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Edwin Dorsey, Whitney Tilson Defend Andrew Left: 'Positive Force For Markets And The Pioneer Of The Activist Short Movement'
Tuesday, July 30, 2024 - 11:38am | 958Short seller Andrew Left is best known for being one of the prominent voices against video game retailer GameStop Corporation (NYSE:GME) during its short squeeze in 2021. The short seller now faces charges from the SEC in a case that could forever change how short reports are published. What...
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EXCLUSIVE: Tesla Shorts Were Profitable This Year Until Shareholders Approved Musk's Pay Package, Expert Says
Tuesday, July 2, 2024 - 4:51pm | 893Shares of Tesla Inc (NASDAQ:TSLA) soared on Tuesday after the company beat consensus estimates for second-quarter deliveries. The news could be good for investors and bad for short sellers. What Happened: Tesla continues to be a popular stock to short for investors, with some betting against a...
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Can Spike In Short Selling Act As 'Rocket Fuel' For XRP And Cardano? Here Is What This Analyst Firm Says
Thursday, June 20, 2024 - 12:18am | 611Investors increased their bearish bets on prominent cryptocurrencies such as XRP and Cardano Wednesday, raising the prospect of gains in the event of liquidation. What Happened: According to on-chain analytics firm Santiment, XRP and Cardano witnessed heavy shorting following a temporary bounce due...
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Hindenburg Research Targets Equinix In New Short Report Claiming Data Center Firm Is Selling 'AI Pipe Dream' (UPDATED)
Wednesday, March 20, 2024 - 3:29pm | 455Editor’s Note: The article has been updated to include Equinix’s response to the accusations made by Hindenburg Research. Short seller Hindenburg research has a new company in its crosshairs. What To Know: Hindenburg has targeted data center firm Equinix Inc (NASDAQ:EQIX) in a new...
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Are Palantir CEO's Cocaine Comments A 'Projection?' Legendary Short Sellers Clap Back At Critiques, Flag Insider Trade Data
Thursday, March 14, 2024 - 1:24pm | 601Palantir Technologies Inc (NYSE:PLTR) CEO Alex Karp slammed short sellers this week, claiming that short sellers have cocaine habits. Some big-time short sellers were quick to respond. “I love burning the short sellers. Almost nothing makes a human happier than taking the lines of cocaine...
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Short Seller Spruce Point Takes Aim At Zillow, Sees 40%-60% Downside In Stock
Tuesday, March 5, 2024 - 5:29pm | 554Zillow Group Inc (NASDAQ:Z) (NASDAQ:ZG) shares are facing selling pressure Tuesday after short seller Spruce Point Capital Management issued a bearish report on the real-estate platform company. Zillow’s Sinking Foundation: Spruce Point sees 40% to 60% long-term downside in Zillow shares as...
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Altimmune Stock Sinks As Kerrisdale Capital Announces Short Position: 'Obvious Dead End'
Tuesday, February 13, 2024 - 3:05pm | 651Altimmune, Inc (NASDAQ:ALT) shares are trading lower Tuesday after short-selling investment firm Kerrisdale Capital published a new research report on the stock and announced a short position. What To Know: Altimmune shares are up more than 250% over the last three months. The company reported...
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Star Shorts Carson Block And Nate Anderson Are Among SEC's Top Fraud Whistleblowers
Wednesday, November 15, 2023 - 2:55pm | 557An SEC whistleblower program aimed at helping the regulator detect fraud at public companies has attracted some high-profile tipsters among the short-selling community, including star names such as Carson Block and Nate Anderson. The program, established in 2011, pays whistleblowers around 10% of...
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Elon Musk Takes Swipe At Short Sellers As Anti-Tesla ETF Bites The Dust: 'Gluttons For Punishment'
Friday, August 11, 2023 - 10:24pm | 517Elon Musk reacted with a pointed taunt as an anti-Tesla Inc. (NASDAQ:TSLA) exchange-traded fund (ETF) shut down amid significant losses. What Happened: Responding to a Tesla enthusiast’s post on X, formerly known as Twitter, Musk targeted short-sellers who bet against his...
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Tesla Bears Burned: Shorts Lose Big During 11-Session Stock Surge
Monday, June 12, 2023 - 2:23am | 564Tesla, Inc. (NASDAQ:TSLA) shares have been on a dream run this year, having nearly doubled this year. After starting 2023 on a solid note and rallying through mid-February, the stock's upward momentum faltered slightly. Since the start of May, Tesla has found its mojo back, much to the delight of...
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Short Seller Says OSI Systems Is 'Rotten To The Core'
Wednesday, December 6, 2017 - 1:30pm | 682Notorious short seller and Muddy Waters Research Founder Carson Block has a new target: technology and medical supply company OSI Systems, Inc. (NASDAQ: OSIS). In a new short film posted on the company’s website, Short says OSI is “rotten to the core” and has been artificially...
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Musk Says Tesla Would Be More Efficient Off The Market — Here's Why That Makes Sense
Saturday, December 2, 2017 - 10:35am | 818The pressure of being answerable to multiple stakeholders and shareholders is apparently weighing on Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. Tesla might be better off as a private company, Musk said in a recent interview with Rolling Stone's Neil Strauss. "I wish we could be...
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Citron Calls Roku A 'Total Joke'
Tuesday, November 28, 2017 - 2:27pm | 527Notable short seller Citron Research Tweeted on Tuesday that Roku Inc (NASDAQ: ROKU) is a bubble that could move "much lower." What You Need To Know Citron cited RBC analyst Mark Mahaney, who has a $28 price target on Roku, and that Needham's Laura Martin's $50 price target is...
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JC Penney, Twilio Top The Hottest Stocks Among Short Sellers
Tuesday, May 16, 2017 - 4:41pm | 605FIS Astec Analytics has released its latest weekly report on the hottest stocks among short sellers from the previous week. Here's a look at last week's report, which includes many of the same names featured in the latest release. Top Pick: JC Penney Holding on to the top spot from last...
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Fr. Emmanuel Lemelson Gives Deep Insight Into His Domino's Short
Monday, April 17, 2017 - 1:59pm | 473Fr. Emmanuel Lemelson splits his time between the Greek Orthodox community and hedge fund executives. One of Lemelson's more notable calls as of late is his short thesis in Domino's Pizza, Inc. (NYSE: DPZ), which he believes is overvalued by more than $100 per share. Speaking during a charitable...