By encouraging everyday investors, also known as retail investors, to buy up GME stock and increase its price, hedge funds would have to sell out in order to cut their losses from having shorted the stock, which increases the stock price even further. “Hedge funds are getting their asses kicked by the retail investor,” Lindzon…
“Testing is important and extracting people who test positive is important, but people rely too heavily on testing. They’re lulled into a false sense of security by thinking that everyone on set is tested so they are safe, when the testing is only a snapshot. It’s just a moment in time,” the Warner Bros. employee…
“Testing is important and extracting people who test positive is important, but people rely too heavily on testing. They’re lulled into a false sense of security by thinking that everyone on set is tested so they are safe, when the testing is only a snapshot. It’s just a moment in time,” the Warner Bros. employee…
Two of the major hedge funds targeted by investors on Reddit pushing up the stock price of GameStop have waved expensive flags of defeat and sold out of their investments, losing millions of dollars. On Wednesday, the stock price of GameStop (GME), the mall retailer for video games, soared 134%, a staggering increase of 748%…
In his first week in office, President Joe Biden has reimposed a host of COVID-19 travel restrictions, while also repealing Donald Trump’s discriminatory Muslim ban. The actions mean the US will now start allowing visitors from predominantly Muslim and African countries who were previously restricted from entering the US under Trump. At the same time,…
We are a small nonprofit and that has presented a number of issues. We have a small budget. Because the PPP loan goes through normal lending circles, there is a bias in favor of more established, higher-income businesses or nonprofits because banks see that as a better loaning partner. The smaller you are, the more…
Since late 2016, the Chinese government has imposed a campaign that has included mass detention, digital surveillance, indoctrination, and forced labor on a population of about 13 million Muslim minorities in the far west region of Xinjiang, including ethnic Uighurs, Kazakhs, and others. Non-Chinese people visiting Xinjiang are often heavily monitored or escorted by police…
It’s an incredibly satisfying roast of a hyper-specific thing that you may have never noticed, but once you do, you’ll see everywhere (that kitchen IS ubiquitous) that pits us (people who believe we have good taste) against them (bad, greedy flippers). This is what TikTok is perfect for, and of course, the video went viral….
Disneyland is ending its annual pass program after being closed for nearly a year due to the coronavirus pandemic, the resort announced Thursday. With Southern California experiencing the worst surge yet in COVID-19 cases and hospitalizations, and with no clear idea of when the theme park will be able to finally reopen, Ken Potrock, president…
Regina Lim Lee was born on Aug. 21, 1961. Her father, Albert Chin Lee, an immigrant from China’s Guangdong province, served in the US Army and later brought over his spouse, Susie, upon completing his service. They had four children, with Regina being the youngest. Raymond, the second oldest, recalled a blue-collar upbringing. The family…
