Ok, some of you are probably asking: what the hell is going on with GameStop? How did its market price go from 5 dollars to 500 in a few months? What is a stock market? How money work help plz?!
Alright, well, let me briefly explain now that you probably are seeing mainstream media start their siren machine on an old narrative that they have been essentially keeping under the rug for numerous years…
First, let’s consider that our beloved GameStop has found its way out of bankruptcy and with new management, lots of awesome possibilities can transform the way this company works on a fundamental level. From speculation to reality, one can consider GS going strong into the gamer community, even holding tournaments between store regions and creating a whole new type of entertainment value, as well as possible rumored crypto connections. But don’t hold your breath; nothing is written in stone yet.
Now, how the heck did the price for one share of GSE (the stock symbol for GameStop) go from $5 to nearly $500 in such a short amount of time? Is the company doing that great?? The simple answer is no. The complicated answer involves corrupt bankers and hedge funds over-leveraging their market-making tools… So… let me guide you through some market basics.
People in suits thought GameStop was a dead company.
They sold shares early at a higher price to buy later at a lower price for profit.
Public got fed up with these rich bastards.
Public pushes price higher.
Suits start sweating bullets due to huge monetary losses (over $7 billion since January).
The war rages on as I am writing this.
AMC Theatres is the next target based on countless streamers and forums, and was even identified as 100/100 short squeeze risk on Fox Business.
Edited:
Companies involved first round: GME (01/2021), AMC (06/2021), BBIG, CLOV, BBBY, BlackBerry
Second round currently developing (03/2022): GME, AMC, BBBY, MULN, ATER
At its base, consider a share a piece of official paper that gives you part ownership of a company. If you own 51% of a company’s shares, you can essentially call all the shots (Look at Michael Cohen and GSE).
Nothing really; just like paper money, it’s paper… with a set value target… that inflates. So realistically, it’s nothing, but our economic system decides that we can buy and sell (exchange money for shares) so thus we enter the stock market exchange.
What happened with GSE shares?
Simple, yet complex… so let’s consider the simple factor:
Imagine you have a Charzard Holographic Pokemon card that’s worth 1,000 dollars on the market, but you have no intention of selling it. So I come by (as a hedgefund/banker/suit/shill) and ask if I can “borrow” that card for a week. You say, “Sure as long as it’s in the exact same condition” and I pay you $25 per day of lending. I agree. (Enter the “short selling” concept).
So of course I want to “borrow” your Charzard card not to just stare at it for a week, but because I heard that the price will drop because more cards of this exact kind will be released at the end of the week, thus reducing its value due to increased supply. So I immediately sell “your” card on the market for $1000—its market value.
Scenario One:
6 days later, I waited for the price to drop, and sure enough thousands of new Charzard cards were printed and one card now costs 300 dollars! Hooray! I sold it for $1000, bought it back for $300, and paid you $25 per day (*6 days = $150) and actually made profit! 1000 – 300 – 150 = 550; not bad, huh?
Well yes, this happens with shares as well, called short selling, but now imagine…
Scenario Two:
If more cards never were printed, in fact what if they found out there were far less Charzard cards than initially counted on the market… so now the whole narrative is flipped. That card I sold for $1000 six days ago is now $5000… but I can’t just not return it… what if you were a Mafia boss ready to break my knees and I’m not a fan of sleeping with the fishes (too salty)?
So now I legally HAVE to buy it back for $5000 to return the card back to you. Got it? Good. Now multiply one Charzard by millions of shares that were borrowed and never returned. Starting to get the picture?
So maybe now you can see what happened when hedge funds thought GameStop would go from 5 dollars to 4…3…2…1…0, dead. Why even bother writing papers for a $0 company? You can just clear out all the borrowed shares because they are worthless… well… not when the reddit community took a sniff. You can start seeing how all this became a losing gamble for the suits and ties.
It started with a forum, then it continued to streaming, and recently to mainstream news media… the Naked Shorts were in main focus. (No, not see-through trousers).
As the general public started buying up the shares, the price increased, forcing hedge funds to hold on to their contracts for borrowed shares, praying on their knees that the price will go down below 5 again… but so far their greasy pressed hands did them no service. Due to obvious historic repetition, remember the 2008 crash? Yeah, basically same thing as above, just real estate.
In fact, after 2008, the government made naked shorts (fake shares being sold) illegal, so the subject has now grown into the airwaves of the masses.
As I am writing this, I can’t say that I am also invested in this sporadic event, but I can say that I would never not let an opportunity like this go by. Though it is a very risky bet, it has been bearing fruit so far, like lots of green fruit. Man, it’s almost surreal.
But with a pissed-off public watching their tax money used to bail out gambling men in suits, I am not in the least surprised capitalism finally approaches a re-balancing of justice to those that were pushed to the side and used for bailouts.
WESTERN DIGITAL UPS THE GAME WITH POWERFUL
NEW GAMING SSD WITH NVMe PERFORMANCE
SAN JOSE, Calif., April 5, 2018 – PC gaming is increasingly immersive, with richer and more intense visual content than ever before, and gamers are faced with making technology choices to maximize their experience. To push leading-edge performance, lower power consumption and extended durability for PC gaming systems, Western Digital Corporation (NASDAQ: WDC) today introduced a high-performance Western Digital® Black 3D NVMe™ SSD featuring the company’s own SSD architecture and controller. The drive accelerates data for PC applications to enable users to quickly, access, engage and capture today’s high-resolution video, audio and gaming content. With growing demand for rich content, PCs must have the capability to run intensive applications and enable the 4K/Ultra HD graphics and video content experiences. To move this immense amount of data quickly and seamlessly, Western Digital developed a new breed of SSDs to help remove the traditional storage bottleneck. This M.2 drive features a new NVMe architecture and controller, which optimally integrates with Western Digital 3D NAND. Western Digital’s new vertically integrated SSD platform was engineered from the ground up, specifically architected to help maximize performance for NVMe SSDs, with advanced power management, durability and endurance for the growing range of applications benefiting from NVMe technology. “Today’s gaming applications require increasing capability from their PCs, and this will only continue to advance. With our new architecture and controller, the Western Digital Black SSD integrates our 3D NAND technology with the NVMe interface to enable new levels of performance. Whether it’s a new gaming rig or a video-editing workstation, our innovative NVMe drives will power many existing and future environments that enable data to thrive,” said, Mark Grace, senior vice president,
Devices Business Unit, Western Digital. Western Digital Black 3D NVMe SSD – Built to Boost Gaming Systems
With exceptional sequential read (up to 3,400 MB/s1 for 1TB and 500GB model) and write performance (up to 2,8001MB/s* for 1TB model) combined with up to 1TB capacities, the new drive is ideal for enhancing user experiences in gaming environments that benefit from acceleration of intensive fast data. Additionally, the drives feature up to 500,000 random-read IOPs (for 1TB model) to deliver extreme throughput, which is ideal for multi-threaded applications and data-intensive multitasking environments. The drive offers a five-year limited warranty with up to 600TBW
endurance (for 1TB model). The Western Digital Black 3D NVMe SSD is available in the U.S. in capacities of 250GB ($119.99 USD), 500GB ($229.99 USD) and 1TB ($449.99 USD). The new drives will be available by late April 2018 in select Western Digital retailers, e-tailers, resellers, system integrators and distributors globally.
Western Digital brought TechwareLabs to San Jose for an event surrounding Big Data. We were able to meet key executives, innovators, and the brilliant minds behind some of their most cutting edge tech like HAMR and the new MAMR. We sat down with Dave Tang to discuss Big Data and what it means to you.
WESTERN DIGITAL’S WORLD’S FIRST 14TB ENTERPRISE HARD DISK DRIVES PROVIDE CLOUD AND HYPERSCALE DATA CENTERS BIG DATA CAPACITY
Second Generation SMR Technology Coupled with HelioSeal® Technology Deliver Breakthrough Capacity For Sequential Write Workloads
SAN JOSE, CA — Oct. 3, 2017 — Western Digital Corp. (NASDAQ: WDC), a global data storage technology and solutions leader, today announced that it is providing cloud and hyperscale data centers the capacity required by big data applications with the world’s first 14TB enterprise-class hard drive featuring host-managed shingled magnetic recording (SMR) technology. Western Digital’s HGST-branded Ultrastar® Hs14 delivers 40 percent more capacity and more than twice the sequential write performance of its SMR predecessor, enabling more economical and efficient capture of the growing volume and variety of data.
The future is built on the insights and predictive power of big data. As data grows exponentially, storing it all in an affordable and accessible manner is an ongoing challenge for enterprise and cloud service data center operators. With a focus on total cost of ownership (TCO), the factors of capacity per rack, power consumption, cooling, maintenance, and acquisition cost are all paramount. To combat the big data challenge, Ultrastar Hs14 drives deliver unprecedented capacity leadership and online watt/TB power efficiency for extremely low TCO by harnessing two core complimentary technologies – fourth generation HelioSeal® technology, and second generation host-managed SMR – along with enterprise-class reliability. These mature, field-proven technologies provide the foundation for delivering efficient, quality and reliable performance required by cloud and hyperscale environments, perfect for ultra-dense scale-out storage systems running sequential write workloads. By utilizing SMR technology, Ultrastar Hs14 HDDs offer a 16 percent increase in capacity[1] while keeping highly predictable, highly reliable performance.
“Over 70 percent of the exabytes Western Digital ships into the capacity enterprise segment are on helium-based high-capacity drives and continue to support customers with outstanding reliability, performance and value Quality of Service (QoS),” said Mark Grace, senior vice president of devices at Western Digital. “The TCO and reliability benefits of our HelioSeal platform are the foundation of our leadership in high-capacity enterprise storage.”
Ultrastar Hs14 14TB Enterprise Drive Features and Specifications:
HelioSeal Technology: Western Digital’s fourth-generation helium filled drive technology brings the highest capacity hard drive to market much sooner than competing offerings.
Host-managed SMR Technology: Second-generation enterprise storage deployment of host-managed SMR delivers 14TB with no compromise of performance predictability and consistency. Host-managed SMR hard drives are designed specifically for sequential write environments, and will not work as drop-in replacements for traditional capacity enterprise drives.
Reliability: Amongst the industry’s highest MTBF rating at 2.5M hours.
Availability
The Ultrastar Hs14 enterprise hard drive is currently sampling to select OEMs and comes with a 5-year limited warranty. For more information on the Ultrastar Hs14 14TB enterprise drive, visit: http://www.hgst.com/products/hard-drives/ultrastar-hs14.
ADATA Debuts XPG EMIX H30 and I30 Headsetsand SOLOX F30 Amplifier
Premium quality gaming audio coupled with ergonomic design and cross-platform compatibility
Taipei, Taiwan – October 3,2017– ADATA Technology, a leading manufacturer of high performance DRAM modules and NAND Flash products, today launched its first dedicated audio products. The three are XPG-branded as they deliver powerful, clear, and comfortable sonic experiences to enthusiast gamers. The EMIX H30 headsets feature a full-sized, over-ear design with 53mm drivers while EMIX I30 earphones bring an advanced in-ear design with oversized 13.5mm drivers. The SOLOX F30 amplifier (sold paired with EMIX H30 or separately) provides multiple connections, four audio presets, and virtual 7.1 surround. All three products boast an attractive gaming-inspired style, while EMIX H30 and EMIX I30 are universally compatible with PC, Mac, consoles, and mobile devices.
SOLOX F30 – virtual 7.1 surround and distinct audio modes
Precision sound processing enables SOLOX F30 to act as an external audio card and amplifier for PC and Mac. Virtual 7.1-channel surround adds depth to sound and more accurate positioning within games for a competitive edge. SOLOX F30 has four sound presets: game, movie, music, and voice. Multiple connections increase its versatility, and it can output audio to headsets and speakers simultaneously or separately.
Customers can purchase the SOLOX F30 in a bundle with EMIX H30 and a headset stand, or separately.
EMIX H30 – big sound and genuine comfort
The full-size EMIX H30 headsets deliver a wide sonic range with powerful bass thanks to their 53mm drivers. They do so while ensuring complete comfort even during extended gaming sessions thanks to breathable memory foam ear cushions, a self-adjusting headband, and carefully optimized clamping force. The detachable microphone ensures gamers are clearly heard by team members, just as the braided cable and gold-plated connector withstand extended and demanding use without sound quality degradation.
EMIX I30 – strong gaming audio goes in-ear
As most personal audio products for gamers are larger headset designs, compact and mobile in-ear options are rare. EMIX I30 earphones have powerful 13.5mm drivers and a design that fits snugly in ear canals to leave unwanted noise out and enjoyable sound in. Thanks to their oversized drivers, EMIX I30 earphones are able to produce patented 5.2-channel surround sound with a strong spatial effect. While compact and light, EMIX I30 earphones bring gamers impactful sound whether at home or on the go.
Versatile cross-platform compatibility
EMIX H30 and EMIX I30 work driver-free on PC, Mac, PS4, Xbox, Switch, and mobile devices. This means gamers no longer need to purchase dedicated headsets for different devices.
Availability
The XPG EMIX H30 and I30 Headsets and SOLOX F30 Amplifier will be available at Amazon.com and Newegg.com
http://www.xpg.com/en/feature/
http://www.xpg.com/en/feature/
It may not bring anything new on the table in terms of read and write performance but thanks to its low temperatures and electrical requirements and affordable price tag the 7mm thick L200 1TB 2.5-inch hard drive by Toshiba could be exactly what you’ve been looking for to expand the storage space of your laptop and/or game console.
CITY OF INDUSTRY, Calif., Aug. 29, 2017 (GLOBE NEWSWIRE) — Shuttle Computer Group, Inc., one of the world’s leading designers of small form computers, returns to its gaming roots with the new X1 computer series designed for gamers on the go. The Shuttle X1 gaming series has a sleek, bold, and stunning design and is powered by the latest Intel® Kaby Lake-H processor with NVIDIA GeForce GTX 1060 graphics for stunning 4K/Ultra HD. The mini PC is Oculus Ready and designed for players to plunge into their virtual gaming worlds.
Our new X1 has all the guts and brains any gamer wants, and it’s sturdy, powerful, and easy to transport,
said Robert Garcia, product manager, Shuttle Computer Group. Put it in your backpack and bring it to your next LAN party or tournament, plug it in and you’re ready to win.
Its dimensions, 5.6(L) x 5.6(W) x 3.4(H) inches, make it the smallest gaming computer with its specs on the market today. And unlike other gaming systems, the X1 series has its hard drive next to the vents, so air circulates constantly and efficiently. Made with Shuttle’s energy-saving heat sink and airflow technology, the fanless computer runs quiet and cool.
Designed to be ready for Intel® Optane™ Memory, users can swap to an Intel® Optane™ SSD for the highest speed action. With SSD performance and HDD capacity, the intelligent system automatically learns computing behaviors to accelerate play.
With a low voltage of 1.2V up to DDR4-2400 32GB memory, it effectively reduces overall power consumption and delivers stunning 4K/Ultra HD video and ultra-high resolution for total immersion. Offering plenty of I/O ports, the rear panel supports up to five independent display outputs for ultimate group play. Intel Optane™ Memory Technology boosts the system to deliver fast, smooth, and power-efficient gaming anywhere, and its Kensington Lock keeps it secure.
Equipped with a 7th Generation Intel® Core-i5 7300HQ/Core-i7 7700HQ 14 nm processor, the gaming Nano series supports 1.2V DDR4-2400 dual channel memory with a max capacity of 32GB (16×2) for the fastest play anywhere.
With one DisplayPort, one USB 3.0 Type C, and three HDMI ports, the X1 series connects to a wide variety of devices and provides 2A current to support fast charging for mobile devices.
The optional Sound Blaster X-Fi MB5 audio provides gamers with the best sound experience as well. With features like Multi-Channel Speaker calibration, Scout Mode™, and VoiceFX, various sound enhancements can be adjusted for audio realism through headphones.
The X1 series has three iterations:
New My Cloud Home Makes It Easy To Save All Digital Content In One Place And Share And Access It All From A SmartPhone App
Western Digital Corporation (NASDAQ: WDC), a global data storage technology and solutions leader, today launched My Cloud™ Home, a new personal cloud storage solution that empowers consumers to take control of their often-scattered digital content. With the My Cloud Home solution, consumers can easily aggregate all of their photos, videos and files from their smart phones, computers, USB storage, cloud and social media accounts in one central placei. Using their smart phone, tablet or computer from anywhere with an internet connection, consumers then are free to experience and share that content with family and friends.
With their data spread across 14 different devices on average1, consumers are faced with growing, disparate collections of data and no way to easily access it all. Those collections are expanding to an approximately 4.5TB of data per U.S. household in 20172and are expected to grow further with increasing popularity of capacity-intensive applications such as virtual reality, 4K, 8K and 360 video.
“Consumers seek a way to effortlessly consolidate their growing mounds of photos, videos and other files with a solution flexible enough to accommodate content from all of today’s devices – from smart phones to computers and from drones to social sites,” said Jim Welsh, senior vice president, Client Solutions, Western Digital. “Enabling consumers and professionals to master their digital lives from anywhere in the world is a priority for Western Digital.”
Centralize and Enjoy Content
Users can set the My Cloud Home solution to be set to automatically and continuously copy all user content from their smart phone and computer devices. Files from USB flash drives, external hard drives and memory cards (via a USB adapter) can be quickly imported via its USB port. Additionally, users can connect to and transfer content from their social media platforms and favorite cloud services such as Dropbox, Box, Google Drive and Facebooki. Television shows, movies, home videos and music saved on the My Cloud Home can be enjoyed on a smart TV or media player using the Plex™ app. This content can also be enjoyed on a smart phone or tablet device using the My Cloud Home app.
All Your Content at Your Fingertips
From set up to everyday usage, the mobile phone is the control center of the My Cloud Home experience. With the My Cloud Home mobile app users are empowered to share, access and enjoy all of their content from anywhere in the world with internet access. The My Cloud Home mobile app is also capable of managing the My Cloud Home solution to add services, users or even make sure the system is updated with the latest software.
Additionally, for creative content warriors who may need more storage to house their digital library, there is a dual-drive personal cloud option. The My Cloud Home Duo solution provides all the functionality of the My Cloud Home solution plus a dual-drive configuration set to Mirror Mode (RAID 1) to automatically duplicate content onto a second drive for extra peace of mind.
Attendees of the annual IFA 2017 Consumer Electronics Unlimited show in Berlin, September 1-6, can visit the WD booth #112 in Hall 17 of the Berlin ExpoCenter for a demo and hands-on experience with the new My Cloud Home and My Cloud Home Duo solutions.
Pricing and Availability
With no additional service subscription required, the My Cloud Home and My Cloud Home Duo solutions are protected by a two-year limited warranty and are available exclusively now from BestBuy.com in the U.S.3 and at select retailers and distributors around the world3. The My Cloud Home solution has a Manufacturer’s Suggested Retail Price (MSRP) in the U.S. of $159.99 2TB, $179.99 3TB, $199.99 4TB, $259.99 6TB and $319.99 8TB. The My Cloud Home Duo solution has a MSRP in the U.S. of $309.99 4TB, $399.99 8TB, $549.99 12TB, and $699.99 16TB.
WOLFCOM® Introduces VENTURE – The World’s Most Versatile, Wearable and
Clippable 4-in-1 HD Camera
Featuring a Rotatable Camera Head and a Multi-Functional, Clippable Design, VENTURE can be Used as a Body Cam, a Car Cam, a Flashlight Cam and a Livestream Camera; Indiegogo Campaign Launches Today to Fund Product’s Final Development
(Los Angeles, CA) – August 30, 2017 – WOLFCOM, an industry leader in Law Enforcement body cams, today introduced VENTURE, the world’s most versatile, wearable 4-in-1 HD camera. VENTURE features a rotatable camera head and a multi-functional, clippable design so it can be used as a body cam, a mountable car cam, a flashlight cam with four bright LEDs and a livestream camera. With 2.5 hours of battery life (up to 23 hours with optional battery pack), it’s perfect for live streaming to Facebook Live and YouTube Live from anywhere, anytime. An Indiegogo campaign (https://igg.me/at/venturecamera), which has a funding goal of $25,000 USD, features limited Super Early Bird specials of $149 USD (60% off retail) and several other rewards for early backers.
With VENTURE and all of its accessories, the options for photo and video capturing (120-degree Wide Angle lens with no fisheye effect) and sharing are endless. VENTURE, which is made of aircraft-grade aluminum and lightweight at 2.2 ounces, can be combined with additional Point of View (POV) cameras (Eye Vision, Covert Pinhole Button, Night Vision and Headset), allowing the audience to have the same perspective of the user, which is key in recording either sensitive material or exciting in-the-moment
activities such as motorcycle riding, mountain biking, snowboarding, etc. When one of the secondary POV cameras is connected to the VENTURE, the unit’s proprietary Critical Reconnect Technology™ prevents any missed footage if the 2nd camera’s connection to the VENTURE is lost – recording will continue, never missing a beat.
By using VENTURE’s intuitive mobile app, which also acts as a wireless remote control to record video and take photos, users can record and livestream video directly via a Wi-Fi connection to their smartphone. Live video is then streamed using the phone’s 4G/LTE connection (access to a 4G/LTE connection is necessary for live streaming). They can also grant friends private access to their stream. Additionally, VENTURE users can use the Remote Access feature from the app and program VENTURE as a Wireless Security camera to remotely monitor their home, property, kids or pets.
With Facebook and YouTube Live becoming very popular across all generations, we designed VENTURE to be the world’s first wearable Live Stream camera designed for everyone,
said Peter Austin Onruang, founder and president, WOLFCOM. With VENTURE, anyone can be a Star. It’s like having your very own broadcasting studio wherever you go. Just clip the camera where you want, then capture and stream from your point of view – it’s that easy.
YouTube Videos: HERE
Canon U.S.A is very excited to announce the EOS M100 Camera, Four New EF Lenses and Macro Twin-Lite Flash.
An easy-to-use yet powerful camera, the EOS M100 is an excellent choice for those looking to step up from smartphone photography, offering the versatility of interchangeable lenses, optical zoom and the latest imaging technology, without sacrificing size, style or the ability to share instantly.
The new Canon EF 85mm f/1.4L IS USM lens is an addition to the Company’s existing 85mm focal-range lens line-up and three new Tilt-Shift macro lenses: the TS-E 50mm f/2.8L Macro lens, TS-E 90mm f/2.8L Macro lens and TS-E 135mm f/4L Macro lens. Canon is announcing a new Macro Twin-Lite MT-26EX-RT flash. These new products will help provide both advanced amateur and professional photographers the unique photography tools for a variety of applications and solutions including architecture, landscape, food, product and portrait photography.
https://www.usa.canon.com/
