>>12744919 (PB)

Somebody wants Tarrio out of the way to move someone else up or as a way of gutting PB.

>>12745165 (PB)

Influence in Melvin now selling at distress pricing but there is even more behind this investment. As far as "confidence" goes, some joint influence behind those two directed them to do this. That "confidence" extends no further than sharks circling a victim ripe for the taking does.

Possibly because Citadel and Point72 are in a precarious position that sucks if the domino's start to fall. NOBODY moves $2.75bn into a competing fund without a SERIOUSLY compelling reason.