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Friday, 01/29/2021 9:54:25 AM

Friday, January 29, 2021 9:54:25 AM

Post# of 796496
Michael Kao wants us to worry about hedge funds getting a taste of their own medicine, he is an interesting read - but give me a break lol:



Kao suggests that JPS is undergoing another forced selling event, hence the collapse of the JPS. And he suggests that some people were short common and long JPS, so they have to cover the big short on common - hence recent common outperformance

Of course, once covering stops, common is going to drop again - no bueno... I told you the quintuple trains would screw it all up... :(