Was Friday's Rally Just a Hedge Fund Short Squeeze? [View article]
Don;t make things more complicated then they are, Banks and brokers made a bunch of margin calls. On the other side, hedge fund clients saw their principal at risk and initiated redemption orders.
When you open the bottom of a grain elevator and the wheat starts coming out, you don't ask when it's going to stop. Only gravity and equilibrium will stop it. When the margin calls and redemptions stop, the selling will stop.
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Don;t make things more complicated then they are, Banks and brokers made a bunch of margin calls. On the other side, hedge fund clients saw their principal at risk and initiated redemption orders.
Oct 12 10:03 am
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All Comments by Jimmy Lathrop »Was Friday's Rally Just a Hedge Fund Short Squeeze? [View article]
When you open the bottom of a grain elevator and the wheat starts coming out, you don't ask when it's going to stop. Only gravity and equilibrium will stop it. When the margin calls and redemptions stop, the selling will stop.