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A hiring manager wanted “quick free advice” before interview rounds, so I sent my consulting rate
I had a phone screen last month for a marketing operations role at a mid-sized SaaS company. The recruiter call went fine, salary range was decent, and they said the next step would be a hiring manager interview. Pretty normal. Then the hiring manager emailed me directly the next day saying she was “excited about my background” and wanted to ask one quick question before scheduling because they were “in a weird spot with attribution.” I figured it would be something simple like how I think about reporting or tool setup. Nope. She sent me a giant paragraph about their lead funnel being messy, sales blaming marketing, marketing blaming sales, paid campaigns not matching CRM data, and leadership wanting a better dashboard by end of quarter. Then she asked what I would “recommend at a high level” so she could see how I think. This was before any real interview with her. No NDA, no context, no job offer, not even a calendar invite. Just casually asking me to troubleshoot their actual business problem for free in an email thread. I replied politely and said this sounded like a real audit, not a screening question, and I’d be happy to discuss my general experience in the interview. If they wanted me to review their current setup and provide recommendations, my consulting rate was $150/hour with a 2 hour minimum. I honestly expected her to either ignore me or say never mind. Instead she got weirdly defensive and said they were “just trying to assess fit” and that strong candidates are usually happy to show initiative. I said I understand, but giving unpaid strategic advice before an interview isn’t initiative, it’s unpaid work. The funny part is the recruiter called me two days later and apologized. Apparently I wasn’t the first candidate they tried this with, but I was the first one to push back in writing. She said they were “recalibrating the process” and asked if I still wanted to move forward. I said sure, as long as the interview stayed an interview and not a free consulting session. They never scheduled it. Not shocked lol. But now I have a new rule: if a company asks for advice on their real internal mess before they even interview me, I quote a rate. It filters them out fast. submitted by /u/SilentHarbor93 to r/jobsearchhacks [link] [comments]
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r/jobsearchhacks |
SilentHarbor93 |
May 27, 2026 |
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What is a marketing funnel?
I’ve heard this term a lot in digital marketing, but I don’t really understand what it means or how it works. I want to know how businesses use it to turn people into customers and why it’s important. submitted by /u/Abigail_Tech to r/AskMarketing [link] [comments]
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r/AskMarketing |
Abigail_Tech |
May 6, 2026 |
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With scams on the rise, international students are targets on the black market for bank accounts; Canadian banks are using technology to push back on criminals funnelling money through international student bank accounts with sophisticated scams
submitted by /u/FancyNewMe to r/canada [link] [comments]
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r/canada |
FancyNewMe |
Apr 26, 2026 |
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Tori Trades Exposed: The $6.5k "Simp Trap" funnel is just a front for an older marketer ("Uncle Mike") pushing impossible math and credit card debt.
Tori Trades is the poster child for the newest fake guru meta: the "relatable girl-next-door" who magically turns $5k into $500k. The "rented Lambo crypto bro" scam is dead, replaced by a weaponized parasocial funnel designed to completely bypass a lonely guy's scam-radar. I did a forensic deep-dive into Tori Trades (who sells masterclasses for up to $6,500) and traced her entire operation back to her "puppeteer": a boomer marketer named Mike Aston who runs the channel Trading Template. I dug through Mike's old videos, and this is one of the most predatory, mathematically brain-dead funnels I've ever seen. Here are the receipts I covered in my video breakdown: 1. The Shared Account Prop Credit to other sleuths for spotting this, but in older videos both channels appear to show the same brokerage account details on screen. They aren't independent prodigy traders; they are using a shared, recycled prop to sell you an illusion. 2. The profit claims do not survive basic math. Across his videos, Mike appears to be trading with an account roughly in the ~$40k range (it fluctuates, but stays in that ballpark), while also talking about averaging around $1,000 per day. That implies roughly 2.5% daily returns. If you compound that over ~250 trading days (one year), the account doesn't grow to a "nice income" - it explodes into absurd territory. That is why presenting this as a normal, repeatable outcome does not pass a basic reality check. 3. "Trade With Your Emotions" There is almost zero actual trading education on his channel, but when he does give advice, it is financial suicide. In one clip, Mike literally says: "Your emotions should be fully involved in trading... if you're not happy, you get out." In another, he gets caught in a losing trade and just keeps blindly doubling down on the loser (the Martingale strategy). He is charging thousands to teach people how to blow up their accounts. 4. Pushing Credit Card Debt & Hiding Behind Jesus This is where it gets sociopathic. A viewer commented that they needed a few months to save up for Mike's $1,234 PDF course. Mike looked into the camera and explicitly told them to put it on a credit card and make payments so they could "start now." How does he justify trapping 9-to-5 workers in 25% APR debt? He heavily coats his sales pitches in religious language, quotes Bible verses, and calls his channel a "ministry" to manufacture trust. The Takeaway: Tori Trades makes perfect sense once you realize she is just the highly-clickable, aesthetic front-end for a failing older marketer who needed a new way to drain your wallet. submitted by /u/Gurubusters to r/FakeGuru [link] [comments]
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r/FakeGuru |
Gurubusters |
Apr 12, 2026 |
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Tale of an i-fan swimming in a new C | Storytime about how I ended up in a world of sasaengs
EDIT: This was written before the announcement of Heeseung's departure and makes no reference to that. If there are blank spaces, it is because that is where photos were (proofs and screenshots), but this sub does not allow for photos to be added to the body of text. Please take this with a grain of salt. My attempt at humor may not be everyone's taste and that is okay. Generalizations may be made, but not meant to be deep. This is based on my lived experience. Obviously when i say c-fans and you have two cousins in China who aren't like that, i am not talking about them. This is long. You are not obligated to read it, but if you do, I am grateful! Please share your thoughts! Save for later :) Synopsis I’ve been a K-pop fan since 2016. Specifically BTS. I was what you would call an International Stan, which is really just a fancy way of saying emotionally invested but geographically blocked. I still am an i-fan, of course, but less so in recent years. This is the story of exactly that. People think they understand what it’s like to be a k-fan because they visited Seoul for 10 days and bought 3 albums at Myeongdong. Sweet. Adorable. But living in East Asia as a fangirl? That’s a completely different psychological experiment. As an international fan (especially an American one), your experience is… controlled. Safe. Curated. You get a concert. Maybe a hi-touch if the gods are smiling. Possibly a video call fansign if your bank account sacrifices itself. And then you go home. You shower. You return to normal society. There is distance. Healthy distance. You are limited to asian twitter stans keeping you updated on the day-to-day, should you even care. I would argue geography is the only thing preventing many I-fans from becoming sasaengs. I said what I said. We have boundaries because we have oceans. K-pop is a bubble and your direct environment doesn't live in it. Chapter 1 When I first started stanning, I lived in Europe. Then in 2018 I moved to South America. Then in 2019 I moved to the U.S. Then COVID said “actually no” and I went back to South America after 11 months. Basically, I was doing a world tour. Unlike my faves. Fast forward to 2023. I move to China. And this! This is where the villain origin story begins. Now, up until this point, I had a very normal i-fan life. I had seen Blackpink on their Born Pink tour in Abu Dhabi. My only k-pop concert. And it came about simply because I happened to be in the same place at the same time. Coincidence. The rest of my fangirl life was limited to shoddy weverse livestreams and reruns of Run BTS. BTS goes on group hiatus and I, like many people, miss the chaos of group dynamic. And so i diversify. A hybe stan has been born. TXT, Enhypen, Seventeen, Boy Next Door, &team. After a while, The Boyz, P1Harmony, NCT127 and Zico join the ranks. My multi-stan portfolio. Now I’m in Beijing. Two. Hours. From. Seoul. Suddenly the forbidden fruit is within reach. Artist appearances? Possible. Encore concerts? Possible. Offline fansigns? Possible. Comeback shows? Possible. Airport sightings? Apparently… very possible. At first it doesn’t even register. This life never existed in my brain before. I was a “wait for the world tour” kind of girl, even though i never actually went to the world tour. But i'm here now and it takes a while before all of this registers in my brain. Chapter 2 Now let’s talk about China. Because we have the firewall. To access “outside” sites, you need a VPN. Which I am using right now to expose myself. This becomes important. Six months in, I’m settled. I’m thriving. I’m now tuned in to Weverse notices like it’s the stock market. Enhypen announces their new tour: Walk The Line. I am a newborn Engene. Fresh. Fragile. Delusional. I buy my first membership ever. I feel official. Legitimate. Recognized by the universe. Ticketing opens. I study Global Interpark like it’s the LSAT. And then… They start cracking down on bots. Which sounds amazing in theory. Except I am not a bot. I am simply a girl. In China. With a VPN. Which the system cannot emotionally differentiate from a criminal. I fail. The site blocks me. My dreams? Also blocked. I give up because I don’t even know what I’m missing yet. I have never truly experienced much k-pop in real life so emotionally, i am fine. At this point, I have not yet joined chinese social media like Douyin and Xiaohongsu. Then summer hits. Enhypen’s Tokyo shows are announced and I hear Japanese ticketing is basically the Hunger Games. I think to myself, chances are low but never zero. I give it a shot. And then somehow (for reasons i do not know but i also don't care about), the Japanese site does NOT clock my VPN. God intervened. I get tickets. I am going to my first Enhypen concert. In Tokyo. I am levitating. I fly in for a 3 day trip. I arrive early because this is Japan and I don’t know the social rules at these concerts and I refuse to accidentally disrespect anyone’s lightstick etiquette. Ajinomoto Stadium. I am here. I sit down. I have a terrible view, but I am on a high! Start talking to my seatmate. And within 5 minutes of looking around I realize… My entire section is Chinese. Every. Single. Person. And it makes sense. The Japanese site allowed access. So we all migrated like emotionally unstable birds. The girl next to me? YingYing. Her bias is Jay. How do I know? Not because of the GIANT fan she carries with his face on it. But because she is the ONLY PERSON in our otherwise polite, composed Japanese stadium screaming his name. I start a conversation and thankfully she speaks a bit of English because my Mandarin is abysmal. I immediately clock her get-up. My girl has binoculars. She has multiple sources for hydration. She has a decorated lightstick. She has two phones. She has two powerbanks. She hands me a freebie. An experienced k-pop stan. My first encounter in the wild. Meanwhile, I am there. With nothing. I had planned to buy a lightstick at the venue but apparently you were supposed to buy it on Weverse and pick it up at the venue, which I did not know. My single powerbank has died already so I stop recording the concert because I still need my phone to get home. I don't know many things at this point. My single bottle of water had finished hours earlier so at this point I am withering away in the scorching heat. YingYing. We exchange info. We bond. It’s beautiful. Concert ends. Life is good. Now here’s where things shift. Chapter 3 I have some friends in Seoul from my days at uni. I had been to Seoul 3 times before my big move to Asia to visit them, get plastered on soju and update my face. I start flying to Seoul monthly. Not for idols. For vibes and to give in to my insecurities and succumb to beauty standards. There is something about being in this city and just seeing ads all over with your fave's face on it, hearing your favorite music outside, seeing people with photocards on their bag, that just hits different. The bubble i mentioned earlier. I am in it. The bubble has burst. There is no such thing as a bubble here. At the Beijing airport, I start to notice something strange. The check-in line always full of girls. No luggage. Just massive professional cameras. I land in Seoul. Arrivals is packed. Clearly someone is coming. And I stay. Because curiosity is my fatal flaw. And out walks Seventeen’s The8. Looking fine, might I add. He walks. The girls run. It’s chaos. He leaves. And then I witness something that changes my brain chemistry forever: The girls… go back to departures. They fly back. They flew to Seoul. To see him walk through an airport. And then flew home. I am standing there holding my carry-on, questioning my entire understanding of devotion. I have flown Beijing–Seoul 16 times and they are always there. Always. Locked in. Cameras ready. No luggage. Just commitment. My mind is blown. Meanwhile, I’m living peacefully as an Engene. Nothing has really changed for me yet since my first experience. It's still not clicking in my brain. I'm still a normal i-fan. And then I see Enhypen will be in China. For a fansign. And I think to myself: “Oh how nice. I’ve never been to one. That would be cute.” Oh. Sweet. Naïve. Me. Chapter 4 The updates for this fansign are posted on Weibo. And thus begins my descent into Chinese social media. I download the apps. I make the accounts. I step through the digital gates like: “I’m just here to look.” Famous last words. The eligibility is simple. Classic K-pop capitalism: The more albums you buy, the higher your chances. I don’t even attempt it. I am not an album hoarder. I am not building a shrine. What am I supposed to do with 50 identical albums? Tile my bathroom? No. But then I see something. The Polaroid fansign. One-on-one. You and your favorite member. A photo. Intimate. Exclusive. Tangible delusion. Apparently, you can just… pay. Oh. I am an adult. I have adult money. I can absolutely pay to take a Polaroid with the cutie that is Jungwon. I begin justifying it immediately. “This is a once in a lifetime opportunity.” “This is cultural research.” “I live in Asia now.” Then reality slaps me across the face. Jungwon: $15,000. Fifteen. Thousand. Green. American. Dollars. I close the page so fast I nearly sprain my thumb. Listen. I might be crazy. But I am not fifteen-thousand-dollars-for-a-polaroid crazy. However. If this had been Jungkook? That is a different internal conversation. But I am saving for the BTS World Tour that will one day resurrect me spiritually. More power to you, Chinese Engenes. But now? Now I’m on Chinese socials. I’m tuned in. LOCKED in. And here’s the plot twist: I can access ticketing sites for Hong Kong. Macau. Taiwan. No VPN drama. No Interpark trauma. Just vibes. And so my real journey begins. I go. See. Everyone. Casual fan? I’m there. Die-hard stan? I’m there. Group I barely know three songs from? I’m seated respectfully. During 2025 I see: BoyNextDoor, TWS, IVE, Aespa, Stray Kids, Close Your Eyes, AHOF, MEOVV NMIXX, NCT Wish, NEXZ, Hearts2Hearts, KiiiKiii, ZEROBASEONE, The Boyz, Ha Sungwoon, Cravity At this point I am not a fan. I am infrastructure. I am frequent flyer platinum. I am scanning schedules before managers. I am HER. Now. Let’s talk about Chinese fan culture at concerts. There are no rules. No etiquette. No mercy. If you collapse in the front row, you will be stepped over like a minor inconvenience. Do not get between a girl and her fancam. We do not scream. We do not dance. We DEFINITELY do not wave lightsticks wildly. You may bring your lightstick. But it is decorative. It is not to obstruct the 4K zoom lens. We live for the fancam. And because most of the shows I attended were seated? I survived. Untouched. Unproblematic. For now. Chapter 5 Then. Enhypen announces encore concerts in Seoul. Remember how I was blocked from Korean ticketing because of VPN discrimination? Exactly. So I don’t even try that hard. But I am now spiritually bonded to Weverse. No notice escapes my household. And then. The raffle notice drops. Raffle? I’ve never entered one. I’m about to ignore it because again, I will not be bulk buying albums like I’m restocking a warehouse. Then I read carefully. Membership holders. Only. Months ago, in a moment of delusion, I bought the Engene membership. It has been sitting there. Unused. Judged. Forgotten. This is my redemption arc. I enter. I win. I WIN. No Interpark. No VPN warfare. God said: “Fine. You’ve suffered enough.” Not only do I win. I win soundcheck. My first ever soundcheck. This. This is the concert that awakens my inner bitch. Because up until now? I am nice. I mind my business. I am an extroverted introvert. The girls who get it, get it. The concert is standing. I hate standing concerts. I despise them. But for Enhypen? We endure. The ticket has a zone number and an entry number. I do not know what this means. I show up early at KSPO Dome because this is my first Korean concert and I am determined to be culturally respectful. Immediately I notice: Everyone is Chinese. A few scattered foreigners. The rare Korean. But mostly? My people. I feel a strange kinship with c-fans. I too, am now 'from China'. Then I start observing. The platform shoes. Six inches minimum. Structural engineering marvels. And the phone rental lady. With literal suitcases of phones. I am staring at her like she’s a mythical creature. Time to line up. My number is 101. Here is what I did not understand: 101 means I must be the 101st person in line. It is self-regulated. Self. Regulated. I accidentally stand too far forward and the girl with a lower number looks at me like I just committed a felony. The shame. I quietly reposition myself to my legally assigned spot. Everyone in my line is Chinese. At this point I feel adopted. We enter. And somehow I secure third row from barricade. I have never been this close to a stage in my life. The C-engenes around me seem nice. For now. Then she arrives. The girl behind me. Within seconds I know this is going to be war. Nothing is happening yet. We are just standing. Why are you pushing me? Soundcheck starts. And this girl is attempting to merge her body through mine to reach Jungwon. While yelling his name in the most unhinged baby voice you can imagine. “Jungwonnnnnieeeee~” I feel my soul leaving my body. I politely ask her to stop pushing me. Twice. She does not. I cannot move. I am compressed. I am experiencing crowd-based suffocation. The girls around me do not move. Jake says: “PUT YOUR HANDS UP!” Absolutely not. Hands stay DOWN. Arms glued to sides. We are statues. We are filming. Dancing is illegal. Breathing is optional. I survive almost the entire concert before I surrender. I politely ask if I can pass through to leave. And for the first time all night? They smile at me. Great concert. Terrible concert experience. Chapter 6 I return to China. Deflated. Emotionally bruised. Spiritually aged. I look in the mirror and whisper: “I am too old for this.” Like I just came back from war. But then. A thought. If Chinese fans can’t access ticketing sites from China… Why was the venue in 87% Chinese? Not everyone won a raffle. Not everyone is God’s favorite. So what is happening. Who would know? YingYing. I had completely forgotten about YingYing, Jay’s personal hype machine, but I message her like: “Hey bestie. Hypothetically… how are y’all everywhere?” She replies immediately. Turns out she went to the Seoul concerts too. Of course she did. So I unload. I air out my grievances like I’m filing a formal complaint with the universe. How do C-fans get tickets? How are they at every fansign? How do they always know schedules before Weverse even blinks? Why are they omnipresent? Are they government funded? Reminder: I am now on Chinese social media. I have seen the sasaeng accounts. I have seen the flight screenshots. I have seen the hotel lobby livestreams. My algorithm is concerning. YingYing says: “Girl I got you.” Those four words altered my brain chemistry. She adds me to a WeChat group.Three hundred members. It’s an Engene group. I. Am. Floored. And slightly disgusted. But also deeply intrigued. Like when you know you shouldn’t open the comments section but you absolutely will. I do not announce myself. I do not speak. My Chinese is still mid and my morals are in observation mode. I am a spy. A National Geographic correspondent embedded in the wild. I scroll. The group has leaders. Hierarchy. Structure. This is not chaotic fangirling. This is a corporation. About 4–5 core Engenes running operations. This is Jay’s c-bar. Thank you, YingYing. Of course it’s Jay’s. And then I see it. Fundraising posts. But not for birthday billboards. Not for subway ads. For scheduling information. Flight details. Hotel information. Car routes. They pool money to buy intel. Buy. Intel. There are payment screenshots. Contribution lists. Spreadsheets. If you donate, you get access. Premium subscription: Stalker Edition. They are also collecting funds to send one of the leaders to Seoul to “camp.” Camp. Which sounds cute. It is not cute. Camping means positioning yourself near dorms, hotels, airports. Stalking, if you will. Everyone who donates gets access to whatever she gathers. Photos. Movements. Confirmations. It is crowdsourced surveillance. Or, again, stalking. And I’m just sitting there. Scrolling. Silent. Horrified. But not leaving. Because I need to understand. Because I moved two hours from Seoul and accidentally unlocked a level of fandom I was never meant to see. And suddenly I realize: The girls at the airport with no luggage? They are not random. They are coordinated. And I am in the group chat. Chapter 7 I am a fly on the wall. Emphasis on fly. Because yes, I am in the groupchat. But I am not in the inner circle. I am not trusted. I am not initiated. I am observing. This is Jay’s c-bar. But here’s the thing. It’s just one of many. Every major city has its own groupchat. I’m in the Beijing one. There’s Shanghai. Guangzhou. Shenzhen. Probably cities I’ve never even heard of. It’s like regional government branches, but make it fandom. Each city has leaders. And then, above them, there is a separate leader chat. The High Council, if you will. Information flows down. Funds flow up. My group leader is Xiangying. Do I know what Xiangying looks like? No. How old she is? No. What she does for a living? No. Is she 19? Is she 32? Is she a finance executive? A law student? A secret agent? I know nothing. All I know is that she runs this chat like the navy. This is not a hobby group. This is a command center. There are unspoken rules. You feel them before you read them. Rule number one: Jay. Priority. Focus. Oxygen. We do not actively hate the other members. We simply… do not care. Do not discuss them. Do not compare. Absolutely no ships. This is not Wattpad. This is Jay’s bar. Luckily for morale, Jay is a main vocal. He gets lines. He gets screentime. He gets visibility. Which means the groupchat is usually in good spirits. If he had zero lines? I fear we would witness civil unrest. Then. It’s comeback season. Enhypen announces a January comeback. The chat transforms. People lock in like it’s tax season. Now remember: accessing outside sites from China is difficult. But the bar has… people. There is always someone in Korea. Or one of the leaders will physically go to Korea. You send them your Weverse login and they will purchase albums on your behalf. For a steep fee, of course. This is concierge capitalism. The chat has goals. Not vibes. Goals. The main Jay bar leadership sets a target. This comeback? 50,000 albums. Fifty. Thousand. And that’s just for Jay’s c-bar. Each city leader is responsible for hitting their quota through their network. I don’t even know if different member bars coordinate with each other beyond logistics. But I do know this: This is industrial. There’s hierarchy. Of course there is. The more albums you buy, the more valuable you are. Fansign season is where things get intense. And here’s the twist: It’s not just entering through Weverse like a civilian. If you’ve purchased enough albums through the bar, the leaders will use your Weverse account to funnel massive group order purchases under your name. Thousands. Yes. Thousands. Your account becomes the vessel. Your odds skyrocket. You are now a strategic asset. This is no longer luck. This is engineered probability. Ticketing? Oh, that’s another ecosystem. There are c-bars. And there are scalpers. The difference? Branding. Both purchase tickets in bulk. C-bars claim it’s for internal distribution. Scalpers sell to the highest bidder. “But you can’t transfer tickets on NOL.” Yes. You can. It’s complicated. It involves automated systems I will not pretend to understand. Possibly software that exists in moral gray zones. But it is absolutely possible. Nothing is truly impossible when money and obsession combine. Now that we understand how the machine functions… We need to understand the mindset. Because that’s the part people get wrong. From the outside, it looks insane. From the inside? It feels logical. Strategic. Collective. Efficient. You are not “a crazy fan.” You are part of a mission. A data-driven, goal-oriented, performance-based operation. And I am in the groupchat. Silent. Watching. Realizing that I moved two hours from Seoul and accidentally embedded myself inside one of the most organized fandom infrastructures on earth. Chapter 8 Here’s the thing you have to understand: in this world, Jay isn’t a person. I don’t mean “I don’t care about his feelings.” I mean he literally stops being human. You know how in normal life, you think about someone’s mood, their lunch, whether they got enough sleep, whether they’re stressed? C-bar logic doesn’t work that way. Because if you see him as a person, you have limits. You empathize. You hesitate. You slow down. You question. So instead, you convert him into a system. A node. A resource. A scoreboard. A chart. Like a character in a game your playing and real life just happens to be the game. I decide I want to understand this. I want to understand the thinking behind this. Usually in the west, if someone even starts to think anything invasive, you get clocked by your fandom. And rightfully so. But here, it is sport. So I look over the members in this group and there is one person that has english in her status. So I add her. Her name is Xiaofei. I do not know anything else about her, but she speaks English and so I gradually start to get to know her. The reason for this and not my dear YingYing is because, YingYing, though she is in the chat, she isn't active. She mainly stays in there to stay up-to-date on the comings and goings but YingYing is no stalker. Thankfully. After a few days of back and forth fangirling over Jay, normal fangirling: things like his best song, his best look, his best dance etc, I move on to the important stuff. Mind you, I am a Jungwon stan but now, out of the sheer information about Jay I possess, also a Jay stan. So I ask her subtly. Jay himself, the person, probably doesn't appreciate being followed and called on his phone all day. If you love Jay, wouldn't you want him to be happy and healthy? She explains to me that Jay will be happiest when he is most successful. It is the job of the agency to keep him healthy. Wouldn't he be sad if he came to the airport and nobody was there because nobody cares? The idol-as-human is messy. The idol-as-resource is perfectly efficient. C-bar members joke about flights like stock traders talk about futures. Hotel numbers are traded like commodities. Album purchases are analyzed like microeconomic policy. It is obsession turned scientific. The girls know everything. But they are emotionally insulated. They do not stop to think: “Maybe I shouldn’t know this. Maybe it’s invasive.” Because knowing is power, and in this system, power is survival. I realize I am observing something that can’t exist in the normal world. If you treated any other human this way… it would be monstrous. But here, in this context? It’s normalized. Necessary. Rational. Xiaofeisays: “The idol is not a person. He is Jay. That’s all that matters.” And suddenly I see the clarity. The horror. The thrill. Because once you remove the humanity, all boundaries disappear. Nothing is off-limits. Every detail is fair game. Every move is a metric. Every tiny advantage counts. And you begin to understand: this is why they can buy thousands of albums, chase flights, and organize themselves with surgical precision. They aren’t cruel. They’re just… optimized. And I, sitting quietly in the chat, begin to wonder… Am I watching obsessive fandom? Or am I watching human efficiency applied to emotional obsession? And maybe, just maybe, I am starting to understand the pull. Chapter 9 I got kicked out of the group for never speaking. My time is coming to an end soon. BTS is coming back so I will put on my army hat again. Living in China can be a lonely experience. This sentiment is echoed by the few chinese friends (non kpop) i made here. To find community, purpose or meaning is difficult in this huge fast paced place and people find it in all sorts of hobbies. I empathize with these people, but i also feel guilty about doing so. I recognize the damage they cause to the real people behind the idol personas. There's probably even more similar groups for BTS and I don't want to be in them. I am a fan of RM, the artist. I do not know Kim Namjoon, the person. I wish this distinction could be made amongst these people i've come to know. They play a real-life game where the more you do, the more involved you are in these activities, the higher up the food chain you can climb. Something they probably can't achieve in other real world fields. I am leaving. I have exited. I am now limited to reddit update posts and tiktok videos. And for the first time in a while, I do not know what time Jay went home today. submitted by /u/friendlyfire_may to r/kpopthoughts [link] [comments]
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r/kpopthoughts |
friendlyfire_may |
Mar 23, 2026 |
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What do you think of NYC trying to get the minimum wage to $30/hour?
submitted by /u/Dazzling-Leader7476 to r/AskReddit [link] [comments]
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r/AskReddit |
Dazzling-Leader7476 |
Mar 17, 2026 |
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[SUB META] Can mods start enforcing rule 3 please? Sub is basically unusable from mobile since the Mobalytics spam.
I know this post has nothing to do with builds but I ask the mods not to delete it please, as I believe it's important for the health of the sub. Mobalytics started its aggressive marketing campaign (back around the launch of PoE 2), most content creators now post their builds on Mobalytics, and I suppose part of the contract involves never posting the pob link directly and funneling it to their website because they NEVER post anything but mobalytics links. Why is that a problem? That website is straight up unusable from mobile, you cant scroll it properly, elements stack and overlap, a lot of stuff is not visible, tapping on certain elements sends the action to other unrelated elements among other stuff Its a privacy nightmare: https://i.imgur.com/2hWrOJt.png Is extremely bloated with ads (not everyone can/want to use adblockers for many reasons): https://i.imgur.com/xmTxxKW.png Has intrusive ads on mobile (clicking on links and certain elements opens a popup/redirect to another website), this one alone should be enough to ban the whole website from the sub. The talent viewer doesnt even load half of the time and have to hard refresh the web multiple times until they load: https://i.imgur.com/2t84uTX.png As a (mostly) mobile user I implore for rule 3 to be enforced, the quality of the sub has plummeted since posts are mobalytic links (or youtube links that redirect to mobalytic links) instead pobb.in / poe.ninja link. EDIT: some people think this is a maxroll vs mobalytics war: I dont care if everyone keeps posting the mobalytics/youtube/maxroll/poevault whatever it is links as long as there is a pobb.in or poe.ninja planner one in the post. EDIT2: Mod team response here: https://www.reddit.com/r/PathOfExileBuilds/comments/1rm0sw9/comment/o8w9uyu/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button submitted by /u/DrPandemias to r/PathOfExileBuilds [link] [comments]
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r/PathOfExileBuilds |
DrPandemias |
Mar 6, 2026 |
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ICE in Italy - Massive Protests
Ice in Italy: When American Border Politics Hit European Streets I never expected to see protests against U.S. Immigration and Customs Enforcement erupting in Italy, but here we are. As the 2026 Winter Olympics landed in Milan and Cortina, Italian streets filled with demonstrators who weren’t just angry about costs or construction, but about the presence and symbolism of ICE itself. What unfolded felt less like a local protest and more like a global backlash. From Milan outward, crowds gathered waving signs demanding ICE stay out of Italy. For many protesters, ICE represents something far bigger than a security detail attached to an American delegation. It’s a symbol of hard-line immigration enforcement, detention centres, family separations, and a broader erosion of human rights. That reputation travelled across the Atlantic long before any agents did, and Italians were quick to make it clear they didn’t want it imported. The protests blended seamlessly with long-standing opposition to the Olympics. Anger over public money being funnelled into mega-projects instead of housing, health care, and wages mixed with concerns about environmental damage and over-policing. Add foreign law-enforcement into that mix and it became combustible. Marches grew into mass demonstrations, drawing students, labour groups, housing activists, anti-racism organizers, and ordinary residents who felt decisions were being imposed on them without consent. As the Games opened, tensions escalated. What began as loud but largely peaceful protests turned confrontational in parts of Milan, with clashes between police and smaller groups breaking away from the main marches. Tear gas, water cannon, arrests — the images looked eerily familiar to anyone who has watched protest movements unfold elsewhere. The irony wasn’t lost on many demonstrators: an event marketed as international unity instead showcased riot police and civil unrest. What stood out to me most was how openly the issue of sovereignty was raised. Italians weren’t just questioning the Olympics or security protocols; they were questioning why foreign enforcement agencies associated with controversial practices were being normalized on Italian soil. Even reassurances that ICE’s role was limited did little to calm public anger. Optics matter, and in this case, the optics were terrible. Italy has a long tradition of street politics, and these protests fit squarely within it. They weren’t fringe or easily dismissed. They reflected a growing global resistance to aggressive border regimes and the creeping expansion of security states under the cover of international events. Watching ICE become a protest target thousands of kilometres from the U.S. says a lot about how deeply its reputation has travelled. When people chant “ICE out” in Milan, it’s not really about one agency anymore. It’s about rejecting a model of control, exclusion, and top-down decision-making that keeps showing up in different uniforms, in different countries, with the same results. And judging by the crowds in Italy, that rejection is getting louder. GC submitted by /u/Important_Lock_2238 to r/PoliticalNewsTheatre [link] [comments]
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r/PoliticalNewsTheatre |
Important_Lock_2238 |
Feb 8, 2026 |
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Enlightened Equipment: What You Should Know
Before I start this post there’s something I’d like to make clear. I don’t like making this post. I wish I didn’t feel compelled to make this post. And never in my wildest dreams did I ever think a post like this would be necessary in our small corner of outdoor recreation. FYI, this is long. Enlightened Equipment makes ultralight backpacking quilts and clothing. If you’ve spent any time researching ultralight sleep systems or have hiked a long-distance trail, you’re probably already familiar with them. They began as a true cottage company in 2007 and have grown exponentially since. It’s an admirable origin story and I have a lot of respect for U.S. based companies that choose to manufacture domestically. https://imgur.com/a/DPsWYdv Enlightened Equipment launched a sister company called Defense Mechanisms sometime in late 2019 or early 2020. https://imgur.com/a/WiEXXIb Enlightened Equipment owns Defense Mechanisms. They share a physical address in Minnesota and the owner is the public face of both companies. They are the same company. Defense Mechanisms produces and sells tactical gear and equipment marketed towards military, law enforcement, and civilian use. They sell a variety of products like cold weather clothing, ammunition magazine carriers, ballistic body armor, and riot control accessories. Some people might find those items controversial, some might not. Regardless of where someone stands on that issue, tactical equipment is frequently politicized for what it symbolizes and when it’s associated with use. Is this equipment for professional duty use? Is it for preparedness? Could it be used to commit crimes? Is it an ideological expression? There’s a lot to dive into there, but let’s all agree on one thing first, tactical equipment is like backpacking equipment. Fundamentally it all starts as fabric and thread. To even begin to address any of the political associations of tactical equipment we need to talk about branding. Branding is the strategic process of shaping the perception of a target audience to create a distinct, memorable, emotional, and favorable opinion of an item, concept, or ideology. It’s a vocabulary that combines visual images, their symbology, and text to convey the intended interpretation. The success, or maybe more appropriately the growth, of a business often comes down to how successful their branding is. How a business chooses to market and brand their products says a lot about their target audience and the values the company stands for or is portraying. Now’s the appropriate time to for me to make two statements. This post isn’t about gun ownership, and it isn’t about marketing towards law enforcement or military. I think there’re responsible ways for businesses to market towards military, law enforcement, and civilian gun owners. It would be an understatement to describe EE’s branding and marketing as aware. It’s hyperconscious, highly considered, and professionally done with expert attention to detail. For both EE’s backpacking products and DM’s tactical equipment. This is a selection of images that portray how EE brands themselves and markets their backpacking equipment. https://imgur.com/a/F3TNzu3 How they choose to brand their outdoor equipment seems appropriate, standard even. The obvious pattern is of happy people exploring or preparing to explore beautiful places. The branding is inclusive and represents their customers and their values. Good for all these people getting out there, living awesome lives and having amazing adventures. What’s not to like about that. Who wouldn’t value that. It’s good branding with a consistent pattern. This is a selection of images that portrays how EE brands DM’s tactical equipment. https://imgur.com/a/9eGoVuF Ok, there’s a long and worthwhile discussion to be had surrounding if/how/why this type of branding becomes political, but I’m going to put that aside for now. To help us have a better understanding of EE/DM and their respective markets we need to look at some statistics. Since EE is a U.S. based company, I’m using U.S. statistics. Hiker demographics and statistics are hard to come by, so I’m using the best source we have. Halfway Anywhere’s PCT survey. https://www.halfwayanywhere.com/trails/pacific-crest-trail/pct-hiker-survey-2025/ According to the 2025 survey 60.4% of PCT hikers were male, 37.4% female, 1.2% non-binary, 0.5% agender, 0.3% trans man, and 0.3% intersex. Racially, 89.2% were White, 3.5% were Asian, 2.3% were two or more races, 2.1% were Hispanic or Latino, 0.7% were Black or African American, and 0.4% were Native Hawaiian or Pacific Islander. Huh, I wouldn’t have guessed that by EE’s branding. They do a good job representing different types of people. I like that. Outdoor recreation should be inclusive for people of all backgrounds and abilities. No exceptions, ever. Maybe EE’s marketing their quilts to people who feel the same way. Now let's look at how EE brands DM in relation to statistics. I’ll start with the military, then police, and finally civilian gun ownership. According to Pew Research Center https://www.pewresearch.org/short-reads/2019/09/10/the-changing-profile-of-the-u-s-military/?utm in 2017 women represented 16% of the overall active-duty military force. Racially, 57% were White, 16% were Black, 16% were Hispanic, 4% were Asian, and 6% identified as other. Since demographics across police departments will very so much depending on location I’m focusing on federal law enforcement officers for clarity. According to the U.S. Department of Justice Bureau of Justice Statistics https://bjs.ojp.gov/document/fleo20st.pdf?utm in 2020 15% of officers were women. Racially, 61% of all officers were White, 21% were Hispanic, 10% were Black, 3% were Asian, 2% identified as being two or more races, 1% were American Indian, and less than 1% were Native Hawaiian or Pacific Islander. For civilian gun ownership, Pew Research Center https://www.pewresearch.org/short-reads/2024/07/24/key-facts-about-americans-and-guns/ states 40% of men and 25% percent of women in the U.S. own a firearm. And the racial percentage of gun ownership is 38% of White Americans, 24% of Black/African Americans, 20% of Hispanic Americans, and 10% of Asian Americans own firearms. Huh, I wouldn’t have guessed that by EE’s branding of DM’s products. It gave me a very different impression. Maybe it’s a mistake. In all seriousness, if you’re still questioning whether or not branding signals modern politics, identity, and values…. it does. Dog Whistles. A dog whistle is a way of communicating two meanings at the same time. It’s designed to sound normal and unremarkable to most people, while simultaneously carrying a clear and charged political message to those who share similar beliefs. They always convey a bias, and frequently display prejudice or discriminatory messages while still being plausibly deniable (plausible deniability is key), and range from subtle “traditional values” statements to an entire lexicon of emojis, memes, fonts, and joke culture to articulate the most extreme forms of hate. It’s code, a way to signal. Context and patterns are extremely important in identifying dog whistles, especially patterns. So, is this a dog whistle? https://imgur.com/a/8LROUZ9 It contains a quote from the second President of the U.S.A. about freedom and liberty. Sounds great, everybody likes freedom and liberty. The photo is run of the mill tactical stuff. About what I’d expect from a tactical company. Contextually, it makes a statement that a target audience will immediately understand and outsiders likely won’t. It displays a bias; there’s nothing discriminatory about it, but it’s political and signals a stance on a divisive issue. https://www.heritage.org/the-essential-second-amendment/the-well-regulated-militia & https://www.law.georgetown.edu/icap/wp-content/uploads/sites/32/2021/07/McCord-Dispelling-the-Myth-of-the-Second-Amendment.pdf What differentiates edgy “patriotic” branding from ideological belief that armed militias are the legitimate check on government power? Is this a dog whistle? https://imgur.com/a/S8qDbcs I mean, sometimes police need to knock down doors, firefighters too. It’s their job to protect and serve their communities. Would the context change if it was posted as branding and marketing the day after the Department of Homeland Security announced Operation Metro Surge in the businesses home state? https://en.wikipedia.org/wiki/Operation_Metro_Surge What if these images were posted shortly after? https://imgur.com/a/jPEpQDM What about this, is this a dog whistle? https://imgur.com/a/OLw6dpQ I’m not going to even analyze this one. It’s just yes. Still have questions…ok. https://imgur.com/a/eNVSSOO The boogaloo boys are a far-right anti-government accelerationist group. They’re known for their outfits pairing tactical equipment with Hawaiian shirts and acts of real-world violence. https://en.wikipedia.org/wiki/Boogaloo_movement & https://www.economist.com/1843/2020/07/31/how-white-nationalists-hijacked-the-hawaiian-shirt Still wondering if all this isn’t just joke culture, just edgy branding…. well, 2/2 people responding to the post got the “joke”. Content & Trigger Warning: hate speech NSFW https://imgur.com/a/dfs9t2e I’m not going to list or define all the hate speech and dog whistles there, but they’re documented and readily identifiable. You can look them up if you want to feel worse about the world we live in. (you don’t have to, they’re extremely gross). https://lawandcrime.com/oath-keepers-jan-6-trial/sic-semper-tyrannis-oath-keepers-leader-recited-slogan-of-lincolns-assassin-appeared-to-direct-members-involved-in-jan-6-breach/ One of the most disturbing aspects of dog whistles is not who misses them, but who understands. Four full business days before writing this I sent an email directly to the highest level of management at EE letting them know they’d been tagged and that a post up on their Instagram contained a blatant far-right / alt-right / white nationalist dog whistle. I feel like four hours is an acceptable amount of time to investigate this, remove the post, and block the account. 24-72 hours if I was feeling especially charitable (at this point I’m not). The post is still up. https://imgur.com/a/ZS1HebM Rhodesia is a far-right / alt-right / white nationalist dog whistle that’s shorthand for white ethnostate. https://medium.com/war-is-boring/why-white-supremacists-identify-with-rhodesia-480b37f3131f This post acts as a funnel. Follow the whistles, and if you understand the lexicon, it leads to extremist movementS in shockingly few clicks. It’s a spiderweb of various forms of hate and full-blown domestic terrorist shit. I’ll let you surmise why someone thought DM was an appropriate place for #rhodesia. And I’ll let you surmise why it wasn’t taken down. I’m not going to platform any of that here, but I have documented it. If you want to fact-check me, knock yourself out. It's not pretty. To see if this type of branding and media interaction is typical among technical equipment manufacturers, I thought a reference group was necessary. I looked at four other small to medium size business that produce and sell similar equipment. 4/4 responsible branding. 4/4 not tagged by extremist militia funnels. https://www.instagram.com/bushidotactical/tagged/ & https://www.instagram.com/lynxdefense/ & https://www.instagram.com/wildecustomgear/ & https://www.instagram.com/highspeedgear/ If you’ve made it this far and still think there’s no way EE is genuinely aware of any of this, they are. https://imgur.com/a/QHJeXVk and it's messed up. There is no place for any kind of xenophobia, extremist nationalism, or hate in outdoor communities. None. Zero. Anybody representing law enforcement and the military in these ways should be ashamed of themselves. It’s disgraceful. If after all this you still feel like EE deserves your money, well, it’s a free country. For now at least. They don’t deserve a single dollar of mine. Before I wrap this up I want to make something tangential understood. None of this is a reflection on the people that EE employs. I’ve spoken with a number of people who work there in the course of looking into this and have had very positive interactions. I’m sure, like all work environments, there’re a range of opinions and beliefs. This is a reflection on ownership and ownership alone. That’s it. Like I said at the beginning. I don’t like making this post. I wish I didn’t feel compelled to make this post. But you need to know. submitted by /u/RekeMarie to r/Ultralight [link] [comments]
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r/Ultralight |
RekeMarie |
Feb 6, 2026 |
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New Update: AITA for telling my housemate she can't give me unsolicited advice?
I am still NOT the Original Poster. That is still EmpressoftheBakkhai. She posted in r/AmItheAsshole and commented an update on the first BORU. Previous BORU here. New Update marked with *****. Thanks to OOP herself who commented on the BORU and let me know about the update! Mood Spoiler: good ending Original Post: January 12, 2025 I (27F) have a strange living situation. I live with a family (Chris, 65M, Danielle, 59F, and their daughter) and do household chores in exchange for rent. I've lived here for 19 months; it's mostly smooth sailing. I work full-time and am applying to law school. Danielle has some issues with boundaries (she doesn't understand why she can’t enter my room w/o permission, for example), and I know it's both due to age differences and the fact that they allow me to live in their house for free. I have to be very careful when enforcing boundaries. Yesterday, I made dinner for everyone after a full day of chores. Around 10 pm, as I was finishing the dishes, Danielle told me I needed to steam clean the carpet in the living room because the cats had peed all over it. I did, and as I was putting the steam cleaner away, Danielle entered and said she wanted me to do another room. Because it was 10:30 at this point and I still wanted to work on an application before bed, I politely but firmly said, "I'm not going to do that." I probably should have said, "I'll do it tomorrow," but I was exhausted, so I just said no. I put the machine away, submitted my application, and went to bed. Tonight, as I was finishing up my meal prep for the week, Danielle cornered me in the kitchen. "I don't want to fight about this," she said, "But I wanted to mention something. Last night when you told me you weren't going to clean the other room, I found it rude. You should be careful when you say things like that at work so that you don't get fired." I was floored. I snapped, "Danielle, you haven't had a job since before I was born. You don't get to give me advice about how to act in the workplace." Danielle rolled her eyes and huffed, "See, I didn't want to fight about this," and walked out of the room. I called after her, "Then maybe don't bring it up?!?" Danielle hasn't spoken to me since, and I don't know what's coming. For context, Danielle has only had one job in her whole life, from age 22 to age 25. After that, she quit to raise kids. I grew up very poor. I have been working since I was 14 and supporting myself since I turned 18. They offered to start our arrangement in 2023 because they needed help around the house and I was struggling financially. As for Danielle's work advice, I currently work as a Regional Manager at a small firm. Not only is her advice outdated, but I can't take it. I'm a people manager; a lot of my day-to-day job involves being polite but unyielding. I think she was frustrated by my setting a boundary and that's why she brought it up. I know part of my frustration is that I feel powerless to protest most of the time. I will be moving out in August of this year when I go to law school (hopefully!), and my goal is just to make it until then. I'm also really frustrated that Danielle felt like she could say whatever she wanted and then walk away as if I had no right to feel anything. AITA for what I said? Some of OOP's Comments: Commenter: INFO: Do you have a rental agreement IN WRITING? Work exchange needs to be clearly defined, including but not limited to: hours, availability, no contact places/times, tasks, etc. Someone who’s demanding you steam clean 2 rooms at 10:30pm is highly suspect. ‘Chores’ is too often seen as ‘women’s work’, aka UNDERVALUED & UNPAID Invisible Labour. However, Invisible Labour done by women is incredibly expensive both in cost & time, aka you may well be doing more than would cover the cost of your rent. Also, I’m inferring from your post that you’re most likely downplaying their ‘requests’. OOP: There is no agreement in writing. I have tried to bring this up on previous occasions because of Danielle's difficulty with boundaries and the sheer amount of work that I do, but it is not taken well. Danielle and Chris are very insistent that I am NOT their tenant and that they are NOT my landlords; I am their "guest." Danielle is also very insistent that she does not want to be called my boss or supervisor in any capacity. To answer other comments here as well, my current position does not pay enough for me to live on my own. I realize that the situation is probably predatory, but because there are only eight months left of this, I plan to just stick it out. It has saved me a lot of money, and I'm thankful for that. Top Commenter: YTA. Not for saying no, but for how you said it. You were not polite. Also, Danielle is not your housemate, she and her husband are your landlords/bosses. You may not be paying rent, but you are paying by being live in help. So, when you told Danielle "I won't be doing that", instead of I'll do it tomorrow. You were rude......to your boss. Also, her advice wasn't outdated, if your spoke to your supervisor at your job that way, there would definitely be a follow up conversation about your choice of words. OOP: (downvoted): Danielle and Chris are very insistent that I am not their employee or tenant and that they are not my bosses or landlords; I am their "guest," and they are doing this "out of the goodness of their hearts." Commenter (downvoted): Definitely NTA and good for you. May I ask how you came to live with this family though? Are they related? Why are you bothering with all this weird ass shit and her bossing you around? OOP: They're actually my best friend's parents. He suggested the arrangement because he knew I needed help; when I moved in I was a teacher and struggling to afford a studio apartment. Since I moved in, I changed careers and decided I wanted to pursue law school. I took the LSAT three times last year on top of all this. I can count on one hand the number of times I've refused a request - I've bleached the showers after midnight, rose at 5am to make requested meals before work, and other things like that without protesting. I see this as an opportunity to make my life better in the long-term while surviving short-term. I just wanted to say no this time because, truthfully, I physically couldn't handle fulfilling the request. Danielle was insistent it had to be done immediately because they wanted to go to bed at 11pm but I just couldn't do it. OOP is voted YTA Mini Update in Comments January 13, 2025 (Next Day) I was voted the asshole, which I understand. What I do adds up to about $2000 per month if you go by the standard of $20/hr, or about 100 hours/month. Most of those hours are concentrated on weekends and 2-3 evenings per week (I make enough food that there are leftovers so I can have a couple of nights off). Included in those hours is a lot of care for their adult daughter who lives with us and is disabled. If I babysit the house pets while the housemates go on vacation, which happens a lot, I charge a $20/day stipend. We have two dogs, three cats, a gecko, and some fish. One of the cats is mine; this is why I cleaned the carpet without protest, because it’s just as likely the piss was his as any of the other cats. I’ve said no to requests three times in 19 months, and each time has been met with pushback like this. All three were due to the time of night they were asked. A lot have called this a form of modern-day slavery, and I see where you’re coming from. I’ve been fine with the situation remaining largely undefined because even when I protest at chores, I haven’t been threatened with “eviction.” I entered into this situation at a time when I was overwhelmed and desperate. It might be predatory, but it was the best opportunity I had. I could have protected myself better going in. As to why I stay in it, it’s because there’s an end date in sight and it will set me up well to keep funneling money into savings for the next few months. If I were “evicted,” it would suck but I would be fine. It’s not ideal but it works. I recognize that I should have worded my response better than I did at the time. However, I do want to push back on the idea that I have to do everything they say because they own the house. If a boss demands overtime from me that’s not previously agreed on, I am allowed to say no, and I have done it many times without affecting my employment whatsoever. In fact, my current boss, who I’ve done this with the most (often using the same wording as here), wrote me an excellent letter of recommendation for law school. Times have changed since the 1980’s, and saying no to bad demands is becoming more and more acceptable. What she meant when she said, "You should be careful when you say things like that at work," was that I shouldn't be assertive at all in a situation where I am a subordinate, which I very much think is outdated advice. I was not invalidating the difficult work of raising a family that Danielle did. I would not dream of offering someone else parenting advice because I haven’t been in their shoes. Hypothetically, if the last time I had raised a child was 30 years ago, I also wouldn’t give advice on raising a kid in the iPad generation. Danielle should not be doing the same to me about work. She is not my professional boss. She has never worked in my field. She knows that she is not my landlady either; if she were, there would be a whole lot of rules she would need to respect that she doesn’t want to (such as entering my room without notice). Again, because I am getting some benefit from the situation, I don’t and won’t threaten legal action here, because I have enough documentation to protect myself. In addition, Chris, Danielle, and I all have personal stakes involved in this going well – we have a ton of mutual friends, one of whom is their son and my best friend. Danielle and Chris have some chronic illnesses that make housework hard for them, so they are also getting a lot out of this situation. I plan to apologize and smooth things over. I will follow much of the advice mentioned here about protecting myself better moving forward. Perhaps naively, I hope this will end well. Danielle and I actually get along very well most of the time; we don't hate each other by any means, and we both ultimately want to see the other happy. That's why this has worked for so long. To everyone who says that this situation proves I don’t have what it takes to be a lawyer, don’t worry—you will probably never be my client. Update (Same Post): January 14, 2025 (2 days from OG post) UPDATE: First, as an aside, a lot of the comments here missed the point. Danielle was not angry with me for refusing to do an additional chore at 10:30pm; that was not the issue. Even by the most generous of understandings, demanding additional overtime work at the end of a 14-hour shift is unreasonable, and she knew that. During our follow-up discussion, she added a detail I had totally forgotten about – the second room in question has a large potted Fiddle-Leaf Fig tree in it, and in order to steam clean the additional room, the tree needs to be moved. Neither she or I were able to move it after multiple attempts, so at that point I said, “Until Chris and I can figure out a way to move this, the steam cleaning will have to wait. I know you want it done tonight, but I will not be doing that.” Very important context that I missed adding when I was angry. The issue in question was the exchange the next day. As to how I responded the second day when she came to confront me on my wording, for that, I understand now that I was absolutely the asshole. As one of my close friends put it to me, “Those are inside thoughts.” My context about her work history was also unnecessary and irrelevant. Last night, I approached Danielle and opened the conversation with a profuse apology. No qualifiers, no protests, just that I was rude during our kitchen conversation and I needed to apologize. She in turn immediately apologized for her incredibly poor introduction to the follow-up conversation and for cornering me in the kitchen while I was otherwise occupied instead of meeting with me at a more neutral time. Chris then joined us and we had an extensive conversation. During the conversation, I asked them to define how they view our arrangement. They were immediately very clear that they don’t see me as a tenant, employee, or servant. I pointed out that if that is how they want to view things, then I need to be free to say no extra requests. They were receptive to this. I also pointed out that in our state, I could either be considered a tenant or a live-in domestic worker, but due to the length of time I’ve resided here and the conditions in place, I am definitely not considered just a guest. They did get offended that I see our relationship as fundamentally a transaction, which I found kind of funny, because while they have the freedom to frame it in their minds as “we’re helping this person out and she’s helping us out,” it’s wise for me to see it differently. I do have obligations to them and my life has substantially larger implications should this not work out. In the end, they agreed that because they aren’t landlords and I am not their employee (in their minds), I should be receiving more freedom than I have been given. Chris and Danielle have chronic illnesses that make most of the work I do very difficult for them, including a lot of the care I provide for their adult daughter who lives with us. We then outlined (again) exactly what my responsibilities are and what they’re not. Finally, to my surprise, they apologized for previous invasions of privacy and agreed that we would put a lock on my room door. It is an interior lock only so I can’t lock it while I’m gone, but I am fine with the progress. I was never threatened with eviction or anything like that; people can be emotionally mature enough to talk through issues instead of immediately pulling a metaphorical trigger, which is what happened here. After the conversation, I typed out a long email detailing the terms of my living here as it currently stands and had them send a confirmation in reply. While it is not officially a lease, it is something in writing outlining responsibilities that was agreed to by all parties. We agreed that my monthly hours would be reduced to 80 instead of the roughly 100 I have been doing. If the value of that is calculated according to the federal minimum wage, that’s a value of $580 every four weeks, which is more than most rooms-for-rent are in our area. Of course, the labor I do is somewhat skilled and has a market value of at least double, but I used the federal minimum wage for the sake of argument. I also established that the latest I would be available for housework is 9:30pm, barring some form of emergency, and if a task absolutely requires going past that time, I will be taking that time back on a different day. I know that I will laugh at this in Contracts class in the future, but for now, I’m fine with what it is. Like I said in a comment, it’s not ideal but it works. I’m not in a position where I desperately need this anymore, but I’m going to stay here until August because being able to funnel what otherwise would be paid in rent into savings is doing wonders to set me up for the future. To everyone that commented something along the lines of “You have to do everything she says” or “You’re the help” or “You’re entitled,” I encourage you to think about that perspective more. Employees, household help, and any people in a subordinate position are still very much an individual and deserving of basic respect to their space, their time, and their person. No laws, no matter how extensive, take those basic rights away. Also, if you said it was my “fault” for being in the situation in the first place, kick rocks. We are all working through our own situations where we pick the best option available even if it isn’t perfect. That’s not weakness or stupidity, that’s life. New Update *****Update Post: January 21, 2026 (1 year later)****\* I moved out of Chris and Danielle's house six months ago. We didn't have any more conflicts nearly as big as the one described in the original post. I was frustrated and under a lot of pressure at the time, so I was definitely unnecessarily verbose in the first post; my bad! Reddit was one of my only outlets and I got a little preachy. Sorry about that! I'm glad I apologized. It's a nuanced situation and I don't think my perspective was "wrong," but like...it doesn't matter and I'm glad I kept the peace. Things ended on good terms. I moved out as planned in August. Danielle actually co-signed my current apartment lease as a final act of kindness! I do have to laugh at my past self for entering into that weird living situation. Now that I've taken a Contracts class, I would never do that again, or at least not without putting terms in writing first. I don't fault myself, though; poverty is a tough place to be and I was desperate. I met Danielle for lunch last week, and we caught up on life. They haven't really changed their entitled attitudes, but that's none of my business, so, I just smile and wave and move on. Their son is still my bestie for all time! submitted by
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r/BestofRedditorUpdates |
LucyAriaRose |
Jan 28, 2026 |
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Conservatives are responsible for nearly every problem the United States has.
From our failing healthcare system to the fentanyl crisis, nearly every problem we have in this country is directly caused by conservative policies. That's why they have to distract their party members with scary stories about trans people and Mexicans. Let's list off the problems in this country that conservatives are directly responsible for: The mass shooting epidemic. Conservatives claim to hate killing babies but they have no problem with school children being mowed down with high powered weapons regularly. Who knew flooding the streets with guns would cause more people to use guns? (Everyone except conservatives apparently.) Every illegal gun in this country came from the our legal gun market. (For the record, I am not for banning guns, just sensible regulation. Prohibition never works.) Our lack of Universal healthcare and being the only modern country without it. Conservatives have fought tooth and nail to prevent Americans from receiving proper healthcare. Income inequality. Conservatives worship billionaires, and give them unlimited power. The never ending war machine. Conservatives have started every war we've been in during my lifetime. Iraq, Iraq 2, and our country's longest war, Afghanistan, etc. Public education. Republicans have drastically cut funding to our public schools and funneled that money away to churches. They've also drastically cut funding to educators' salaries. They know that an educated electorate would never vote for them. Racism, sexism, and discrimination. I mean, you guys are Nazis so that just goes without saying. The National Debt. Trump added more to the national debt than any other President in history. That's not including all of the pointless wars you guys put on the credit card. A huge portion of our debt is from your war machine. The role of money in politics. Conservatives are responsible for the Citizens United ruling that allowed corporations to spend endless amounts of money in politics. Every Republican Justice voted in favor of it, and every Democrat Justice voted against it. Cost of living. Those tariffs are killing us. The fentanyl crisis wouldn't exist is if it weren't for the conservatives' war on drugs. When they banned all of the doctors from prescribing safer, weaker pain medications, people were forced into the black market. The drug war in general. That's conservative policy in action. I will never understand why you guys didn't learn your lesson during prohibition, but here we are. Illegal immigration. The Republican lead war on drugs has decimated Latin America. Those people wouldn't be fleeing their countries if Republicans hadn't destroyed them. Let's also not forget that 75%+ of the guns in Mexico are from the U.S. legal market. Republicans make sure that cartels have unlimited funding from the drug war as well. Corporate greed. The majority of CEOs are Republican because they know Republicans are easier to bribe and less likely to hold them accountable for crimes. Republicans have basically destroyed any sort of regulatory framework that might shield us from corporations bleeding us dry. Sending our jobs overseas. Again, the majority of CEOs are Republican. They are the ones who shipped our jobs overseas to make extra profit for their shareholders. The homeless crisis. Another consequence of corporate greed. They allowed corporations to buy up all the homes and jack the rent up so high no one can afford it. Then they end any sort of programs to help people buy homes. Republicans have allowed those corporations to run a train on this country. The deaths of millions. Scientists estimate that we lost over 1 million more Americans due to Trump's health policies during covid that would not have died if Trump hadn't botched his covid response. Every Republican has that blood on their hands. That doesn't include the fact that Republican firearm policies are the number 1 cause of death for children in this country either. The list goes on and on. If conservatives didn't create the problem, they are certainly making it worse. That's why they shill so hard on the culture war stuff. Their supporters aren't smart enough to figure out that its not transpeople raising their rent every year. It's not Mexicans that prevent them from having affordable Universal healthcare. Nope, all of those issues are caused by the Republican Party. They are traitors to this country, and that's all they will ever be. submitted by /u/Dear_Palpitation4838 to r/complaints [link] [comments]
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r/complaints |
Dear_Palpitation4838 |
Nov 28, 2025 |
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From 321K to 10M — Since my last post, I got so many questions asking for more details. This post is an attempt to answer all the “how’s”.
Background and market context Let me be clear: since the Great Recession in 2009, the world has experienced the longest bull market in history. Had I been an investor at any other point in time, it is extremely unlikely that my portfolio would have an annual average growth of 17% over 24 years. Yes, my portfolio did get hurt during the dot-com crash, the Great Recession, the Pandemic, and had several drawbacks during multiple corrections and market pullbacks. Still, we have to acknowledge that the bull market we have experienced over the past 16 years has produced remarkable results for many investors. I do believe this bull market may continue for some years to come. There are several reasons for that one being that never in history has so much NEW money flowed into markets worldwide every year. I’m convinced will last for quite a while, both due to the wealth being created in the developed world and due to the growing middle class in multiple developing countries - but that’s another story for another post. I didn’t have a financial background and only studied another three years after secondary school. Rather than spending too much time on Game Boy, TikTok, and Netflix, I have spent thousands of hours reading about investing, researching companies, participating in online investment forums, and watching CNBC and Bloomberg TV. Unless a person has the passion and the time on their hands to do something similar, I personally believe that it’s much better to invest your hard-earned money in ETFs or index funds rather than individual stocks. I know several investors whose objective is simply to work hard and feed their ETFs with cash every month and they are doing really well performance-wise. Since 2001 I tried multiple investment strategies over the years. I failed miserably at day trading, and I still feel I have a lot to learn when it comes to momentum investing, so before getting into what works really well for me, I will spend a few words on what didn’t. What didn’t work for me (and why) Day trading: After a few years of day trading, starting in 2001 I threw in the towel and gave it up for good. Even after thousands of hours, I couldn’t outperform S&P 500 or Nasdaq ETFs anyway. I’m not really bothered by that and I have a much less stressful life since I left it behind. Momentum Investing: I missed almost all of the MAG7 except AAPL. I did own AMZN, MSFT, and NVDA early on, but I exited long before they really took off. The rest I never entered. In short: I held too early and sold before the big run. Momentum clearly works for some investors, but it’s not my edge. I’m still studying it, just not relying on it. The 4 strategies that DO work for me Below are the four strategies that work really well for me. I will describe them briefly in the order I implemented them into my overall strategy over the years. The game changer for me was in 2014 when I combined them altogether to work as a team. Buy & Hold: After quitting day trading, I went to the opposite camp: buy and hold forever. It wasn’t easy to adjust. Many times I watched nice unrealised gains fade, only to see the same stock climb back months or quarters later. I kept telling myself, “I should have reduced my position in XYZ long ago - t was clearly overvalued for months.” It was inevitable: buy and hold evolved into buy, hold, and swing. Swing Trading and “The Bench”: Over the years I built a portfolio across sectors and countries. Macro and other factors, including company-specific news, often made some holdings look undervalued and others overvalued. I began treating my holdings like a football team. Not all players can be on the field at the same time. Some need a rest (overvalued), some aren’t the right fit for the current opponent (interest-rate regime, oil prices, inflation, etc.). So I introduced “The Bench.” In my trading platform I keep a watchlist called “The Bench” - stocks that are part of my foundation but are benched for now. They come back on the field when another player is benched and the funds rotate. Often this happens gradually: I trim stock ABC and use the cash to add shares of stock XYZ. Yes, sometimes a trimmed stock runs away. But I trimmed to funnel into a player I considered better value, and over the years this discipline has paid off. Deep Value investing: Deep value has been a major driver almost from the day I quit day trading. Two situations have been extremely profitable for me: DCA into companies whose prices tumbled due to noisy negative press or loud shorts that scared investors, when I believe the issues are temporary. One of the more amusing events was the “Target bathroom controversy.” I bought TGT at $49.67 on June 16, 2017. Only four years later it had soared 447% to $268. I have a long list of other companies I invested in when they got “slaughtered” in the news, resulting in the stock tumbling temporarily. DCA into the market as a whole during broad sell-offs-dot-com fallout, the Great Recession, the Pandemic, and the many medium and minor corrections in between (for example, the tariff scare in April 2025).During those events I sometimes even used margin. I was always very careful and have never been close to maxing it out. “Cash Cows”: Since 2014, the performance of my portfolio has evolved to a whole new level, as a direct result of launching my mREIT/BDC/CEF “Cash Cow Portfolio”. In earlier downturns my last few DCA buys often ended up on margin, and it was very motivating to see how incoming dividends from value names helped reduce the negative balance. That experience inspired me to launch my Cash Cow Portfolio. The objective of this portfolio was to include only high-yield positions that pay me cash rather than focusing on price appreciation or buybacks. The purpose was to: Inject a steady stream of cash into my account so I always have dry powder when a stock - or the market is on sale. Make any margin use more comfortable, because dividends steadily reduce the negative balance. Having this tool gave me the confidence not only to reinvest saved dividends, but also to lean in with several months of forward dividends. During the pandemic I accumulated in multiple companies on margin equivalent to 24 months of forward dividends. The share price of 11 companies I bought during that time grew to 2x-10x within 1-4 years. The 4-strategy combo and how the cash flows and trims work The foundation of my total portfolio is long-term buy-and-hold in my Value and Growth buckets. The Cash Cows accumulate cash until funds can be funnelled into stocks selling at a discount for whatever reason. The Cash Cows also help finance purchases during corrections. When prices recover and a name looks overvalued to me, I trim. The cash then sits on my brokerage account earning interest (about 3.8% as of Oct 2025) until I redeploy it into the same stock at a lower level or into one of the players waiting on the bench. If the funds are invested in companies whose share price has tumbled due to circumstances that I consider temporary, it will live in my Deep Value portfolio until it qualifies to be upgraded and move into either my Value or Growth portfolio. EXAMPLE: SIG (Signet Jewelers) (Screenshot enclosed) A simple example of the full circle. I bought aggressively during March 2020 between roughly $6.4 and $14.4 after SIG had been on a five-year decline from its $151 highs. As the recovery matured, I trimmed gradually in 2022-2023 between the mid-60s and around $103. When conditions changed again, I reloaded in late 2024 at $93 and added more in February 2025 around $57. SIG is now at $96 and 3k shares now live in my Value portfolio. I’ve had plenty of similar swing-trade stories.Also here I have a long list of stocks with similar swing trade scenarios. The most extreme was VWS (Vestas Wind Systems) that I was able to swing trade more than a hundred times for nearly for 10 years until I finally ran out of shares Anyway - That’s the loop: buy fear with Cash Cow funding, trim strength and deploy elsewhere, let cash build while waiting, and repeat. My 5 portfolios Growth: mainly tech and other long-term compounders where I accept more volatility. Value: solid businesses, usually paying dividends or buying back shares, at fair prices. Deep Value: beaten-up companies where I’m confident the situation is temporary. Cash Cows: REITs, BDCs, and CEFs that throw off cash to fund the rest. Las Vegas: capped at 5%, higher-risk ideas. All 5 portfolios are held in the same brokerage account. I use a spreadsheet to map each company to its portfolio and track the key metrics I use for analysis and rebalancing. (Screenshot enclosed). My dividend income has grown a lot over the years, and as time went by I’ve gradually shifted a larger share of my portfolio into dividend-paying stocks. (Screenshot enclosed) Normally, my growth portfolio makes up around 15-20% of my total portfolio, not the 11.9% shown in the screenshot. Recently, I trimmed several of my growth positions - especially PLTR - and haven’t yet reinvested those funds. An Afterthought: I know the name of this sub is “The Road to 10M”, but if you’re still working toward your first 1M - or even your first 100K - then don’t stare at 10M. Instead, imagine this sub was called “The Race to 1M” and read my post as “From 32.1K to 1M.” Your first goal isn’t to make millions - it’s to avoid losing money by staying away from high-risk plays such as hyped penny stocks, meme stocks/cryptos etc. Then focus on reaching your first 100K-200K. That’s the hardest part. Once you’ve learned how to get there, 1M becomes realistic. When you reach 1M, you already have the tools to get to 5M. After 5M, 10M is a lot closer than it looks. It’s not exactly the same, but doubling is doubling! Going from 1M to 2M takes the same mindset as going from 10K to 20K. End of PART 3. In case you did not read Part 1 and 2, then you can find them below. Each part can be read on its own without missing context. PART 2: https://www.reddit.com/r/TheRaceTo10Million/comments/1nsvtwi/yes_i_did_get_to_10m_through_regular_stock/ PART 1: https://www.reddit.com/user/CAGR_17pct_For_25Yrs/comments/1gu4mbs/my_portfolio_from_disaster_to_3000_growth_heres/ EDIT: I get a lot of questions about size of my dividends, example of swing trades, portfolio allocation, and similar topics. If you swipe through the four attached screenshots, you’ll find answers to many of those questions. submitted by /u/CAGR_17pct_For_25Yrs to r/TheRaceTo10Million [link] [comments]
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r/TheRaceTo10Million |
CAGR_17pct_For_25Yrs |
Oct 5, 2025 |
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[Hollinger] Voiding Kawhi Leonard’s contract would be the “most problematic” penalty for the NBA. Opposing teams are likely hoping for a contract voiding while retaining the cap hit, but that “to me, is an unlikely endgame.”
Source: https://www.nytimes.com/athletic/6629202/2025/09/16/kawhi-leonard-nba-clippers-endorsement-contract/?source=user_shared_article Which takes us to the biggest, ugliest, most confounding part of this: The possibility of voiding Leonard’s contract. This is the most direct penalty available given the violation, but unfortunately, it’s also the most problematic for the rest of the league. This problem arises from two sides. First, is the league actually penalizing the Clippers by voiding the contract, or is it doing them a favor? Leonard is due to make $50 million next year and, while still an elite player when healthy, has constantly missed time with injuries. (You’ve no doubt already heard the jokes about Aspiration being his second no-show job). Without Leonard’s money on the books, the Clippers will have max cap space in the summer of 2026 and could either completely pivot to a new roster or even, perhaps, try to poach LeBron James from the rival Lakers. That brings up the second aspect of voiding the contract: Could they leave the $50 million on the Clippers’ 2027 cap and still void the contract? Amazingly, for a document of this size, the exact mechanics of how this works aren’t clearly spelled out, and the definitions in Article I of the CBA don’t include “void contract” as an entry. Opposing teams are surely rooting for this penalty, but to me that seems an unlikely endgame — it’s basically double jeopardy, giving the Clippers the cap hit without the player. A more interesting question, perhaps, is whether the commissioner could put the money Leonard received from Aspiration onto the Clippers’ 2026-27 cap, as this had never been charged to their books in any previous season. That would eliminate the double-jeopardy concern above and still deprive L.A. of a cap-space bonanza; it would also partly satisfy complaints from other owners that the Clips should pay luxury tax for the Aspiration money that Leonard received in previous years. Finally, we get to the most vexing part of voiding the contract, and why I ultimately think it’s a big problem for the league: The mayhem that would ensue in the free-agent market. So, can you imagine if Kawhi Leonard were suddenly an unrestricted free agent halfway through the season, one who is forbidden from re-signing with the Clippers? What if he decides he just likes being in L.A. and signs with the Lakers for the minimum? What does that do for competitive balance? For that matter, what if he signs anywhere for a meager salary — won’t that be hugely distorting to the playoff chase? I presume 28 other owners would be absolutely howling if Leonard joined a contender while making a small exception, but there’s no good way for Silver to ensure any kind of market-rational outcome for a midseason free agent of this caliber. The only end run I could see around this would be to suspend Leonard for the season, which seems both unduly harsh and a precursor to a nasty fight with the players’ union. In some ways it’s much easier, from the league side, if it can drag the whole process out until the spring and then void the contract once the regular season has ended, setting up an orderly process for Leonard to find his next team in the summer. Failing that, it might be easier for the league to keep Leonard’s contract on the Clippers’ books and instead hammer them with a cap charge for the extra money Aspiration funneled his way, or come up with other novel punishments. In a vacuum, I’m sure the league would likely prefer to establish the precedent of voiding the contract. In reality, it could prove so problematic to execute fairly with a player of this caliber in the middle of a season that the league decides they’re better off not bothering. — Also from the article: The penalties for circumvention are delineated in Article XIII, and one or two of them could be problematic for reasons I’ll get into in a minute. But here’s the menu Silver is working from: Fine the Clippers up to $7.5 million Fine Leonard up to $350,000 Forfeit Clippers draft picks Suspend Ballmer or other Clipper personnel up to a year and fine them up to $1 million each Void Leonard’s contract and prohibit him from re-signing with the Clippers Require Leonard to return the money he received from Aspiration submitted by /u/YujiDomainExpansion to r/nba [link] [comments]
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r/nba |
YujiDomainExpansion |
Sep 16, 2025 |
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[Charania]: Clippers statement: Neither the Clippers nor Steve Ballmer circumvented the salary cap. The notion that Steve invested in Aspiration in order to funnel money to Kawhi Leonard is absurd. Steve invested because Aspiration's co- founders presented themselves as committed to doing right
Charania has posted the following: Clippers statement: Neither the Clippers nor Steve Ballmer circumvented the salary cap. The notion that Steve invested in Aspiration in order to funnel money to Kawhi Leonard is absurd. Steve invested because Aspiration's co- founders presented themselves as committed to doing right by their customers while protecting the environment. After a long campaign of market manipulation, which defrauded not only Steve but numerous other investors and sports teams, Aspiration filed for bankruptcy. Its co-founder, Joseph Sanberg, recently pleaded guilty to a $243 million fraud. Neither Steve nor the Clippers had knowledge of any improper activity by Aspiration or its co-founder until after the government initiated its investigation. Aspiration was a team sponsor for the 2021-2022 and 2022- 2023 seasons before defaulting on its contract. There is nothing unusual or untoward about team sponsors doing endorsement deals with players on the same team. Neither Steve nor the Clippers organization had any oversight of Kawhi's independent endorsement agreement with Aspiration. To say otherwise is flat-out wrong. The Clippers take NBA compliance extremely seriously, fully respect the league's rules, and welcome its investigation related to Aspiration. The Clippers will also continue to cooperate with law enforcement in its investigation into Aspiration's blatantly fraudulent activity. Source: https://bsky.app/profile/shamsbot.bsky.social/post/3lxxugaj6i62i Screenshot of the statement: https://imgur.com/a/zca8MsG submitted by /u/TrenAt14 to r/nba [link] [comments]
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r/nba |
TrenAt14 |
Sep 4, 2025 |
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DLC or Challenge Idea: Kowloon Walled City
50000 Zomboids. Or, do 32x respawn. Unique items and weapons. Spawn in the middle floor of a building, in a clear room with furnished items. High tendency to rain, lower temps year round. prone to illness is an unremovable trait. No outdoorsman trait available. Electricity is permanent, but rolling blackouts. New music, new climbing zombie type. submitted by /u/Hyphalex to r/projectzomboid [link] [comments]
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r/projectzomboid |
Hyphalex |
Aug 30, 2025 |
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reddit is invading india harder than the redcoats
TL;DR - Reddit switched on machine translation for India on 28 Apr 2025, thereby exposing the world’s second-largest internet market to r/WallStreetBets. The chart above shows how Google is now funneling record numbers of new traffic (and thus new users) to Reddit. India is a huge country. It doubles U.S. user counts on both YouTube and Facebook. Yet India is less than one-third the size of US users on Reddit. The upside here is thus enormous. If you overlay India’s early search-traffic curve on the launch-to-date growth for France, Spain, Colombia, Mexico, and Brazil, India is clearly sprinting past every precedent. The model I created on May 13 assumed France-style adoption rates (the yellow projection line). The latest Semrush data shows India blowing through that benchmark (the white dotted projection line). Add in the bullish Anthropic lawsuit, the now-GA dynamic product ads feature, and Reddit Answers traction, their current ~20% sh*rt int*r*st is starting to feel a tad mis-priced. submitted by /u/JohnnyTheBoneless to r/wallstreetbets [link] [comments]
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r/wallstreetbets |
JohnnyTheBoneless |
Jun 25, 2025 |
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Opendoor is the next Carvana
Placing a $155k bet on Opendoor, down 98%. Good luck to me. Account 1: https://preview.redd.it/r5v1mlodyo0f1.png?width=1706&format=png&auto=webp&s=d394da9e1b376526ca981408f2d1a18d39d20ba1 Account 2: https://preview.redd.it/km20mj7fyo0f1.png?width=1702&format=png&auto=webp&s=a1867507137f8ac942dc23d0817e1447efc376df I know 99% of you idiots won’t read this, but for the rest: Stock dropped 98% but is far from bankrupt. It just refinanced its debt and has $1.1B capital, $693M cash, enough to weather the housing market for two years or more. Company has been downsizing and focusing on unit efficiency the past two years, following the Carvana restructuring playbook. Made a billion dollars flipping houses in 2021, but is struggling in a frozen housing market. When Jerome Powell fixes the housing market Opendoor will start making money again. Has financing and staff to scale revenue by 3x, it's just waiting on the housing market Opendoor has been learning important things about how real estate works, like: Real estate agents exist for a reason Home prices go up in the summer Now that Opendoor knows how real estate works, it will make more money Opendoor is down in April because the hedge funds shorted it to kick Opendoor out of the Russell 2000. When the ETFs tracking Russell sell their shares on June 27 and the shorts cover, Opendoor will probably go back up to $2. Click here for Opendoor’s financials in Google sheets. Change in business plan: Opendoor is a corporate home-buyer. They used to be in the business of buying homes at above market value, sitting on them a few months, then flipping them at a profit. This was a great business model in 2021, but not so good in 2022 when home prices stopped rising. Opendoor bought 35k homes that year, and ended up selling them for a billion dollar loss. Since then, Opendoor has pivoted strategies, and now buys homes for about 10% less than they’re worth, then sells them at a profit. It’s actually a fair deal for customers: instead of paying 5% in agent fees and having to negotiate with buyers for months, they can pay 10% and skip the home selling process. One problem though, is customers tend to overvalue their homes, so they tend to think Opendoor is overcharging them. A normal customer interaction goes like this: Customer has a $500k house, and thinks it’s worth $600k Customer goes to Opendoor.com and gets a quote for $450k Customer thinks, “hahahahahaha I knew these guys were crooks, they want $150k to sell my house, I’m selling with a realtor instead” Realtor agrees Opendoor is a bunch of crooks, because realtor competes with Opendoor It's been a truly terrible marketing funnel. Opendoor only converts 1% of its prospective customers at a cost of $14k per house. The new business plan is this: Customer goes to Opendoor Opendoor says, would you like to talk to a local real estate agent? Customer thinks, "yes of course I don't trust you crooks" Agent tries to convince the customer that Opendoor's offer isn't bad If the customer sells, Opendoor wins. Otherwise, the agent sells the house, Opendoor collects a commission and still wins. It's a much, much better business plan. Nobody wants to sell their house without talking to a real estate agent first, because they don't trust corporations. Now that Opendoor has figured that out, expect revenue to go up and marketing cost per house to go down. Opendoor no longer lighting as much money on fire Look at this chart: https://preview.redd.it/f870nejv0p0f1.png?width=640&format=png&auto=webp&s=7ad9dc55bb34e1e364ac77fd85df1a0416af2723 Do you see where it says, profit per house, -$65k? That was the Zirp era. Home prices started going down, and the CEO decided he was going to buy even more of them at above market prices to capture the market. Thankfully, after lighting a billion dollars on fire, he and everyone else responsible got sacked. They also laid off a ton of employees, cut marketing expenses, cut waste, etc: https://preview.redd.it/z7p2prls0p0f1.png?width=1434&format=png&auto=webp&s=04c6f5211988fe715b00d5c4fa391fb2efdd6e67 Now you might notice they're still losing money per every house they buy. Part of that is because they spend $14k on marketing per house they buy, which they'll hopefully fix by working with real estate agents instead of advertising straight to consumers. We'll get into the other reasons. Opendoor learns prices go up in the Summer Housing has an annual cycle. Prices go up in the Summer, and down in the Winter: https://preview.redd.it/f824gu1tyo0f1.png?width=1994&format=png&auto=webp&s=6b90a8cbd312c38e374aaf42eb8f4c4d355c5ab6 Traditionally, Opendoor has been buying most of its homes in the Summer, because more people come to them to sell, so, why not: https://preview.redd.it/63soyzu0zo0f1.png?width=966&format=png&auto=webp&s=dac7fe4b5184f2baedb195d701de3b9f66008d23 Anyways, buying in the Summer is dumb because prices go down in the Fall. Not only that, but they take longer to sell which means more holding costs. Thankfully Opendoor finally figured that out this year, and promised to cut it out and buy more houses in the Winter and Spring instead. Expect more profit. Housing Market to improve, probably Back in 2020-2022, the housing market looked like this: https://preview.redd.it/me4gb8kpzo0f1.png?width=1536&format=png&auto=webp&s=a5091617ca516a8b4971af09502f87b767a0f849 And Opendoor made over a billion dollars in home-flipping profit, although important things like marketing, interest, and director salaries managed to eat up most of that: https://preview.redd.it/c9nuqftuzo0f1.png?width=1600&format=png&auto=webp&s=f2fde5b351930e96c054192e5133932ac6feb232 Then interest rates did this: https://preview.redd.it/uxmvhl9yzo0f1.png?width=1600&format=png&auto=webp&s=b73632fed215ad8d78c53c879446244b68bd456e And nobody could buy a home anymore: https://preview.redd.it/7hvy9r610p0f1.png?width=1472&format=png&auto=webp&s=a267029f52539e541af25bf4098d037ae6c84341 Home prices have been dropping: https://preview.redd.it/hsm06i540p0f1.png?width=1600&format=png&auto=webp&s=5931c24ce3109d4ce9189094b014e2a68038921a Which means Opendoor is paying millions in interest to keep $2B in homes on the balance sheet that are depreciating: https://preview.redd.it/jy54y2p60p0f1.png?width=714&format=png&auto=webp&s=39a36afec855753ace87e778f110b0d090c983ca And the homes now take months to sell. Long holding times require maintenance and interest, which now eat half of profits: https://preview.redd.it/wmn0sedc0p0f1.png?width=1120&format=png&auto=webp&s=56f664218157888a2d9e3d2a1af9407a27ad2e78 Fortunately, Trump says he's going to bully Jerome Powell into making 2-3 rate cuts this year so the US can refinance its debt, and that will hopefully maybe unfreeze the housing market. This will be huge for Opendoor. All the tailwinds we've discussed will start going in reverse: more acquisitions, home price appreciation, shorting holding times and lower interest costs. In short, more money. Opendoor to actually make money in Q2 Q2’s estimates is for Ebitda profitability of $5-$20M, the first time Opendoor will make a quarterly profit in three years. 2025's housing market is even worse than previous years, so this means the business itself is becoming more profitable. Losses are still expected for Q3 and Q4, but they're expected to be smaller than previous years. Path to Profitability Opendoor lost $392M last year. Here’s how we get to adjusted net income positive: $80M: Opendoor laid off 300 workers in Q4, which saves $20M a quarter. $75M: My spreadsheet says Opendoor loses $12k per house they buy in Summer and Fall. They said they're going to stop doing this so that's $75M. $55M: They spend $4k per house more on interest and holding costs than they did in 2021. That's gonna be fixed because the housing market will improve and they'll stop buying homes in the Summer. $80M: Opendoor is starting to send customers that don't take their offers to real estate agents, which pay a referral fee. 1% referral fee * 2% of 1.2M customers * $330k average house price = $80M $130M: Housing appreciation. Opendoor has $2.2B in houses that have been depreciating at 1% a year. Should housing return to a historically normal 5% rate of appreciation, that’s $130M in profit. That’s already $420M in savings, enough to be profitable. Revenue should also grow higher as the housing market unfreezes, and marketing spend should be more effective as they learn to partner with real estate agents. Debt Refinanced, cash to scale through next two years On May 9 Opendoor announced it had exchanged $245M in existing convertible bonds due in March for new convertible bonds due in 2030 at 7% rate, convertible at $1.57. Opendoor also issued $75M in new bonds, raising $75 in new capital. $135M in bonds is still due in 2026, but this will be easily payable with cash on hand. Following the equity raise and bond refinance, Opendoor has $1.1 billion in capital of which 768M is cash (693M from Q1 report plus $75M equity they just raised). On the Q4 and Q1 transcripts management stated they had refinanced 90% of their credit lines through 2026. Management has reassured us that they still have available cash and personnel to return to a much larger scale of operations. In the Q1 report they stated that only $350M of their cash is invested in homes, and they have $559M (probably $634M now) available to deploy towards home purchases. They are also only using $2B of their existing $8B credit line. From these numbers it seems they have the financing to purchase 3x more homes than they currently are. Management has guided that they are capable of purchasing many more homes, but they are choosing to purchase less while the housing market is slow and margins are low. I expect them to deploy this capital and scale in Q4, assuming mortgage rates start to fall. Growing Short Interest This isn’t the first time the bears have shorted Opendoor, only to buy back their shorts at a loss when it turns out Opendoor isn’t dead after all: https://preview.redd.it/xdvpvau91p0f1.png?width=1384&format=png&auto=webp&s=8b4e06e4325bf2b7efee5e90b28c4f3d0ea0bacc The setup today is the same as it was in Dec 2022: the housing market is weak and everyone assumes Opendoor is dead, but it actually has years ahead of it and many tailwinds coming. Chart from last month: https://preview.redd.it/maq7tv7c1p0f1.png?width=1600&format=png&auto=webp&s=94560ccb30622d867dc6d39550747fdf46d7461b From Nasdaq short interest we can see a net short position of 20M was added in the month of April: https://preview.redd.it/sn7bk9mf1p0f1.png?width=1600&format=png&auto=webp&s=398ffff8aefed808010665a8ba234eb4211436a1 The price jump on April 7 was due to a good quarterly report, where the company projected it would be Ebitda positive in Q2 for the first time in three years. Two days later it fell on the news of the debt refinancing. Presumably the terms of the debt refinancing scared some investors: 7% bonds convertible at $1.57, is expensive, and issuing them now when the stock price is so low might seem to some as desperate. On the other hand, this eliminates $245M in bond payments for next year and raised $75M in new capital. I view it as a positive development, as it extends Opendoor's runway and frees them to scale up purchases this winter. Without this debt raise, they wouldn't be able to fully deploy their capital in Q4 and Q1, since their cash would be invested in homes due to sell in Q2, and $400M was due in March. Hedge Fund Russell 2000 arbitrage? Look at this chart again: https://preview.redd.it/0id2wu3j1p0f1.png?width=1600&format=png&auto=webp&s=c71de966368d3226cbb52398985c028d128fce8b Note on April 23 Opendoor briefly rose above $1, then got shorted very hard in a coordinated action. There was a negative housing report that came out a few days earlier, but no news specific to April 23 and 24. Russel climbed 3.5% during this period and other real estate stocks climbed, but Opendoor fell 30% for seemingly no reason. One theory is this was an arbitrage move by hedge funds to kick Opendoor out of the Russell 2000. Ranking day was April 29, so any stock below $1 on April 29 will be removed on June 27. About 20M shares are held by iShares Russel 2000 ETFs: https://preview.redd.it/orb64bxl1p0f1.png?width=640&format=png&auto=webp&s=bf9b3acb1fb0f4b565590f03e77894d0cd2daf3e 20M net shorts were added in April, and 20M shares will be sold near the end of day on June 27 by iShares ETFs when the Russell 2000 is adjusted. Probably the shorts will cover on that day to make a nice profit. As a long-term investor, this is reason to believe Opendoor's current price is disconnected from its recent performance, since all the recent news coming out of the business has been positive. Given the stock's history in the last several years of wild swings, I wouldn't be surprised if it shot back up to the $2-$3 range after the shorts cover in June. Conclusion Opendoor is a stupid company that made over a billion dollars of home-flipping profit in 2021 when the housing market was good. Then their CEO lit a billion dollars on fire buying overpriced houses. He was fired and replaced with a responsible CFO. They've been learning important lessons: realtors exist for a reason, and house prices go up in the Summer. Now that they know these things they can make money. When Jerome Powell fixes the housing market they'll make even more money, and the stock will pull a Carvana and go up 100x. Also, Opendoor just refinanced its debt so its very much not dead, they have over a billion dollars still, enough for at least two years, more if they fix their business as planned, or if the Fed fixes it for them. Also, last month's price action was probably just the hedge funds shorting Opendoor to kick it out of Russell 2000 and abuse the poor etfs that will have to sell at a low price. I'm hoping the stock triples after the shorts close, probably on June 27. submitted by /u/gregw134 to r/wallstreetbets [link] [comments]
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r/wallstreetbets |
gregw134 |
May 14, 2025 |
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The harm of the tariffs is not the market performance; it's the brazen conspiracy to overthrow America being realized.
I don't know if this breaks the rules, but I'm willing to risk it. People are utterly clueless about what just happened. I'll give Donnie credit, he really knows how to jingle the shiny pair of keys in front of everyone. While impenetrable losers like Jim Cramer and well-meaning policy wonks of the world debate the efficacy of tariffs, they're missing the entire plot. This is the heart of the coup. This is why they were willing to risk stealing the election. Willing to send people to jail and gamble on pardons. Willing to use violence. Willing to lie at every turn, with no lie being too outlandish. Willing to risk assassinations. Willing to collaborate with enemy nations. Willing to risk literal treason. This is for all the marbles. Trump is repealing the 16th amendment without congressional authority. He has vocalized his desire to end the income tax and abolish the IRS. Abolition requires congress, defunding does not. He has crippled the IRS and will start delivering the final blows soon to make revenue collection a big issue. You think the stock market won't start to realize the gravity of what is happening? Congress controls the IRS. Trump is using executive power to defang them and make their votes worthless. Voting for programs that can't be funded is a worthless vote. He is using the Customs & Border Protection to act as a quasi IRS which he can direct the purse of, establishing full control of United States tax collection directly under the president. Congress does not have authority over duties collected, they are cut out. Whether he establishes the hilariously misleading "external revenue service" or not doesn't matter. DHS secretary Kristi Noem is his financial henchwoman overseeing Customs & Border Protection. Feeling confident in America's future yet? Think you're in good hands? Ending the federal income tax is the packaging, the product is replacing it with the tariff itself. This is how he is going to try and rebalance power to himself by presenting himself as the hero who is bailing you out of excessive taxation. It is 100% a scam, you're not being bailed out, you're just paying a different piper, and one who has no intention of giving it back. Elon-gate (lol) is just Trump pouring acid into the gears of democracy. Why is Elon willing to destroy his companies over this? Because he will have direct access to the entire federal tax system through Trump, with no pesky congress to get in the way. He's already gotten access to the federal payment systems. Is the smoke starting to clear? Do you see what this is about now? Do you see why Russell Vought's Project 2025 is a tome on absolutely obliterating separation of power? Project 2025 will be remembered in history books next to the Communist Manifesto and Machiavelli's "The Prince". Can't congress stop this? That's if they even recognize what is happening. They can vote to overturn executive orders, but they need two-thirds vote. How many conservative cowards can you name who will betray the dictator and his mob at his most powerful? Not happening. Sorry. Now go watch CNBC explain that the market is "pricing all of this in." Go watch CNN say "tariff bad, will hurt consumer". Go watch Fox state-run media deepthroat the executive and claim that America was liberated on "liberation day". Even calling it "liberation day" should make the hair on the back of your neck stand up if you realize they have this all figured out. It doesn't even matter if Putin had a hand in this, he is just one of many moving pieces that happened to find a way to mutually benefit from assisting in the operation. I don't care 1 shit how bad you think Hillary Clinton or Kamala Harris was, they're incapable of this level of malice. I truly believe that. EDIT: Thank you all for all the discussion. I wanted to add something very important that everyone needs to understand right now in order to put the puzzle together. The tariffs don't make sense unless you understand them as a gun aimed directly at Americans. This is why acquisition of Canada and Greenland is not just some "security" concern, it's just more people who would be funneling money into Trump's slush fund. If you look at it that way, it's just pure self enrichment. The fallout abroad doesn't matter. Trump never made money with a successful business, he made money lying to people who believed in him and gutting them. That's always been his strategy. People think he's stupid because he can't run a company. Not many stupid people get rich going bankrupt. People need to rethink what they know about Donald Trump and stop assuming he's a failure. He's a very, very skilled predator with a special kind of hunting style. He hunts his own. The people who hate Trump are actually collateral damage, both liberals and other countries. Trump is mostly interested in grooming his cult for mass culling. He rugpulled a crypto 3 days before becoming president. Who do you think those people were? He knew they were his supporters, he wanted to bloodlet them. People don't understand something so profound... Trump wasn't a bad businessman. He was the original crypto scam kingpin. https://docs.house.gov/meetings/JU/JU00/20200929/111078/HMKP-116-JU00-20200929-SD003.pdf Trump has never had to declare personal bankruptcy, but the company he set up to operate his Atlantic City casinos went through numerous corporate restructurings to reduce its debt load. As the New York Times recounted last year, Trump used his company as a means of transferring his personal debt load onto shareholders, issuing rounds of junk bonds to build up cash that would erase his own debts. “Even as his companies did poorly, Mr. Trump did well,” the Times wrote. “He put up little of his own money, shifted personal debts to the casinos and collected millions of dollars in salary, bonuses and other payments. The burden of his failures fell on investors and others who had bet on his business acumen.” “I didn’t realize he was as stupid as he is,” says a former casino worker at Trump Plaza. (My editorializing: Trump has been fooling people into thinking he's stupid for decades. This is how he goes in for the kill. Perception is king: A charming simpleton can't possibly be evil or meticulously cunning.) Starting in 1996, workers at Trump’s casinos were allowed to invest their 401(k) savings directly into Trump stock. (It was the only individual stock offered; the other options were mutual funds.) But that same year, THCR sold $1.1 billion in junk bonds to offset some of Trump’s personal debt and buy two more ill-fated casino properties in Atlantic City. As the company floundered in the years leading up to its second bankruptcy in 2004, the stock price plummeted. According to the class-action complaint, ..... For an employee who’d put $1,000 into her retirement account in 1996, those savings had now withered to just $59. ..... Trump himself fared well through the bankruptcy. He kept a $2 million annual salary after the company emerged from bankruptcy and took in more than $44 million in compensation over the course of the 14 years he served as chairman of THCR. “I don’t think it’s a failure,” he said of the bankruptcy in 2004. “It’s a success.” That last sentence is still the ethos of your president. Tariffs are a success if you lose everything and he gets rich. You don't need Vladmir Putin to explain a creature like this man, he has been naturally drawn towards cannibalizing everything around him his entire life. Knowing this, listen very carefully to the speech he gave. Can you think of somebody who fits this description? "For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike," "American steelworkers, autoworkers, farmers and skilled craftsmen, we have a lot of them here with us today, they really suffered gravely. They watched in anguish as foreign leaders have stolen our jobs. Foreign cheaters have ransacked our factories, and foreign scavengers have torn apart our once beautiful American dream. " Just understanding his nature, I'm going to make an outrageously bold prediction: Donald Trump is going to find a way to finish off Elon Musk and usurp his assets, and we might even see an erratic change in tone towards Putin after the Ukraine conflict reaches its end. There are no friends for Trump, only targets. submitted by /u/rate_shop to r/WallStreetbetsELITE [link] [comments]
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r/WallStreetbetsELITE |
rate_shop |
Apr 3, 2025 |
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Today, Trump lost hundreds of millions in stock value he’s been funnelling to his campaign, blaming VP Kamala Harris for magically controlling the market
submitted by /u/walks_with_penis_out to r/AdviceAnimals [link] [comments]
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r/AdviceAnimals |
walks_with_penis_out |
Aug 6, 2024 |
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Analysis on Why Hedge Funds Didn't Reposition Last Thursday, Why They Didn't Cover on Friday, and Why They Want You to Think They Did. (GME)
Fellow Apes, I have seen a lot of discussion on the possibility of hedge funds covering and whether or not they could have covered during the RH shutdown. I have done some analysis and would like to shares my results. This is not investment advice and should not be construed as such. I know you guys can't read, but I highly recommend learning how to read and reading this.🚀🚀🚀 Part 1: What Happened on the 28th? As we all know, last Thursday on the 28th RH and other brokerages disabled the purchase of GME shares at a critical moment that very well may have been the beginning of the squeeze. This is a significant day because it broke momentum, and many users seem to believe that the hedge funds planned this moment to strategically cover their short positions. Here is a graph of the 28th with some of my analysis Here is a tweet from Ihor (S3) stating the short interest data as of the 28th Per S3, Short Interest was 62.9M as of the 27th and 57.8M as of the 28th. The net SI is (57.8M)-(62.9M)= -5.08M. This means the net short position reduced by 5.08M shares, however, many users claim that hedge funds may have used this opportunity to shift their short position higher so that they could minimize losses by covering on the way back down. Well lets say that's what happened, and lets assume it was carried out flawlessly. We will also assume this happened in a vacuum, i.e. retail did not contribute to any volume, so that we can get a liberal estimate. To establish a short position at a higher price, hedge funds would be borrowing to short sell shares for the first 30 minutes as the price quickly rose to $482.85. If the entire volume during this period of time was hedge fund short selling, than they would have opened 15.8M more short positions. ~10M in volume happened in the first 10 minutes, so at best they would have 10M more shares sold short between $275 and $350, and the remaining 5.8M positions would be opened between $350 and $480. This means that if shorts added to their position at this time, the best they could have done is add ~15.8M short positions at an average ~$300. This is assuming no covering was done during this period of time, which is highly unlikely considering the price went up. Now, during the freefall following RH trade restrictions, there was only 10.4M in volume. If hedge funds used this moment to cover old positions at a reduced price, they would have only been able to cover 10.4M positions, and 5.7M of those positions would have been covered at a cost greater than $300, only 4.7M could have been between $300 and $112. This is a minuscule amount of covering despite the ideal period of time, and it doesn't even account for that fact that covering would drive the price up, not down. Lastly, after the nosedive there was a bounce of ~9.2M in volume. If we were to assume hedge funds were again able to add more short positions here to transition into a better average, they would only be able to add 9.2M at an average of ~$250. Once again, however, adding positions would have drove the price down, not up. So even in the most ideal situation using RH's restrictions and ignoring market mechanics, shorts would have only been able to add 25M ideal short positions at an average of ~$280, while covering only 10.4M at exorbitant costs. This likely didn't happen, for several reasons. First, S3 reports that short interest decreased by 5M on the 28th. Now of course there is plenty of volume to cover after the first half of trading, however, they would be at non-ideal prices. Second, this theory is impossible because when shorts cover en mass, the price would increase not decrease, and when shorts sell en mass, the price would decrease not increase. Third, this is assuming that 0 volume was from retail investors trading between eachother, also highly unlikely given the hype at the time. Fourth, in order to sell something short you need to borrow a share, and we know that, at that time, GME was hard to borrow. What is more likely is the inverse of the above, which would mean shorts covered 15.8M shares at an average cost of $300, then short sold 10.4M shares at an average of $250, before further covering 9.2M at an average of $250. Despite ideal circumstances, that is not an ideal result for hedge funds. That means hedge funds are not kicking back and counting stacks after swapping their positions to $480 sell points, that would be impossible. Part 2: What About Last Friday? Now this was an important day, GME fought hard and closed at above $320. What makes this day confusing, however, are the claims that short interest drastically decreased. Here is a chart of the 29th with my analysis Here is a tweet from S3 claiming short positions decreased by 30M shares by the end of Friday Now I won't get into detail about the other factors that call this claim into question, you can look into those on your own. What I want to go over is how could it be remotely possible? S3 claims 31M shares were covered on the 29th, however the share price had a net decreasing trend. There were only 2 notable upward rallys, and combined they only account for 24M shares. If hedge funds covered the whole 24M in volume it would still be 6M shares off and thats not even accounting for retail investors trading between themselves. Where did the other 6M shares go? I find it hard to believe they could cover 6M shares with no significant upward momentum while retail investors were buying shares in a frenzy on friday. Also note that Short Volume was 17.6M on Friday So on Friday there was 50M in volume. 17.6M of that volume was due to shares sold short, so SI would be (57.8 SI as of the 28th)+(17.6M shares sold short) = 75.4M. In order for short interest to have decreased to around 27M as S3 said, it would have required the covering of (75.4M)-(27M) = 48.4M shares. How do you cover 48.4M shares when there is only 50M volume and 17.6M of that volume was used to ADD SHORT POSITIONS? There simply was not enough volume to cover a net 31M shares. At most, 32.4M shares TOTAL could have been covered if EVERY single purchase of GME was by a hedge fund with a short position, which would make SI (75.4M)-(32.4M) = 43M. It is highly unlikely that not a single retail investor, insider or institution purchased GME shares on Friday, so the actual SI is likely much higher. Furthermore I want to draw attention to other times shares were covered and their effect on the price, and you tell me if hedge funds could cover 31M NET shares last Friday. S3 claims that from Jan 12th to Jan 14th, the SI went from ~69M to ~62M, a decrease of 7M shares. On the 12th GME was worth $20 and by the 14th we saw a high of $43, an >100% increase. They then claim that from the 14th to the 25th, there was a slight steady increase in SI as the share price crawled towards $50. From the 25th to the 27th there was literally exponential growth in the share price despite no change in SI. But then, all of a sudden, on the 28th there is a net decrease of 5M short positions and a significant reduction in price, and on the 29th there is a net decrease of 31M shares along with a steady decline in price. How could that be remotely accurate? There was 50M in volume on the 29th, how could the purchase of >31M shares by a single entity, not even accounting for retail, result in a net decrease in share price? Part 3: How Could They Do It? Read this post, and the sources within it, in detail Shorts can use deceptive options trades to trick you and other short interest analyzers into believing they have covered when they have not There were $43M worth of mid March 800c purchases, you do the math. Why was their a silver rush pulled out of thin air on monday? Why is the media still aggressively spreading FUD? Why are there bots everywhere in WSB? Shorts haven't covered, they can't cover and they wont. They also did not shift themselves into an advantageous short position last Thursday, there was only 19M in short volume total and minimal volume during ideal circumstances. They want you to think they covered, they also want you to think they have a better short position. They want you to think this is over because there may not be enough shares for them to cover even if they wanted to. If there were they would have repositioned on Thursday. Brokerages restricting buying for retail investors was likely due to the fact that shorts couldn't find the shares to cover, nor could they find enough shares to reposition. They really need your shares and want to funnel them away from retail. TLDR: Seriously, read this whole thing. I know you won't, but do it. Hedge funds did not transition to better short positions during the RH fiasco last Thursday, it would have been impossible to do so in meaningful amounts. They also did not cover 31M shares last Friday, it would have been impossible based on volume alone. They want you to think they did, they need you to, but they did not. Disclaimer: I am not a financial advisor, nor am I licensed or in any way qualified to dictate or advise your trading decisions. This is not financial advice. This analysis is not meant to influence, inspire, or inform you regarding your trades. This analysis was written purely as speculation and could be entirely incorrect. I found my own analysis interesting and wanted to share my unprofessional opinion. Furthermore, while these numbers are accurate as per their sources, they may not account for other factors that relate to the stock’s activity. I own shares of GME. Monke Storng Together🦍, Memestonk to the Moon🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 Edit: Fintel has since altered short volume data submitted by /u/RubinoffButtChug69 to r/wallstreetbets [link] [comments]
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r/wallstreetbets |
RubinoffButtChug69 |
Feb 5, 2021 |
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Budweiser will sit out Super Bowl, funneling marketing dollars to boost vaccine awareness
submitted by /u/jussscruz to r/Coronavirus [link] [comments]
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r/Coronavirus |
jussscruz |
Jan 26, 2021 |
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Budweiser will sit out Super Bowl, funneling marketing dollars to boost vaccine awareness
submitted by /u/Sariel007 to r/UpliftingNews [link] [comments]
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r/UpliftingNews |
Sariel007 |
Jan 25, 2021 |