What are the odds?
The monster whale shorting BTC/ETH Friday was placing shorts up till exactly 1 minute before Trump threatened tariffs against China.
The last short was placed at 20:49 GMT. Trump tweeted at 20:50 GMT.
What incredible "luck"
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
R/Everythingstocks
8840
Followers
52
Following
113K
Visitors
Follow
Market Insights
Hot Topics
Trump's 'Taco deal' sparks market rebound : Market rebound sustainable ?
1. If tariffs pause, which sectors benefit first? 2. Trump's "threat-compromise" cycle normalizes—how to hedge across assets?
Moo Options Explorer
Apr 7 17:28
Weekly roundup: Tariff turmoil and recession fears dominate
LilyLosm : his son
probably
Annoynimous : institutions and insider trading will always win. Retailers ride on the wave, that's all there is to it. Trump will proceed to Middle East and post some good news on Hamas releasing hostages, retailers get shocked while they are chasing the climb.
Lawrie : that is reality.. someone is incredibly able to do such ability but someone on the other hand losing everything until committing suicide
73685732 - Alexander : terrible. insider trading
10baggerbamm OP 73685732 - Alexander : hence the saying
it's not what you know it's who you know
10baggerbamm OP Lawrie : I've known first hand several people that have taken their lives because of the stock market. It's very sad to say the least..
YansenThai555 10baggerbamm OP : Do you think all of them were traded with high leverage , my big brother? That's why they've lost everything in just one day
10baggerbamm OP YansenThai555 : this goes back years ago 1991. the first guy I knew his name was Terry he sat a couple of desks away from me and he went all in. he had all of his money in a particular company I can't remember the name and he had 100% of all of clients money in the same company. he was so convinced that the stock was going to pan out the company was going to do well it was a mining company a gold mining company of all things. that's all he ever bought... so before I got to the company that's all he ever bought and for the time I was with the company everyday that's all he ever talked about was his Gold mining stock ..he was convinced they were going to have a discovery and the price of gold was going to break out.. the manager and several other stock brokers constantly ridiculed him, mocked him. this was everyday they constantly berated him constantly put him down they laughed at him how's that gold junk doing ..they're drilling empty holes.. it's nothing but dirt.. and then one day I remember the company released a statement that the results from this one claim that they said was loaded with gold.... it didn't pan out and the stock dropped dramatically. he went home he blew his brains out. the manager Paul tried to pretend like he gave a shit because the regional manager came down and now the manager was trying to pretend like oh you know we have to be considerate of other people. shortly after this happened Paul got into a really bad car accident ... he was really fucked up he spent two months or so in the hospital so I guess there is karma in the world.
the next story is really really sad AG Edwards was 120 year old company Ben Edwards founded the company and they were publicly traded on the New York stocker change to ticker symbol was AGE. I knew several people that worked in one of the offices very well and this company was completely different than Lehman Brothers Solomon Brothers shearson Brothers Drexel Burnham you can go down the list Merrill Lynch they were not a company based off of trading revenues they were not looking for stock jockeys. the people that they hired were in it for the long term build relationships over long term diversify dollar cost in own a little bit of different companies and different industries by mutual funds it was the way that everybody was taught to invest. AJ Edwards rewarded their employees verythe company would match you on your contributions to the esop (employee stock option plan it was basically your retirement plan of the company if you invested in the company stock). it was no less than 20% and in some years it was a 100% of what you invested they would match you. this was dependent upon the profitability of AG Edwards that year. so at the end of the year there was also the bonus to employees which if you invested some of your paycheck in the retirement plan you would get the match whatever it was based off a profitability. so most of the employees were multi-millionaires not because they were huge producers most of them their income back then was probably 80 to 150k there might have been a few guys in the office over $200,000. these are people that have been in the business 30 years 40 years with ag Edwards I mean a long long long time. they spent their entire career at Ag Edwards. so a lot of the income that the employees were making was assets under management that's how they were getting paid in addition to commissions so that's why it was important to build assets more so than generate stock commissions because they would pay you for what you had under management a percentage every quarter
at any rate Ben Edwards the third I think it was the grandson he now was running the company and he decided to sell and he sold it to a bank I forget the name of it it'll hit me after I'm done and they were involved with a lot of negative amortization loans. so they had a division of the company that was lending in the real estate market during the boom of the 2000s.. up to the house of cards 2008 where everything collapsed. and the company that acquired AG Edwards their stock imploded it collapsed because they reported massive losses they were getting put back loans of no value so all of these people that had all of the AG Edward stock it was converted over to this other company and most of them went to work for this other company.. and when 2008 came they lost everything their entire savings was in this other company stock because AG Edwards stock rolled into this bank stock. this company was more than a bank they had a brokerage division and then they had a banking division but it didn't matter the losses from the real estate during 2008 it collapsed not only the stock market but it took down lenders you had countrywide the largest lender ready to default and Bank of America was forced to buy everything including all the bad loans. so at any rate when the stock collapsed these employees that were AG Edward life employees they had all of their net worth in AG Edwards stock I mean I say that above and beyond their house but it was millions of dollars it was their whole savings it was their whole retirement was rolled into this other company and when 2008 came that bank stock collapsed and these people lost everything.. several of these people committed suicide because their life insurance policies were more than adequate to provide for the families because they no longer could.. I mean it's a tragedy because one of the guys his name was Irving and I remember him telling me when I was very young if you want to have a long career always put the clients needs first the company second and yours dead last and if you remember this and always think this way you'll have a long career as a broker..
YansenThai555 10baggerbamm OP : I feel very sorry for what happened to them...These people put everything on the line while the unpredictable nature of life made them to encounter a rare market collapse, resulting in the loss of everything they had worked hard to build for a lifetime... In the end those who could not accept this fact would choose to end their lives..so sad
Jackpot 100 LilyLosm :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
View more comments...