The Stock Market, Investments, and Investing Thread
(03-11-2021, 02:26 PM)Jetset Wrote: However, what most likely happened is that as the price skyrocketed, some funds set up brand new short positions at astronomical entry points of $300+, and were able to recover some of their money by buying it back when it tanked back to $50. In part, this is the significance of Citadel lending Melvin nearly three billion dollars at the peak of the crisis: both a lifeline to try to mitigate the damage by avoiding trading at a loss, and also probably to try to enter new positions to hedge against what was happening.
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I agree with your post.

On what happens afterwards, its hard to lose when (((you))) are the house and you are backed up by (((banks))) with the power to print the currency and change the rules.
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RE: The Stock Market, Investments, and Investing Thread - by Hypno - 03-11-2021, 10:27 PM

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