Here We Go Again: AMC Pops After Fund Manager Crispin Odey Reported To Be Short

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Here We Go Again: AMC Pops After Fund Manager Crispin Odey Reported To Be Short

zerohedge2021-08-05

(Update: August 5, 2021 at 11:22 a.m. ET) Permabear Crispin Odey has seen enough of the meme stock madness, and has officially pushed his chips in short on AMC Entertainment, according to a new report...

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HHLim
·2021-08-10
Like
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1
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sdnahdnomaid
·2021-08-09
Great. like comment pls
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Mml
·2021-08-08
Informative
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燃烧吧我的小宇宙
·2021-08-06
Like comment
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4
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NatYong
·2021-08-06
[思考] [思考] [思考] The fund is getting the better of retail traders. [疑問] [疑問] [疑問]
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NatYong
·2021-08-06
[疑問] The fund is getting the better of retail traders. [思考] [思考] [思考]
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1
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Eugenewml
·2021-08-06
Buckle up bois!!
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3
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sickeninglim
·2021-08-06
Wow......
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1
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Pangabui
·2021-08-06
[微笑] [微笑] [微笑]
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1
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PhilipGoh
·2021-08-06
Good coming back [開心]
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JaiVenky
·2021-08-06
Nice!
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2
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sugizoi4u
·2021-08-06
Apes will never sell until MOASS. HODL!
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4
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- Jo5tarz:
  To the Moon! ?Nation!
  2021-08-06
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Chris68
·2021-08-06
Hanbury's funds are up 3.7% as a result - at least for now...thanks for doing that it gives retail investors to buy more share at the dip. May we know How many AMC shares did you FTD them? Not sure if your up 3.7% will enough to cover before T+35?
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Bernard
·2021-08-06
I tot this is Wendy's
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5
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Kindryl
·2021-08-06
Has Ape lost ?
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- sugizoi4u:
  Nope
  2021-08-06
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Flame648
·2021-08-06
Lol, you're next to go Crispin Odey. ? We're not selling! ??
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ARIESan
·2021-08-06
Fly fly fly ?
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Mm101
·2021-08-06
Nice
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- Mm101:
  Cchh
  2021-09-15
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- Mm101:
  03
  2021-09-15
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- Mm101:
  Buy
  2021-09-15
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Renovartio
·2021-08-06
Hahahaaa bet against us la! Friday coming boys. Monday 9th aug, earnings coming out. Who belives in good news!
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ilovekirby
·2021-08-06
I wonder who is really the one manipulating the stock. How can it be retail investors? What a joke.“AMC stock has mostly exploded higher as a result of misguided interest from a group of retail traders who believe that manipulating the price of the security higher will create an infinite short squeeze that some traders hope will eventually value the company in the hundreds of billions of dollars.”
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- Chris68:
  Nice
  2021-08-06
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In response to the news, the stock has pared its pre-market losses on Thursday morning and is now up over 6%.\n\nPrior to Odey announcing his short, the stock had been down 5 straight days, losing about 23% in value, Bloomberg noted this morning.\nLondon based Odey manages about $4.1 billion and \"recently\" took the short position in the name, according to a report Thursday morning bythe Financial Times. The position was taken in a portfolio run by James Hanbury, who manages about $1.5 billion across his funds.\nHanbury told his investors that that meme stock mania has “created some major distortions” and some “compelling short opportunities”.And while we're certain he's right, timing is going to be everything with this bet.\nAMC stock has mostly exploded higher as a result of misguided interest from a group of retail traders who believe that manipulating the price of the security higher will create an infinite short squeeze that some traders hope will eventually value the company in the hundreds of billions of dollars. Intense retail interest, and the ensuing call buying in the name has driven its price from a 52 week low of $1.92 to as high as $72 over the last year. These are likely the \"distortions\" Odey is talking about.\nAnd while in principle Odey is 100% right, meme stock traders have already claimed the heads of several hedge fund managers, including Melvin Capital's Gabe Plotkin, who was run over by the initial GameStop frenzy.\nIn fact, FT notes that some \"retail investors appeared to be directly targeting hedge funds with large short positions\". Odey could be adding his name to the list with the announcement of his new position. For now, the fund is getting the better of retail traders. The position has already been \"one of his biggest winners, according to an investor letter, making money in July as AMC’s shares have dropped from nearly $57 to $37 by the end of the month.\"\nHanbury's funds are up 3.7% as a result - at least for now...","kind":null,"is_publish_news":false,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":896160013,"gmtCreate":1628561945632,"gmtModify":1703508151964,"author":{"id":"3581998759859179","authorId":"3581998759859179","authorIdStr":"3581998759859179","name":"HHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581998759859179"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896160013","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":898645665,"gmtCreate":1628496660557,"gmtModify":1703507063126,"author":{"id":"3555206078946362","authorId":"3555206078946362","authorIdStr":"3555206078946362","name":"sdnahdnomaid","avatar":"https://static.tigerbbs.com/df61ae25a174b9e584f650bb47f16ad4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3555206078946362"},"htmlText":"Great. like comment pls","listText":"Great. like comment pls","text":"Great. like comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/898645665","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":891546947,"gmtCreate":1628403914589,"gmtModify":1703505938193,"author":{"id":"3584863771682470","authorId":"3584863771682470","authorIdStr":"3584863771682470","name":"Mml","avatar":"https://static.tigerbbs.com/f24c9f80edf3964f1c5ee7b551e05463","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3584863771682470"},"htmlText":"Informative&nbsp;","listText":"Informative&nbsp;","text":"Informative","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/891546947","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":893853339,"gmtCreate":1628256650421,"gmtModify":1703504068422,"author":{"id":"3577973342242790","authorId":"3577973342242790","authorIdStr":"3577973342242790","name":"燃烧吧我的小宇宙","avatar":"https://static.tigerbbs.com/f355f30467c97ea6ebb736238d0d3c62","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577973342242790"},"htmlText":"Like comment","listText":"Like comment","text":"Like comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893853339","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":893868876,"gmtCreate":1628255606995,"gmtModify":1703504042390,"author":{"id":"3580207321438450","authorId":"3580207321438450","authorIdStr":"3580207321438450","name":"NatYong","avatar":"https://static.tigerbbs.com/62b1fa39b2974271d1c06e208f7b3571","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3580207321438450"},"htmlText":"[思考]&nbsp;[思考]&nbsp;[思考]&nbsp;The fund is getting the better of retail traders.&nbsp;[疑問]&nbsp;[疑問]&nbsp;[疑問]&nbsp;","listText":"[思考]&nbsp;[思考]&nbsp;[思考]&nbsp;The fund is getting the better of retail traders.&nbsp;[疑問]&nbsp;[疑問]&nbsp;[疑問]&nbsp;","text":"[思考] [思考] [思考] The fund is getting the better of retail traders. [疑問] [疑問] [疑問]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893868876","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":893861495,"gmtCreate":1628255577117,"gmtModify":1703504041732,"author":{"id":"3580207321438450","authorId":"3580207321438450","authorIdStr":"3580207321438450","name":"NatYong","avatar":"https://static.tigerbbs.com/62b1fa39b2974271d1c06e208f7b3571","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3580207321438450"},"htmlText":"[疑問]&nbsp;The fund is getting the better of retail traders.&nbsp;[思考]&nbsp;[思考]&nbsp;[思考]&nbsp;","listText":"[疑問]&nbsp;The fund is getting the better of retail traders.&nbsp;[思考]&nbsp;[思考]&nbsp;[思考]&nbsp;","text":"[疑問] The fund is getting the better of retail traders. [思考] [思考] [思考]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893861495","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":893168499,"gmtCreate":1628247676911,"gmtModify":1703503902354,"author":{"id":"3574719476370414","authorId":"3574719476370414","authorIdStr":"3574719476370414","name":"Eugenewml","avatar":"https://static.tigerbbs.com/4b937288f1edb29efceb63964317452c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574719476370414"},"htmlText":"Buckle up bois!!","listText":"Buckle up bois!!","text":"Buckle up bois!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893168499","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":893332452,"gmtCreate":1628237115576,"gmtModify":1703503711232,"author":{"id":"3575453671192179","authorId":"3575453671192179","authorIdStr":"3575453671192179","name":"sickeninglim","avatar":"https://static.tigerbbs.com/0753a2906468fc16c39e5f831b2200d7","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":1,"idStr":"3575453671192179"},"htmlText":"Wow......","listText":"Wow......","text":"Wow......","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893332452","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":893303309,"gmtCreate":1628235042401,"gmtModify":1703503671297,"author":{"id":"3570444284639989","authorId":"3570444284639989","authorIdStr":"3570444284639989","name":"Pangabui","avatar":"https://static.tigerbbs.com/32b4b9242d9aab94ee79aaaf573818e8","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":2,"crmLevelSwitch":0,"idStr":"3570444284639989"},"htmlText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893303309","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":893996880,"gmtCreate":1628226750740,"gmtModify":1703503543430,"author":{"id":"3574730309796268","authorId":"3574730309796268","authorIdStr":"3574730309796268","name":"PhilipGoh","avatar":"https://static.tigerbbs.com/d6085185a57dcb9a222e871338387428","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":7,"crmLevelSwitch":1,"idStr":"3574730309796268"},"htmlText":"Good coming back&nbsp;[開心]&nbsp;","listText":"Good coming back&nbsp;[開心]&nbsp;","text":"Good coming back [開心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893996880","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":893062195,"gmtCreate":1628222036817,"gmtModify":1703503457021,"author":{"id":"3585210617348402","authorId":"3585210617348402","authorIdStr":"3585210617348402","name":"JaiVenky","avatar":"https://static.tigerbbs.com/097793f3135b5fb8cb3f03847d72bf1a","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3585210617348402"},"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893062195","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":893036231,"gmtCreate":1628219893723,"gmtModify":1703503413335,"author":{"id":"3580348004146675","authorId":"3580348004146675","authorIdStr":"3580348004146675","name":"sugizoi4u","avatar":"https://static.tigerbbs.com/c7f987f771f67981d200c8f1cd598c70","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580348004146675"},"htmlText":"Apes will never sell until MOASS. HODL!","listText":"Apes will never sell until MOASS. HODL!","text":"Apes will never sell until MOASS. 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Not sure if your up 3.7% will enough to cover before T+35?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893006131","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":899780670,"gmtCreate":1628215279590,"gmtModify":1703503290412,"author":{"id":"3574882012140918","authorId":"3574882012140918","authorIdStr":"3574882012140918","name":"Bernard","avatar":"https://static.tigerbbs.com/d01914291d9fd02b1bb32b6294e9720a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574882012140918"},"htmlText":"I tot this is Wendy's&nbsp;","listText":"I tot this is Wendy's&nbsp;","text":"I tot this is Wendy's","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899780670","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":899714719,"gmtCreate":1628215182731,"gmtModify":1703503287967,"author":{"id":"3579222120791654","authorId":"3579222120791654","authorIdStr":"3579222120791654","name":"Kindryl","avatar":"https://static.tigerbbs.com/040945ee7e67f0039b1944041651ea83","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3579222120791654"},"htmlText":"Has Ape lost ?","listText":"Has Ape lost ?","text":"Has Ape lost ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/899714719","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5443089,"gmtCreate":1628219924860,"gmtModify":1663231999749,"authorId":3580348004146675,"author":{"id":3580348004146675,"authorId":3580348004146675,"name":"sugizoi4u","avatar":"https://static.tigerbbs.com/c7f987f771f67981d200c8f1cd598c70","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":899714719,"type":1,"supId":0,"prevId":0,"content":"Nope","text":"Nope","html":"Nope"}],"langContent":"EN"},{"id":899736323,"gmtCreate":1628214410162,"gmtModify":1703503270212,"author":{"id":"3575373900517449","authorId":"3575373900517449","authorIdStr":"3575373900517449","name":"Flame648","avatar":"https://static.tigerbbs.com/f0259b8d1484d7c8a760a653ef4a806b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575373900517449"},"htmlText":"Lol, you're next to go Crispin Odey. ?&nbsp; We're not selling! ??","listText":"Lol, you're next to go Crispin Odey. ?&nbsp; We're not selling! ??","text":"Lol, you're next to go Crispin Odey. ? 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What a joke.“AMC stock has mostly exploded higher as a result of misguided interest from a group of retail traders who believe that manipulating the price of the security higher will create an infinite short squeeze that some traders hope will eventually value the company in the hundreds of billions of dollars.”","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/899492269","repostId":1158295123,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5442889,"gmtCreate":1628218680054,"gmtModify":1663232001641,"authorId":3575974639321365,"author":{"id":3575974639321365,"authorId":3575974639321365,"name":"Chris68","avatar":"https://static.tigerbbs.com/1ae39a12c3ba237f3b001689ec9a549b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":899492269,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":259,"commentSize":83,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}