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via Decrypt · By Decrypt Editorial

'Big Short' Investor Michael Burry Exits GameStop After eBay Bid

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24h Volume

$35,810,540,518.33

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short
70.9%
Long: 70.9%Short: 29.1%
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Shorts pay

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Volume (24h): -

Resistance Levels
Resistance 3$64,190.33
Resistance 2$61,809.89
Resistance 1$60,140.67
Price$59,245.60
Support 1$59,102.70
Support 2$57,392.27
Support 3$52,643.43
Pivot (PP):$60,140.67
Trend:Downtrend
RSI (14):29.5
DE
Decrypt Editorial
(05:04 PM UTC)
1 min read
EW
Approved byEmily Watson
1084 views
0 comments

In brief

  • Michael Burry sold his entire GameStop position Monday after the company’s $55.5B eBay bid.
  • He flagged debt levels incompatible with his "Instant Berkshire" thesis from January.
  • The exit implies GME's long-running status as a speculative bet, Decrypt was told.

Michael Burry sold his entire GameStop position Monday following the company's $55.5 billion eBay bid, which he said would…

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Decrypt Editorial · Decrypt

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