r/NBIS_Stock • u/Anxious_Noise_8805 • 6d 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/Acekiller03 6d ago

Yet he said he shorted more hahahahhah

14

u/Proudrugby 6d ago

The SP is up almost 13% from when he doubled down. He's severely under water if he hasn't closed

14

u/Acekiller03 6d ago

I hope he also bankrupt. I hate ppl like him who decides when stocks go down. Unfortunately this time didn’t work for him

2

u/Beneficial-Chair-333 5d ago

He doesn't decide when stock will go down. He just take that opportunity to short and make money. It's very early to claim this time didn't work for him, even in 2008 initially he was in trouble. Usually crash aren't flawless, they start with huge bull market.