RE: IG21 Feb 2021 19:27
Look, they went to closings only about 1 month ago
That’s fine if their risk allocation model was working. If it was out of kilter, they probably hoped peeps would close to get back to equilibrium.
But nobody closed - wonder why?
So 100% margin means they are very short of stock
They don’t want to do the decent thing and buy to cover but abuse their position to try and force reductions.
If indeed, all this is true. But if it is, there is a prime facile clear abuse/ psi case to be made.
Let’s see but IG are on dangerous ground - again, if true cause I can’t see this nonsense being true.