3 ms·

Melvin lost 30% this year...this month https://www.wsj.com/articles/gamestop-mania-reveals-power-shift-on-wall-streetand-the-pros-are-reeling-11611774663?mod=m

• Anon1096 6y ago
  As I said, they made a painful exit but they were able to get out. If there was a real squeeze going on, their losses would have been eye-watering and far far over 100% of their assets. In 2008, Volkswagen became the most valuable company in the world for a day because short sellers literally _could not_ exit their position. There were no shares to acquire at any price. Gamestop, with 90M trade volume in the last day, does not resemble a squeeze at all. Short sellers are able to leave and lick their wounds. In a squeeze they'd be trapped.
  • dkirill 6y ago
    They did not exit and even if they did somehow you can't know that.
    • polynomial 6y ago
      Technically GP could know that if they have insider info. But now I'm curious, if GP can't know they exited, how do you know they didn't? Sincerely asking.