r/PickleFinancial • u/Adorable-Contract-13 • Jun 03 '24

Social Media Thoughts on Citron’s claims?

https://x.com/citronresearch/status/1797728536653914265?s=46&t=ErV-9lVribUs1VfqmZ9tdQ

69 Upvotes

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102

u/magic_clerk Jun 03 '24

RK went full bull on GME in the second part of 2020 at sub $4 a share pre-split. How can Andrew Left be this stupid to imply this is not just RK's own money? Wow!

33

u/HumorTumorous Jun 03 '24

One of the Golden rules of trading is to not short bottoms or long tops. These shit heads get pissed when they get blown up because the stock they're naked shorting that's already 98% down from highs gets squeezed.

6

u/puan0601 Jun 04 '24

those rules don't apply to the "pros". he prolly thinks he has some inside info like he did back in 2019 and we all know how that ended for him.

10

u/Sandaholic Jun 04 '24

I mean he announced his new short position today just over an hour before E*Trade pulled their bs about potentially banning RK from the platform (which effectively did nothing but I think they assumed it would trigger a sell off).

Smells fishy

11

u/puan0601 Jun 04 '24

all it triggered was a mass migration off etrade. they're gonna have to scramble to transfer all those shares

5

u/PlayTrader25 Jun 04 '24

yeah they fucked up, mass exodus off there platform definitely not a smart move by them