LogFAQs > #980390819

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TopicRoaringKitty returns causing GME surge and RH shuts off buy
WingsOfGood
05/14/24 12:49:31 PM
#104:


Kuuko posted...
Why don't any hedge funds want to contribute? If the ape theory is real, then it's pretty easy money.

The ape theory needs to say that hedge funds are all colluding to keep the little guy down. And that hedge funds definitely aren't actively trying to get an edge over each other every day in the market. Or at least on this one issue, keeping gamestop from shooting to the moon, they've all secretly agreed not to get involved.

The hedge fund behind Melvin and Robinhood was Citadel.
Citadel made news the other year as making more money than any hedge fund ever has in the history of the world.
Look it up.

Before then the record was held by one that helped spawn the 08 crisis.
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