Daily Price Movement / General Discussion, page-30613

Love you to hunny

i have had a sell sentiment in this stock since over $11.00 . Is it my fault you did not sell there.?

Evergrande is just the tip of the iceberg as it will send shockwaves through the financial system as money is being lent on such razor thin margins in a low interest rate environment that a large write off can take years to recover from. Many banks will start to reassess and revisit "worse case scenarios " on all their portfolios. Banks could well increase interest rates on commercial paper by loading a risk premium before any move on official interest rates..

Junk bonds will not find a bid and convertible note holders who have on demand clauses will demand the return of their funds .

Steve Blumenthal produced some more interesting data and when stocks are overvalued by every conceivable measure it takes very little to tip it over the edge