I have seen lots of posts on GME here. I do not believe this is Q related nor is it related to suicide weekend. Typically hedge funds are managing the assets of a client. Often people who have billions invested long term in the stock market and will profit when the market rises. At the same time they hire hedge funds, because these people are experts at finding investments that can rise even when the market falls. So what is now happening in the aftermath of this event is these clients are selling off their long term positions in the stock market to cover losses on their hedged investments. This is a big part of why the market is tanking right now. There are of course exceptions and there may be some major individual investors who throw big money at shorting game stop. But when you hear hedge fund(Melvin Capital), that is a company that manages the assets of multiple clients in an attempt to create a portfolio that will go up when market goes down, and also not decline excessively when the market rises. A hedge is a smaller percentage of their assets than their main investments. Hedge funds are not some evil entity. They are just a tool for risk management used by billionaires invested in the stock market. Some of these hedge funds may lose their clients and have their reputations harmed, but mostly they are losing their clients money who have already reaped pretty large gains over the prior years in the market. I can't see how this short squeeze is any different than the dryships short squeeze in 2016 for example. I can't see how this would be part of any plan. My 2 cents. Not a fan of Chanos, Left, Soros, etc. But as far as their hedge fund activities I would need q to drop a "boom" before I buy that.
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It's all connected.