Hedge Funds

Hedge Funds

Congress Is Calling The CEOs of Reddit, Robinhood, Hedge Funds Citadel and Melvin Capital, Along With Keith Gill aka ‘Roaring Kitty’ aka DeepF*ckingValue Guy To Testify About Their Alleged Trading Shenanigans

By Jack Kelly   The pandemic brought upon us a lot of lunacy. One of the weirder quirks of the covid outbreak was that people found themselves stuck at home with time on their hands and unemployment and stimulus checks in their pockets.   ...Read More

It Looks Like The Biggest Winners Of The Reddit, GameStop Day Trading Frenzy May Be Two Middle-Aged, Mild-Mannered Canadian Hedge Fund Guys

By Jack Kelly We’ll soon see the movie about the recent “story stocks” alleged market manipulating, pump-and-dump saga. The main narrative about the Reddit day trading phenomenon will likely focus on the young, wild, foul-mouthed, silly dudes hyping “meme stonks.” The short-selling hedge funds ...Read More

Janet Yellen, The New Treasury Secretary, Called For A Meeting Of Top Regulatory Agencies To Discuss Recent Allegations Of Market Manipulations And Pump-and-Dump Schemes

By Jack Kelly The chaos in the stock market, caused by the battle between young, aggressive, novice day traders and experienced, wealthy hedge fund professionals, along with fast-growing trading app Robinhood abruptly denying or limiting the purchase of certain stocks, has lit a fire ...Read More