OHS Lioness

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Recognized as August/ September Okarche Lioness honoree is Lexi Wilson.

August/September 2020 Okarche Lioness

Wall Street outsiders versus hedge funds played out in GameStop run

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The investment world was convulsed last week when at least one hedge fund (Melvin Capital) lost billions of dollars. The sudden, massive losses happened when a tidal wave of independent individual investors, spearheaded by posts on reddit.com, triggered a short squeeze that torpedoed the hedge fund.

For those of you unfamiliar with a “short squeeze,” let me explain. Most stock market investors “go long.” That means that they buy a stock and then hope to sell it later at a higher price.

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Public Records - February 6

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LAWSUITS

Capital One Bank N.A. vs. Steven L. Purvis for $6,319.59 to pay a debt plus interest, costs and attorney fees.

Capital One Bank N.A. vs. Rochelle D. Sinclair for $4,478.52 to pay a debt plus interest, costs and attorney fees.

Capital One Bank N.A. vs. Kelly M. Harris for $4,075.34 to pay a debt plus interest, costs and attorney fees.

Capital One Bank N.A. vs. Kristi K. Howes for $8,269.11 to pay a debt plus interest, costs and attorney fees.

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