Goldman Sold $10.5B of Stocks in Block-Trade Spree
bloomberg.com
Goldman Sold $10.5B of Stocks in Block-Trade Spree
1–9 of 9 posts
Re: Goldman Sold $10.5B of Stocks in Block-Trade Spree
#2[flagged]
Re: Goldman Sold $10.5B of Stocks in Block-Trade Spree
#3What does this signal?
Re: Goldman Sold $10.5B of Stocks in Block-Trade Spree
#4What does this signal?
Most likely a single or small number of GS large private clients liquidated some very large positions in these stocks. These stocks had already taken a huge beating resulting from a rather aggressive push in the ongoing rotation from high growth stocks into more value plays that lagged the market in 2020. All of these stocks were already down 20% or more since Feb.
My best guess is these clients had overly leveraged positions and needed to liquidate holdings in response to margin call.
Re: Goldman Sold $10.5B of Stocks in Block-Trade Spree
#5[dead]
Re: Goldman Sold $10.5B of Stocks in Block-Trade Spree
#6What does this signal?
Most likely a single or small number of GS large private clients liquidated some very large positions in these stocks. These stocks had already taken a huge beating resulting from a rather aggressive push in the ongoing rotation from high growth stocks into more value plays that lagged the market in 2020. All of these stocks were already down 20% or more since Feb. My best guess is these clients had overly leveraged…
that’s the scuttlebutt.
https://finance.yahoo.com/news/exclusive-tiger-cub-archegos-...
Re: Goldman Sold $10.5B of Stocks in Block-Trade Spree
#7What does this signal?
Most likely a single or small number of GS large private clients liquidated some very large positions in these stocks. These stocks had already taken a huge beating resulting from a rather aggressive push in the ongoing rotation from high growth stocks into more value plays that lagged the market in 2020. All of these stocks were already down 20% or more since Feb. My best guess is these clients had overly leveraged…
You seem to be right. A hedge fund, Archegos Capital, liquated their positions because of being over leveraged lol.
Re: Goldman Sold $10.5B of Stocks in Block-Trade Spree
#8Earlier quoted context omitted.
Most likely a single or small number of GS large private clients liquidated some very large positions in these stocks. These stocks had already taken a huge beating resulting from a rather aggressive push in the ongoing rotation from high growth stocks into more value plays that lagged the market in 2020. All of these stocks were already down 20% or more since Feb. My best guess is these clients had overly leveraged…
You seem to be right. A hedge fund, Archegos Capital, liquated their positions because of being over leveraged lol.
Lol?