Melvin Can’t Shake Reddit Attack With 46% Loss in First Half

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Melvin Can’t Shake Reddit Attack With 46% Loss in First Half

Bloomberg2021-07-09

Hedge fund is said to have gained about 1% last month Founder Plotkin has said he would adjust his shorting strategy Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...

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dception
·2021-07-09
Woohoo
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6
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Euginelai
·2021-07-09
Ok
Reply
6
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- dception:
  good
  2021-07-09
  Reply
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- hbtho:
  yes
  2021-07-09
  Reply
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- Freddyd:
  [Grin]
  2021-07-09
  Reply
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bummlebee
·2021-07-09
Ha ha ha
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2
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DYDFC
·2021-07-09
F
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2
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- Samuel.L:
  Ok
  2021-07-09
  Reply
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Stellel
·2021-07-09
Wow
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1
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sita
·2021-07-09
Interesting
Reply
3
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Roticanai
·2021-07-09
Like
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2
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NareshwG
·2021-07-09
They wil find way to earn back their loss.. They have been doing this for decades..
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5
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b14293
·2021-07-09
I like
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1
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卖女孩的小火柴v
·2021-07-09
Nice
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2
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- A2Hong:
  reddit
  2021-07-09
  Reply
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eda
·2021-07-09
pls help to like
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3
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- Yhlim:
  Ok
  2021-07-09
  Reply
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JANICELSJ
·2021-07-09
Like
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2
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- cgoh:
  done!
  2021-07-09
  Reply
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- huathuatking:
  Ok
  2021-07-09
  Reply
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SKHan
·2021-07-09
War
Reply
8
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- shauncj:
  Hope it starts another gamestop saga
  2021-07-09
  Reply
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- ALai:
  good
  2021-07-09
  Reply
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- YH999:
  like
  2021-07-09
  Reply
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BellaEng
·2021-07-09
Cat n mouse
Reply
4
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- N30:
  [Strong]
  2021-07-09
  Reply
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- DLiew:
  ??
  2021-07-09
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After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":143269136,"gmtCreate":1625796302125,"gmtModify":1703748722330,"author":{"id":"3581496552467880","authorId":"3581496552467880","name":"dception","avatar":"https://static.tigerbbs.com/659a796d55198d3f2229bacc90feaaba","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Woohoo","listText":"Woohoo","text":"Woohoo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143269136","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143211645,"gmtCreate":1625795670187,"gmtModify":1703748696425,"author":{"id":"3577190611611615","authorId":"3577190611611615","name":"Euginelai","avatar":"https://static.tigerbbs.com/f372cf5db2ff096891b722c46529864e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/143211645","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5167707,"gmtCreate":1625796294108,"gmtModify":1663230742335,"authorId":3581496552467880,"author":{"id":3581496552467880,"authorId":3581496552467880,"name":"dception","avatar":"https://static.tigerbbs.com/659a796d55198d3f2229bacc90feaaba","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.15%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143211645,"type":1,"supId":5167668,"prevId":0,"content":"good","text":"good","html":"good"},{"id":5167757,"gmtCreate":1625796528587,"gmtModify":1663230741743,"authorId":3574935418304521,"author":{"id":3574935418304521,"authorId":3574935418304521,"name":"hbtho","avatar":"https://static.tigerbbs.com/f083ceda901738dc46b48c3f49dc0dc7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143211645,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"},{"id":5167668,"gmtCreate":1625796149708,"gmtModify":1663230740948,"authorId":3574854386909318,"author":{"id":3574854386909318,"authorId":3574854386909318,"name":"Freddyd","avatar":"https://static.tigerbbs.com/7967e4125926fdf32d9965f6fe32519d","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143211645,"type":1,"supId":0,"prevId":0,"content":"[Grin]","text":"[Grin]","html":"[Grin]"}],"langContent":"EN"},{"id":143210728,"gmtCreate":1625795583564,"gmtModify":1703748692837,"author":{"id":"4087950524205610","authorId":"4087950524205610","name":"bummlebee","avatar":"https://static.tigerbbs.com/8fd6cdd11a4120c39834338fc644b302","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Ha ha ha&nbsp;","listText":"Ha ha ha&nbsp;","text":"Ha ha ha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143210728","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143210381,"gmtCreate":1625795563843,"gmtModify":1703748691848,"author":{"id":"3578574228106809","authorId":"3578574228106809","name":"DYDFC","avatar":"https://static.tigerbbs.com/886091e1ab80cf468e97e847ef0f3f9d","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"F","listText":"F","text":"F","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/143210381","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5168081,"gmtCreate":1625798179143,"gmtModify":1663230741835,"authorId":3563577781679506,"author":{"id":3563577781679506,"authorId":3563577781679506,"name":"Samuel.L","avatar":"https://static.tigerbbs.com/1186b61f5b04203ae75a2949bd647713","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143210381,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":143237193,"gmtCreate":1625795521012,"gmtModify":1703748690369,"author":{"id":"3581559393088898","authorId":"3581559393088898","name":"Stellel","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143237193","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143236154,"gmtCreate":1625795385578,"gmtModify":1703748684837,"author":{"id":"4087799869611700","authorId":"4087799869611700","name":"sita","avatar":"https://static.tigerbbs.com/6bec78348ef3b694b6012409cd33222d","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143236154","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143238688,"gmtCreate":1625795364244,"gmtModify":1703748683368,"author":{"id":"3581913988119713","authorId":"3581913988119713","name":"Roticanai","avatar":"https://static.tigerbbs.com/4da10b7952b9a699e2c4703a67642740","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143238688","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143233823,"gmtCreate":1625795278862,"gmtModify":1703748679792,"author":{"id":"3572945845916163","authorId":"3572945845916163","name":"NareshwG","avatar":"https://static.tigerbbs.com/0d6dc06165c1a0cc4f1a8169ea48573d","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"They wil find way to earn back their loss.. They have been doing this for decades..&nbsp;","listText":"They wil find way to earn back their loss.. They have been doing this for decades..&nbsp;","text":"They wil find way to earn back their loss.. They have been doing this for decades..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143233823","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143239359,"gmtCreate":1625795227371,"gmtModify":1703748679629,"author":{"id":"3578385220008893","authorId":"3578385220008893","name":"b14293","avatar":"https://static.tigerbbs.com/eacdce655041c0b71bd11ebb6ae685c3","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"I like","listText":"I like","text":"I like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143239359","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143298133,"gmtCreate":1625794924422,"gmtModify":1703748668176,"author":{"id":"3581562038507991","authorId":"3581562038507991","name":"卖女孩的小火柴v","avatar":"https://static.tigerbbs.com/ba918be4c84fbffa0546cae2b23bfbb7","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/143298133","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5167485,"gmtCreate":1625795098264,"gmtModify":1663230740630,"authorId":3575977247479835,"author":{"id":3575977247479835,"authorId":3575977247479835,"name":"A2Hong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143298133,"type":1,"supId":0,"prevId":0,"content":"reddit","text":"reddit","html":"reddit"}],"langContent":"EN"},{"id":143205815,"gmtCreate":1625794652337,"gmtModify":1703748658074,"author":{"id":"3569214676869217","authorId":"3569214676869217","name":"eda","avatar":"https://static.tigerbbs.com/909b8dea6c74db6f7d3a6a65052e290a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"pls help to like","listText":"pls help to like","text":"pls help to like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/143205815","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5167453,"gmtCreate":1625794934852,"gmtModify":1663230739129,"authorId":3570434144752062,"author":{"id":3570434144752062,"authorId":3570434144752062,"name":"Yhlim","avatar":"https://static.tigerbbs.com/9b57fd81ec2f943dd0c5ef901fdd1b67","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143205815,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":143676822,"gmtCreate":1625794090066,"gmtModify":1703748641448,"author":{"id":"3579777216498074","authorId":"3579777216498074","name":"JANICELSJ","avatar":"https://community-static.tradeup.com/news/22bb420ffd42fa4b0fc986abd53b711f","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/143676822","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5167262,"gmtCreate":1625794124813,"gmtModify":1663230740642,"authorId":4087794564530700,"author":{"id":4087794564530700,"authorId":4087794564530700,"name":"cgoh","avatar":"https://community-static.tradeup.com/news/eecea7583712a80f4dd1177934f07e12","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143676822,"type":1,"supId":0,"prevId":0,"content":"done!","text":"done!","html":"done!"},{"id":5167307,"gmtCreate":1625794291602,"gmtModify":1663230737438,"authorId":3572923710314905,"author":{"id":3572923710314905,"authorId":3572923710314905,"name":"huathuatking","avatar":"https://static.tigerbbs.com/2f213995240eaab2cd1ce03e0a2cde28","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143676822,"type":1,"supId":5167262,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":143648719,"gmtCreate":1625793658331,"gmtModify":1703748625177,"author":{"id":"3573471135601329","authorId":"3573471135601329","name":"SKHan","avatar":"https://static.tigerbbs.com/edb016a1e76d427cf4bc5ef3a5d38289","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"War","listText":"War","text":"War","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/143648719","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5167603,"gmtCreate":1625795690416,"gmtModify":1663230739126,"authorId":3580638455170987,"author":{"id":3580638455170987,"authorId":3580638455170987,"name":"shauncj","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143648719,"type":1,"supId":0,"prevId":0,"content":"Hope it starts another gamestop saga","text":"Hope it starts another gamestop saga","html":"Hope it starts another gamestop saga"},{"id":5167210,"gmtCreate":1625793870937,"gmtModify":1663230738129,"authorId":3573337026471036,"author":{"id":3573337026471036,"authorId":3573337026471036,"name":"ALai","avatar":"https://static.tigerbbs.com/d7603bc0541524e581c6013e44dbc73c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143648719,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good"},{"id":5167315,"gmtCreate":1625794335199,"gmtModify":1663230737938,"authorId":3566388443594959,"author":{"id":3566388443594959,"authorId":3566388443594959,"name":"YH999","avatar":"https://static.tigerbbs.com/bd93f967883fcc803fcb85d1b92ea97c","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143648719,"type":1,"supId":5167210,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"EN"},{"id":143641504,"gmtCreate":1625793585408,"gmtModify":1703748623555,"author":{"id":"3576533774112300","authorId":"3576533774112300","name":"BellaEng","avatar":"https://static.tigerbbs.com/dde1682b37a7cdb8f3de06cedadd8083","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Cat n mouse","listText":"Cat n mouse","text":"Cat n mouse","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/143641504","repostId":1164584412,"repostType":4,"repost":{"id":"1164584412","pubTimestamp":1625792481,"share":"https://www.laohu8.com/m/news/1164584412?lang=&edition=full","pubTime":"2021-07-09 09:01","market":"hk","language":"en","title":"Melvin Can’t Shake Reddit Attack With 46% Loss in First Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1164584412","media":"Bloomberg","summary":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his s","content":"<ul>\n <li>Hedge fund is said to have gained about 1% last month</li>\n <li>Founder Plotkin has said he would adjust his shorting strategy</li>\n</ul>\n<p>Gabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.</p>\n<p>The firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.</p>\n<p>Some hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.</p>\n<p>Read more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry</p>\n<p>“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.</p>\n<p>Sponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter</p>\n<p>Bloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.</p>\n<p>A spokesman for the firm declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melvin Can’t Shake Reddit Attack With 46% Loss in First Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelvin Can’t Shake Reddit Attack With 46% Loss in First Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNLC":"第一万通金控","FFBC":"第一金融银行股份","THFF":"First Financial Corporation Indi","FBNC":"第一万能金控"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164584412","content_text":"Hedge fund is said to have gained about 1% last month\nFounder Plotkin has said he would adjust his shorting strategy\n\nGabe Plotkin’s Melvin Capital Management ended the first half of 2021 down 46% as the hedge fund struggled to bounce back from a vicious attack by Reddit traders on its short positions.\nThe firm, which plunged 53% in January as its bearish bets on companies includingGameStop Corp.andAMC Entertainment Holdings Inc.were besieged by a retail-driven buying spree, was up about 1% in June, according to people familiar with the matter. After initially posting astrong reboundof 22% in February, Plotkin has lost momentum in recent months.\nSome hedge fund observers question whether Plotkin -- who has changed the way he makes short bets in the wake of the fiasco -- can still produce blockbuster returns without taking aggressive positions against companies. In Melvin’s first year of trading, 70% of the fund’s profits came from his bearish wagers.\nRead more:RedditCrowd Bludgeons Melvin Capital in Warning to Industry\n“I don’t think investors like myself want to be susceptible to these type of dynamics,” Plotkin testified during a House Financial Services Committeehearing, referring to the astronomical level of short interest in GameStop stock that preceded the volatility.\nSponsored ContentIntelligent Automation Can Add Value Throughout OrganizationsBusiness Reporter\nBloomberg has reported that his firm, which managed $11 billion as of June 1, is also taking smaller-sized positions to limit exposure to single companies. Plotkin also told his team of data scientists to scour social media and message boards to look for shares that retail investors are rallying around.\nA spokesman for the firm declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5167405,"gmtCreate":1625794719111,"gmtModify":1663230741325,"authorId":3570622365838239,"author":{"id":3570622365838239,"authorId":3570622365838239,"name":"N30","avatar":"https://community-static.tradeup.com/news/33bf6a97d91ccaf61eb8245d0322ab01","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.06","exceedPercentage":"93.84%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143641504,"type":1,"supId":0,"prevId":0,"content":"[Strong]","text":"[Strong]","html":"[Strong]"},{"id":5167224,"gmtCreate":1625793917728,"gmtModify":1663230737753,"authorId":3577525278195004,"author":{"id":3577525278195004,"authorId":3577525278195004,"name":"DLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":143641504,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":226,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}