🔥 SQUEEZE IMMINENT! ANOTHER FUND WITHDRAWS FROM MELVIN! 🔥 - AMC Stock Short Squeeze Update
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Links;
https://www.bloomberg.com/news/articles/2022-03-12/cohen-s-point72-to-redeem-750-million-from-hedge-fund-melvin
https://twitter.com/gurgavin/status/1502819658105339907
https://www.thestreet.com/memestocks/gme/gamestop-stock-shorts-are-running-out-of-shares
https://twitter.com/WetDirtKurt/status/1503465145057619977/photo/1
Another fund has withdrawn their investment from Melvin Capital. Major hedge funds, the mainstream media and the SEC are all suggesting that the squeeze is imminent!
Point 72 have withdrawn their $750m investment from Melvin Capital and Citadel has withdrawn most of their $2bn investment. This money was leant to Melvin to spread their gamestop risk onto Citadel and Point 72. However, Citadel and Point 72 are close to margin calls and need to offload that risk to free up margin.
Melvin is clearly the fall guy here and the MSM is now changing their narrative to support AMC, when the squeeze happens the MSM will likely claim they were correct the entire time and knew that AMC would squeeze.
The SEC also seems to be issuing warnings about a big move.
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