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Archegos capital got margincalled on friday and now website is down and ceo doesnt answer to phone calls or emails

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  • #16
    I bought 50 shares ~$45 for a fun sweat coming up on Tuesday. ill dump that shit fast if it drops more than a 5er

    I don't really have time to pay attention regularly but its fun to get my gambol on since i haven't done anything other than work for the last year, have 10k USD set aside for my weed stocks and other sketchy stocks. I have great hopes for OGI

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    • #17

      Zalgo commented
      03-31-2021, 06:58 PM
      yea sorry for roping you in this mess


      Wait... what "mess" ?

      Comment

      • sonatine
        #17.1
        sonatine commented
        04-02-2021, 06:12 PM
        Editing a comment
        i think we were both expecting a rapid rise in price based on the nature of the event driving the plunge and so far we arent seeing it. very important thing with options, less so on non-decaying assets.
    • #18
      https://finance.yahoo.com/news/credi...032230076.html

      there is still a large volume of stocks traded atm so i guess it isnt over

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      • #19
        im reading that morgan stanley dumped 5bn of archegos stock the night before they blew up.

        https://www.cnbc.com/2021/04/06/morg...fire-sale.html

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        • #20

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          • #21

            Comment

            • #22
              https://wallstreetonparade.com/2021/...-margin-rules/

              wow

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              • #23
                i just took a quick walk through this thread to revisit the scope of what the fuck just happened and just.. fucking wow

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                • #24
                  i wonder if this will have consequences to anyone involved, but my hopes are not very high

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                  • #25

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                    • Zalgo
                      #25.1
                      Zalgo commented
                      04-08-2021, 11:42 PM
                      Editing a comment
                      sticking the knife even deeper
                  • #26
                    Armageddon
                    • Likes 1

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                    • #27
                      • Likes 1

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                      • sonatine
                        #27.1
                        sonatine commented
                        04-09-2021, 01:40 PM
                        Editing a comment
                        this is completely fantastic
                      • Zalgo
                        #27.2
                        Zalgo commented
                        04-09-2021, 02:14 PM
                        Editing a comment
                        unfortunately it will never happen
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