Running discussion on SP, page-55927

Invast Global increased their margin from around 30% on AVZ late last week ; apparently a lot of AVZ have been leveraging on margin , that it was considered a building risk; so many would have received a marginal call this morning requiring them to sell down and bring their margin back into line to the now new 60% figure.

As the sales went though SP pulling back quickly erodes portfolio valve. The above is most likely the cause of the quick pullback this morning