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2021-06-22

Certainly deserved it! Shorting has finite gain, but INFINITE loss if you do not exit in time

London-based hedge fund that bet against GameStop shuts down - FT

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Shorting has finite gain, but INFINITE loss if you do not exit in time","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/120742275","repostId":2145030439,"repostType":4,"repost":{"id":"2145030439","pubTimestamp":1624335780,"share":"https://www.laohu8.com/m/news/2145030439?lang=&edition=full","pubTime":"2021-06-22 12:23","market":"us","language":"en","title":"London-based hedge fund that bet against GameStop shuts down - FT","url":"https://stock-news.laohu8.com/highlight/detail?id=2145030439","media":"StreetInsider","summary":"(Reuters) - A London-based hedge fund that suffered losses betting against U.S. retailer GameStop Co","content":"<p>(Reuters) - A London-based hedge fund that suffered losses betting against U.S. retailer GameStop Corp during the first meme stock rally in January is shutting down, the Financial Times reported on Tuesday.</p>\n<p>White Square Capital has told investors that it will shut its main fund and return capital this month after a review of its business model, the newspaper said, citing people familiar with the fund and a letter to investors.</p>\n<p>White Square suffered double-digit percent losses in January, the report added https://on.ft.com/3gIEJJR.</p>\n<p>The firm did not respond to a Reuters request for comment outside of regular U.K. business hours.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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