Hedge fund Glacier Capital publishes a letter to investor’s stating they have opened bets (a short position) against GameStop. However…

In light of all this activity going on with GameStop, one has to wonder why they would open bets against GameStop. It will be determined soon after that Glacier Capital does not really exist. Well it does, but it is not all that it claims to be. There is speculation that this shell company may be used as a scapegoat to blame for lost funds due to their bets against GameStop.