So, I don't know if this is a viable information but it appears to be at least reasonable. Although it is pretty slanted towards the reddit investor.

https://franknez.com/when-do-shorts-...positions-amc/

This pretty much says they don't have to cover their shorts...ever. And I don't know what is a valid borrowing rate, but I'd sit tight if money was costing my .6%.

RE: Bad earnings for Hedge funds. I don't know the accounting rules for professional traders. For personal traders, you don't realize gain/loss until you sell. I know there are different rules for professional traders, because you can only take 3000 loss and have to carry the rest.

I'm guessing there are some market to market adjustment rules to close the quarters. If that's the case, why are we just now hearing about it, not at the end of Q1 2021? That's when the major GME price spike was and their short positions would look REALLY FUCKING BAD on a Balance Sheet.

If there is no market to market adjustment and they realize the gains when they cover the shorts, that would mean they've closed some of the shorts (or lost their ass somewhere else, but that's unlikely). If they've closed some of the short positions, then we haven't seen the price action that was expected from closing the short. Unless they only closed a few of many short positions, in which case they're fucked right nice and would probably fold their tent and go home.

By the way, I googled Melvin Capital and Citadel's fiscal year ends and they're both 12/31. Accordingly, fiscal year earnings won't be disclosed until probably February, so any profitability numbers would come from quarterly releases, and again, why was Q1 2021 not the bombshell? That's when the giant price spikes were.

I don't know what's actually going on here, but there isn't a real clear picture on much.
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By all means, risk your money on the advice of an MBA student with zero actual experience in investing. Have fun.
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just look for the moon because that is where we are going
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Should have sold its peak the other day around $33. USE a stop loss!
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I'm holding for the big pop to $35.
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AAPL is just crushing! When it hits 182 they will be a 3 Trillion Market cap
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I picked up F through it’s breakout move today.
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I'm not sure I could ever buy Ford. Just in principle.
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I owned one Ford and Ill never own another much less their stock

I'm all Dodge for life.
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Buehler, what trucks do you own?

I will trade any stock at any time.

Plus I really liked the Mustang I had.
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GM. Only local dealer.

I know, thus the principle thing.

Have you checked to see if you’re gay? :-)
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Mustangs are for gays? Never knew!

So maybe…..
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Can’t embed from my phone, but yeah. Make your own call.

https://youtu.be/Ru-P-VFDnKE
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Meh, these exist for all faster cars. Check out the numerous coffee and cars crash videos. Just hilarious how dumb some people are. :-)
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I know. I just have to fling you shit.

BTW why are you awake? Aren’t you in pacific time?
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