Buying – Grover Chamber http://groverchamber.com/ Tue, 22 Nov 2022 16:16:51 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://groverchamber.com/wp-content/uploads/2021/05/default.png Buying – Grover Chamber http://groverchamber.com/ 32 32 Thinking of buying stock in Palisade Bio, Meta Materials, PayPal, Zoom Video or Gap? https://groverchamber.com/thinking-of-buying-stock-in-palisade-bio-meta-materials-paypal-zoom-video-or-gap/ Tue, 22 Nov 2022 15:45:04 +0000 https://groverchamber.com/thinking-of-buying-stock-in-palisade-bio-meta-materials-paypal-zoom-video-or-gap/ NEW YORK, November 22, 2022 /PRNewswire/ — InvestorsObserver issues critical PriceWatch alerts for PALI, MMAT, PYPL, ZM and GPS. To see how InvestorsObserver’s proprietary rating system rates these stocks, view InvestorsObserver’s PriceWatch alert by selecting the appropriate link. (Note: you may need to copy this link to your browser and then press the button [ENTER] […]]]>

NEW YORK, November 22, 2022 /PRNewswire/ — InvestorsObserver issues critical PriceWatch alerts for PALI, MMAT, PYPL, ZM and GPS.

To see how InvestorsObserver’s proprietary rating system rates these stocks, view InvestorsObserver’s PriceWatch alert by selecting the appropriate link.

(Note: you may need to copy this link to your browser and then press the button [ENTER] key.)

InvestorsObserver’s PriceWatch Alerts are based on our proprietary rating methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of these scores is then combined into an overall score that determines a security’s overall suitability for investment.

InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed Main Street investor. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.

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SOURCE InvestorsObserver

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Buying a home is tough, but there are a few tricks to try https://groverchamber.com/buying-a-home-is-tough-but-there-are-a-few-tricks-to-try/ Thu, 17 Nov 2022 19:17:08 +0000 https://groverchamber.com/buying-a-home-is-tough-but-there-are-a-few-tricks-to-try/ The deadly duo of high mortgage interest rates and high house prices has taken a hammer blow to the psyche of the American homebuying public. While house prices have come down somewhat this fall, rising mortgage rates are a huge headwind for homebuyers. These buyers do not receive any price reductions, as the median listing […]]]>

The deadly duo of high mortgage interest rates and high house prices has taken a hammer blow to the psyche of the American homebuying public.

While house prices have come down somewhat this fall, rising mortgage rates are a huge headwind for homebuyers. These buyers do not receive any price reductions, as the median listing price of a home in the United States is currently $425,000.

That alone is keeping many buyers on the sidelines heading into 2023.

“A deterioration in the economic outlook and a further rise in mortgage rates to a 16-year high in September means the housing market is poised for another slowdown,” said Capital Economics real estate economist Sam Hall. “We estimate that mortgage payments as a share of median income reached 26% in September. That’s more than the 24% peak in 2006 and 1989, both of which were followed by falling house prices.

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Types of Real Estate Values ​​Buyers and Sellers Should Know — RISMedia https://groverchamber.com/types-of-real-estate-values-buyers-and-sellers-should-know-rismedia/ Tue, 15 Nov 2022 05:26:41 +0000 https://groverchamber.com/types-of-real-estate-values-buyers-and-sellers-should-know-rismedia/ Sometimes understanding a home’s values ​​can be tricky. When you’re not in the real estate business, things like market values ​​can be a foreign topic. Several terms are thrown around, which can lead to confusion. You might hear estimated value, appraisal value and market value. These three real estate terms have different meanings. We’ll look […]]]>

Sometimes understanding a home’s values ​​can be tricky. When you’re not in the real estate business, things like market values ​​can be a foreign topic.

Several terms are thrown around, which can lead to confusion. You might hear estimated value, appraisal value and market value. These three real estate terms have different meanings.

We’ll look at all three so you can better understand when they come up. It is essential to know what they mean, in order not to make bad real estate decisions.

Each of them is very different from each other. Let’s look.

What is assessed value in real estate?

The assessed value is a placeholder assigned to what the local government deems appropriate as the amount of taxes needed to cover local credits charged to the town or city.

In other words, the assessed value is what the local government has determined the property is worth for tax purposes. Market value is what a buyer is willing to pay for the property.

The assessed value of a property is rarely the same as the market value. See Assessed Value vs. Market Value via Maximum Real Estate Exposure in the reference above for an in-depth analysis of their differences.

Unfortunately, some real estate agents confuse the public by advertising real estate listings. They will say things like “come see the great value of this house which is listed under assessed value”.

So what! Many homes are listed under assessed value! Likewise, many are listed and sold above estimated value. They have little correlation between them.

When buying or selling a home, you should never consider the property’s assessed value to be its fair market value. It would be a big mistake.

What is fair market value in real estate?

Fair market value is what a buyer is willing to pay for a property and what a seller is willing to sell.

However, assessed value is the value assigned to a property by the government for tax purposes. The two values ​​are often different, as the government may be unaware of recent real estate market trends.

It becomes essential to understand this when selling or buying a property, as the fair market value may be lower or higher than the assessed value.

To determine the fair market value of a home, real estate agents prepare a comparative market analysis or one broker price opinion. The market analysis will compare the subject property to similar homes sold nearby.

Realtors will try to use properties with the most similar characteristics such as square footage, number of bedrooms and bathrooms, location, condition, amenities, and land desirability.

They will generate a report detailing the adjustments between comparable properties. Once adjustments are made, a final determination of market value can be created.

What is the appraisal value in real estate?

A licensed real estate appraiser determines the appraised value of a home.

The appraised value of a home is determined by a licensed real estate appraiser and is based on many of the same factors that a real estate agent would use, including the size, location, age, condition and amenities of the property.

In theory, the appraised value of a home should be similar to the market value determined by a real estate agent. Sometimes they are, and sometimes they are not. Buyers and sellers should understand that an appraisal and a market analysis are both opinions of value.

Appraisers and real estate agents can be wrong. Sometimes consumers believe what a reviewer says is gospel. It’s not. Reviewers are human, just like the rest of us. They make mistakes.

When buyers get a home loan, real estate expertise is required in most transactions. Mortgage lenders will require an appraisal unless there is significant equity in the property.

Lenders generally only waive an appraisal when there is more than twenty percent equity. Mortgage lenders will also require an appraisal when homeowners want to refinance their existing loan.

Final Thoughts on Types of Real Estate Securities

Understanding these three values ​​is especially important when buying or selling a home. You never want to make crucial decisions based on things you shouldn’t.

The perfect example is trying to correlate the assessed value with the value of a home. To think that the assessed value is the same as the market value would be tantamount to trusting a online value estimate. The chances that this is not the exact value are high.

When buying or selling, talk to a reputable local real estate agent who understands pricing.

Bill Gasset is a nationally recognized real estate leader helping people buy and sell real estate in the Massachusetts metro area for 35 years. Bill is the owner and founder of Maximum real estate exposure. For the past decade he has been one of the top RE/MAX REALTORS® in New England.

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Buyers reject historic NYC co-ops https://groverchamber.com/buyers-reject-historic-nyc-co-ops/ Sat, 12 Nov 2022 18:00:00 +0000 https://groverchamber.com/buyers-reject-historic-nyc-co-ops/ Sotheby’s Nikki Field with 740 Park Avenue (Sotheby’s International Realty, Google Maps, Getty) Once harboring near-mythical status in New York, legendary co-ops are shunned by luxury shoppers. Trophy Co-ops Are Languishing In The Market And Selling At Deep Discounts, Curbed reported. Affluent buyers are turning to condominiums instead, which offer cooler amenities and less archaic […]]]>

Sotheby’s Nikki Field with 740 Park Avenue (Sotheby’s International Realty, Google Maps, Getty)

Once harboring near-mythical status in New York, legendary co-ops are shunned by luxury shoppers.

Trophy Co-ops Are Languishing In The Market And Selling At Deep Discounts, Curbed reported. Affluent buyers are turning to condominiums instead, which offer cooler amenities and less archaic barriers to entry.

Sales at 740 Park Avenue illustrate the trend. Julia Koch has been try in vain sell his apartment for $60 million. Steve Mnuchin, the former Treasury secretary, sold his spot for $22.5 million after 12 years of shopping and a $15 million discount from his original slate.

Former Merill Lynch executive John Thain spent four years trying to sell his duplex and has now listed it for the same price he bought it 16 years ago.

The building is not alone in its struggles, however. Other co-ops on Park, Fifth, Sutton and Beekman Places see similar trends working against them.

“In the past, big money needed co-ops to be accepted and established,” Sotheby’s International Realty broker Nikki Field told the publication. “But nobody needs 740 anymore.”

There are several factors that hold back cooperatives. Many don’t allow or cap financing, which makes it harder for people to buy. Condo buyers can also protect their identities — and many do, by using LLCs to mask their purchases — while co-ops require various financial disclosures and can reject applicants for no reason.

The ability of co-op boards to turn down candidates has attracted accusations of discrimination. Qualified buyers can be rejected for any reason or no reason at all, creating an exclusivity factor that once worked in their favor but is now attracting backlash.

Co-ops also tend to restrict how apartments are used. Renovations are harder to do in co-ops, which can veto even the simplest changes to an apartment.

Since the financial crash of 2008, condominiums have replaced co-ops as the place of choice for the city’s wealthy. Buildings such as 220 Central Park South, One57, and 15 Central Park West have features similar to the co-ops of yesteryear, but without the hurdles buyers must navigate.

That said, co-ops can still fetch a premium, and condominiums can still face their own issues, such as the structural nightmares allegedly robbed 432 Park Avenue. But as co-ops and their boards continue to resist widespread change, their status as some of the city’s most prestigious properties will continue to diminish.

—Holden Walter-Warner

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Wednesday 9/11 Insider Buying Report: VRNS, CVNA https://groverchamber.com/wednesday-9-11-insider-buying-report-vrns-cvna/ Wed, 09 Nov 2022 18:47:00 +0000 https://groverchamber.com/wednesday-9-11-insider-buying-report-vrns-cvna/ As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy: they expect to make money. So let’s look at two notable recent insider buys. On Monday, Varonis System’s senior vice president of global sales, James O’boyle, bought VRNS for $1.00 million, buying 60,000 […]]]>

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy: they expect to make money. So let’s look at two notable recent insider buys.

On Monday, Varonis System’s senior vice president of global sales, James O’boyle, bought VRNS for $1.00 million, buying 60,000 shares at a price of $16.72 apiece. O’boyle was up around 10.4% long at the high point of today’s trading session, with VRNS trading as low as $18.46 when last checked today. today. Varonis System is trading down around 3.5% on Wednesday.

And also on Monday, director Michael E. Maroone bought Carvana for $861,000, buying 100,000 shares at $8.61 apiece. Prior to this latest purchase, Maroone made another purchase in the past twelve months, purchasing $2.62 million in shares at a cost of $104.77 each. Carvana is trading up around 3.8% on Wednesday. Bargain hunters can grab CVNA at an even lower price than Maroone, with the stock trading at $7.26 at last check today, 15.7% below the price of purchase of Maroone.


VIDEO: Wednesday 9/11 Insider Buying Report: VRNS, CVNA

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Even central banks are buying gold for the zombie apocalypse https://groverchamber.com/even-central-banks-are-buying-gold-for-the-zombie-apocalypse/ Sun, 06 Nov 2022 22:35:36 +0000 https://groverchamber.com/even-central-banks-are-buying-gold-for-the-zombie-apocalypse/ Comment this story Comment The instruction manual for surviving a zombie apocalypse is quite simple. Once you’ve outfitted your bunker with canned goods and guns, get some bullion. You’ll need it to buy bullets and bribe your way out of a Deathmatch in Thunderdome. It’s a line of thinking you might associate with grumpy gold […]]]>

Comment

The instruction manual for surviving a zombie apocalypse is quite simple. Once you’ve outfitted your bunker with canned goods and guns, get some bullion. You’ll need it to buy bullets and bribe your way out of a Deathmatch in Thunderdome.

It’s a line of thinking you might associate with grumpy gold bugs, but it’s not a million miles from the logic behind the flow of funds in the precious metals market right now – and the nations are in control. Central banks bought 400 tonnes of gold in the September quarter, the World Gold Council reported this week. This is a record influx comparable to what they would buy over an entire year in normal times.

In the notoriously opaque world of government gold trading, it’s not always immediately clear who the biggest buyers are. Monetary authorities are such big players that they can skew the whole market by showing their hands, one of the reasons prices fell in the 1990s and 2000s when some of Europe’s central banks sold off. ‘unison.

However, there is one obvious commonality between the declared buyers: all come from countries facing serious problems. Turkey, whose lira fell 52% in the year to September, added 95.5 tonnes to its gold holdings over the same period. Egypt bought 44.8 tons while its pound fell by 20%. India’s purchase of 40.5 tonnes was accompanied by an 8.7% weakening of the rupee. The Iraqi dinar is pegged to the dollar, but credit default swaps protecting against non-payment of its debts jumped nearly 9% in September, even after buying 33.9 tonnes of the metal.

It is a curious situation. The piling up of bullion in the central bank vault has long been a powerful signal to investors that a government is going to be a prudent and reliable borrower. No amount of buying gold, however, will convince anyone that the financially incontinent Egyptian government is good credit. US 10-year Treasuries, currently yielding 4.2%, also seem a much better proposition than a metal that pays no interest, especially now that gold no longer outperforms the total return on government debt.

Bullion bars have one crucial advantage: unlike bonds, they don’t tie you into a relationship with an unreliable counterparty. US government debt was once the hardest form of money, a truly risk-free investment. Then, in February, coordinated sanctions against the Russian central bank vaporized most of the $498 billion in reserves on its balance sheet. The European Union is now considering using those funds to pay for Ukraine’s reconstruction, Bloomberg News reported last week. In a world where you can’t trust anyone, it makes sense to shield yourself from bullets with metal.

Seen in this light, the purchases of Turkey and Egypt are highlighted. Although the two nations are key allies of the United States, they have seen their relationship deteriorate significantly over the past decade as their governments have found themselves more sympathetic to the rise of authoritarian powers. The way forward for international relations is more uncertain today than it has been for decades. It makes sense in this world that central bank reserves should not be too heavily committed to ties with any particular country.

The behavior of these small countries is also an indicator of the identity of the biggest buyers in the market. Reported buyers represent only about 120 tonnes of the 400 tonnes bought by central banks in the September quarter, but you can get a good idea of ​​the other candidates by looking at which countries have accumulated the largest current account surpluses. (These surpluses, after all, are the balances governments use to buy their foreign exchange reserves.) Outside of Europe, which halted large-scale bullion purchases decades ago, the major players are all countries whose ties with the United States are fraying because of the day: China, Russia and Saudi Arabia.

The dollar’s role as the world’s primary medium of exchange remains unassailable. According to the Bank for International Settlements, some 88% of foreign exchange transactions have involved the greenback this year. Yet its share of central bank reserves has fallen rapidly, from 65% at the end of 2016 to 59% earlier this year.

It’s almost certainly the result of Washington’s increasingly muscular take on its monetary dominance in recent years, whether it’s forcing French banks to obey US sanctions, forcing Hong Kong politicians to be paid with piles of banknotes or to block Russian reserves from the world economy.

Such a situation makes gold an attractive alternative. Even then, however, there are risks. Venezuela is currently embroiled in a three-year series of court cases in London over whether its de facto president or political rival should control its bullion reserves in the city’s bank vaults. So far, opposition leader Juan Guaido, who is recognized by the British government, appears to be winning. When the zombie apocalypse arrives, even gold might not be enough to save you.

More from Bloomberg Opinion:

• Funds turn sour when you least expect it: David Fickling

• Gold’s strange behavior shows it’s not a safe haven: Jared Dillian

• Russia’s money is gone: Matt Levine

This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners.

David Fickling is a Bloomberg Opinion columnist covering energy and commodities. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times.

More stories like this are available at bloomberg.com/opinion

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PayPal shares fall after earnings: I’m buying (NASDAQ: PYPL) https://groverchamber.com/paypal-shares-fall-after-earnings-im-buying-nasdaq-pypl/ Thu, 03 Nov 2022 23:24:34 +0000 https://groverchamber.com/paypal-shares-fall-after-earnings-im-buying-nasdaq-pypl/ bombuscreative PayPal (NASDAQ:PYPL) fell after the release of third quarter results. The results showed real progress on their ongoing cost reduction initiatives, although the larger numbers obscure that progress. PYPL maintains a cash-rich balance sheet and is buying back shares. While business growth while the outlook has admittedly softened post-pandemic, the stock is trading low […]]]>

bombuscreative

PayPal (NASDAQ:PYPL) fell after the release of third quarter results. The results showed real progress on their ongoing cost reduction initiatives, although the larger numbers obscure that progress. PYPL maintains a cash-rich balance sheet and is buying back shares. While business growth while the outlook has admittedly softened post-pandemic, the stock is trading low and can generate attractive returns for shareholders as the company continues to buy back shares. I expect accelerated earnings growth to pave the way for multiple expansion, lighting up at the end of this tunnel.

PYPL share price

While PYPL briefly rose in August thanks to an investment from activist investor Elliott Management, the stock has struggled since.

Chart
Data by Y-Charts

I last cover PYPL in August where I rated it a buy due to the renewed focus on profit margins. The stock has since fallen another 20%, which has only made the value proposition more attractive.

PYPL Stock Key Metrics

The latest quarter saw revenue increase 11% year-on-year to $6.85 billion. Excluding eBay, revenues increased by 13% (14% without currency effect). Part of the growth was driven by a 4bp increase in the take rate due to currency hedging and Venmo gains.

increase in income

Presentation Q3 2022

Non-GAAP EPS was down 2% year over year, but we need to make further adjustments. The comparable quarter of 2021 included a $0.04 increase in EPS resulting from a release of credit reserves. That alone is enough to post $0.01 per share growth, but there is still an adjustment to be made. PYPL paid a tax rate of 15.7% this quarter compared to a tax rate of 6.7% in the prior year quarter – excluding these two factors, I believe the non-compliant BPA to GAAP would have increased by 10.2%.

Non-GAAP EPS

Presentation Q3 2022

Key to this growth was the fact that PYPL has already made significant progress in reducing operating expenses, posting solid sequential declines in S&M, T&D (other companies call it R&D) and G&A spending.

income statement

Presentation Q3 2022

Total Payments Volume (“TPV”) grew by 9% – a respectable rate given the difficult pandemic-related comparables.

POS

Presentation Q3 2022

It looks like growth rates are still being held back in part by cross-border trade, as Chinese tourism remains constrained due to the pandemic and the Russian-Ukrainian war has had some impact.

cross-border trade

Presentation Q3 2022

PYPL generated $1.788 billion in free cash flow during the quarter, a 37% year-over-year increase. PYPL ended the quarter with $16.1 billion in cash versus $10.6 billion in debt.

FCF

Presentation Q3 2022

PYPL repurchased $939 million in shares during the quarter, bringing its year-to-date total to $3.2 billion. I’m glad to see that PYPL has prioritized share buybacks amid a falling share price when it has prioritized mergers and acquisitions in the past.

capital allocation

Presentation Q3 2022

Looking ahead, PYPL raised the non-GAAP EPS guidance for the full year to $4.09, an increase of $0.16 from the previous guidance. PYPL plans to repurchase an additional $1 billion in shares by the end of the year.

tips

Presentation Q3 2022

PYPL has yet to officially release its guidance for 2023, but has given a preliminary framework forecasting at least 100 basis points of non-GAAP operating margin expansion leading to non-GAAP EPS growth of at least 15. %.

Is PYPL stock a buy, sell or hold?

These are solid results from the company and a good time to remind ourselves of the long-term thesis. While many investors might think that PYPL is an e-commerce game, that’s not entirely accurate. Instead, I think PYPL reduces friction for e-commerce. In short, PYPL makes it easy for consumers to pay because the payment information (credit card, addresses, etc.) is stored in the PayPal account.

paypal mark payment

Presentation Q3 2022

This means that PYPL can theoretically grow faster than the pace of e-commerce if it gains market share among payment processors. This also means, however, that PYPL faces competition from Apple Pay (AAPL). Regarding this latest threat, PYPL has announced that customers will be able to use Apple Pay through PayPal. I don’t understand why a consumer would want to do this, but I’m no shopping expert.

Apple Pay partnership

Q3 2022 Update

Consensus estimates call for strong double-digit earnings growth over the next decade. This makes the 20x multiple more attractive here.

consensus estimates

Looking for Alpha

I consider the consensus estimates to be reasonable due to the high potential for operating leverage. If PYPL can generate revenue growth of 13% to 15% per year, then it is reasonable for profits to grow between 18% and 23%, since the company is primarily a payment processor.

What are the main risks? Some investors may have noticed the lack of significant insider buying. That’s right – while there were a few buys, there were also enough insider sells to cloud the picture.

insider trading

Openinside

Moreover, the management team does not appear to hold a material stake in the company.

insider ownership

2022 DEF14A

It is often said that stocks with strong insider ownership can outperform due to better alignment with shareholders – I wouldn’t call the lack of insider ownership a red flag though.

The greatest risk may be that of competition. While I expect e-commerce growth to accelerate in 2023 after this year’s slowdown, PYPL may face payment processing competition from AAPL, Shopify (STORE), and Amazon (AMZN) to only cite a few. Although PYPL can be considered the incumbent in e-commerce payments, there are various reasons why all of the competitors named above may be able to take market share. For example, iPhone users may already be using Apple Pay for in-person payment, while Shopify website merchants may find Shop Pay very competitive.

Still, with stocks trading at discounted valuations, the stock can arguably be seen more as a buy-back story than a big innovation. As long as the company can continue to generate operating leverage, I can see the stock producing crushing returns in the market over the next few years. I spoke with Best of Breed Growth Stocks subscribers about my view that a diversified basket of beaten tech stocks can be an attractive way to profit from the tech stock market crash. I consider the stock a solid buy as a top-quality allocation in such a basket.

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Just days after buying Twitter, Elon Musk is fueling a wave of misinformation on the service regarding the Pelosi attack https://groverchamber.com/just-days-after-buying-twitter-elon-musk-is-fueling-a-wave-of-misinformation-on-the-service-regarding-the-pelosi-attack/ Tue, 01 Nov 2022 00:09:00 +0000 https://groverchamber.com/just-days-after-buying-twitter-elon-musk-is-fueling-a-wave-of-misinformation-on-the-service-regarding-the-pelosi-attack/ Hours after the attack on Paul Pelosi, conspiracy theories deflecting blame for the assault on US President Nancy Pelosi’s husband were already swirling online. Never mind that authorities said Paul Pelosi was alone when the suspect broke into the couple’s San Francisco home. Or that investigators said they didn’t believe the two men knew each […]]]>

Hours after the attack on Paul Pelosi, conspiracy theories deflecting blame for the assault on US President Nancy Pelosi’s husband were already swirling online.

Never mind that authorities said Paul Pelosi was alone when the suspect broke into the couple’s San Francisco home. Or that investigators said they didn’t believe the two men knew each other.

It didn’t matter that the suspect, David DePape, confessed to investigators that he broke into the Pelosi home to target the speaker.

Either way, misleading claims about the assault spread quickly, and not just through trolls in obscure internet chat rooms. The claims received a major boost from some prominent Republicans and Elon Musk, now owner of Twitterone of the world’s leading online platforms.

Posts falsely suggesting a personal relationship between Pelosi and the alleged attacker skyrocketed on Twitter on Monday, a day after Musk tweeted and deleted a link to an article by suggesting one.

Musk did not explain why he linked to the article, or why he deleted his post, in response to a tweet from Hillary Clinton condemning the attack. Twitter did not immediately respond to questions from The Associated Press on Monday.

“It’s like he forgot for a second that he’s now the owner of the platform, and not just another user who can say whatever he wants,” said Brad Greenspan, a technology entrepreneur. and one of MySpace’s earliest investors. “Now as an owner there is a whole new set of responsibilities.”

One of many Republicans to amplify the baseless conspiracy theory, Rep. Marjorie Taylor Greene, R-Ga., defended Musk on Monday with a tweet that repeated the misleading claim that “Paul Pelosi’s friend the attacked with a hammer”.

Rep. Clay Higgins, R-La., joked about the attack with his own, since-deleted tweet that repeated the conspiracy theory.

Donald Trump Jr., meanwhile, ridiculed Paul Pelosi on Twitter with false claims.

The complaint also spread to other platforms, including fringe sites like Gab and Truth Social, where posts mocked the 82-year-old victim.

San Francisco District Attorney Brooke Jenkins on Monday pleaded with other political leaders to heed their comments on the case.

“We of course don’t want distorted facts circulating, certainly not in a way that further traumatizes a family that has been traumatized enough,” she said.

The Paul Pelosi-focused posts were just a subset of a recent wave of hateful, conspiracy-laden posts that followed Musk’s purchase of Twitter.

Within 12 hours of completing the Musk buyout on Friday, references to a specific racist epithet used to demean black people rose 500%, according to an analysis conducted by the National Contagion Research Institute, a Princeton-based firm, NJ that tracks misinformation.

Extremism experts and disinformation researchers had warned that the change in ownership could upend Twitter’s efforts to tackle disinformation and hate speech, especially just days before this year’s midterm elections.

Yosef Getachew, director of Common Cause’s media and democracy program, said there is a significant risk that misinformation spreading so soon before the election could confuse or scare voters, or lead to further polarization or even to acts of violence.

“Rather than give in to conspiracy theorists and propaganda peddlers, we urge Musk to ensure that Twitter’s rules and enforcement practices reflect our values ​​of democracy and public safety,” Getachew said.

San Francisco authorities held a press conference on Monday to discuss the latest information on the investigation into the attack. DePape told police he wanted to take Nancy Pelosi hostage and “break her kneecaps,” they said.

District Attorney Brooke Jenkins also debunked several other aspects of the conspiracy theory, saying there was no evidence DePape knew Paul Pelosi and claiming that Pelosi was home alone when DePape broke in.

Whereas belief in conspiracy theories isn’t new to American history, experts who study misinformation say it can become dangerous when persuading people view violence as an alternative to politicsor when they cause people to ignore inconvenient truths.

DePape seems to have writes racist and often rambling online posts in which he questioned the 2020 election results, defended former President Donald Trump and echoed QAnon conspiracy theories.

QAnon adherents support the belief that Trump is secretly waging a battle against a cult of blood-drinking Satanists who have controlled world events for eons. The movement was linked to an increasing number of acts of violence in the real world during the last years.

Social media has accelerated the proliferation of conspiracy theories, helped believers organize and allowed groups to weaponize misinformation for their own ends, according to Sacha Haworth, executive director of the Tech Oversight Project, a group that supports new regulations on platforms.

Twitter and other platforms, Haworth said, have “created a toxic atmosphere in which public officials and their families are at risk (and) now online threats are turning into real-world violence.”

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The loneliest men in college football: ‘No one goes out and buys the punter’s jersey’ https://groverchamber.com/the-loneliest-men-in-college-football-no-one-goes-out-and-buys-the-punters-jersey/ Thu, 27 Oct 2022 23:35:01 +0000 https://groverchamber.com/the-loneliest-men-in-college-football-no-one-goes-out-and-buys-the-punters-jersey/ At the start of the second trimester Tennesseeis an instant classic with Alabama Oct. 15, Vols quarterback Hendon Hooker fired a pass down the middle on the third and 10. He hit the tight end Princeton Fan for a 7-yard pickup. But with Tennessee still at their own 32-yard line and 3 yards from a […]]]>

At the start of the second trimester Tennesseeis an instant classic with Alabama Oct. 15, Vols quarterback Hendon Hooker fired a pass down the middle on the third and 10. He hit the tight end Princeton Fan for a 7-yard pickup. But with Tennessee still at their own 32-yard line and 3 yards from a first down, the coaching staff had only one logical choice.

This set the stage for an unknown scene for this year’s Thefts and their explosive attack.

“It’s going to be a punt for Tennessee. What about that? CBS analyst Gary Danielson said on the show.

“First time (today),” followed play-by-play announcer Brad Nessler.

And the Tennessee punter trotted Paxton Brooks.

Brooks, a fifth-year senior, is fortunate to also be Tennessee’s starter and kickoff specialist. The Vols lead the nation with 50.1 points per game and are second in the nation behind only ohio state with 46 touchdowns. It’s not like he doesn’t have playing time.

But as a punter — one who was named to the pre-season watch list for the 2022 Ray Guy Award, no less — things have been pretty, uh, quiet on that front. After throwing 2.3 times per game in 2019, 4.9 times per game in 2020 and 3.5 times per game in 2021, Brooks is averaging just 2.0 punts per game in 2022. Only three teams nationwide kicked fewer times per game than the Vols, creating the ultimate paradox for Brooks and bettors like him:

How does it feel to be the punter for a team that hardly ever punts? And how is a punter supposed to feel when his team’s attacking success comes directly at the expense of his own playing time?

“Me and (offensive coordinator Alex) Golesh, he has a great relationship with me, so we always joke, and he goes, ‘We won’t need you this week,'” Brooks said. “A few weeks ago someone asked coach (Josh) Heupel a question about punting or something, and he said it’s become kind of a dirty word around our building. .”

Indeed, the Flights only clear if they have to. Brooks says he even took a photo with Hooker and a long snapper Matthew Salanskiin which all three players wave the number “zero” with their hands whenever Tennessee goes a full game without a punt.

Washington is enjoying an offensive renaissance under freshman coach Kalen DeBoer. The Huskies are scoring a lot more touchdowns…and kicking a lot less.

“Well, on the one hand, it’s kind of frustrating because I’d like to go out there and do my job,” said Jack McCallister, the redshirt freshman Washington punter whose 1.9 punts per game rank 130th out of 131 FBS teams. “But it also feels good to know that our attack is doing well and so I don’t really need to go there.

“I never imagined last year would have gone the way it did and then Coach DeBoer would come in and we would have this crazy attack. But it happened, and even though I don’t have a lot of punts, it’s still a super fun experience.


Washington’s Jack McCallister has kicked just 15 times in eight games. (Jesse Beals/Getty Images)

McCallister said he started noticing he might not need much on Saturday when Washington’s offense — which ranks No. 7 nationally — was playing state of michigan in Week 3. The Huskies threw three more times, tied for a season high, but put on the kind of offensive performance that resonated nationwide and led them to their first win over a non-conference Power 5 ranked opponent in more than two decades.

Since then, McCallister has thrown nine more times as Washington’s offense averages north of 500 yards per game. With every offensive play, the Edmonds, WA native makes sure to stay warmed up while getting snaps with his long snapper.

But he will joke with his teammates once in a while when his warm-ups are rendered useless.

“I’m ready in case I need to get in and clear out,” McCallister said. “But often I don’t.”

This is reality for UCLA bettor Nicholas BarrMira – also the team’s place-kicker – as well.

The Bruins have the honor of ranking last (or first?) nationally in punts per game (1.7) thanks to an explosive offense supported by Dorian Thompson Robinson and ranks second in the country in terms of third-party down conversion rate.

Barr-Mira said his offensive teammates will tell him they love him, but all they want to see on Saturday is extra points.

“I’m like, ‘Hey, man, I’m with you,'” he said. “I’ll be ready to go out there and hit the game winner if necessary.”

That’s a far cry from his senior year of high school, when his team went 1-9.

“I kicked the ball a lot,” he said with a laugh. “Quite a change by then.”

Indeed, Barr-Mira and her counterparts are going to be staying largely behind the scenes, which every punter agrees comes with the territory. Especially if it means their offense is rolling.

Texas A&M hire Tyler White, the 247Sports Composite’s top rookie punter in the Class of 2023, said he sometimes jokes with other rookies that he’s a five-star quarterback. He and two kickers once told people running an A&M photo shoot during an unofficial visit that they were quarterbacks.

During Brooks’ preseason shots for Tennessee, he grew tired of traditional punter poses, so he moonlighted as an offensive lineman and quarterback.

“Well,” Books said, “believe it or not, being a rookie bettor isn’t as glamorous as everyone thinks.”

Just this week Penn State bettor Barney Love took a camera to campus and asked his fellow students if they knew the team punter and what they thought of him. “Who the hell is the bettor?” said a student. Another said he thought the Nittany Lions specialist ‘should go further’. And another said the last time she was at a game, ‘someone said he was bad’.

Amor said a few students knew everything about him, including his first name, last name, and high school, but didn’t know he was standing right in front of them. The video ended with Amor informing each of his interviewees that he was indeed Penn State’s punter – something they all laughed at together.

“The girl (who said I was mean) followed me around for about five minutes after, telling me she was so sorry,” Amor said. “I was like, ‘That’s cool; don’t worry about it. But it’s all fun and games.

Since then, several other punters from across the country have attempted to make similar videos. Brooks, Barr-Mira, McCallister and Amor may be relatively anonymous publicly, but they will always have their betting community. Until then, they hope their offenses will maintain their current output.

“It’s the same everywhere. No one normally goes out and buys the punter’s jersey,” Amor said. ” You know it. It’s just part of the territory. But it’s fun.”

(Photo by Paxton Brooks: Mark Alberti/Icon Sportswire via Getty Images)

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‘Good point’ that Bezos-WaPo deal got less attention than Twitter deal https://groverchamber.com/good-point-that-bezos-wapo-deal-got-less-attention-than-twitter-deal/ Sun, 23 Oct 2022 17:10:16 +0000 https://groverchamber.com/good-point-that-bezos-wapo-deal-got-less-attention-than-twitter-deal/ Elon Musk’s deal to buy Twitter has raised concerns over the handling of free speech, misinformation and dangerous content on the platform if it happens. A Twitter user said people aren’t worried about Jeff Bezos buying The Washington Post, unlike Musk’s Twitter deal. Musk replied, “Good point.” The government is reportedly considering reviewing Musk’s deal […]]]>
  • Elon Musk’s deal to buy Twitter has raised concerns over the handling of free speech, misinformation and dangerous content on the platform if it happens.
  • A Twitter user said people aren’t worried about Jeff Bezos buying The Washington Post, unlike Musk’s Twitter deal. Musk replied, “Good point.”
  • The government is reportedly considering reviewing Musk’s deal as it appears to be nearing the finish line.

The world’s richest man thinks people are too critical of his deal to buy a major social media platform used by hundreds of millions of people.

In an exchange on Twitter on Saturday, Elon Musk agreed with a follower who said Musk’s deal to buy Twitter was attracting far more negative attention than his fellow billionaire and Amazon founder. Acquisition of the Washington Post by Jeff Bezos A few years ago. Bezos bought the newspaper for $250 million in 2013.

“Not a single person wringing their hands about @elonmusk buying Twitter has ever had a problem with Jeff Bezos owning the @washingtonpost,” said Twitter user Michael Malice. said.

“Good point”, Musk repliedalongside a thinking face emoji.

After months of back and forth, Musk’s $44 billion takeover on Twitter is would be close to completion. Throughout, platform users have expressed concern that Musk buying Twitter could threaten free speech on the platform and lead to a loosening of content moderation, potentially increasing the hate speech, misinformation and dangerous content on the site.

Musk, for example, said he would overturn Donald Trump’s Twitter ban. Twitter permanently suspended the account of the former president after he repeatedly tweeted baseless allegations of voter fraud that helped incite the violent uprising on Capitol Hill on Jan. 6.

Musk also reportedly told investors that he planned to cut 75% of Twitter’s 7,500 employeesaccording The Washington Post. Such sweeping cuts could significantly hamper Twitter’s ability to take action against harmful content.

US government reportedly considering national security reviews of Musk’s takeover of Twitter, Bloomberg reported earlier this week, citing people with knowledge of the matter.

Musk’s plans to bring in foreign investors to help pay for the deal – including Saudi Prince Alwaleed bin Talal, Qatar’s sovereign wealth fund and Binance Holdings, which was founded by a Chinese businessman – have troubled Biden administration officials, sources told Bloomberg.

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