YellowiPod
2021-03-05
Loss 50%
Then win 20%
So overall they still lose 40%
Hahaha CNBC really thought we can’t do math
GameStop Short-Selling Fame's Melvin Posts 20% Returns For February: Report
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The investment was in Melvin’s fund and non-controlling revenue shares, as per the Wall Street Journal.</p>\n<p>Melvin subsequently covered its short position in GameStop in January after confirming it had taken a huge hit as did Citron Research.</p>\n<p><i>See Also: Citron Research No Longer Publishing Short Reports, Switches Focus To Multibaggers</i></p>\n<p>In a statement ahead of the House hearing called to look into the GameStop saga, Plotkin denied that Melvin was bailed out by Citadel.</p>\n<p>“To be sure, Melvin was managing through a difficult time, but we always had margin excess and we were not seeking a cash infusion,” wrote Plotkin.</p>\n<p><b>Price Action: </b>GameStop shares closed nearly 5.08% at $124.18 on Wednesday and gained 0.66% in the after-hours session.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Short-Selling Fame's Melvin Posts 20% Returns For February: Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Short-Selling Fame's Melvin Posts 20% Returns For February: Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-04 15:07 GMT+8 <a href=https://finance.yahoo.com/news/gamestop-short-selling-fames-melvin-022044820.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gabe Plotkin’s Melvin Capital Management LP saw gains of more than 20% in February after being brutalized by a retail investor-led short squeeze a month earlier, CNBC reported Wednesday.\nWhat Happened...</p>\n\n<a href=\"https://finance.yahoo.com/news/gamestop-short-selling-fames-melvin-022044820.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/900cdeba3b1b8442fc05599cb0934aaa","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://finance.yahoo.com/news/gamestop-short-selling-fames-melvin-022044820.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2116520709","content_text":"Gabe Plotkin’s Melvin Capital Management LP saw gains of more than 20% in February after being brutalized by a retail investor-led short squeeze a month earlier, CNBC reported Wednesday.\nWhat Happened: Melvin fell as much as 53% in January in a short squeeze fueled by users of Reddit forum r/WallStreetBets, which sent the shares of GameStop Corp (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC), BlackBerry Ltd (NYSE: BB), and others soaring.\nThe fund returned 27.1% in February recouping some of the earlier losses, according to CNBC.\nWhy It Matters: Hedge funds Citadel and Point72 infused .75 billion in Melvin in late January. The investment was in Melvin’s fund and non-controlling revenue shares, as per the Wall Street Journal.\nMelvin subsequently covered its short position in GameStop in January after confirming it had taken a huge hit as did Citron Research.\nSee Also: Citron Research No Longer Publishing Short Reports, Switches Focus To Multibaggers\nIn a statement ahead of the House hearing called to look into the GameStop saga, Plotkin denied that Melvin was bailed out by Citadel.\n“To be sure, Melvin was managing through a difficult time, but we always had margin excess and we were not seeking a cash infusion,” wrote Plotkin.\nPrice Action: GameStop shares closed nearly 5.08% at $124.18 on Wednesday and gained 0.66% in the after-hours session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":100,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":78,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/364782438"}
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