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re: BlackRock suffered $1.6 trillion in losses in 6 months

Posted on 7/23/22 at 12:28 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124546 posts
Posted on 7/23/22 at 12:28 pm to
quote:

Wall Street woke up to blue chip equities trading at $0 because there was no market for that many shares at once.

So who held the shares at $0 ?
Posted by Big Scrub TX
Member since Dec 2013
33733 posts
Posted on 7/23/22 at 12:30 pm to
quote:


So who held the shares at $0 ?
He's out of his mind.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11280 posts
Posted on 7/23/22 at 12:47 pm to
Other shareholders who believed the market price at $0 was below the intrinsic value of the shares
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