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Message: Re: Margin calls
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Mar 10, 2020 01:45PM
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Mar 10, 2020 01:50PM

Mar 10, 2020 02:02PM
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Mar 10, 2020 02:32PM

Mar 10, 2020 02:49PM
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Mar 10, 2020 03:41PM

Mar 10, 2020 03:53PM
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Mar 10, 2020 04:01PM
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Mar 11, 2020 01:21PM
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Mar 11, 2020 01:44PM
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Mar 11, 2020 01:57PM

"I think we will look back in the not to distance future & realize that our "another chance" moment is happening now."

I believe you are right if you mean that 'now' is over the next few months.  I no longer believe that the NFK Late Breaker will be the big catalyst for the SP.  Not the one that sends us up multiples, imo. Only because of the current end-of-the-world hysteria. For those in the know like the well-studied bunch here, the event will inform us greatly about enterprise value but I don't think the market's attention span is long enough to notice and digest the news and then boldly invest in RVX against the panic and market exiting stampede going on in virtually all stocks.

I'm old enough to have gone through a lot of crashes, starting with '87.  They all feel different.  I imagine that I have grown a thick skin to them, at least I should have grown a thick skin by now.  This one feels very different. Firstly I don't remember a pandemic caused crash.  That's notable because this time its more than those invested in the market that are panicking.  EVERYONE is panicking and we live in a world where you can dump a stock portfolio with a couple of clicks of your smart phone while riding the subway.  Just saying that this enviroment could cause a worse stock market crash than the one we saw in 2008/2009.  I don't want to be alarmist but like I said this is global mass hysteria now.  There is good chance the global economy will virtually shut down and take a gut punch like it has never experienced before.  We had a ful plate of uncertainty before this pandemic. Markets hate uncertainty more than the assumed worst case scenario.  I hope that gets defined sooner than later.  We have great news lined up, potentially, and I would hate to see this news get no more exposure than a fart in a hurricane while everyone is down in the bunker . 

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