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TopicStock Topic 34
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12/03/21 2:49:30 PM
#396:


I'm seeing a theory that today's crash is about brokers arbitrarily increasing margin requirements on securities and causing margin calls-- I guess BBIG was 30% margin maintenance on a lot of brokers and was jumped to 100% today (has always been 100% on E-Trade and I wouldn't be using margin on a stock like this anyway).

While tinfoil hats at BBIG say this is an attack on retail (which honestly with all the stupidity I'm seeing in the market these days I'm not fully ruling that out) this is more likely happening across the board and people with highly concentrated positions are just noticing it more. Probably because of inflation concerns, brokers wanna get their money back now as debt has less value when the value of the dollar is lower.

So I'm expecting a big bounce across the board next week is what I mean to say.

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