4 ms·
Melvin capital is in over its head. They have no idea how many people are willing to loose $100 just to stick it to them. HODL
by sschueller 6y ago
Melvin capital is in over its head. They have no idea how many people are willing to loose $100 just to stick it to them. HODL
- paulpauper 6y agothey should rename it Mervyn capital
- yumraj 6y agoHODL?
- pcdoodle 6y agoIt's been really fun watching this. HODL.
- floxy 6y ago>They have no idea how many people are willing to loose $100 just to stick it to them. ...or maybe $600 stimulus checks? Plus a bunch of gambling addicts who have been missing out on sports betting because of corona? Is there anyway to know how many shares are in the hands retail investors vs. institutions?
- SubjectToChange 6y agoHow many people are going to lose their investment though? Melvin and others are obligated to pay and over 100% of the shares are still shorted. At this point it seems like the concern is whether or not they can pay out. I don't know much about trading so I'd like to hear anyone with better insight.
- swiley 6y agoMost of them are. That's what people here aren't getting: These people have a point they're making and feel like making themselves heard is a decent use of some spare change.
- henrikschroder 6y agoAlright, you convinced me. I'm in, you sons of bitches.