diff --git a/Timeline/2021-06-03-Ortex-Co-Founder-Confirms-Majority-of-Short-Sellers-Have-Not-Exited-Their-Positions-in-Meme-Stocks.md b/Timeline/2021-06-03-Ortex-Co-Founder-Confirms-Majority-of-Short-Sellers-Have-Not-Exited-Their-Positions-in-Meme-Stocks.md new file mode 100644 index 0000000..47a25b7 --- /dev/null +++ b/Timeline/2021-06-03-Ortex-Co-Founder-Confirms-Majority-of-Short-Sellers-Have-Not-Exited-Their-Positions-in-Meme-Stocks.md @@ -0,0 +1,21 @@ +Co-Founder of Ortex confirms "majority" of short sellers have not exited their positions in Meme stocks. +======================================================================================================== + +| Author | Source | +| :-------------: |:-------------:| +| [u/randomd0rk](https://www.reddit.com/user/randomd0rk/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nr94fj/cofounder_of_ortex_confirms_majority_of_short/) | + +--- + + +[News 📰 | Media 📱](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22News%20%F0%9F%93%B0%20%7C%20Media%20%F0%9F%93%B1%22&restrict_sr=1) + +"Although we have seen some exiting of positions throughout the year, the majority of short-sellers have been happy to sit on significant paper losses in the hope that retail investors will blink first and the losses won't be realized," said Peter Hillerberg, co-founder of financial analytics firm Ortex. + +"This now looks like a flawed strategy." + + + +*Edited to add Bloomberg source after Reuters changed the article. + +Also, thanks for my first awards! Can I buy crayons with these?