Ihor Dusaniwsky
@ihors3
Naked Shorting – not a real thing in the U.S. market although it is talked about but rarely seen like Bigfoot, humble politicians and diet fried chicken.
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Ihor Dusaniwsky
@ihors3
Naked Shorting – not a real thing in the U.S. market although it is talked about but rarely seen like Bigfoot, humble politicians and diet fried chicken.
Quote Tweet
Ihor Dusanisky
Anything that is “fully paid for”, like a 401k, is automatically segregated by your broker & can’t be touched. It is a very big no-no for those shares to be used & when a broker gets their annual rectal exam by the authorities it is one of the first things the examiners check for
Robert David Steele
Ihor, nice in theory but the reality is that brokers ALWAYS borrow cash account shares to cover naked shorts, i.e. shares sold long that they don’t own or have not legally borrowed. @PatrickByrne https://stopnakedshortselling.org
#Wirecard WDI GR short int is $2.88BN; 29.83MM shs shorted; 25.97% of float; 4.00% borrow fee. Shs shorted up +3.34MM shs,+12.62%,over last 30 days as price fell -12.7% & up 3.91MM shs,+15.1%,last week.Shorts up +$604MM in 2020 mark-to-market profits;+$47MM on today's -1.63% move pic.twitter.com/p9VEp9EEl2
— Ihor Dusaniwsky (@ihors3) May 5, 2020
Tesla short-sellers take record losses in battle with Elon Musk
Richard Henderson
Irish Times, 3 February 2020
Investors betting against Tesla suffered record losses of $5.8 billion (€5.2 billion) in January after the stock hit a new high, marking a win for chief executive Elon Musk in a long-running battle with short-sellers.
Mr Musk’s testy sparring online with notable short-sellers, including David Einhorn of Greenlight Capital, has become one of the fiercest rivalries in capital markets.
Berkshire Hathaway Bet Big on Dialysis Giant DaVita. Jim Chanos Thinks It’s a Scam.
Christine Idzelis, Institutional Investor, 4 December 2019
DaVita provides life-extending dialysis treatment to more than 200,000 patients. But is it gaming the system through questionable donations to the American Kidney Fund?
Comment: Chanos is calling DVA a fraud. Stock was $59 it fell to $53. Then it went to $115. NICE WORK. Buffet too big to cheat?