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You're correct. The 100% number came from a video that someone at Citron Capital posted. I can't find the actual video, but it's quoted at https://www.bloomber
by nfriedly 6y ago
You're correct.
The 100% number came from a video that someone at Citron Capital posted. I can't find the actual video, but it's quoted at https://www.bloomberg.com/news/articles/2021-01-27/melvin-capital-closes-out-its-gamestop-position-cnbc-reports https://www.bloomberg.com/news/articles/2021-01-27/melvin-ca...
However, I'm not sure about Melvin - they may well have lost more than 100%.