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Central IL | Supposedly Melvin Capital and the other Hedge funds are down about 20 Billion dollars. Their claim that the forced liquidations to cover this could crash the market sounds ludicrous on the surface given the size of the total market. If they are correct, (which I doubt, probly just trying to save their own butts), we obviously need a whole bunch of serious market reforms.
Methinks the Hedgies believe they should be the only ones allowed to destroy other companies and investors by manipulating the markets. | |
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A deeper broad market question
