Yeah, but not that atm.
Forced liquidation of assets and deleveraging by hedge funds getting pummelled on short bets by Reddit traders.
Trading volumes in US shot past 2008 records.
If you have to buy $100bil worth of failing Video game store, etc stock = you have to sell $100bill worth of your long positions.
The only question now is: how long is it gonna go for and do instos/retail have enough money to absorb all that selling volume; because everyone is pretty much all in already
PLS - 2020 chart thread !, page-1309
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Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65571 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 7500 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |