Highest Rated Comments


oggyb61 karma

Headphones on your head. Got it - had me stumped for a minute there.

oggyb26 karma

You might have seen my mum toddling around if you've been going a while. We had her funeral yesterday sadly.

Good luck with the scifi treatment!

oggyb3 karma

That's a great question. I'm just a simpleton, but I think the consensus is that their naked short position is astronomical and out of control, such that even hedging a small amount would cause the price to correct so high they'd immediately go bust due to margin calls.

Their only option is to kick the can down the road by routing buy orders through their internal "dark pools" and routing sell orders through the lit exchange, which artificially lowers the price. 80+% of action on GME is buy, and 90+% of that goes to dark pools.

When you see it as survival, rather than profit, it makes more sense.

oggyb2 karma

What, in the upcoming UK election, do we need to know about the Tory and Labour parties' policies and histories on climate change and environmental impact? Can you tell us anything we can't get from party manifestos?

oggyb0 karma

It doesn't just seem that way: this is a well-documented cognitive bias.