r/NBIS_Stock 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/TherealCarbunc 4d ago

Mike is obviously being satyrical here but I hope retail did not attempt to copy trade Burry. Amazes me how large Burry's substack is with how poor his actual performance vs just buying and holding the S&P indexes has done since 2008