Short-seller Carson Block on the other side of the Reddit, GameStop trading frenzy

Loading player...
Recently day traders organising themselves on social media website Reddit united to drive up the shares of video-game store GameStop by around 400%. Short-sellers were estimated to have lost about $19bn on GameStop. Carson Block is a short-seller, investor and the founder of Muddy Waters Research speaks to BizNews partner Bloomberg about what he thinks has been going on in the markets. Block told editor at large Erik Schatzker He suspects hedge fund ‘co-orination’ over GameStop. Learn more about your ad choices. Visit megaphone.fm/adchoices
6 Feb 2021 11AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min

BN Briefing: Leaked Iran death toll, US-SA relations, and Equities vs Gold

In this BizNews Briefing, Dr. Iraj Abedian reveals leaked reports of 12,000 deaths in Iran, questioning the South African government’s silence. The Hudson Institute's Josh Meservey analyses Pretoria’s alignment with American adversaries. Plus, David Shapiro discusses the "survival mode" of South African business, and Peter Major explains why equities historically…
14 Jan 5AM 13 min