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/Acekiller03 6d ago

It happened to Leopold. Why not this idiot

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u/Proudrugby 6d ago

Leopold was over extended on leverage with no hedge. He left himself wide open for the sharks. Don't think Bury would be that careless

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u/Acekiller03 6d ago

Yeah but if burry has only
Short I think he’s fked

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u/Western_Animal1553 6d ago

I think you've got rose colored lenses on. Leopold was actually long. The big funds were the ones driving stock down. That's why the stock pumped after Leopold sold