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Zack Guzman Profile picture
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28 Jan, 4 tweets, 2 min read
Robinhood blocked trading on GameStop and AMC so people are now turning to trade on Webull, a Chinese-owned trading platform

The "free market" is so "free" we are turning to China
NEW: The CEO of Webull tell us the decision to join Robinhood in restricting AMC and GameStop trades came from soaring costs to settle its users trades:

"It wasn't our choice ... this has to do with settlement mechanics in the market."

UPDATE: #Webull has re-opened buy orders on GameStop, AMC and Koss

#Webull says it was able to resume allowing trades on GameStop, AMC and Koss due to the fact its clearing firm was able to secure additional funding and renegotiate collateral agreements with DTCC

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More from @zGuz

Zack Guzman Profile picture
23 Sep 20
Indiana just opted to fully reopen in a Stage 5 return to normalcy

Stage 5 dictates:

• Restaurants, bars, and nightclubs may operate
at FULL capacity
• Conventions, sports events, fairs, festivals and like events may resume
Indiana's positivity rate at last clip was 3.9%.

Keep in mind that New York has held under 1% for more than a month and has STILL not yet allowed indoor dining in NYC to resume (resumes September 30)

Even Florida, with a similar 5% positivity rate, kept bars at 50% occupancy
And even medical experts in Florida weren't pleased with bars reopening at 50% capacity for the same reason reopening clubs in Indiana seems like a bad idea:

"Drunk people don't social distance."
Read 4 tweets
Zack Guzman Profile picture
29 Jul 20
Grading the opening statements from Zuck, Bezos, Cook and Pichai in today's House antitrust hearing, a thread: Image
Jeff Bezos is appearing before Congress for the first time and his prepared statement is making up for lost time clocking in at an amazing 8 pages

-1 for violating Strunk & White’s 17th rule. Brevity.
Bezos also says curbside pickup at Walmart is a threat to Amazon and touts Walmart’s 74% online sales growth. Amazon is still number 1.
-1 for touting a competitor
Read 23 tweets
Zack Guzman Profile picture
26 Mar 20
BREAKING: Final 880-page text of the Senate's $2 trillion bill H.R. 748 (CARES Act) as the vote heads to the floor

assets.documentcloud.org/documents/2005… Image
First up, the vote on the so-called Sasse amendment to address concerns that some Americans would be getting paid more in unemployment benefits to not work than to work
BREAKING: The Sasse amendment to the $2 trillion coronavirus stimulus bill, which sought to correct the fact that some Americans might get paid more per hour to not work ($24/hr) than to work, needs 60 votes and is off to a hot start Image
Read 7 tweets
Zack Guzman Profile picture
16 Mar 20
New York City is shutting down, a thread on #coronavirus

At 8pm all bars/restaurants are ordered to close for takeout only

Some bars, like East Village’s Crocodile Lounge are using that as an incentive to get drink now

ALL BEERS MUST GO! 1/n Image
7-Eleven remains open in NYC, and it wants you to know it has hand sanitizer to battle #coronavirus

Unfortunately, it also has weenies rotating in the open air 2/n ImageImage
Famed concert venue Webster Hall has no names on the marquee with no shows planned due to gatherings of more than 50 people no longer being allowed 3/n Image
Read 11 tweets
Zack Guzman Profile picture
7 Jan 20
Getting mad Windows '95 launch party vibes from @elonmusk at the Tesla factory launch party in China
@elonmusk I mean the similarities are striking 😂
@elonmusk I give @elonmusk two-out-of-five @Steven_Ballmer's for his performance
Read 4 tweets
Zack Guzman Profile picture
26 Nov 19
The world’s most expensive #Thanksgiving dinner is being served at New York’s Old Homestead Steakhouse for $181,000

I went to try it, a thread and an invitation to AMA 😂

yhoo.it/2QU5zSG
First off, the most noticeable thing is the gold-painted, gold-dusted, and gold-flaked $145-per-pound, free-range turkey.

The dinner comes with two of them ($7,800) seasoned in special imported and exotic Middle East spices ($4,000)
Then there is the stuffing, which starts with imported bread from the UK that uses champagne instead of water ($125 per loaf)

It’s then mixed with $600/oz saffron, Alaskan king crab and Maine lobster, Otoro tuna, and topped with golden caviar from the Caspian Sea ($1,800/oz) Image
Read 6 tweets

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