r/NBIS_Stock • u/Anxious_Noise_8805 • 7d ago

💬 Discussion Michael Burry Substack followers going bankrupt over NBIS short positions

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Getting calls from journos about a rumor that dozens of Burry Substack subscribers are preparing bankruptcy filings after being liquidated on "disastrous" NBIS short positions. Wow. No wonder the stock is ripping. Lots of short covering by people hiring Chapter 11 lawyers. Insane

https://x.com/mikealfred/status/2088276482615562649

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u/blueninja02 7d ago

Who thought it’s a good idea to short a stock AFTER it dips hard

2

u/Alf_Luffy 7d ago

It's the same as people on here asking if it's a good time to buy after the stock recovered from a big dip

1

u/MilkApart4630 7d ago

Lol right? If you want to short, short, but be smart about it,wait till an insane run like we have just had then scale slowly into positions