LogFAQs > #951763908

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, Database 8 ( 02.18.2021-09-28-2021 ), DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	Councidentally as GME fell Citadel borrows $600 million USD
ScazarMeltex 03/16/21 10:13:57 AM #11:	Fam_Fam posted... I figured they are just trying to crush WSB. and they have the money to do it (and if not, they can just borrow more). Reddit isn't going to outmuscle these guys on their own It's not very bright though. They can borrow all that money but they are still on the hook for it. Even if they can crush WSB it mostly means nothing to the WSB crowd. If WSB loses money, big deal, it was money they never had if they didn't cash out, they are only out their initial investment. Citadel is out far more. This is clearly a case of sunk cost fallacy and ego. --- "If you wish to converse with me define your terms" Voltaire <cite>ScazarMeltex posted [p:951763908] in Councident... [t:79350997]...</cite> <quote>Fam_Fam posted... </cite> <quote>I figured they are just trying to crush WSB. and they have the money to do it (and if not, they can just borrow more). Reddit isn't going to outmuscle these guys on their own</quote>It's not very bright though. They can borrow all that money but they are still on the hook for it. Even if they can crush WSB it mostly means nothing to the WSB crowd. If WSB loses money, big deal, it was money they never had if they didn't cash out, they are only out their initial investment. Citadel is out far more. This is clearly a case of sunk cost fallacy and ego. --- "If you wish to converse with me define your terms" Voltaire</quote> ... Copied to Clipboard!
Topic List	Page List: 1