Global revenues, deliveries, market share, income, and for your amusement the WTF stock prices.
This is just so relentless: “We’re not going back to the way things were.”
Still collapsed revenues, astronomical losses, red-hot cash-burn, hellish new piles of debt. Meanwhile, amid craziest markets ever, airline shares soared.
Short sellers are often the only sheriff on Wall Street, a crucial role in a rigged stock market – easy to forget after the furor over the “most shorted stocks.”
Becoming a prolific jingle-mailer to dump malls. Holders of CMBS eat the losses.
The historic short squeeze, engineered by a bunch of deeply cynical small traders, exposed just how rigged the market has been (transcript of my podcast).
The historic short squeeze, engineered by millions of deeply cynical small traders, exposed just how rigged the market has been.
“It’s really something to see Wall Streeters with a long history of treating our economy as a casino complain about a message board of posters also treating the market as a casino”: AOC
$157 Billion in Debt. A reckoning of sorts. “Asset impairments and abandonments,” AT&T calls it.
What a show! Smallish traders, by ganging together on Reddit, succeeded fabulously in what famed big short-sellers have done for years in the opposite direction. And it’s pump & dump for both.