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To: robert b furman who wrote (40250)	6/9/2024 12:47:21 PM
From: skinowski	Respond to of 41469

Hi Bob! Ted Kaeppel is a very careful, deliberate, smart guy. I think his post is more part of trying to understanding the current market’s psychology - rather than a description of his own emotion. Just as you describe in your other post, I think that many guys +/- our age have these impulses beat out of them years ago… lol As far as Jim Bianco post - with all respect, he may not entirely understand those “degens” and plays like GME. He thinks they’re following the mob impulse. Yes, I’m sure most do do. But, looked at differently, it’s a somewhat sophisticated market manipulation. They get the word out about an impending attack against the shorts - and other holders of a target stock. Prior to doing this, they make sure they’re fully loaded with calls. Next, thousands of people find out about it via social media - and start buying calls on that given stock. The big houses - the call sellers - will have to start buying massive quantities of the stock in order to hedge their short call positions. Greed - and a short squeeze - kick in, and the stock goes to the skies. Smart players start cashing out without waiting for the top. I don’t know whether or not this is legal. It’s market manipulation. If there is any positive value in this (besides making some rascals rich) - it is an interesting test of the market’s stability and ability to deal with short term dislocations.