There may be cash sitting somewhere on the sidelines, but it's
not in the hands of investment managers. Mutual fund managers have
less than a 2% cash cushion for the first time in history. Pension
fund managers have 2.6% in cash, lowest ever.
Posted by ridgetopab on 2nd of Feb 2021 at 03:15 pm
WSB members just made a major cash transfer to Fund Managers
Read some of the reddit posts and it appears that some sharp
operators must have taken advantage of herd mentality and probably
made a killing selling into the run.
Lead in to my recent long ECPG, the business is credit
collection....
Read a few of the posts, some are still thinking Elon and
Chamath are going to help them ramp the stock back up. Talk about a
total misunderstanding of what was going on and the timing
associated. Hopefully now we can get back to regular business. We
know a lot of trash pennies run, this situation was just the most
ridiculous thing I've ever seen with GME and AMC. Good job by AMC
raising equity twice. Not sure where the GME management has been,
they should have raised, unbelievable
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Posted by steve on 2nd of Feb 2021 at 02:09 pm
There may be cash sitting somewhere on the sidelines, but it's not in the hands of investment managers. Mutual fund managers have less than a 2% cash cushion for the first time in history. Pension fund managers have 2.6% in cash, lowest ever.
WSB members just made a
Posted by ridgetopab on 2nd of Feb 2021 at 03:15 pm
WSB members just made a major cash transfer to Fund Managers
Read some of the reddit posts and it appears that some sharp operators must have taken advantage of herd mentality and probably made a killing selling into the run.
Lead in to my recent long ECPG, the business is credit collection....
Read a few of the
Posted by fundamentalvalues on 3rd of Feb 2021 at 07:43 am
Read a few of the posts, some are still thinking Elon and Chamath are going to help them ramp the stock back up. Talk about a total misunderstanding of what was going on and the timing associated. Hopefully now we can get back to regular business. We know a lot of trash pennies run, this situation was just the most ridiculous thing I've ever seen with GME and AMC. Good job by AMC raising equity twice. Not sure where the GME management has been, they should have raised, unbelievable