Ken Griffin Spent $54 Million to Fight a Tax Increase on The Rich
Citadel’s Ken Griffin spent $54 million to fight a tax increase on the rich that would raise the rate from 5% to 8% according to ProPublica. This increase would have cost $51 million every year in extra tax. In especially good years — in 2018,…
Chicago Tribune Says Citadel Securities’ Dark Pool Targets Small Investors
The Chicago Tribune just published a piece explaining exactly what retail investors have been warning the SEC about. Citadel Securities’ dark pool dominates a big part of the financial world, accounting for as much as half of U.S. stock market…
Is a New AMC Stock All-Time High Coming Soon?
AMC stock’s last time all-time high reached $72 per share. The stock had surged more than 3,000% last year when retail investors bought and held the stock, squeezing some shorts from their positions. As a result, Citadel and others lost billions of…
Hedge Fund Tiger Global on Brink of Shutting Down?
Hedge fund Tiger Global is on the brink of collapsing. WSJ reports the hedge fund is lost 52% for the year up to May. It was down 34% this year through March but the institution keeps sinking. Melvin Capital threw in the towel after suffering several…
Here’s Why It’s The Perfect Time to Buy AMC Stock Today
Are you wondering whether to buy AMC stock today? Deemed a popular ‘meme stock’ that shook Wall Street last year, it’s headed for another massive run this year. See, the stock is still heavily shorted despite an incredible pandemic…
