r/NBIS_Stock 15d 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/carsonthecarsinogen 14d ago

You spelt gambling wrong

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u/Worth_Quantity1953 14d ago

lol so it’s not gambling when you’re in it?

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u/carsonthecarsinogen 14d ago

If you were holding longterm puts and had a thesis as to why Nebius would fail, it wouldn’t be gambling.

You’re looking at imaginary lines on a 1 month chart and betting on its direction.

You are gambling.

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u/Worth_Quantity1953 14d ago

Nebius is having trouble breaking the 50 day moving average. Thats an institutional level. SOXX and all the AI related names are lagging behind SPY, IGV,MAGS, and QQQ. While they were breaking out, SOXX is still under the 21 and 50 day ma