Diamondback capital liquidating
Information concerning these risks and other factors can be found in Diamondback’s filings with the Securities and Exchange Commission, including its Forms 10-K, 10-Q and 8-K and any amendments thereto, which can be obtained free of charge on the Securities and Exchange Commission’s web site at
Diamondback undertakes no obligation to update or revise any forward-looking statement.
Overall, the performance of hedge funds and fund of funds this year has been the most widely dispersed in six years.
And, such dispersion is bound to cause redemptions.
He then hacked into the online accounts of other broker-dealer companies, using their client investors' cash to make unauthorised trades of stocks and securities in order to manipulate market prices.
This left him in a position to reap huge gains – in effect by buying back or selling the same stocks at artificial prices, thereby realising a profit on transactions.
The SEC complaint, lodged in federal court in San Francisco, claims that Nagaicevs's scheme followed the same pattern on each occasion.
This started by establishing a long or short position in a traded security through unregistered brokerage firms, who provided him with anonymous and direct access to the US securities market.
These forward-looking statements involve certain risks and uncertainties that could cause the results to differ materially from those expected by the management of Diamondback.
Citigroup analysts already estimate that hedge funds have around 0 billion in cash reserves in anticipation of redemptions.
Given the complexity of the market - the way hedge funds and their holdings so interlace the financial system, this is a potential massive shock. Not to mention, you've got the added threat of hedge funds straight up liquidating and closing up shop.
13, 2016 (GLOBE NEWSWIRE) — Diamondback Energy, Inc.
(NASDAQ: FANG) (“Diamondback” or the “Company”) announced today the launch of an underwritten public offering of 2,250,000 shares of its common stock, subject to market and other conditions.These redemptions cause hedge funds to sell out of their positions and raise cash.Increased selling in the markets can create increased volatility, in a time when we are coming close to testing historical levels of volatility.This offering may only be made by means of a prospectus supplement and related base prospectus. Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.