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/biz/ - Business & Finance


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27268550 No.27268550 [Reply] [Original]

Proof below.
22nd they were down 15%:
https://www.wsj.com/articles/short-bets-pummel-hot-hedge-fund-melvin-capital-11611349217

26th they were down nearly 30%:
https://www.wsj.com/articles/citadel-point72-to-invest-2-75-billion-into-melvin-capital-management-11611604340

Today they're down 53%:
https://www.wsj.com/articles/melvin-capital-lost-53-in-january-hurt-by-gamestop-and-other-bets-11612103117

>> No.27268718

Nice. The fact theyre willing to publicly commit fraud (lying) about their positions daily shows how desperate they are

>> No.27268774

>>27268550
yes they will wreck you
and you are a faggot plebbitor

>> No.27269020

>>27268550
There's an old gambling trick you can play at any boolean result gamble where you keep doubling your bet. They may very well keep doubling the bet until they can't find credit to continue like degenerate gamblers.
or sit there realize they've lost billions and off themselves.

>> No.27269297

>>27269020
I'm scared bros, martingale system never loses

>> No.27269672

>>27269020
>sit there realize they've lost billions and off themselves.
Best case scenario even if I lose all my money.

>> No.27270151

>>27268550
>>27268550
>26th they were down nearly 30%:
that article was published on the 25th

they publicly announced they covered on January 26. so it is entirely possible they did lose another 23% in that one day

nice try plebbitor, people on /biz/ can actually read

>> No.27270585

>>27269297
except it does.