×

MELVIN CAPITAL FIRST QUARTER RESULTS by Empire48 in wallstreetbets

[–]quantkim 6 points7 points  (0 children)

Your are right, GME went from 100 to 200 in March

MELVIN CAPITAL FIRST QUARTER RESULTS by Empire48 in wallstreetbets

[–]quantkim 2 points3 points  (0 children)

Maybe he was heavy in leveraged semiconductors and timed it well

Whoops 🤷‍♂️ “Gabe Plotkin's Melvin Capital, which came under siege from Wall Street Bets, took another hit in March” by Wise_Complaint_6690 in wallstreetbets

[–]quantkim 0 points1 point  (0 children)

Maybe he doubled down on his heavy winners like FB, LB or some other names that spiked in March to neutralize his GME short loss

MELVIN CAPITAL FIRST QUARTER RESULTS by Empire48 in wallstreetbets

[–]quantkim 101 points102 points  (0 children)

“Here come the shorty apologists

Give them no respect

Get Shorty”

MELVIN CAPITAL FIRST QUARTER RESULTS by Empire48 in wallstreetbets

[–]quantkim 724 points725 points  (0 children)

“Melvin slid 7% last month”, while GME went up from 50 to 200 and overall markets were up lol

Ryan Cohen to Become Chairman of the Board Following Annual Meeting by quantkim in wallstreetbets

[–]quantkim[S] 6 points7 points  (0 children)

No whale buyers today yet, maybe during the power hour or tomorrow whales initiate a gamma squeeze. Chairman news + RC tweet = GME should’ve mooned already

Ryan Cohen to Become Chairman of the Board Following Annual Meeting by quantkim in wallstreetbets

[–]quantkim[S] 1 point2 points  (0 children)

Yeah that’s why they created a new role Chief GameStock Growth Officer 🚀🚀🚀

Ryan Cohen to Become Chairman of the Board Following Annual Meeting by quantkim in wallstreetbets

[–]quantkim[S] 2 points3 points  (0 children)

“Following the Annual Meeting, all directors will be compensated 100% in equity;”

Ryan Cohen to Become Chairman of the Board Following Annual Meeting by quantkim in wallstreetbets

[–]quantkim[S] 0 points1 point  (0 children)

2 new names:

New Director Candidate Biographies

Larry Cheng is Co-Founder and Managing Partner of Volition Capital, a leading growth equity investment firm based in Boston, Massachusetts and the first investor in Chewy. He has more than two decades of venture capital and growth equity investing experience based on time at Volition Capital, Fidelity Ventures, Battery Ventures, and Bessemer Venture Partners. He presently leads the Internet and Consumer team at Volition, focusing on disruptive companies in e-commerce, internet services, consumer brands, and digital media and gaming. He received his bachelor's degree from Harvard College where he concentrated in Psychology.

Yang Xu is Senior Vice President of Global Finance and Treasury at The Kraft Heinz Company. She has more than 20 years of broad experience across the capital markets, finance, strategic planning, transactions and business operations in the U.S., Asia and Europe. Prior to The Kraft Heinz Company, she held roles with Whirlpool Corporation and General Electric Healthcare. She has a bachelor’s degree in Finance from Wuhan University, a master’s degree in management from the HEC School of Management and a master’s in business administration from the London Business School.

Ryan Cohen to Become Chairman of the Board Following Annual Meeting by quantkim in wallstreetbets

[–]quantkim[S] 903 points904 points  (0 children)

GameStop Plans to Elect Ryan Cohen as Chairman; Shares Gain (1) Thursday, April 8, 2021 02:20 PM By Luzi Ann Javier and Bloomberg Automation

(Bloomberg) --Updates with more details.

GameStop said activist investor and board member Ryan Cohen will become chairman of board following the company’s annual meeting, according to a press release.

NOTE: As part of a corporate overhaul spearheaded by Cohen, the company has brought in a number of new executives including a chief growth officer and chief technology officer, adding technology-focused senior executives to its team to move the company away from its brick-and-mortar business

NOTE: GameStop Adds Another Amazon Executive to Team; Shares Climb

The company also said it’s nominating six individuals to the board and directors will be compensated 100% in equity

In a filing with the SEC, GameStop also said Kurtis J. Wolf, a member of the board of directors resigned effective immediately and his departure was not a result of any disagreement with the company or the board

Shares advanced 3.8% in premarket trading

Ryan Cohen to Become Chairman of the Board Following Annual Meeting by quantkim in wallstreetbets

[–]quantkim[S] 7893 points7894 points 2242& 9 more (0 children)

GAMESTOP: ALL DIRECTORS WILL BE COMPENSATED 100% IN EQUITY

COHEN TO BE CHAIRMAN OF BOARD FOLLOWING ANNUAL MEETING

GRUBE TO SERVE ON CAPITAL ALLOCATION COMMITTEE

GAMESTOP SLATE OF DIRECTORS INCL ALAN ATTAL, LARRY CHENG, RYAN COHEN, JIM GRUBE, GEORGE SHERMAN AND YANG XU

WOLF NOTIFIED CO. RESIGNATION AS A MEMBER OF BOARD

WOLF RESIGNATION NOT RESULT OF DISAGREEMENT WITH CO.

I'm seeing a lot of screenshots of my website (Quiver Quantitative) on here, so I wanted to share a write-up on the data. by pdwp90 in Superstonk

[–]quantkim 0 points1 point  (0 children)

So cumulative OTC + exchange reported short interest is conservatively above 100% of float again. But it’s hard to find how much of this OTC short vol is already covered…