• 43
  • 28
  • Favorite

Hedge funds lose $6 billion more betting against meme stocks

seekingalpha2021-06-11

Hedge funds Melvin Capital and Light Street Capital have suffered steep losses since the start of May as stocks favored by Reddit's (REDDIT) WallStreetBets crowd rallied again. Short positions on ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment28

  • DAL888
    ·2021-06-20
    Very nice….
    Reply
    Report
  • Juss
    ·2021-06-13
    BB long term looks like its not just meme
    Reply
    Report
  • vodka
    ·2021-06-11
    awesome news
    Reply
    Report
  • 2020TS
    ·2021-06-11
    Pay back time shorties
    Reply
    Report
  • Nienz
    ·2021-06-11
    Cool!
    Reply
    Report
    Fold Replies
    • Kuanwei
      oh
      2021-07-31
      Reply
      Report
  • JKSJ7
    ·2021-06-11
    ???
    Reply
    Report
  • Mooger
    ·2021-06-11
    Should sell or hold? 
    Reply
    Report
    Fold Replies
    • Veldora
      Hold to make them bleed.
      2021-06-11
      Reply
      Report
  • Mooger
    ·2021-06-11
    Should sell or hold? 
    Reply
    Report
  • Mooger
    ·2021-06-11
    Should sell or hold? 
    Reply
    Report
  • Stevesiah
    ·2021-06-11
    Hi all
    Reply
    Report
  • wakaenino
    ·2021-06-11
    Nice
    Reply
    Report
    Fold Replies
  • ohmytiannn
    ·2021-06-11
    Come on BB! Can someone like and comment?
    Reply
    Report
    Fold Replies
    • Rontjk
      BB
      2021-06-11
      Reply
      Report
  • octobernine
    ·2021-06-11
    Paperlosses.
    Reply
    Report
  • xiaochan
    ·2021-06-11
    Good
    Reply
    Report
  • Jimmy365
    ·2021-06-11
    Okok
    Reply
    Report
  • markmtay
    ·2021-06-11
    https://www.valuewalk.com/hedge-fund-manager-short-amc/"My warning to Reddit investors is, be careful, you are playing with fire. If I lose a couple million in a day I still go home to my model wife, my beautiful mansion, my yacht parked in my lake, and enough cocaine to buy your family 4 times over. Be careful." - Asshole Fund Manager
    Reply
    Report
  • NonoAhah
    ·2021-06-11
    Like comment 
    Reply
    Report
  • edgewise
    ·2021-06-11
    Oh no
    Reply
    Report
    Fold Replies
    • Fatboy79
      Good news
      2021-06-11
      Reply
      Report
  • Check7mate7
    ·2021-06-11
    Bump
    Reply
    Report
    Fold Replies
    • Huathk
      Gd
      2021-06-11
      Reply
      Report
  • MARCC
    ·2021-06-11
    Like comment reply!!!
    Reply
    Report
    Fold Replies
    • 4ebeaef4
      Ok
      2021-06-11
      Reply
      Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial