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"Two Weeks That Changed The World": A Goldman Post-Mortem On "The Squeeze"

"Two Weeks That Changed The World": A Goldman Post-Mortem On "The Squeeze"
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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Wall Street gears up for second bout against Reddit traders

4 Min Read
BOSTON/LONDON (Reuters) - Wall Street is gearing up for another week of market mayhem, with signs that the retail frenzy that pumped up the stock prices of the likes of GameStop Corp and AMC Entertainment Holdings Inc is spreading to other assets.
Slideshow ( 2 images )
Some of Wall Street’s largest hedge funds are still licking their wounds after retail traders sought to drive up the prices of stocks that were heavily bet against, resulting in large losses for major investors.
Melvin Capital, a hedge fund at the center of the GameStop drama, lost 53% in January but received commitments for fresh cash from investors in the last days of the month, Reuters reported on Sunday. ....

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Leave Steve Cohen Alone You Monsters

Leave Steve Cohen Alone You Monsters
The Big Guyâs Twitter account was just about the only good thing to come out of 2020 and now youâve ruined it.
Author:
Feb 1, 2021
The Big Guyâs Twitter account was just about the only good thing to come out of 2020 and now youâve ruined it.
We’ve all had our fun with the GameStonk stuff. Well, not all of us.
Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January…. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen s Point72 Asset Management injected into the hedge fund last Monday. ....

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Wall Street gears up for second bout against Reddit traders - Netscape Money & Business

Wall Street gears up for second bout against Reddit traders - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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GameStop, AMC, Dogecoin: Reddit's Takeover Of Wall Street's Stocks May Be Far From Over

Wallstreet's nightmare of Redditors 'manipulating' stocks may be far from over. ....

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