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A comment on The Battle of GameStop. Parent comment

Re:The Battle of GameStop by electriclove on Monday January 25, 2021 @10:11PM (#25912001)
Oh I wish but Wall St creates the rules so I wouldn't be surprised if they find a way to save their butts on a short squeeze.
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Re:The Battle of GameStop by alexeldeib on Monday January 25, 2021 @10:25PM (#25912117)
Isn't that what's happening? Melvin Capital sold a share of their revenue stream for billions in cash to avoid being margin called. That's not exactly "winning" but it's a way to save their butt at a lower loss, perhaps.

https://www.zerohedge.com/markets/first-casualty-big-short-s...

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Re:The Battle of GameStop by electriclove on Monday January 25, 2021 @11:24PM (#25912528)
Yup. It looks like several of their other short holdings have been feeling the squeeze as well: FIZZ, AMC, SPWR, etc https://www.zerohedge.com/markets/here-are-all-melvin-capita...
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