CNBC’s Santoli: Short hedge funds aren’t ‘powerful predators’
The epic battle playing out in GameStop Corp.’s (NYSE: GME) stock isn’t the David versus Goliath battle some in the media play it out to be. In fact, hedge funds are far from the “all-powerful predators” that make a killing shorting stocks to zero, according to CNBC’s Michael Santoli. Selling short isn’t a profitable strategy
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