"In this case thanks to primarily government policy there's wherewithal among investors, if you want to call them that, with government money being sprayed all over the place, with checks to people, that they have the wherewithal to put it together into a real capital base," Gundlach, CEO and chief investment officer of Los Angeles-based DoubleLine Capital told Fox Business host Charles Payne.
Gundlach went on to criticize the hedge funds as well but warned against viewing the contest as the triumph of underdogs against financial giants.
What Bullshit Mindgames
Rich people wants to remain rich at the cost of poor. If anything turns upside down, they go crazy
Yea, the American government is in charge for people from all around the world investing in the same stock they considered worthless...
In a free market people are free to make whatever decisions they want with their money. As I see it, they did better than betting against the house in Vegas. Just a different house.
Fund raising for Afgh people . The government of Afghanistan doesn't have enough funds to support the population with food, health care and medical equipment to fight the battle against Covid-19. It's our responsibility to help our fellow humans in need.donate small amount.
(From wikipedia) In 2017, D1CapitalPartners, (Steve Cohen),invested 200mil in ROBINHOOD, According to The WSJ, about one-third of the gains in 2019 from Steve Cohen's current hedge fund,Point72, came from Melvin Capital Management..who shorted GME/AMC Coincidence ? Collusion?
actually we only did it with $600 this time
When was that check given. Wow they held it for months knowing they will buy GME IN DECEMBER JANUARY. What a joke