EVERGRANDE STOCK SUSPENDED β HERE WE GO π₯ β AMC Stock Short Squeeze Update
1,205The Evergrande stock was suspended on Monday for announcements, Evergrande also has a $250m note due October 3rd, which has a 5 day grace period before Evergrande enters default.
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Links;
https://twitter.com/BossBlunts1/status/1444846200885293059
https://twitter.com/koryamc1/status/1444783820847427596
https://newsbinding.com/banking/i-think-we-are-heading-for-disaster-a-48-year-market-vet-warns-that-inflation-will-be-more-persistent-than-expected-and-force-the-fed-to-pull-money-out-of-the-system-and-says-stocks-will/
Evergrande anyd many other hong kong stocks were suspended today, it is not looking great for China right now.
Bank of America are also experiencing more problems and raising money in more shady ways like their $123bn shelf offering, which allows them to sell up to $123bn in equity at any point.
Finally, a market veteran predicts an 80% market crash this year, after nailing the top of the S&P500 at $4,500 with a prediction a few months ago.
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