"Big Short" Trader Danny Moses Reveals Short Position on GameStop Stock The famed trader called Ryan Cohen a "bad trader" and pointed out the reasons for his bearish thesis on GameStop.
Source:
https://twitter.com/CNBCFastMoney/status/1681423000405692416
TLDRS:
- Danny Moses, recognized for his part in "The Big Short," disclosed that he holds put options on GameStop.
- He expressed concerns about GameStop's financial health, emphasizing its declining cash reserves and anticipated annual losses, while also challenging its $7 billion market valuation.
- Hints RC is a 'bad trader' for his GameStop buy prices.