Dismal's Smacks

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Nvidia CEO: We’re “on the cusp of” a blockchain and NFT-enabled metaverse. Who else is getting EVEN MORE psyched for the NFT launch in July?!?!?!!?!?!? 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

Source: https://venturebeat.com/2021/06/12/nvidia-ceo-jensen-huang-weighs-in-on-the-metaverse-blockchain-chip-shortage-arm-deal-and-competition/ Reddit Post

TL:DR – I believe inflation is the match that has been lit that will light the fuse of our rocket.

Good evening r/Superstonk, neighborhood jellyfish here! I would like to revisit the CPI report from yesterday while considering Reverse Repos. One thing that happened after the 5% number came out was that junk-bond yields fell to new record lows. Two bonds I would like to share with you all

BOOM, another record! $547.808 Billion in Reverse Repo operations occurred today. Yesterday it was $534.943 Billion 0% to 54 participants. Today is $547.808 Billion 0% interest to 49 participants.

Does this underwriting notice at the DTC mean anything?

Source The Issuers and Barclays Capital Inc. (the “Initial Purchaser”) are putting Participants on notice that they are required to follow these purchase and transfer restrictions with regard to the above-referenced securities. In order to qualify for the exemption provided by Section 3(c)(7) Understanding 3C7 3C7 is one

No more pump and dump to meet margin requirements? The Basel Committee on Banking Supervision is proposing a “new conservative prudential treatment” for crypt0-assets that would force banks to put aside enough capital to cover 100% of potential losses

Source: https://www.reuters.com/business/bank-regulators-plan-conservative-capital-rule-bitcoin-2021-06-10/ Reddit Post

GameStop files form 4 with SEC

Source: https://gamestop.gcs-web.com/sec-filings/sec-filing/4/0001326380-21-000070 Reddit Post

The latest SEC enforcement action leaves me feeling underwhelmed.

Source What they are in trouble for: -Issued a press release claiming they raised $1.7 million when in reality, $0 raised, -$162,800 in illicit profits -Nearly $20 million raised from more than 450 investors in a fraudulent securities offering Actions taken: -The defendants have agreed to settle