/biz/ - Business & Finance

>>29694054

What's interesting is that they say that the loss has since "come down from there", and then they received the bailout to "keep going". Remember when Gabe Plotkin called up CNBC in the wee morning hours and claimed to have covered their positions back when price was in the low hundreds before the first squeeze? Up until that point, that was an ATH, so then how did that loss come down if they had exited GME? Either they told the truth about closing their shorts or covering with synthetic longs and then re-initiated a net short position later to try and make some back on the decline of the first squeeze, or they were lying about covering their original GME positions at all and that $16.8B loss amount was at the peak of the squeeze and was mitigated as the price came back down. If the former is true, then it means that Citadelvin decided that it was time to take their medicine and get out when the price was in the hundreds, and then a couple days later decided it was a good idea to try to time the peak of the squeeze perfectly at $400 to reinitiate shorts and make some money back. Maybe that happened and Citadelvin have since exited when GME came back down to the $40 range, maybe the price action we're seeing now is due to Citadelvin finally exiting their net short position, maybe Citadelvin still has a net short position and are in big doo-doo. No matter what, this info that Melvin has recouped some of their losses suggests that the chances are high that Citadelvin maintained a significant net short position into February and may still have a net short position.

Is the general consensus holding past Friday?