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Post by Sonny Werblin on Jan 29, 2021 16:46:54 GMT -5
$800K from Citadel, $7.2 MILLION in speakers fees from a host of big banks. Just for her 45 minute speech, not to curry favor, AMIRITE? But she's the FIRST FEMALE Sec'y of the Treasury, have you heard? She must give one hell of a 45 minute speech!
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Post by jay57 on Jan 29, 2021 16:57:08 GMT -5
$800K from Citadel, $7.2 MILLION in speakers fees from a host of big banks. Just for her 45 minute speech, not to curry favor, AMIRITE? But she's the FIRST FEMALE Sec'y of the Treasury, have you heard? She must give one hell of a 45 minute speech!
The elites can accept influence payments and bribes in broad daylight (thinly) disguised as $800k "speaking fees". Meanwhile my low level government employee ass is required to do multiple ethics trainings every year. LOL When are we going to start holding them accountable for this BS?
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Post by bxjetfan on Jan 29, 2021 16:57:23 GMT -5
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Post by bxjetfan on Jan 29, 2021 17:27:41 GMT -5
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Post by Hotman on Jan 29, 2021 17:34:19 GMT -5
Is that real?! That can't be real
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Post by bxjetfan on Jan 29, 2021 18:09:32 GMT -5
I saw someone speculate that Robinhood lent their customers shares out to be shorted. So if the hedgies go bankrupt and can't replace the shares Robinhood, and it's customers are fucked. That would be a whole nother world of fucked up.
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Post by bxjetfan on Jan 29, 2021 18:10:38 GMT -5
Is that real?! That can't be real No.
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Post by shakin on Jan 29, 2021 18:13:56 GMT -5
I saw someone speculate that Robinhood lent their customers shares out to be shorted. So if the hedgies go bankrupt and can't replace the shares Robinhood, and it's customers are fucked. That would be a whole nother world of fucked up. well the stock was something like 148% shorted. so yeah, about 1/3 of the shares in their fucking shell game never even existed
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Post by shakin on Jan 29, 2021 18:42:42 GMT -5
lol
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Post by bxjetfan on Jan 29, 2021 19:15:46 GMT -5
Can someone explain why Gamestop wouldn't just issue more stock? They'd get a ton of working capital no?
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Post by bxjetfan on Jan 29, 2021 19:24:23 GMT -5
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Post by shakin on Jan 29, 2021 19:35:20 GMT -5
lol there is no way melvin closed its short position. zero chance.
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Post by RobR on Jan 29, 2021 20:57:42 GMT -5
Can someone explain why Gamestop wouldn't just issue more stock? They'd get a ton of working capital no? How would they price a secondary offering?
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Post by RobR on Jan 29, 2021 20:58:37 GMT -5
lol there is no way melvin closed its short position. zero chance. 100% He probably increased his short position even with the astronomical fees to borrow shares.
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Post by bxjetfan on Jan 29, 2021 21:24:40 GMT -5
Can someone explain why Gamestop wouldn't just issue more stock? They'd get a ton of working capital no? How would they price a secondary offering? I have no idea but it's doable. www.theguardian.com/technology/2020/sep/01/tesla-aims-to-raise-5bn-in-its-biggest-issue-of-new-stock-in-a-decadeIt seems that issuing stock would help the company raise cash but would dilute the stockholders in the company. When this is all over their stock will be $4 again. If they raised more cash it seems like they could buy a few more years of life at least. Maybe work on going to streaming.
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