Year: 2021
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Investors in AMC Entertainment Holdings, Inc. have long tried to draw attention to the possibility of illegal naked short selling in the company’s shares. One common sign of naked short selling is “fails to deliver,” or trades that are not closed out. So I found it interesting that AMC has…
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China’s government has launched a severe crackdown on its leading tech companies. Didi Chuxing, the equivalent of Uber, has been removed from app stores and ed tech companies are now required to be nonprofit, likely wiping out their investors. A major index of Chinese tech stocks is down over 40%…
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In southern China near the border with Laos, there is a mine. To this day, it is heavily guarded by the Chinese government. Any journalist who tries to visit is detained. Inside the mine: the possible origin of the COVID pandemic. Scientists identified the animal that first transmitted the original…
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I first passed it about two years ago. The sight of towering, beautifully crafted cakes stopped my wife and I cold. Of course, we had to go inside. Posh Pop Bakeshop sits on a quiet block of Bleecker Street in New York City’s West Village. It specializes in dessert bars…
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A major feature of the run-up in stocks like AMC has been a battle between short selling hedge funds and bullish retail investors. The small investors have often sensed they’re not being treated fairly. And when it comes to margin calls, it turns out they’re quite right. A margin call…
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As it prepares to IPO this week, Robinhood Markets, Inc. is facing several class action lawsuits from its users. Inside those lawsuits, an explosive claim: High level executives and employees of Robinhood and Citadel Securities were in contact around the time Robinhood restricted trades, according to the complaint. This lawsuit…
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We all know The Sopranos is the greatest television show of all time. And yes, I’m a little obsessed. So when I had the opportunity to the attend Sopranoscon on Saturday in Atlantic City, NJ, I had to do it! The best part about the convention was seeing the show…
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I’ve been an huge Sopranos fan for many years. I’ve seen every episode at least 5 times. So when I got the opportunity to attend Sopranoscon this Saturday in Atlantic City, NJ, I was so excited! As I came to the head of a long line of Sopranos fans, many…
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On a quiet side street in Union City, NJ is a small storefront. Inside: some of the best Mexican food in the country. La Piedra del Sol is run by a lovely family from Oaxaca, Mexico, a region known for its cuisine. While we often think of California or Texas…
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Melvin Capital, among other hedge funds, has taken severe losses on bad bets in AMC, GameStop and others. They are now down by almost half: Melvin Capital Management, which lost more than $6 billion in January, is now down 46% for the year through June, the fund recently told investors.…
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+ Business+ AMC, Finance, Gamestop, Hedge funds, Investing, Money, Personal finance, Reddit, Stock Market, Stocks, Wallstreetbets+
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Tremendous 