CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: robert b furman who wrote (38246)	1/30/2021 10:19:20 AM
From: skinowski	of 41619

Not all players were small traders, that’s for sure. In some way or other, some serious money must have joined the game. As far as brokerages go, they must be prepared for such things. I hope mine are. They should have instantly liquidated all shorts that no longer had adequate margin. As simple as that. By procrastinating, they created the whole mess. The hedge funds that got caught have lost more than they should have - and will likely go bankrupt - and so will RobinHood. I read that some hedge fund has ownership interest in RobinHood. Also read that the fund which shorted the most was a market maker for one or more of the stocks involved. Not sure how reliable that is. But, it’s possible that there were major conflicts of interest which may have caused hesitation and added to the problem.

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