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.
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