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Showing content with the highest reputation on 01/27/2021 in all areas

  1. Bought from an old friend who is giving it up. Three cans including one from WWII. Can not ammo. Late date ammo.
    9 points
  2. Yeah, and basketball players would be able to take more efficient FG attempts if it wasn't for that pesky shot clock. Show Millennials and Gen Z they have the power to shut down a major exchange, and Wall Street might as well go back to ticker tape and phone orders if they want to stay open without incident.
    4 points
  3. I am loving this in an admittedly unhealthy way. It's akin to a plot twist in a show like Billions, just in a real world sample...but I know how much of a power keg it represents. The only ones I feel sorry for are the managers of the companies caught in the crossfire...there is no way they're going to get anything approaching a fair valuation of their businesses for a bit, which is a horrible time for it to happen given all they're up against (and why they were a short target in the first place). The Hedge Funds (getting hammered) can eat cake. The hypocritical irony of any hedge fund crying foul at a group of pooled money seeking to profit off someone else's misery is worthy of holding federal office. The Hedge Funds (making money off of this) are hopefully going to be hammered. I concur with Matthew Stoller in where the SEC should look first... And finally for the Reddit WSB and Robinhood types... Seriously, this is going to be a great case study in how disruptive forces can be a thing and the basics of a future model. Even if this is found out to be a massive fraud and the Reddit/Robinhood services were just used as a preamble, the fact that they could be used for cover to begin with has exposed a mile wide vector for financial disruption. @MacGyversaid this is like 4chan getting a Bloomberg terminal, which I chuckled at; but I'd say this is like Occupy Wall Street meets BLM, meets some other decentralized activist model and they actually got results. It's been proven that an internet organized collectivist movement can check and punch back against hedge funds with billions in assets under management. This has the potential to be the 21st century version of David's sling. At best, they're going to enjoy that newfound power. If the powers that be try to crack down on this, it's going to backfire. There is no shortage of alternate means of organizing this kind of action, so while the institutional reflex is to protect their turf so to speak, they could just be expanding the fight if they think they have some divine right to keep digital activism out of finance.
    4 points
  4. But of course. The fat cats don’t want anyone cutting in on their action.
    4 points
  5. Absolutely not. These are hedge funds, whose sole function is to trade like bandits, and they do. Cheer on the little guys!
    3 points
  6. There’s no way they can actually monetize this spike and profit from the volatility in any real way. You’re not going to get a line of credit on that - at least not at terms that aren’t more predatory than the ones they’ve already got. Plus, no management team wants to be in the position of having to explain what’s happening as opposed to the story they want to tell. The team from chewy.com just took a big position in the company and three board seats to go with it. I guarantee you this wasn’t the press they were looking for. When short positions are at 140% you’ve already got the deck stacked against you - mind you by a bunch of hedge funds that want to profit off your failure. This doesn’t change any of their fundamentals in any way that’s meaningful. You have a distressed company with a record of being awful to its employees being pumped up for lulz. I won’t lose any sleep about billionaires getting screwed by other billionaires. And watching hedge funds get beat at their own game is funny. But, GME probably still winds up at zero. If the team from chewy actually thought, “hey we’ve got an ecommerce background - that’s what this company ought to be - we’ve got a team that can do that” - then that job just got a lot harder.
    3 points
  7. Bingo. The internet has let a bunch of disenfranchised folks get inside the OODA loop of some heavy hitters in the financial world. Disruption at its finest. The series of moves and counter moved seems afoot with WallStreetBets being banned from Discord...not for the recent shenanigans of course, but for failing to reign in "hate speech". Lulz...okay. I'm still thinking the crowd sourced hedge busters might be a manipulated entity by someone looking to benefit in the chaos, but this genie is out of the lamp. The generations who have had to live through two economic Armageddons ('08 & COVID), while being screwed in-between to the point where they can't say they have equity in the American Dream have a lot of un and underemployed folks, alongside some others who are a-okay helping chaos along...that's who was shown what their collective will can do when they focus it. These are the generations who have existed in the most rapidly changing times we've ever seen for their entire lives. They switch apps for everyday use and patterns of life like everybody goes through pairs of shoes. Wonder who wins a battle of adaptions...them, or the federal government/financial Lethargarians who only successfully innovate at what amount to rigged evolutions?
    2 points
  8. The prevailing commentary in the media today really disgusts me. The big concern seems to be that we need to limit, curtail, or shut down the little guy's ability to trade these stocks. It's too risky. He's not supposed to speculate. It's short term. SO WHAT! Everyone can speculate but the little guy? Nobody ever cared about that until the LITTLE GUY just won BIG! What a pathetic cave-in to the big money. The huge, rotten, selfish, corrupt hedge funds finally get their ass kicked, and the regulatory response seems to all be directed at shutting down the little guy to protect them. What a joke. We'll see how this plays out. It will certainly be interesting, but it will not infect all (or hardly any) of Wall Street and IMHO it has nothing to do with today's general market decline, which was overdue. That's about Biden.
    2 points
  9. And just to clarify, it's so much easier to kill a company, and then steal the remnants, that to buy in and build it into something. Hence, the shorting. It's just slam, slam, slam, short, short, short, all of which mean sell, sell, sell, whether they actually own it or not, and their goal is to slam, short, sell it into oblivion. In this case, a couple million individual investors decided to stick it to them. I've been in this for 45 years. This is SO refreshing to see!
    2 points
  10. As always, this is NOT LEGAL ADVICE!! The confusion typically comes from the fact that there is no "hard and fast rule" here. Someone who forcibly enters and has no legal right to be there creates a presumption that you (the rightful occupant) are under a reasonable fear of death or grave bodily harm. That presumption can be overcome by the facts, though. For example, an intruder forcibly enters, is completely naked, and falls asleep on the couch. You walk into the room some time later and find him there. The fact that the intruder meets that presumption definition does not give the occupant the right to shoot him. Under those circumstances, the presumption is overcome by the facts. It would not be reasonable to be in fear at that point. Yes, if you change the facts or add facts, that could change the result. But that's the point. The facts will dictate what is allowable as self-defense. The classic example of a self-defense presumption is you hear glass break in the middle of the night. You get up, see a dark figure and fire at that figure. Under those circumstances, the shooter is presumed to have been in reasonable fear. The shooter would not have to prove that fear was reasonable at trial. If the prosecution can prove that the fear wasn't reasonable, the presumption is overcome and a conviction is possible (maybe even likely). The only thing the self-defense presumption does is change who has the burden of proof at trial. In either case, the facts matter. So, change the facts even slightly, you can get a different answer. As a general matter, it still comes down to reasonableness. If someone forcibly enters the house but you have any reason NOT to be in reasonable fear, don't shoot. Just because a person is in your house is not a get out of jail free card.
    2 points
  11. If there’s one thing we’ve learned one thing in the last few years it’s that the internet has made the world a much smaller place. From the colored revolutions to BTS Tiktok’rs taking over rallies a lot more marginalized groups are finding their voices through the internet. We should also definitely couple in the fact that Wall Street has some amazing skill at monetizing flaws in market systems - they’re also surprisingly immature in some areas that make them vulnerable to stuff like this.
    2 points
  12. Here's why I'd love to be a GME top executive at $300+ rather than $2 or $20. 1. We are not going to bail out the hedge funds, period. This is a tiny tiny fraction of the 2008 problem. That was ALL of Wall Street and the financial system. There is no popular sympathy for a handful of hedge funds which specialize in killing companies. 2. Litigation avoidance. Anyone who is still a long shareholder and was previously dissatisfied with management has now lost his claim might now come out verrrrry profitably. 3. Executive stock options. If I'm an exec and had company stock options at $40, I have not been happy for a long time. Now I'm happy, assuming my options are vested and I am free to sell (which company counsel may or may not have blessed. Some counsel would, some wouldn't) 4. Opportunity to sell existing stock owned. (assuming not in a restricted "quiet period.") 5. Everyone has now heard of the company. Great time to announce new products, services, and anything positive. 6. Part of executive bonus plans often encompass the average price of the stock during a quarter. That's gonna be HIGH. 7. All of this attention may enable the company to do a stock offering to raise funds for......whatever. That's just a quick rundown of reasons why it's great to be an exec of GME at this time. I'm sure there are more.
    2 points
  13. The SEC could always take an interest - although they don't seem to have a lot in the way of teeth over the last few years. This isn't like a typical pump-and-dump scheme - in that it seems far more distributed. Were I investigating this, I'd be interested in some of the bigger 'influencers' in r/WSB. To the extent that anyone is playing with institutional money - that would be problematic. Anytime a company is shorted over 100% bears some investigation. But, whether the SEC will do it - who knows? But, this stock and the market at large are being artificially manipulated. Sure, here it's at a micro level - but it certainly could have larger implications at a macro level.
    2 points
  14. It's like 4chan got a Bloomberg terminal. The Reddit r/WallStreetBets is actually quite interesting reading. The fact that they've basically bankrupted a couple of major hedge funds is insane - and kind of serves them right. They're currently moving on AMC too. This won't end well, but it's fascinating to watch.
    2 points
  15. Talk about beating this horse to death how many times over.... Plan on everyone getting this at some point, Vaccinated or not. It will spread threw out just like the rest of the social viruses. Look up Ivermectine and vitamins to start and be done with it. Now that the Evil orange guy is out, its safe for the lefty states to open up...... give me a break. Sheep will all ways need a herder.
    2 points
  16. Welcome to your future home. It's not tropical for sure but you might second guess that in the summers here in west Tenn. Winter here is rain, sun shine, 70 degrees, 20 degrees, snow, and tornadoes. And that's all in one day,
    2 points
  17. They dont make the rules to protect you.
    1 point
  18. When we bought 6 years ago and got our house insurance with Farm Bureau, I asked about coverage for sinkholes and they said it was automatically included in all of their policies unless they were asked to leave it out. I think the savings was less than $50 to leave it off. Earthquakes and floods are natural also and you can get insurance for those.
    1 point
  19. I would add to chip's advice to try not and put yourself in a position to shoot at a dark figure. A flashlight may save a loved one, a drunk college kid or neighbor....and a lot of regret. Both a handheld as well as a weapon mounted light are good investments.
    1 point
  20. Oh, I’m cheering alright. I’m loving this for a multitude of reasons.
    1 point
  21. NASDAQ’s CEO has suggested they might halt trading to allow funds to “recalibrate their positions.” https://www.mediaite.com/news/nasdaq-ceo-suggests-halt-to-trading-to-allow-big-investors-to-recalibrate-their-positions-to-combat-reddit-users/amp/?__twitter_impression=true When 2008 happened, it was the taxpayer that bailed (most of) them out. This is another verse to that same song.
    1 point
  22. Chucktshoes video does a good job of explaining what’s happening.
    1 point
  23. If you go back a bit on this story, Elon Musk had a hand in this by a tweet leading to a Proof of concept pop his comment got action on. Now the scale of it is escalating. One of my stocks got a big bump today when another reddit board just mentioned the ticker. I dont like its on the radar. The stories I'd read this morning indicated that they had reached out to gov. But on the surface there was nothing actionable ....all is fair in love and stealing! I like the inferences that the hedge funds are going to work together to do them under. They dont like being beaten at their own game. That is the part of the war that will be interesting.
    1 point
  24. I won't share the site here. But the file is out there. You should familiarize yourself with deterrence distributed.
    1 point
  25. I'd sure hate to be in management at GameStop or AMC right now.
    1 point
  26. Mostly because of having installed a bunch of can lights in my parents' house. Frequently they're not installed correctly, crooked, wired wrong, etc. It takes a bunch of them to light a room, so they're very inefficient energy wise. I also like good natural light that's relatively bright. I just prefer more earth tones than stark white. Too sterile for me, but easy to paint over. And white walls and kids don't mix.
    1 point
  27. In Tennessee, people can justifiably use deadly force to defend themselves or others if they believe there is an imminent threat of death or serious injury. There is no duty to retreat from your home. Do you believe the intruder in your home poses a threat of death of serious injury? Then you are legally justified in using deadly force to prevent that death or injury. You cannot use deadly force to prevent the intruder from walking out the door with your 4K UHD television.
    1 point
  28. You can defend yourself and your loved ones from risk of overwhelming and imminent bodily harm. You're not obligated to retreat. You're not permitted to prevent theft of property with deadly force. IANAL.
    1 point
  29. I spent a bunch of time on that thread a few years back. I love seeing what a dedicated hobbyist can do.
    1 point
  30. Hope he can cheat good enough to win and not get caught.
    1 point
  31. We are currently renting an 840 sq ft home with 2 big dogs and we both work from home. My wife is going nuts here. You are correct that in 2018 this type of house would have been significantly cheaper. With the rate people are moving here, I don't think home prices will drop in Knoxville.
    1 point
  32. We went out and walked 6 acres we found for sale in South Knoxville. I think 2-3 of it might be buildable but there is a giant sinkhole towards the bottom. It was in the county so I could shoot on my own land and not pay city taxes. Here is what the topo map shows with big sinkhole in the middle. Property line is in blue. I'm not sure how I would feel about building on land that is prone to swallowing the earth. https://www.realtor.com/realestateandhomes-detail/Daniel-Rd_Knoxville_TN_37920_M85213-48019
    1 point
  33. The folks who go to the Cool Springs Academy Sports are civil and stay in line. We all just calmly walk to the back and take our turn getting the ammo we want.
    1 point
  34. It's a long thread, but the brass 10/22 by Teddy Bear Rat is at: https://www.rimfirecentral.com/forums/showthread.php?t=483339 It's the best looking 10/22 I've ever seen. Looking forward to any info you share on the 3D printed receivers.
    1 point
  35. All white with bunches of can lights. I hate can lights. Clearly a remodel/flip not too long ago. What did you see?
    1 point
  36. Speaking of brass, I remember years ago when someone on RimfireCentral made their own receiver from a chunk of brass. Beautiful rifle. So I've been working on this myself. Getting the printer setup correctly is INCREDIBLY IMPORTANT for these prints. My first couple of receivers were out of spec to the point of not being usable at all. Once I got my printer issues ironed out, I printed a mostly beautiful receiver. I assembled the whole thing and took it to work to show a coworker. It fell and hit the ground in the perfect way that it broke the receiver. I think I can fix it with some two part epoxy but I haven't given it a go yet. I also printed another receiver just in case. Maybe I can get that one finished this weekend so I can test fire it. If I do, I'll throw up a video here. I've also been working on printing a Glock lower.
    1 point
  37. Oh sure...for your daughter That's great. I've seen some ladies who had pink rifles who got some initial snickers setting up. Snicking stopped when they showed they knew how to use em.
    1 point
  38. The 1911 is highly addictive. I started with a Colt many years ago. Now 2 shelves in the safe are filled with different calibers and models of 1911.
    1 point
  39. Bet my last dollar how she voted and anti 2A.
    1 point
  40. Jennings is doing a great job hosting Jeopardy. It’s taken a bit of adjustment to get used to his voice but I say make it permanent.
    1 point
  41. The cat dude, I like it. There is a limit per customer but people still take advantage by bringing aunts, cousins, stepsons, brothers you know how it goes. As someone else said people get there a couple hours before we open and wait in hopes that we got a truck with ammo on it. At one point when we still had ammo in the back by the guns people would sprint to the gun counter to try and be first to buy. It's been moved up front now so I am not sure how that goes. Pricing on our end has only gone up a couple dollars a box. I got 9mm for 24 cents a round a couple weeks ago. I only work four hours a week to keep my discount now so I miss out on most of the ammo shipments. I don't care how much I want ammo I'm not paying 50 cents to a dollar a round for 9mm or anything really. My neighbor picked up steel cased 9mm from the outpost over the weekend for 35 bucks a box of 50, that's insane.
    1 point
  42. You will NEVER have only one 1911! You might never have had one , or never will have one... But you will never have only one 1911.
    1 point
  43. It started out political... It always was political... leroy
    1 point
  44. It's a shame that folks can't seem to resist turning an otherwise harmless thread political.
    1 point
  45. Tolerate me, please, while I wax poetically about masks. I'll preface my words by saying that I am a COVID-19 "survivor" and fairly recently at that. I am pretty sure I know where I contracted it because I hadn't been anywhere else. I am sure I caught it at church recently on a day when we had record attendance and I could count the number of people wearing masks on one hand. Out of a few thousand. The fact that I was wearing a fleece face covering while volunteering (outside in 20-degree weather, mind you) didn't help me. I was exposed and then followed it with an abusive and exhausting pace at work for the next three days that sapped my body's ability to resist the virus. It was the perfect storm, so to speak. So here's the deal: You all know the science and statistics regarding N95 masks, fabric face coverings, and why none of them are going to stop you from inhaling something as small as a virus. But hopefully you all possess the common sense to understand that those same things will stop you from spraying a cough or a sneeze 10+ feet away from you, and keep you from coughing into a hand that you then use to touch or handle something that other people are going to touch or handle. And that's the whole point of them. This particular virus is pretty communicable. It both "survives" on surfaces and remains airborne long enough, if coughed or sneezed into the atmosphere, to be a problem for people in confined spaces. A mask isn't going go keep you from catching it but it has a good chance of stopping you from spreading it to other people. I made it nearly a year without contracting it and credit that to working from home 100% of the time since last February, avoiding prolonged contact with large groups of people in confined spaces, using hand sanitizer before I get into any of my vehicles after handling or touching things that other people might have handled or touched, and staying reasonably fit by exercising almost daily and getting plenty of sleep. I wore a mask or face covering whenever I was in close proximity to others in public, but that was never for my sake. Now that I've had it, I will keep wearing a mask until enough people are vaccinated that we can stand-down. Having the antibodies for it helps me. It doesn't help anyone else. It doesn't stop me from having the crap lurking in my sinuses where I can spread it to other people, but a mask will mitigate it. TLDR: Masking is effective for everyone's sake except the wearer. The weak link in this protocol is anyone who chooses not to wear one when around other people. If the reason you don't want to wear a mask, is because it doesn't help you directly, you might need to consider whether you're being a selfish asshole or not because I am pretty sure that anyone who does wear a mask is helping you. These statements are based on personal experience, common sense, and 40+ years of understanding the scientific method and believing that medical professionals aren't out to get me.
    1 point
  46. They're always boiling over about something, Freeze just happens to be the flavor of the month ...
    1 point
  47. The truth of the matter is that people will always be people... Ya are simply findin out who the "opportunists" n "users" are. Choose your business deals n friends wisely... That us all... watchin n choosin leroy...
    1 point
  48. Well, when people have a lot of extra cash sitting around scarcity forces prices up.
    1 point
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