I believe it foreshadows a horrible future for humans that we have such advanced murder weapons. And especially now that drones have become cheap to produce.
I've read part of the complaint, and it is fairly persuasive, but I do feel like most of Google's actions that "reinforce" their monopoly are somewhat morally acceptable. Like Google requiring Android manufactures to use Chrome and its search engine as default or Google paying Apple to make its search engine the default in iOs. Google is spending most likely billions on developing and maintaining Android and thus deserve to impose some financially beneficial requirements. However, Google blanket banning manufacturers from forking Android instead of just prohibiting Android-forks from using "Google Play Services" is clearly anti-competitive and shady.
Here is the PDF of the complaint https://assets.documentcloud.org/documents/20431671/colorado...
The complaint about this is simply ridiculous, and in fact kind of shows the misleading nature of it's framing. Not that I expect more of that AG.
Russia is in NO uncertain terms a hostile and aggressive nation that we all need to be wary of.
Nonetheless, everything I've read points to Solarwinds conduct being borderline negligent. For example, they not only told customers to ignore inaccurate checksums but they also failed basic server security.
According to [0], they will - obviously - charge for both compute-time and storage operations, and with the price of storage operations expected to be around Workers KV. Assuming that compute-time is charged at minimum at-or-higher than Workers Unbound, using workers for chat-rooms and other WebSocket stuff would be unfeasible. Workers Unbound costs $12.50 per MM-GB-sec - given that the server is 128 MB (the current fixed memory size) - the price per-worker-second would be at least $0.0000016 per connected-worker. It could get expensive fast.
The peace accords are for sure good for the region and are setting it on a brighter path. But the US deserves no credit for withdrawing or starting new wars. And none of this is to dismiss or "whatabout" China's horrible actions but lets not lie to ourselves about the actions of US and allies - We have committed plenty of evil.
And the nail in the coffin is the simple fact that they decided to release a PDF-image of the emails instead of simply giving the raw email with its metadata which would allow us to instantaneously confirm it. Literally all they have to do is post the metadata.
"You cannot reason someone out of something he or she was not reasoned into."
Hate speech, scams and spam are all speech and they should all be removed and not tolerated.
2014 - Moved from Boston to San Francisco to work as a
fulltime engineer at Teespring instead of doing my
junior year of high school.