Good point, but remember, marketcap is a pretty rough statistic, it assumes that if one share is worth X then all the shares are worth X, which isn't true. Selling to the highest bidder makes a lower bidder the highest bidder, lowering the price.
Citadel is long on all of those. There’s a good chance they are being liquidated right now. They are very very short on GME, it might be time to close those short positions.
If Bill Ackman is willing to lose $400 million, after recently investing $1.1 billion, rather than riding it out and waiting for it to go back up, it makes me want to assume that it is never going back up.
One fund realized a loss of $400 million.
But collectively, the investors in Netflix lost over $50 billion today. Couldn’t happen to a more deserving pack of demons.
Go woke, go fck yourself.
Good point, but remember, marketcap is a pretty rough statistic, it assumes that if one share is worth X then all the shares are worth X, which isn't true. Selling to the highest bidder makes a lower bidder the highest bidder, lowering the price.
Destroyed Blockbuster because of a good idea, destroyed itself because of a bad idea.
I hope they stay down this time - I can't believe they had that significant rise in 2021 after a bunch of us quit.
So Disney, Twitter and now Netflix. My spider sense is picking up a pattern….perhaps this will signal the rise of dwac?
Citadel is long on all of those. There’s a good chance they are being liquidated right now. They are very very short on GME, it might be time to close those short positions.
We're not selling for less than phone numbers.
If Bill Ackman is willing to lose $400 million, after recently investing $1.1 billion, rather than riding it out and waiting for it to go back up, it makes me want to assume that it is never going back up.
I think this is because NCSWIC.
WTF happened?!? Did they announce Cuties 2 or something?
Maybe they gave it to Ukraine
This is the way.