Markets can become volatile and irrational. Accounting & Regulatory specialist Douglas G. Wilding, CPA talks about what happens to a market price when it drops.
This market was created with the use of high leverage. Any of those highly paid Bankers know that in a highly leverage market that is declining it is very difficult to get rational pricing. In an illiquid market the results are the same. Combine the two and you have a dangerous and risky situation. Anyone who has studied past market crashes can tell you this.
This market was created with the use of high leverage. Any of those highly paid Bankers know that in a highly leverage market that is declining it is very difficult to get rational pricing. In an illiquid market the results are the same. Combine the two and you have a dangerous and risky situation. Anyone who has studied past market crashes can tell you this.