Re:Day trader army loses all the money it made in meme-stock...
by jjoonathan on Monday May 09, 2022 @05:58PM
(#31320350)
Why do the dollar amounts always go
but the reporting happens in proportion / order
? It's a rhetorical question, we all know why, but we don't have to repeat these choices in this thread.
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Re:Day trader army loses all the money it made in meme-stock...
by tmp_anon_22 on Monday May 09, 2022 @06:10PM
(#31320486)
Reminds me of water conservation focusing on personal use versus industrial agriculture in the middle of literal deserts. Or the output of a Toyota Camry versus a container ship.
Re:Day trader army loses all the money it made in meme-stock...
by throwawaylinux on Monday May 09, 2022 @07:52PM
(#31321469)
Same reason we're told to stop eating beef and take public transport to fight climate change, and almost nothing about reducing population or taxing and punishing fossil fuel cartels and profiteers.
Re:Day trader army loses all the money it made in meme-stock...
by LorenPechtel on Tuesday May 10, 2022 @03:49PM
(#31331750)
Yeah. We got stimulus checks we didn't need. I think that was the right thing to do, though--they would have come out a lot later if they had to go through and try to figure out who needs them. Especially since both of us are self-employed, the IRS simply gets the quarterly estimated payments and nothing about what we are actually making until we file the tax return.
PPP was a fraudster's paradise, though. The idea was good, the implementation was not so good.