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macrocephalopod's profile
macrocephalopod
macrocephalopod
macrocephalopod
@macrocephalopod

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macrocephalopod

@macrocephalopod

Paul Allen, Vice President M&A, Pierce & Pierce (Sie/Hir) | Vegan | Silence is Violence | Women’s Rights Are Human Rights | ACAB (Assigned Cephalopod At Birth)

Joined December 2020

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    1. Mark Gutman‏ @MarkGutman9 27 Jan 2021

      Mark Gutman Retweeted WallStreetBets & Co.

      I doubt this - Melvin Capital is not at risk of BK. But if the fund gets wiped out (which I also doubt), who is going to buy your ridiculously priced long position then, huh? $GMEhttps://twitter.com/WSBConsensus/status/1354233408835219461 …

      Mark Gutman added,

      WallStreetBets & Co. @WSBConsensus
      Melvin Capital, to file bankruptcy as soon as next week according to sources. The bailout they received yesterday from Citadel and Point72 went “poof” today as the GameStop ( $GME ) momentum continued. The fund was forced to liquidate its Alibaba ( $BABA ) position after hours.
      7 replies 1 retweet 9 likes
    2. pandahedge‏ @legitpandahedge 27 Jan 2021
      Replying to @MarkGutman9

      Just wonder, even Melvin BK, it still needs to settle the shorts? Curious

      1 reply 0 retweets 1 like
      macrocephalopod‏ @macrocephalopod 27 Jan 2021
      Replying to @legitpandahedge @MarkGutman9

      The positions would be liquidated ahead of that in order to meet the margin calls.

      12:57 AM - 27 Jan 2021
      • 1 Like
      • Mark Gutman
      1 reply 0 retweets 1 like
        1. pandahedge‏ @legitpandahedge 27 Jan 2021
          Replying to @macrocephalopod @MarkGutman9

          Thanks

          0 replies 0 retweets 0 likes
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