Citron Research Ends GameStop Shorting Amid Market Irrationality

Citron Research 结束了市场非理性中的 GameStop 做空行为

Citron Research, a prominent short-selling firm, has announced its withdrawal from shorting GameStop (GME). While acknowledging the company's weak fundamentals, Citron's decision is driven by an astute understanding of the market's unpredictable behavior.

著名卖空公司 Citron Research 宣布退出 GameStop （GME）的做空活动。尽管 Citron 承认公司基本面疲弱，但其决策是基于对市场不可预测行为的敏锐理解。

In a statement, Citron explained, "We are no longer shorting GME, not because we anticipate an imminent turnaround, but rather because the company's $4 billion cash reserves provide sufficient flexibility to placate its devoted shareholders."

Citron 在一份声明中解释说，“我们不再做空 GME，不是因为我们预计即将出现好转，而是因为该公司 40 亿美元的现金储备提供了足够的灵活性来安抚其忠诚的股东。”

Recognizing the power of retail investors, Citron cited Dogecoin's $20 billion market capitalization as evidence of the market's irrationality. "Ultimately, Dogecoin remains a $20 billion asset," the firm noted.

Citron 认识到散户投资者的力量，并以狗狗币 200 亿美元的市值作为市场非理性的证据。 “最终，狗狗币仍然是 200 亿美元的资产，”该公司指出。

Andrew Left, Citron Research's founder, initially re-established a short position in GameStop last week. However, the size of his position was notably smaller compared to his ill-fated 2021 shorting attempt, which ended due to a coordinated rally by individual investors united on online forums.

Citron Research 创始人 Andrew Left 上周最初重新建立了 GameStop 的空头头寸。然而，与他在 2021 年不幸的做空尝试相比，他的头寸规模明显较小，这次尝试因个人投资者在在线论坛上联合起来的协调反弹而结束。

Disclaimer: This is not investment advice.

免责声明：这不是投资建议。