2min chapter

Superinvestors and the Art of Worldly Wisdom cover image

#55: Ben Hunt On The Big 'Bust Out'

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The COVID Rebound

The company was absolutely failing, but there's a bit of a short squeeze. They bought back $600 million in stock. The CEO sells $5 million worth of stock grants into this renewed stock buyback program. Free cash flow goes negative. And then income dry and Cohen of GameStop fame.

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