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That 17b will be worth 30b in 6 months as well
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Your entire narrative was as if them as a company wasn’t going to be fine
currently from 20 billion prior to 17 billion currently
YOU DO THE MATH
MELVIN CAPITAL MANAGEMENT LP Top 13F Holdings - WhaleWisdom.com
Detailed Profile of MELVIN CAPITAL MANAGEMENT LP portfolio of holdings. SEC Filings include 13F quarterly reports, 13D/G events and more.whalewisdom.com
Reddit really got y’all thinking your position is making them lose money to the point that they will close up shop
And they don’t even have a position to begin with
You already loss whatever argument you are trying to have
You literally said that a company with a 17 billion dollar portfolio doesn’t have any money to short AMC
did you even bother to read what you said
You are saying this as if these a retail investors
I haven’t participated in the meme stocks but today I said F it and bought $10k of BB. Just let me be great man
Quick Maff:
* January- Fund Down Nearly 53%
*January- Fund Received $2.75 Billion Bailout
*January 26- Announces GME Closed Position (At A LOSS)
*February- Posts 22% Gain
*February- Still Needs A 75% Gain For Pre Existing Clients To BREAK EVEN (ie Fund Is Still In A Rough Spot) In Essence, Melvin Needed A 97% Gain On Current Total In Order To Break Even At That Point.
*End Of Q1 (So Beginning Of April)- Fund Announces 49% Losses For The Quarter. Yes, A 49% Loss Of The Position You’ve Been So Nice To Share With Us.(Remember They Needed 75% Gain In March To BREAK EVEN For Pre Existing Clientele)
So, If You Needed To GAIN 75% To Break Even For Previous Clients And You End Up Actually LOSING 49% Instead At Quarters End, Where’s That Put You As A Business? Would You Invest YOUR Money With A Company That Needed To See 75% Gains To Provide You With A Break Even Return?
My Point Was, Your Boy Plotkin Got Caught With His Hand WAY in The Cookie Jar Back In January And Is Scrambling To BREAK EVEN For His Fund Ever Since Based On Reporting's From End Of Q1(You Know, Like 60 Days Ago)
In Closing, We Probably Won’t (And Haven’t) Seen Gabe Stick To These Riskier “Short Em Till They’re Bankrupt” Plays Given How GME Left His Fund Last Quarter Based On These Reports. I’d Imagine He’s Rather Thankful He Didn’t Follow His Cohorts In To An AMC Short Position As Well Or More Simply Put, Doesn’t Have The Capital To Risk Any Longer
I dont like the fundamentals but as a momentum swing, you could get long with risk under the 21emaThoughts on plug?
Wonder if AMC going to 100 today.Old report, this is dated from April 27 2021.
Had a nightmare last night that GME crashed back down to $3 a share