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CHoe

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- CHoeCHoe
  ·03-28
  $Apple(AAPL)$ more to come
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- CHoeCHoe
  ·03-22
  $Reddit(RDDT)$ shoot to the sky
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- CHoeCHoe
  ·2022-11-17
  $Taiwan Semiconductor Manufacturing(TSM)$
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- CHoeCHoe
  ·2022-11-11
  $Taiwan Semiconductor Manufacturing(TSM)$
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- CHoeCHoe
  ·2022-11-10
  $Tesla Motors(TSLA)$
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- CHoeCHoe
  ·2022-11-09
  $Taiwan Semiconductor Manufacturing(TSM)$
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- CHoeCHoe
  ·2022-11-09
  $Tesla Motors(TSLA)$ddrop drop
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- CHoeCHoe
  ·2022-11-04
  $Qualcomm(QCOM)$ddown down
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- CHoeCHoe
  ·2022-11-04
  Oooooo
  Short-Sellers Make Billions in Meta’s Stock Plunge
  Meta has become the second most profitable short bet of 2022, new data suggestsBoss Mark Zuckerberg
  Short-Sellers Make Billions in Meta’s Stock Plunge
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- CHoeCHoe
  ·2022-11-03
  $Taiwan Semiconductor Manufacturing(TSM)$
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10:33","market":"us","language":"en","title":"Short-Sellers Make Billions in Meta’s Stock Plunge","url":"https://stock-news.laohu8.com/highlight/detail?id=1159025025","media":"Financial News","summary":"Meta has become the second most profitable short bet of 2022, new data suggestsBoss Mark Zuckerberg ","content":"<html><head></head><body><p>Meta has become the second most profitable short bet of 2022, new data suggests</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c2bf3b3d9ae856d9b8e05fa70669ae2\" tg-width=\"749\" tg-height=\"499\" referrerpolicy=\"no-referrer\"/><span>Boss Mark Zuckerberg is betting big on the metaverse, but investors aren&#39;t convinced  Getty Images</span></p><p>Meta’s stock plunge on 26 October was a golden moment for short-sellers, who netted over $1bn in just two days, according to data from S3 Partners.</p><p>Short profits on Meta shares passed $6bn in October, a separate report by ORTEX Analytics shows, after the social media company posted a 52% fall in profits for the third quarter.</p><p>Meta is now the second most profitable short this year, ORTEX says.</p><p>With Meta stock down almost 70% since the start of 2022, few investment managers say they see see potential in Mark Zuckerberg’s firm.</p><p>“We do not see an investment in the current period yielding strong upside,” Christian Putz, founder and portfolio manager at London-based investment manager ARR Investment Partners, told<i>Financial News</i>. “In terms of shorting, Meta might present a decent investment opportunity, given its declining usage and decrease in commercial and retail advertisement spending.”</p><p>Meta’s massive spending on the metaverse has not yet paid off. In the first three quarters of 2022, Reality Labs, Meta&#39;s metaverse unit, lost over $9.4bn. Its metaverse spending could approach $100bn over the next five years,<i>The Information</i> reported.</p><p>“An estimated $100bn-plus investment in an unknown future is super-sized and terrifying, even by Silicon Valley standards,” Brad Gerstner, founder and CEO of Altimeter Capital, said in an open letter.</p><p>Altimeter Capital, which held more than two million shares of Meta at the end of Q2, has taken a hit on Meta’s 2022 stock plunge.</p><p>“People are confused by what the metaverse even means. The company should cap its metaverse investments to no more than $5bn per year,” Gerstner said.</p><p>In the firm&#39;s Q3 earnings report, Meta chief financial officer David Wehner said that Reality Labs&#39;s operating losses will grow significantly in 2023.</p><p>“The firm’s bet on the metaverse seems to be a classic ‘hit-or-miss’ situation. We certainly see a difficulty in finding an asymmetric risk-reward by going long,” Putz said.</p><p>In October last year, Facebook rebranded to Meta in a move that some investors believe has changed its business model. Since the rebranding, Meta’s stock has plunged from $331 to $90, the lowest level since October 2015.</p><p>“Essentially the market is saying that Meta has to start all over to rebuild its business,” John Tierney, consultant and strategist at Macro Hive, told<i>Financial News</i>.</p><p>Meta is not the only stock that has brought smile to the faces of short-sellers this year. Tesla remains the most profitable short trade of 2022, and, in October, Tesla shorts enjoyed $2.5bn in gains, according to ORTEX.</p><p>While short-sellers netted billions in this year’s technology stock sell-off, longs have suffered historic losses. Tiger Global lost almost $17bn during this year’s tech rout, according to <i>The Financial Times</i>.</p></body></html>","source":"lsy1657862968690","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Short-Sellers Make Billions in Meta’s Stock Plunge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShort-Sellers Make Billions in Meta’s Stock Plunge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-04 10:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fnlondon.com/articles/short-meta-stock-hedge-funds-20221104><strong>Financial News</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meta has become the second most profitable short bet of 2022, new data suggestsBoss Mark Zuckerberg is betting big on the metaverse, but investors aren't convinced  Getty ImagesMeta’s stock plunge on ...</p>\n\n<a href=\"https://www.fnlondon.com/articles/short-meta-stock-hedge-funds-20221104\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://www.fnlondon.com/articles/short-meta-stock-hedge-funds-20221104","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159025025","content_text":"Meta has become the second most profitable short bet of 2022, new data suggestsBoss Mark Zuckerberg is betting big on the metaverse, but investors aren't convinced  Getty ImagesMeta’s stock plunge on 26 October was a golden moment for short-sellers, who netted over $1bn in just two days, according to data from S3 Partners.Short profits on Meta shares passed $6bn in October, a separate report by ORTEX Analytics shows, after the social media company posted a 52% fall in profits for the third quarter.Meta is now the second most profitable short this year, ORTEX says.With Meta stock down almost 70% since the start of 2022, few investment managers say they see see potential in Mark Zuckerberg’s firm.“We do not see an investment in the current period yielding strong upside,” Christian Putz, founder and portfolio manager at London-based investment manager ARR Investment Partners, toldFinancial News. “In terms of shorting, Meta might present a decent investment opportunity, given its declining usage and decrease in commercial and retail advertisement spending.”Meta’s massive spending on the metaverse has not yet paid off. In the first three quarters of 2022, Reality Labs, Meta's metaverse unit, lost over $9.4bn. Its metaverse spending could approach $100bn over the next five years,The Information reported.“An estimated $100bn-plus investment in an unknown future is super-sized and terrifying, even by Silicon Valley standards,” Brad Gerstner, founder and CEO of Altimeter Capital, said in an open letter.Altimeter Capital, which held more than two million shares of Meta at the end of Q2, has taken a hit on Meta’s 2022 stock plunge.“People are confused by what the metaverse even means. The company should cap its metaverse investments to no more than $5bn per year,” Gerstner said.In the firm's Q3 earnings report, Meta chief financial officer David Wehner said that Reality Labs's operating losses will grow significantly in 2023.“The firm’s bet on the metaverse seems to be a classic ‘hit-or-miss’ situation. We certainly see a difficulty in finding an asymmetric risk-reward by going long,” Putz said.In October last year, Facebook rebranded to Meta in a move that some investors believe has changed its business model. Since the rebranding, Meta’s stock has plunged from $331 to $90, the lowest level since October 2015.“Essentially the market is saying that Meta has to start all over to rebuild its business,” John Tierney, consultant and strategist at Macro Hive, toldFinancial News.Meta is not the only stock that has brought smile to the faces of short-sellers this year. Tesla remains the most profitable short trade of 2022, and, in October, Tesla shorts enjoyed $2.5bn in gains, according to ORTEX.While short-sellers netted billions in this year’s technology stock sell-off, longs have suffered historic losses. Tiger Global lost almost $17bn during this year’s tech rout, according to The Financial Times.","news_type":1},"isVote":1,"tweetType":1,"viewCount":701,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984063384,"gmtCreate":1667490597248,"gmtModify":1676537927120,"author":{"id":"3571622425597498","authorId":"3571622425597498","name":"CHoe","avatar":"https://static.tigerbbs.com/4cbccaeed1db5ce29ec7de0973a2565b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571622425597498","authorIdStr":"3571622425597498"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a><v-v data-views=\"1\"></v-v>","text":"$Taiwan Semiconductor Manufacturing(TSM)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9984063384","isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}