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Short Seller Andrew Left Targets MicroStrategy Stock As Hedge Against Bullish Bitcoin Bet: 'Completely Detached From BTC Fundamentals'
Thursday, November 21, 2024 - 12:55pm | 523Read More...Citron Research’s Andrew Left believes the run in shares of MicroStrategy Inc (NASDAQ:MSTR) is not going to end well in the near term, and he’s putting his money where his mouth is. What To Know: Left on Thursday announced a new short position in software firm turned Bitcoin (CRYPTO:...
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How Elon Musk May Have Just Reignited His War With The SEC
Thursday, April 7, 2022 - 4:39pm | 876Read More...The latest clash in the long history of drama between Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and the U.S. Securities and Exchange Commision may soon play out over Musk's recent investment in Twitter Inc (NYSE: TWTR). Filing Error? On Monday morning, Musk disclosed a 9.2% stake in Twitter via a...
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Elon Musk's Twitter Stake Sends Stock On Relentless Move Higher: Is Activist Investing Next?
Monday, April 4, 2022 - 3:17pm | 654Read More...As traders saw Monday in the premarket price action and strong follow in shares of Twitter Inc. (NYSE: TWTR), SEC filings can have a major impact on price action. With respect to a new stake by Elon Musk of 9.8% in the social media stock, investors are trying to anticipate his next move with the...
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Why This Investor Is Betting Against Donald Trump, Cathie Wood And Elon Musk Right Now
Monday, April 4, 2022 - 12:30pm | 925Read More...Just a few days into April, a popular investor known for sharing his short ideas has already taken on Donald Trump, Cathie Wood and now Elon Musk with short bets and callouts. What Happened: Seabreeze Partners Manager and Real Money Pro Contributor Doug Kass announced Monday morning...
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Why Doug Kass Says ARK Invest Unwind A 'Bona Fide Market Risk Now'
Tuesday, February 23, 2021 - 4:24pm | 630Read More...Growth stocks got crushed in early trading on Tuesday, sending shares of the ARK Innovation ETF (NYSE: ARKK) down nearly 12% at one point before the market stabilized. Yet the ARKK fund is now down more than 14% from its February high in less than two weeks, and Seabreeze Partners Management...
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Analyst: S&P Passed On Tesla Because It's 'Profoundly Overvalued'
Thursday, September 10, 2020 - 1:30pm | 569Read More...Tesla Inc (NASDAQ: TSLA) shares recovered more of their losses on Thursday after the stock logged its worst day in history to open the week. Tesla shares dropped more than 21% on Tuesday due to S&P passing on including Tesla in the S&P 500 index, a decision that has triggered mixed...
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'Nothing Short Of Stupid,' Hedge Fund Manager Says Of Post-Split Gains In Apple And Tesla
Tuesday, September 1, 2020 - 1:40pm | 569Read More...Apple Inc. (NASDAQ: AAPL) shares are up 6.1% and Tesla Inc (NASDAQ: TSLA) shares have gained 10% this week after both companies implemented stock splits starting on Monday. The big post-split gains have many market experts scratching their heads, especially considering investors have known the...
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Is Tesla Stock The 'Largest Single Bubble' In History?
Wednesday, August 26, 2020 - 6:00pm | 741Read More...Tesla Inc (NASDAQ: TSLA) gained another 6.4% to hit new all-time highs on Wednesday, once again without any major news from the company. Tesla has plenty of skeptics with the stock up 900% in the past year despite reporting a 4.9% drop in revenue last quarter. Seabreeze Partners Management...
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Is Now The Time To Short Tesla's Stock?
Friday, July 24, 2020 - 1:35pm | 486Read More...Tesla Inc (NASDAQ: TSLA) shares took another big hit on Friday and are now down 9.8% since the company reported second-quarter earnings on Wednesday. The sell-off has eased some pressure of a short squeeze in the stock that has endured throughout 2020, and some traders are speculating now may...
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13 Reasons COVID-19 Could Weigh On The Stock Market 'For Several Years'
Wednesday, July 8, 2020 - 4:30pm | 623Read More...The SPDR S&P 500 ETF Trust (NYSE: SPY) has come roaring back in recent months, gaining more than 40% from its March lows on expectations that the economy will bounce back from the COVID-19 shutdowns in the second half of 2020 and into 2021. Unfortunately for investors, Seabreeze Partners...
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Teslamania Runs Wild! Now What?
Thursday, February 6, 2020 - 4:01pm | 1276Read More...Tesla Inc (NASDAQ: TSLA) has been running in insanity mode this week. Shares dropped more than 17% on Wednesday, the stock’s second worst day in history. The sell-off came just two days after the stock hit an all-time intra-day high of $961.86 and gained 19.9%, its single best day in more...
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It Looks Like Somebody Is Slowly Accumulating A Massive Stake In CSX
Thursday, January 19, 2017 - 11:14am | 755Read More...Traders watching CSX Corporation (NASDAQ: CSX) in Wednesday’s after-hours session and Thursday’s premarket have been in for a crazy ride. Shares of the railroad company are up more than 20 percent to $43 Thursday morning, and the dramatic overnight move has many scratching their...
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Caterpillar CEO Comes Under Fire Amid Reductions, Tough Industrial Markets
Wednesday, July 27, 2016 - 3:53pm | 345Read More...Caterpillar Inc. (NYSE: CAT) shares are up more than 5 percent this week after the company slashed its full-year guidance and announced yet another round of job cuts. Caterpillar is now expecting to earn $3.55 per share in 2016 compared to previous guidance of $3.70. Doug Kass, president of...
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Doug Kass: Avoid Stocks
Tuesday, March 29, 2016 - 1:50pm | 304Read More...Seabreeze Partners Management's Doug Kass has recommended that investors avoid stocks, as he believes "the rising stock prices that we're seeing are just a 'bear-market rally' rather than a new bull-market leg." "Recession concerns have disappeared as the Federal Reserve delayed anticipated rate...
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Apple Has Three More 'Miss-And-Lower' Quarters To Go, Whitney Tilson Warns
Wednesday, January 27, 2016 - 4:42pm | 561Read More...On an aggregate scale, Apple Inc. (NASDAQ: AAPL) is consistently a favorite in the hedge fund industry. The company's track record, shareholder-friendly actions of late and cheap valuation metrics makes it an easy pick for a money manager with assets to invest. Kase Capital Management's...














