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re: So I bought some Gamestop(GME)
Posted on 1/25/21 at 6:12 pm to Upperdecker
Posted on 1/25/21 at 6:12 pm to Upperdecker
Posted on 1/25/21 at 6:14 pm to tiggerthetooth
Im in at 14, 22, 35, 66, and 95.
See yall at the top
See yall at the top
Posted on 1/25/21 at 6:32 pm to tiggerthetooth
Melvin Capital Management actually had to be bailed out by Citadel LLC and Point72 Asset Management today. There is some significant money being made and lost with this.
They gave Melvin $2.75 billion. Melvin has averaged 30% returns per year since 2014. These are some big players.
They gave Melvin $2.75 billion. Melvin has averaged 30% returns per year since 2014. These are some big players.
This post was edited on 1/25/21 at 6:35 pm
Posted on 1/25/21 at 6:55 pm to tiggerthetooth
They kept saying that the CEOs have feelings and are going to come out and say these companies aren’t worth the stock price. I remember Elon Musk doing that over a year ago and that didn’t seem to hurt the stock. They are definitely whining.
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