FAST FIVE: GameStop Shares Rise After Reports Carl Icahn Holds 'Large' Short Position

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You don't go out and get a roomful of people to badmouth the company.

If you want to be in that business, why don't you go out and join the SEC?” Adding that Ackman could face “the mother of all short squeezes” by announcing his major short position, giving other traders something to shoot against.

Of course, GameStop is different as it was at the center of the massive short-squeeze in early 2021 that left various major (short) hedge fund managers bleeding heavily.

The early response to Icahn's short on social media was relatively measured.

More than one-fifth of GameStop's shares available for trading are currently sold short, according to data compiled by S3 Partners, more than double the level seen this time last year.

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