Talking stocks, trading, and investing in general

[PhilKenSebben]

I'm so glad I'm retired and don't need more money.

Hey there sailor.....

 

[Omega Male]

Hmmm.

 

[beargonefishing]

Hmmm.

This basically confirms that crypto is totally legit, and not a massive scam.

 

[otc]

Any of you seen these deepfake crypto scams yet?

my wife follows a former classmate on Instagram who suddenly had a video talking about making 10k from investing in crypto Looked totally real, and apparently even used her vernacular (white girl who lived in black communities and speaks entirely in black slang).

But it wasn’t her. It was someone who had hacked her account and then made deepfake video of her shilling for some crypto scam.

Cryptocurrency scammers turn to deep fakes to snare victims

amp.theage.com.au

 

[jack webb]

This basically confirms that crypto is totally legit, and not a massive scam.

Don't know if crypto is a scam but am delighted to see Matt Damon and other celebrities getting criticized for having pumped crypto in television commercials.

 

[otc]

Or possibly it is just further blackmail/scamming

Hostage-Style Bitcoin Scam Videos Are Spreading Across Instagram

The scam, where victims are forced to film a video of themselves to try and get their money or account back, is seemingly more widespread than previously known.

www.vice.com

 

[venividivicibj]

 

[jack webb]

View attachment 1792149

Yes, the gap between having something and having nothing.

 

[Omega Male]

Yes, the gap between having something and having nothing.

Some Millennials and Gen Z have hit an 'apocalyptic' phase in which they don't see the point in saving for the future

Some younger workers aren't betting on the future. Instead, they're spending on right now.

www.businessinsider.com

 

[venividivicibj]

Some Millennials and Gen Z have hit an 'apocalyptic' phase in which they don't see the point in saving for the future

Some younger workers aren't betting on the future. Instead, they're spending on right now.

www.businessinsider.com

What are we going to do? Boomers killed housing affordability, killed the Earth and ozone layer, killed bourbon with all their Facebook hoarding groups, they're on their way to kill Social Security, there's not much left

 

[brokencycle]

Looks like Musk is pulling out of the twitter deal:

Bold strategy to publicly accuse a company of lying on SEC filings while you're been very publicly violating all kinds of laws and SEC rules.

“My offer was based on Twitter’s SEC filings being accurate,” Mr. Musk said in the message.

Elon Musk says Twitter deal ‘cannot move forward’ without more information. (Published 2022)

Mr. Musk called on Twitter to provide more data about the number of spam and fake accounts on the social media site.

www.nytimes.com

 

[jbarwick]

SSI should hold up for quite a while. Models have it going out quite a long time with minor adjustments to payout...though most models are wrong and some are useful.

Matt Levine had a good comment on the Twitter purchase. If Elon wants to back out for whatever reason, they could just suspend his account which would cause much more pain to TSLA than TWTR. The orange man doesn't have much of a voice since his suspension.

 

[HRoi]

This ******* guy. So now you realize that 40 billion dollars is too high a price to pay to prove a point*, even for you?




*the point being you’re a megalomaniacal asshole

 

[venividivicibj]

Looks like Musk is pulling out of the twitter deal:

Bold strategy to publicly accuse a company of lying on SEC filings while you're been very publicly violating all kinds of laws and SEC rules.

Elon Musk says Twitter deal ‘cannot move forward’ without more information. (Published 2022)

Mr. Musk called on Twitter to provide more data about the number of spam and fake accounts on the social media site.

www.nytimes.com

Twitter really should just respond "thanks, send us the $1bn break-up fee!"

 

[otc]

Twitter really should just respond "thanks, send us the $1bn break-up fee!"

Overall performance of the tech sector lately probably makes this not true right now...(54.20/share is probably better than any alternative).

But at what point is it in the shareholder's best interest for twitter to half-ass their bot investigation and just take the $1b from musk (although you can bet that the fee will be litigated...)?

Although who is actually a direct shareholder of twitter right now? I feel like you'd have to be an idiot to not have dumped your shares in the low $50s...let the deal arbitrageurs sit there and hold the shares while Musk dicks around for a few months...

Too bad for all of us who are exposed through index funds though. Vanguard owns something like 10% of outstanding shares and I doubt their strategy lets them dump the shares when a takeover agreement is in place--they probably have to sit on that **** until they get cashe dout.