The Citron managing partner Andrew Left said in a video on Wednesday that most of the firm’s position was covered when GameStop traded at about $90 at “a loss of 100%.” He added that he maintained a smaller position in the stock.
What is Citron short?
Citron Research was arguably the most well-known activist short-selling firm, with Andrew Left at the helm. Citron is known for their highly publicized bearish research reports, which they publicly released online. … And his reports move markets.
Can Citron Research be trusted?
Citron Research has a history of publishing accurate and effective reports. As Andrew Left himself claimed in the Wall Street Journal (WSJ), “Fortunately I have been more right than wrong”.