https://www.theguardian.com/us-news/2024/jan/11/alabama-prison-missing-organs
Here’s another take by the guardian.
So the organs were not given to the family after the autopsy even when they’d requested it, nor were they at the university, where the autopsy was done.
Market makers routing buy orders through dark pools to prevent buying pressure from pushing the price upward, while routing sell order to the open market, will cause the price to fall even if the buy to sell ratio is high on the buy side.
Then these market makers would intentionally be temporarily manipulating the price to be on the end of a losing trade, since they bought high and sold low.
Buy to sell ratios are consistently showing higher buy to sell yet price seems completely unaffected.
I’m assuming you’re talking about the bid/ask ratio on the order book, which is a list of unfilled orders. There’s multiple reasons for this kind of market structure, which could be interpreted as either bullish or bearish. They can either be exits for shorts or enters for longs. But objectively, this creates support for the price which prevents it from falling too far down, not necessary causes it to rise.
The rest of your points are valid, but they’re mostly controls to dampen excessive price volatility, which fucks up limit and stop orders.
What correlates to stock price the most isn’t profit or assets, but rather revenue. How large a company is, is based on how much moolah that it’s able to bring in. Looking at GME’s revenue, it’s down to 60% of its highest revenue in 2011, not accounting for inflation. Since its restructuring, it’s had negative EBITDA and negative cash flow. You can say that it’s kind of stopped the bleeding by switching to non-obsolete revenue streams. But overall, it has downsized and it’s still not profitable.
If anything, the price of the stock is Inflated by the hype, rather than suppressed. When DFV bought in, the market cap to book ratio was roughly 0.5, which indicates that it was severely undervalued, especially for such a high profile company. Now it’s around 2, which is around average for a company that’s profitable.
Right. So I do stock analysis, and while a lot of what the gme guys say are technically true, it doesn’t have that much of an impact on the stock price.
As with organizing and revolution, the only thing that really affects the stock price is mass movement. And that is usually affected by potential performance of the company.
If you look at order books, you can see people sink billions into orders, hoping to have the next tick break the trend, only for it to be reversed in the subsequent ticks.
GME is underperforming. Its revenue is declining yoy. It has neither the resources nor a concrete plan to recovery. The only reason it’s been hyped so much was because one person made a lot money and was very public about it. It’s not because of some mythical MOASS. In fact, I suspect that it’s a viral ad campaign by GME perpetuating capitalist realism; you can break the system if you buy the right product (like GME stock)
Contrast with EDU stock (XinDongFang). Though their revenue was massively hit by the new Chinese laws, their financials show that they had a massive amount of cash in the bank, and their stock was extremely undervalued. This shows that they had the potential to pivot to a new market, and that they did, leading to a recovery.
Marx’s das kapital was meant to be a documentation and critique of 19th century working conditions resulting from capitalism. Not a guidebook.
Well, I promise not to share any classified documents on this forum.
how well the economy is doing is only an indication of how much the poor have to gain from socialism.
Believe it or not, that’s always been the case.
Line goes up: the rich make money.
Line goes down: poor people lose money.
Center 60% of the middle income earners, is the standard definition
Lot of nuance here.
First item is that the cost of living differs from state to state, and even proximity to economic centers.
Second item is that some states already do that, and enforce a state level minimum wage, for exactly that reason.
Lastly, 1.5% of Americans make below the federal minimum wage. But to get a more accurate picture, we need to break it down by state, and compare to cost of living instead of minimum wage, which is going to make that proportion go up significantly.
It does, actually.
Youth and young adults is anyone up to age 25.
So anyone who’s homeless that’s 25 and younger, isn’t counted.
You’ll be sad to hear that the number is in the millions. Official homeless stats don’t count youth and young adults. (For some reason)
https://www.ncsl.org/human-services/youth-homelessness-overview
Also, we should note that homelessness isn’t permanent. People do go into and out of homelessness.
There was a documentary about Chinese peeled garlic around 5 years ago.
As opposed to the dictatorship of the bourgeoisie that we have now?
I recommend channel 5 news’ coverage of the immigration “crisis”. It’s a three part series, only two of which is currently released
https://youtu.be/2dQ4-VNaG3s?si=Fc0hTaGFH77Uk0ff