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by nomay
1969 days ago
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>melvin capital is already 30% of their equity down in January The thing is, they won (bigly) almost every year since their inception, it's a relatively minor mishap for them even if they gain nothing for the rest 11 months. Guess what, they and their clients will be laughing their asses off and move on along with their high life. |
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This isn't how somebody in control acts. They even doubled down on their position and increased the number of shorted stocks in the previous week.