How well does a "filing error" excuse hold up in court? It must have been tried before. When PUTS go wrong what happens if your not BlackRock and thus "too big to fail"? How big was their bet on the miss?
That's a good question. I don't know a lot about shorting, but I assume they have to make up the difference of the shorts and the strike price at the time the shorts expire. So for easy math, if they shorted the stock at 5.00 and the price is 35.00, that's a difference of 30.00/share X 12MM shares = 360MM. I'm pretty sure it's hard to get out of an error like that.
I was in the doldrums (no wind in my sails) about a month ago. I got over it quick! Is this the Storm? If 360MM means 360 Million USD$, that's not much for BlackRock. Who would get that money? I'm a stocks illiterate.
Yep, 360 million dollars. Hopefully you are feeling better and happier. The good news, if you haven't notice, is there is a lot of talk about MKU now and it's becoming part of the Awakening as people realize its possible to create patsies that can be used in assassinations. MKU never went away.
I thought they had on their website someone accidentally multiplied their bets by 1000. Or I read it on GAW somewhere. If that's the case, was it everything filed that day, or just the shorts on DJT?
I only know what I remember from GAW and probably half of that is wrong. Old electric calculators all had cool time saving zero keys like, 0, 00, 000. Must a been a "keyboarding error". That's my favorite goto excuse also.
I want to know how much did they lose?
How well does a "filing error" excuse hold up in court? It must have been tried before. When PUTS go wrong what happens if your not BlackRock and thus "too big to fail"? How big was their bet on the miss?
That's a good question. I don't know a lot about shorting, but I assume they have to make up the difference of the shorts and the strike price at the time the shorts expire. So for easy math, if they shorted the stock at 5.00 and the price is 35.00, that's a difference of 30.00/share X 12MM shares = 360MM. I'm pretty sure it's hard to get out of an error like that.
Good to hear from you, Fren. I hope all is well.
I was in the doldrums (no wind in my sails) about a month ago. I got over it quick! Is this the Storm? If 360MM means 360 Million USD$, that's not much for BlackRock. Who would get that money? I'm a stocks illiterate.
Yep, 360 million dollars. Hopefully you are feeling better and happier. The good news, if you haven't notice, is there is a lot of talk about MKU now and it's becoming part of the Awakening as people realize its possible to create patsies that can be used in assassinations. MKU never went away.
I thought they had on their website someone accidentally multiplied their bets by 1000. Or I read it on GAW somewhere. If that's the case, was it everything filed that day, or just the shorts on DJT?
I only know what I remember from GAW and probably half of that is wrong. Old electric calculators all had cool time saving zero keys like, 0, 00, 000. Must a been a "keyboarding error". That's my favorite goto excuse also.
Yeah, an error only affecting one stock that day. 😂
Me too, I hope they are hurting.
A bit over 13% shorting DJT versus July 12 and July 19 closings.
They bought $12 billion in shorts I heard
I think it was 12MM in puts. MArket cap of $DJT is only $6.5B.