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Gamestop Short Seller Wants Freedom Of Speech For 'Millions' Having Stock Market Conversations, Questioning SEC On 'What Protects Honest Opinions?'
Tuesday, January 28, 2025 - 3:28am | 885Activist short seller, Andrew Left, who is the founder and editor of Citron Research has filed a petition with the U.S. Securities and Exchange Commission arguing for a stronger protection for free speech in online stock market discussions. What Happened: The petition comes amid Citron’s...
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Analyst's Squeeze Play: Can Beyond Meat, Aurora Cannabis Juice The Shorted Stocks?
Tuesday, June 18, 2024 - 12:55am | 604A short squeeze forces investors betting on a stock's decline (short sellers) to buy back shares at a higher price to avoid losses, triggering a price surge. Analyst Faizan Farooque sees this potential in Aurora Cannabis (NASDAQ: ACB) and Beyond Meat (NASDAQ: BYND) due to their recent actions...
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Life Imprisonment For Short Selling? South Korea Extends Ban, Harshens Penalties
Friday, June 14, 2024 - 11:33am | 587South Korea extended its short-selling ban on Thursday in an attempt to crack down on illegal “naked shorting” practices. What Happened: South Korea announced it would extend its ban on short selling to the first quarter of 2025, per Fortune. “The ban on short selling will be...
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Trump Media's Call For Short-Selling Probe A 'Diversion Tactic,' Says Herb Greenberg: 'Beware Of What You Wish For'
Friday, May 3, 2024 - 5:41am | 774Financial journalist Herb Greenberg expressed skepticism over Trump Media & Technology Group Corp.‘s (NASDAQ:DJT)push for a legislative probe into the short-selling of its shares, terming it a “diversion tactic.” What Happened: Greenberg shared his thoughts on the recent move...
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Elon Musk Reacts To An Old Clip From Lex Fridman's Podcast On What 'Exactly' Is Wrong With SEC: 'The Lawyers Of The SEC Are Not Paid Well'
Tuesday, April 30, 2024 - 8:19am | 787Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), recently expressed his dissatisfaction with the Securities and Exchange Commission (SEC) on Lex Fridman‘s podcast. What Happened: On Tuesday, Musk took to X to agree with a post by @MuskBreaking that highlighted a snippet of his criticism of the...
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China's Securities Regulators Urge Hedge Funds To Curb Short Selling Amid Market Turmoil: Report
Wednesday, January 24, 2024 - 3:14am | 601In an attempt to stabilize the plunging stock market, China’s securities regulators have reportedly reached out to hedge fund managers, advising them to limit short selling in the stock index futures market. What Happened: The China Securities Regulatory Commission (CSRC) has contacted...
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Morgan Stanley To Pay $249M Penalty In Block Trade Case: How Leaks Cost Blackstone, Oaktree Millions
Tuesday, January 16, 2024 - 5:06pm | 729Banking giant Morgan Stanley (NYSE:MS) was fined $249 million on Jan. 12 for leaking information on trades by some of its top clients. Bloomberg reports that the breach of trust cost companies including Blackstone (NYSE:BX) and Oaktree Capital Management millions of dollars. Federal prosecutors,...
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Short Sellers' Nightmare: $195B Evaporates In 2023's Market Surge
Friday, January 5, 2024 - 10:25am | 733In a year when equity markets rallied strongly, short sellers — traders who position for losses on assets — had an extremely tough time in 2023. Data published on Friday by S3 Partners showed that short sellers in the U.S. and Canada were down $194.9 billion in 2023 — down 20.4% on an average short...
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Legendary Investor Jim Rogers Predicts Market Bubble, Positions To Short Tesla, Apple And Other 'Magnificent Seven'
Friday, December 29, 2023 - 5:11am | 800Market veteran Jim Rogers predicts a significant plunge in asset prices and a looming economic disaster, with plans to profit by shorting renowned stocks like Tesla Inc. (NASDAQ:TSLA) and Nvidia Corporation (NASDAQ:NVDA). What Happened: Rogers, who co-founded the Quantum Fund and Soros Fund...
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Short Seller Hedge Funds Rack Up $43B Loss In Recent Market Rally
Wednesday, November 22, 2023 - 1:15pm | 530The recent equity market rally, which has launched the S&P 500 on course for its best month since July 2022, squeezed hedge fund short sellers to the tune of $43 billion. Data collected by S3 Partners showed that hedge fund short-selling losses between Tuesday and Friday last week — following...
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ExxonMobil Overtakes Tesla In Becoming The Most Shorted Large-Cap Stock In S&P 500
Thursday, November 9, 2023 - 4:58am | 575In a surprising turn of events, ExxonMobil Corp (NYSE:XOM) has now overtaken Tesla Inc. (NASDAQ:TSLA) to become the most shorted large-cap stock in the S&P 500, according to a recent report by HazelTree. What Happened: Prior to last month, Tesla had held the title of being ...
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Jim Cramer Prefers Caution Despite Impressive Returns From 'The Enormous Eight' Led By Nvidia, Meta: 'Each One Set Up Like Bowling Pins'
Wednesday, November 1, 2023 - 8:12am | 825Mega-cap stocks have been going through volatility amid the market weakness seen in the past three months. What Happened: Charlie Bilello, chief market strategist of Creative Planning Investor, shared a post on X, regarding the total 2023 returns from eight mega-caps, which he labeled “The...
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Jim Cramer Dives Deep Into Nvidia's 'Really Incredible' Monday Surge: What Stock's Short Interest Looks Like Ahead Of Q2 Print
Tuesday, August 22, 2023 - 5:43am | 461Nvidia Corp. (NASDAQ:NVDA) shares rallied over 8% on Monday, thanks to positive analysts' commentaries concerning its second-quarter results due on Wednesday. The stock settled Monday's session up 8.47% at $469.67, according to Benzinga Pro data, taking the year-to-date gain to over 221%. What...
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Short Sellers Suffer $175B Loss As Nvidia, Tesla And Meta Soar Against Doomsayers Expectations
Thursday, August 10, 2023 - 12:25am | 437Short sellers have faced losses of over $175 billion due to an unforeseen tech stock surge, Business Insider reports. Driven by investor enthusiasm for AI, the tech sector witnessed a rally leading to $175.2 billion mark-to-market losses for short sellers this year, with July accounting for $53.5...
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If You Invested $1,000 In Tesla Stock When Bill Gates Shorted, Here's How Much You'd Have Now
Wednesday, July 5, 2023 - 2:27pm | 1125Over the years, the number of people betting against Tesla Inc (NASDAQ: TSLA) and Elon Musk has increased. Musk has been silencing many of his doubters since Tesla went public in June 2010, with the stock outperforming expectations. Intriguingly, one of the richest people in the world has been...