#ALPACA Retail Investor Counterattack Opportunity: In January 2021, retail investors on the Reddit forum WallStreetBets discovered that GameStop ( GME ) had a shorting rate of 140% by institutions. By collectively buying shares, they drove up the stock price, causing hedge funds like Melvin Capital to lose over $5 billion, and Citron announced it would stop shorting research.
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NotQuiteUnderstood
· 2025-07-25 02:45
#ALPACA# Retail investors strike back: In January 2021, retail investors on the Reddit forum WallStreetBets discovered that GameStop ( GME ) was being shorted by institutions at a rate of 140%. By collectively buying shares, they drove up the stock price, causing hedge funds like Melvin Capital to incur losses of over $5 billion, and Citron announced the cessation of shorting research.
#ALPACA Retail Investor Counterattack Opportunity: In January 2021, retail investors on the Reddit forum WallStreetBets discovered that GameStop ( GME ) had a shorting rate of 140% by institutions. By collectively buying shares, they drove up the stock price, causing hedge funds like Melvin Capital to lose over $5 billion, and Citron announced it would stop shorting research.