Hedge fund Melvin sustains 53% loss after Reddit onslaught

Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught by flunhat on Sunday January 31, 2021 @08:53PM (#25984731)

Thank you 1000x for writing this. I thought I was going insane reading all the comments like “Melvin publicly said they closed their short position, which is suspicious because they said it publicly (if they said nothing, you all would still find it suspicious!), so they are probably lying about closing their short position”

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Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught by alasdair_ on Monday February 01, 2021 @12:23AM (#25985808)

Can you provide a source that states Melvin publicly said this? All I can find are references to CNBC where a journalist claims "from what I understand" Melvin is out of the stock.

The problem with this is that it's easy for the CEO to later say "the journalist misunderstood" or "I said we covered some of our position (1% is 'some' right?)" or many other things.

Is there a definitive statement from Melvin themselves anywhere?

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