The big boy club is trying all it can to stave off such a huge loss by trade manipulation.
However, if they cannot operate without such massive intervention a private investor would never see...it's all about control. They shouldn't even be in the game.
I lost 100k and my trading account due to this kind of hedge fund shenanigans that force the market in their preferred direction.
Basically, under the current state of matters - hedge fund invested 4.6b, probably expecting to +50% their money by crashing the market.
Instead, they're gonna have to buy in at 27b, assuming they have to buy in at $240/share (itll be higher, likely).
The losses are limitless, should they have to buy in at, say, $550 a share, they'd be $64b deep on their $5b investment
Yes.
Cannot upvote your comment enough.
The big boy club is trying all it can to stave off such a huge loss by trade manipulation.
However, if they cannot operate without such massive intervention a private investor would never see...it's all about control. They shouldn't even be in the game.
I lost 100k and my trading account due to this kind of hedge fund shenanigans that force the market in their preferred direction.
Let them burn and learn...