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> But the hedge funds in question closed out their short positions days ago.

I have asked people about this. They accuse me of buying into corporate media propaganda. Melvin must still be in and be near exploding in their minds.

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They put ads on Twitter saying the had closed their positions. Why would someone put ads on Twitter saying that? They're either lying or playing 4D chess.

https://old.reddit.com/r/wallstreetbets/comments/l8539h/cnbc...

That link is to a screenshot of a routine promoter for a CNBC show. I mean, I guess it's possible that this was done because CNBC took a kickback from Melvin to put paid content out on its twitter feed, but that would be a huge, huge scandal if so, much larger than the story of Melvin failing would be. CNBC may be business journalism but they're still selling journalism under the NBC brand.

They don't do that, basically. This is a conspiracy theory.

But it's old news. It's not even relevant content as of three days ago, where they first announced that they had closed their position. Is there even a new press release that restates the action they took and announced three days ago that would make it news?

At this point "Melvin Capital's position" seems like more of a conspiracy theory than anything based in fact.

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