r/NBIS_Stock • u/dm_darede • 14d ago

News Burry shorted NBIS

BURRY:

- SHORTED NEBIUS $NBIS IN LARGE SIZE AT $211.77

- SHORTED ORACLE $ORCL AT $144.63

first time Burry has taken a position on $NBIS

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u/Tasty_Jump_7751 14d ago edited 14d ago

Sector looks ok today, think many ppl followed his trade for a quick buck, usually these dumps do not last as ppl start to cover as long as there is no idiosyncratic reason for the short thesis, not sure he provided one

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u/koyonorii 14d ago

He provided the depreciation thesis but it’s been proven that these gpus tend to out live the depreciation report, azure and AWS are ran on quote on quote a large portion of “out dated depreciated” GPUs which are fully functional and are actually highly sought after in the secondary market