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So investors in Melvin won’t abandon them. They want to reassure their own investors that the damage is done and they’re out.
by MichaelApproved 6y ago
So investors in Melvin won’t abandon them. They want to reassure their own investors that the damage is done and they’re out.
- joekrill 6y agoIn that case they could most definitely inform their investors directly and there's absolutely no need to make a public statement about it.
- flunhat 6y agoThey could, but it's common (and not suspicious) for an investor involved in a public fracas to publicly reveal they've exited their position. Bill Ackman did something similar with Herbalife: https://www.investopedia.com/news/billionaire-bill-ackman-dumps-herbalife-ending-5year-war-betting-against-it/ https://www.investopedia.com/news/billionaire-bill-ackman-du...