by Ostroeuropa » Wed Jan 27, 2021 5:22 am
by Risottia » Wed Jan 27, 2021 5:26 am
Ostroeuropa wrote:So, NSG, what should be done about this?
by Ostroeuropa » Wed Jan 27, 2021 5:30 am
by Neutraligon » Wed Jan 27, 2021 5:52 am
by Ethel mermania » Wed Jan 27, 2021 5:56 am
by Auphelia » Wed Jan 27, 2021 5:57 am
by Cannot think of a name » Wed Jan 27, 2021 5:59 am
by The Huskar Social Union » Wed Jan 27, 2021 6:03 am
by The Blaatschapen » Wed Jan 27, 2021 6:05 am
by Ostroeuropa » Wed Jan 27, 2021 6:10 am
The Blaatschapen wrote:Why are we bailing out these wall street stock brokers.
Let them go bankrupt.
by The New California Republic » Wed Jan 27, 2021 6:11 am
by Ostroeuropa » Wed Jan 27, 2021 6:13 am
Cannot think of a name wrote:I literally just read about this after someone sent me a link. Like, just clicked off the tab to see if people were talking about it here.
This delights me.
by Ethel mermania » Wed Jan 27, 2021 6:20 am
by The New California Republic » Wed Jan 27, 2021 6:23 am
Ethel mermania wrote:OP, who got bailed out for being smacked for being a short seller?
by Ostroeuropa » Wed Jan 27, 2021 6:24 am
by Ethel mermania » Wed Jan 27, 2021 6:26 am
by Ethel mermania » Wed Jan 27, 2021 6:27 am
by Gravlen » Wed Jan 27, 2021 6:32 am
Hedge funds Citadel and Point72 infused nearly $3 billion into Melvin Capital to shore up the fund, news reports said earlier this week. Plotkin told CNBC that speculation the fund would file for bankruptcy is false. Also, Andrew Left of Citron Research, in a video posted to YouTube on Wednsesday, said he covered the majority of Citron's short position in GameStop in the $90 price range.
by Borderlands of Rojava » Wed Jan 27, 2021 6:32 am
by Ethel mermania » Wed Jan 27, 2021 6:35 am
Gravlen wrote:Ethel mermania wrote:Who bailed them out?
I happened to have the page open...Hedge funds Citadel and Point72 infused nearly $3 billion into Melvin Capital to shore up the fund, news reports said earlier this week. Plotkin told CNBC that speculation the fund would file for bankruptcy is false. Also, Andrew Left of Citron Research, in a video posted to YouTube on Wednsesday, said he covered the majority of Citron's short position in GameStop in the $90 price range.
https://www.marketwatch.com/story/hedge-fund-melvin-capital-closes-out-gamestop-short-cnbc-2021-01-27
by Old Tyrannia » Wed Jan 27, 2021 6:37 am
by A-Series-Of-Tubes » Wed Jan 27, 2021 6:42 am
Ostroeuropa wrote:(As a non-stock example. Let's say I borrow your car. It's worth 10,000 dollars. I sell it to someone. I now have 10,000 dollars, but I owe you a car. I then buy the same car when the price drops to 5,000 dollars, and give it back to you along with 500 dollars for you lending me your car, and walk away with 4,500 dollars.).
by Dakran » Wed Jan 27, 2021 7:30 am
Baltenstein wrote:Source:
The Turkish minister of Turkishness, Öztürk Türkuglu.
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