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One hedge fund, Melvin Capital Management, reportedly had to be bailed out with more than $2bn to cover losses on some shares Priceless
The market turmoil has even come to the attention of new US President Joe Biden, with the White House saying it is "monitoring the situation". LMAO! "It's a generational fight, redistributive and all about robbing the rich to give to the millennial 'poor'." https://www.bbc.com/news/business-55817918 I don't think this is about robbing the rich to give to the poor as the media says. It is more like tired of the rich robbing the average man via their short manipulation and now doing something about it by reversing their game on them.
CommonCentsforDollars wrote: Short sellers of NAKD (25% of the float is short) got taken behind the woodshed as well today Up 252% and another 60% AH GME, AMC short sellers taken behind the woodshed. Sign me up to that program says APHA / TLRY Hitting stocks with high levels of short interest with massive buying volumes to put the squeeze on short selling crews is some modern day Robinhood shiznit. Usually it is the wealthy centi-millionaires and billionaires teaming up to steal retail investors money with their dam short raids. Sweet justice to see the role getting reversed. optimi$tic wrote: Look what just happened today with Express Inc holy sheet. Dont fruck with the Reddit boys. Shorts be frucked all around, theres a new sherriff in town. Shorts will be bleeding like the niagara falls.
optimi$tic wrote: Look what just happened today with Express Inc holy sheet. Dont fruck with the Reddit boys. Shorts be frucked all around, theres a new sherriff in town. Shorts will be bleeding like the niagara falls.
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