NU Ride Inc (NRDE)

[Saving Grace]

Short selling Hedge Funds soon to burn article.

Citadel Loses Billions: Hedge Funds Are Getting Dragged Down

Quote:
Hedge funds such as Citadel and Melvin Capital have lost billions of dollars, and fast.

They’re shorting a stock that is no longer on the brink of bankruptcy.

This company is AMC Entertainment and it’s revival is thanks to the millions of retail investors buying the stock.

Citadel is one of the largest hedge fund managers in the world.

And they’ve subsequently managed Melvin Capital to the ground.

Melvin Capital suffered a loss of over 50% its first quarter in 2021 due to shorting AMC Entertainment and GameStop.

At some point you’d expect your clearing house to raise awareness on your risk management right?

When you manage a group of hedge funds, you are responsible for the companies success, and failures.

What’s even more mind boggling is that short sellers continue to go against the tide despite suffering billions.

Citadel might just end up bankrupting some of its partners.

https://franknez.com/citadel-loses-billions-hedge-funds-are-getting-dragged-down/

An Investing Group and team of Tycoons are bankrupting short selling Hedge Funds one by one.

It's just a matter of time and all short selling Banks, Brokers and Hedge Funds will be a thing of the past. We will witness this historic event happening right before our eyes. One by one. Be ready for the domino effect as it's coming.