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The campaign so far has been a massive success: GameStop shares were selling for over $350 as of Wednesday morning, after beginning the year trading at just over $17 per share.</p><p>
This has made life miserable for hedge funds such as Melvin Capital Management, which <a href="https://markets.businessinsider.com/news/stocks/steve-cohen-ken-griffin-invest-3-billion-gamestop-short-seller-2021-1-1030003305" target="_blank">has lost an estimated 30 percent</a> of its $12.5 billion under management this year thanks in large part to its failed GameStop short.
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<a href="https://old.reddit.com/r/wallstreetbets/comments/l65uax/for_all_the_big_fucking_hedge_funds_monitoring_us/" target="_blank">Redditors at /r/WallStreetBets took a victory lap</a> over the hedge funds on Wednesday, and one user's triumphant taunt of rich Wall Street firms shot up to the top of Reddit's front page in just one hour.
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"FOR ALL THE BIG F*CKING HEDGE FUNDS MONITORING US, THIS IS A MESSAGE FROM US TO YOU, WE F*CKING OWN YOU NOW," the post reads. "F*CK. YOU. GO BUY THE F*CKING NEWS. LIKE AND COMMENT SO THEY SEE THIS POST. F*CK YOU MELVIN CAPITAL. F*CK YOU CITRON RESARCH. YOU HAVENT CLOSED SH*T. THIS IS GONNA GO DOWN IN HISTORY."
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"HEDGE FUNDS ARE FREAKING OUT BECAUSE THE EVERYDAY JOE IS F*CKING THEM FOR ONCE," wrote one user in a heavily up-voted reply. "HOW'S IT FEEL TO GET BOOM'D, BOOMERS?"
</p><p><a href="https://old.reddit.com/r/wallstreetbets/comments/l65uax/for_all_the_big_fucking_hedge_funds_monitoring_us/" target="_blank">Read the whole thread here</a>.<br/></p>
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