Sounds like an Austin Powers statement: "There is a lot of money tied up in RSH's stock." What's RSH's market cap now.... Peanuts.
No one likes to lose, but it happens. The public's been fleeing active stock management because pros aren't even beating [MY] index funds. Ask Calpers, most famously.
Who owns those CDS? Many are probably owned by nervous RSH suppliers. There certainly ARE people throwing money at RSH in order to protect themselves but they would also give up on RSH, at some point, to protect themselves.
Where's this tug-of-war lately. I see freefall.
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