Judd Legum

@JuddLegum ↗

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Last Checked Aug. 29, 2022

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Thu Jan 28 13:14:15 +0000 2021

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Judd Legum @JuddLegum

3. The primary "victim" of the retail investors, hedge fund mogul Gabe Plotkin, worked SAC until 2013. What happened in 2013? SAC pleaded guilty to insider trading and paid a $1.3 billion fine. Plotkin then left to start his own firm. https://t.co/26pyBtj4ec — PolitiTweet.org

Posted Jan. 28, 2021 Hibernated

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Judd Legum @JuddLegum

2. Market instability was created by hedge funds and other "sophisticated" investors that SHORTED MORE GAMESTOP STOCK THAN WAS EVEN AVAILABLE FOR SALE Retail investors are exploiting instability created by the hedge funds They didn't start the fire https://t.co/26pyBtj4ec — PolitiTweet.org

Posted Jan. 28, 2021 Hibernated

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Judd Legum @JuddLegum

4. Plotkin made massive returns by doing a lot more shorting than most hedge funds & no one complained But this week he was bailed out by his old boss, SAC founder Steve Cohen, and another hedge fund mogul, Citadel's Ken Griffin to the tune of $2.75B https://t.co/26pyBtj4ec — PolitiTweet.org

Posted Jan. 28, 2021 Hibernated