GameStop share price as of 4.30pm.

This afternoon.

Further to a Wall Street backlash against trading shares in GameStop, the US video game retailer, whose share value climbed more than 900% since members of the Reddit community WallStreetBets banded together in an effort to push the stock higher…

Via CNBC…

…At some point, the thinking goes, shares of GameStop will stop climbing, either because most of the shorts have given up and are no longer forced into buying the stock to cover losing positions or because brokers or U.S. market regulators intervene.

At that point, human nature kicks in: Retail investors will watch as their paper profits evaporate, and the natural impulse will be to sell, according to the executives, who spoke on condition of anonymity to speak frankly. Latecomers to the party will sell in fear, contributing to a stampede for the exits and a drop in the shares, they added. The same forces that helped the stock catapult higher will contribute to a rapid decline.

Still, there is no telling when a true unwinding will occur or how long it will take. The shares were rebounding sharply in Friday’s premarket, up another 80% to $332 a share, after Robinhood reversed course and said it would allow limited purchases of the stock…

.with millions of Redditors wielding free trading apps, full saving accounts and not much else to do, it’s possible that there is a new playbook for fast gains in the stock market.

This is how Wall Street thinks the Reddit-fueled GameStop trade unravels (CNBC)

Yesterday: Gaming A Rigged System

Owen Keegan, former Director of Traffic Dublin City Council,in 2003

Boo, hiss.

The council is seeking approval from councillors to introduce a 12-month pilot scheme to allow fixed-charge notices to be issued to motorists whose vehicles are blocking bus lanes, cycle paths, clearways and access to driveways.

It is also proposed that such on-the-spot fines will be issued for vehicles parked on footpaths and non-commercial vehicles parked in loading bays, as well as illegally-parked coaches and buses.

In a report to be discussed at a meeting of the council’s traffic and transport committee next week, council officials will outline how clamping vehicles parked illegally in bus and cycles lanes as well as clearways is not the preferred option as it ensures the disruption continues until the owner returns, pays a release fee of €80 and the clamp is removed…

Took your bleedin’ time.

Motorists in Dublin city could face fines instead of clamping (Irish Times)

RollingNews

Behold: the Jaguar Classic C-Type Continuation – an authentic 70th anniversary remake of the legendary Le Mans winning 1951 C-Type complete (and in factory fresh condition) with the original spec  220bhp inline-six engine, plus modern safety features like FIA-approved harnesses and rollover protection.

Each vehicle, configured online here to the buyers own specifications, is vintage race ready.

Price on application.

uncrate

From top: Yesterday’s The Guardian; Luke Brennan

Luke Brennan writes:

Honestly, is the truth important?’ I think it is. Or it should be. It is to me. Not specifically to me, I do like the truth, but, I’m just a bloke, a consumer/user/reader of articles.

But when I see the headline: ‘‘They said I wasn’t hot enough’: Carey Mulligan hits out again at magazine review’ As it did yesterday, on The Guardian homepage I can’t help thinking….and I’m paraphrasing here, that a magazine said that Carey Mulligan wasn’t hot enough in a magazine review.

I think two things, actually. I think Carey Mulligan said it, but I also think, reasonably enough, that she said it, because, well, that is what the magazine said.

Committed fan of Carey Mulligan that I am, I want to know more. I’m sure I wasn’t the only one to click on that particular article, it features highly in the “most viewed” articles on the site.

I am, however, a little surprised when I visit the article, what Carey Mulligan said was a bit different, it was:

Speaking to the New York Times last month, Mulligan said the Variety review “was basically saying that I wasn’t hot enough to pull off this kind of ruse”.

Now, I think we all know the difficult word here is “basically”. Has anyone else had this conversation?

Me: “Are you telling me the truth?”

The Guardian: “I’m basically telling you the truth.”

You can see ‘basically’ is a very useful word when you want to tell the truth, but find it a little inconvenient. You start to use it when you hit your late teens and you work out that you are basically a genius.

So Carey is avoiding an inconvenience here, but where the truth is being stretched, or indeed hidden, is the removal of that word ‘basically’. I’ll show you how that works:

Me: “Are you telling me the truth?”

The Guardian: “I’m telling you the truth.”

I suppose you might be wondering at this stage what the review article actually said about Carey Mulligan?

It’s not really important. But they said:

“Mulligan, a fine actress, seems a bit of an odd choice as this admittedly many-layered apparent femme fatale – Margot Robbie is a producer here, and one can (perhaps too easily) imagine the role might once have been intended for her. Whereas with this star, Cassie wears her pickup-bait gear like bad drag; even her long blonde hair seems a put-on.”

Now I personally think this criticism is unfair. The film is slightly clumsy, but important. It seems ridiculous to think how Carey Mulligan looks has anything to do whether it “works”.

It is diminishing of both the actor and film to see it reduced in this way and raises questions of whether the review author is able to pull off this particular ruse, or was he just looking for a little attention.

What I care a bit more about is the truth, and whether The Guardian feels the recycling of this reduction, with a removal of their own to fan the flames, is worth it.

It just sort of bothers me, as a Joe Schmoe, reader of articles, that they don’t hold themselves to a higher standard. Truth is a good starting point for any article, isn’t it?

Previously: Luke Brennan on Broadsheet

‘They said I wasn’t hot enough’: Carey Mulligan hits out again at magazine review (The Guardian)

‘Promising Young Woman’: Film Review (Variety, January 26)

Rik Daems, President of the Parliamentary Assembly of the Council of Europe, addressing council members this week

The Council of Europe  – an international Strasbourg-based organisation comprising 47 countries aimed at ‘protecting human rights and the rule of law in Europe ‘- has adopted the following ethical guidelines for member states ‘with respect to ensuring high vaccine uptake’…

7.3.1 ensure that citizens are informed that the vaccination is NOT mandatory and that no one is politically, socially, or otherwise pressured to get themselves vaccinated, if they do not wish to do so themselves;
7.3.2 ensure that no one is discriminated against for not having been vaccinated, due to possible health risks or not wanting to be vaccinated;
7.3.3 take early effective measures to counter misinformation, disinformation and hesitancy regarding Covid-19 vaccines;
7.3.4 distribute transparent information on the safety and possible side effects of vaccines, working with and regulating social media platforms to prevent the spread of misinformation;
7.3.5 communicate transparently the contents of contracts with vaccine producers and make them publicly available for parliamentary and public scrutiny…

Covid-19 vaccines: ethical, legal and practical considerations (Council of Europe)

Earlier: Nothing To Read Here

Broadsheet.ie