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JPG77

11/12/15 4:26 PM

#35941 RE: TheGreatSwami #35929

*No one could short Monday, Tuesday and Wednesday due to those days being on the short circuit breaker.



I may be wrong but I don't believe the NSS that was going on in Germany followed the short circuit breaker rule.
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TheGreatSwami

11/12/15 5:07 PM

#35963 RE: TheGreatSwami #35929

"I feel like a hedge fund super shorted Friday evening. Were unable to short Monday morning due to the NASDAQ circuit breaker rule and knowing that would be the case spent a lot of planned money to undercut the ask Monday morning to continue the panic. Then they could cover their shorts at an even lower price than Friday and/or pick up some shares at a lower price."

-They probably also knew a lot of people were probably going to get a margin call from the whole thing too making it even worse. I think a lot of people shorted on Friday for this reason too.