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Here’s a good explanation: https://twitter.com/toxic/status/1353890766800621569?s=21 https://twitter.com/toxic/status/1353890766800621569?s=21 TL;DR Citadel se
by jakelazaroff 6y ago
Here’s a good explanation: https://twitter.com/toxic/status/1353890766800621569?s=21 https://twitter.com/toxic/status/1353890766800621569?s=21
TL;DR Citadel sees Robinhood order flow and can get in front of it, and also bought a chunk of Melvin on the cheap when they got squeezed out of their short position.