Melvin's Plotkin says fund follows rules; GameStop frenzy "humbled" him

Melvin's Plotkin says fund follows rules; GameStop frenzy "humbled" him

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-retail-trading-plotkin/melvins-plotkin-says-fund-follows-rules-gamestop-frenzy-humbled-him-idUSKBN2AH2V0

Gabriel Plotkin will on Thursday explain his hedge fund's massive losses in the GameStop trading frenzy, and he plans to tell U.S. lawmakers that Melvin Capital Management follows securities laws, does not manipulate stocks and conducts extensive research before making bets.

Melvin's Plotkin says fund follows rules; GameStop frenzy "humbled" him

Feb 17, 2021, 11:42pm UTC
https://www.reuters.com/article/us-retail-trading-plotkin/melvins-plotkin-says-fund-follows-rules-gamestop-frenzy-humbled-him-idUSKBN2AH2V0 >Gabriel Plotkin will on Thursday explain his hedge fund's massive losses in the GameStop trading frenzy, and he plans to tell U.S. lawmakers that Melvin Capital Management follows securities laws, does not manipulate stocks and conducts extensive research before making bets.