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How Elon Musk May Have Just Reignited His War With The SEC
Thursday, April 7, 2022 - 4:39pm | 876The latest clash in the long history of drama between Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and the U.S. Securities and Exchange Commision may soon play out over Musk's recent investment in Twitter Inc (NYSE: TWTR). Filing Error? On Monday morning, Musk disclosed a 9.2% stake in Twitter via a...
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Whitney Tilson Names Cannabis ETF 'Favorite Pick For 2022' But Clock Is Ticking To Change US Regulations
Monday, January 3, 2022 - 4:27pm | 574It was another brutal year for cannabis stock investors in 2021 as the U.S. made very little regulatory progress on cannabis reform measures. Fortunately for cannabis stock investors, former hedge fund manager Whitney Tilson says he has high hopes for cannabis stocks in 2022. Tilson’s Take:...
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Why Doug Kass Says ARK Invest Unwind A 'Bona Fide Market Risk Now'
Tuesday, February 23, 2021 - 4:24pm | 630Growth stocks got crushed in early trading on Tuesday, sending shares of the ARK Innovation ETF (NYSE: ARKK) down nearly 12% at one point before the market stabilized. Yet the ARKK fund is now down more than 14% from its February high in less than two weeks, and Seabreeze Partners Management...
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Is Tesla Stock The 'Largest Single Bubble' In History?
Wednesday, August 26, 2020 - 6:00pm | 741Tesla Inc (NASDAQ: TSLA) gained another 6.4% to hit new all-time highs on Wednesday, once again without any major news from the company. Tesla has plenty of skeptics with the stock up 900% in the past year despite reporting a 4.9% drop in revenue last quarter. Seabreeze Partners Management...
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Is Now The Time To Short Tesla's Stock?
Friday, July 24, 2020 - 1:35pm | 486Tesla Inc (NASDAQ: TSLA) shares took another big hit on Friday and are now down 9.8% since the company reported second-quarter earnings on Wednesday. The sell-off has eased some pressure of a short squeeze in the stock that has endured throughout 2020, and some traders are speculating now may...
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Teslamania Runs Wild! Now What?
Thursday, February 6, 2020 - 4:01pm | 1276Tesla Inc (NASDAQ: TSLA) has been running in insanity mode this week. Shares dropped more than 17% on Wednesday, the stock’s second worst day in history. The sell-off came just two days after the stock hit an all-time intra-day high of $961.86 and gained 19.9%, its single best day in more...
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Doug Kass: Avoid Stocks
Tuesday, March 29, 2016 - 1:50pm | 304Seabreeze Partners Management's Doug Kass has recommended that investors avoid stocks, as he believes "the rising stock prices that we're seeing are just a 'bear-market rally' rather than a new bull-market leg." "Recession concerns have disappeared as the Federal Reserve delayed anticipated rate...
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Doug Kass: I'll Reload My Tesla Short If This Happens
Tuesday, October 20, 2015 - 4:59pm | 281Shares of Tesla Motors Inc(NASDAQ: TSLA) closed down 6.61 percent on Tuesday, but fell as low as 11 percent intra-day. The selloff followed Consumer Reports' withdrawal of its recommendation on the Model S. In the afternoon, Doug Kass, president of Seabreeze Partners Management Inc.,...
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Doug Kass Doesn't Like Morgan Stanley's Massive Tesla Target Hike
Monday, August 17, 2015 - 11:27am | 347Morgan Stanley analyst Adam Jonas hiked the firm's Tesla Motors Inc (NASDAQ: TSLA) price target from $280 to $465, primarily under the view that the company can play a leading role in the revolution towards shared mobility. However, Seabreeze Partners Management's founder and president...
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59 Financial Experts Just Revealed What 2015 Could Bring
Tuesday, December 30, 2014 - 5:55pm | 5314Benzinga recently asked more than 50 experts what they'll be watching in the New Year. All responses in italics are direct quotes and shortened for this article. The full list of predictions can be downloaded for free here. So...what's your best trading and investing tip going into...
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Doug Kass' Top 11 Favorite Books
Sunday, May 4, 2014 - 5:51pm | 132Doug Kass has read each of these books 10 times or more -- have you? They include a number of classics that many investors already have in their collections. But there are other, lesser-known books that stand to provide invaluable information to those who read them. During an interview with #...
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Doug Kass On Bubbles, Forecasting, Social Media And More
Friday, May 2, 2014 - 5:12pm | 637Legendary hedge fund manager Doug Kass joined the Benzinga crew on PreMarket Prep this week to share his views on just about everything. During the interview, Kass explained why social media is his least favorite sector. "I think the entire social media sector, we're gonna look back and most of...
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A Retort to Andrew Ross Sorkin on ETFs
Tuesday, October 11, 2011 - 1:26pm | 878In a late night post on New York Times Dealbook, Andrew Ross Sorkin, wrote a post talking about the "evilness" of ETFs. Sorkin interviewed Doug Kass, of Seabreeze Partners Management and other hedge fund managers about leveraged ETFs, and the supposed volatility they have caused in recent weeks...
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Doug Kass Tells Tom Keene: Calls On Double-Dip Recession Exaggerated
Wednesday, July 14, 2010 - 7:18am | 229In an article on Bloomberg Businessweek, Doug Kass, president of Seabreeze Partners Management Inc, said that investors should turn bullish on US stocks as data is indicating that calls on double-dip recession are exaggerated. In a radio interview with Tom Keene on Bloomberg Surveillance, Doug...
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Doug Kass Shorts IWM at $65.80 (IWM)
Monday, June 14, 2010 - 10:00am | 62Doug Kass just announced he is shorting IWM (NYSE:IWM) at $65.80 in a Tweet. He cites weakening financials as his primary concern. Kass is the founder and president of Seabreeze Partners Management. Strong Buy Stocks That Have Tripled the Market. See them for free.