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ALDRADJKD123

05/19/22 11:11 AM

#96899 RE: Stockemup371 #96898

Prudent Capitalist

05/19/22 11:33 AM

#96902 RE: Stockemup371 #96898

LOL! As widely reported Melvin Capital liquidated everything and closed out all open positions prior to the announcement that it would return all capital to the holders, which is apparently over $8 Billion. It had to be that way. No fund could announce that first and then try to liquidate and close out positions after the announcement. it lost considerable amounts shorting GME in Q1 of 2021, but had closed all short positions and strategies as of the end of Q1 2021.