Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Reddit’s profane, greedy traders are shaking up the stock market

bloomberg.com

Post reply on HN
Print view View original

151–160 of 364 posts

Re: Reddit’s profane, greedy traders are shaking up the stock market

#151

Post by legitster »

jaywalk wrote: post #113
legitster wrote: post #46

Earlier quoted context omitted.

This is bad advice: - Even if you are in the US, there is still some liability risk of EU recipients. Not super clear, but better safe than sorry. - Double Opt-in can improve email deliverability. Clutter folders are starting to detect and filter out emails with low engagements. An opt in email forces an engagement, and weeds out bad recipients. - It's a better all-around experience.

If you don't have a presence in the EU, there is zero liability regarding EU recipients. EU laws do not apply outside of the EU. That being said, double opt-in is still a good idea regardless of the law.

https://gdpr.eu/compliance-checklist-us-companies/

> You may be wondering how the European Union will enforce a law in territory it does not control. The fact is, foreign governments help other countries enforce their laws through mutual assistance treaties and other mechanisms all the time. GDPR Article 50 addresses this question directly. So far, the EU’s reach has not been tested, but no doubt data protection authorities are exploring their options on a case-by-case basis.

Again, the risk may be low, but it's there.

Re: Reddit’s profane, greedy traders are shaking up the stock market

#152

Post by kube-system »

jaywalk wrote: post #113
legitster wrote: post #46

Earlier quoted context omitted.

This is bad advice: - Even if you are in the US, there is still some liability risk of EU recipients. Not super clear, but better safe than sorry. - Double Opt-in can improve email deliverability. Clutter folders are starting to detect and filter out emails with low engagements. An opt in email forces an engagement, and weeds out bad recipients. - It's a better all-around experience.

If you don't have a presence in the EU, there is zero liability regarding EU recipients. EU laws do not apply outside of the EU. That being said, double opt-in is still a good idea regardless of the law.

Well, sort of. It is the EU's opinion that those laws apply globally, even if they don't have a way to enforce them. Sometimes governments cooperate in helping each other enforce laws in each other's jurisdictions and sometimes they don't.

Re: Reddit’s profane, greedy traders are shaking up the stock market

#153

Post by tozeur »

ra5 wrote: post #106

As a regular of WSB, this article is just absolutely absurd. Which I guess is the regular for Bloomberg these days (seemingly the Buzzfeed of business news it appears). All you'll find on WSB is a bunch of homophobic bored desk workers. The idea that subreddit of only a few thousand guys (mostly) with an extra $500 to blow on meme stocks can move a stock in _any_ significant way is laughable.

I agree. I used to frequent it years ago and from what I can still it’s still mostly memes...

Re: Reddit’s profane, greedy traders are shaking up the stock market

#154

Post by powowowow »

missosoup wrote: post #138
Loughla wrote: post #134

Earlier quoted context omitted.

I'm going to guess, based on what I know about diversity and inclusion. It's the fact that people are called retards, autists, and homophobic slurs. To some it's about "having thick skin". To others it's about normalizing "hate speech". It really depends on what your life experience is to determine which camp you fall in. If you've been on the receiving end of hate speech or discrimination, you tend to be in the seco…

> If you've been on the receiving end of hate speech or discrimination, you tend to be in the second camp. If you've lived a relatively privileged life in terms of 'fitting in' to the world around you, you tend to think people just need to grow thicker skin. As someone who fell into category 1 for most of my childhood, I think you have the labels reversed. I think it takes a tremendously sheltered privileged life to…

> pretty unique to the wealthier segments of the West and Europe.

Thank you for letting me know that Asia has no complex rules about how to address people, and no social consequences for failure to obey those rules.

Re: Reddit’s profane, greedy traders are shaking up the stock market

#155

Post by denkmoon »

powowowow wrote: post #154
missosoup wrote: post #138

Earlier quoted context omitted.

> If you've been on the receiving end of hate speech or discrimination, you tend to be in the second camp. If you've lived a relatively privileged life in terms of 'fitting in' to the world around you, you tend to think people just need to grow thicker skin. As someone who fell into category 1 for most of my childhood, I think you have the labels reversed. I think it takes a tremendously sheltered privileged life to…

> pretty unique to the wealthier segments of the West and Europe. Thank you for letting me know that Asia has no complex rules about how to address people, and no social consequences for failure to obey those rules.

That's not what he said.

Re: Reddit’s profane, greedy traders are shaking up the stock market

#157

Post by powowowow »

denkmoon wrote: post #155
powowowow wrote: post #154

Earlier quoted context omitted.

> pretty unique to the wealthier segments of the West and Europe. Thank you for letting me know that Asia has no complex rules about how to address people, and no social consequences for failure to obey those rules.

That's not what he said.

It's absolutely what he said.

Political correctness is a right-wing term used when they want to call somebody X, but may face social consequences for doing so.

It's not a wealthy western phenomena. It's global and it's as old as the hills.

Re: Reddit’s profane, greedy traders are shaking up the stock market

#158

Post by [deleted] »

hrdwdmrbl wrote: post #133
totalZero wrote: post #98

Earlier quoted context omitted.

Some of this can also be a totally legitimate result of putting dealers short gamma. When options dealers are short contracts, their delta hedging activity (ie, their effort to reduce first-order risk to the share price by buying or selling a commensurate amount of stock) contributes to the momentum of a large move, because dealers' hedges chase the stock. If this explanation is unsatisfactory, look up "short gamma"…

I love finding comments like this where I understand very little. (I am not being sarcastic). Excellent for learning.

[deleted]

Re: Reddit’s profane, greedy traders are shaking up the stock market

#159

Post by [deleted] »

remote_phone wrote: post #112

As someone who was a very early member of /r/wallstreetbets: 1) /r/wallstreetbets and /r/wsb are two different subreddits. /r/wsb are for those that got banned from wallstreetbets 2) When wallstreetbets first started it wasn’t as crazy as it was today. There were some aggressive gamblers but there was opportunity for real due diligence and decent conversation. I contributed more than a few posts back in the early day…

[deleted]

Re: Reddit’s profane, greedy traders are shaking up the stock market

#160

Post by justanotherc »

reaperducer wrote: post #95
asavadatti wrote: post #82

Earlier quoted context omitted.

Not trying to be a jerk but the phrase is "Case in point".

It's fine, for all intensive purposes. (This is what happens when a society stops reading books.)

Common guys, getting the phrasing right is not rocket appliances.
Post reply on HN