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A comment on Statement of SEC Regarding Recent Market Volatility. Parent comment

Re:Statement of SEC Regarding Recent Market Volatility by hatsunearu on Friday January 29, 2021 @10:54AM (#25958559)
There was a CNBC post about Citron and Melvin closing shorts but it was retracted.
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Re:Statement of SEC Regarding Recent Market Volatility by whimsicalism on Friday January 29, 2021 @11:55AM (#25959429)
No, it wasn't. Melvin has definitely closed, although Citron may still be in partially.

Why are so many people repeating the same misleading talking points over and over?

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Re:Statement of SEC Regarding Recent Market Volatility by kchr on Friday January 29, 2021 @01:30PM (#25960624)
> Melvin has definitely closed, although Citron may still be in partially.

Source?

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Re:Statement of SEC Regarding Recent Market Volatility by whimsicalism on Friday January 29, 2021 @04:04PM (#25962533)
The original CNBC article that was never retracted.
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Re:Statement of SEC Regarding Recent Market Volatility by ric2b on Sunday January 31, 2021 @01:20PM (#25981101)
Do you mean this one?

https://www.cnbc.com/2021/01/27/hedge-fund-targeted-by-reddi...

"the hedge fund’s manager told CNBC’s Andrew Ross Sorkin."

So this is completely based on a phone call and Melvin Capital can just claim that Andrew Sorkin misunderstood them.

There's no public statement from Melvin Capital, which makes me suspect that they were indeed just trying to manipulate public perception, they could have just not talked to journalists about their positions, which is their official policy.

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