Home » Business » Well-known short citron: no short selling report will be released in the future and will focus on long-term investment | Anue juheng-US stocks

Well-known short citron: no short selling report will be released in the future and will focus on long-term investment | Anue juheng-US stocks

Recently, Wall Street continues to perform short-selling market. When the retail offensive is fierce, the well-known short-selling institution Citron Research suddenly announced that it will no longer publish short-selling reports. In the future, it will be changed to retail investors looking for long-term investment opportunities.

The founder of Citron Research, Andrew Left, announced through a Youtube video on Friday (29th) that from now on, Citron will end its 20-year short-selling research and no longer release short-selling reports. The goal is to find long-term investment opportunities for retail investors.

Left said: “More than 20 years ago, I founded Citron to protect individuals from Wall Street, fraud and stock promotions. The original intention of starting Citron was to fight against the system, but in fact we became one of them.”

Citron said last week that GameStop (GME-US) The stock price is only worth 20 USD, Will not go up, and call the buyer who bought the stock the victim of the poker table.

The above remarks aroused dissatisfaction among the villagers, and immediately detonated the subsequent crazy short-selling, which reduced GameStop’s stock price from the original 40 USD, The highest rises to over 400 USD, Forcing a number of hedge funds that are bearish on the stock to liquidate their positions and admit their losses.


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