Citadel Loses Billions: Hedge Funds Are Getting Dragged Down
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…
AMC and GME Stock Get Halted During Trading Surge
AMC and GameStop were halted shortly after the market opened this morning. AMC stock reached a high of $34.09 and GameStop reached a high $199.24 before plunging. The halts seized the ‘meme stocks’ from soaring, momentarily freezing momentum.…
BREAKING: Citadel Under Investigation by Department of Justice
Bloomberg just confirmed Citadel is one of the hedge funds under investigation by the Department of Justice. Regulators are taking Morgan Stanely and several other hedge funds to court after several subpoenas were sent out earlier this year.…
AMC Short Sellers Suffer More Than $750 Million
AMC short sellers are facing massive losses. Short sellers have lost more than $750 million in the past two weeks alone. AMC is up more than 84% in the past five trading days closing up more than 44% today. Should we expect more price surges this week?…
AMC’s Surging Volume Will Trigger a Short Squeeze
AMC’s trading volume surged to 147.8 million on Wednesday. Prices have surged more than 39% in the past 5 trading days and almost 130% since the past year. Investors who have held the stock since last March have more than doubled their gains in the…
