3 ms·
"Nobody" thought some hedge funds or bond holders would win along the ride, right? Regardless if they were tipped off about the restrictions in advance or not
by thefounder 6y ago
"Nobody" thought some hedge funds or bond holders would win along the ride, right?
Regardless if they were tipped off about the restrictions in advance or not I think they were good citizens taking risks and helping two companies found in distress due covid.
- garmaine 6y agoThe restrictions were at the brokerage level and only affected retail investors.
- thefounder 6y agoThe restrictions affected the price and the price affected everyone involved. I wouldn't be surprised if the big boys received a call before a decision was made to make sure they dump everything they have before they unleash the restrictions panic.
- compiler-guy 6y agoThis is because the big kids use big kid's brokerages. Which is to say, well capitalized brokerages that communicate well with their clients on possible capitalization needs. It is no shock at all that a cheap broker with a million new clients wasn't sufficiently well capitalized for a big kids play.