A subreddit group (retail traders) took on a short..

Director Enterprise Business at SCIKEY

4 years ago

A subreddit group (retail traders) took on a short position (in Gamestop) of multi billion dollar hedgefund, which nearly went bust.

An interesting story of how retail traders turned the tables in this case.

https://www.davemanuel.com/202....1/01/26/melvin-capit

www.davemanuel.com

Melvin Capital vs WallStreetBets: How Retail Traders Took Down a Hedge Fund

Melvin Capital vs WallStreetBets - how a community filled with memes and outlandish trades on Reddit ended up taking down a hedge fund.

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