Short seller Citron throws in the towel on GME citing irrational investors. - The Great Awakening

Short seller Citron throws in the towel on GME citing irrational investors. (www.cryptoglobe.com)

posted 152 days ago by propertyofUniverse 152 days ago by propertyofUniverse +80 / -1

GameStop (GME) Short Seller Citron Throws in the Towel Citing ‘Market’s Irrationality’

Citron Research, a prominent short seller known for its bearish position on meme stock GameStop (GME), has revealed it exited its short position on the company’s shares as it noted it respects the “market’s irrationality.”

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▲ 12 ▼

– propertyofUniverse [S] 12 points 152 days ago +12 / -0

Looks like the apes broke a Hedgie outfit today.

https://www.cryptoglobe.com/latest/2024/06/gamestop-gme-short-seller-citron-throws-in-the-towel-citing-markets-irrationality/

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▲ 10 ▼

– Pbman2 10 points 152 days ago +10 / -0

One down, 50 to go.

I'm guessing.

Still it's a great sign.

If the price dips tomorrow, I will raid my gun safe for cash and buy more.

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▲ 7 ▼

– propertyofUniverse [S] 7 points 152 days ago +7 / -0

It's got to make them nervous to see others heading for the limited lifeboats.

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▲ 6 ▼

– Pbman2 6 points 152 days ago +6 / -0

Yes, first ones out live to crime another day.

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▲ 2 ▼

– LoneWulf 2 points 152 days ago +2 / -0

https://www.youtube.com/watch?v=xFvcUjgCOuQ

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