Markets

Citron’s Andrew Left says his firm covered most of its GameStop shorts at a 100% loss – and tells Reddit traders to pay taxes on their recent profits

Andrew Left said his Citron Capital fund covered most of its GameStop short positions at a 100% loss. The short-seller warned Reddit traders to pay taxes on their GameStop profits. The video-game retailer’s shares soared another 130% in pre-market trading on Wednesday. Sign up here for our daily newsletter, 10 […]
Citron’s Andrew Left says his firm covered most of its GameStop shorts at a 100% loss – and tells Reddit traders to pay taxes on their recent profits
Markets

GameStop skyrockets 55% as Reddit-fuelled rally enters 3rd week

GameStop soared as much as 55% on Monday as retail traders continued to defy short-sellers and boost shares higher. Day-traders and Reddit users have pushed GameStop’s extraordinary rally into its third week, cheering on its latest gains and urging each other to keep buying. Short-selling firm Citron Research warned shares […]
GameStop skyrockets 55% as Reddit-fuelled rally enters 3rd week
Markets

‘When it flushes, it’s going to flush hard’: Notorious short-seller Andrew Left explains why he’s betting against Tesla again — after saying he was done forever

Andrew Left, famed short-seller of Citron Research, is again shorting Tesla stock, he told MarketWatch Wednesday. Left’s comments come a day after Citron Research said in a Tweet that it had promised it wouldn’t short Tesla again, but “Even Elon would short the stock here.” “Whoever bought it at these […]
‘When it flushes, it’s going to flush hard’: Notorious short-seller Andrew Left explains why he’s betting against Tesla again — after saying he was done forever
Markets

Netflix investors are ‘as blind as Bird Box,’ Citron Research says

Netflix posted strong third-quarter earnings and subscriber growth on October 16, but shares tanked more than 36% over the following two months as the broader tech sector came under pressure. After bottoming at $US231.23 in late December, Netflix shares have surged by more than 45%. The company’s recent rebound is […]
Netflix investors are ‘as blind as Bird Box,’ Citron Research says
Markets

Short-seller Andrew Left’s Citron Research calls Twitter the ‘Harvey Weinstein of social media,’ says it will plunge more than 30%

Twitter is “toxic” for women, short-seller Andrew Left said Thursday. He called it “the Harvey Weinstein of social media.” Left cited a study from Amnesty International that claims Twitter fails to “effectively tackle violence and abuse on the platform,” undermining women’s mobilization for equality and justice. He says Twitter’s stock […]
Short-seller Andrew Left’s Citron Research calls Twitter the ‘Harvey Weinstein of social media,’ says it will plunge more than 30%
Markets

A famous short seller is considering starting a cannabis fund

Citron Research founder, Andrew Left said he’s considering creating a fund dedicated to the cannabis sector aimed at taking both long and short positions, BNN Bloomberg reported. The fund would begin with Canadian listed-pot companies and transition to more US based firms if they could be listed in US exchanges […]
A famous short seller is considering starting a cannabis fund