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S3 Partners: Expect Lyft Shorts To 'Put The Pedal To The Metal'
Tuesday, April 2, 2019 - 12:49pm | 556Read More...Lyft Inc (NASDAQ: LYFT) dropped another 3 percent Tuesday morning after falling 12 percent Monday to drop below its IPO price of $72. Big-name tech IPOs have provided short sellers with some extremely profitable opportunities in recent years, but one analyst said this week’s selling isn...
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GrubHub Short Sellers Are Back
Thursday, March 21, 2019 - 11:40am | 461Read More...GrubHub, Inc. (NASDAQ: GRUB) is one of the most heavily shorted stocks on Wall Street, but financial technology and analytics firm S3 Partners analyst Ihor Dusaniwsky said Wednesday GrubHub short sellers have been aggressively selling the stock this week after an extended absence. A Popular Short...
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Disappointing Guidance Earns Turtle Beach Short Sellers $24M
Monday, March 18, 2019 - 10:13am | 437Read More...Turtle Beach Corp (NASDAQ: HEAR) stock dropped 18 percent Friday after the company’s 2019 guidance disappointed the market and amendments to second- and third-quarter 2018 reports due to erroneous accounting spooked the market. Turtle Beach short sellers made a $24 million profit on Friday...
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S3 Partners: Longs, Not Shorts, Are Selling Tesla
Sunday, March 3, 2019 - 2:40pm | 491Read More...Tesla, Inc. (NASDAQ: TSLA) stock tumbled 7.8 percent on Friday after CEO Elon Musk announced a lower-cost Model 3, said Tesla would not be profitable in the first quarter of 2019 and disclosed that Tesla is closing most of its brick-and-mortar stores. The outspoken and controversial Musk has...
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'Sizable Amounts Of Short Covering' In Canopy Growth
Friday, March 1, 2019 - 12:00pm | 493Read More...Canopy Growth Corp (NYSE: CGC), one of the hottest stocks in the market so far in 2019, got yet another boost Thursday when the company announced celebrity Martha Stewart would be joining the company to advise on the development of marijuana products for humans and pets. In addition to the good...
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The Big Shorts Dig Into Tesla
Thursday, October 11, 2018 - 11:26am | 718Read More...Tesla, Inc. (NASDAQ: TSLA) short sellers have been an obsession for CEO Elon Musk in 2018. Unfortunately for Musk, the short sellers have had the winning trade as of late, with Tesla stock down 28.9 percent in the past year and Musk being forced out of his chairman role as part of a tentative...
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S3 Partners: Tesla Shorts Haven't Gone Anywhere
Saturday, August 11, 2018 - 2:01pm | 539Read More...Tesla, Inc. (NASDAQ: TSLA) has been on the move this week, surging as high as $387.46 following a tweet by CEO Elon Musk that he had “funding secured” to take the company private at a price of $420 per share. In the days following Musk’s tweet, however, Wall Street demonstrated...
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Why Longfin Shouldn't Blame Short Sellers
Thursday, April 5, 2018 - 2:17pm | 461Read More...Longfin Corp (NASDAQ: LFIN) stock has been all over the map lately, plummeting 80 percent in a two-week stretch before surging 80 percent Thursday after CNBC interviewed CEO Venkat Meenavalli. What Happened The Longfin story has numerous moving parts at the moment, including FTSE...
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A Look At AMD's Options Activity, Short Interest
Wednesday, March 7, 2018 - 3:58pm | 475Read More...Advanced Micro Device, Inc. (NASDAQ: AMD) stock is up about 3.5 percent Wednesday on a weak day for the market. Here’s a brief overview of the factors in play. Option Alerts The trading action in AMD started Tuesday when Benzinga Pro’s Signals feed sent out 32 options alerts on...
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Kylie Jenner Tweet Lands Snap Short Sellers $163 Million Profit
Friday, February 23, 2018 - 10:56am | 481Read More...After getting burned by a huge earnings beat earlier this month, Snap Inc (NYSE: SNAP) short sellers got some major help from Wall Street and Hollywood this week. Just days after a Citigroup downgrade sent Snap shares tumbling, celebrity Kylie Jenner confirmed Citi’s fears about the new...
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Why Short Percent Of Float Is Meaningless For Most Popular Stocks
Wednesday, February 21, 2018 - 8:37am | 605Read More...Short percent of float is a metric often cited by traders when discussing heavily shorted stocks that could be vulnerable to short squeezes. When it comes to using institutional short selling to make predictions about potential fundamental changes in companies, financial analytics firm S3 Partners...
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Why Fossil's Huge Move Might Not Last Too Long
Wednesday, February 14, 2018 - 12:54pm | 435Read More...Fossil Group Inc (NASDAQ: FOSL) shares soared higher by more than 60 percent Wednesday after the company shocked Wall Street and short sellers with better-than-feared fourth-quarter earnings and 2018 guidance. But while Fossil shareholders have a rare reason to celebrate, the huge move may not last...
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How The Bitcoin Investment Trust Actually Works
Thursday, December 21, 2017 - 9:28am | 925Read More...The Bitcoin Investment Trust (OTC: GBTC) is one of the most popular ways for retail traders to make bets on bitcoin. Unfortunately, many GBTC investors don’t fully understand exactly what it is they are buying and the risks involved. For starters, the GBTC is a trust which buys and holds...
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Elon Musk Takes Another Shot At Tesla Short Sellers, Calls Them 'Jerks Who Want Us To Die'
Thursday, November 16, 2017 - 12:06pm | 613Read More...In a new interview with Rolling Stone, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk once again took shots at Tesla short sellers for what he says is “hurtful” behavior. It’s not the first time Musk has lashed out at short sellers, a topic most CEOs rarely acknowledge. The Blame Game...
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Short Sellers Pour Into FAANG Stocks
Tuesday, October 3, 2017 - 11:51am | 402Read More...Five of the hottest growth stocks of the bull market, Facebook Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Netflix, Inc. (NASDAQ: NFLX) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), have shown no signs of slowing down so far in 2017. However, short sellers seem...
















