kassa! schreef op 28 maart 2021 15:08:
Gepost op Reddit
Who is collpasing?
Seriously, do you even watch any business news? Archegos Capital Management is a hedgie. And on friday, they got margin called.
Just google them and read an article or something, but in summary, stocks ike Viacom and the Discovery Channel FUCKING TANKED on Friday, triggered by a huge selloff by Archegos Capital. It has since come out that they were margin called and had to sell off shit to stay afloat.
If you don't know, a Margin Call is when some bigger boys than you (banks) say; "Hey bro, you aint got enough money to keep up this high risk trading, sell shit off now and get some cash or we're stepping in and closing all your positions until it's safe" In this case, Goldman and Morgan triggered the Archegos margin call.