Melvin Capitol lost 53% in January, sources told Insider. The Wall Street Journal first reported the loss.Melvin Capital was among the high-profile hedge funds that got.
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OUTFUCKINGSTANDING‼️
You say this like Melvin is a person and not a massive hedge fund
What happened to the Muller Report Everyone of the REPUBLICANS that continue to justify the hateful and criminal behavior of Trump and his allies need to be removed from your seats permanently!!! Especially Mitch McConnell PERIOD!!!!!
The Kids are Alright.
Maybe they can pull themselves up by their bootstraps? 🤔
🙂🙂🙂
I love how reports of them already closing their positions started coming out. As far as i know GME is still pretty heavily shorted, Think AMC was second on the shorted list. This comment does not contain financial advice, just putting out facts.
Great news
absolutely based
oh no
So he still has 47% of... several million at least? Cry me a fucking river.
Doing risky shit involves risk.
😂
Over half way there
Got it, 47% to go. Hold onto your butts!
Good.
“Russian roulette player played stupid game won stupid prize” they deserve it.
Pretty righteous if you ask me
Boo hoo
good 😌
So who else remembers time shares
A moment of reckoning for the wolves of Wall Street
They should learn to make solar panels. Yellen can hook them up, she needs to earn her bribe.
insidernews It’s called gambling for a reason
If it’s that easily broken, it wasn’t built well to begin with
That's one way to tax the rich. Maybe Elizabeth Warren's plan looks better now.
thisisinsider I am business administration student/graduate who am so ready and willing to put my little knowledge and skills into practice and learn more in the practical fields.... Please help me🙏🙏🙏 with any assistance to realize my dreams.
insidernews
Is there an address to which we could send some boot straps?
HOLD THE LINE
The moral of this story should be that it HASNT ENDED. It’s NEVERENDING. Media needs to quit referring to this in the past tense as if it’s inconsequential or not existing in real time. They did the same with OWS. CURRENTLY melvin is losing up to 50+%. The total is still running
Oooof... Melvin Capital really fumbled the bag for their clients. Bad decision making 🤷♂️😏
We should also know how much money they made by shorting and ruining retails in the past years.
Sweet.
Hold!
“Reddit fueled and mainstream media ignited” is more accurate
I guess they'll be skipping the avocado toast this week if they're smart.
I'd have no problem with this being the new normal until hedge funds lost everything. Just saying. (if only)
No more avocado toast, be more cautious Melvin.
Of only they learned how to invest their savings. 🤡💩
You make it sound like is a bad thing.
The moral of this story should be that Hedge funds use questionable investment practices to make money. Think sub prime loans fiasco of 07/08. The “experts” take advantage no matter the risk! Beware who you have faith in.
Good. Hold and make him lose the other 47%
They have been “earning” 30% gains yoy for last 3 years. Not sure if that is before/after fees.
Good. That's a nice start.
Like any investment, this is a risk and they just have to accept it. Rich people always wanting to have their cake and eat it too — it’s why we should eat the rich.
Good
Imagine being customer of Melvin Capital. What a poor judgement of CEO and others. I'd totally take out my assets away from those cokeheads. on a sidenote 'Plotkin earned some $300 million in compensation in 2017' trading stock has risk shorting stock has infinite amount of risk
Big picture
He just bought a mansion in Miami. I might help him out and buy it with my $GME gains in case if he needs to liquidate his assets.
Should have tried making coffee at home
Hold 🙌💎🚀
Start learning to save your money. Cut back on the $5 Starbucks every morning.
Tighter regulations mean favor the billionaires and burn the small time investors.
That’s what they get for attempting to destroy companies and livelihoods
Good!
You win some and lose some. Winning more is better I am told.
yep, this is only the beginning.
and that's a good thing
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