SEC TAKING ACTION! - MELVIN CAPITAL MARGIN CALL? π₯ - AMC Stock Short Squeeze Update
1,713Citadel just redeemed $500m from Melvin Capital, I personally think this means Citadel are running out of cash, and have just squeezed Melvin for every last penny, putting both of them in a BAD spot.
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Links;
https://www.reddit.com/r/amcstock/comments/p8kp1n/after_8_months_of_hodling_id_like_to_share_the/
https://www.reuters.com/article/us-citadel-melvin-hedgefunds-idTRNIKBN2FM08Y
We've also had a government employee that works fairly high up confirm that Gary Gensler is making change and is ready to bring down the hammer, he's just controlling the narrative and taking it step by step.
This is brilliant news for the AMC stock as it seems those hedge funds are getting squeezed further and further and are running out of control. Its only a matter of time before the plug gets pulled.
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