Tag: Money
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Never miss a post…subscribe! This weekend, I burrowed into the couch and turned on WeCrashed, the fascinating new series on WeWork’s rise and fall. I’m actually in an upcoming episode as an extra; more on that in another post. 🙂 Jared Leto’s energy and Anne Hathaway’s icy poise make for…
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Never miss a post…subscribe! You walk into an elevator. As the doors close, Doug Leone of Sequoia steps in. Suddenly, a lump appears in your throat. Your palms sweat. This is your moment. Last night, I went to a fascinating pitch event at a startup accelerator in New York City.…
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Never miss a post…subscribe! Firings at Citadel LLC’s Surveyor Capital unit occurred at almost the same time as federal subpoenas and search warrants were executed in a probe of short sellers. A report from Institutional Investor today notes that subpoenas and search warrants in the case were issued in October…
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Never miss a post…subscribe! Last October, Citadel LLC’s Surveyor Capital unit suddenly fired several portfolio managers at once. In the preceding five months, half of Surveyor’s portfolio managers had either been fired or resigned. In May, Todd Barker, the head of Surveyor Capital himself, departed after 16 years at the…
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+ Business+ AMC, Citadel, Finance, Gamestop, Hedge funds, Investing, Money, Reddit, Stock Market, Stocks, Wallstreetbets+
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Never miss a post…subscribe! Citadel LLC CEO Kenneth Griffin made $2.5 billion in 2021. That was enough to give him third place among hedge fund managers in the list just released by Institutional Investor. For Griffin, its unclear how long the good times will last. His firm is under federal…
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+ Business+ AMC, Citadel, Finance, Gamestop, Hedge funds, Investing, Ken Griffin, Money, Reddit, Stock Market, Stocks, Wallstreetbets+
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Never miss a post…subscribe! You don’t need me to tell you that oil and gas prices are through the roof these days. Gas stations are changing numbers faster than slot machines. And the explosion in prices is sowing fear in the stock market. But I think this huge spike in…
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Never miss a post…subscribe! A new proposed rule by the Securities and Exchange Commission could make creating short squeezes much easier. The proposed rule would require reporting of large short positions. From The National Law Review: Under Proposed Rule 13f-2, managers would be required to report on a monthly basis…
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Never miss a post….subscribe! Yandex NV dominates the Russian market, with a majority of all Russians visiting its platforms every month. It offers the nation’s most popular search engine, an e-commerce portal, and even ride sharing. But now Russia’s premiere tech company’s days may be numbered. Yandex’s stock is down…
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Never miss a post…subscribe! Fails to deliver in shares of GameStop Corp. nearly doubled in the latest report from the SEC. Shares that failed to clear numbered over 43,000 by February 14th, the end of the reporting period. That is up from 24,000 at the end of the prior period,…
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Never miss a post…subscribe! Fails to deliver in shares of AMC Entertainment Holdings, Inc. surged in February, reaching over 500,000 in the latest data released yesterday by the SEC. This compares to nearly 200,000 shares that failed to clear in the last report two weeks ago, itself a very high…