Hedge Fund Melvin Capital Is Shutting Down End of June
Hedge fund Melvin Capital, notoriously known by the retail community for betting against GameStop is now closing its doors. 2022 marks the second year in a row the short seller underperforms. Melvin Capital lost a staggering 20.6% the first quarter this…
Is the SEC Complicit to Market Injustices?
Retail investors are beginning to question whether the SEC is complicit to market injustices. An out of touch Gary Gensler has made it rather clear that keeping his job is more important than actually enforcing the law. In an alarming interview with Jon…
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.…
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…
