", "Hedge funds and other private funds also engage in private placements.". The SEC is investigating . What happens to my Social Security benefit if my husband dies? Deductions I made from the QoQ report comparison, keep in mind the most recent FINTEL report reflects the positions value on 31/01/2020 when GME was $19.50 (when I'm writing this GME is $177.77 so Melvin is at least 8x as fuk as they were in December 2020). CNBCs Jim Cramer has publicly thrown short sellers under the bus in a recent video disusing the power of the retail investor community. Struggling Melvin Capital may unwind current fund 14 months - Shacknews Sign up for free newsletters and get more CNBC delivered to your inbox. AMC Entertainments stock is up more than 1,900% since January. Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in New York, May 6, 2019. 5. Investing on margin. Billed as a glimpse into Teslas future, Investor Day was used as an opportunity to spotlight the companys leadership bench. Things arent looking so great for Citadel in 2022 as scrutiny grows within the retail community. Plotkin should sell his $44 million Miami Beach home after losing all of us so much money rather than charging us more fees, the investor fumed. At its height, on January 28, the short squeeze caused the retailer's stock price to reach a pre-market valueof over US$500 per share($125 split-adjusted), nearly 30 times the $17.25 valuation at the beginning of the month. Not that I think anyone should read or trust Reuters (or any source for that matter, even me) but they have been an interesting source to evaluate since January. Reddit bludgeons hedge fund Melvin Capital, forcing Illinois' Ken Thank you again for contributing! By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. An AMC recount is a detailed investigation into who owns AMC Entertainment stock. Melvins CEO who made $800 million in 2020 lost me even more money in April and wants to make himself more fees? one investor fumed. Jan 31 (Reuters) - Melvin Capital, the hedge fund that lost nearly $7 billion early last year by betting stocks like GameStop (GME.N) would tumble, wants to raise money for a new portfolio,. As will take place when the MOASS occurs, the broker/dealer (remember we don't know where Melvin bought their shorts, it could very well be Citadel, or another completely random broker/MM) who lent to Melvin would've had to decide to bankrupt themselves to attempt to cover and realized covering without going bankrupt was impossible. What is The Likelihood of AMC Squeezing Any Moment? I encourage criticism of this thesis. For more information, please see our GameStop shares have soared more than 400% this week alone to $347.51 apiece, driving its January gains to 685%. I think they could be trying to create the illusion of growth by acquiring more margin: https://fintel.io/i/melvin-capital-management-lp, First thing to observe is that they are listing a total asset portfolio of $22B as of 12/31/2020.
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