“Big Short” Trader Danny Moses Reveals Short Position on GameStop Stock The famed trader called Ryan Cohen a “bad trader” and pointed out the reasons for his bearish thesis on GameStop.

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by Dismal-Jellyfish

Source:

https://twitter.com/CNBCFastMoney/status/1681423000405692416

https://www.thestreet.com/memestocks/gme/big-short-trader-danny-moses-reveals-short-position-on-gamestop-stock

TLDRS:

  • Danny Moses, recognized for his part in “The Big Short,” disclosed that he holds put options on GameStop.
  • He expressed concerns about GameStop’s financial health, emphasizing its declining cash reserves and anticipated annual losses, while also challenging its $7 billion market valuation.
  • Hints RC is a ‘bad trader’ for his GameStop buy prices.
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