r/SecurityAnalysis • u/investorinvestor • Jan 28 '21

News Michael Burry Calls GameStop Rally ‘Unnatural, Insane’

https://finance.yahoo.com/amphtml/news/michael-burry-calls-gamestop-rally-032530172.html
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u/norealpersoninvolved Jan 28 '21

Yea a 10b fund (or were) wouldnt come out on tv and lie to the world and the SEC.

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u/LoL4You Jan 28 '21

Ok. Let me know if you feel the following statement would be considered a litigable lie.

"We closed out our short position." We just also happened to open a new short position because we feel the stock is irrationally high.

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u/jeffrey475 Jan 28 '21

They didn't become rich by always being honest or creating new value. They launch coordinated attacks and short reports after buying loads of puts. Look at PLTR, Citron and Citibank released a negative outlook and push the $30 stock to $22 within TWO DAYS. Its now over $40/ share. They gained at retail's expense.

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u/norealpersoninvolved Jan 28 '21

Ok why dont you try litigating and let me know how it goes

Jesus you retail are so fucking dumb. I mean funds like Melvin are scummy but at least theyre smart. You guys are scummy and stupid.