Carson Block, founder of Muddy Waters Research, discusses short-selling strategies and the ouster of J.C. Penney & Co. Chief Executive Officer Ron Johnson. Carson Block speaks with Stephanie Ruhle and Erik Schatzker on Bloomberg Television’s “Market Makers.” Block issues veiled criticism of Ron Johnson, but notes that J.C. Penney could be a buy from a long perspective. However, for now the firm is sticking to shorts. He says that the firm was short Nu Skin for a while, Dan Loeb has/had short position in the firm.
The video is embedded below:
Exclusive: David Einhorn’s FOF Has 270% Return From Revenue Share Agreement [In-Depth]
Greenlight Masters, the fund of funds managed by David Einhorn, returned 26.2% net of fees in 2020, outperforming the S&P 500, which returned 18.4% throughout the year. Q4 2020 hedge fund letters, conferences and more According to a copy of the firm's letter, which ValueWalk has been able to review, the dispersion of returns in Read More