little guys bust a hedge fund
May 30th, 2022 at 2:07:56 PM
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the hedge fund Melvin Capital shorted Gamestop
the little guys at Reddit, Twitter and Robinhood love Gamestop - they united and went on a buying spree
Melvin Capital lost more than $6 billion in January due to this and had to cease operations
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click the google link and then click the nytimes.com story to beat the NYT paywall
.
https://www.google.com/search?q=hedge+fund+goes+down+gamestop&oq=hedge+fund+goes+down+gamestop&aqs=edge..69i57j0i546.9293j0j1&sourceid=chrome&ie=UTF-8
.
the hedge fund Melvin Capital shorted Gamestop
the little guys at Reddit, Twitter and Robinhood love Gamestop - they united and went on a buying spree
Melvin Capital lost more than $6 billion in January due to this and had to cease operations
.
click the google link and then click the nytimes.com story to beat the NYT paywall
.
https://www.google.com/search?q=hedge+fund+goes+down+gamestop&oq=hedge+fund+goes+down+gamestop&aqs=edge..69i57j0i546.9293j0j1&sourceid=chrome&ie=UTF-8
.
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
May 30th, 2022 at 3:30:23 PM
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I remember when the first people discovered the huge short positions that Melvin Capital had, not just on Gamestop but also on AMC Theaters. It was a whole short squeeze and Melvin Capital was just the biggest fish in the pond.
Aut inveniam viam aut faciam
