skwealthacademy 3Cs podcast

#181: The Final TRUTH About the Reddit Gamestop and AMC Short Squeeze


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Yes, Melvin Capital took a loan of $2.75B to ensure liquidity during the Gamestop short squeeze, but I 100% guarantee that the once reported $19B of paper losses caused by the GME short squeeze never converted from paper to real and that most hedge funds ended up making a profit on the short squeeze by deploying countermeasures on the squeeze up and profiting handsomely on the way down by the billions daily on the plummet from $500 a share to less than $50 a share. The same goes  for the AMC short  squeeze. There is a HUGE difference between a NOBLE cause and an EFFECTIVE cause. While a NOBLE cause, the GME and AMC short squeeze was NOT effective in producing any sustainable positive change in the global financial system for the benefit of the people. Here is THE final word on the Gamesto, AMC Reddit short squeeze.

 

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#RedditShortSqueeze #GamestopShortSqueeze #AMCShortSqueeze

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skwealthacademy 3Cs podcastBy jkim/ skwealthacademy ceo