GameStop: Citron Research no longer dares to “short”







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(Boursier.com) — GameStop has just completed a new fundraising of $2.14 billion, taking advantage of the current appeal of ‘meme stock’ enthusiasts on Wall Street. Citron Research indicated for its part that it no longer had a short selling position on the stock. “Citron is no longer short GME. It’s not because we believe a turnaround in the company’s fundamentals will ever happen, but with $5 billion in the bank they have plenty of room to run to appease their shareholder cult Although Wedbush has set a target of $11 today, we respect the irrationality of the market. After all, Dogecoin remains a $20 billion entity. number of actions could temper the crowd’s mentality, Citron will watch aside for the moment Moreover, the YouTube stream of (Roaring) Kitty was still an insult to the capital markets”, clarified Citron Research on the social media network. x.


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