I did #2 except I didn't exercise, I just sold it to someone else when the pice was up a bit on my small bet. I like to think that circuitously, Elon bought me a few lunches because screw that guy
Bustedknuckles
Some folks like to gamble! More and more people are desperation gambling these days out of doomer mindsets that see 0dtes and kalshi bets as their way out of crushing poverty.
And here and there, it's possible to look at pricing and conclude it's pants-on-head bananas. Trading and therefore price action is dominated by algorithms which amplifies hype cycles. Who couldn't see SpaceX as being overvalued? Other than the assholes at NASDAQ
That only matters if lenders a) don't believe he can pay the loans back, and b) would not themselves be hurt by calling in loans. With how incestuous the Epstein class is, my cynical bet is that he gets away with far too much for far too long
Short sellers are an important part of the equity ecosystem as it provides downward pressure in price discovery. Lucky gamblers have made, and are making, far more than that with long positions in equity and options.
It's difficult to say that we don't need markets at all (e.g. would you plant cotton with no idea what it will sell for at harvest?). It then becomes a slippery slope of abuse and wealth concentration.
If anything this all feels like a failure of regulation and the SEC not going far enough
I don't think we're good enough at shitposting... We're probably mostly theta-gang They said, I got a monthly put position in on spcx's fall, made my 40% and got out
I agree, I remember when the pomplemoose guy made patreon, it was a great idea and I think he's shepherded it pretty well
They recently said they're going to start selling compute to other LLM companies. This after claiming all the build out was for internal LLM use. Looks to me like you're right and they've given up on devoting their compute to a product
Yeah, it's invasive and predatory and sucks and I hate it. But I also don't understand it. Someone out there is paying for my data (demographics, purchase and browsing history, psychological profile maybe?) how are they making back their money on that purchase?
Seems like either
- a) the marginal difference in wealth extraction for the whole population is worth more than the data costs,
- b) it isn't and these purchasers are net losing money, or
- c) there's some nefarious propaganda goal where the motive is more control than profit
I wish they'd leave me alone*
*Except for steam
I genuinely don't know why they think my data is that valuable, but it seems everyone wants a piece
She isn't wearing headphones. She lives in a world where enough people don't care about the things she cares about to keep the system going
A person of culture! Kookiburi!
I believe the grand jury system is working as intended