|
12-10-2021, 09:18 AM | #12046 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-49523
|
|
Posts: 40,648
|
12-10-2021, 09:28 AM | #12047 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $434734
|
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. |
Posts: 58,027
|
12-10-2021, 09:30 AM | #12048 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $146899
|
|
Posts: 52,519
|
12-10-2021, 09:30 AM | #12049 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2830478
|
just look for the moon because that is where we are going
__________________
Chiefs game films |
Posts: 288,137
|
12-10-2021, 09:49 AM | #12050 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
|
|
Posts: 46,135
|
12-10-2021, 09:52 AM | #12051 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2830478
|
I'm holding for the big pop to $35.
__________________
Chiefs game films |
Posts: 288,137
|
12-10-2021, 04:29 PM | #12052 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-49523
|
AAPL is just crushing! When it hits 182 they will be a 3 Trillion Market cap
|
Posts: 40,648
|
12-10-2021, 05:27 PM | #12053 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
|
I picked up F through it’s breakout move today.
|
Posts: 46,135
|
12-11-2021, 12:20 AM | #12054 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $434734
|
|
Posts: 58,027
|
12-11-2021, 12:23 AM | #12055 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-49523
|
|
Posts: 40,648
|
1 0 |
12-11-2021, 05:42 AM | #12056 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
|
Quote:
I will trade any stock at any time. Plus I really liked the Mustang I had. |
|
Posts: 46,135
|
12-11-2021, 05:47 AM | #12057 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $434734
|
|
Posts: 58,027
|
12-11-2021, 05:55 AM | #12058 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
|
|
Posts: 46,135
|
12-11-2021, 05:58 AM | #12059 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $434734
|
|
Posts: 58,027
|
12-11-2021, 06:12 AM | #12060 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
|
Quote:
|
|
Posts: 46,135
|
|
|