Some of the deeper shorts who really bet the barn on this space are up like 80% right now.
There were shorts up 80% by the end of Q1, and no unfortunately I wasn’t one of them. They generally run concentrated positions, which make it fairly easy to generate huge returns with limited risk when you are front running hit pieces. Of course it’s much harder now, but there are still plenty of opportunities.
Agree with you on MS and the institutions, these guys are complete idiots who have no business investing in china