Melvin Capital Among Hedge Funds Losing $6 Billion On Latest Meme Squeeze

“Fool me once, shame on… shame on you. Fool me… you can’t get fooled again,” were the infamous words of former President Bush and we suspect that Steve Cohen protégé Gabe Plotkin is reflecting on those stoic words as he looks back at his fund’s performance in May. Plotkin’s Melvin Capital – infamously blown-up by… Continue reading Melvin Capital Among Hedge Funds Losing $6 Billion On Latest Meme Squeeze

Can A Broker Sell Your Position Without Permission?

  Robinhood was at the center of the unprecedented and monumental Reddit trading mania that saw shares of GameStop (GME) and other companies, including headphone maker Koss (KOSS) and cinema operator AMC (AMC) soar to extreme levels as amateur traders piled into the stocks earlier this year. However, the popular trading app was accused of selling… Continue reading Can A Broker Sell Your Position Without Permission?

Baptizing Baby Yoda? Popes in Space? Sacraments in Space? Time Travel? Giants? (& More Weird Questions!)

Podcast: Download MYS152: It’s a fifth Friday so Cy Kellett of Catholic Answers Live is asking Jimmy Akin more weird questions from listeners, including whether the pope would be Bishop of Rome if humans left Earth; the practicalities of sacraments in space; could Grogu (aka Baby Yoda) be baptized?; what are the giants in the… Continue reading Baptizing Baby Yoda? Popes in Space? Sacraments in Space? Time Travel? Giants? (& More Weird Questions!)

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Manipulating single atoms with an electron beam — Mostly Physics

Most of the data for the initial version of the manuscript was collected already in July, 2017, but sat for a while on my hard drive before writing them up. The first version of the results was posted on the physics preprint archive arXiv right before Christmas on December 23, 2017 (https://arxiv.org/abs/1712.08755v1). In that initial manuscript, most… Continue reading Manipulating single atoms with an electron beam — Mostly Physics

Musical Movies Part of China’s All Government Approach to Propaganda

  China spares no efforts to get their point across. They have mastered the art of weaving the information related capabilities together in an unmatched tapestry of propaganda.   Probably the most interesting and most powerful is the effort to counter the criticism of and change the perception of China’s treatment of the Muslim Uyghur… Continue reading Musical Movies Part of China’s All Government Approach to Propaganda

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Bonds & Bullion Bid As Meme-Stocks Are Monkey-Hammer’d

Today’s big upside inflation surprise piles on the stagflationary evidence as production expectations remain too optimistic… Source: Bloomberg The flip-flopping continues with Small Caps down today and Big-Tech up. The Dow ended unch and S&P modestly higher to a new record close… The ratio remains rangebound… The original so-called “Meme Stocks” were monkeyhammered today, biggest… Continue reading Bonds & Bullion Bid As Meme-Stocks Are Monkey-Hammer’d

Can You Short Sell Stocks Under $5?

  Stocks that trade under $5 per share are considered cheap stocks. However, unlike stocks under $20 or stocks under $10, stocks under $5 are placed in a different category by the U.S. Securities and Exchange Commission (SEC). According to the SEC, any stock trading under $5 per share whether it is listed on an exchange or trading through pink… Continue reading Can You Short Sell Stocks Under $5?