4 ms·

There was a CNBC post about Citron and Melvin closing shorts but it was retracted.

• whimsicalism 6y ago
  No, it wasn't. Melvin has definitely closed, although Citron may still be in partially. Why are so many people repeating the same misleading talking points over and over?
  • kchr 6y ago
    > Melvin has definitely closed, although Citron may still be in partially. Source?
    • whimsicalism 6y ago
      The original CNBC article that was never retracted.
      • ric2b 6y ago
        Do you mean this one? https://www.cnbc.com/2021/01/27/hedge-fund-targeted-by-reddit-board-melvin-capital-closed-out-of-gamestop-short-position-tuesday.html https://www.cnbc.com/2021/01/27/hedge-fund-targeted-by-reddi... "the hedge fund’s manager told CNBC’s Andrew Ross Sorkin." So this is completely based on a phone call and Melvin Capital can just claim that Andrew Sorkin misunderstood them. There's no public statement from Melvin Capital, which makes me suspect that they were indeed just trying to manipulate public perception, they could have just not talked to journalists about their positions, which is their official policy.