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Sonny Crockett

05/07/21 6:30 PM

#29956 RE: Melvin Capital #29954

Is Citadel working on a deal with Uncle Sam behind the scenes? (i.e, "we'll cover but you have to promise to make us whole for the good of the economy")
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MastaBeta

05/07/21 7:03 PM

#29962 RE: Melvin Capital #29954


Remember in The Big Short when Burry's clients started pulling their cash out? And he was pleading with them to stay in? Watch Citadel holdings (and others) very closely. When all the Ritchie Riches start yanking their coin out of the box that will be one big catalyst.

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slimhere

05/07/21 8:05 PM

#29966 RE: Melvin Capital #29954

You are probably right about who will be blamed, that's kind of funny.
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KER12

05/07/21 8:12 PM

#29968 RE: Melvin Capital #29954

I think you are right except I think it’s somewhere between 1 and 2.4 billion short, otherwise I think they would have covered by now or be forced to and this is why all entities around them are protecting themselves.