World Gambling Laws. Where is online gambling legal in 2021?
World Gambling Laws. Where is online gambling legal in 2021?
Countries Where Online Gambling Is Legal| Learn More at
Gambling Laws Worldwide: Countries Where Online Casinos
Countries That Allow Online Gambling [updated 08.06.19
Online Gambling Regulations Jurisdictions by Countries
Countries Where Online Gambling is Legal | The Sports Daily
Five countries where online gambling is fully legal
what countries is online gambling legal
what countries is online gambling legal - win
Why Dogecoin to $1 is Only a Matter of Time
Why Dogecoin to $1 is Only a Matter of Time The Bubble It’s February of 2021, and let’s be completely honest: We’re in a bubble. It’s kind of like 1999 but not the same. In 1999, interest rates were much higher. Today, they are nearly zero. In some countries, they are even negative. From a long-term perspective, this is very bad. The Federal Reserve is completely to blame for this. Their policies are entirely reckless, and officials refuse to acknowledge what is going on here. The Coronavirus hysteria caused by the media and enabled by officials made the crash last summer the worst man-made disaster in the history of our financial system. The Great Depression was caused by over-speculation and a lack of regulation in an emerging financial system. The Great Recession was caused by greed and fraud (strangely, no one is in jail for this). This market collapse was caused by elected officials and the fed, who got trigger-happy and cut rates to zero back in the spring of 2020. Whatever we wind up calling the burst of this bubble is to be determined. It will, however, be entirely manmade because the fed refuses to acknowledge the speculative behavior currently going on in SPACs, Cryptos, Penny Stocks, and anything else that serves as a legal Ponzi scheme for inflating the bubble. Even real, dividend-paying stocks have gotten way overvalued in some sectors. Also, since the fed has no plans of raising rates within the next two years (so they say for now, at least), if you’re searching for yield, you have nowhere else to look than the equities markets or one of these legalized forms of Ponzi schemes. It’s extremely unfair to conservative or retired investors looking for an honest return on their savings. This all is actually why it is a great time to look at Dogecoin, as I will get to in a moment. So long as rates are near zero, the bubble will continue to go on for longer and longer. And while it continues, people will constantly look for the next big thing. For How Long? Now, this may sound all doom and gloom, but that’s not my point. One day the bubble will burst, but I’m not making a prediction of when that will happen. Anyone making up dates for when the bubble will burst is either clueless or a con artist. No one knows when this bubble will burst. It could be weeks, months, or even years. One thing is for sure, the bubble will not burst just because things are overvalued. That’s not how bubbles work. There needs to be a catalyst to burst the bubble. A major military conflict. An unexpected move or comment by the fed (raising rates, calling out the bubble for what it is, etc.). Another nationwide lockdown. I can go on with examples, but a little selloff here and there (August 2020) that causes the financial media to lose its mind is not enough. Just because you claim the bubble is bursting isn’t enough either. If you follow the media, you will get burned over and over again. That’s how it works. They want you to go to their sponsors for help, and once they burn you (sell you gold, overcharge you for poor investments, etc), you’ll come back to them hoping to figure things out. It’s a shell game. When the bubble burst, it will happen extremely fast and unexpectedly. There’s nothing wrong with playing the bubble, but you need to be mindful of when it ends because once the music stops, there will be a mad rush for the exits. You don’t want to be stuck holding the bag because everything will get crushed when the bubble burst. Even the blue-chip stocks that pay solid dividends will get hammered. Fundamentals Don’t Matter (For Now) In this bubble environment, fundamentals don’t make sense and, quite frankly, they don’t matter. You can argue back and forth all day long about whether something has a practical future or whether something is overvalued. I’m not here to do that about Dogecoin, Bitcoin, or any other crypto. The same could be said about Penny Stocks right now. (Hint: virtually all of these companies are way overvalued). You can find tons of articles of that nature, and I’m not likely to change your preconceived notions anyway. If we look at all the irrational bubbles that have occurred lately, you are a complete fool if you believe that TSLA or BTC is worth nearly a trillion dollars. It’s worth nowhere near that valuation. How do I determine what something is worth, and who do I mean? It is called the market cap. In layman’s terms, that is where you take all the stock shares and multiply it by the share price. And I’m not recommending buying or selling TSLA or BTC, I’m just pointing out that these valuations are absurd. Does that mean they will not pass 1 trillion dollars? Of course not. There’s a very reasonable chance they do pass a $1 trillion market cap. That sounds absurd to write but it’s true. When the bubble bursts, you better believe fundamentals will be back in play. This disconnect can’t last forever. But it can go on for a while. And while it lasts, we all want to make some money A Quick Word About ALL Cryptos While I don’t believe Cryptocurrencies are going anywhere (as in, people will always buy and sell them), I also do not see any APPLICABLE future in them other than trading with other people. In fact, the biggest use I see of Cryptocurrencies is for illegal and untraceable transactions. The government will do all they can over the next several years to bring in lost tax revenue and track transactions better, but that’s the extent to which Cryptos will have relevance. How do I know this? Because the federal reserve, which is backed by the taxing authority of the US Government and the might of the US military, isn’t about to let some alternative currency usurp the US dollar. How do you think we can afford to provide all this government stimulus to fight Covid? If you think about this, you will see why other countries are much worse off. They must play by our rules, while we get to export our inflation to other countries because they must use the USD to buy commodities on the international exchanges (look at what happened when Saddam tried to circumvent this). If they print more money, their currency gets devalued. That’s why as bad as things look, relatively speaking, the US isn’t in terrible shape compared to the rest of the world. If your financial future is so married to Bitcoin, ask yourself this: what happens if your account gets hacked? Who will you call? Who will make you whole again? If you have a brokerage account with legitimate stocks, there are regulations in place. There is the SIPC which protects again brokerage failure. With Bitcoin, you are completely gambling. This lack of regulation and lack of price stability means that there is no viable path to Bitcoin being a legitimate currency. Does it mean people can buy and sell it? Of course. But if you are in the cult of believing that Bitcoin is the future world reserve currency, you need to get your head examined. Gold and Silver con artists have been trying for decades for people to get on this alternative currency train. At least gold and silver have some practical industrial applications. And hundreds of years of history on its side. Crypto isn’t anything but something people agree upon as having value. Why do I point this out? Because the one thing you need to do is separate yourself from what you think you know about Crypto and Blockchain, etc. While it all sounds cool and revolutionary, it really doesn’t matter. The US government could easily create their own form of Crypto that gives them more control. The decentralized part just doesn’t jive with our current global hegemony. If you don’t understand this, you should think more and read less. Once you accept this, you can start to see all Crypto as fundamentally worth the same: virtually nothing. The technicals, however, are why we want to look at Dogecoin. Relative Valuation of Dogecoin Now that you understand a little more background into where we are, I believe Dogecoin is extremely undervalued. Why? It’s simple. Relative valuation. This is one of the easiest and most efficient ways to compare investments. Ok, so maybe this isn’t really investing anymore; it’s gambling. Still, we can apply the same concept. Imagine two companies: they are in the same industry and have similar margins, earnings, growth prospects, etc. One company is valued at $50 billion and costs $120 per share, and one is valued at $85 billion and costs $80 per share. Which one would you invest in? Of course, you would invest in the one that is worth $50 billion at $120 per share. The cost per share means absolutely nothing. It is psychological. Now, you say Dogecoin isn’t on par with Bitcoin and that where I’m going with this isn’t a fair comparison. Go back and read the last section. That’s why I wrote about the practical applications of Cryptocurrencies in general. None of that matters. The only thing that matters is the general sentiments shared by people that buy and believe in Cryptocurrency. So, let’s look at the current valuations: Bitcoin – Price $40,500, Market Cap $755B (estimated as of 2-6-21) Dogecoin – Price $.05, Market Cap $4.4B (estimated as of 2-6-21) (Source: Yahoo Finance) Now, I’m not saying Dogecoin is worth what Bitcoin is. I’m not even saying it's worth half or a third of Bitcoin. Who really knows? No one does. You certainly cannot say for certain that one is better than another. One is more “established” and has more name recognition. What I am saying is this: if Dogecoin goes to $1, it will have a market cap of just over $85 billion. Even at Bitcoin’s current market cap, that’s just over 1/10 of its value. And that isn’t even pricing in more appreciation of Bitcoin’s value over time. This means I see tons of room for Dogecoin to run. (I know some will mention dilution via minting of new coins, but that’s another discussion and not entirely relevant to the points I am trying to make in this piece.) Could Dogecoin match Bitcoin? That sounds absurd, but let’s look just for fun: if Dogecoin were to have the same market cap as Bitcoin, that means it would have a current price of $8.55. So, what am I saying here? You must know the range of possibilities (within reason, if that even exists anymore) before you start thinking about price targets. To say Dogecoin is going to $100 is just absurd; things need to be put in the proper context. Why Dogecoin? Using relative valuation, I believe you could make a case for any Crypto. Will they all run to Bitcoin’s level? Of course not. The last question is why Dogecoin? This is the most important one that we have to answer before deciding on buying Dogecoin. The answer is simple: hype and name recognition. If I look at the most valuable cryptocurrencies by market cap, Dogecoin is number 12. I have taken an informal survey of probably 100 people over the last two weeks. I showed them the top 15 Cryptocurrencies by market cap to see which they were familiar with: Stellar, Binance Coin, Cardano, Polkadot, XRP . . . almost all of these were completely unheard of. But, somehow, they have valuations of 2-3 times Dogecoin. Dogecoin has a few things going for it. First, hype. Elon Musk and many other prominent celebrities are pilling in. Mark Cuban has said he’d buy it over a lottery ticket. That alone can help aid a very quick lift off. Second, the name Dogecoin is very easy to remember and a trendy thing. What the heck is Cardano anyway? XRP? I mistakenly called it XPR before I edited this piece. And if you are still hung up on the practical use of Dogecoin or other Cryptos, you are missing the point of this piece entirely. Look at the story behind Bitcoin. An anonymous person online created a decentralized platform for money movement or something like that. What? How in the world did that idea ever take traction? It’s just like people online arguing over which Penny Stock is the next big thing. Neither person is right, but the perception is really all that matters. Third, stimulus checks will be hitting within weeks or months. This naturally promotes price inflation when people have more dollars chasing few goods. People will inevitably pile into whatever they think is the next great thing. Dogecoin has momentum right now. And this brings me to number four. Fourth, and perhaps most importantly, FOMO is very powerful right now. There are people all over the world that know people who have won big money in this bubble. Penny stocks, GameStop, Bitcoin, and many others that you can name. How many people do you personally know that have won big in the lottery? Probably none. This is a unique time in history. People have won big in this market and are looking for the next thing. Dogecoin is something that could pick up steam quickly. It could blow up overnight. It may not, and that is the risk you take. At the end of the day, it’s just money that you can always make more of. Life-changing money is worth the risk when you find the right risk-reward ratio. Do your due diligence, but also think ahead to a scenario that you could imagine. Would you be that surprised if Dogecoin reached $1? And if it did, would you be surprised if it started running towards multiple dollars? $1 is a psychological number that typically leads to a further breakout. The current market cap suggests this is all very possible. Now imagine getting in at four or five cents. Disclosure: Long Dogecoin with Diamond Hands. No positions in any other things mentioned. -BJ
Not your parents PLAYBOY: How Playboy is reinventing themselves and why you should Invest $MCAC
I know what you're already thinking. Playboy is a dead porn brand that publishes a magazine and doesn't appeal to millennials or gen z right? Wrong. Leadership Let's start with Ben Kohn, the CEO. Kohn has worked in private equity for 25 years and started a firm called Rizvi Travers which invested in pre IPO tech companies. They were the largest investor when Twitter went public and invested in Facebook, Snapchat, Square, SpaceX, Instacart, and Uber. In 2011, Kohn partnered with Hugh Hefner and took Playboy private. Kohn became the CEO in 2017 with the goal of revitalizing one of the largest, most recognizable brands in the world. Since becoming CEO, Kohn has been shutting down most of the legacy business and most recently discontinued producing a domestic magazine. He's focused most of his attention so far on growing the high margin licensing business and direct to consumer business, transforming Playboy into a consumer lifestyle brand focusing on 4 categories:
Sexual Wellness
Style & Apparel
Gaming & Lifestyle
Beauty & Grooming
Kohn is also placing a strong emphasis on appealing to women and young people, something that Playboy had never done in the past. Over the last 3 years, the female audience has grown by 70% and 90% of their audience today is under the age of 40. Out of the total e-commerce sales, 40% of customers are women. Financials Playboy is already a profitable business. They have a highly efficient, high margin business model that accelerates with growth. For the first 9 months of 2020, Playboy grew revenue by 78% from 57 million to 101 million and grew adjusted ebitda 129% from 9.5 million to 22 million. For 2021, they reaffirmed guidance of 167 million of revenue and 40 million dollars of ebitda. By 2025, Playboy is conservatively projecting 296 million of revenue and 140 million in ebitda, but expects it to be much greater. It's also important to note that they have over 400 million of forward booked minimum guaranteed cash flow, but they only recognize 67 million of that today, so the actual revenue numbers are much higher. Playboy's business is monetized in two primary ways, licensing and direct to consumer. Licensing is a key part of the revenue stream and they anticipate it more than doubling moving forward. However, Playboy is extremely excited about its growing direct to consumer business as well which I will dive into in the next section. Growth Playboy has huge growth opportunities in each of their 4 product categories. First I want to point out that Playboy is HUGE in China and it's growing rapidly in India. In China, Playboy is one of the leading men's apparel brands with over 2500 brick and mortar stores and over 1000 e-commerce stores. Playboy sells products in over 180 countries and is the 17th most licensed brand in the world. Style & Apparel: Over the last 3 years, Playboy has partnered with Pacsun, Misguided, Supreme, and others. The Pacsun and Misguided businesses have increased almost 15x over the last 3 years. Playboy also launched Playboy Labs and partnered with Steve Aoki to promote the brand. Playboy intends on transitioning this business from a pure licensing business to a direct to consumer business going forward. They have future collaborations with Yandy planned as well. Sexual Wellness: The sexual wellness category is a 240 billion dollar industry today and is projected to grow to 400 billion by 2024. Currently, the industry is fragmented and made up of small businesses with no ability to scale. Playboy is poised to become the leader in this category through strategic acquisitions of existing companies and by growing its product offerings. Yes, I'm talking about lingerie, condoms, sex toys etc. They recently acquired the sexual wellness retailer Lovers for 25 million and expect them to add 45 million in revenue over the next 12 months. They are planning on making more strategic acquisitions in this space moving forward to become the leading direct to consumer brand in this field. They also began offering online sexual wellness classes for women, which have seen large growth since inception. Gaming & Lifestyle: The growth opportunities in this category are huge. Playboy is diversifying into online gambling, mobile gaming, CBD/Marijuana, and virtual reality. They have a social club/poker room opening in Houston this year in addition to their casino in London. They currently have partnerships with Microgaming as well as Scientific Games for mobile gambling apps like slots and poker, with plans to build more. They are also planning on entering the sports gambling market through partnerships with well known sports betting operators. Moreover, they recently launched an exclusive furniture collection on Wayfair and plan on offering more in the future. They currently offer 3 CBD products and have plans to enter the legal marijuana market when it's legalized at the federal level, which might happen soon under the Biden administration. As of now they sell Playboy branded smoking materials like ash trays and grinders. They are planning on launching 4 more CBD products in 2021. Lastly, Ben Kohn said that experiencing Playboy through a virtual world format is something that is "extremely interesting to us". He gave an example of the Travis Scott and Unreal Platform collaboration. Beauty and Grooming: Currently, Playboy offers men's and women's fragrances and color cosmetics in Europe. They have plans to expand their product line and enter the North American market this year. In China, a place where Playboy has a large market presence, Men's grooming is one of the fastest growing categories and an area that Playboy is not in today. They are planning on entering this market in the near future with Playboy branded skincare and grooming products. SPAC Merger Playboy has a DA with Mountain Crest Acquisition Corp, $MCAC, with the shareholder vote taking place THIS TUESDAY 2/9/21. Once it's approved, the ticker will change to PLBY shortly after. One of the great things about this deal is that there are absolutely no warrants outstanding, meaning there will be very little dilution. They only have 1/10th of a right per share outstanding which automatically convert to common stock. Upon completion of the merger, PLBY will have only 37 million shares outstanding, which is a very low float. Any increase in volume and demand will send the stock price higher. After the merger, PLBY will have a market cap of approximately 413 million. For comparison to other global brands, Nike's market cap is 185 billion, Disney's is 329 billion, and Lululemon's is 45 billion. Now I'm not saying Playboy is near those companies today. However, if they continue growing and realize their potential, they're massively undervalued. Additionally, the management team all signed 12-month lock ups, preventing them from selling for at least one year. This is not a transaction sale, but a true capital raise to accelerate growth. They are in this for the long haul. Conclusion Playboy has big growth opportunities in multiple product categories to become a leading consumer lifestyle brand. They have a high margin profitable business model and a very healthy balance sheet. They have 100 million in free cash right now and only 40 million in net debt, or one times 2021 adjusted ebitda. They already have global brand awareness and the bunny logo alone has tremendous value. Ceo Ben Kohn knows what he's doing and has a proven track record of success. It might be flying under the radar right now because all the hype is surrounding GME and EV socks. I believe when the ticker changes to PLBY and people realize that Playboy is no longer what it used to be, this has huge long term upside. FYI: All of the statistics I mentioned are directly taken from the CEO Ben Kohn in his 1 hour webinar interview with SpacInsider. Disclosure: Long 500 commons $MCAC Disclaimer: Do your own due diligence too
Playboy going public: Porn, Gambling, and Cannabis
NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY. https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1. https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%) NEW INFO 2 Here is the full webinar. https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866 NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx Playboy going public: Porn, Gambling, and Cannabis !!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should. In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase. Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below: https://www.playboy.com/ https://www.playboytv.com/ https://www.playboyplus.com/ https://www.iplayboy.com/ Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success. “Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.” https://www.scientificgames.com/ https://www.microgaming.co.uk/ “This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.” https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/ As per their SEC filing: “Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.” https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1 They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon. https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again: https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea “Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.” “According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently: https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress. Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait. https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/ Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video: https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05 Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing: “For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.” “In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.” “In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.” “In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.” They are profitable across all three of their current business segments. “Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.” https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders). https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world. "Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.” Also in the SEC filing, the Time Frame: “As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn. The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :( He should be fine with the 16 million PLBY shares he's going to have though :) Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw. I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets. https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003 Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this: “Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy. “Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.” https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative. https://www.secform4.com/insider-trading/1832415.htm https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html Y’all like that China money? “Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.” Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.” https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose. I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future. https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing. https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing “Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.” “Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.” Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong. Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will. Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way. Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains. TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here: WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf Or here: https://www.mcacquisition.com/investor-relations/default.aspx Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.” STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon. Position: 5000 shares. I will buy short, medium, and long-dated calls once available.
Let me explain what’s going on with wsb and the markets this week. Just because it’s relevant...
I’m not a market expert, I gamble in the markets and I’ve done pretty well...though I still consider myself oblivious to everything. However, I think I can explain this in layman’s terms for anyone wondering what’s going on. GameStop is obviously a video game retail store. Over the past five or six years, they have struggled keeping up with the digital age and online sales. Their reputation has been in the trash for a while, and pretty much everyone considered them the next Blockbuster a year or two ago. So, because of this, hedge funds and big money billionaires start “shorting” Gamestops stock. “Shorting” a stock means to bet against the stock (if you short a stock, you think the price will go down) So big money was dragging Gamestops share price down 70-80% over the last few years, and they had GameStop sitting at around $4-8 a share at one point...meaning they successfully “shorted” the stock for years and netted themselves tens of billions of dollars in the process...the biggest short position was held by a hedge fund called Melvin Capital. just to be clear, shorting the ever living shit out of a company is basically hoping the company goes bankrupt....tens out thousands of jobs are on the line here..at the absolute bare minimum They were shorting GameStop so heavily either because they wanted to destroy them and put them out of business, or they wanted to drive the share price to pennies, scoop up 51% of the shares and orchestrate a hostile takeover of the company. These hedge funds have more money than all of us in the country combined. They have enough money to manipulate stock prices to where they want them so that they can come in and scoop up the shares at the price they want. They will push fake news stories, hit peices, target prices, etc all to manipulate the stock price. Everyone knows this, but everyone has basically accepted that the rich can get away with it. Then covid came around. Covid absolutely completely demolished any retail box store. Everything was shut down, business came to a halt, and there wasn’t as much money flowing through stores like GameStop anymore. So the bigwig Melvin Capital doubled down on their short positions. They wanted to completely drive GameStop into the ground. Hundreds of billions of dollars were placed on shorting GameStop. Now let me get a little tiny bit more technical: when this guy shorts a stock, that involves him writing contracts called “calls” and selling them to people who want to take on the other side of his bet. When Melvin Capital sells a call, that contract represents 100 shares of GameStop...(this isn’t all exactly perfectly right, but for the sake of being easy to comprehend, ya know) So Melvin Capital wrote hundreds of thousands of these contracts (each representing 100 shares) and the contracts basically said “I think GameStop will be below $20 by January 30” and he sold the contracts to anyone who thought that he was wrong. I think he said he sold these contracts for $18 each back over the summer. So back in July, if you thought GameStop would be over $20 by tomorrow, you would buy a contract (or 100,000 contracts) for $18 each. The higher the price goes up, the more money your call is worth. Once it gets to a price where you want to sell it, you can sell it to someone else. But there’s another way to handle the contracts too...you can “execute” a contract. When you execute a contract, you are saying “okay, I won this bet, I want the 100 shares that my call represents.” So when that happens, the hedge fund who wrote the contracts and made all these bets with everyone has to go buy 100 shares (per contract) of GameStop at market price ($250 right now) and give them to the executor for $20 a share. As you can see, if there are hundreds of thousands of these contracts out there, and everyone is executing them, this can cause massive problems for the hedge fund and any bank funding him with money. Melvin Capital’s problem isn’t that he was short on GameStop, his problem was that he wrote so many contracts, that if you divvy all of them out, they account for 140% of Gamestops shares. Meaning, 40% of the contracts he wrote are representative of shares that don’t even exist. If this doesn’t make sense, then you’re on the right page. This is fucking stupid—but it’s legal. And sadly, it’s normal. So, this fund had an overleveraged short position on GameStop. Like wayyy overleveraged. A user on Reddit, I won’t tag him here, you can find him if you look, saw this problem back in July and wanted to exploit it. He wanted to take on this hedge funds bets and call their bluff. The theory became (again, this isn’t exactly right but for dummies) “if everyone can buy out the remaining shares of GameStop that actually exist, and just hold them, then we control the price of the shares that he has to pay when people execute their contracts.” So people started buying these contracts for $18 each. People wanted GameStop to go over $20 a share so that they could win the trade against the hedge fund. A couple of months later, Michael Burry (the guy The Big Short movie is based on) famous billionaire who called the 2008 crash also saw the same thing the kid on Reddit saw, so he invested $2 billion into GameStop in the fall. Then another billionaire caught on and also invested around November....at this point, GameStop is trading $14 ish a share. But with these billionaires coming in to invest, a more positive vibe started gaining around GameStop Add to the fact, GameStop hired all new board executives and came out with a worthy business plan for the future 6 months ago. They have a plan to stick around for a while. So...this month the over leveraged short position kept making more and more airwaves around wsb and investment forums. People started believing in gamestops business plan and the two big billionaire investors joining in was a good catalyst to start moving the price upwards a few bucks... The theory on Reddit became a thing...it was still kind of a meme at this point, but as hours passed, it became clear that this was actually going to be a thing. So as the math checked out, and it was spread around the internet, big names caught on and started talking about it. Elon musk tweeted about it, millionaires started pouring money into it for a couple of hours, making bank, and donating it to charity just so they could go on the news and explain what was happening Now, rewind a week from today, and let’s look back to these contracts really quick...they all expire on fridays. This Friday, (tomorrow) a lot of them expire. Meaning, his side of the contracts is going to be literally worthless unless GameStop goes back to under $20 a share—and as time goes on, more and more people are executing their calls, forcing him to buy millions of GameStop shares at $40 a share and sell them off for $20 a piece. Then the hedge funds obviously started feeling the pain as contracts were getting executed and their side of the bet was losing massive value quickly. So they took to social media to start posting bullshit videos explaining why gamestops price will crash to $20 a share. The first video, they announced was supposed to happen at noon on Inauguration Day. That morning, GameStop was up 5-10% and they tweeted “out of respect for president Biden, and the inauguration ceremony, we have decided not to share the video today” The next day, they claimed they would release a 5-point video on why GameStop would go back to $20 a share. While this is being announced, GameStop shoots from $30-75 a share in minutes....that 5-point video never came. This showed everyone that the hedge fund was backed into a corner and what everyone was doing was working. So shit became real. Everyone realized that the theory was working. As it became more and more clear, twitter, Instagram, Tiktok, YouTube, etc all joined in on the action. People got their grandma to sign up and buy a share of GameStop. Wsb users put advertisements on channels like Mr Beast telling people to buy GameStop. Everyone and their mommas were buying a share of GameStop just to “stick it to the man”..even the intellectually challenged Facebook people started getting in on the action. It became a form of activism, from both sides, almost a type of Occupy Wall Street movement. But instead of blocking the corrupt billionaires paths to work in the morning, we just all ganged up together and beat them at their own rigged game—they’ve lost over $90 billion on this one trade alone so far. We broke them this week, and they don’t know what to do about it. And the best part is, the worst is supposed to be far from here. Wsb figured out that if they literally ask for $1000-5000 a share for their shares and not sell until that point, it’s totally possible for it to get there. That’s why Robinhood and all these banks are playing dirty today When Elon tweeted a couple days ago and GameStop shot from like $90 all the way to $220 overnight. Now, the hedge fund is forced to buy shares for $220 and sell them to people for $20...this is why the .0001% and Robinhood are squirming right now. A major hedge fund got caught with their pants down and got beat at their own game one single time. Now they aren’t happy about it. So, the bank that funds Melvin Capital is called Citadel. Citadel is losing a shitload of money off of Melvin Capitals trade as well as Melvin Capital. Citadel also owns Robinhood. The money you get from Robinhood comes from Citadel....you see where I’m going with this?? A lot of Melvin Capital’s calls expire tomorrow. People will be executing those contracts like crazy. They need to be able to find enough shares to account for all the contracts that was executed—this could be rough considering there’s more shares within the contracts than there are actual shares. So conspiracy tells me that we can’t buy those shares so that Melvin Capital will be able to cover his ass tomorrow. Citadel probably told Robinhood to stop selling GameStop today. At this point, a class action lawsuit will cost fifty times less than losing this trade. Edits: fixed grammar and words and stuff
Porn is a new type of drug that is injected into the brain through the eyes
Entering the 21st century, we have completely entered the era of pornography. Pornography began to flood in the late 1990s. At that time, it was disc spread. Many people could find pornography at home. Later, the new millennium entered the Internet age. , Pornographic content spread more severely, became more widespread, and it is still free to browse. Later, when we entered the era of smartphones, it was easier to browse pornography than to find stones on the ground. In our country, pornographic content is illegal, while in foreign countries, certain pornographic websites are even legal, which exacerbates the proliferation of pornographic content. However, foreign countries have also realized the great harm of pornography in recent years. They call pornography the new drug. (New types of drugs). There are many rebooting websites and rebooting books abroad, and our country also needs to pay attention to this aspect. On the surface, cocaine and pornography do not have much in common, but more and more studies have shown that chemical drugs can induce the brain to release exciting chemicals, and watching pornography has the same effect. Just like drugs, when these exciting chemicals (such as dopamine and oxytocin) are delivered to the brain, they build a new pathway in the brain. This pathway can fundamentally induce porn users to browse pornographic information. When the brain pathways are activated by pornographic information, the brain can release chemicals at the same level as when viewing pornographic information for the first time. This process is similar to the process of drug addiction. Porn is injected into the brain through an eye. drug! To equate pornography with drugs is the latest scientific research abroad. This understanding is correct. Thinking about the state of looking for pornography, it is really like a drug addict looking for drugs. Studies have shown that watching pornography can cause your brain to release the same pleasure chemicals as cocaine. When drug addicts take more drugs or porn viewers watch more pornography, the neural circuits in their brains will become stronger, making it easier for them to take drugs or watch porn again, whether they want it or not. content. Just as addicts will eventually need more and more drugs to get pleasure, or even just to make themselves feel normal, sex addicts will quickly develop tolerance when they get used to watching the large amounts of dopamine released by pornography. In other words, even if pornography can still make the brain release dopamine, they can't be as cool as usual. Like drugs, the more stimulus, the more boring afterwards. You must look for heavier flavors and more excitement to achieve the pleasure of tasting the forbidden fruit before. Many people have become psychologically perverted afterwards, and their sexual orientation has also been distorted. Watching pornographic masturbation will bring a series of evil consequences, which will make people fall into a vicious circle. At first, sexual orientation was normal. Later, in order to stimulate dopamine secretion, I would look at abnormalities. As my psychology became more and more abnormal, my sexual orientation began to be distorted, and I would learn to imitate the contents of pornographic films. It is estimated that there are 2 million heroin users in the United States, and 600 to 800,000 of these people are heavily addicted to heroin. Compared with the above data, 40 million people in the United States watch online pornography every day-this new type of drug. The reason why Internet pornography is a new type of drug is that the brain responds to drugs and sexual arousal in the same parts. Pornography is really a kind of drug. As a 100 billion-dollar neuro-drug industry, pornography is changing people’s concept of sexual behavior more rapidly through the accelerated development of the Internet. Pornographic information is pervasive on the Internet, and it inhibits people’s sexuality. The normal view of orientation leads people to a state of evil, perverted, indecent, and irresponsible beasts. Imagine that the brain is a forest. Hikers pass by the same place day after day and gradually step out of the way. Browsing pornographic information will also generate neural circuits. As people browse pornographic content again and again, these neural circuits will be continuously strengthened in the "forest" of the brain, and these neural circuits will eventually become paths in the "forest" of the brain. "Thanks to" the Internet, current pornography mixes the most powerful dopamine that the body can release and many other elements-endless novelties, shocks and surprises-all of which will stimulate the release of dopamine in large quantities. And because Internet pornography provides endless content, users can move to new images (postures, costumes, heroines, etc.) every time their pleasure declines to keep dopamine at high levels for a few hours. Professor Jeffrey Satinover of Princeton University described the effects of pornography to the U.S. Senate committee: "It's like a heroin we invented. Users can use it secretly in their homes and inject them directly into the brain through their eyes." The American Addiction Medicine Association used to believe that addiction is mainly a behavior. Recently, inspired by the new brain science community, the American Addiction Medicine Association redefines "addiction"-a brain disease related to the neural reward system. The powerful influence of Internet pornography on the neural reward system is clearly in line with the new definition of addiction. Dr. Hilton believes that the impact of pornographic images on the natural brain reward system is unique. Unlike the rewards brought about by food or doing other things, the rewards brought by watching pornographic images can lead to "continuous changes related to nerve synapses and plasticity." In other words, Internet pornography not only stimulates the increase of dopamine levels in the brain, and thus produces pleasure. It also literally changes the physical organization inside the brain, so that new neural pathways crave pornographic information to trigger the desired sense of reward. Pornography is a mixed drug. It triggers two addictive chemicals in the brain by causing excitement (the "hi" feeling caused by dopamine) and creating orgasm (the "relaxing" effect of drugs). This mixing mechanism makes pornography more likely to become addictive and easier to develop tolerance. The tolerance of pornography requires not only larger doses, but also more novelty in content, such as more taboo behaviors. Although the effects of Internet pornography are similar to the combination of chemical addictions, the effects of Internet pornography exceed those of chemical substances. For example, the "mirror neurons" in the brain give us the ability to learn: observe a behavior and imitate it. Professor Struthers wrote that because of mirror neurons, “watching pornographic videos creates a neural experience by which the viewer indirectly participates in what he sees.” This unique interactive addiction through The dual stimulation of the brain and the body is realized. In the words of Professor Strathurs, "Pornography involves visual mechanisms (watching movies), motor mechanisms (masturbation), sensory mechanisms (genital stimulation), and the neurological effects of excitement and orgasm (caused by addictive dopamine). Excitement)". The study of the brain confirms such a serious fact: pornography is a drug release system, which has obvious and powerful effects on the human brain and nervous system. As Dr. Deutch pointed out, "Those who watch porn are unaware of the extent to which pornography reshapes their brains." Indeed, they do not know that pornography is "creating new neural circuits in their brains." Research on nerves has revealed that Internet pornography has a powerful effect on the brain. Its effect is as powerful as cocaine and heroin, which are addictive substances. In a statement to the U.S. Congress, psychiatrist and former Yale psychiatrist Dr. Jeffery warned the public: With the advent of the information age, the addictive stimulation of Internet pornography has become almost irresistible. We seem to have created an unprecedented substance that is 100 times more powerful than heroin. Internet pornography can be watched privately at home, it is directly "injected" into the brain through both eyes! In 2014, a research paper published in the Journal of the American Medical Association-Psychiatry stated that frequent viewing of pornographic pictures can make the brain slow to respond to sexual stimulation. German scientists point out that this means that the brain needs more dopamine to feel the same degree of "orgasm", which leads to the search for more pornographic images. "Psychology" magazine once published a paper saying that these dopamine surges mean that people who watch pornographic pictures need more tasteful sexual perceptions and experiences to arouse sexual desire. German scientists believe that viewing pornographic pictures may cause brain shrinkage, and the more you look at them, the more severe the brain striatum area associated with rewards and stimulation. This is the first time scientists have discovered that viewing pornographic pictures is directly related to physical injury. In addition, scientists also found that the more time spent watching pornographic pictures, the more different the brain, the more you watch, the deeper the addiction. In 2013, researchers at the University of Cambridge found that when people addicted to pornographic pictures watch pornographic pictures or videos, the "drug addiction" area of the brain glows in a brain scan. When young people who are addicted to Internet pornography browse pornographic pictures, their brains will "glisten like a Christmas tree with colorful lights." In the brains of people addicted to pornographic images, these areas responsible for processing rewards, stimulation, and pleasure are exactly the same as the highly stimulated areas in the brains of drug addicts and alcohol addicts. Research shows that among all forms of online entertainment (such as gambling, games, surfing the Internet, social networks), pornography has the strongest tendency to become addictive. When pornographic images enter the brain, it will induce the reward center to start stimulating dopamine, which triggers a flood of chemical components, including a protein called DeltaFosB. Usually the role of DeltaFosB is to create new neural pathways to connect with what you are doing (viewing pornography) and pleasure. With the repeated overload of dopamine, viewers become numb to those scenes, and they often find that they cannot feel normal when there is no high release of dopamine. Some people say that they feel nervous or negative until they regain pornography. As they sink deeper and deeper into this abyss of vices, they will become more and more flavorful. Many people who try their best to get rid of this bad habit say that they find it hard to stop. Like any substance with addictive potential, pornography induces the release of dopamine into the "reward center" part of the brain (also known as the reward channel or system). The reason why pornography is a behavior that aggravates the degree of psychological distortion is because as some pornographic viewers' tolerance increases, the scenes that have excited them become boring. It can be expected that they will often spend longer watching pornography, seeking more heavy-tasting themes, and trying to regain their previous excitement, as a compensation for the boredom caused by old themes. Many watching People find that sharp themes such as violence are permeating their sexual fantasies and habits. The content of pornography and the way people interact with it have undergone dramatic changes in the past few decades. Internet pornography has the following six characteristics. (1) Free of charge. People who watch pornography can browse pornography for free on the Internet. In the past, they had to go out to buy discs and books. (2) Easy to obtain. People can easily access pornographic content through the Internet. Nowadays, most of them have mobile phones, and the Internet is more convenient. (3) Freshness. In the past, pornographic resources were relatively single, and it was easy to get bored. Internet pornography has many options and can provide continuous freshness. (4) Large amount of resources. There are huge amounts of pornographic resources on the Internet, and there are dozens of gigabytes or even hundreds of gigabytes in the hard disks of many prostitutes. (5) Diversified locations. In the past, you could only watch it at home, but now you have a mobile phone and you can watch it everywhere, which increases the possibility of watching pornography. (6) Easy to carry. Drop it into your mobile phone, mobile hard drive or laptop, and you can take it with you.
Did you know all gambling in RDO Is still banned in countries where it's actually legal?
So yeah, rockstar, since the beginning, decided to cut loose a lot of countries from gambling in their games, even tho in countries like mine, Argentina, its not illegal, and up to this day they haven't changed anything, lemme explain quickly in case you don't know (this is accurate to my countries' case, where poker and games alike should be playable but rockstar ignored us): IF you can get money into the game and then out, it's illegal unless rockstar has some kind of permit, if you can only get the money in but now out, it's legal, it's just like buying anything else... That's it, that's how my countries' online gambling law works. ROCKSTAR GIVE US GAMBLING, I HAVE A CRIPPLING ADDICTION TO IT! PS: At the begining, when the casino dropped in GTA and I couldn't use it, I thought it was a weird thing that happened between my government and rockstar, but it seems (from what I've read) that it wasn't, rockstar just didn't want to go through the hastle of asking so they just cut their losses short and banned it themselves, which is understandable but they could have already changed it by now
The last hangover. Is it okay to play video games? Is it a normal or close to normal chemical cascade?
Hello, Tim hopes nobody finds who he really is. But without a resource like a licensed therapist or in patient center, has no choice but to get some kind of feedback. Tim is 31.25 years old. His parents married and divorced when he was young. his mom had custody for a while; they moved around a lot. went to 3 different high schools, and 2 different middle schools, all private. freshman year hs was spent in a different country in a boarding school, in northern france an hour away from brussels, lille. he grew up and befriended mostly white, upper class folks. up until he came back from france, he was a clean person. he used to step on cigarettes on the floor and crack the tobacco out because he thought they were bad. when he returned to the us, he lived with his grandparents. he also played sports, basketball and football, rarely got sick, an otherwise healthy human with the clean slated potential to live to age 80. there wasn't any supervision because his gparents were old, he was very lonely, and most of his human contact was over the internet via AIM and multiplayer video games like counter strike and starcraft. he started smoking cigarettes during this time, so if anyone asks and has an issue with 420, the shit that's LEGAL and AVAILABLE are the real culprits, alcohol included. not long after, he started smoking weed, age 15. hes been using weed since then, and it's never caused him any problems. his memory seems to still be in tact and he never get sick, hes otherwise still healthy but he want to keep it that way because he will not get any other chances after this. he thinks this lonliness perpetuated through high school because of moving around a lot and having to ditch old friends and make new ones, but he also had a lot of other problems with himself like the way he looked and where he was from and things that he considers now to be, unimportant or, unrelated to a person's success. in other words, his brain didn't really start developing into an adult one until, about a year ago when he stopped using drugs. so his guess is that the drug use at the start of adolescence impeded his natural development. so all the above led to an interest of using drugs, he thinks stumbling on erowid.com browsing the internet probably reading up on things about weed, and then reading about the effects of all these drugs. during high school from 16-18 he did ecstacy 3 times, mushrooms 5 times, lsd 3 times, and coke 10 times. coke was the one that perpetuated the most. from 18-21 he did it a handful of times with a friend, maybe 3 times max, low doses as well under half gram. then when he was 21 in college, stumbled on poker, and got addicted to gambling. hes clean from gambling for 2 days. gambling produced a high greater than any of the drugs he had ever done, including high doses of cocaine, so from 21-25.50 he was completely clean from cocaine and all drugs. all he did was play poker online, losing, because in gambling the odds are against the player; how the game is designed. then from 26-30 the use went from once a month, to once a week, to 3 times a week, until January of 2020. He relapsed a handful of times throughout the year, incessantly trying to control the cravings. cocaine and gambling cost him several jobs, his 20s, ten years of lifespan, and possibly more if he get disease later in life from it. therefore, Tim would rather not be alive, than ever go back to these behaviors. they are no different to him, brain chemistry wise in memory and the hippocampus and everything, than causing lethal harm to yourself. from his experience, relapse is what prevents a person from ever being free. hes 100% sure hell never relapse on gambling or drugs. his brain has finally understood, schematically, that the above behaviors are fake, illusory, and unnatural. our brain chemistry is the result of millions of years of evolution; Tim doesn't want to ever fuck or tamper with it ever again, and has developed a DEEP respect for himself that never existed before in his life, which is what led him to these behaviors in the first place. If you made it this far, my question is, based on the above history of use and drugs used, will Tim have a shot at physically restoring his brain chemistry to some modicum of normalcy? Having lost 10 years of his life to fake behaviors, can he still play video games. Do video games rank with these nasty things that exist, or is it a real form of dopamine release? Video games have never caused these kinds of problems. In tim's opinion, the worse they can do is take up a person's time. Clean from smoking (cigarettes / dry weed): 1.1 years Clean from cocaine: 1.1 months Clean from gambling: 48 hours Clean from all other drugs mentioned: 11 years He uses a vaporizer pen to heat live resin oil now in the evenings, probably safer than a beer or glass of wine, and the primary reason was able to quit smoking. Thanks for your insight, and time.
Stock Market News for Today | NIO Stock News | DKNG, PENN & other Stock Market News [01-11]
Stocks finish at all time highs to close out the first trading week of 2021. What is my opinion on the NIO stock after their latest event? DraftKings & PENN soar after the latest New York developments, let’s talk about this and other stock market news ~Very Long Post~ Hello everyone and Good Morning! So, let’s start with the recap of Friday as we saw the Nasdaq Composite leading the way up over 1% and finished the week 2.4% up, the broad stock market SP500 also gaining more than half a percent on Friday and 1.8% for the week while the Dow Jones rose by 56 points and finished 1.6% higher in the first week of 2021, with all 3 big indexes finishing at new all-time highs. We also saw the VIX dropping below 22 again, despite a mid-day spike, as the volatility index dropped more than 23% since the high on Tuesday. We saw an average DAY of trading to close out the week, with average volume and an almost equal number of companies that were advancing compared to the declining ones, as 7 of the 11 SECTORS finished in the green, with consumer Discretionary & Real Estate Leading the way, while the more value heavy industries lagged. For the week though, Energy outperformed, rising by more than 9%, Technology finished flat despite a very bad start to the week after the Georgia election and Real Estate lagged behind, losing 2.5% for the week, as we saw Large-Cap growth companies outperform on Friday, but in this fresh 2021, small & mid-caps have outperformed. Here is the HEAT MAP from Friday, with big gainers coming mostly in the consumer cyclicals, with Tesla, Alibaba & MercadoLibre posting big gains, while the biggest losers were in the gold industry. In THIS short year though, we can see the huge outperformance of the Energy Sector, the Banks and some other names like Tesla & TSM. We also got some economic data, with the latest Redfin report showing a 13% increase in home sale PRICES over 2020, as ACTIVE listings of homes for sales keeps on dropping. The listings have seen a 32% decrease since last year to a new all-time low, though, the average sale to list PRICE ratio finally declined to 99.3%, as the housing market was red hot since June. While December nonfarm payroll declined by 140K, worse than then 75k gains expected and is the first month since April that brings jobs losses with most of the JOBS losses coming from the leisure and hospitality business which has been hit hard again, losing almost half a million jobs, while the unemployment rate did inch lower to 6.7%. So, this week pretty much starts of the EARNINGS season again, with the most interesting ones for me being, Aphria as a read on the cannabis sector, Delta Airlines for a read on how the Airlines are recovering and JP Morgan on Friday, while on the economic front we will see a lot of interesting DATA, mostly starting on Wednesday with the Consumer price index and the Federal Budget, while we continue these with the jobless claims on Thursday and more numbers about the economy on Friday. This week we will also have some IPOs with the most interesting coming from Affirm Holdings, while I really expect to see what Biden SAYS on Thursday as this may be key to a further stimulus or fiscal package. So, NIO DAY came and left me with rather somewhat of a disappointment, though I don’t expect most investors to really look at this, so they will probably jump on the stock again this week, so here is a quick recap of what they announced and what is my opinion on NIO: They announced the first flagship sedan mode, the ET7 which will be AVAILABLE in 2 trim levels with 70 or 100KW battery starting from around $70K and $78K, but the good thing about NIO, and their main competitive advantage is the battery as a service. So, they will make this new sedan available for the same price with either battery pack if you do use the BAAS model at a price of $58K. They also announced the next gen battery swap stations that can do over 300swaps/day, more than 3x the capability of the current one, as they also plan to build another 400 stations that would bring them to a total of almost 600 by the end of the year. The “new battery technology” that they announced was the actual thing that disappointed me. So, they announced a 150KW battery with a claimed range of over 600miles, but that should be in perfect conditions, so expect the actual range to be somewhere in 400mile range, pretty much in line with Tesla’s current capabilities. The Launch DATE for the car is still only Q1 2022 while for the “New Solid-State battery” the timeline is for it to be available by the end of 2022. So, the bad thing is that everything is still at least 1 year away and we have to see if the claimed range for the new battery is real. And there are a couple of big warning signs here with the new battery technology, they actually avoided saying they designed, created or engineered this new tech battery, by saying they will ADOPT this new technology. So, it seems they will adopt this new technology from their current battery supplier CATL. This is an issue as this battery will be available to other manufacturers like Hyundai, Mercedes BMW will get their hands on, so this will not actually be something innovative, ground-breaking or a proprietary solution. Also, I don’t know how big this new Sedan thing is, because the Sedan market is really dying around the world. This new ET7 isn’t competition for TESLA 3, it’s targeted for competition against the model S, which is already a dying segment as you can see from Tesla’s SALES. But on some more positive news, they did announce something better in my opinion, with their Self-Driving Feature, INCLUDING11 8megapixel cameras, as their collaboration with Nvidia will produce a super-computer that will generate up to 8Gigabyte/s of data, with the Nvidia CORE estimated to be 7x better than Tesla’s current computer. Though THIS doesn’t have an official release date and will probably come with the ET7 next year, so, another disappointment as this comp against Tesla will not be a huge advantage once Tesla does upgrade their computers as well. So, for short the main competitive advantages that NIO has right now are that they use the subscription model for both the battery swap technology and for the full-self driving feature which costs around $100/month. This is are very good and smart recurring revenue streams, as they make the entry price for the car much lower and also provide a stable flow of revenues. But… I am disappointed in the “new battery technology” and have to wait for more developments. If this is a common technology that will be used by other car manufacturers, this is effectively not that big of a deal, but if somehow this is their own technology, that would possibly have better implications for the company. So, guys, I own both Tesla & NIO, and I think I might hold off right now on buying any more due to different factors. I think that Tesla has a good future, but this huge run-up has made it a good target for 10-20% correction at any point in the short-term future, while for NIO I expect this to rise in the next couple of days, and I am waiting for it to cool off a little before adding any more to my position. So, yeah, short-term I think both of them have some downside risk, but in the long run, I expect Tesla to trade at over $1000 and NIO to trade over $100. In some other stock market NEWS, we saw gambling stocks like DraftKings and PENN rising on Friday after New York filed bills to legalize online betting in the state. DraftKings also just announced they will bring new stuff like drone racing betting, which is mind-blowing, that they are extending into such things. This is a continuing trend in the US and should be watched for future developments, as gambling will be legalized pretty much all over the US in the near future I believe, and I also expect this sector to be joined by the pot SECTOR, even if it’s really hard to believe there will be a nationwide bill to legalize it, I expect there will be some improvements for the sector, and companies like Aphria which are closer to profitability should benefit from this. On some more sad new, we also saw a 27-year-old Boeing plane crash in Indonesia, this is very sad news, but as the stock market goes, this issue seems to be unrelated to Boeing right now. Indonesia has seen the most deaths in the past decades, with over 104 accidents, as this country is known for bad maintenance, pilot training and air-traffic controls problems. And don’t forget, as I said in my earlier posts, don’t jump on these high-flying small cap stocks at all-time highs, this is a very good moment for this companies to raise cheap capital by issuing shares, with the latest example being BLNK. So, let’s hope for a good day in the markets and the US FUTURES are pointing to a bad open right now, with all 3 big index futures down, as the DOW futures are down over 200 points 🙏Thank you everyone for reading!🙏 Hope you enjoyed the content! Be sure to leave a comment down below with your opinion on the stock market! Have a great day and see you next time❗
My opinion is that buying 10 shares at a time is better than buying in bulk, prove me wrong.
Hey guys, this post is not intended to tell you what to do. I'm not a financial advisor. This isn't my day job. I am not even a day trader. I learned the difference between call and put options like 3 months ago. I don't trade options. I don't even know how yet, to be frank. I recently got an RH account to try to learn how and then this shit blew up. This post is viewable to the general public and is not "insider knowledge". Everything I am about to say, I have gleaned from PUBLICLY ACCESSIBLE DATA. That Hedge funds and other people in the media, the government, and in the general public ALL have access to. This is MORE VISIBLE than even Facebook. Let alone a country club or private "dinner party". Just saying. I am a real person. I am not a bot. I am not trying to screw anyone over. I like the stock I am choosing to gamble my disposable income on and think it will be a good investment regardless of the action over the next few weeks. 💎🙌 I CAN earn it back if I have to. I didn't stake my entire savings. I don't advise people to gamble with money they don't have. Not for financial reasons, solely, but more for mental health reasons. Bias disclosure: I currently have 1882 shares of AMC at an average price of 9.27$ and I occupied Wall Street for a bit after the financial crisis, mostly on reddit as I was in medical school at the time, and supported occupy the SEC. Please see my post history. It's all there in the top posts. I have nothing to hide as I know I am a valued member of our society, I pay my taxes, I treat mental illness, I follow the law, and I don't normally gamble. This is not about the money for me personally, it's about principle. It's my token of rememberance for the failed actions of our government to hold these types of people accountable for the great recession and the subprime mortgage crisis. Also, WSB just happened to stumble upon these criminal vulture firms, in the act of active company rape and decided to give them a licking. If you were interested in GME and were one of the people on the other side [IE at one of these firms] reading the discussion over at WSB should have been your job as a form of market research. If you missed the warning, it's not Reddit's fault. If you suck at your job, it's not Reddit's fault. I don't see how pinning them in that position was illegal. It wasn't planned, it wasn't private. It developed organically like a movement. It continues to grow. Silencing us will only make it louder. You need to level the playing field and regulate the markets. What they did to defend themselves was illegal. The manipulation of the market and the media was illegal. The restriction of buying was illegal. The algorithmic ladder attacks were illegal. Thus I will hold the line, as I HAVE been since Tuesday. It's been a wild ride and I'm tired of this shitshow. I want to get back to normal investing after this fiasco. It's much better for my sleep. *So here goes my theoretical question. AGAIN, I AM NOT saying you SHOULD do this. What you do is your call. I am asking if this has been done before or if it even can be done. I'm a n00b. Educate me. I'm trying to learn how the arena works. Like how it really works. If short ladders by algorithms are being used to artificially deflate the stock price. IE: tanking the price of AMC with low trade volumes that they simply pass amongst themselves. I think yesterday it was 5% buy and hold and 95% sell for AMC but each time with low volumes in a very predictable pattern. (Trey from the link below explained it very well several times better than me.)... What prevents retail traders from spacing out their purchase orders to 1-10 shares at a time and holding. Wouldn't that be better than just impulse buying 100 shares because you want in and you like the stock? Would it do the same thing as short laddering but in converse? Just curious. Would like to hear your opinions. I've been watching this channel to learn about AMC action and markets in general and it has been super educational. *I am not investing in AMC to make a quick buck. I am not a day trader or a pump and dumper. I am doing this because I think AMC will not die from the pandemic, was artificially deflated by vulture hedge funds, almost to the point of bankruptcy, and will NOW be able to pivot into a better business model with fresher screens, Hollywood exclusive releases, fancier theaters, pent up demand, etc., with the new capital and public interest. People LIKE the MOVIES. I grew up in NJ and movie theaters were a HUGE part of my life and many of my most memorable moments occurred at the movies. They make me warm and fuzzy. They have a certain nostalgia for me personally and I like supporting local business when I can. [I know AMC was bought by China, but the staff are all local]. In my opinion GME has an antiquated business model bc I buy games on STEAM and online. AMC was only struggling because of COVID and I don't think that otherwise people would completely stop going to the movies. We Americans LOVE going to the movies. I love going to the movies. That's just my opinion. Don't hate on me for it. I think that the "real value" of AMC is AT LEAST about 10-20$ which is what they were at before 2020 and it wasn't even their peak value. Even if the real value is closer to 5$, according to the arguments of experts, that's just their fucking opinion. It's a different situation now and I don't agree. Is that my right to disagree with them and pick my own stocks? Or can I only bet on what Fox Business tells me to. Or Jim Cramer. As an individual investor, am I free in this country to spend my money how I want on the stock market, or am I not? Am I free to make my own choices about whether to buy a stock or not? At least I think I should be. If I am not, it will solidify my opinion [and the watching world's opinion] that "free market" capitalism is indeed a farce. It will highly depreciate the value of the American dream and my respect for our current government. Which I was Ecstatic about during Election Day. [Disclosure, Bernie/Liz Bro, who voted for Biden and abstained from voting in 2016 due to bitterness about the primaries. Damn you DWS, you know what you did.] We all know the hedge funds sure are free to buy as much stock as they want to. Apparently even to buy stock that doesn't exist. WTF is that? Glad I found out now. Even if I lost 8k by betting it will be 10$ in 2022 rather than 5$ isn't it my CHOICE when to sell? Am I not free to HOLD the damn stock if in my opinion, I'm willing to consider it a tax on sending a giant reddit shaped middle finger into space to these people that rape companies regardless of the consequences to local staff? These parasites who prefer profit to morality and decency? Who sold their souls in the search of...what?...private islands and yachts? Let THIS MOMENT be your Memento Mori, you soulless motherfuckers. If you have any of it left, now is your time to search for it. Your actions will leave behind a husk of an economy and earth if left unchecked. We the Reddit "Retards" stumbled upon our teeth. For the first time the MARKET BITES BACK AND WE ARE NOT LETTING GO. WE ARE MAKING A STAND. FUCK YOU. We all know that the American Citizens will end up footing the bill anyway in taxes when all those people start relying on the government for survival after you motherfuckers artificially drive their employer into bankrupcy. FUCK YOU. You're already taking my money and you know it. I pay 47% in taxes due to my income and living in NYC. FUCK YOU for evading them with offshore accounts you GREEDY FUCKS. I am willing to lose 8k to do that (send you a message) and to rapidly learn about what is going on to manipulate markets. It's also partially the cost of education in my calculus. I have learned more in one week riding this wave, than in 4 years of getting my Economics degree. Either way, my current buy in as at 9.27 so I will hold at least until I make my initial investment back. I am also disclosing that if the stock goes up to 30$ I will likely SELL enough shares to cover half of my position because I am not a degenerate gambler and have been holding the line since Tuesday and it has taken a toll on my sleep and my sanity. I know I might lose some money and this is a crazy roller coaster. I want to get out most of my investment ASAP and then ride the wave to then END with you all. IF it happens. I know it may not. I don't care. The message seems to have been sent. Seems like they received it. But we don't know who will be regulated and how yet. I am tired of this fight. I don't like it. I don't want to do it anymore. But I stayed in for the principle not the principal, and for the people just finding out about this now to still be able to make a choice about what to do before we release them from the HOLD. This is a constantly evolving situation. Will they censor the media from talking about stocks? Why target Reddit? Reddit is LIKE the media. It's not a private chat room. THESE WORDS CAN BE READ BY ANYONE WITH AN INTERNET CONNECTION AND WE ARE AWARE OF THIS. If it falls, and I lose my money, I don't think the government will come in and save me. I don't expect them to. I EXPECT them to let this play out and not SIDE with these assholes. It upsets me that they seem to have decided to save Vulture capitalists. Anyway, despite my fear of posting this question and the associated rant, I really want to know the answer. Has it been done before by Algorithms pushing stocks higher? Is it possible to make a crowdsourced one? Is it legal? If this gets removed or censored in some way. You have your answer I guess. facta non verba. Thanks. ****IMPORTANT ADDENDUM****: I want to add that I was quite revved up when I wrote this and have had some time to reflect. I want to stress that it is not my intention to lay blame or judge any individual person or organization for the current situation [Of stacked odds in the retail investor vs hedge fund battle]. Emotions run high in the stock market. I know this through experience now. I was angry when I wrote this post. [I am leaving it unedited for posterity and since whoever needed to see it already saw it so removing it would be pointless] This should not become a witch hunt or be personal. These guys and girls are people too. They work for a corporation. They earn a paycheck. They have friends, partners, and families too. I am a person. You, reader, are a person. Don't make this personal. They didn't invent algorithms and weren't the ones that necessarily wanted to take these short positions. The market calculus at the time, dictated that this was a good call for them, it wasn't. We accidentally stumbled upon it on WSB and shit-posted about it until it blew up and they were really in a bind. I understand their calculus to a degree, but I am a "smooth brained" "retard" when it comes to these things. I am learning fast though. I understand that certain companies are likely to fail and it is possible to make a profit off that. My moral views about it are irrelevant as the situation they're in dictates their actions, not my personal views about that. I understand that they're getting screwed at the moment and I'm sorry. I truly hope most of them do not get too damaged by this and have had time to change their positions. But I also believe in the American dream, and think that the people that were able to find a good position in the stock market [the retail investors] should be rewarded. I sincerely hope this doesn't trigger a massive systemic issue and we don't accidentally BREAK the stock market with this action on those stocks. It doesn't seem like that would happen, but again smooth brain here. WE NEED THE MARKET TO STAY ALIVE to have peace and stability in this country. Reddit crew, I beseech you, please understand that the individuals involved are also playing by the rules given to them by the market. The problem I personally have is that the rules are different for the retail investors vs. the big institutions. I don't have a problem with them as people. I don't want to destroy anything or any institutions. That was never my goal as an activist nor as an investor-activist and I can only speak about myself. I just hope they could find it in their hearts to try to understand our outrage and consider playing by the rules or at least letting us play by the same rules. We are attacking them and they don't like it. I get it. In either case, please understand that I am not vested too strongly in either outcome anymore. I am tired and want to return to my regular life and will not be on reddit for a while, nor will I be investing any more money into the stock market for a while... The whole thing has taken it's toll on me and I am going back to my regular life. This is not my war. On the government's side, I also understand that their goal is to enforce the rules. I hope I'm not breaking any here and will remove my posts if I am. I am not trying to cause a revolution. This country has been through too much and we finally have a shot at beating COVID and have a competent administration that can guide us back on the right track. I truly believe that the people in charge now are decent people and will do good for this country. If Biden says no more diamond hands, I will listen to Biden. What I do further with my shares shall remain my business otherwise. I will no longer tell anyone what I am doing with my shares. I realize now that this is not always a good idea and should be done with tact and experience. I am not a financial advisor. But also, financial advice and being one is not a joke. I realize this now. MEMEing about stocks is like MEMEing about drinking bleach. People might listen to you and sacrifice their lives on a losing battle. Not everyone knows the stakes and not everyone knows what they're doing. Now that this is blowing up, people can get really hurt financially. Reddit, we could be putting people in danger. I see this now. So you all, too, reading this, PLEASE be careful. About investing and about what you say on social media. INVEST but INVEST RESPONSIBLY and not with money you can not bear to lose. I pledge that I will personally no longer post any inflammatory shit on Reddit. Because now I'm afraid that WE are suddenly some form of weird market makers and I don't have as many lawyers as the hedge funds. I am tapping out from posting any more about the current battle. I wish you all luck on both sides, truly. In the next round tomorrow. Dear Government: If you want this to end, don't you have the power to delist these "Meme" companies and distribute the shares somehow? If not, the the system is truly stronger than our institutions. If you do this, please make sure people don't lose their life savings somehow. That would be nice. Then, please try to make sure this won't happen again and that the SEC actually regulates and prosecutes people so their calculus isn't that the fines are too low to justify following the rules. [Just my humble opinion as a smooth brain with limited experience of markets. Do what you think is best and I will obey the laws as an individual]. Sorry you might disagree hedge fund guys and girls, but I am entitle to my opinion in a free country. This is my platform. You can have CNN and Fox News. Sorry for saying something. I promise this is the end of it. But also, a lot of market makers on TV seem to assert that the market will self correct and I don't see how this should be a large risk for overall wealth. Who knows, none of us can predict the future. But I think if a bunch of Reddit "retards" get a couple hundred thousand bucks, it won't change the overall situation or necessarily be a net negative; and may in fact trigger a renaissance in this country. You'll still be the biggest fish, just in a more biodiverse pond. It may just create a new class of petite bourgeoise in this country. But it is not likely that if they win, it will cause something like the French Revolution. There will be losers and winners, but in the end, it will be a good story for Hollywood. [Hopefully played on an AMC screen in a post covid world] But what do I know, I'm a just another "retard" on reddit. I hope that after this, you are all decent humans at the end and don't break any law on all sides. [Reddit, Retail investors, Government, Hedge fund investors, etc] I hope we don't break the market over this. If that is a true risk we need to make the market unbreakable or this WILL keep happening. If anyone is resentful about losing future gains on a good position so the government can fix the market, don't be a fucking greedy idiot and look at what we've achieved so far. This is already a big win for the small guy. And if our markets are vulnerable, the next winners will not be idiots on reddit. But will likely be our enemies from abroad. Not to name names. We will ALL benefit more from long term stability than short term gains. We MUST come together as a country so we can spend that money in the future for things. If we break the stock market, we will not be able to buy things with all that worthless money. But if the system isn't at risk, I don't understand what all the hullabaloo is about. There have been countless bubbles before. Why weren't those regulated as much. Maybe they were and I'm an ignorant smooth brain. In any case, I hope that we can stop fighting over carcasses for greed. This was always about making the rules of the casino fair for me, personally. It's not life or death. I'm not an extremist or an ideologue. It's not about burning down the casino. I hope that the government will intervene if they think it is going to short circuit the whole thing and that people reading this gamble responsibly. This will be my last post about this as I have a life to live. -Tememachine OUT. EDIT 2: Now they're making fun of the movement. Fuck Wall Street. I hope they get what's coming to them one day. [In terms of regulation and prison sentences] I'm still out of this war. But seriously. Fuck them.
Stock Market News for Today | NIO Stock News | DKNG, PENN & other Stock Market News [01-11]
Stocks finish at all time highs to close out the first trading week of 2021. What is my opinion on the NIO stock after their latest event? DraftKings & PENN soar after the latest New York developments, let’s talk about this and other stock market news ~Very Long Post~ Hello everyone and Good Morning! So, let’s start with the recap of Friday as we saw the Nasdaq Composite leading the way up over 1% and finished the week 2.4% up, the broad stock market SP500 also gaining more than half a percent on Friday and 1.8% for the week while the Dow Jones rose by 56 points and finished 1.6% higher in the first week of 2021, with all 3 big indexes finishing at new all-time highs. We also saw the VIX dropping below 22 again, despite a mid-day spike, as the volatility index dropped more than 23% since the high on Tuesday. We saw an average DAY of trading to close out the week, with average volume and an almost equal number of companies that were advancing compared to the declining ones, as 7 of the 11 SECTORS finished in the green, with consumer Discretionary & Real Estate Leading the way, while the more value heavy industries lagged. For the week though, Energy outperformed, rising by more than 9%, Technology finished flat despite a very bad start to the week after the Georgia election and Real Estate lagged behind, losing 2.5% for the week, as we saw Large-Cap growth companies outperform on Friday, but in this fresh 2021, small & mid-caps have outperformed. Here is the HEAT MAP from Friday, with big gainers coming mostly in the consumer cyclicals, with Tesla, Alibaba & MercadoLibre posting big gains, while the biggest losers were in the gold industry. In THIS short year though, we can see the huge outperformance of the Energy Sector, the Banks and some other names like Tesla & TSM. We also got some economic data, with the latest Redfin report showing a 13% increase in home sale PRICES over 2020, as ACTIVE listings of homes for sales keeps on dropping. The listings have seen a 32% decrease since last year to a new all-time low, though, the average sale to list PRICE ratio finally declined to 99.3%, as the housing market was red hot since June. While December nonfarm payroll declined by 140K, worse than then 75k gains expected and is the first month since April that brings jobs losses with most of the JOBS losses coming from the leisure and hospitality business which has been hit hard again, losing almost half a million jobs, while the unemployment rate did inch lower to 6.7%. So, this week pretty much starts of the EARNINGS season again, with the most interesting ones for me being, Aphria as a read on the cannabis sector, Delta Airlines for a read on how the Airlines are recovering and JP Morgan on Friday, while on the economic front we will see a lot of interesting DATA, mostly starting on Wednesday with the Consumer price index and the Federal Budget, while we continue these with the jobless claims on Thursday and more numbers about the economy on Friday. This week we will also have some IPOs with the most interesting coming from Affirm Holdings, while I really expect to see what Biden SAYS on Thursday as this may be key to a further stimulus or fiscal package. So, NIO DAY came and left me with rather somewhat of a disappointment, though I don’t expect most investors to really look at this, so they will probably jump on the stock again this week, so here is a quick recap of what they announced and what is my opinion on NIO: They announced the first flagship sedan mode, the ET7 which will be AVAILABLE in 2 trim levels with 70 or 100KW battery starting from around $70K and $78K, but the good thing about NIO, and their main competitive advantage is the battery as a service. So, they will make this new sedan available for the same price with either battery pack if you do use the BAAS model at a price of $58K. They also announced the next gen battery swap stations that can do over 300swaps/day, more than 3x the capability of the current one, as they also plan to build another 400 stations that would bring them to a total of almost 600 by the end of the year. The “new battery technology” that they announced was the actual thing that disappointed me. So, they announced a 150KW battery with a claimed range of over 600miles, but that should be in perfect conditions, so expect the actual range to be somewhere in 400mile range, pretty much in line with Tesla’s current capabilities. The Launch DATE for the car is still only Q1 2022 while for the “New Solid-State battery” the timeline is for it to be available by the end of 2022. So, the bad thing is that everything is still at least 1 year away and we have to see if the claimed range for the new battery is real. And there are a couple of big warning signs here with the new battery technology, they actually avoided saying they designed, created or engineered this new tech battery, by saying they will ADOPT this new technology. So, it seems they will adopt this new technology from their current battery supplier CATL. This is an issue as this battery will be available to other manufacturers like Hyundai, Mercedes BMW will get their hands on, so this will not actually be something innovative, ground-breaking or a proprietary solution. Also, I don’t know how big this new Sedan thing is, because the Sedan market is really dying around the world. This new ET7 isn’t competition for TESLA 3, it’s targeted for competition against the model S, which is already a dying segment as you can see from Tesla’s SALES. But on some more positive news, they did announce something better in my opinion, with their Self-Driving Feature, INCLUDING11 8megapixel cameras, as their collaboration with Nvidia will produce a super-computer that will generate up to 8Gigabyte/s of data, with the Nvidia CORE estimated to be 7x better than Tesla’s current computer. Though THIS doesn’t have an official release date and will probably come with the ET7 next year, so, another disappointment as this comp against Tesla will not be a huge advantage once Tesla does upgrade their computers as well. So, for short the main competitive advantages that NIO has right now are that they use the subscription model for both the battery swap technology and for the full-self driving feature which costs around $100/month. This is are very good and smart recurring revenue streams, as they make the entry price for the car much lower and also provide a stable flow of revenues. But… I am disappointed in the “new battery technology” and have to wait for more developments. If this is a common technology that will be used by other car manufacturers, this is effectively not that big of a deal, but if somehow this is their own technology, that would possibly have better implications for the company. So, guys, I own both Tesla & NIO, and I think I might hold off right now on buying any more due to different factors. I think that Tesla has a good future, but this huge run-up has made it a good target for 10-20% correction at any point in the short-term future, while for NIO I expect this to rise in the next couple of days, and I am waiting for it to cool off a little before adding any more to my position. So, yeah, short-term I think both of them have some downside risk, but in the long run, I expect Tesla to trade at over $1000 and NIO to trade over $100. In some other stock market NEWS, we saw gambling stocks like DraftKings and PENN rising on Friday after New York filed bills to legalize online betting in the state. DraftKings also just announced they will bring new stuff like drone racing betting, which is mind-blowing, that they are extending into such things. This is a continuing trend in the US and should be watched for future developments, as gambling will be legalized pretty much all over the US in the near future I believe, and I also expect this sector to be joined by the pot SECTOR, even if it’s really hard to believe there will be a nationwide bill to legalize it, I expect there will be some improvements for the sector, and companies like Aphria which are closer to profitability should benefit from this. On some more sad new, we also saw a 27-year-old Boeing plane crash in Indonesia, this is very sad news, but as the stock market goes, this issue seems to be unrelated to Boeing right now. Indonesia has seen the most deaths in the past decades, with over 104 accidents, as this country is known for bad maintenance, pilot training and air-traffic controls problems. And don’t forget, as I said in my earlier posts, don’t jump on these high-flying small cap stocks at all-time highs, this is a very good moment for this companies to raise cheap capital by issuing shares, with the latest example being BLNK. So, let’s hope for a good day in the markets and the US FUTURES are pointing to a bad open right now, with all 3 big index futures down, as the DOW futures are down over 200 points 🙏Thank you everyone for reading!🙏 Hope you enjoyed the content! Be sure to leave a comment down below with your opinion on the stock market! Have a great day and see you next time❗
I think that this one has been under-reported somewhat but since I work in the online gaming industry, it showed up on my radar. This SPAC has reached a deal to bring back Paysafe to the market, at a valuation of 9 billions. What is Paysafe? Paysafe Group has been consolidating the market for e-wallets and alternative payment methods for years and went back into private hands 3 years ago. They regroup all the main e-wallets used for online gambling and Forex: Skrill and Neteller and also prepaid cards (to be bought in 7/11 and the like) under the Paysafe brand. Why e-wallets matter in the online gambling market? E-wallets and prepaid cards represent about 25% of the volume of payments in online gambling in UK, Europe, Canada and Skrill/NetellePaysafe are by far the biggest names in this field. https://www.fisglobal.com/-/media/fisglobal/WorldPay/Docs/Miscellaneous/Gaming%20Payments%20Report%202019 Neteller and Moneybookers (as Skrill was known then) were dominating the US alternative payment methods gambling market in the US before they got pushed out in 2007. They still have high name recognition amongst the gambling crowd and web searches in the US for these brands remain high, even if they can’t process much transactions there for gambling since many states don’t have online gambling legislations yet, or very limiting ones. E-Wallets are often the preferred payment method for gamblers since it allows to move money from one operator site to the other quickly and cheaply. They can also use it as a bankroll segregated from their main bank account/CC and on top of that, Paysafe offers loyalty benefits to users based on their transaction volumes. As such, their user retention is very good. The prepaid card business is also a major factor for this stock attractiveness. Prepaid cards to be bought in gas stations or the like are often preferred by gamblers who want to strictly control their gambling or those who don’t have access to a CC (maybe because they gambled too much) or those that prefer cash transactions out of privacy concerns… Why not invest in the gambling operators instead? Operators such as Draftkings or legacy casino groups are going to make money but the regulatory environment is harsh and gambling taxes are crazy in some states and might keep going higher. Moreover, the regulations being so fragmented, many smaller operators push in certain states and not others and the competitive environment is broad. Remember that gambling is a fungible good. There is no difference in the casino games that the operators can offer (same game studios, same rules) and aside from bonuses and the margins on sports bets, the only differentiation is in branding, which is a thin moat on a product that often leaves the users disgruntled (losers). Payments on the other hand are not taxed for their relationship to gambling and there are far fewer players. How does Paysafe make money? The margins on their products are pretty high and Paysafe charges both sides of the transaction in the case of the e-wallets and the merchant side in the case of the prepaid cards. For the use of Skrill and Neteller wallets, Paysafe charges on average 4.5% on the merchant side for deposits and a whooping 9.9% on deposits with prepaid cards… Larger merchants certainly can negotiate these rates down but this is still a healthy fee, much higher than credit card processors. In markets where Paysafe has established domination they charge a small deposit fee to the user and a withdrawal fee. For now, they charge no fees to the US users in a bid to grow market share surely but that will probably end some day. Growth opportunity: For now, the US online gambling market is still very limited. Most states have not legalized, the majority of those who have legalized only did so for sports betting and then a handful have legalized online casino gaming (where the real money is made). The opening up of the market is bound to grow as states need money and more of the world moves online. https://www.playusa.com/us/ It is estimated that the online gaming market could reach 25 billions a year in the US in a few years time and 150 billions worldwide. https://www.gminsights.com/industry-analysis/online-gambling-market#:~:text=The%20North%20America%20online%20gambling,CAGR%20during%20the%20forecast%20period. https://www.grandviewresearch.com/press-release/global-online-gambling-market These revenues do not equal to deposited amounts, they equal net deposits (deposits minus withdrawals). The hold % of online casinos can be anywhere between 50% and 80% depending on how degenerate the market is in a given country but we can conservatively assume 60%. This means that deposits volume in the US alone would reach about 40 billions, Europe about 50 Billions and worldwide 250 billions. That should give Paysafe around 8-10 billions in transaction volume per year in the US alone , another 10-12 billions in Europe and conservatively, another 20 billions worldwide. Valuation estimates: Rough estimates are therefore revenues of about 1.5 billions per year for Paysafe group in a few years for gambling alone. Paysafe claims 1.5 billions in revenues total projected for 2021, with only a third from gambling. Even assuming no growth from the other verticals, this means that the total revenues of Paysafe should grow by 66% with gambling alone in the next 5 years or so. Pysafe is investing a lot into expansion in other areas than gambling, notably video-gaming and remittance so assuming they don’t fuck it up completely, we are likely to see a 3 billions dollar in revenues in the next 5 years. Using Paypal’s marketcap vs revenues, that would mean 50 billions in marketcap for Paysafe… Of course, Paypal is ingrained deeply in the whole of ecommerce and Paysafe is more specialized in gambling which might be shakier and herefore command a lower valuation. The deal details are not fully known but it looks like a current valuation of 9 billions for Paysafe Group upon listing. Based on my estimates, the marketcap could reach 50 billions in a few years time, one US market for gambling fully opens. $BFT is trading at a 25% premium right now, therefore the estimate is 4x on investment over a few years. Obviously you retards are not the most patient bunch but I believe the stock will jump when it morphs and so keep an eye out for the options.
Satta sometimes in India is the Hindi conversion of the term `Gambling`, And affirmative Gambling is against the law in several countries however many of us take part in Satta. The term `Matka` (Matka king or SattaMatka) refers to a pot that's wont to draw numbers. Initially, this game was started in the big apple town of ours. However, in India, It started in Bombay. Currently, it unfolds to the full country. SattaMatka is gambling and Satta King are some folks that run all SattaMatka games. Satta must compete within the up (Uttar Pradesh) most. Satta King game numbers competition and lottery-based game, however currently it's categorized in gambling, and Satta king is currently terribly famed and largely taking part in a game across the globe. Folks are crazy concerning this game. Why is the game Satta King so famed in India? Hello friends nowadays we have a tendency to are getting to mention the SATTA KING game, as you'll tell friends India has an additional population and India employment rate is meager India has additional folks and the general public little businesses do their business by doing business, meantime comes Satta King, Satta King Game the general public play greed to form fast cash, somebody from Satta King Game It does not there's no rule that you just will solely play with a typical quantity, that is why folks in India love the Satta King game, this can be why the Satta King game is a microorganism in India, and it contends plenty. What happens after you play king Satta? Most people erroneously suppose that if they play Satta they'll win and win plenty of cash. However, it happens quite the contrary. These folks are thus fixed in such a game that they lose everything and go bankrupt. As you recognize, only 1 variety from 00 to ninety-nine opens during this game. It implies that during this game, out of one hundred folks, only 1 man gets a lottery. The remaining ninety-nine folks solely lose. And every one of the money from the ninety-nine losers goes to the winner. The percentages of winning during this game are I Chronicles in one hundred. Folks understand that however they still play this game till they're utterly stony-broke. How many types of Satta King game? The Satta King game has no kind itself. Once folks begin a replacement game in Sattaking, folks name the sport when completely different cities, states, and places. Like Gali, Deshawar, Ghaziabad, Faridabad, urban center Morning, Delhi King, Dubai King, etc. contend the foremost all told of India. This game is from an urban center and is operated from there. How much profit are you able to earn with Satta King? Suppose if somebody has bet ten rupees on variety, then if that variety is opened, the user can receive ten x ninety = 900 rupees. Likewise, users can receive 1800 rupees for twenty rupees, 2700 rupees for thirty rupees, 3600 rupees for forty rupees, and 4500 rupees for fifty rupees. The user will invest the maximum amount of cash as he needs in variety and may play as several numbers as he needs. Is it legal to play the Satta King game? The lawfulness of King Satta on-line is decided by the regime wherever the sport has contended. If we have a tendency to talk regarding India gambling is unlawful and if you're caught gambling you'll have to be compelled to pay a hefty fine or serve jail time. Still, many folks play the sport doggo from the authorities. Satta King is incredibly in style in India. Conclusion Just for cash folks, folks of India play this game everyday. Currently, review here what we’re speech communication it like I forever say this can be not a legitimate thanks to winning cash. I even have a special purpose here with the website. I earn cash in spite of what happens with these lottery tickets thus I simply wish to place that out there if you’re stony-broke don’t go obtain a bunch of taking this issue here to win it in all probability won’t probability Super quick Satta King.
The media is one of the Five Eyes (Orwell's Nineteen Eighty Four) of the state, or should we say the predatory capitalist elite and their corporate legal entities veiling their legal persons; and feudalism is alive and well expressed in more colour than ever - advertising and marketing, consolidation of power (purchasing of smaller corporations, producing monstrous shady entities like Tencent), incredibly hawkish startups like Fiverr, UbeLyft, Cameo where the company in question barely even does anything; the right wing "think tanks" that sing the hymn of freemarket fundamentalism, the Nobel Peace Prize that Obama absurdly won (Nobel Prize - mentioned in that Living Color song), the odd yet uncontested way that some TV shows put in more right wing guests than left (BBCQT inviting establishment stooges like Kate Andrews (IEA / Adam Smith Institute) and Isabel Oakeshott), the open neofeudal style by which bosses can fire staff and make up a reason without it necessarily being taken to court (the UK govt played with removing funding for wrongful dismissal cases), the initial turning down of the proposed uk law to make homes fit for human habitation (now finally here for 2020); the general trend of corporations shoving all the risk on the consumer and leaning as much as possible on socialized support thanks to the calculating thinkers working for corporations; the fact that truly left-leaning (not liberal) narrative is never referenced on space-age TV, the likes of which span hundreds of potential channels continuously each day; the fact that we are over 50 years into space-age technology and yet everything beyond computer hardware is firmly chokeheld by private interests seeking to impose an alien power over others for personal gain; the fact that everyone is affected by the way that the popular crowd is drawn to celebrity influence (neofeudalism by any other name, and the cult of personality); the fact that jobs are gated by even subtle presumptive aspects like your accent in what we call in the UK the "glass ceiling"; the irresponsible flooding and underinvesting of the job market by governments that can only see as far as their kickback pay packet; the extent to which music and video game media can be financially elevated without legal restraint (unlike gambling which is at least in the formal/technical sense regulated); the attitudes from product pushers being that they should be immune to criticism or shake it off at every turn, under the river of praise from MBTI Sensing-Perceiving types (artwork and memes and mythos mind a la suspense of disbelief rather than logos thought a la conscious self-awareness and critical evaluation) and by "online reputation management"; the open overt acceptance of power being held over everyone by corporate overlords in the movie industry, video game industry and so on - are we to include then the academic and scientific establishments, and the education institution?; the way that the rich siphoning up wealth from the poor divested communities in greater and greater speed ("money is a means to get wealth - not the wealth itself" —Akala) inherently and invariably means they are accruing more power to embarrass the poor when they encounter them and encumber them systemically and indirectly and take on more sex acts with greater choice by selection (the free market); the fact that the powerful go psychologically and sociologically unchallenged by the common people each day; the fact that figures like this "Jeff Bezos makes 2219 dollars in one second which is double what the average person makes in one week. In one minute Mr. Bezos makes 2219x60=133140 dollars. In one hour Mr. Bezos makes 133140x60=7998400 dollars)." go unconsidered and unchecked and unresearched by most; the fact that there are no interactive programming tools to trace, map and prove the linkage between wealth disparity and all social ills; the lack of people like Jaque Fresco in our world (If memory serves right he had a sit down with the power elite, who would have promptly denied him anything truly leftist in vision); the implicit neofeudal psychological programming that IS advertising; the borrowing and corrupting of natural world semantic meanings for selfish neofeudal aims and means; the direct pipeline from education to military and the mandatory military service which still exists in some countries; the fact that returning a product inherently throws the customer (slave) into suspicion by the seller (master - legal power holder); the very idea of a court system ran by the state and not a jury of 3rd party independent people; the lack of a "fairness and welfare supervisor" in every workplace and the presence of "compliance officer"s; the very "free market" in free market fundamentalism which inevitably and invariably defers to which/whoever market force has the most power (today - money - working capital); the fact that being poor and working in a low pay job literally makes you poorer as you work (in real terms); the predatory and inexcusable nature of gambling; the predatory and inexcusable principle of landlords making money off other poorer humans (it should be the state which intervenes if the state is truly a good state, which we can surmise every government is implicitly claiming of itself by holding power); the lack of naming and shaming of social ills like the Nestle CEO who said water access shouldn't be a human right (God I fucking hate Snopes); the trends of people trying to make money off other people via various scams and the likes of BlackHatWorld and WarriorForum, which are innately neofeudalistic in their function, pointing to a giant pyramid scheme that drags along with the rest of modern capitalism; the innate respect given to media moguls and politicians when they are nothing special; the disrespect and disrepute given to the left wing health services of every nation; the blind acceptance of imposing imagery, themes and connotations left dirtying our minds which we call advertisements; the implicit fraud in denying people growing their own food indoors; that concepts like treason do not for most people extend to The People as an interest group; the incredibly rare use of the justification "For the public interest" and "For the public record"; the fact that the French Revolution is not associated for us in school as the birth of the first human rights (surely a non-feudal society would have no qualms or problems with teaching this truth of human history and progress); being frank about racism being too hot for school; the fact kids are now accessing hardcore pornography but not radical and sometimes dangerous ideologies and thinking; the intellectual and spiritual poverty of our age, and the lack of conscious awareness of what we are doing to ourselves with our time and the mental contents surrounding us (a wise man once said.. you will become what you surround yourself with); the mess of the Internet operated by the modern robber-barons of advertising and web traffic conversion and "upselling"; the open betrayal of the people by governments which can be exposed even in form of statistics and hard truths and evidences; the great silence of modern "intellectuals" and losers like self-help gurus (THE MODERN COURT JESTERS), who couldn't begin to address choice quotes of the great intellectual giants of human history; the platforming of celebrities and people with certain types of contours over their face that are pleasing to look at from every angle, over those humans who are better in substance, expertise, spirituality, etc.; the preservation of neofeudal lord roles in the workplace (the boss), the home (the landlord), the Internet (the website owner or advertisers), the land, parks and golf courses (the land holder or owner), and even the family (the wealth-holder parent(s) you are dependent upon); the appeal to authority; the way a poor person under free market fundamentalism must always choose the product most poorly produced i.e. the most likely to break or malfunction and cause them to lose more money, generally kept within reasonable losses or sunk costs as per investment brokers' "portfolios"; the way that moral and ethical wrong cannot by most people be pinned on day traders, Goldman Sachs starving poor people etc. by the inherent flow of the market, which will always favor the most production of immaterial and material wealth by abstraction. (In other words - although we can't fully know and intuit what will be best to produce in any given scenario, we can actually fundamentally and systemically rule out what will be bad and harmful for society - but not for the market which is the concern of free market fundamentalists); the rise of unpaid internships (strongly neofeudal i.e. the local "lord", the company owner, is "giving you an opportunity" and that's how they see it); the propaganda of war producing poor peoples' children dying for the rich few who control the military-industrial complex and massive amounts of money flowing around for rich interests, e.g. soldiers firing missiles that individually cost more than they earn per year, of course ultimately tied up as a capitalistic move/plot/bid to win more cheap oil; the way that companies are literally designed to offer minimal guarantees, insurances or protections for their workers yet they are keen to take with them each working day most of the material gain produced by each worker (remember I said corporations lean on society?); the protection of "limited liability" companies to lose money, versus the individual people who are enslaved by means of debt they cannot easily erase (this bleeds into a general distrust of the independent person compared to the corporate entity, when the people actually are in earnest and wanting to help one another, except for the psychopathic in society who can be known and traced by their behaviour and early signs in school); the fact that healthcare is not free in all countries despite the common people CONSTANTLY working to uphold the corporate masters and the endlessly rich, some of whom donate money to Internet streamers for a laugh at the shock; the mathematical intuitive rational incompetence of the science establishment, which seems to have no backbone when it comes to neofeudalism and major social issues and ills (they don't even speak up against gambling! WHAT THE FUCK IS THE SCIENTIFIC ESTABLISHMENT DOING AND WHY DO WE NOT PUBLICALLY SHAME THEM AS FRAUDULENT PUBLIC INTELLECTUALS - FOR THE PUBLIC INTEREST AND THE PUBLIC GOOD?) and rather, they seem to be the lapdogs of the elite, continuing to produce inventions which can easily be taken advantage of by the right wing interests - tear gas and rubber bullets for example; the lack of public awareness of state interference in a negative way; the arrival of private police forces; the hierarchy of control of the Internet based on what they call "authority sites" - prioritized by search engines. (I apologize for the formatting but this was a train of thought.)
Made a checklist and need ideas on what I have missed
Got bored and made a country building checklist General Where is your country? How big is your country? What is the population of your country? What is the landscrape of your country Where does mostly the resident lives in? Which part of the country? What are the main industries there? Is it easy to travel around your country? Political Is your country, safe to travel? What are your country's threats? What is the political system in your country? Who is in power at the moment? How is your country dealing with the current financial crisis? What are the leaders of your country is like? Cities Where is the capital of your country? Which city? How would you describe the capital cities and any other main cities? What special attractions can be found in each city? Sports and Games What is the most popular sport in your country? Are there any sports or games unique to your country? When is the best time to watch them? How well your country do in international/interplanet competitions? Are there any sports that foreign visitors practice in your country? Is football or soccer popular in your country? If so, which are the best teams? Weather What is the weather like? Is the weather very different in different parts of the country? Can you describe the seasons? What is the best time to visit? Language What languages are spoken in your country? What language do you usually hear on the streets? How many people speak English in your country? Customs Is there a particular national costume? Can you describe it? Are there any special local dances? What are they like? Are the people generally friendly? What are some special customs or traditions in your country? Do your country have an anthem? Economic What are the principal economic activites of your country? What does it export? History What is the history of your country? Did your country gain independence from another country? Tourism What are the most popular tourist destinations in your country? What makes them popular? Are there any hotels in your country? Are there many opportunities to explore the countryside? Is it easy to find maps and routes? Is there much interesting architecture in your country? Are there many famous artists or authors based in your country? Is there a wide range of shops in your country? Is it safe to drink the water? Animals Is there a lot of wildlife? Are there any deer, wild boar, wolves, bears etc? Can you hunt them? Are there any natural parks? Is fishing popular? Is there any bird species? What are the most popular animals? Other questions What are the regular and severe weather? Have there or is there an civil war(s)? What has been major evironmental disasters What are common allergies do residents have? Do residents work all week? What is the normal schedule? The normal income? What are the rules about magic? Is time travel allowed? Is there space exploration? What are the seasons? What are they like? What are the results of breaking the laws? What are funerals like? What are major festivals? How are they celebrated? What are things poisonous to residents? What is the difference between poor, middle class and rich residents? What are popular shops and restaurants What utensils do people use to eat? Are there street food sellers? Are they legal? What makes certain areas dangerous? What are common hobbies? Are there theme parks? Casinos? Is gambling legal? What the normal smells in certain cities? What are favourite perfumes and deodarants? Is there tensions between different races? What are common living arrangements? How do they deal with old age? Is there nursing homes? Is there gyms? What are favourite exercises? What do they learn in school? What are endangered resources? What are popular landmarks? What is the work ethic like? What are common superstitions? What are considered Controversial Topics? How does election work? Is there magic influence? What are the political concerns? How does the justice system work? Is there conventions that go to your country? Tours? What are the common scams to watch out for? What type of pets do residents have? Are there pet shelters? Pet shops? What type of wild animals and magical creatures are there? Are there farmers and what type of livestock are there? What type of crops? What are primary crops? What type of trees, flowers and magical flowers are there? What are favourite snacks of residents? How does the flora differ from region to region? Do the plants have special or magical properties? Are there any dangerous plants? What are diseases in this country and how do they affect residents and the country? What type of chronic diseases are there? Does magic affect them? How does each city choose to represent themselves? Flags? Certain coloured uniform? What are dangerous weather conditions and how do they affect a day? How does the climate differ in the region? What are the different languages and which are the main language? Are sign language used? What written languages are there? How do residents greet each other? What are considered social taboos? What type of currency are there? Are interplanet/international currency accepted? How many food does certain species need? What are the common building materials? What are the main technologies and how do residents use them? Are there forbidden technology? Are there certain groups that use certain technology? What is the greatest knowledge? Is there libraries? What are the main emergency services? What are the military assistance and when do they come into the picture? What are the rescue groups? Animals? Disaster? Are there younglings scouts? Guides? What ages? What are the races and species? What are the international/ interplanet relations? What are races and species conflicts? What does the country have, that other countries don't have? What goods are transported into which cities? How are they transported? How does the country rely on certain trades? What would happen if a countrywide blackout was to happen? Dangers? How does certain magic work? What are the most dangerous technology level is? What are the laws? What are unwritten rules? Are there specific laws for magic Are there rural and farmland? What are mineral resources? What are natural resources? What are the most expensive items? What are the water and food resources? Poor areas? Dangerous areas? Are there religions and churches? What cults and sects are there? How accessible are certain areas? Are there any that you can't accessible? What are the borders? What weapons do law enforcements use? What types of crimes are committed? What are favourite events? What are Rivals and enemies of your country? Allies? How much of the world is farmland? Forest? Desert? Mountains? Plains? What are the limits of magic and why are these limits? Does any of the flora or fauna collected? Used in food? Spells? What type of society classes are there? What type of drugs are there? How are they accessed? What are the legal punishments? What are the accessable healthcare? What quality of hospitals are there? Can residents access medications easily? How many residents take vaccines? Are there anti-vaccines? What are smaller emergency services? Rural? Will emergency services go to the poor areas? Dangerous areas? What are the special police? Is there a FBI type of police? CIA? NSA? Create City maps What are the architectual styles? Show drawings What type of disabilities are there? Conditions? Illnesses? Does magic affect these? What pandemics have there been? How are disabilities treated? How are mental illnesses treated? How are Invisible Disabilities treated? What disability services are there? Are there magical conditions and illnesses? What prisons and mental insituations are there? What protests groups exist? Why do they protest against these? What laws do they break? What are the main schools? Universities? Colleges? Daycares? Nurseries? How are the educational system rated in compare to other countries? Is it common for residents to have children? Are there limits? What are the unwritten rules to raising children? How does magic affect this? What happens if a child was to go missing? Abducted? How are child abuse dealt with? What if a resident was to go missing? Was abused? Killed? What is considered Forbidden Romance? How are LGBT+ treated? Are they taboo? Respected? What specism/racism is there? What are different species diets? What holidays and traditions are there? Are the residents track? If so how? What type of transportation is there? What type of communication services are you? What are certain magical spell ingredients and artifacts? How are research done? Health? Food? Magic? How does the country handle item recalls? What type of family units are there? How are births handle? In a hospital? What type of legal system is there? Is alcohol legal? What different type of uniforms are there? Jobs? Schools What logos exist for the country? Sports groups? What type of advertising is there? For TV? Streaming services? Internet? Is there social media? Are there preppers? What are they preparing for and what are the changes of it happening? Where are the evacuation shelters? What haunted and abandoned places are there? What man made disasters has there been? Magical disasters? Mass attacks? What has been the worse accidents? What popular brands are there? Design brands for the following Food (healthy, vegan, fast food, restaurants, chocolate etc.) Drinks (coffee, teas, alcohol- beer, wine, spitzlers; soft drinks, juices, milk) Clothing, fashion stores Tv and media platforms (internet, mobile phones, tech, social media, streaming) Drugs (Tobacco, medical use, medication, diet fads) Furniture Decor (for different rooms such as bedroom and bathroom. Kids rooms Toys and things for children and Babies. Kitchenware Household items. Cars Airlines, car rentals, booking websites and agents Trains, trams Car pick up services, delivery services, post services Shopping centres, groceries services Banks, loans sharks Scams like mlms Charities Sports teams and lines Music lines Social medias Stationery items and shops Arts n crafts shop Publishing houses Recording studios Constructions Law firms Disability support and funding Cinemas Movie agencies Theme parks Festivals Threatres Subscriptions services Gyms, weight loss services Specific schools, private schools High elite universities and colleges Search engines Mobile games, board games Smart devices Online shopping Government Celebrities Activists Watches Investors, stock markets Tv shows, current affairs type of shows
Online gambling is legal in Japan, Philippines and Kazakhstan. Some countries like China, Thailand, Singapore, Macao partly allow gambling. In India, online gambling is strictly banned except for... 32 countries allow online gambling only with the local license. For example, Austria, Denmark, Finland, France, the UK, the Netherlands etc. 28 countries prohibit locals from gambling and block sites of local gambling operators. However, foreign platforms can work freely, even if they have no license. Gibraltar and Malta are two European countries which called “tax paradise” for online gambling games as there are no limits for its development. Malta was the first country that regulated the law of online gambling. Nowadays the popular online casinos, poker rooms, and betting offices use the licenses of this country. That means that, even in countries where gambling online is illegal, it’s hard to identify players when they log on at home. It also means that, in a number of countries, not least the US, the status of online gambling as ‘legal’ or otherwise is not always quite as clear-cut as you might have thought. Gambling has been becoming increasingly popular in African countries as well. Between the 54 countries that make up Africa, more than 30 of them have legalized all forms of gambling. Major countries with legal online gambling are Egypt, Kenya, Botswana, Cameron, Ghana, Morocco, Namibia, Zimbabwe, Uganda, and the South African Republic. However, when the country legalized online gambling, a new regulatory authority known as the French Autorité Nationale de Jeux-ARJEL (the National Gaming Authority) was formed to oversee the fast-expanding eGaming sector. ARJEL regulates the online gambling space in France through the issuance of operation licenses. Online gambling is gaining traction worldwide and the number of countries that have legalized this activity is constantly growing. There are a few nations who refuse to even consider the possibility of creating a legal environment for their residents. However, they represent a shrinking minority and the trend is clearly towards fully legalizing and regulating […]
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