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No this is EMH at work. Main street has realized that they can attack short positions which are unnatural in size. And they intend to get paid for doing it. He
by Seanambers 6y ago
No this is EMH at work. Main street has realized that they can attack short positions which are unnatural in size. And they intend to get paid for doing it.
Hedge funds are so used to being the only tool on the block, they overextended, and for the first(?) time the retail side is fighting back.
The professional investing world have so many advantages over main street that it's not even funny. They've got everything from frontrunning, colocation, free money, and leverage(10x), 'unsophisticated' investors only can dream of this. And when they do go belly up, tax payers bail them out, meanwhile the bonus machine keeps churning.
But it is funny and good when main street actually catches them with their hand in the cookie jar.
How is this different from Bill Ackmans attack on Herbal life?
https://www.youtube.com/watch?v=bQc6L4ieMwo https://www.youtube.com/watch?v=bQc6L4ieMwo
How is this different from all the FUD Tesla has gotten over the years? Which CNBC has happily broadcast for years.
https://www.youtube.com/watch?v=a-YgFDAroeI https://www.youtube.com/watch?v=a-YgFDAroeI
- koheripbal 6y ago> How is this different from Bill Ackmans attack on Herbal life? That was shorting. That is LEGAL. > How is this different from all the FUD Tesla has gotten over the years? Tesla was specifically investigated by the SEC when it tried to push short sellers out - and they paid an undisclosed fine for that ILLEGAL activity.