ty B
Bwahahahahaha!!
>>127026 lb
No worries
I did say dat
kek
Not a biggie-gotta wait to see if that really her anyway.
Not AF2 kneepads in SAM221 USAF C-32A passing over southern England
German AF GAF827 A319 departed Brussels Int'l- German Defense Minister on final at Koln
German defense minister sees no sign of Russian withdrawal, 'just words'
DERP!!
https://www.msn.com/en-gb/news/world/german-defence-minister-sees-no-sign-of-russian-withdrawal-just-words/ar-AATYLhA
SPAR97 USAF G5 NATO AC heading to Warsaw too
RAF RRR7214 Rivet Joint still over Ukraine
>>126978 lb
Not AF1 Joe in 82-8000 on descent back to JBA from Cleveland-Hopkins Int'l depart
09-0017 USAF C-32A already arrived at JBA from it's Wright-Patterson AFB depart
And that is IT for BOTUS today
https://factba.se/biden/calendar
Not AF2 kneepads in SAM221 USAF C-32A on descent for Munich from JBA depart
SPAR93 USAF G5 departed Munich nw
Harris to meet world leaders in Munich amid Ukraine tension
https://www.reuters.com/world/us-vp-harris-meet-world-leaders-munich-amid-ukraine-tension-2022-02-17/
gotta rest
busy-ass morning upstairs and all over
Love it though!!
back later
SAM310 USAF C-40B (WH NSO AC in the past and Jake Sullivan) on ground at Munich-shows on final but landed 1 hour 15 minutes ago
>>127006 lb
SAM376 USAF C-40B (Blinken) arriving at Munich shortly
BOXER42 USAF C-40C on ground at Munich Int'l from Tel Aviv depart
This AC is the list on..
>>126436 lb Pelosi to lead Congressional delegation to Israel-israelnationalnews
I dunno who is on this one but will eventually find out
SAM364 USAF G5 on descent for Souda Bay, Crete from JBA depart earlier
FBI Raids and Subpoenas Have Been Occurring on Wall Street. What’s Up?
Yesterday, the Wall Street Journal dropped the bombshell that the Justice Department has been conducting raids on prominent short-sellers, including Muddy Waters’ Carson Block and Andrew Left of Citron Research. The Journal reported that the Justice Department “has seized hardware, trading records and private communications….”
muh evil short sellers are ALWAYS blamed same in 2008-this is not an endorsement of naked shorting because that is an altogether different issue/problem
Reuters reported yesterday that the Justice Department’s probe is “part of a wide-ranging investigation into short-sellers and hedge funds focused on suspected coordinated manipulative trading, according to two people familiar with the matter.” Reuters also reported that “dozens” of subpoenas have been issued to various firms since early last year.
Of particular interest to Wall Street On Parade was a report on December 10 by Reuters which indicated that trading activity in the shares of GSX Techedu was in the cross hairs of the Justice Department because both Muddy Waters and Citron Research had circulated negative research on the company. If GSX Techedu, a Chinese online tutoring firm, is being probed, we can assure you that more than short-sellers need to be under investigation by the Justice Department. (The company has changed its name to Gaotu Techedu.)
GSX Techedu was one of the stocks that had been purchased in huge quantities by Archegos Capital Management before Archegos blew itself up in March of last year. Archegos was using tricked-up derivative contracts provided by major Wall Street firms that allowed it to hide its ownership interests in various stocks and obtain massive amounts of margin loans provided by the same Wall Street firms.
When we checked 13F filings with the SEC that were dated prior to the Archegos blowup to find out who might have been fronting for Archegos’ position in GSX Techedu, we found the following: Goldman Sachs held over 20 million shares of GSX Techedu with a put option on just 3.45 million shares; Morgan Stanley held over 14 million shares; UBS held more than 11 million shares; Bank of America held more than 5.8 million shares; Citigroup, over 4.8 million shares; and JPMorgan Chase, over 4 million shares.
1 of 2
2 of 2
The market value for all six megabanks’ holdings in GSX Techedu was more than $3 billion as of December 31, 2020. What was completely insane about these "sophisticated Wall Street banks" holding such a sizeable position in GSX Techedu as of December 31, 2020 was that on April 14, 2020 Citron Research had published a 34-page report calling the company “The Most Blatant Chinese Stock Fraud since 2011.” On May 18, 2020 Muddy Waters had released a 25-page detailed report on GSX Techedu which sized up the company as follows: “We are short GSX because we conclude that it is a near-total fraud.....“We conclude that at least ~70% of its users are fake, and we think it’s quite likely that at least ~80% of its users are fake.” Both reports offered compelling evidence for their charges of fraud.
But after the detailed reports of a fraudulent operation were published, instead of the share price collapsing, it actually soared from about $30 a share to over $100. That doesn’t sound like manipulation by short-sellers who should be under investigation.
No it's the market makers playing games to keep the system intact-a similar thing habbened in 2007 when Morgan Stanley sold a large chunk to one of the Arab SWF and had them make a choice to either do the deal before Morgan announced a huge qtrly loss or at current price before the loss announced-naturally they chose to take the deal after the loss announced and Morgan Stanley stock was jammed upwards from by about 20% making that deal more costly-I witnessed it cause I watched muh Puts on it become worthless after that huge loss announced
The share price of GSX Techedu did crash when Archegos blew up in late March 2021, because Wall Street firms had to liquidate all of the stock positions they had leveraged up on behalf of Archegos. Under its new name, Gaotu Techedu, the company’s share price closed at $2.47 yesterday. It has traded in a range of $1.55 to $2.50 since December.
The draft registration statement filed with the SEC for the listing of GSX Techedu’s American Depository Receipts (ADRs) on the New York Stock Exchange lists the following Wall Street firms as the underwriters: Credit Suisse, Goldman Sachs (Asia), Bank of America Securities and Deutsche Bank Securities.
This raises the question, if GSX Techedu was, indeed, a fraud at the time Citron Research and Muddy Waters published their reports, why didn’t these megabanks on Wall Street catch it when they did their due diligence as underwriters? If the company was not a fraud, why have Muddy Waters and Citron Research not been forced to retract their published reports, which remain online for anybody to read?
https://wallstreetonparade.com/2022/02/fbi-raids-and-subpoenas-have-been-occurring-on-wall-street-whats-up/
enclosed pdf
GSX Techedu Inc – The Most Blatant Chinese Stock Fraud since 2011
https://citronresearch.com/wp-content/uploads/2020/04/GSX-Techedu-The-Most-Blatant-Chinese-Stock-Fraud-Since-2011-ver2.pdf
Jim Chanos makes his living shorting bloated POS Co's like these (see Kynikos Assoc.) and they have not gone after him.....oh right because he actually supports BOTUS.
>>126974 lb
*Todays excuse is the deterioration of the Jobless claims #'s
THIS (below) is why it's been whip-sawed-shaking the tree both ways cause not enough of these (both sides) were closed-out.
Usually you don't wanna hold options into expiry but too many are this week hence the shake-out(s)
A $2.2 Trillion Crunch Time Looms for Traders Loaded With Stock Hedges
Stock investors, on guard for turmoil with everything from geopolitics to Federal Reserve hawkishness strafing their nerves, are bracing for a chaotic end to the week with $2.2 trillion of option expirations set to hit the market Friday.
The monthly event involves $545 billion of derivatives across single stocks scheduled to expire, Goldman Sachs Group Inc. estimates. About $985 billion of S&P 500-linked contracts and $165 billion in options tied to the world’s largest exchange-traded fund, the SPDR S&P 500 ETF Trust (ticker SPY), will run out, according to the firm’s strategist Rocky Fishman.
While the specific impact of the options market on stocks is never easy to quantify, equity indexes have shown a reliable pattern during the last year of lurching lower near the third Friday -- the day when many stock derivatives are closed. This time, volume is being whipped up by traders searching for protection in a market where the S&P 500 has swung by more than 1% in all but two sessions this month.
Exploding options volume has been a fixture of the post-pandemic era and repeatedly shown itself able to exacerbate volatility in cash equities. Among other channels, efforts to hedge positions among dealers are theorized to induce bigger swings in underlying securities, as market makers dart in and out of shares to balance positions, particularly around expiration.
While bullish contracts were once the instrument of choice among the meme crowd, investor demand for bearish options has been growing with the Fed expected to hike rates in March for the first time in three years. Amid a new-year selloff across assets, put open interest on SPY climbed to a two-month high, while that for the iShares iBoxx High Yield Corporate Bond ETF (ticker HYG) surged to a record. A similarly cautious stance is on display for individual stocks. The 20-day average of the Cboe put-call ratio for equities hovered near the highest level in almost two years-cap #3. Retail traders are now paying up for puts. Meanwhile, hedge fund short sellers are reloading at the fastest pace in more than a decade.
As skeptical as sentiment looked in the options market, investors are hardly bailing. In fact, they poured $34.1 billion into U.S. large-cap stock funds in the week to Feb. 9, the most ever, EPFR Global data compiled by Bank of America Corp. show.
If anything, Friday’s OpEx event could lead to an unwinding of hedging from options dealers, helping propel equity gains, according to Charlie McElligott, a cross-asset strategist at Nomura Holdings. It’s a complicated process,'''(really it is not-just understand the language and the mystery unveils itself-however he is right below*) but it works roughly like this: When a dealer sells a put option, it’s essentially taking a bet on the underlying asset to go up. To offset this unwanted directional risk, the dealer typically sells some of the asset to maintain a neutral position. When the put options expire, it will reverse those hedging moves, potentially creating a tail wind for the asset.
Another factor involving options dealers, McElligott pointed out, is their current “short gamma” position that requires them to go with prevailing market trends: buy stocks when they go up and sell when they fall.
That “means chase-y accelerant flows from dealer hedging into moves and creating overshoots in both directions,” McElligott wrote in a note Thursday. *“We have a ton of ‘push/pull.’”
https://www.bloomberg.com/news/articles/2022-02-17/a-2-2-trillion-crunch-time-looms-for-traders-loaded-with-hedges
The "law" usually never works for usplebs even when it is blatantly obvious.
Like none of this is going on when it has goes against them (like all the time-kek
>vindication will feelz guud
Yes....it will.
at least it has settled down on the BV side (looking at log)
had to correct that one
>muh MiG over CA
had the right meme with it cuz they don't know-kek
out of all that activity only one I don't know who on it
*out of all that activity only one I don't know who on it
is the one at Souda Bay Crete
Mebby JCOS
Allianz Takes $4.2 Billion Charge Over Collapsed Hedge Fund Debacle
2021 was a bad year for hedge funds, but few were hit as hard as insurance giant Allianz SE, which today announced it would take a €3.7 billion ($4.2 billion) charge tied to the implosion of some of its U.S. hedge funds.
The provision will hit last year’s net income by €2.8 billion, the company said in a statement late Thursday. And while the insurer expects to settle with major investors in the funds shortly, bringing some clarity to months of uncertainty on the legal bill for the matter, discussions with other plaintiffs, the U.S. Department of Justice and the U.S. Securities and Exchange Commission are ongoing. The company also warned that it can’t reliably estimate the total financial impact of the legal matter and expects additional expenses.
Some background: the Allianz hedge fund investment strategy, known as Structured Alpha, used "complex option strategies" to generate predictable returns without excessive risk, but according to the investors, imploded in February and March 2020 after quietly removing hedges designed to minimize losses. What is remarkable is that the hedge funds offered by the AGI unit were designed to provide protection against a market crash. Instead, two of the Structured Alpha Funds were liquidated at the end of March 2020 after suffering massive losses, and Allianz has since wound down the rest.
According to court papers, the Structured Alpha Global Equity 500 fund lost three-quarters of its value, lagging its benchmark by nearly 60 percentage points. Two other funds once worth $2.3 billion were liquidated, locking in investor losses.The collapse sparked a frenzy of lawsuits by investors alleging losses of some $6 billion, as well as an investigation by the Securities and Exchange Commission. (which will go NOWHERE)
Back in August, Allianz warned that the hedge funds implosion could “materially impact” future earnings, after the U.S. Department of Justice started a probe into the funds. Then, in September, a U.S. judge said Allianz must face investor claims it wrongly "abandoned" the investment strategies it promised to use on hedge funds that suffered massive losses as the COVID-19 pandemic shook markets early last year.
It wasn't all bad though: Allianz said operating profit rose 25% to 13.4 billion euros last year, and the company announced a plan to buy back as much as 1 billion euros of its own shares. Indeed, as Bloomberg notes, the hedge fund debacle "overshadowed a strong rebound at Allianz from the impact of the pandemic, with higher prices and an economic recovery fueling underlying earnings."
https://www.zerohedge.com/markets/allianz-takes-42-billion-charge-over-collapsed-hedge-fund-debacle
evenin'
>deadman walking
>msm will only be able to hold out for so long.
They been doin' a great job so far-not that I consume berry much of it-only thing I've seen is Fox stuff-
Whitaker about the only one that went off the rest pretty tame
kek
#858 update 1
>>127017 lb, >>127032, >>127034, >>127039 Hillary Clinton campaign attorney moves to dismiss Durham investigation case-nypost
>>127038, >>127039, >>127042, >>127044, >>127049, >>127053, >>127060, >>127069, >>127076, >>127088, >>127110 pf report(s) Nancy and 'delegation' bails Tel Aviv, Sullivan departed JBA, Austin to Warsaw, BOTUS done for the day, kneepads to Munich, BOXER42 (politicians) to Munich, Blinken and Sullivan also to Munich,
>>127040, >>127009 lb additon to Graphic-from Scavino Truth post:17 letters at 17 seconds
>>127043 kek worthy Muh Dick! w/ David Lametti
>>127045, >>127047, >>127048 re:-Executive Order 13825—2018 Amendments to the Manual for Courts-Martial Military has been involved since day 1. 2000 was the start, remember? Drop #577,681,1082,1279,187-kek,160
>>127049 Not AF2 kneepads heading to Munich
>>127049 DERP news: German defense minister sees no sign of Russian withdrawal, 'just words'-reuters via msn
>>127050, >>127051, >>127055 @HowleyReporter from May 2020 a reminder on Posobiec -soc. media
>>127054 DAILY | The calm before the storm in Ottawa-odysee and rebelnews
>>127056, >>127057 Ottawa bylaw threatens to seize protesters' pets and 'relinquish' them after 8 days-telegram and rebelnews
>>127058 @CBS_Herridge"#Durham NEW 29 page Sussmann filing accuses Durham of “extraordinary prosecutorial overreach” + seeks dismissal false statement charges because issue is “entirely ancillary matter – about who his (Sussmann’s) client might have been when he met with FBI”-soc. media and storage.courtlistener
>>127059 House committee asks government to end Trump hotel lease before Trump can sell it for $370 million (Trump to profit roughly $76 million)-cnbc
>>127060 Harris to meet world leaders in Munich amid Ukraine tension-reuters
>>127071, >>127072 FBI Raids and Subpoenas Have Been Occurring on Wall Street. What’s Up?-wallstonparade
>>127073, >>127074, >>127075, >>127077, >>127079, >>127082 Durham files response to Sussmann motion to strike paragraphs-Courtlistener via soc.media
>>127083 A $2.2 Trillion Crunch Time Looms for Traders Loaded With Stock Hedges-B'berg
>>127093 @CBS_Herridge:"NY judge ruled former President Trump and his two eldest children must testify under oath in NY State’s civil investigation into his business practices. Trump’s lawyers countered that AG James + the probe are tainted by political bias.-soc.media
>>127096 Allianz Takes $4.2 Billion Charge Over Collapsed Hedge Fund Debacle-zh
>>127099, >>127102 @KoaTheGreat:"A clinical trial regional director filed a $2 billion lawsuit against Pfizer & BioNTech alleging the pharmaceutical companies fabricated & falsified their covid-19 vaccine trial data"-soc. media
here wut I got
SAM276 USAF G5 KAF AC of interdast se back to JBA from Minneapolis Intl after about 9 hours on the ground
This is in the top 3 of high-level G5 ACs in the 99th Airlift squad, excepting the three super secret ones that are never seen, so that it is still over CONUS (when just about everything else is overseas) is pretty interdasting.
HOMER51 USAF Rivet Joint starting it's NATO harassment program in the Black Sea.
From Souda Bay, Crete