Internet pal M Eades put together this snappy video for Jay Leo Philips’, “You Might Not Like What You See When You Get There”.
Category Archives: internet3
14 Years a-Twittering
That’s an awfully long time.
I still enjoy twitter. I’ve had to prune who I follow and mute the occasional trending topic, but I’ve got it to a place where I like visiting a couple of times a day.
Good Gamestop postmortem
This Bloomberg Opinion piece does a nice job of explaining the craziness that has happened in that stock over the last couple of days.
It gets a little in-the-weeds when he starts talking about the options strategies and their impacts, but I found the footnotes helpful.
The technical story is just that these two factors—a short squeeze and a gamma trap, if you like—combined to push the stock up rapidly on Friday. Something started the ball rolling—the stock went up for some fundamental or emotional or whatever reason—and then the stock going up forced short sellers and options market makers to buy stock, which caused it to go up more, which caused them to buy more, etc.
Here is a YOLO story, a story of utter nihilism. You know this story. This story is perhaps best told with a series of rocket emojis, but let’s try words instead. The people on the WallStreetBets subreddit sometimes all get into a stock at once. This is fun, a nice social outing in an age of social distancing, a risky but potentially lucrative collective entertainment. Recently they decided to do GameStop. Because, I don’t know, they’re gamers, or because it’s a little comical to pump the stock of a chain of mall video-game stores during a pandemic, or because a lot of professional investors are short GameStop and they thought it’d be funny to mess with them. Or, especially, because their friends on Reddit were buying GameStop and they figured they’d join in the fun. Or all of those things in different combinations. Take one person who’s long for fundamental reasons, add 100 people who are long for personal-amusement reasons like “lol gaming” or “let’s mess with the shorts,” and then add thousands more who are long because they see everyone else long, and the stock moves
Fake Roadshow Captions
I’m a long-time, ridiculous fan of Antiques Roadshow. This twitter thread of fake captions is cracking me up this morning:
these fake antiques roadshow captions are so funny to me
[A THREAD] pic.twitter.com/gRkx5x4p38— welegi. (@welegi) January 7, 2021
not okay
It shouldn’t be colder here in Virginia than it is in Chicago. It just shouldn’t.
Tenacious D on Hot Ones
I’ve been keeping up with them, more or less, and this is the best of the recent bunch. They’re very funny. I especially liked the way The Bomb killed them. Been there, it’s not great.
Instagram “All Caught Up” notification
This surprised me this afternoon.
I have a deep hatred for the algo-driven feed. I use Twitterrific to get my tweets in chronological order but there isn’t a good 3rd party app to use for Instagram.
This seems like an okay compromise. I hate that they won’t just let me see what I want in the order it was posted, but maybe I’m less mad if they still show me everything? I dunno. We’ll see.
Too high
This video purports to be some late-night rascals climbing to the top of a new office building here downtown. And then they climb to the top of the big crane they’re using on the site.
No, thank you.