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I don't know. If this was a margin call, doing it so quickly and at a time of relatively low liquidity (2:30 AM on Saturday) exposes them to a lot of risk. I me
by IAmGraydon 4y ago
I don't know. If this was a margin call, doing it so quickly and at a time of relatively low liquidity (2:30 AM on Saturday) exposes them to a lot of risk. I mean they dropped the market over 6% instantly and as much as 8% once the market reacted. That's a great way to lose your capital. I guess it's possible, but extremely sloppy if it is a margin call.