Replies to post #664048 on Fannie Mae-No Politics (FNMA)

[FFFacts]

Which part was false?

Virtually all of it.

Oh wait, none of it.

False.

After Elon musk recommended "buy Gamestop" the shortie was burned, and lost 5 billion dollars

False.

Since Melvin capital had virtually more than 100 percent of the shares shorted, when it started to rise, Melvin capital had to pay pretty much anything the owners of the shares wanted.

False.

They managed stop the trading on Gamestop on TD Ameritrade and Robin Hood.

False.

Had this not happeneed, Melvin Capital could have lost 15 billion or more, and this money would have gone into tdameritrade and robin hood clients smart enough to profit burning the shorts.

Speculative.

The brokerage firms supported Melvin capital by not allowing retail buys of Gamestop. THIS is a breach of fiduciary duty..these firms are to represent their clients not fellow accredited investor buddies.

Speculative.