KD101

@Bkov9 post 3/31 block from Ricky/Eminence explain pricing?

@KushDaddyOG101 👀

👀 $GTBIF 🇺🇸

@MDoofis @DAGToddBlanche @POTUS Hearing starts June 29th: My best guess is hearing process is done and final rule to reschedule all marijuana issued before end of year, likely in Q3. Seems fast to me!

@ShardiB2 @SignaTrading slippage and fees crush any arb

I like how @SignaTrading finds Prediction Markets Arbitrage opportunities

@SqueezeMetrics The fattest of all fat pitches in plain sight, well done 🍋

$84 was a stupid price. But nor is there enough convexity at $103 to justify being long. Even if more infrastructure burns, you don't get $200 oil futures. A $200 barrel in a spot market does not translate to $200 futures. It's been a nice, wide, tradable range. I'm outtie.

@CitronResearch Zero borrow at Goldman and others. You are not short

1/5 Citron is short $VCX . $VCX is trading at $400+. Its assets are worth $19. SIMPLE MATH. The sponsor was fined by the SEC for paying 200+ influencers to promote their products without disclosure — willfully, for five years. They registered the domain GetVCX.com. Not VCXinfo. Not learnaboutVCX. Get. The domain name itself is the pitch. Their own prospectus discloses "Other Expenses – Marketing: 0.42%" charged to investors — roughly $3 million a year on a publicly traded security. Who is getting that money? . Full thread below. 🧵

In dollar terms: ~$500M of assets trading at ~$9B market cap

Here’s the setup: •Price: ~$315 •NAV: ~$18–19 ~16–17x NAV

In dollar terms: ~$500M of assets trading at ~$9B market cap

Here’s the setup: •Price: ~$315 •NAV: ~$18–19 ~16–17x NAV

@TicTocTick It’s not linear

I have travelled to every continent. No more than 15-20% of any country’s population is intelligent (IQ > 110) & attractive. Using this metric, the US has 60 million. Canada at 5 million. China at 200 million. India at 300 million intelligent & attractive men & women.

@SqueezeMetrics Finally

You have my attention, Mister Dix.

@MichaelAArouet High marginal tax rates, entitlement cuts, surge in capital gain tax receipts from tech bubble. Not repeatable

As I am too young to remember, how on earth did Clinton manage to get from 4% fiscal deficit to 2% surplus? Can it be done again, or was it just luck?

@modestproposal1 The reversion will be fun

weird that whole baskets are doing it too

weird that this keeps happening

@adamtaggart Margin debt as % of market cap no where near elevated levels

Margin debt taken on by investors is now over $1 Trillion and has hit an all-time inflation-adjusted high Record borrowing to buy stocks at record valuation extremes What could possibly go wrong??

@PanteraCapital @HeliusHSDT FD shares outstanding ~157mln?

Why Solana, why DATs, why @HeliusHSDT $HSDT A short thread 🧵

@SqueezeMetrics No, THC.

Tobacco had its comeback. Can we bet on alcohol yet?

@Seawolfcap People are exaggerating actual duration held by banks/brokers and Schwab deposits are stickiest there is. This all fixes itself with either time (roll off and reinvest at higher rates = accretive) and/or decline in rates.

People tell me the BTFP fixes this but negative tangible equity isn't a positive.

@HayekAndKeynes Currently annualizing close to $1T interest payments extrapolated over 75 years would be meaningful on this Y axis?

@KushDaddyOG101 Look at the Y axis

Will Social Security survive? The government has a lot of unfunded liabilities but they also have a lot of future expected cash flow. Clearly the US has more IOUs than income but the magnitude of the situation isn’t as hopeless as some would leave you to believe by just dividing the delta by GDP. It will however require meaningful structural reform and some shifts in tax policy and ideally some growth focused policy to boost GDP (and taxes). To get things in balance. If these don’t happen,which is entirely possible given the absence of adult leaders, then things will gradually get worse (I’m not an MMT believer).