Sep. 12 at 12:03 AM
$LULU his portfolio is around
$50 million. He has
$10 million in LULU, assuming he is down ~50% then he must have no more than 50,000 shares. thats barely enough to move the market in a 5-15 minute session. Even if he doubled down recently that’s 100,000 shares- around 0.3% of the daily volume. Burry cant move the market worth shit except through the occasional headline which Market Makers use to their advantage to move the price in their desired direction.