Feb. 3 at 10:30 PM
$HUBS @frankster
$CRM $TTD no it i not a liquidation by hegde funds. at least - not from these, who really use hegdes to be insured.
last 2 day sell-off is mostly because of rised margin requirements by stock exchanges which triggered huge sell-off of gold, silver and tech stocks in mostly retail margin trading acounts, especially these, who did not had insurance hedges.
second part - when margin burns - SL burns. when SL burns - it accelerates press down.
and third part - to cover margins and SL many portfolios were forced to sell many stocks (mostly tech, as retail do not like to be in REIT, oil, ships or other stocks with strong book value).
all these 3 steps were realized in last few days.
but NOW these investors who still have dry powder have very low entry points to buy or increase positions.
i am a buyer at this price level in many press down positions.
RED FEAR days is good time to search for positions to buy