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Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught by jnordonez on Sunday January 31, 2021 @06:57PM (#25983943)
This has been my question as well. Especially when you overlay the charts for gme and amc and bb, they move almost identically. I really struggle to believe it's all gressroots. This entire thing was astroturfed if you ask me.
Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught by rantwasp on Sunday January 31, 2021 @07:31PM (#25984189)
word on the wall street bets street is that there are a couple of big whales that are long on gme,amc and they are trying to generate a squeeze. at this point in time it’s basically a battle of the trading bots with the whole world watching.