For those that hold related stock , get ready for a ride !
The #Archegos drama involves a classic mix of massive leverage, concentrated positions, derivative overlays, forced deleveraging and distressed sales
Pain has been felt so far only in a handful of stocks.
What happens next depends on remaining sales and related contagion channelspic.twitter.com/aErUVylki7
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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True, but so is every other stock, especially the “reopening” trades, which legacy media would certainly be included.
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Even if he has 18 billion left to go, there is so much fucking cash floating around it does not matter. Eventually something will break, Viacom won't do it.
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PB’s taking a haircut could tempt them to tighten margin requirements. Suddenly not “so much fucking cash” anymore. Name a tech stock that isn’t overextended. First to panic panics best.
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Why Viacom? Would think far better choices to bet farm on.
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folks traded VIAC as the new NFLX..
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From
#TiffanyNetwork to#DollarStore !!!!Thanks. Twitter will use this to make your timeline better. UndoUndo
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