Reddit traders bludgeon hedge fund wunderkind Gabe Plotkin's Melvin Capital in warning to Wall Street

Reddit traders bludgeon Melvin Capital in warning to Wall Street
The attack on Plotkin’s six-year-old firm has shifted the balance of power in ways that would have seemed unimaginable only months ago.
The mistake, if it can be called that, of Gabe Plotkin’s Melvin Capital was leaving footprints behind in the marketplace. 
Bloomberg
Jan 28, 2021 – 8.17am
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The first sign of trouble for hedge fund wunderkind Gabe Plotkin came in late October: A poster on Reddit’s popular wallstreetbets forum was taking aim at his wildly successful investment firm.
“GME Squeeze and the demise of Melvin Capital,” wrote the user, Stonksflyingup, referring to the stock ticker of GameStop and Plotkin’s $US12.5 billion ($16.3 billion) firm. Before long, veryforestgreen weighed in: “Melvin Capital New Short Attack.” Then, greekgod1990: “Melvin vs WSB! And GME to the moon.”

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