RSX NAV is 1.29, it's currently trading above 7. Easy trade, short this to NAV.
PE fund offered 1mxn cent for each share. This is going to 2 cents max. Sell and short now
Political and economical conditions are settled for a hyperinflation cycle in Turkey. Rampant inflation, panic hoarding of real assets, limits in banks, negative reserves excluding swaps, and crazy politicians. Compare it to the argentinian hyperinflation cycle, the patterns are the same. Short Turkish Lyra,we could see a small retrace here, but the cycle has...
Where do you think all this coins are goint to end? Good place to hold a short.
The bubble is bursting. Weibo management denied the news of the company going private. $WB stock should be on the $54-$56 range again within hours, a couple of days at max.
As we all know, Discovery and Viacom got crushed with the margin call that Archegos suffered past week. This fall has nothing to do with fundamentals or something that matters to the firms, is simply the fact that banks were forced to sell these stocks at discount. We can expect a quick recovery, perhaps not to the ATH, but a pretty decent recovery.
To take advantage of this situation you just have to long BTC and short XRP with the same ammount, creating a hedged strategy. If BTC crashes XRP will crash even more, and if BTC keeps going up, XRP will not keep up because of the SEC action against ripple. The only scenario where you loose is if XRP goes up when BTC is crashing, an impossible one. The potential...