Re:GameStop Is Happening Again
by fractionalhare on Thursday February 25, 2021 @01:58PM
(#26266662)
That is the citation. The person in that clip is speculating about Melvin's losses in particular.
Re:GameStop Is Happening Again
by toomuchtodo on Friday February 26, 2021 @10:46PM
(#26282411)
Came across a citation that aligns closer to the $16.8B number quoted on the video citation I provide further upthread.
https://www.cnbc.com/2021/01/29/gamestop-short-sellers-are-s...
> Short-selling hedge funds have suffered a mark-to-market loss of $19.75 billion year to date in the brick-and-mortar video game retailer GameStop, according to data from S3 Partners.
Doesn't attribute losses to specific firms, but the damage is spectacular.
https://www.reuters.com/article/us-retail-trading-melvin/mel...