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BREAKING: The Securities and Exchange Commission is preparing a proposal to eliminate the quarterly earnings report requirement and instead give companies the option to share results twice a year, per WSJ
Chicago uber drivers built diff. Some Ubers accept the trip knowing they ain’t coming to get you. hope you cancel & they get a fee. Most hold on for 5 or 10 mins before giving up but Ahmad held on for 45 MINS!
Respect
You lost today, but you gonna be a great scammer one day.
ummm.... lets pretend we are correct that brokers sold synthetic shares to the tune of 10X the free float... Folks like RH would be in a hell of a situation.
If a broker “sold” you a synthetic share (IOU, FTD, naked short, internalized fake), that position doesn’t exist at DTC.
No real share = no warrant.
But your account shows you own the share → which means legally the broker owes you the warrant.
👉 To make good, the broker has no choice but to:
Go into the open market and buy real shares (before record date) so they’re entitled to the warrant distribution.
Or admit they can’t deliver → which would be catastrophic for them (fraud, lawsuits, regulatory exposure).
🎯 Bottom line
Yes — if they don’t already have the real shares, brokers are forced to buy them to meet their obligation to you. That’s why a warrant dividend is a synthetic share stress test: it compels brokers to reconcile IOUs with real stock, and that scramble = potential short squeeze fuel.
i work at meta. hr systems. mostly comp processing. quiet job. stable. sometimes i daydream about retiring in portugal.
today a package hit my queue. base + bonus + equity. looks normal at first glance. then i open the details.
$1,000,000,000
over four years.
plus signing.
plus year 1 minimum: $100m.
i stare at it like it’s a typo. check the name. triple check the level. researcher.
coolcoolcool. so now i have to enter this into workday.
i paste the first number, field throws an error.“value must be below $99,999,999.”
lol. okay. i try splitting it. base in one bucket, equity in another. nope. i try scientific notation. it rounds it down.
the system can’t HANDLE a billion dollars.
i call someone on payroll infra. tell them i’ve got a 10-digit comp packet. they think i’m joking. i forward the req. they go quiet.
“we’re gonna need to escalate this,” someone mutters.
“to who?” i ask.
“god, maybe.”
next thing i know zuck’s chief of staff is in the thread. now i’m in a thread with zuck. because of a number.
then i find out the guy declined the offer.
just said no. no negotiation. no counter. just… no.
i’ve been maxing out my 401k for 11 years & this man said no to a billion dollars like he was skipping dessert.
i close the ticket. delete the draft.
go for a walk.
& then i rethink everything.