Billionaire Investor Carl Icahn Bets Against GameStop
Billionaire investor Carl Icahn began shorting GameStop during the height of the ‘meme stock’ frenzy around January of 2021. Carl Icahn still holds a large short position in GME stock, according to people familiar with the matter. Icahn…
AMC Surges +48% in The Past 5 Trading Days
Why is AMC surging? The movie theatre chain stock has surged more than +48% in the past 5 trading days. The stock is up more than +30% since our last ‘buy’ signal on the blog back in late October. And should you buy AMC stock today?…
Crypto is Collapsing: Should You Take Your Money Out?
Crypto is collapsing and it’s been a very tough year for cryptocurrency holders as exchanges face the possibility of bankruptcy. BlockFi is preparing for potential bankruptcy after halting withdrawals of customer deposits and acknowledging it has…
Is Now the Time to Buy or Sell in The Market?
The markets seem to be nowhere near a bounce as both stocks and crypto freefall; is now the time to buy or sell in the market? If you’re part of the small percentage that’s in profit, maybe liquidating has come through your mind. Especially…
Credit Suisse Warns Investors of Naked Short Covering
The SEC released Credit Suisse’s 6-K filing where the bank warns investors of potential losses due to naked short covering, more on that below. Credit Suisse (CS) took a massive hit of $4.09 billion in Q3 and hints at occurring losses in an upturn…
