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Bill Gross, a billionaire investor, won big by betting against GameStop and AMC. He plans to steer clear of the latest meme ...
Bill Gross believes GameStop’s trading behavior has matured and now “seems to mimic Bitcoin." Despite past criticism, Gross still sees value in GameStop. Gross has ...
Bill Gross says GameStop now mirrors Bitcoin's patterns; the firm plans for more Bitcoin investments and possible crypto ...
He’s used a similar strategy on AMC, selling $10 straddles. GameStop shares closed at closed at $48.75 after soaring as high as $64.83, while AMC ended the session at $6.85 after opening at $11.88.
Bill Gross says the wild, speculative boom in meme stocks, SPACs, and NFTs is over for now. The "Bond King" predicts GameStop will crash next after AMC shares tanked on Monday.
Overall, it appears to be Bill Gross’ view that the speculative fever, which drove the likes of GameStop, AMC and others to insane highs (it’s fair to say that in hindsight) is over.
Billionaire bond king Bill Gross made $10 million shorting GameStop (NYSE: GME) stock during the recent trading frenzy, but he isn't done getting his quarter's worth out of the ride.
Bill Gross told Bloomberg TV that he was "back in" the market and betting against GameStop. The famous investor made around $10 million after January's GameStop saga.
Investing legend Bill Gross compared meme stocks GameStop and AMC to lottery tickets. Both companies have "very little" behind them, and their stocks will fall, he told Yahoo Finance on Tuesday.
Bill Gross, the erstwhile bond king and co-founder of Pacific Investment Management Co., said in an interview Tuesday that he made about $10 million betting against the video game retailer’s shares.
Bill Gross, Pimco’s co-founder, says there’s a real possibility of a “taper tantrum” and adds that he’s short the 10-year Treasury future. He speaks with Bloomberg’s Erik Schatzker on ...