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by nomay 1969 days ago
>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.

2 comments

They are employing every trick in the book, they have vilified retail, they are launching ladder attacks, they (citadel) are exploiting information about stop losses set up by users, they keep funding articles and smearing the people.

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.

If retail investors join the fantasy economy there is less value to extract from the real economy.