AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
1–10 of 313 posts
Re: AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
#2I expect a lot of Redditors will be very disappointed when they realize just how much money hedge funds made, on average, out of this episode.
The WSB moderators really did everyone a disservice by letting obvious misinformation flood the subreddit. It’s hard to view the later stages of the GameStop phenomenon as anything other than a Reddit-fueled pump and dump scheme.
Re: AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
#3Title should be "Mudrick Capital Gains $200 Million on AMC, GameStop Bets" which is more accurate and less clickbaity than the current.
Re: AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
#4"Nobody" thought some hedge funds or bond holders would win along the ride, right?
Regardless if they were tipped off about the restrictions in advance or not I think they were good citizens taking risks and helping two companies found in distress due covid.
Re: AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
#5I expect a lot of Redditors will be very disappointed when they realize just how much money hedge funds made, on average, out of this episode. The WSB moderators really did everyone a disservice by letting obvious misinformation flood the subreddit. It’s hard to view the later stages of the GameStop phenomenon as anything other than a Reddit-fueled pump and dump scheme.
Or a big Prisoner’s Dilemma experiment.
Re: AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
#6"Nobody" thought some hedge funds or bond holders would win along the ride, right? Regardless if they were tipped off about the restrictions in advance or not I think they were good citizens taking risks and helping two companies found in distress due covid.
The restrictions were at the brokerage level and only affected retail investors.
Re: AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
#7I expect a lot of Redditors will be very disappointed when they realize just how much money hedge funds made, on average, out of this episode. The WSB moderators really did everyone a disservice by letting obvious misinformation flood the subreddit. It’s hard to view the later stages of the GameStop phenomenon as anything other than a Reddit-fueled pump and dump scheme.
I mean, that’s one take. Another take is a hedge fund who bailed out AMC with debt for shares was richly rewarded, and some of the public short selling hedge funds like Melvin still lost their shirts.
Re: AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
#8I expect a lot of Redditors will be very disappointed when they realize just how much money hedge funds made, on average, out of this episode. The WSB moderators really did everyone a disservice by letting obvious misinformation flood the subreddit. It’s hard to view the later stages of the GameStop phenomenon as anything other than a Reddit-fueled pump and dump scheme.
Not at all.
The past few days they've shared not only the largest long holders of these stocks, but also the pension funds that were boosted as well. A few teacher pension funds got a good uptick and they were sharing that around.
The cats at wsb might be self proclaimed retards, but they're not that stupid. They know lots of other folks are going to make money off of them. You know, if you actually visit the sub, you'd know that.
Re: AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
#9I expect a lot of Redditors will be very disappointed when they realize just how much money hedge funds made, on average, out of this episode. The WSB moderators really did everyone a disservice by letting obvious misinformation flood the subreddit. It’s hard to view the later stages of the GameStop phenomenon as anything other than a Reddit-fueled pump and dump scheme.
>did everyone a disservice
I suspect they didn't do a disservice to their own bank accounts. Random internet strangers care as much about you as do politicians and hedge fund owners.
Re: AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains
#10I expect a lot of Redditors will be very disappointed when they realize just how much money hedge funds made, on average, out of this episode. The WSB moderators really did everyone a disservice by letting obvious misinformation flood the subreddit. It’s hard to view the later stages of the GameStop phenomenon as anything other than a Reddit-fueled pump and dump scheme.
> The WSB moderators really did everyone a disservice by letting obvious misinformation flood the subreddit.
Well, on the flip side a lot of redditors learned from the school of hard knocks, which is the best teacher in a lot of ways. Moderators suppressing posts won't teach a lesson you can only learn by losing money.