What is everyone’s thoughts on the pumps on both Carvana and AMC? I believe it relates because the short hedge funds are involved in them all and hurt no matter which one goes up.
My tinfoil is on thursday the funds needed to post more collateral for their huge CVNA short positions and needed to sell other stock for liquidity to post collateral increases which tanked the rest of the market that day. (assuming they did with sales cash instead of doing a collateralized loan)
These two pumps back to back cannot be good for their business
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