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Posts posted by No Excuses
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13 minutes ago, Mooka said:
Not really following...
Why would anyone invest in a dying brick and mortar video game business when everything is now on online marketplaces? Even without a pandemic closing physical stores this model seemed dead.
Or is that the entire point of how ludicrous this is?
Yeah it’s all completely ludicrous. GameStop might have become so undervalued that it got shorted more than it should have. Millions of redditors are basically in a pissing match against hedge funds who short stocks. And the hedge funds aren’t doing too well in this fight.
The live Reddit thread about this on r/Wall StreetBets is amazing. This is internet history, there will be congressional hearings about this and documentaries made.
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Short sellers have been called a lot of things. Bloodsuckers. Parasites. Other words not fit to print. Now in the vortex engulfing GameStop Corp., they have a new name: the establishment.
It’s a role cast for them with relish by their chat-room usurpers, the tens of thousands of average Joe day-traders whose fervor for a left-for-dead retailer has become a self-fulfilling prophecy in its 245% rally this year. GameStop has become a money geyser for the options-obsessed crowd that gathers in Reddit’s WallStreetBets forum. For those wagering on a decline, it’s been a catastrophe.
Give credit where it’s due. In their frenzy, WSB’s ****y hordes have managed to turn the tables in a game short sellers invented, spinning gold from the complacency of others. Before this year, GameStop was a cash register for bearish traders, who borrowed and sold more shares than the company issued. Hedge funds had been winning so long that they overlooked the tinderbox they were creating should sentiment turn.
Now it has, violently. GameStop, which isn’t expected to turn a profit before 2023, has seen its market value triple to $4.5 billion in three weeks, burning the skeptics whose any attempt to cover is likely to further propel its ascent.
This story is already an all-time internet classic and it’s only going to get so much worse.
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On 1/21/2018 at 9:19 AM, zoony said:
People worried about 20 dorks on the darkest parts of the internet. Meanwhile, 54 percent of college students say that people are afraid to say what they think on college campuses. Now comes the 4 es posters who make their living at universities to tell me, CBS News, and pretty much every other credible news organization in this country are wrong
Our democracy is definitely threatened.
Always a good time to bump this post after the Qtards one up their last insanity.
Anyone seen reports of college kids engaging in insurrection and sedition lately?
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24 minutes ago, Momma There Goes That Man said:
that’s not what I’m seeing, the crazies latching onto the fact that he didn’t name the Biden administration just “a new administration” and using this to believe he means it will be his administration just with a new VP after he drops Pence for Flynn or JFK Jr. Also, his final line about the fight or journey just beginningThere’s definitely a meltdown happening on TheDonald. Won’t link to it but it’s there for everyone to Google and find. There’s a sizable chunk flipping out on Trump and the mods are censoring away but can’t keep up.
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1 hour ago, purbeast said:
I love the fact that most of his tweets are flagged. You know that has to enrage the **** out of him lol.
Really hoping Twitter bans him when he’s no longer shielded by holding public office. He’s the single most potent source of disinformation on the platform. No one deserves a permaban more than him.-
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8 minutes ago, tshile said:
Moral at the epa is as low as it can get. It was done on purpose. And it’s going to take a lot effort to fix that. A lot.
For what its worth, scrapping Trump era policies will be a lot easier since Dems can use the Congressional Review Act to undo all of his executive branch nonsense.-
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Owning the Libs as your primary agenda was probably not a great idea.
Been thinking a lot about how Democrats have been radicalized towards more democracy while Dear Leader is actively engaged in voter suppression of his own base.
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Chugging copious amounts of hopium
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Just now, Destino said:
Those blue leads are vanishing fast. I wasn’t optimistic going in, and I’m still not.
The Needle disagrees. -
4 minutes ago, Larry said:
Just throwing Gatorade on the celebration, here. And pointing out that it takes more than 50 votes to overcome a filibuster.
Still better than majority leader McConnell.-
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**** Trump. **** Mitch. **** the entire trash heap of a party.
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So Model X? Overpriced SUV with better options in the price range or worth the $$$?
Asking for a friend
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I like Bertans but he seems like a luxury for a team that can’t defend for ****, plays iso ball and has no bench scoring.
Would the Spurs take him back? Lol
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17 hours ago, Simmsy said:
Why does CyberPunk 2077 keep making the "Top 10 Best Games of 2020" lists? Have these reviewers learned nothing?
I mean it’s a good game*
*If you have hardware worth at least $1500 to run it
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If Wentz is available, we should take a chance. He’s either a bum now or in need of a change of scenery.
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Can we bring back Randy Witman, the best coach this team had in possibly three decades.
This team hasn’t played a second of defense since he was fired.
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Just an inexplicable decision to play Haskins today. Bad on the field, idiot off the field. What was the point? He should have cut last week.
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It takes skill to somehow be the worst QB this team has ever fielded.
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The unfortunate Trump tax we had to pay to get this scum bucket out within 4 years.
The GOP is a den of thieves and criminals.
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Should have kept Cyberpunk a PC exclusive until the optimized version for PS5 and XSX were ready.
There's a lot they can do with the world and the city they've built. Night City itself is so well made that they can easily get 5-6 years out of this game. I mean GTA5 has now spanned 3 console generations and this game has much more to offer, both for story DLC or online modes.
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If you’re on PC give this a shot to increase performance:
I gained like 20 frames from this alone and now I’m able to run it with Ray Tracing turned on and 60+ FPS.
They should have never put this game on last gen. It’s horribly optimized right now on PC, where only high end rigs can get the most out of it. The last gen videos are just painful to watch. They did their own game disservice because when it runs properly, it’s actually amazing.
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Bloomberg: How WallStreetBets Pushed GameStop Shares to the Moon
in The Tailgate
Posted · Edited by No Excuses
Nah **** the hedge funds on this one. I’m with the, as they generously call themselves, autists and retards.