/biz/ - Business & Finance

I just initiated DRS for a hundred more jiemis.

Good week boyos. See you Monday.

My jiemis remain unrustled.

>>54370032
Their window of opportunity is closing. The more retail buys, the less wiggle room they have to mess around. They aren't desperate yet, but they will be.

Found this interesting tidbit in the Archegos/Credit Suisse report from 2021 in the cringemines:

"In addition, it appears that on March 12 Archegos renewed swaps in excess of $13 billion, with an original maturity date of March 29, 2021, for 24 months (with the same initial margin) at Archegos’s request. CS documents suggest that the renewal was a mistake. On March 12 the PSR analyst covering Archegos specifically instructed a Delta One trader not to renew these swaps in view of the pending discussions with Archegos about moving to dynamic margining"

Looking at the chart, around 3/12/21 is when GME started it's long decline. A day prior to that we had our giant red mid-day spike that stopped the second run after the sneeze. Perhaps CS saw their position getting untenable in the days leading up to the 12th (because GME was running) and bit the bullet (no pun intended) to renew before things got out of hand. Seems like maybe they panicked, renewed for 2 years to buy time, and now the 2 years has elapsed with no improvement for them. If this is true, they're even more boned now. They expire in 2 weeks, so we'll see what they do with this hot potato.

>>54133351
>>54133370
>>54133396
Read every word, and I agree. This has been a hell of a journey, and whatever happens I will continue to hold.

>>53077777
Chek'd

>>53051441
Don't forget all the dubs and trips in here. There are a LOT. This thread was EBIN as fugg :DDDD

Where is she? Hint: she is comfy

What a beautiful scenery. Take a rest anons