I don't know about you or the securities worth of some of the traders (from what I read the ones who were shorting the stock were hedge funds, traders associated somehow with those HFs and other (and I use the term loosely) professionals, but I have a lot more than 220K in my portfolio that could be used to collateralize shorts. Even if they didn't have 220K they could still loose everything else in their portfolio used to cover the shorts. No?
No such problem for those buying on margin (unless caught in a large dip - trading was very volatile).
I don't intend to look up the various rules on this stuff as I never intend to trade that way and really don't care. I'm just putting some ideas out there and maybe some experts here can clarify.
No such problem for those buying on margin (unless caught in a large dip - trading was very volatile).
I don't intend to look up the various rules on this stuff as I never intend to trade that way and really don't care. I'm just putting some ideas out there and maybe some experts here can clarify.
My interest has been piqued though after I read about the “anti-establishment” who are now making headlines and causing this disarray.
I do think this is the beginning of something that unfortunately is going to lead to extreme volatility and uncertainty in many of the markets