Sci_n possibly experienced 1380% surge in <4 months by shorts again - #stocks chatter

0
230

Sci_n possibly experienced 1380% surge in <4 months by shorts again
*" In early 2021, it was reported that Burry, who began investing significantly in Gam\*e\_St&o)p stock starting in 2019, had been one of the most successful investors involved in the Gam\*e\_St&o)p Short sQ(#e. Burry, through his investment company Scion, owned around 3 million shares in GameStop before he began selling off gradually starting in March of 2020. As of late September 2020, Burry and Scio\*n owned 1.7 million shares, then valued at $17 million; meaning that as of February 2, 2021, they had profited by over $240 million after the company’s stock experienced a 1,380% surge in value in less than 4 months."*

Source: ***Mohamed, Theron,*** *B*[ig Short' investor Michael Burry made a 1,500% gain on GameStop during its Reddit-fueled rally, Business Insider (February 2, 2021](https://markets.businessinsider.com/news/stocks/big-short-michael-burry-1500-percent-gain-gamestop-stake-2021-1-1030004676)).
https://www.reddit.com/r/StockMarket/comments/ljgeu1/sci_n_possibly_experienced_1380_surge_in_4_months/

LEAVE A REPLY

Please enter your comment!
Please enter your name here

nineteen − thirteen =

Leave the field below empty!

This site uses Akismet to reduce spam. Learn how your comment data is processed.