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Shkrelli has shuttered two hedge funds (Elea Capital Management & MSMB Capital Management) when he was unable to cover shorts and put options when the stock pri
by JackFr 10y ago
Shkrelli has shuttered two hedge funds (Elea Capital Management & MSMB Capital Management) when he was unable to cover shorts and put options when the stock price moved away from him. He is also currently awaiting trial for securities fraud. So I would take his comments with a grain of salt.
- artursapek 10y agoThis is why I said "claims". He no doubt failed at some of his shorts. On a livestream he said he made all the money he still has on his companies, not trading. The strategy is still relevant to the discussion, though.