[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 212 KB, 990x852, 1593586951644.png [View same] [iqdb] [saucenao] [google]
26661416 No.26661416 [Reply] [Original]

>Hedge fund Melvin Capital closed out its short position in videogame retailer GameStop Corp.
>Andrew Ross Sorkin that the position was closed out Tuesday afternoon following a huge loss.
>Andrew Left of Citron Research, in a video posted to YouTube on Wednsesday, said he covered the majority of Citron's short position in GameStop in the $90 price range.

https://www.youtube.com/watch?v=yS4yPsmaDDQ&feature=youtu.be

https://www.marketwatch.com/story/hedge-fund-melvin-capital-closes-out-gamestop-short-cnbc-2021-01-27#:~:text=Hedge%20fund%20Melvin%20Capital%20closed,afternoon%20following%20a%20huge%20loss.

>> No.26661471

>>26661416
except they can't close ;^)

>> No.26661478

>>26661416
So uh, that was it huh?

>> No.26661513
File: 237 KB, 970x2048, 16117504851923288785970625619294_93260723002652.jpg [View same] [iqdb] [saucenao] [google]
26661513

>>26661416
Nope

>> No.26661516

Stop making your own fucking thread on a subject that already had multiple threads made. Why are you cock sucking /pol/fags like this???? Go the fuck back.

>> No.26661542

>>26661416
No they didn't, they can't. DIE KIKE.

>> No.26661601
File: 16 KB, 328x370, 1610920664316.jpg [View same] [iqdb] [saucenao] [google]
26661601

>>26661416
they wouldn't lie, would they???

>> No.26661617

>>26661416
It's over. I honestly feel bad for those who think it's just another jew lie. They're about to find out what getting jewed is really like.

>> No.26661643

lier lier pants on fire

>> No.26661656

>>26661416
lol, this damage control
These shameless kikes, my god
They haven't closed out jack shit

>> No.26661665

>>26661416
FAKE. NEWS.

>> No.26661673

>>26661416
SELL NOW GOYIM YOU COULD LOSE ALL YOUR MONEY IF YOU DON'T SELL NOW

>> No.26661727

You fucking idiots really don’t understand how serious this is do you? You’re causing major institutions to lose billions of dollars and might even cause the grandparent loaning bank to go under. People will lose their homes, peoples mortgages and investments will be impacted as a result. There is a loser on every trade and mark our words at the end of the day it WILL be you.

Enjoy retaining a lawyer and fighting off discovery for the next five years. Was it worth ruining your life for a 10x? Good luck explaining why you’re using words like “Jew” and “nigger” to a federal judge. Enough is enough and its about time someone took you man children down a notch.

>> No.26661775

so who did they sell to? another bigger fund or? doesnt matter someone will get burned either way

>> No.26661781
File: 54 KB, 475x356, 1611106491692.jpg [View same] [iqdb] [saucenao] [google]
26661781

>>26661416

>> No.26661818

>>26661601
Do they have a choice? Alternative is bankruptcy and them losing over 10b of investors money. And then someone else losing even more. Lying is a lot better.

>> No.26661841

>>26661416
I think there wasnt volume to support that

>> No.26661843

2 more days
then gg no re

>> No.26661861
File: 1.45 MB, 446x469, E0AgUWY.gif [View same] [iqdb] [saucenao] [google]
26661861

>>26661478
>uh
>huh

>> No.26661866
File: 41 KB, 641x530, 1604708725875.jpg [View same] [iqdb] [saucenao] [google]
26661866

>>26661471
>>26661513
>>26661542
>>26661601
>>26661643
>>26661656
>>26661665
>>26661673
>>26661775
>>26661781
https://www.bloomberg.com/news/articles/2021-01-27/melvin-capital-closes-out-its-gamestop-position-cnbc-reports
https://www.cityam.com/melvin-capital-closes-gamestop-short-position-amid-reddit-feud/
https://www.cnbc.com/2021/01/27/hedge-fund-targeted-by-reddit-board-melvin-capital-closed-out-of-gamestop-short-position-tuesday.html

>> No.26661883

>bigger fund bought the debt
TO THE MOON !!!!

>> No.26661943
File: 110 KB, 634x482, 1402076047625.jpg [View same] [iqdb] [saucenao] [google]
26661943

>>26661416
The kike melvin is still going bankrupt, right?

>> No.26662015

>>26661866
>news organizations can never, ever tell lies
g u f f a w
stinky jew

>> No.26662071

>>26661866
They were always going to do this. Wall Street is directly linked to Bloomberg. FAKE NEWS

>> No.26662117

buy gme

>> No.26662126
File: 71 KB, 1280x784, photo_2021-01-27_08-02-41.jpg [View same] [iqdb] [saucenao] [google]
26662126

Odds are that they started this whole mess so there could have a huge long position? Close out their shorts and then go back in for another huge short at the top?

>> No.26662222

>>26661416
sage all fields

>> No.26662304

>>26661866
Bloomberg funded Red Mirage, all these kikes collude and were part of the steal.
Obviously lying to save their shekels.

>> No.26662935

>>26662222
Digits of truth