Parliament's recent activity

  1. Comment on Keith Gill (Roaring Kitty/DFV)'s opening statement to Congress regarding GameStop in ~finance

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    I'm not that knowledgeable about GameStop, but I think the implication is a pivot away from their failing brick-and-mortar business model. I do know that the founder of Chewy took a large stake...

    I don't understand this. GameStop's been circling the drain for years and with the rise of digital downloads and the PS5 having a diskless version, I don't see things improving for them. 10-15 years from now I'd be surprised if physical media is common/preferred enough to warrant a store dedicated to selling games. To their credit they've tried to diversify with their purchase of ThinkGeek, Kongregate (browser gaming), and Impulse (PC gaming) over the years, but none of it has seemed to be enough.

    I'm not that knowledgeable about GameStop, but I think the implication is a pivot away from their failing brick-and-mortar business model. I do know that the founder of Chewy took a large stake and board seat last year, which renewed investor confidence in the company. No clue whether that'll work out long-term, but there's at least some legitimate reason (even if it's an outside chance) for GameStop share price rising on the prospect that they could turn it around.

    10 votes
  2. Comment on I'm considering on becoming a first-time dog owner soon, looking for advice in ~talk

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    As a non-dog owner, I’ll just say to follow the rules for your new pet in public spaces. I live directly across the street from a park where dogs must be leashed at all times. There are a handful...

    As a non-dog owner, I’ll just say to follow the rules for your new pet in public spaces. I live directly across the street from a park where dogs must be leashed at all times. There are a handful of neighbors who ignore this rule and treat the space like a dog park.

    You just never know how someone else’s pet will react to your young children (or your own pet) nearby, and since I don’t have a pet of my own, my 3-year-old isn’t used to having dogs run up to him to say hello even if the pup is perfectly friendly. For me, your leash helps avoid the situation of scaring an unsuspecting child who doesn’t interact with animals a lot.

    All that to say, I love a respectful dog owner! Making this thread shows that you are on the path to being one.

    4 votes
  3. Comment on Hi, how are you? Mental health support and discussion thread (February 2021) in ~talk

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    I'm just tired and feeling completely sapped of motivation now that I'm back from parental leave. I got 4 weeks from my employer + 1 extra week and some holidays since our daughter was born the...

    I'm just tired and feeling completely sapped of motivation now that I'm back from parental leave. I got 4 weeks from my employer + 1 extra week and some holidays since our daughter was born the week before Christmas. I know most men get nothing here in the US, but 5 weeks still isn't enough.

    It could be worse though. At least I have my wife and daughter in the next room to love on when I take breaks during the day. I get to see them much more than I got to see my son when I went back to work after he was born a few years ago. And back then, I only had 2 weeks off.

    6 votes
  4. Comment on Robinhood gets $1 billion infusion, signaling cash crunch in ~finance

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    Interesting. So it’s an RH clearinghouse, but the 2-day rule still applies of course.

    Interesting. So it’s an RH clearinghouse, but the 2-day rule still applies of course.

    3 votes
  5. Comment on Robinhood gets $1 billion infusion, signaling cash crunch in ~finance

  6. Comment on Robinhood gets $1 billion infusion, signaling cash crunch in ~finance

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    My understanding is that they are legally unable to take a customer's cash out of their account immediately to fund a transaction. It goes through a clearinghouse and takes 2 days to process,...

    My understanding is that they are legally unable to take a customer's cash out of their account immediately to fund a transaction. It goes through a clearinghouse and takes 2 days to process, regardless of whether you purchased with cash.

    9 votes
  7. Comment on Discord bans the r/WallStreetBets server in ~tech

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    Completely agree here. People are using the attention to pump worthless crap to others who don't understand why $GME is soaring. Everyone should know that a unique set of market conditions...

    Say what you will about WSB, at least they technically have a plan - cause a short squeeze, then sell when shorters either get margin called or close their positions willingly. Doge is nothing but a pump-and-dump. Like there is absolutely zero plan. Doge is an old meme coin that has an theoretically infinite supply and no adoption as a currency. None of these threads have one iota of an explanation for where the wealth comes from.

    Completely agree here. People are using the attention to pump worthless crap to others who don't understand why $GME is soaring. Everyone should know that a unique set of market conditions culminated into this perfect storm. One ridiculous pump and dump I've seen is BLIAQ going from 1/5th of a penny to 30 cents today - BLIAQ is the holding company that owns the liquidated remnants of BlockBuster.

    3 votes
  8. Comment on Discord bans the r/WallStreetBets server in ~tech

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    /r/personalfinance isn't a substitute though. One is for traditional, long-term, and more risk-averse investment advice; one is for high risk, high reward stock market bets representative of...

    /r/personalfinance isn't a substitute though. One is for traditional, long-term, and more risk-averse investment advice; one is for high risk, high reward stock market bets representative of outright gambling plus related memes. They are very different just like talking to an investment advisor is different from striking up a conversation with someone at the blackjack table.

    9 votes
  9. Comment on The GameStop game never stops in ~finance

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    It really is bullshit. They had halted trading 17 times so far today when I checked an hour ago. Yea I'll make some decent money on this, but I'm mostly thankful we're having a moment where the...

    It really is bullshit. They had halted trading 17 times so far today when I checked an hour ago. Yea I'll make some decent money on this, but I'm mostly thankful we're having a moment where the average person gets to see how blatantly manipulated the stock market is to benefit billionaires. Especially during a pandemic that has exposed the flaws in nearly every aspect of our society except the stock market, which continued to reach new ATHs while people suffered.

    4 votes
  10. Comment on The GameStop game never stops in ~finance

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    I recommend TD's ThinkorSwim platform for desktop and mobile. I moved all my money out of RH a long time ago because they have minimal features and don't even trade OTCs.

    I recommend TD's ThinkorSwim platform for desktop and mobile. I moved all my money out of RH a long time ago because they have minimal features and don't even trade OTCs.

  11. Comment on The GameStop game never stops in ~finance

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    They are manipulating the ever living hell out of this stock unlike anything I've ever seen. High speed algo trading in between circuit breaker halts to mimic a sell-off and scare retail investors...

    They are manipulating the ever living hell out of this stock unlike anything I've ever seen. High speed algo trading in between circuit breaker halts to mimic a sell-off and scare retail investors who are only able to sell and not buy more due to their brokers dicking them over. RH has done massive damage to their reputation today.

    7 votes
  12. Comment on The GameStop game never stops in ~finance

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    I trade on TD Ameritrade's ThinkorSwim platform. I use Schwab where I do all my banking as a backup. RH was trash before this mess, but they have completely ruined their brand in the last 3 hours....

    I trade on TD Ameritrade's ThinkorSwim platform. I use Schwab where I do all my banking as a backup. RH was trash before this mess, but they have completely ruined their brand in the last 3 hours. Over half of RH users have a position in GME, and now they've pissed off millions of users by not letting them buy more GME in order to help hedge funds they have relationships with manipulate the market.

    5 votes
  13. Comment on The GameStop game never stops in ~finance

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    I am. Bought in the 60s, looking to sell by tomorrow.

    I am. Bought in the 60s, looking to sell by tomorrow.

    5 votes
  14. Comment on I'm getting spammed by robocalls, what can I do about it? in ~talk

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    Don’t answer or interact with the incoming call in any way. Let it ring and go to voicemail. People who ignore calls completely are less likely to receive future spam calls. When I got a phone...

    Don’t answer or interact with the incoming call in any way. Let it ring and go to voicemail. People who ignore calls completely are less likely to receive future spam calls.

    When I got a phone (and my current number) years and years ago, it was when my parents lived in a state where they no longer live and we don’t have any current contacts. Many of my spam calls come from that state and are easily identifiable as spam calls. I have let them ring and blocked dozens (on iOS) over the last few years one by one as they trickle in. Now I get maybe 1 per month, and half the time it’s labeled Spam Risk.

    5 votes
  15. Comment on Daily thread - United States 2021 transition of power - January 17 in ~news

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    Distracting myself with sports this weekend, mainly premier league and NFL. I'll be back to hawking the news tomorrow I'm sure.

    Distracting myself with sports this weekend, mainly premier league and NFL. I'll be back to hawking the news tomorrow I'm sure.

    4 votes
  16. Comment on Andrew Yang is running for Mayor of New York City in ~news

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    Ha! Well I'm happy for y'all and will be rooting for Yang.

    Ha! Well I'm happy for y'all and will be rooting for Yang.

    3 votes
  17. Comment on The scary power of the companies that finally shut Trump up in ~tech

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    Trump had a private dinner with Zuckerberg at one point. It's definitely scary because Trump is so easily manipulated and always willing to sell out his office anyway.

    it was even MORE scary to see how much power big tech was giving to Trump.

    Trump had a private dinner with Zuckerberg at one point. It's definitely scary because Trump is so easily manipulated and always willing to sell out his office anyway.

    3 votes
  18. Comment on Andrew Yang is running for Mayor of New York City in ~news

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    I question an upstater referring to NYC as "ours"!

    I question an upstater referring to NYC as "ours"!

    6 votes
  19. Comment on What’s something you have an unusually strong fondness for? in ~talk

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    Chips and salsa. It is my forever food, and I recently got into making my own. Language learning. I started with French at a young age, got a degree in it, and started Spanish almost a year ago.

    Chips and salsa. It is my forever food, and I recently got into making my own.

    Language learning. I started with French at a young age, got a degree in it, and started Spanish almost a year ago.

    7 votes
  20. Comment on Democratic Sen. Manchin casts doubts on $2,000 direct payments, potentially jeopardizing passage in ~news

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    Smart of him, but then he went on Fox News recently to decry impeachment and call it "ill-advised", basically repeating the same talking points we're hearing from GOP house members in today's...

    Smart of him, but then he went on Fox News recently to decry impeachment and call it "ill-advised", basically repeating the same talking points we're hearing from GOP house members in today's hearing. Here's the full quote:

    "I think this is so ill-advised for Joe Biden to be coming in, trying to heal the country, trying to be the president of all the people, when we're going to be so divided and fighting again," Manchin continued. "Let the judicial system do its job … We're a country of the rule of law. That's the bedrock of who we are. Let that take its place. Let the investigations go on. Let the evidence come forth, and then we will go forward from there."

    2 votes