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Hudson Bay, Morgan Stanley took positions in Trump social media firm in Q1
Posted on 5/16/24 at 11:35 am
Posted on 5/16/24 at 11:35 am
quote:
Hudson Bay Capital bought 150,000 shares in the quarter, initiating a position worth nearly $10 million
Geode Capital Management, a spinoff of mutual fund giant Fidelity, bought 102,923 shares during the quarter, while Morgan Stanley bought 44,346 shares.
Me, I've almost gotten my initial investment back by selling calls, I'm on track to have 8 months of selling weekly calls for total profit.
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2
Posted on 5/16/24 at 12:17 pm to BCreed1
quote:That's an options/arb shop I believe. Just knowing their shareholding on a given date probably doesn't tell you very much.
Hudson Bay Capital bought 150,000 shares in the quarter, initiating a position worth nearly $10 million
Posted on 5/16/24 at 12:25 pm to BCreed1
Weird they would want to waste their money on a meme stock 
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