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1 year ago

(Jan 26, 2021 02:23)

Pfizer will be able to supply the U.S. with 200 million Covid-19 vaccine doses two months sooner than previously expected https://t.co/80H7qcuVlE

Retweet count

753

Like count

2,6K

1 year ago

(Jan 26, 2021 01:37)

ELI5: How is massive shorting of a stock any different than a pump and dump scheme besides the direction of the momentum?

So from what I understand, pump and dump is when you inflate a stocks price by coordinating a demand that by normal means does not exist to give a stock an upwards trajection that it should not have, and then selling high once other people are in on it. And what most of these hedge funds did was to short stocks that were priced fairly to dip them into lows they should not have been in the first place to profit by covering their positions at low prices. How are these 2 things different in any way besides one targeting the bulls and the other targeting the bears?

Reply count

505

Upvote count

1,6K

Downvote count

89% up

1 year ago

(Jan 26, 2021 09:04)

A new watchdog group will track companies that hire people who worked as top aides to former President Trump https://t.co/6G4IhDaqjo

Retweet count

170

Like count

531

1 year ago

(Jan 26, 2021 08:00)

New Zealand is likely to keep its border closed to the world through most of 2021, Prime Minister Jacinda Ardern said. For travel to restart, she said: “We either need the confidence that being vaccinated means you don’t pass Covid-19 on to others — and we don’t know that yet — or we need enough of our population to be vaccinated and protected that people can safely re-enter New Zealand. Both possibilities will take some time.” The country will continue to pursue travel bubbles with Australia and some Pacific Islands. Link in the bio to read more.

Reply count

898

Like count

37,1K

1 year ago

(Jan 26, 2021 10:25)

● GameStop nearly doubled in Tuesday trading, taking its market value over $10 billion as its shares soared 685% this year. Link in bio for the full story.⠀ ⠀ ● The stock’s gain vaulted its market value past more than 10% of S&P 500 stocks including American Airlines, Under Armour and Invesco. It started the year with a market capitalization of $1.2 billion.⠀ ⠀ ● Better-known names piled into the stock today with venture capitalist Chamath Palihapitiya pushing the gains higher during trading hours after tweeting about buying calls. Elon Musk later tweeted a link to a Reddit thread about the company.⠀ ⠀ ● GameStop surged as much as 68% in extended hours, climbing past $240 a share at one point after soaring 93% during the regular trading day.

Reply count

1,2K

Like count

32,1K

1 year ago

(Jan 26, 2021 08:00)

Elon Musk tweeted “I kinda love Etsy,” and shares jumped on Tuesday. In a follow-up post, Musk explained that he had “bought a hand knit wool Marvin the Martian helm (sic) for my dog” and posted a picture of it. Shares gained as much as 8.6% and hit an intraday record. It’s the second time this month the Tesla CEO drove up a stock with the push of a social media button. Link in bio for more.

Reply count

679

Like count

30,8K

1 year ago

(Jan 26, 2021 04:30)

HSBC CEO Noel Quinn defends the lender to U.K. lawmakers against accusations it had become a tool of the Chinese authorities https://t.co/691u9SC5Vx

Retweet count

289

Like count

297

1 year ago

(Jan 26, 2021 06:24)

Drop a 💯 if you agree.

Reply count

341

Like count

20,7K

1 year ago

(Jan 26, 2021 01:01)

Florian Homm titled his 2012 memoir "Rogue Financier: the Adventures of an Estranged Capitalist." Now he faces allegations of a $200 million fraud. His trial on charges including criminal mismanagement, money laundering and forgery is scheduled to start in a Swiss court today. The German hedge-fund manager, who founded Cayman-Islands based Absolute Capital, has already fended off U.S. extradition over what prosecutors called "portfolio pumping." Homm denies the charges. Link in bio for more. 📷: Florian Homm in 2004. By Christof Koepsel/Bongarts/Getty Images

Reply count

367

Like count

20,2K

1 year ago

(Jan 26, 2021 03:45)

💪

Reply count

313

Like count

16,1K

1 year ago

(Jan 26, 2021 11:15)

Billionaire investors Steve Cohen and Ken Griffin pour $2.8 billion into a GameStop short seller https://t.co/uwaAlX7H1b

Retweet count

73

Like count

456

1 year ago

(Jan 26, 2021 10:47)

'Big Short' investor Michael Burry blasts Reddit-fueled GameStop rally as 'unnatural, insane, and dangerous' https://t.co/yo3GBjEPUW

Retweet count

98

Like count

430

1 year ago

(Jan 26, 2021 10:36)

Today in tech: - Google stops donations to U.S. Congress members who voted against election results - Twitter permanently suspends My Pillow CEO for election misinformation - Grindr faces $11.7 million fine in Norway for breach of data privacy https://t.co/jdqLjGSRVI

Retweet count

148

Like count

377

1 year ago

(Jan 26, 2021 12:03)

Janet Yellen was confirmed as the first woman Treasury Secretary and will spearhead the push for a $1.9 trillion Covid relief bill #WSJWhatsNow https://t.co/k0TqEE7pKg

Retweet count

69

Like count

407

1 year ago

(Jan 26, 2021 05:39)

Thinking about meaning in five pillars — belonging, purpose, competence, control, and transcendence — can help you reinvent your life. https://t.co/C4skTnJ9gC

Retweet count

95

Like count

371

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