Muddy Waters is short

[Intelligent_Investor]

Lmao this dude is a clown. Imagine shorting Microsoft or Amazon because its 18% overvalued based on what you think fair value should be. If I was an investor in his fund I'd be pulling capital right now because he obviously doesn't know how to manage money. Probably has a burner on r/WSB

[Gregmal]

48 minutes ago, Intelligent_Investor said:

Lmao this dude is a clown. Imagine shorting Microsoft or Amazon because its 18% overvalued based on what you think fair value should be. If I was an investor in his fund I'd be pulling capital right now because he obviously doesn't know how to manage money. Probably has a burner on r/WSB

Nah, its actually a very low risk scam-like operation. I'd be shocked if he is still materially short Fairfax. He closes substantial portions of his "shorts" within days of first going public as thats when you get maximum movement. Why wait for fundamentals to prove you right or (likely) wrong?

Edited April 10 by Gregmal

[Crip1]

11 minutes ago, Gregmal said:

Nah, its actually a very low risk scam-like operation. I'd be shocked if he is still materially short Fairfax. He closes substantial portions of his "shorts" within days of first going public as thats when you get maximum movement. Why wait for fundamentals to prove you right or (likely) wrong?

 

Not 100% sure of that. The video of "Help me dig up dirt" suggests more than a short-term short and distort deal, but it may be a matter of "Hey, we orchestrated a 10% drop last time, let's try it again"...the "cost" was a 2 minute video which, clearly, isn't much.

 

-Crip

[MMM20]

https://east72.com.au/wp-content/uploads/2024/04/E72DT-Quarterly-Report-March-2024.pdf