
Oh, Whale: Misguided Media Frenzy Around Tech Trades Prompts Rethink At SoftBank
"While we are not concerned about a dominant ‘whale’-type investor, exceptionally large trades in thin markets", raise the odds of "exacerbated stock moves as dealers hedge exposure", JPMorgan's Shawn Quigg told Bloomberg, in e-mailed comments published Thursday.
The reference was, of course, to SoftBank and Masayoshi Son's "whale" trades, as the media took to describing them. By now, this story has perhaps worn out its welcome in the news cycle after a solid week of incessant coverage, muc
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