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re: Someone explain this Game Stop deal.
Posted on 1/27/21 at 3:45 pm to GumboPot
Posted on 1/27/21 at 3:45 pm to GumboPot
quote:
the rally cry on r/wallstreet bets:
"we can remain retarded for longer than they can stay solvent!"
Melvin lost $2B+ in like 2 weeks, and just had to get bailed out by 2 other funds just to cover it's losses from the shorts.
It's not quite George Soros "Breaking the Bank of England" - but it's close.
good threadreader
https://archive.vn/kBNVS
the rally cry on r/wallstreet bets:
"we can remain retarded for longer than they can stay solvent!"
Melvin lost $2B+ in like 2 weeks, and just had to get bailed out by 2 other funds just to cover it's losses from the shorts.
It's not quite George Soros "Breaking the Bank of England" - but it's close.
good threadreader
https://archive.vn/kBNVS
1
Posted on 1/28/21 at 10:09 am to Ailsa
That archive link don't work.
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