of hedge funds, market makers, short sellers, equity analysts — basically everyone who pushes the buttons and turns the knobs that make financial markets go.
This is what Melvin Capital is experiencing. Because of the size and nature of it short positions, it had to publicly disclose those shorts through the Securities and Exchange Commission. A handful of people in WallStreetBets know enough about the game to pick through those bets and make Melvin scream. Family members of some of the short sellers in these positions have been harassed online by some of the WallStreetBets folks.
The experienced traders in this bunch also know there is a price to pay if you're left catching that boomerang when it finally slows back down to the ground. They also know that there's a hefty tax bill at the end of this. What's more, any experienced trader will tell you, many short squeezes eventually collapse spectacularly.
lopezlinette sorry,im not native English speaker,does anyone tell me what meme and memelord mean?
lopezlinette Lol. It’s hilarious watching you vilify these small retail investors to protect the elite class. Who’s paying you to write this drivel?
lopezlinette Sounds like someone lost a lot of money trying to short this stock.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the meteoric rise of Jon Gray at private-equity giant Blackstone - Business InsiderJon Gray is the future of Blackstone. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image. horrible Check out this, gonna be the next dogecoin
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Exxon Mobil's 'God Pod' - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How a quest to build ethical AI detonated a battle inside Google - Business InsiderGoogle employees consider jumping ship for Facebook and Microsoft after firings, reorgs and mounting tension in its AI division Google/YouTube are crooks. They stole my 9/11 video. They disrespect 9 /11 survivors. 911TribMuseum techinsider not sure they're going to be satisfied with the state of ethical AI at FB techinsider Jumping ship? That is really funny. They must be reading the stuff I write? And it is also the reason why sundar is in charge - gummy and slopey made a huge devious mess then jumped ship.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the ultra-premium aircraft Singapore Airlines is using for world's longest flight - Business InsiderThe new world's longest flight is getting an upgrade as Singapore Airlines builds back up in the US — see inside the luxurious plane
Source: BusinessInsider - 🏆 729. / 51 Read more »