Money from the short squeeze on GameStop (GME) in January of 2021. Taking all of Melvins capital.
Elon Musk gave GME a shoutout on twitter after the stock soared from a mere $4 in early Dec. to $150 end of January.
Melvin owes 5.5 Billion dollars at a 60% interest rate.
Elon Musk gave GME a shoutout on twitter after the stock soared from a mere $4 in early Dec. to $150 end of January.
Melvin owes 5.5 Billion dollars at a 60% interest rate.
by Estretoseten January 26, 2021
"Haha, did you hear Melvin Capital went tits up after shorting GME?"
"Yea. They really got melvined. Hey, by the way, can you spot me a quick handy behind Wendy's? I'll give you some GME later."
"Yea. They really got melvined. Hey, by the way, can you spot me a quick handy behind Wendy's? I'll give you some GME later."
by GME TENDIES January 29, 2021
To make incredibly bad bets which you can't cover. To such a degree that it could fuck up everything in the known world.
As when Melvin Capital engaged in naked short selling causing historic losses and a global financial crisis in 2021.
As when Melvin Capital engaged in naked short selling causing historic losses and a global financial crisis in 2021.
by PuppetJustice November 20, 2021
If a guy has this name you know whats going down. hes bringing a 20 gauge to a knife fight and if hes drunk he will put a sniper scope on it.
by shaqiqi February 09, 2022
by Melvin276473&2 March 26, 2024
A very gay man . He is the king of the Gym . Very likely to own your very dicks . When MELVIN MEE winks at you your dicks is melvin's now.
by Rxdxy December 29, 2017
by melvinator November 24, 2021