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Wednesday, January 27, 2021

GameStop's Rise Is 'Insane and Dangerous,' Says 'Big Short' Investor - Barron's

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A high-profile investor in GameStop called the stock’s recent rise, “unnatural, insane, and dangerous.”

Investor Michael Burry, head of Scion Asset Management and a major character in The Big Short book and film, said in a now-deleted post on Twitter that he believes there should be legal repercussions for what’s happening with GameStop trading. Burry made a substantial investment on GameStop in 2019 and noted that he’s happy for investors who made money following his initial investment in the retailer.

“If...

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"danger" - Google News
January 27, 2021 at 08:32AM
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GameStop's Rise Is 'Insane and Dangerous,' Says 'Big Short' Investor - Barron's
"danger" - Google News
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