Posted:
#26
wall - they were basing a lot of their short strategies on rumor
rumors of firms in trouble
rumors of firms who have margin calls or who need cash
and then selling some in advance of the firm selling to get cash
even if its a tiny position of 10-50k shares. imagine having a big asset mgr lean on a stock to raise cash quickly and you're short the position already
rumors of firms in trouble
rumors of firms who have margin calls or who need cash
and then selling some in advance of the firm selling to get cash
even if its a tiny position of 10-50k shares. imagine having a big asset mgr lean on a stock to raise cash quickly and you're short the position already
0
Gonna-be-an-interesting-day-on-Wall-Street-today!
Financial-stocks-are-going-to-get-hammered-today!
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