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12-09-2021, 03:46 PM | #12031 | |
Supporter
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Quote:
At least with my hedging account, margin requirements have to be covered before the close of day. CBOT seats have been lost because of failure to cover. I have a hard time believing NYSE will allow multi-month failure to maintain margin requirements. |
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12-09-2021, 03:59 PM | #12032 |
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This market has topped. I'm going to be selling the rips for a while.
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“When war breaks out people say: 'It won't last, it's too stupid.' And war is certainly too stupid, but that doesn't prevent It from lasting.” ~Albert Camus, The Plague. |
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12-09-2021, 04:21 PM | #12033 |
New and Improved
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OUCH!
Out of the 84 stocks I've been following, 77 ended the day in the red.
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“As a nation, we can endure damaging policies for a four-year term. But we cannot survive a president willing to terminate our Constitution”
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12-09-2021, 05:11 PM | #12034 |
Fish are scared of me
Join Date: Nov 2001
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12-09-2021, 07:21 PM | #12035 |
It's just a ride.
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cpi numbers gonna make tomorrow an even bigger blood bath
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12·12·11 回 RIP Turd Haley |
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12-10-2021, 12:40 AM | #12036 |
Supporter
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12-10-2021, 04:58 AM | #12037 | |
Fish are scared of me
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Quote:
https://www.linkedin.com/pulse/citad...ll-havent-a-p- |
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12-10-2021, 07:54 AM | #12038 |
Starter
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No one talking about AMC CEO selling more of his stock?
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12-10-2021, 08:48 AM | #12039 | |
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Quote:
At least that's the way it works in commodities. |
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12-10-2021, 09:00 AM | #12040 |
Fish are scared of me
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12-10-2021, 09:03 AM | #12041 | |
Supporter
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Quote:
I can't wait for the Michael Lewis book about it. |
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12-10-2021, 09:11 AM | #12042 | |
Kind of a mod
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Quote:
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12-10-2021, 09:18 AM | #12043 |
Fish are scared of me
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12-10-2021, 09:28 AM | #12044 |
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So, I don't know if this is a viable information but it appears to be at least reasonable. Although it is pretty slanted towards the reddit investor.
https://franknez.com/when-do-shorts-...positions-amc/ This pretty much says they don't have to cover their shorts...ever. And I don't know what is a valid borrowing rate, but I'd sit tight if money was costing my .6%. RE: Bad earnings for Hedge funds. I don't know the accounting rules for professional traders. For personal traders, you don't realize gain/loss until you sell. I know there are different rules for professional traders, because you can only take 3000 loss and have to carry the rest. I'm guessing there are some market to market adjustment rules to close the quarters. If that's the case, why are we just now hearing about it, not at the end of Q1 2021? That's when the major GME price spike was and their short positions would look REALLY ****ING BAD on a Balance Sheet. If there is no market to market adjustment and they realize the gains when they cover the shorts, that would mean they've closed some of the shorts (or lost their ass somewhere else, but that's unlikely). If they've closed some of the short positions, then we haven't seen the price action that was expected from closing the short. Unless they only closed a few of many short positions, in which case they're ****ed right nice and would probably fold their tent and go home. By the way, I googled Melvin Capital and Citadel's fiscal year ends and they're both 12/31. Accordingly, fiscal year earnings won't be disclosed until probably February, so any profitability numbers would come from quarterly releases, and again, why was Q1 2021 not the bombshell? That's when the giant price spikes were. I don't know what's actually going on here, but there isn't a real clear picture on much. |
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12-10-2021, 09:30 AM | #12045 |
Kind of a mod
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