Financial data company S3 says short sellers lost $23.6 billion on Gamestop - so far.
https://twitter.com/PrisonPlanet/status/1354734598966685697
GameStop will hit a breaking point...but it won’t be today or tomorrow. It’ll flip somewhere next week, and in 48 hours go all the way back to $19 a share.
Yes, that is out of business losses for multiple hedge funds. That’s not just Melvin Capital. Melvin was $12 billion total assets.
And that’s not counting the losses from AMC quadrupling, BB quadrupled, BBBY, NOK.
These jokers are going to want a bailout. If Congress has to vote on it, they are going to need to bring back all the National Guard troops and the 12 foot fence !
Biden will help his oligarch friends.
The little people are not allowed to fight the swamp.
$20+ billion lost to a bunch of angry people.
This will result in mass arrests. lese majeste, you must not insult, damage, or hurt our betters.
No sarcasm tag. No joke. There are calls for arrests already.