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#501 Re: The Garden » Current Events Thread » 296 weeks ago

Smoking Guns wrote:
Aussie wrote:

It's pathetic, they are happy to allow short selling and let the hedge funds etc make a killing off of effectively creating a self fulfilling prophecy by driving down a companies share price.  The collateral damage to the company and existing shareholders is completely ignored.  But get a big enough collective of buyers to drive the price the other way thereby costing them money - look out!!!

Exactly Aussie! Short selling should be illegal!


Shorting is fine. Naked shorting is illegal and that is what happened here.

#502 Re: Guns N' Roses » Will GNR release new music in 2021? » 296 weeks ago

Going with nothing. No faith in this band to do much of anything interesting. When they tour, it's a fun show with my some of favourite songs by one of my artists. I'll go and have a good time but I expect nothing from them.

#503 Re: The Garden » Current Events Thread » 296 weeks ago

James wrote:
Axl S wrote:

Made out with 150% increase on this GameStop ride. Silly stuff but I can put that in something more sensible.

The criticism of these redditors as just doing this for a joke is wrong. They saw an opportunity in the market and realised they could game the market for their own gain. It's not turning into a speculative rise with other folk jumping on. Sadly, some normal folk who don't know what they're doing are going to be left holding the bag at the end of this.

The corruption is in the hedge funds shorting it like 140% praying for the ruination of Gamespot. Media isn't talking about that. They're focusing on demonizing the plebes who took advantage of what the hedge funds were doing.

It's insanity.

I kinda wish I had jumped in.  I don't have much to play around with. I just play it safe with what little I have.

Main reason I didn't dive in is I know I'm one of those people who would go all in, make 500k, and while strutting around my living room like Ric Flair, it would drop down to a nickel. tongue

There's going to be a lot of people in that position before this is over.

I had a few hundred kicking around in my self managed pension. I can't touch any of that until I retire which is more than my lifetime so far away, so on Monday I decided to buy in with the intention of getting out later in the week. If I lost it wouldn't be a big deal I can afford to lose that amount and not cry. In the end I didn't sell out at the high but also not the low so a decent time for me. It's volatile enough right now that if someone was a day trader and got their timings right they could make a killing jumping in and out of it.

I play a lot of Fifa Ultimate Team, and as hokey as it sounds a lesson I learnt there trading cards with the in game currency is if there's big hype - sell in the hype, not at the point things are being hyped. All the folk on reddit were talking about tomorrow as the day their big squeeze pays off big, so decided no matter what I was getting out today. If they're right, the hedges will need to sell their stakes in other assets to cover their ass and I can grab a few deals and if they're wrong I got out early.

#504 Re: The Garden » Current Events Thread » 296 weeks ago

Made out with 150% increase on this GameStop ride. Silly stuff but I can put that in something more sensible.

The criticism of these redditors as just doing this for a joke is wrong. They saw an opportunity in the market and realised they could game the market for their own gain. It's not turning into a speculative rise with other folk jumping on. Sadly, some normal folk who don't know what they're doing are going to be left holding the bag at the end of this.

#505 Re: The Garden » Lost my mom.. » 296 weeks ago

Sorry to hear this dude, hope you and your family are coping as best you can at the moment. Best wishes.

#506 Re: The Garden » Current Events Thread » 296 weeks ago

misterID wrote:

I don't have an issue with calling a trans person the gender they want, but they are trans. That's where the issue comes in, you're not allowed to acknowledge that they're not biological women, and that there's no such thing as gender.

And this isn't right wing republicans, it's gays, feminists and even trans people who object to this. It's a progressive power trip to force their views on everyone, and if you disagree you're a bigot and need to be cancled. Even JK Rowling who objected to the term "people who menstruate" instead of just saying women was attacked. That's why people despise SJW and why it's a negative. It's about irrational people with massive emotional problems who are on a Christian Rightwing size power trip to destroy anything that challenges them.


Rowling was criticised because of her overall history on this issue up to that point, she's someone who claims she is a big ally of trans people but then endorses explicitly transphobic merch online.

Also, many in this thread only seem to talk about trans people as if they are people who were born as a biological male who later identified as a woman. It happens the other way around too. Id, there's nothing wrong with acknowledging someone's born biological sex. Someone who was formerly a man or woman and now identifies the other way around, their sex is still whatever they were born as. That definition is inherently important for two obvious areas: medicine and sport. (And there's probably others where it's relevant). Their gender is just how the identify and choose to present.


Flagg, if that word is insulting but not homophobic, ask yourself why is it considered insulting in the first place. It's a word that either means bundle of sticks, meatball or is  an offensive slur for gay man.

It's homophobic in the exact same way as using the word gay in place of "lame" when describing something by saying "that's so gay".

#507 Re: The Garden » Current Events Thread » 296 weeks ago

monkeychow wrote:

My take is that the virus was always going to go badly in USA...because...

1. Some really high percentage of your workers have NO savings and live pay to pay. This doesn't go well with the government telling you to stay home.

2. Culturally your whole society and social history puts a strong importance on freedom, individuality and personal rights (see guns etc). This doesn't go well with being told new rules for what you can and can't do to minimise a virus.

3. Heathcare is mixed in the USA - got some of the best shit in the world, unless you are broke in which case you'll have a shockingly bad experience compared to a lot of other western nations. This was never going to go well with something that stresses out the heath system futher like a pandemic.

But those 3 things together and the virus was always going to play out pretty badly over there.

Personally I think you could pick any president and you would have had a shit show regardless because of those factors.

That said - the way mask wearing and other precautions got turned into another political football to play games with is lamentable and disgusting from both sides of politics who seemed to be flip flopping on it the whole time just to point score against each other.

Good news is Americans are kinda a badass optimistic people and I think you guys will cover come this and come back stronger eventually. That's what the USA does.

But it was always going to be ugly first.

I think you nail it with your 3 points. I'd also add it's harder to have a joined up national government approach when really it's a nation of 50 individual governments. Coordinating that is inevitably messy and hard. Also the healthcare point is a big one. Forgetting the disparity between who has access to what, it's also just a fragmented entirely private system. Makes the logistics of any of this really difficult.

Was always probably going to go bad in the USA, I think the only issue is how bad.

#508 Re: The Garden » Current Events Thread » 296 weeks ago

James wrote:

As far as faggot goes, it's been used for decades by everyone and no one had much of a problem with it. It obviously wasn't meant literally. Gay people have even referred to themselves as faggots...just like how trannies always referred to themselves as trannies until SJWs decided for everyone it was too offensive to ever be said again.

Could he have picked a different insult? Sure... would've been even better for nobody to throw insults.

For the same reasons white people don't use the n-word and understand why they don't, the same applies to both those words. Not using them isn't driven by "SJWs". The roots of people using those words is effectively discriminatory hatred. Those peoples can repurpose those words for themselves, but other folk shouldn't use them.

And Flagg, if it's used in any context to insult a group of people then it is inherently homophobic.


(Sidebar: always felt it was weird how SJW came to be used as a negative label for people, folk fighting for social justice is generally a good thing. Another word/phrase that has been reused until it lost all it's original meaning)

Agreed with you on the part in bold though. This thread would improve greatly if the temperature was taken down a few notches. Doesn't matter who started it but it would be great if folk could stop talking down to each other and acting high and mighty. Can disagree with other folk without having to do that.


On topic: so far US politics feels a lot more boring. Good. It's not supposed to be infotainment, politics being a boring procedural drag is for the best. When it's a frenzied news cycle, with gas being poured on the fire every day less work gets done and compromise becomes harder.

#509 Re: The Garden » Current Events Thread » 297 weeks ago

The making it possible for those in the US illegally to work legally is a tricky one. Is the work they are currently doing viable for whoever is paying them if it's taxed and minimum wage is enforced?

Border controls make sense. Especially now during a pandemic. That can be done without family separation and putting children in cages though.

Biden's pause on deportations for a 100 days seems to be about diverting resources to processing asylum claims at the borders and to wait until a review of current immigration enforcement practice is complete. I don't see what's wrong with that.

#510 Re: The Garden » Current Events Thread » 297 weeks ago

On this topic of privilege. I've always hated this term, not because it's incorrect. "White privilege", "Male privilege" etc. do exist. My issue with it is it's a term that was used in academia that spilled over into the mainstream and got banded around way too much.

Replace the word privilege with advantage, and I feel it's intent and meaning is better conveyed.

Corey Booker defo had a cushier life overall than some poor white kids living in a broken home, or whose jobs disappeared. He's likely still had times in his life where folk have called him something just because of the colour of his skin, been passed over for certain opportunities because of it and no doubt has had unwelcome looks from folk or worse. That's the advantage white people have. They don't have to put up with that BS.

Or hell, what about Quasi-disenfranchisment through gerrymandering. Living in states where your districts are gerrymandered to hell by Republican state legislators where they try to group as many black folk into one district and distribute those folk likelier to vote for them across many districts. If you're living in a situation where your vote ultimately means less and it's happening because of the colour of your skin how are you not disadvantaged?

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