#Alexis Eke

[familyabolisher]

if you wouldn't mind sharing, what did schitt's creek do disappointingly in its story? thank you!

so, like. i mean, i think the show was flawed from the start -- i think a lot of the jokes rely on this image of the, like, small-town 'hick,' that in turn relies on a pretty hefty set of classist assumptions that i don't think dan levy was, you know, interested in interrogating in any serious way. i don't watch sitcoms for their revolutionary politics lol but there were certain moments in eg. roland and jocelyn's characterisation in particular that left an incredibly bad taste in my mouth. (ftr i think season 1 is pretty poor, 2-4 are genuinely good tv, 5 + 6 are a mess.)

but my specific frustration was -- so, at the end of season 4, we see moira despondent that the crows have eyes 2 was shelved; we also see the culmination of a season's worth of work having gone into the community production of cabaret. from here, the plot beats seemed so obvious to me that i was literally like certain i knew how moira's arc would end: clearly, this was an opportunity for her to realise that pursuing the sort of 'fame' she had before was a losing battle that was making her unhappy (and had always made her unhappy!), and that she could find genuine fulfilment through pursuing the kind of 'local,' small-town community opportunities that cabaret was supposed to represent. i mean obviously i have my various communist gripes with this position, but like, by the standards i hold sitcoms from nepo babies to, it's fair enough! it's a compelling enough response to the setup of the show -- the roses have lost everything and have to learn to live without everything. moira relied on a seemily fictitious narrative of public adoration; an insanely easy way to eke some character growth out of her would surely be to have her realise that small, local projects with her friends bring her a joy that public validation never could.

but, like. by the end of the show, moira gets back on the showbusiness ladder, to the point where her old show is rebooted. johnny gets a foot back in the business world. alexis is a businesswoman. david is a businessman! david chooses to stay in schitt's creek whilst the others leave for NY and cali, which is a compelling enough narrative choice on its own, but like -- come on, he opens a v bougie business and Gets Married and whatever the fuck else, it's boring, it's the same old narrative of assimilation into the bourgeois classes. it makes for a nice contrast against the end of season one but i don't believe he's a fundamentally changed person; he's just found a way to make his old tendencies make sense in a new setting.

there's a sense that the lives of the roses essentially reset; that they've been given the opportunity to return to their old lives, taking the 'lessons' they were able to learn from their time in schitt's creek with them. if anything's been "learnt" then it's these v individualist perspectives on, like, bootstraps and hard work; david and alexis have graduated from being nepo children into people with a legitimate intellectual claim to the bourgeois class. johnny has proven himself as a businessman. moira has uhhhh put on a production of cabaret, which justifies her going back to the old life that clearly made her miserable. like -- there's no sense that their old lives were bad, just a sense that they hadn't quite earnt the right to them yet. and in that, everyone in schitt's creek ends up ultimately reduced to a vehicle by which they can earn the right to their bourgeois status. it's a v nasty ethos, and as much as i find individual points of the show pretty funny (like, funnier than your average sitcom), i just -- like, it's so cruel at its centre?

#ask

[wildrangers]

Who I Write For & Masterlist // NHL

Players (organized by teams)

Anaheim Ducks

Jamie Drysdale

Trevor Zegras

Buffalo Sabres

Erik Johnson*

{Setting the Scene}

Tyson Jost

Devon Levi

JJ Peterka

Mattias Samuelsson

Jeff Skinner

Carolina Hurricanes

Pyotr Kochetkov

Andrei Svechnikov

Colorado Avalanche

Alexander Georgiev

Florida Panthers

Matthew Tkachuk

Minnesota Wild

Matt Boldy*

{Summer Lovin'}

Jonas Brodin

Joel Eriksson Ek

Mason Shaw*

{The Bear Dilemma}

Montreal Canadiens

Cole Caufield

Arber Xhekaj

New Jersey Devils

Jack Hughes*

{Can This Be a Real Thing, Can It?}

Nico Hischier*

{If It's Meant to Be}

Timo Meier*

{Sweet Like Cinnamon} (Summer Fic Exchange 2k23)

New York Islanders

Mat Barzal

New York Rangers

Will Cuylle*

{Millenium Falcon}

Alexis Lafrenière

Ryan Lindgren*

{If You're a Bird, I'm a Bird}

{Say Don't Go}

{Warrior}

K’Andre Miller

Jimmy Vesey

Ottowa Senators

Josh Norris

Tim Stutzle

Seattle Kraken

Vince Dunn

Toronto Maple Leafs

Auston Matthews

William Nylander

{The Planets and the Fates and All the Stars Aligned} (Winter Fic Exchange 2k24)

{"Slut!"}

Joseph Woll

Vancouver Canucks

Anthony Beauvillier

Elias Pettersson*

{Home} (Winter Fic Exchange 2k23)

Quinn Hughes*

{Oh Captain, My Captain}

Notes: Feel free to request someone that's not listed, I just may not be super familiar with them. Also, I don't write for anyone under 21 or who is married.

23-24 Update: If a player is crossed out, I've previously published for them but will not be doing so moving forward.

#nhl blurb #nhl fic #nhl imagine #nhl imagines #nhl fanfic #minnesota wild imagine #minnesota wild blurb #new jersey devils blurb #new jersey devils imagine #new york rangers blurb #new york rangers imagine #vancouver canucks imagine #vancouver canucks blurb #toronto maple leafs blurb #toronto maple leafs imagine #buffalo sabres imagine #buffalo sabres blurb #seattle kraken imagine #seattle kraken blurb

[ogoradraws]

Alexis Eke

Artist

#drawing #portrait #artwork #sketch #artists on tumblr #black woman art #art #female artists #illustration #pen drawing #black art #black artist #ink art #ink illustration

[alexisgentry]

In the latest episode of our Whatcha Watchin podcast, Kim talks Cocaine Bear and Creed III.

Meanwhile, Alexis was sick at home and rewatched YRF Spy Universe movies Ek Tha Tiger, Tiger Zinda Hai, and War.

We discuss the merits of gore in horror comedies, Michael B. Jordan’s directorial style, how movie star crushes can expose you to new cinema, and why everyone should embrace subtitles.

Check it out now on Trashwire.com or download the audio version from your preferred podcast app.

#podcast #cocaine bear #creed iii #yrf spy universe #movie review

[benbrecht]

Soveel as ʼn bloublasie van tegnesium

Dit is tog ʼn insiggewende oefening om te wonder of ons as mense nie, ten minste deels, benadeel word deur ons eie manier van dink en doen nie. Ons word oor die algemeen aangemoedig om in die oortreffende trap te leef, jy weet, om die beste, slimste, rykste, sosiaalste en gelukkigste te wees. Daar is meestal nie begrip vir of geduld met middelmatigheid of tevredenheid in ons samelewing nie; as jy nie die beste is of wil wees nie, maak plek vir iemand wat wil. Ons soek onophoudelik na nog dinge, mense en ervarings, ons is oor die algemeen onvergenoegd, daar is mos altyd iets beters (of ten minste iets anders). Ons moet droom en doelwitte stel en dan al ons tyd, energie en geld spandeer om daardie doelwitte so vinnig en aanhoudend as moontlik na te jaag. En dan? As jy jou groot droom verwesenlik het? Of dit juis nie verwesenlik het nie?

Deel van my gedagte-eksperiment die afgelope tyd behels die aanname dat mense veilig en seker voel wanneer hulle in ekstreme kan leef. Dit voel op ʼn manier beter om nie grys areas te oorweeg of te erken nie, want dit is heelwat makliker om te glo dat dinge een of die ander is: ʼn Mens is ʼn wintermens of ʼn somermens, jy geniet die see of jy geniet die bosveld, jy hou van pienk of jy hou van bruin. Mense doen oor die algemeen nie goed met teenstrydighede nie, want dit vra ʼn bietjie meer moeite om begrip te hê vir iemand wat van die see hou (soos die uwe), maar ander kere is dit vir daardie iemand genoeg om net te weet dit is daar sonder om sterk gevoelens daaroor te hê. En ek raak nie kwaad as pienk en bruin op dieselfde plek is nie, you do you! Veranderende opinies of gevoelens is soms vir mense te veel en jy word verkwalik wanneer jy spasie kan hou vir verskillende dinge, al is dit sekerlik die kenmerkendste eienskap van gesonde menswees.

Dit maak nie saak waar jy sit nie – of dit op jou stoepkantoor is, besig om e-posse verwoed te antwoord, of met jou seer en bietjie vuil voete omhoog terwyl jy teug aan ʼn witwyn – jou vergestalting van menswees is jou eie. Vir my is dit byvoorbeeld ʼn daaglikse oefening om nie aanhoudend sin te soek in dinge wat gewoon is of bestaan nie, maar om dit te laat wees. My benadering is nie soseer om boedel oor te gee nie, maar om slegs my bes te doen en myself nie teë te sit teen die lewe nie. Ek daag myself uit om terug te kyk op dit wat ek eens op ʼn tyd as belangrik geag het en nuuskierig te wees oor hoekom dit verander het (of juis nie verander het nie). Omdat ek my eie enigma is/word, vind ek dit genadiglik veel minder nodig om oor ander mense se lewens en motiewe te wonder. Daarvoor is ek oneindig dankbaar, want ʼn eenvoudige dog moeilike mantra wat ek nog baie moet herhaal is dat ek ek is en ander mense is ander mense.

My een-ding-red-dalk-ʼn-duisend vir vandag is tweeledig: ʼn Versoek om vandag net in die stellende trap te wees (goed, gelukkig, geduldig) en hierdie aanhaling uit André Alexis se Fifteen dogs (2015): “Human intelligence is not a gift. It’s an occasionally useful plague.”

[webirinci]

Radicle (RAD) Coin Nedir? RAD Coin Yorum, Fiyat Tahminleri ve

Radicle (RAD) Coin merkeziyetsiz bir yazılım geliştirme platformudur. Blok zincir projelerinin kullanımını artırmak amacı ile geliştirilmiştir. Blokchain projelerinin kullanımını kolaylaştırmak ve daha fazla kullanıcının erişimini sağlamak amacı ile ortaya çıkartılan Radicle, gerçekleştirdiği başarılı ilerleme ile kripto yatırımcılar tarafından yakından takip edilir. Radicle (RAD) Coin projesi hakkında ayrıntılı bilgiye ulaşmak için içeriğimize göz atmanız yeterlidir.

Radicle (RAD) Projesi Nedir?

Radicle projesi, açık kaynaklı bir yazılım geliştirme platformudur.  Bu türde hizmet veren yazılım projelerinin geliştirilmesi ve işbirliğinin sağlanması amaçları ile kullanıma sunulmuştur. GitHub tarzı merkezi bulunan birçok platformun yerine merkeziyetsiz şekilde blockchain sisteminde yer almayı hedefler. Radicle platformu, geliştiricilere, ellerinde bulunan kodları merkeziyetsiz şekilde yönetebilme imkânı sunar. Bu anlamda sunulacak her türlü işbirliğine açıktır.  Bu sayede geliştiricilerin daha özgür hareket edebilmelerini sağlayacak uygun zemini oluşturur. Radicle platformu buna ek olarak yazılım projelerinde e önemli bir finansal kaynak olarak kullanıma açıktır.

Radicle Coin (RAD) Güncel Fiyat Bilgisi

Aşağıdaki tabloda 1 Radicle Coin fiyatının kaç TL olduğu ve hacim bilgileri yer almaktadır. Fiyat ve diğer bilgiler aracı kurumlar tarafından sağlanmaktadır. Kesinlik içermez.

Projenin Amacı ve Teknik Makale

Radicle projesi amacı açık kaynaklı yazılımsal projelerin geliştirilmesine ön ayak olmaktır. Blok zincir sistemlerinin kullanılması ile bütün kodların özgürce yönetilmesi amacını taşır. Proje açık kaynaklıdır ve bu nedenle ağ üzerinde gerekli bütün finansal desteği kullanıcılarına sunar. RAD tokenleri, Radicle ağı üzerinde yapılacak her türlü işlemin gerçekleştirilmesinde kullanılır. Radicle Projesi Hangi Ülkenin, Kurucuları Kim? Radicle (RAD) projesi kurucuları Elefftherios Diakomichalis, Paul Frazee ve Alexis Sellier isimli yazılımcılardır.

RAD Coin Nedir?

RAD Coin, Radicle ağı üzerinde kullanılan en temel para birimidir. RAD coin ile Radicle ağı üzerinde her türlü işlem satın alma ve satış işlemleri yapılabilir. Projenin yönetimine katkı sağlamak amacı ile oluşturulan RAD Coin, çok basit işlem ücretleri ile kullanılabilir. RAD jetonları ağ üzerinde yönetime katılmak amacı ile de kullanılabilir.

RAD Coin Yorum

RAD Coin yorumları Radicle platformu üzerinde meydana gelen her türlü gelişmeye göre analistler tarafından açıklanır. Ünlü kripto analistleri Radicle projesinde yaşanan her türlü gelişme üzerinden belirli dönemlerinde RAD coin yorum ve fikirlerini ortaya atar. Yatırımcıların yatırımlarına yön vermeleri için oldukça önemli olan RAD Coin yorumları anlık olarak değişiklik gösterebilir. Kripto yorumcu ve analistlerine göre Radicle projesi gelecekte başarılı gelişmeler ortaya çıkartmaya devam edecektir. Açık kaynaklı olması sayesinde kullanıcılarına özgür bir ortam sunan Radicle platformu, kullanıcılarından aldığı destek ve gördüğü ilgi ile geleceğe dair olumlu vaatler sunar.

RAD Coin Geleceği

Radicle projesi, sahip olduğu blok zincir teknolojisi sayesinde geliştiricilerinin sistem üzerinde her türlü işbirliğine gidebilmesine olanak tanır. Sahip olduğu bu inovatif yaklaşım sayesinde yazılım geliştirmelerinde oldukça önemli bir rol üstlenir. RAD Coin geleceği konusunda yapılan araştırmalar, RAD Coin kripto yatırımlarını önemli ölçüde etkiler.

RAD Coin Fiyat Tahminleri 2023, 2024, 2025, 2026

RAD coin fiyat tahminleri analistlerin gelecekte RAD coinin geleceği yer hakkındaki en temel görüşlerinin anlaşılabilir olmasını sağlar. RAD Coin, birçok analistin yorum konusunda çekimser kaldığı coinler arasında yer alır. Ancak RAD tokenin hem kullanım özellikleri hem de projenin geleceğe dair olumlu gelişmeler vaat etmesi birçok analistin RAD Coin yorumları konusunda olumlu gelişmeler açıklamasına zemin hazırlar. RAD Coin fiyat tahminleri konusunda önemli açıklamalar aşağıdadır; - PricePrediction RAD Coinin 2023 yılında2,95 Dolar seviyelerinde olacağını ve 2025 yılına kadr 6,13 Dolar seviyelerine kadar yükseleceğini savunur. - Ambcrypto RAD Coinin 2023 yılında 2,95 Dolar seviyelerinde kalacağı bilgisini paylaşırken, 20025 yılında coin değerinin 5,57 Dolar seviyelerine ulaşacağı fikrini ön görür. - CoinCodex görüşleri RAD Coin değerinin 2023 yılında 3,56 Dolar seviyelerinde kalacağı ve 2025 yılında 7,50 Dolar seviyelerine ulaşacağı yönündedir.

Radicle Projesinin Benzersiz Özellikleri ve Avantajları

RAD Coin özellikleri şöyledir; - RAD Coin projesi merkeziyetsiz bir yapıya sahiptir. - Radicle projesi açık kaynaklıdır. - Proje blok zincir tabanına bağlı olarak çalışır. - Radicle, önemli bir finansal kaynak olma özelliğine sahiptir. - RAD jetonları kullanıcılara yönetimde pay sahibi olabilmeleri avantajını sunar.

Radicle Projesi Güvenilir mi, İyi Bir Yatırım Mı?

Radicle projesi güvenilir mi sorusu doğal olarak yatırımcıların araştırması gereken bir konudur. Radicle projesi güven veren birçok özelliğe sahiptir.  Yazılım geliştirme sürecinde her türlü özgürlüğü sunan proje, detaylı analizlerin yapılmasının ardından dikkatli şekilde yapılacak yatırımlara uygunluk taşır.

Radicle (RAD) Coin Güncel Fiyat Bilgisi

Radicle (RAD) Coin güncel fiyatı 1,58 Dolardır. RAD Coin fiyatı CoinMarketCap verilerine göre alınmıştır ve anlık olarak değişiklik gösterebilir. Radicle (RAD) Coin Piyasa Bilgileri Radicle (RAD) Coin piyasa bilgileri aşağıdaki gibidir, - Radicle Maksimum Arz Miktarı: 99.999,620,000 Adet - Radicle ATH Değeri: 27,35 Dolar (2021) - Radicle ATL Değeri: 1,35 Dolar (2022)

RAD Coin Hangi Borsalarda Var?

RAD Coin hangi borsalarda listeleniyor sorusuna geniş bir yelpazede yanıt verilebilir. Dünyada en çok tercih edilen ve güven veren kripto borsalarının çoğu Radicle Coin işlem çiftini bünyesinde tutar. RAD Coin listelenen kripto borsalar şöyledir; - Binance - IO - Kucoin - Huobi Global - Kraken - ByBit

RAD Coin Nasıl Satın Alınır?

RAD Coin nasıl satın alınır sorusuna yanıt arayan yatırımcılar RAD Coin işlem çiftinin yer aldığı borsalara kayıt olarak RAD Coin satın alma işlemini gerçekleştirebilir. Bunun için kripto para borsasına üye olmak ve kripto cüzdanına fon aktarmak yeterlidir. Ardından sistemin izin verdiği ölçüde RAD Coin satın alım işlemi yapılabilir. RAD coin satın aldıktan sonra uygun gördüğünüz dönemde coin satma işlemini kendi kararınız ile yapabilirsiniz. RAD Coin miktarını dilediğiniz aman artırabilir ve yatırımlarınıza dilediğiniz şekilde yön verebilirsiniz.   Prb Coin yorum (Paribu coin) Yazımı sizin için  uzun  uğraşlar sonucu yayınladık. Read the full article

[unrequitedsilences]

#alexis eke

[temitop]

THE DIASPORA ISSUE #3

Many of us with immigrant parents struggle with being supported in our creative career path. It often becomes so hard that we end up pursuing something else that makes us miserable, only to please our parents. This has become such a common scenario, that people assume migrant mothers and fathers won’t support their childs creative pursuits. My mother, born and raised in Trinidad, had a hard time pursuing her passion for art. When migrating to Canada at 9 yrs old there were many opportunities for her to become a creative adult but without the support of her parents, she had to let it go. When I was born and started to gear towards the arts, my mother instantly became my personal art teacher (she still is today). She taught me how to sketch, shade, blend colours together –– and most importantly to draw eyes with passion. She has supported me with my art from the very beginning and is one of the main reasons why I felt capable to pursue art. I, a black woman born into Trinidadian and Cameroonian parents, want to bring black women to the forefront of art & design. Black women should not be treated as temporary assets in the art world. It’s time we changed the perception.

Alexis Eke 💜

#alexis eke #art #artists on tumblr #diaspora #immigrants #creative careers #creativity #thediasporaissue #thursday #blackgirlmagic #decolonisation #racism #intergration #exclusion #immigrants children #second generation immigrants #illustration

[cyberhobi]

https://www.instagram.com/p/BsEBBcWHxbl/?utm_source=ig_share_sheet&igshid=tzn7yccydn16

#alissa ashley #alexis eke #art #makeup #instagram #beauty #my uploads

[theartofluxuria]

Alexis Eke

#Alexis Eke #Art #blackgirlmagic

[fyblackwomenart]

Alexis Eke

#alexis eke #alexis.eke #black women #woc #Illustration

[walrusmagazine]

Read the September/October issue of The Walrus now at thewalrus.ca!

Illustration by Alexis Eke (alexiseke.com).

#The Walrus #magazine #magazine cover #September/October 2020 #Illustration #Alexis Eke

[wildrangers]

Hi!! This is your winter fic exchange anon. I have a few questions for you:

1. So based off of the players and themes you selected (Nico Hischier. Quinn Hughes. William Nylander. Matt Boldy. Connor Dewar. Joel Eriksson Ek. Mason Shaw. Kirill Kaprizov. Cale Makar. Jack Hughes. Elias Pettersson. Andrei Svechnikov. Trevor Zegras. Ryan Lindgren. Alexis Lafreniere. K'Andre Miller. Dougie Hamilton. fluff, smut (18+ only), angst - with a happy ending. Reader Insert or OC), do you have a specific set preferences in mind (Ex. you would really prefer if I wrote for Cale Makar/you would prefer anything fluff) or could I just pick any of these things for the story?

2. I like to write based off of songs so do you have any specific songs (or artists) in mind or could I pick any song?

3. Do you prefer for the fic to be set in the winter, around Christmas or New Years or any other winter holiday, or it doesn’t matter to you when the story is set?

4. Do you like 3+1 or 4+1 stories?

5. Do you like already established relationship stories or do you prefer a story that establishes the relationship?

Thank you :)

Hi!! I’m so excited to see what you come up with 🥰

1. So I put a ton of people to make it easier for her to match me up with someone. I’d say my top 5 would be Nico, Cale, Quinn, William, and Joel but again anyone on that list works too. I don’t really have a preference for type of fic as long as it’s resolved at the end. I slightly prefer reader insert but OC would be great too!

2. I LOVE THIS. I am a huge Swiftie but also enjoy Greta Van Fleet, Florence and the Machine, Harry Styles, and Maggie Rogers. If you’re not familiar with those artists though, that’s totally cool and you can surprise me with a different artist/song.

3. Id prefer it to have a winter setting but it doesn’t have to be holiday specific or a huge focal point.

4. YES LOVE THESE

5. I love both equally. I tend to write stories that establishes relationships so I’m always impressed when writers can create an established relationship right off the bat. Whatever your heart desires ☺️

Let me know if any more questions pop up!

#the winter fic exchange 2k23

[trashbending]

https://www.instagram.com/alexis.eke

#alexis eke #kendrick lamar #keke palmer #illustration

[mostlysignssomeportents]

Understanding /r/wallstreetbets

There is no shortage of takes about what's going on with Gamestop (and other surging stocks), Robinhood and Reddit's r/wallstreetbets, many of them contradictory - at least on the face of them. But I think it's possible for most of these takes to be right. Here's how.

First you need to understand the underlying mechanics of the story. Stock markets are fundamentally a way of making bets, including bets on the outcome of other peoples' bets, and bets on the outcomes of *those* bets.

All this complexity creates lots of exploitable opportunities. Some of these opportunities are considered legitimate and are given respectable names like "arbitrage." Others are considered illegitimate, and are called disreputable things like "stock manipulation."

A hypothetical Martian observing all this through a telescope could not tell you which kinds of bets were honest and which were dishonest, because the difference isn't about any objective standard, but rather, about power.

The strategies of powerful people are legit, while the strategies of their would-be dethroners are not legit. Sometimes, even outright frauds are OK if they're done by people with enough power.

If your scam pays out quickly enough, you can sometimes parlay the resulting cash into retrospective legitimization, so even the strategies of the out-group can end up being retconned as legit, if they're successful enough.

That's why Amway isn't illegal: Betsy DeVos's father-in-law was simultaneously the boss of Amway and head of the US Chamber of Commerce, and Gerry Ford was his Congressman, who was then elevated to president in time to legalize its business model.

To understand the Gamestop rise, you have to understand a couple of different kinds of bets.

"Shorting": this is a bet that a stock will go down. There's a complicated backstory to how you make this bet, but it doesn't matter.

The thing to know here is that shorting a stock can make you rich...if the stock goes down. But if the stock goes up, you lose money. There's not really any limit to how much you can lose here.

Every time the stock goes up, the shorts have to pony up more money to keep their bet alive (in the hopes that it will go down again later), or they have to take their losses, pay out the winner of the bet and surrender any chance of winning later.

Shorting isn't just a bet on someone else's failure - it's a way to fund bullshit-detection. If you know (or suspect) that a company is lying about its prospects, you can bet against it.

Shorts fund a lot of research into defective products and scammy businesses, because they win when bad companies are exposed and their stocks go down. Some of the scary security research you read about bad IoT software is funded by shorts.

That's why habitual bullshitters like Elon Musk *hate* shorts. Musk leads a cult of credulous worshippers who buy whatever he's selling. Shorts make bets that Musk's cultists will get deprogrammed. Musk uses this to sharpen his cultists' resolve: "they want us to fail!"

"Options": many different bets get lumped in as "options" but for the purposes of this discussion, buying an option means buying the right to buy stocks later. The people who sell you the option usually go out and buy the stock right away so they'll have it to sell.

"Front-running": Cheating. Front-runners insert themselves into transactions by spying. If I know that Alice is buying a bunch of Bob's shares, I can snap them up a millisecond before Alice gets there, mark them up, and sell to Alice at a profit.

"Retail investor": An "average joe" who buys stocks from a brokerage like Robinhood.

"Institutional investor": Hedge funds, private equity funds, pension funds, index funds, investment banks, etc. Whales and sharks.

"High-frequency trader": A bot. Someone (usually an institutional investor) who uses an algorithm to buy and sell shares very quickly. HFTs might buy a stock and sell it less than a second later (when they're front-running, for example).

With that all out of the way, here's what seems to be going on. Reddit's r/wallstreetbets is a "retail investor" forum of average joes, many of them angry at the scammy, evil stuff that the big institutional investors get up to.

Their grievances are mixed: some are angry that big investors have figured out how to destroy good businesses for money. Some are angry because *only* big institutionals get in on the action when that happens and average joes are locked out of those plays.

They are stuck at home, have little to spend their money on, and - critically - have access to "trading platforms" like Robinhood that let them buy and sell stocks without any fees (institutionals often have sweetheart deals like this, but average joes used to pay to play).

They're getting together to make money and to punish their enemies. The easiest enemies to punish are shorts, because if they push up a stock even a little, the shorts get pounded for millions of dollars.

If they can keep the stock up long enough, the shorts will give up and the average joes will collect their winnings. And the average joes are clever. They've figured out that they don't even have to buy the stocks to force the price up - they can buy cheaper options instead.

An option is a bet. The people on the other side of the bet usually buy the stocks they sell options on. If I buy an option to buy a stock from you and then the stock goes up, you have to go out and buy the stock and sell it to me at a loss.

If you're an option seller who thinks a stock will go up, you protect yourself by buying shares now.

Buying options is a cheap way to get someone else to buy a stock, which pushes the price up. If the price is going up, options sellers will snap up more stock.

There's two prominent versions of the Gamestop story. The first is that r/wallstreetbets represents so many angry average joes that they can "move markets" by buying unlikely shares, like Gamestop or AMC, and confound the markets.

https://marketsweekly.ghost.io/what-happened-with-gamestop/

The second story is that r/wallstreetbets has figured out a hack. They inflict asymmetric pain on shorts (a tiny gain for average joes is a huge wound to the sharks). By buying options, they can eke out tiny gains for a fraction of the price.

https://www.cnet.com/news/reddits-gamestop-stock-surge-is-a-terrifying-new-occupy-wall-street/

But there's a *third* story, and I think it's the most important one. That's Alexis Goldstein's account of what's going on with Robinhood and the institutional investors it's in bed with.

https://marketsweekly.ghost.io/what-happened-with-gamestop/

Recall that all of this is only possible because Robinhood lets average joes buy and sell stocks for free. How can Robinhood give away a service that costs it money and still stay in business? (Hint: They're not making it up in volume).

The answer is: surveillance. Robinhood partners with institutional investors and lets them spy on what the average joes are buying and selling. Sometimes, this is just "market intelligence" ("Hey, people like fidget spinners") but the main event is front-running.

If you're paying Robinhood to tell you what assets its customers are about to buy, you can go out and buy them up first and sell them for a profit to Robinhood's customers.

Or you can buy some of that asset up because you know its price will go up once Robinhood's customers orders are filled.

Or both.

Citadel Securities is Robinhood's main institutional investor partner. Founded by billionaire Ken Griffin, they combine tech (high-frequency trading), an "asset manager" (they spend other peoples' money) and a "market maker" (they sell things like options).

Citadel gets to see all those r/wallstreetbets buy orders before they're filled. They can fill some of those orders, making a profit. They can buy some of the same stock for themselves, making a profit. They can sell options, making a profit.

A little bit of this profit comes at the expense of average joes: if there wasn't a front-runner marking up the stocks they buy, the average joes would pay a little less. But the average joes are still profiting from the destruction of the shorts.

Citadel is merely taxing their winnings. The real losers here, though are Citadel's competitors, funds like Melvin Capital, who were seriously short on Gamestop and went bust thanks to all of this. Guess who bought Melvin at fire-sale prices? That's right, Citadel.

So the third story goes like this: there are a lot of average joes. They're numerous, pissed and smart. They move a lot of money against shorts and make it go farther thanks to the force-multiplier effect of options.

*Then* all this activity is multiplied again by Citadel, a fund that is no better (and no worse) than Melvin or the other targets of the average joes' wrath. Citadel's bots are triggered by the average joes' activity, which turns kilotons of damage into gigatons.

It's not clear whether the average joes know they're triggering Citadel's bots, or whether this is just Citadel's bet on frontrunning average joes paying off for Citadel. It's possible Citadel is the joes' patsy, and the joes are *also* Citadel's patsies.

It's also not clear whether Citadel - and its feuding cohort of competing finance-ghouls - can contain the storm. Maybe they profit off the average joes now, but the joes figure it out and turn their weapons on Citadel and the whole system later.

Remember, the "legitimacy" of a financial strategy isn't determined by its objective decency, but rather by the power of the people who deploy it. If the average joes can attain respectability, they may be legitimized.

But the road to legitimacy is rocky. Yesterday, the finance monopolist TD-Ameritrade halted trading on the stocks targeted by the average joes. Today, Robinhood followed suit. Maybe they fear that they can't control the monster they created?

https://www.theverge.com/2021/1/28/22254102/robinhood-gamestop-bloc-stock-purchase-amc-reddit-wsb

#pluralistic

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2021-22 Alphabetical Directory Fwd A-M

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