3 ms·
Company investigates and then trades on the information before publishing news story. For example after their UWM story (https://hntrbrk.com/uwm/ https://hntrb
by helsinkiandrew 3y ago
Company investigates and then trades on the information before publishing news story. For example after their UWM story (https://hntrbrk.com/uwm/ https://hntrbrk.com/uwm/):
> Hunterbrook Capital took the following positions: The fund went short $UWMC, long $RKT, and purchased derivatives.
Fairly unique business model explained in this Bloomberg article:
https://www.bloomberg.com/opinion/articles/2023-11-01/trade-the-news-then-publish-it https://www.bloomberg.com/opinion/articles/2023-11-01/trade-... (archive: https://archive.ph/CERUv https://archive.ph/CERUv)