Jake Dodge

[Jake Dodge @JakeDodge17]

@MFDayTrader44 @TheShortBear @epictrades1 Ron Baron is the man: BPTRX (a mutual fund, not ETF) has about 30% of its 10.3 billion in assets in pre-IPO SpaceX. Hence, I own some.

[Jake Dodge @JakeDodge17]

Where did I say South Korea was part of China? Earlier I said "Largely the case in South Korea, too, and maybe Taiwan as well. HK for sure." In fact I've lived all over East Asia and speak the three main languages.
Sorry you can't address my main point, but then there is no answer. IP theft is acceptable in China. Full stop. Ironically that attitude may be turning against China. Recently there was that rumor of petabytes of data theft in Tianjian. Hmm. . . wonder who did that?

[Jake Dodge @JakeDodge17]

"the history of Western civilization is theft of Chinese civilization." -> I realize you are being sardonic, but likely there are indeed Chinese who believe it. And indeed such items as paper (Han dynasty) and gunpowder (late Tang period), and maybe the compass (early in China, but perhaps independently discovered later in Europe) were crucial to western technology.
But what Chinese chauvinists curiously omit is the biggest hole in Chinese technology, one that kept them centuries behind the West until 20th century: mathematics. The Han dynasty classic 九章算經 has its place in the history of math, though one could argue the contributions of the Egyptians, Greeks, Persians, and Indians were of greater importance.
And when Europe emerged from the Renaissance in the 15th century, mathematics accelerated through the development of analytic geometry, advanced algebra (including the use of "imaginary" numbers to solve equations), and especially calculus in the 17th century, leading to a host of practical and theoretical applications in astronomy, physics, chemistry, and engineering. China had no "0", and needed to important "arabic" numbers into order to perform basic math. It was hopelessly backwards.
Hence when the Jesuit missionaries arrived in Beijing in the 16th century they were hailed a savants for their esoteric knowledge of the skies.
In short: the West learned much from China, but especially from the Ming dynasty on, Chinese technology grew increasingly backward due to its total lack, of higher mathematics. The true source of China's century of shame was its profound ignorance of math.

[Jake Dodge @JakeDodge17]

@goddytrader So, why do you care? Reeks of a private agenda.

[Jake Dodge @JakeDodge17]

I am looking forward to the opening of options on SPCX, and in particular the back and forth action in puts, as one group of savvy players bet on downward movement of price while their counterparts eagerly sell them puts to harvest sky-high volatility and seek to acquire shares at a lower price.

[Jake Dodge @JakeDodge17]

@Gaal_ai More Debbie-downer FUD. zzzzz. . . .

[Jimmy @M44_1RJ]

Many accounts on this platform are spreading FUD about a SpaceX IPO and fear scenarios aimed at retail investors to trigger a major sell-off in the market.

Those accounts have huge followings. Not sure if they’re getting paid directly by HFs on Wall Street. Andrew Left used to have such a monopoly to enrich his short position until he was finally caught and charged.

SpaceX is like any other company IPO, just on a larger scale—nothing more, nothing less. The market doesn’t care and has no preference regarding who, when, what, and how much. For every seller there’s a buyer and vice versa. Stocks don’t move in one direction. If you’re selling your crypto or $TSLA to buy this hyped-up inflated IPO, then good luck—you’ll find out if it was a good or bad decision sooner or later. As for me, I’m not selling anything to buy anything- not interested at this point! $SPCX

My $0.02

[Jake Dodge @JakeDodge17]

@M44_1RJ It's so entertaining to see the FUD being lathered on this deal. Some combination of predatory hedge funds, shady overseas actors hoping to diminish the success of SpaceX, and the shrill chorus of anti-Musk democrat loyalists. And yet, I anticipate big success.

[Jake Dodge @JakeDodge17]

At least you tried, thanks for that.
Perhaps you are a true believer and can now sleep with assurance that a dangerous 78-year-old great grandmother has been safely arrested and China is thereby secure. All 人民 on the same political page, all believing the same thing, all praising the supreme leader.

[Jake Dodge @JakeDodge17]

I can roll the tape back easily, as I started using PC clones in South Korea in the 1980s, all pirated software. A friend of mine worked for MS and they did raids of the universities to prove lack of licenses. PRC China was more in the 1990s, when I was living in HK, absolutely no one using official software of any kind ("are you an idiot, here, just copy this"), and the Huaqaingbei market and others in Shenzhen were truly wild for software piracy. 2008 was already very late in the game, as China had leveraged some 15 years of free software to build up the beginnings of its tech district. Basically in China, if you can copy things, then do it, legal or not. I was blown away in Xiamen around 2010 to come across a guy selling "quality fake" high end watches. They were "quality" because they actually had a cheap Japanese mechanical movement, not just a pretend electronic one.
My lasting peeve is this, just as in the case of South Korea's famed Seoul Line #2 in the 1980s ("our technology"), they were lying through their teeth, it was western engineers, China today struts and postures as a tech giant, when to get where are are they cut every corner, stole or otherwise appropriated every device, lived day and night on Github and Hugging face downloading open source software cheerfully provided by idealistic western computer programmers. Still waiting for a great computer language, operating system, novel algorithm, or theoretical advance from China that can demonstrate true originality and not just fineness at copying watches.

[Jake Dodge @JakeDodge17]

The entire personal computer software system in China (and hence all tech before Linux) was built on pirated MS-DOS, MS-Windows, Office, AutoCad etc. etc. Many 100s of millions of copies across China. They paid for nothing. Largely the case in South Korea, too, and maybe Taiwan as well. HK for sure. In current dollars, likely trillions of dollars. The Chinese reaction: "nyah, nyah, so what? we'd do it against, foolish 老外. We can steal at will for the 祖国“.

[Jake Dodge @JakeDodge17]

@KUIDAORE2014 @aierswu @TheDanteMunoz I'm agnostic on the balloon issue.

[Jake Dodge @JakeDodge17]

I have no opinion of the Nanjing Massacre at all. Unlike June 4, I wasn't alive then and don't know anyone who was there. I merely use it as an example of how the PRC takes historical issues long after the event, revives them, uses them for political purposes, in this case teaching hatred for Japan.

[Jake Dodge @JakeDodge17]

Burst out laughing!

Doc. 1: 成文日期：1990年04月10日, 发布日期：2010年12月17日 (!!!)
一九八九年四月中旬到六月上旬,极少数人利用学潮,掀起了一场有组织
It took 20 years to release this BS commendation.
Note the "极少" i.e "tiny number"

Doc 2: One paragraph!
極少數人 "tiny number"

６月３日　一個多月來極少數人在北京制造的動亂，發展成為一場反革命暴亂。駐守在北京城區周圍的戒嚴部隊奉命平息暴亂。４日凌晨，戒嚴部隊實行清場同時進駐天安門廣場，平息了這場暴亂。

So much for my "dissect in detail" request.
The PRC is great at propaganda at times, but not on this issue. It's clearly frightened still of 6.4. Hence 37 years later, they use 5 policemen to arrest a 78-year-old woman in distant Hong Kong, because she used her hands to sign "6.4". The epitome of a weak, scared dictatorship. Chop off her hands, right?

[Jake Dodge @JakeDodge17]

Just my informed speculation from the recent reemergence of the narratives of the Korean War and Nanjing massacre.
Please point me to 6.4 web sites by the government that dissect in detail the (supposedly false) claims of western media on the event.
My strong impression in China is that young people have never even heard what happened, much less grasped the sheer scale of the protests and participation of ordinary Beijing residents and, famously, People's Daily staff, Zhao Ziyang and Wen Jiabao visiting the square, and negotiations with Li Peng, etc. etc.

[Jake Dodge @JakeDodge17]

@Antirugpulls @TheBaylorHomer @grantbelden "Schwab got less retail allocation than Fidelity" -> What is your evidence for this claim? Did you hear it from Schwab directly? From Fidelity? Please give your source, as it is potentially legally actionable by @CharlesSchwab

[Jake Dodge @JakeDodge17]

@loongkingdom Said no American ever. Chinese schools teach "how to overthrow tyranny". LOL!!!
Well-played propaganda at 6.4!!! Triple pay.

[Jake Dodge @JakeDodge17]

@Linahuaa Reeks of shrill envy and technological desperation. Quick solution: steal, copy, steal, copy. It's the PRC way.

[Jake Dodge @JakeDodge17]

On an historical issue the CCP feels it can put forth a credible narrative, such as the Nanjing Massacre, they don't hesitate to flood the domestic media with information. But on 6.4, total silence. Too many people are still alive who vividly remember their own personal experiences, and the state fears their witnessing. Hence the ban this year on even visiting the graves of the dead on June 4.
In another 30 years or so, expect the CCP to put out massive amounts of retrospective accounts of 6.4, carefully curated.

[PoIiMath @politicalmath]

This is really pulling the mask off. The previous narrative was "late ballots always lean toward Democrats, it's just demographics"

But now we are seeing that late ballots always lean toward the specific Democrat who needs more ballots.

That is not possible.