Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: bull_dozer who wrote (167605)	1/26/2021 11:50:33 PM
From: twmoore	Read Replies (1) \| Respond to of 217781

Why don't governments all over the world require the virus manufacturers to license their vaccines to all companies that are able to produce them??? There would quickly be enough vaccines for all countries!!!

To: bull_dozer who wrote (167605)	1/27/2021 1:13:09 AM
From: TobagoJack	Respond to of 217781

... the formerly long’s are miffed that they are no longer long :0) bloomberg.com Michael Burry Calls GameStop Rally ‘Unnatural, Insane’ Heejin Kimupdated 3 hours ago Michael Burry’s bullish stance on GameStop Corp. in 2019 helped lay the foundations for one of the biggest retail investor frenzies in recent memory. Now the famed fund manager is warning that GameStop’s manic rally has gotten out of hand. “If I put $GME on your radar, and you did well, I’m genuinely happy for you,” Burry, best known for his prescient bet against mortgage securities before the 2008 financial crisis, said in a tweet on Tuesday. “However, what is going on now – there should be legal and regulatory repercussions. This is unnatural, insane, and dangerous.” Photographer: Astrid Stawiarz/Getty Images Read more: How WallStreetBets Pushed GameStop Shares to the Moon Burry is “neither long nor short” GameStop, he said in a brief emailed response to questions from Bloomberg on Tuesday. His investment firm owned a 2.4% stake as of Sept. 30 after paring its holdings in the third quarter, according to regulatory filings compiled by Bloomberg. Burry, who became a household name after his mortgage trade was featured in “ The Big Short,” helped draw attention to GameStop as early as mid-2019, when his Scion Asset Management unveiled a 3.3% stake in the beleaguered video-game retailer and urged the company to buy back shares. His position has been cited by some of the traders who’ve flooded online forums in recent weeks with posts imploring their fellow punters to buy. If I put $GME on your radar, and you did well, I’m genuinely happy for you. However, what is going on now – there should be legal and regulatory repercussions. This is unnatural, insane, and dangerous. @SEC_Enforcement — Cassandra (@michaeljburry) January 27, 2021 GameStop’s 642% surge since Jan. 12, plus another 41% gain in after-hours trading on Tuesday, has captivated Wall Street, drawn a tweet from Elon Musk and stymied short sellers including Gabe Plotkin’s Melvin Capital and Andrew Left’s Citron Research. It has also spurred calls for a Securities and Exchange Commission investigation, though experts say it’s difficult to prove chat-room posts are part of an illicit scheme to manipulate the market. (Updates with Burry comment in third paragraph.) Sent from my iPhone