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/biz/ - Business & Finance


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File: 69 KB, 1200x675, us-GME-scion-asset-management-llc.png [View same] [iqdb] [saucenao] [google]
27203591 No.27203591 [Reply] [Original]

https://fintel.io/so/us/gme/scion-asset-management-llc

Michael Burry has been playing 4D chess this entire time.

>> No.27204059

>>27203591
Oh shit, good find

>> No.27204518

At least make an infographic thats easy to understand

>> No.27204763

>>27204518
Do you want him to make it in to a Dr Seuss book for you? Just read the axes labels you absolute retard.

>> No.27204821

>>27204518
typical brain dead redditor

>> No.27205506

>Burry’s hedge fund Scion Asset Management disclosed it bought 5.3% of ailing video game retailer GameStop at between $2 and $4.2 a share, spending about $15 million in total. Burry’s play was to urge GameStop to use its cash to buy back stock, potentially retiring about half of its shares outstanding. In a sharply worded letter to GameStop’s board of directors, Burry called for the company to exhaust its $300 million buyback authorization. At the time of his letter GameStop’s entire market cap was just $300 million.

This is what started the domino effect.

>> No.27205583

>>27205506
roaringkitty saw it before him

>> No.27205618

how can he keep on getting away with it?

>> No.27205702

Okay but why did the green bars disappear at the end? Did he sell or is the graph just incomplete

>> No.27205808

>>27203591
Come on, not only since The Big Short it's patently obvious that whereever Dr. Burry shows up, hilarity ensues. He's weaponized autism and nearly burned the global economy once.

>> No.27205886

LOL, you really think it was retail this whole time? No fren, it's big boys fucking each other then will blame retails.

>> No.27205940

>>27205702
he sold
who's bags do you think you morons are holding? institutions make up 80% of the purchased shares right now

>> No.27206133

>>27205940
>>27203591
this kike needs a bullet to the back of the dome if you ask me