GME, Hedge Funds, Citadel and Reddit

[Koko]

On 9/4/2022 at 10:39 AM, Foxx said:

Bed Bath & Beyond exec ID’d as Tribeca ‘Jenga Building’ jumper: source

 

 

How can something new be 'iconic'?

[Cinga]

On 9/4/2022 at 11:01 AM, Foxx said:

I see bandied about quite a bit these days where people say we will be calling what is coming the Greater Depression.

 

We obviously learned nothing from 2008. The exposure today dwarfs what it was a mere 15 years ago.

 

Yet here we are again putting the same people back in office that screwed it up the first time

[Foxx]

1 minute ago, Cinga said:

 

Yet here we are again putting the same people back in office that screwed it up the first time

Shows you the power of the loudest megaphone.

[Jauronimo]

On 8/22/2022 at 12:01 PM, Nouseforaname said:

Coming from someone who hasn’t followed the story, in a spin off, the sum of the two companies should be equal.

 

Obviously the hype has added some disparities to that logic.

Typically after spinoffs involving large caps there is forced selling by institutional holders who owned the legacy company.  The new SpinCos often do not align with fund mandates on size, strategy, sector and are immediately sold driving down prices.  Spin-off investing was a lucrative strategy for a many years.  Joel Greenblatt had a nice write up on the opportunity.

[Foxx]

The next meme stonk