2 ms·
>melvin capital is already 30% of their equity down in January The thing is, they won (bigly) almost every year since their inception, it's a relatively minor
by nomay 6y ago
>melvin capital is already 30% of their equity down in January
The thing is, they won (bigly) almost every year since their inception, it's a relatively minor mishap for them even if they gain nothing for the rest 11 months.
Guess what, they and their clients will be laughing their asses off and move on along with their high life.
- PartiallyTyped 6y agoThey are employing every trick in the book, they have vilified retail, they are launching ladder attacks, they (citadel) are exploiting information about stop losses set up by users, they keep funding articles and smearing the people. This isn't how somebody in control acts. They even doubled down on their position and increased the number of shorted stocks in the previous week.
- imtringued 6y agoIf retail investors join the fantasy economy there is less value to extract from the real economy.