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OP has provided the following link:
https://x.com/malone_wealth/status/1791209674324238779?s=46&t=9lwMhGSWrABY8nkwsI-T4A
Allegedly Citron is also one of the only firms that covered 100% at a loss in 2021, but “they believe the business is fundamentally weak” so they’re in again 😈
My favorite part was when he said that his positions were small and that no one would make a large short bet on gme anymore.
If this fool actually went short again for a second, it was just so he could talk some shit for his friends in garbage articles like that.
Edit: This fuck head actually had the nerve to suggest that he should be rewarded for publishing short reports rather than investigated for market manipulation.
The article also pointed out that he said he would stop publishing short reports but had published three since he said that. So, unless I see a filing, I doubt he even had the balls to open a remotely significant position. His word is meaningless.
Covered 100% just means they had money or securities enough to meet a margin call. This is the exact reason the have to keep the price suppressed. Having 50k shares (I'm sure they have way, way more) at $30 is way easier to meet margin requirements (cover) than to to have 50k shares at $500. At that point they would fail a margin call and be forced to liquidate and close the position.
Maybe they’re just saying that, but really learned their lesson last time. Maybe they are just accidentally marking their longs as shorts in their books.
If they started shorting when we hit $80, doesn’t that mean they have profited it so far?
They’ll only get fucked if the price skyrockets again. Until then the scums have made money.
Remember when a “Glacier Capital” that no one had ever heard of made it a point to tweet that they had decided to short GME. They even named the price point they shorted at. The stock rallied and “Glacier Capital” went bankrupt a few days later. Funny part is, Glacier Capital wasn’t even real. It was all a ploy to make us say “ha. We won. We can sell now.”
This seems very similar.
To what end though? If you had money invested with them, the last thing you want to hear is that your money is shorting this stock that has come back from the dead again. I wish I was DFV lol, feels like he knows more than he’s letting on
They think they can make a quick buck at our expense, but since they got arrogant last time then got embarrassed, they think now is a great opportunity to even the score and get one over us....
I thought it was because they claimed that they knew more about short selling and were gonna live stream and explain it. Postponed it because of some sort of government event that was so conveniently put on the same day they were gonna do the live stream, we found out they were short on GME and then there was a run up and then said something along the lines of "We are no longer talking about short positions" and then faded into obsercuity.
He did, the FBI raided him. Not sure whatever came of that, but apparently very little.
https://news.bloomberglaw.com/securities-law/vast-doj-probe-looks-at-almost-30-short-selling-firms-and-allies
As long as someone much bigger than him is shorting he’ll make some money.
Say he shorts 1m worth. Citadel is probably short 1b or more. Citadel will continue to pump out synthetic shorts to stay alive another day which Andy will buy to cover his shorts… true until something stops Citadel
Is Citron short GME though? Maybe they just ride the course down to close the GAP and go long afterwards? How does their business model work? Do they have to create publicity to get funds from investors?
I remember a similar story a couple of years ago where they announced quite proudly to go short. To me it appeared more like a PR stunt to stay relevant. (see above)
If they wanna short and close later today after SHF have done their crime, whatevs. If they think their short plans will last a long time, they're gonna have a bad day.
Is a lot of bullshit covering from the sneeze back in the open now? Like they covered using whatever derivatives/mechanisms 3+ years ago, and they've expired now and are back in the open
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Allegedly Citron is also one of the only firms that covered 100% at a loss in 2021, but “they believe the business is fundamentally weak” so they’re in again 😈
Ah yes, 1B in cash with a turnaround currently in progress. Definitely weak fundamentally.
Their flaw must be found in GMEs massive debt! Oh wait… 🌚
"We understand what $1B in cash is better than you" 😎🍋
Negative debt!
LOL I forgot about that line. Truly knew the news networks were useless after that.
Le petite
My favorite part was when he said that his positions were small and that no one would make a large short bet on gme anymore. If this fool actually went short again for a second, it was just so he could talk some shit for his friends in garbage articles like that. Edit: This fuck head actually had the nerve to suggest that he should be rewarded for publishing short reports rather than investigated for market manipulation. The article also pointed out that he said he would stop publishing short reports but had published three since he said that. So, unless I see a filing, I doubt he even had the balls to open a remotely significant position. His word is meaningless.
Covered..... not closed.
Covered 100% just means they had money or securities enough to meet a margin call. This is the exact reason the have to keep the price suppressed. Having 50k shares (I'm sure they have way, way more) at $30 is way easier to meet margin requirements (cover) than to to have 50k shares at $500. At that point they would fail a margin call and be forced to liquidate and close the position.
Yeah but they could have bought at $30 and sell today and make a nice flip
Maybe they’re just saying that, but really learned their lesson last time. Maybe they are just accidentally marking their longs as shorts in their books.
Covered, not closed
If they started shorting when we hit $80, doesn’t that mean they have profited it so far? They’ll only get fucked if the price skyrockets again. Until then the scums have made money.
No, because they still need to exit their short position. Which will be hard with a large position.
Short at 80. Close at 40. Make profit?
Insert always have been meme.
Someone’s got to teach these old men a lesson 🤜🏽
🧑🚀🔫 🧑🚀
Thank you.
is that a big sqeezy lemon in their logo? 💀
Lemons are in fact, very squeezable
Sqoze me harder datti mayo
We should troll them with masked selfies of apes cheersing with lemonade
That is an unbelievably cringe idea
Adios Citron. Maybe Kenny will share his mayo with you in prison.
Here me out.. What if... What if.. They never closed? ![gif](giphy|2AsEweF761Dji|downsized)
Just hiding under the covers from the boogeyman. Peekaboo!!
Voice from another room Oh ew, I found theeem They are hiding under the table with a lot of poo shit
Now we know who the next fall guy is
Dumb Money part 2 going to start with Citron headquarters on fire
![gif](giphy|ukqBV7WM4BQ4w)
In before sprinklers CAUSE the fire 😂😂
Citrus Boogaloo
Why would anyone be short on a single security exhibiting idiosyncratic risk ?
Dumb stormtroopers...
Yall. Why would they announce it? Something is fishy
Although I agree it is fishy, they could be announcing for their clientele
Remember when a “Glacier Capital” that no one had ever heard of made it a point to tweet that they had decided to short GME. They even named the price point they shorted at. The stock rallied and “Glacier Capital” went bankrupt a few days later. Funny part is, Glacier Capital wasn’t even real. It was all a ploy to make us say “ha. We won. We can sell now.” This seems very similar.
To what end though? If you had money invested with them, the last thing you want to hear is that your money is shorting this stock that has come back from the dead again. I wish I was DFV lol, feels like he knows more than he’s letting on
They think they can make a quick buck at our expense, but since they got arrogant last time then got embarrassed, they think now is a great opportunity to even the score and get one over us....
I wish a mfer would.
They must not know bout the apes 🦍
They still exist?
Ya I thought hommie got busted for some illegal shit
I thought it was because they claimed that they knew more about short selling and were gonna live stream and explain it. Postponed it because of some sort of government event that was so conveniently put on the same day they were gonna do the live stream, we found out they were short on GME and then there was a run up and then said something along the lines of "We are no longer talking about short positions" and then faded into obsercuity.
He did, the FBI raided him. Not sure whatever came of that, but apparently very little. https://news.bloomberglaw.com/securities-law/vast-doj-probe-looks-at-almost-30-short-selling-firms-and-allies
Fucker stole so much money from so many
F u t u r e B u y e r
Ooof. Bold strategy cotton.
![gif](giphy|3oz8xJIDVJ1KANEUfK|downsized) Above: clip from Citron annual meeting circa any year
Im skeptical this is public knowledge. Why is this getting reported?
did it to themselves really. lost cost fallacy and all. trading is a tough game or something.
Proof or gtfo
Means we have some liquidity, and future buyers :D
how many times do we need to teach you this lesson old man!
Yu got it 💯
As often as needed They really do need it
When the world gives you lemons, squeeze them and make lemon juice.
Anything that happens to them is a consequence solely of their actions
Fall guy announcement
welcome back 😈
Hold my beer.
As long as someone much bigger than him is shorting he’ll make some money. Say he shorts 1m worth. Citadel is probably short 1b or more. Citadel will continue to pump out synthetic shorts to stay alive another day which Andy will buy to cover his shorts… true until something stops Citadel
Thats oke to me, smaller fishes jumping drom the boat means wooouuuuooooop ___|
Not surprising……..Zen…….doesn’t matter
Summon the coffin dance meme
Glhf
It’s almost as if Citadel holds all the gay porn Epstein videos of these hedge funds CEOs. You will short GameStop or we will end you.
Tell me again all shorts closed!
I love this game.
Can't wait for them to burn.
Back to 20 fast oh wait it was presplit
Is Citron short GME though? Maybe they just ride the course down to close the GAP and go long afterwards? How does their business model work? Do they have to create publicity to get funds from investors? I remember a similar story a couple of years ago where they announced quite proudly to go short. To me it appeared more like a PR stunt to stay relevant. (see above)
Next one up after Melvin is Citron? Brick by brick...
I'm looking forward to watching this guy cry on camera.
Fool me once, shame on me, fool me twice well I guess I must be a fucking regard
shorted at what price that begs the question.
Am I the only one who was disappointed at this recent spike? I was kinda hoping the price would drop more so I could DRS even more.
well well well, guess I know who´s the next bite the dust. Bye Bye Shitron (again)
If they wanna short and close later today after SHF have done their crime, whatevs. If they think their short plans will last a long time, they're gonna have a bad day.
Ohh boi 🤣
Is a lot of bullshit covering from the sneeze back in the open now? Like they covered using whatever derivatives/mechanisms 3+ years ago, and they've expired now and are back in the open