I predict that the S&P 500 will be well under 5,000 by September 30th

Markets are always rigged. Where do people think 'bid/ask' disparities come from? Look up 'Market makers', dufuses.

Gamestop was just another pump and dump operation.
 
Markets are always rigged. Where do people think 'bid/ask' disparities come from? Look up 'Market makers', dufuses.

Gamestop was just another pump and dump operation.
market makers also trading though and suspending stocks when their personal trades go south is insider trading though.

markets can be made honestly and without bias, demonic corruptocrat fool.

or do you want the world to just reject you demons outright?

quit lying, fuckstick.
 
Markets are always rigged. Where do people think 'bid/ask' disparities come from? Look up 'Market makers', dufuses.

Gamestop was just another pump and dump operation.
not a pump and dump at all.

completely wrong and a lie.

its about institutional corruption at a deep level.
 
Being for sale = having a price. If there is no price, it's not for sale. If it's not for sale, there is no price.
The value of an asset must be marked for many reasons, such as when it is used as collateral for a loan, for tax purposes, or just to see if what valuation benchmarks are being hit. So if you are getting a mortgage on a house, the bank needs to mark is value, even though no sale is happening.

What you are describing would be mark to limit. I have a limit order set on my puts of $186, even though the current market price is $2.57. The limit order is the price I would be willing to sell the asset, without knowing anything else. So if I sleep through a huge rise in prices, at $186, I do not believe they will go that much higher that I would be able to delay selling them with the possibility of losing out. I could just as easily set the price at a trillion dollars each. If we used mark to limit, then I would able to claim to be the richest man on earth.

Or put another way, imagine you have a house that as a realistic value of $100k. You live there, so would not sell at $100k, but would demand a premium to move out of a house you love. Then you start thinking, and say you will sell the house for a billion dollars. If the bank used mark to limit, they would loan you $500 million on that house that now has a value of a billion dollars.
 
mark to model.

GameStop.
GameStop is a publicly traded stock. It used mark to market, which meant that the market set the price. It never stopped trading on the exchanges, so aside from nights, weekends, and holidays, it always had a market price.

men in suits just deciding what everything is worth according to their own inside positions.
The people who shorted GameStop lost billions because they could not set the price of GameStop.
 
trump is guilty of mark to model?
Real estate is pretty much always mark to model. Real estate is not fungible, especially not the real estate trump uses as collateral. It is an illiquid market, the same piece of real estate is not constantly being bought and sold. Even when a piece of real estate is being bought and sold, it is impossible to know if it is a good deal or not without mark to model.

What trump is guilty of is lying in the inputs into the model. he lied about the size of his NYC condo, tripling its size to increase its value. he lied about whether he could sell mar-a-lardo for condos, again increasing its value.

trump had o use mark to model, but he did not have to lie about the inputs into the model. That was a crime.
 
The value of an asset must be marked for many reasons, such as when it is used as collateral for a loan, for tax purposes, or just to see if what valuation benchmarks are being hit. So if you are getting a mortgage on a house, the bank needs to mark is value, even though no sale is happening.
A sale IS happening. The sale of the loan.
What you are describing would be mark to limit. I have a limit order set on my puts of $186, even though the current market price is $2.57. The limit order is the price I would be willing to sell the asset, without knowing anything else. So if I sleep through a huge rise in prices, at $186, I do not believe they will go that much higher that I would be able to delay selling them with the possibility of losing out. I could just as easily set the price at a trillion dollars each. If we used mark to limit, then I would able to claim to be the richest man on earth.

Or put another way, imagine you have a house that as a realistic value of $100k. You live there, so would not sell at $100k, but would demand a premium to move out of a house you love. Then you start thinking, and say you will sell the house for a billion dollars. If the bank used mark to limit, they would loan you $500 million on that house that now has a value of a billion dollars.
Don't try to look smart, Wally. Attempted proof and definition by contrivance.
 
I predict that the S&P 500 will be well under 5,000 by September 30th, and I put my money where my mouth is. I have bought a bunch of SPY puts centering around a strike price of $500, all expiring on September 30th. If the S&P goes down to around 4,000, I will make quite a bit of money.

If the S&P 500 stays above 5,000, then you can laugh at me 🙃
It's at 6,094 as of 12:00 06/25/25

Your prediction don't look too good.
 
market makers also trading though and suspending stocks when their personal trades go south is insider trading though.
First off, it was the opposite of insider trading. They did not have insider information, nor any knowledge that the public did not have about the value of the stock. In fact, because of the ignorance, they had less information than the general public had, which is why they took the wrong side in the trade.

For the most part the "smart money", like Plotkin, were not market makers. They took only one side of the trade, unlike a market maker who would be willing to take both sides. Calling them market makers is false, and more importantly misleading.

Trading of the stock was never suspended on the exchanges. Robinhood suspended buying long positions on GameStop, but you could easily use Schwab, TD Ameritrade, or a thousand other brokerages to trade on the exchange.

The best you could claim was that it was market manipulation. It is a bit of a stretch, but you could claim that "smart money" refusing to pay Robinhood to sell long positions manipulated the market.
 
Dear Ms. Edwina, Walt has been using the same account for 5 years. You, OTOH, are the Sock Puppet master, sweetcheeks.

As for the economy, Trump is single-handedly fucking it up while the MAGAt Congress sits on their thumbs.
....TRUMP.....fucking the economy up......
boy-meets-world-laughing.gif


Another dumbest post of the day candidate. :laugh:
 
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