Bill Ackman made $2 billion shorting the market and then went long. Here's what he's buying

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

New for subscribers: Bill Ackman made $2 billion shorting the market and then went long. Here's what he's buying Check out CNBCPro for a free trial.

subscribers only. Bill Ackman's Pershing Square Capital plowed much of its profits from a big short against the market in March back into its core holdings and ended the first quarter with four equity positions worth at least $900 million, according to a securities filing released Friday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro Asshole. Should be in jail.

Pro He’s a crook

Pro When does the SEC investigate his tantrum on CNBC?

Pro Irresponsible. (Talking about *CNBC* and the part they played in this whole charade — and the live crying game that helped to tank the market in March.)

Pro And you let him whine on your show about how scared he was for the market when he was short all along!! Do your disclosures!

Pro While he was telling viewers he was buying stocks. Waaaaa. My daddy

Pro Quit putting him on TV

Pro He should be in prison for market manipulation. He cheated millions of people out of hard earned money by tanking the market intentionally. HOW IS THAT LEGAL?

Pro No doubt about that after ScottWapnerCNBC let him cry doom and gloom on air. You guys will never learn will you.

Pro Hey aren't you the guys that aired this fellow saying 'WE ARE ENTERING HELL' as the markets began to rebound?

Pro If he has already bought, will he sell as we buy?

Pro DMB ! Doom Monger Billionaire !

Pro CNBC still pumping Ackman, who gives a s about him.

Pro Why would I want to even consider what he says, maybe tomorrow he changes his mind again.

Pro He shorted the market and then panicked the market with his “the world is dying interview “. He should be in jail!

Pro The short was a hedge, its amazing to me that people on CNBC dont know what that means.

Pro Jerk

Pro They’re all playing a game the super rich can only play. It’s awful. While we all struggle the billionaires thrive

Pro Ackman is a dirtbag!

Pro I'm shocked. He went on CNBC back in March bashing the crap out of the market and he had a big short position. I dont believe it. Pretty sure I even tweeted that that day that this is stock manipulation

Pro “HELL IS COMING” “My Dad, 😭” Joke. BillAckman

Pro Slimebag

Pro A lightening rod for losers.

Pro Click bait BS...you can read it for a $29.99 subscription

Pro Why? Forget this dude

Pro U see his face... and in 1 second you can tell he is a p. Of shi..

Pro The guy who went on TV screaming the sky was falling ? As he was short ? Then went long after the market fell more ?

Pro What happened to 'hell is coming?' 🙄🙄🙄

Pro Hey!! Are you seeking to hire someone to help you with your business/personal tasks? Check out my gigs on fiverr Virtual Assistant: Email Scraping :

Pro IS HE STILL LONG JC PENNEY 😂😂

Pro F this guy

Pro This the guy crying on tv for grandma and grandpa?

Pro Why do I feel like anybody who reads this article is just gonna be triggered

Pro Charging to read an article about how ackman made billions shorting a market by coming on CNBC and crashing the market. Now that's rich

Pro Shorting ailing companies during a pandemic is the same as looting during wars. These companies have employees to pay. I bet these companies asked for a bailout, that means this guy looted our tax money indirectly. That’s what he’s doing, a cowardly act, nothing to brag about

Pro Should Bill Ackman be investigated by the SEC--

Pro Bill has one God - 💵

Pro After he used your network to do it. Shills.

Pro CNBC is so shameful!

Pro This guy dump and pump

Pro Time to give the honest people a chance and get people like Ackman more accountable for their self serving comments....transparency is a good thing CNBC!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Democrat stimulus bill slammed by bond king Jeff Gundlach - Business InsiderBillionaire bond king Jeff Gundlach slammed the Democrats' proposed new $3 trillion coronavirus relief bill — and said it would take total state aid to 'over 150% of Federal taxes' Tax rates for those who make fortunes off of pushing paper will undoubtedly go up so those types will not have to mow lawns and spread asphalt. Where were this genius billionaires warnings when trump’s administration was tanking our economy through ignorance? If Gundlach is farsighted, why no warning? Or maybe he’s just not that brilliant. Our economy will be better off if everyone eats. Bond profits, who cares? Guy hoarding money worried about others getting too much. There’s your corrected headline.
Source: BusinessInsider - 🏆 729. / 51 Read more »