Short-seller Carson Block on the other side of the Reddit, GameStop trading frenzy

Loading player...
Recently day traders organising themselves on social media website Reddit united to drive up the shares of video-game store GameStop by around 400%. Short-sellers were estimated to have lost about $19bn on GameStop. Carson Block is a short-seller, investor and the founder of Muddy Waters Research speaks to BizNews partner Bloomberg about what he thinks has been going on in the markets. Block told editor at large Erik Schatzker He suspects hedge fund ‘co-orination’ over GameStop. Learn more about your ad choices. Visit megaphone.fm/adchoices
6 Feb 2021 11AM English South Africa Investing · Business News

Other recent episodes

Members Only: FT Unhedged – Energy crisis deepens as supply shocks ripple globally

In this fully licensed episode of the Financial Times’ Unhedged podcast, Katie Martin and energy editor Malcolm Moore unpack the escalating global energy crisis triggered by disruption in the Strait of Hormuz. With millions of barrels of oil effectively trapped and supply chains under strain, the impact is already being…
7 Apr 12PM 19 min

Ivor Chipkin: GNU outlaws cadré deployment

President Cyril Ramaphosa's assent to the Public Service Amendment Bill has been hailed as the most significant reform since 1996. In this interview with Chris Steyn, Ivor Chipkin, the Director of New South Institute (NSI), says “we've got now in law a distinction between political office and administrative office…Our politicians,…
7 Apr 9AM 21 min

From Ceres to New York: Adriaan Wildschutt sets a blistering pace

Adriaan Wildschutt came so close to an Olympic medal in Paris, delivering the country’s strongest performance at the 2024 Games. With no track world championships on the calendar this year, Wildschutt shifted his focus to the roads and stormed to victory at the New York City Half Marathon in a…
2 Apr 9AM 14 min