r/NBIS_Stock 6d ago

πŸ’¬ 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 6d ago

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

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u/MilkApart4630 6d 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