White Man Stay Winning! edge Fund Manager Cries After Admitting He Lost $150 Million

[King of Creampies]

Uploaded November 24, 2018

Seems this is why Wall Street and the Dow been getting them walls beat.

Quite a few hedge funds seem to have had also shut down. #MAGA

"A video that surfaced shows a hedge fund manager named James Cordier of Optionsellers.com tearfully telling all his clients that he lost their money. Cordier starts the video off by speaking directly to his clients and letting them know he lost their money. One estimate of the loss allegedly came out to about $150 million. During the video, Cordier shifted the blame for the loss to a “rogue wave” that occurred in the natural gas market. Cordier equated his management skills to a capsizing boat, saying “I am so sorry for not managing our ship and keeping her afloat.”-
- Yahoo Finance

"James Cordier of Optionsellers.com humbled by extreme market fluctuations in natural gas & crude oil. Apologises to his clients, who were totally wiped out in the process. It appears he lost big w/ short calls in crude, and saw an opportunity in natural gas. Things got much worse as natural gas rallied beyond what most expected, and buyers of the calls he sold cashed in, wiping his Hedge Fund out. Deep sympathy for his clients. More than likely Mr. Cordier was attempting to recover losses for his fund so his clients would finish 2018 on a high note. No speculation at all on intent other than giving the benefit of the doubt. It is a warning to all traders and investors to be cautious and manage risk."

 

[ORDER_66]

Might as well commit that...

 

[Benefited]

I can for once sympathize with whitey,the stock market hit me hard too this year thanks to Trumps big mouth

smh at him thanking people for bbq sauce,calling them family,but by the end of the video talking about "have a nice life".

Based on the comments,looks like he tried to short Natural Gas in the winter time? I know the exact spike that crushed him like a tsunami.

 

[EBK String]

black man wouldnt even be trusted with 1 million, but thee incompetent cac bros get hundreds of millions to play around with.

 

[KING WILL]

Read about this guy during the week.

Hes down here in Tampa. That $150 M is from about 300 Clients.

What where they thinking???? That kind of money and they risk it to an options seller???

A Blue Ship stock that pays dividends is a much better option.

 

[Bunchy Carter]

I lost 150 mil in a dice game, it's all good, you can bounce back

 

[wtfyomom]

theyre all scumbags and crooks he aint the only one

 

[KING WILL]

And I just read that some of those accounts are at an negative balance.

So, some of them folks that just lost a half mill, or more has to pay just to get their accounts back to 0.

WTF!!!!!!!

 

[Dorian Breh]

And I just read that some of those accounts are at an negative balance.

So, some of them folks that just lost a half mill, or more has to pay just to get their accounts back to 0.

WTF!!!!!!!

Yea, that’s the game, G

 

[Kiyoshi-Dono]

What where they thinking???? That kind of money and they risk it to an options seller???

Promises and Greed..
It’s the Amerikkkan way..

 

[Cat piss martini]

Trumps america.
blame the traitor and thief.

 

[Goombreh]

 

[LiveFromLondon]

How does one become a hedge fund manager

 

[Brock Landers]

Bulls and bears can both eat you just gotta know how to play your position

I was shorting the fukk out of everything

 

[King Frost]

"FCStone borrowed on margin against their clients’ accounts to cover, which caused them to not only lose 100 percent of their account values, but now they also owe FCStone for the loans,"

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