Postscript to Jens Berger's article that I had posted yesterday: > This leads to the overlooked question: Who did sell the shares to the hedge > funds and the hobby speculators during the turmoil? Were it professionals > like ['Big Short' investor Michael] Burry, [Elon] Musk and the Winkelvoss > brothers? Or Reddit power users who masterminded the whole coup? The whole > thing literally smells of market manipulation and one can only hope that the > circumstantial evidence will now be investigated.
> Turns out that one of the big winners is (drumroll): a hedge fund, Senvest Management, which made a profit of $700 million from selling Gamestop shares that it had cheaply acquired in September to Gamestop/Robinhood players: https://www.wsj.com/articles/this-hedge-fund-made-700-million-on-gamestop-11612390687 -F
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