Access here alternative investment news about In The ‘reddit Vs Wall Street’ Battle, Muddy Waters Sees A Smokescreen Of Internecine Warfare Between Hedge Funds | South China Morning Post
Hedge Funds

In The ‘reddit Vs Wall Street’ Battle, Muddy Waters Sees A Smokescreen Of Internecine Warfare Between Hedge Funds | South China Morning Post

by scmp.com posted 1month ago 211 views
Carson Block, the activist short-seller famous for targeting Chinese frauds, recognises familiar behaviour in the rally of shares such as GameStop. To him, the parabolic moves look less like the product of Reddit-driven retail orders than a short squeeze by hedge funds targeting other hedge funds.“I’ve wondered, is there coordination with these hedge funds?” Block said in an interview on Bloomberg Television. “What constitutes coordination? Did they cross the line? That could be interesting…

In this article