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Hedgefund manager w/ partial Hornets ownership has catastrophic losses in Gamestop fiasco
Posted on 1/28/21 at 10:13 am
Posted on 1/28/21 at 10:13 am
quote:
Gabe Plotkin, the hedge fund manager at the center of the GameStop story, owns a chunk of the Charlotte Hornets, thanks to Michael Jordan’s deal in 2019. Losses described as “catastrophic.”
LINK
Posted on 1/28/21 at 10:16 am to Fun Bunch
(no message)
This post was edited on 4/5/23 at 2:44 pm
Posted on 1/28/21 at 10:16 am to Fun Bunch
frick that motherfricker
Posted on 1/28/21 at 10:16 am to Fun Bunch
Knowing Michael Jordan, he’s finding a way to give a max deal to GameStop right now.
Posted on 1/28/21 at 10:26 am to Fun Bunch
Lebrun come on down for your ownership stake
Posted on 1/28/21 at 10:29 am to CunningLinguist
Gamestop at 10am was over 480, now at 132
Posted on 1/28/21 at 10:31 am to BloodSweat&Beers
quote:
Gamestop at 10am was over 480, now at 132
Well yeah, TD Ameritrade and Robinhood both stopped trading it, I'm sure others will follow
Posted on 1/28/21 at 10:34 am to boXerrumble
This is gonna be one hell of a Netflix doc in 2022
Posted on 1/28/21 at 10:35 am to boXerrumble
quote:
Well yeah, TD Ameritrade and Robinhood both stopped trading it, I'm sure others will follow
How are they allowed to do that? And did they explain why?
Posted on 1/28/21 at 10:37 am to Bham Bammer
quote:
How are they allowed to do that? And did they explain why?
Regular folks like you and me aren't allowed to make money by manipulating the market. Only the rich can do that.
Posted on 1/28/21 at 10:37 am to Fun Bunch
You hate to see lt. New York Knick fans are trying to see what stocks Dolan owns as we speak lol
Posted on 1/28/21 at 10:38 am to Bham Bammer
quote:
How are they allowed to do that? And did they explain why?
Because it’s their game and they can change the rules to benefit them
Why? frick you. That’s why.
Posted on 1/28/21 at 10:42 am to Fun Bunch
I hope the autists take them all down
Posted on 1/28/21 at 10:46 am to JOHNNY HUNGEE
quote:
New York Knick fans are trying to see what stocks Dolan owns as we speak lol
The new Mets owner is having quite a first year of being majority owner. Having to deal with covid, then his new manager has that creepy story about him come out and he has to immediately fire him, and now his hedge fund is involved in this.
This post was edited on 1/28/21 at 11:37 am
Posted on 1/28/21 at 10:46 am to JOHNNY HUNGEE
quote:this whole thing has opened up an interesting can of worms
New York Knick fans are trying to see what stocks Dolan owns as we speak lol
Posted on 1/28/21 at 10:55 am to WestCoastAg
All of WSB just got banned from the Garden?
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