Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Goldman Sold $10.5 Billion of Stocks in Block-Trade Spree
Yahoo Finance ^ | 27 March 2021

Posted on 03/28/2021 9:34:01 AM PDT by MeneMeneTekelUpharsin

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-49 last
To: Yollopoliuhqui

They’re just housing unaccompanied debt. I’m sure that’s what Psaki would say.


41 posted on 03/28/2021 4:28:12 PM PDT by NonValueAdded (Blessed Mother of Bitch!)
[ Post Reply | Private Reply | To 39 | View Replies]

To: GOPJ
I don't know, actually. However, it is causing a little ripple in the financial news arena:

Click here.

42 posted on 03/28/2021 5:43:34 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 23 | View Replies]

To: ncfool
Folks are saying that

"Billions of market value in other companies were wiped out as the sales continued, surprising market participants who called the size and speed of these stock sales unprecedented."

Click here for still another story.

So, either we shouldn't read anything into it, or we should. Wonder he's telling the truth?

43 posted on 03/28/2021 5:47:27 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 37 | View Replies]

To: Bayard
Maybe they just want the money and are selling off to reposition?

Yep, it's the end of March. Realigning positions.

44 posted on 03/28/2021 5:54:40 PM PDT by liberalh8ter (The only difference between flash mob 'urban yutes' and U.S. politicians is the hoodies.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: monkeyshine; All
I'm the Rodney Dangerfield Finance Guy on this board. I don't no respect no matter how good my sources are:

Click here for margin call on hedge fund story.

45 posted on 03/29/2021 4:46:21 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Bayard
The media is trying to hide as much as they can. Here, let me help you with that:

Click here for margin call on hedge fund story.

46 posted on 03/29/2021 4:47:40 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: ncfool
Oh man, you guys are something else.

Click here for margin call on hedge fund.

Go put some ice on that.

47 posted on 03/29/2021 4:48:43 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 37 | View Replies]

To: Bayard

So the NYSE probably didn’t feel the price hit

With the hedge fund operations going bust because the can’t pay up I wager they will big time.


48 posted on 03/29/2021 8:21:14 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: MeneMeneTekelUpharsin

LOL.
OK fair enough. But unless it was massively short some positions or got caught upside down in some bond trades, it is hard to imagine any fund would face a margin call of that size in a market that has basically been going up and hitting new highs every week - what, more than doubled since the lows of a year ago?


49 posted on 03/29/2021 9:55:54 AM PDT by monkeyshine (live and let live is dead)
[ Post Reply | Private Reply | To 45 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-49 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson