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BARMAN : and once the hedges start losing the cry like little babies and call time out. .aka.. HALT. and then hit the F3 BUTTON cuz it's infinite liquidity according to self admission by a hedge fund fuck...
Justin Brewer BARMAN: … but when the new CAT system starts on May 31st, the Hedgies are F—ed!
JC88 : Looks like the time will come next week.
3 Pineapples Justin Brewer: what is CAT system?
Spirited_Apricot 3 Pineapples: Cat is a system which is designed to track each individual stock, and when hedge funds short stocks, they can borrow the same stock several times, and that is why you hear that a company is being shorted 120% 150%, it means that stock has been borrowed. The cat system will kind of number each stock and know if they have been bought or borrowed and avoid the short position to climb more than 100%.
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