Short squeezes are more common in stocks that have. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. According to S3 Partners CEO Bob Sloan, a short squeeze in GME was inevitable if the stock crossed the 30 mark, which happened on Monday. Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. The typical short squeeze lasts one or perhaps two days, with the major price spikes often happening overnight. He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law. The GameStop short squeeze has now lasted far longer than we might expect. He is best known as the author of the #1 new release in Amazon’s Business and Finance The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (), Quantitative Value: A Practitioner’s Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (), and Concentrated Investing: Strategies of the World’s Greatest Concentrated Value Investors (2016) (). GameStop (NYSE: GME), the brick-and-mortar retailer selling video games, gaming merchandise, and consumer electronics, was a prime target for short-sellers. Over the duration of the GME short squeeze, hedge funds lost around 70 billion on short positions spread over dozens of other stocks. Tobias Carlisle is the founder of The Acquirer’s Multiple®, and Acquirers Funds®. We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success. 27, 2021: Major short sellers close - at a significant loss Citron Capital and Melvin Capital, two firms shorting GameStop stock that were referenced heavily in the r/wallstreetbets forum, said on Tuesday that they were closing their positions. A logo of GameStop seen in Stephens Green Shopping Centre in Dublin. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations. It nearly bankrupted one hedge fund, Melvin Capital, and caused huge losses at. See our latest episodes at ĭonate to the FinTwit Value vs Growth War here (it's for a good cause-The American Foundation for Suicide Prevention): Ībout Jake: Jake is a partner at Farnam Street.Ībout Bill: Bill runs Sullimar Capital Group, a family investment firm. Yes, the original trade that sent GME stock soaring back in January looks like a well-executed short squeeze. On January 25, they injected roughly 2.75 billion into Melvin Capital to potentially help stabilize a short position on GME. Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, Bill Brewster and Jake Taylor.
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