Bill Hwang, "Tiger Cub Archegos Liquidation Triggers Record Crash in Discovery, ViacomCBS "

[vanzandt]

Plenty of sheep to be shorn in that field.

Shorn' nuff.

 

[Daal]

So he had $30B in exposure and $10B in equity? He was long like 6 stocks? lmao

 

[destriero]

lol a month ago the dude was up $10-12B and now he's running a debit. wheeeeeeee!

 

[noddyboy]

IB only gives 2.8x leverage on his positions at small size and at bigger size but less than $1bn it goes to 1.7x leverage. At that rate, Reg T is better than PM for IB!

 

[newwurldmn]

So he had $30B in exposure and $10B in equity? He was long like 6 stocks? lmao

i think they are saying at the height his total exposure was 100bn with a networth of like 12bn.

 

[Daal]

i think they are saying at the height his total exposure was 100bn with a networth of like 12bn.

Insane. Given that the financial system is a house of cards, this kind of shit should be illegal

 

[destriero]

You mean the massive move from 180 to 200 after it was dumped from 350 levels? Massive selloffs always see initial buy volume, just as yourself. But if this does not smell like a possible broad based setup for Monday then I don't know. I am of course cautious and need more confirmation so your suspicion is duly noted. But I have not seen such a setup in quite a while.

We see some of the absolutely most profitable and/or overvalued companies trading sideways or slightly down for quite a while now. Check out Amazon or Tesla among a bunch of others. It would be a game changer in financial trading if the wheels of a bubble came off company by company in piecemeal. Never seen before. At some point this bitch has to crack and it will pull down the entire market with it like the titanic. Only question is what a suitable catalyst will be. Is this it?

Stick to high freq or whatever, ostensibly, you do.

 

[DiceAreCast]

But you did wait with your reply quite a while so that in hindsight you minimized the risk of having this post of yours turn into a fart. It's a pure game of probabilities. Contagion did not set in this time. Lost a few on my yen longs into Mon open, that's the game.

Stick to high freq or whatever, ostensibly, you do.

 

[destriero]

But you did wait with your reply quite a while so that in hindsight you minimized the risk of having this post of yours turn into a fart. It's a pure game of probabilities. Contagion did not set in this time. Lost a few on my yen longs into Mon open, that's the game.

Two trading days? BIDU is up 10%. NDX is less than 50 from my call. You don't trade or you're a hobbyist. There is nothing else to be taken from your comments. To not recognize the importance of the BWIC and the reversal in China ADRs is proof. You're not even worth trolling.

 

[DiceAreCast]

You conveniently waited until markets comfortably reversed. So much about your view. In hindsight, yes. I lost close to nothing, less than 30bps of my account. The market did not go into meltdown and that's it.

Two trading days? BIDU is up 10%. NDX is less than 50 from my call. You don't trade or you're a hobbyist. There is nothing else to be taken from your comments. To not recognize the importance of the BWIC and the reversal in China ADRs is proof. You're not even worth trolling.