: ‘Squashed like a bug’: Distressed-bond manager makes a multibillion-dollar options bet against Tesla and more | August 22, 2022

Scott Burg, the chief investment officer of Deer Park Road Management Co, who made the prediction...  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Monday, August 22, 2022 = [StockWireNews]( [3 Tiny Stocks Primed to Explode]( The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential. We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns. [Click here for full details and to join for free.]( SPONSORSHIP = [MarketWatch](=) [: ‘Squashed like a bug’: Distressed-bond manager makes a multibillion-dollar options bet against Tesla](=) Scott Burg, the chief investment officer of Deer Park Road Management Co, who made the prediction that Tesla would be "squashed like a bug" in a 2020 tweet, bought put options on almost 4.8 million Tesla shares during the second quarter, according to a regulatory filing this week, Bloomberg and Barron's reported. [Read More](=) [All Star Charts - JC Parets]() [A Brief Note on a Meme Stock Massacre]() The 13D that has everyone’s attention today is not going to be on our list. That’s because we’re looking for insider buying, not insider selling. Which brings us to meme stock master and Gamestop $GME Chairman Ryan Cohen. Cohen filed a 13D yesterday revealing he’s completely cashed out of Bed Bath & Beyond $BBBY. 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[Get your free portfolio today before it's too late.]( SPONSORSHIP [Yahoo Business]( [Weber stock enjoys best day ever as traders bet on it being the next meme stock]( Weber Inc. shares enjoyed their biggest daily bounce ever Thursday, on record volume, as investors seemed to bet on the grill maker becoming the next meme... [Read More]( [Yahoo Business]() [Tesla Short Scott Burg Makes Multibillion-Dollar Bet Against Elon Musk's Firm]() (Bloomberg) -- While Elon Musk has plenty of Wall Street detractors, Scott Burg may be the first distressed-bond manager to make a multibillion-dollar options bet that Musk’s Tesla Inc. will be “squashed like a bug.” Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeUkraine Latest: Car Bomb Probed; Zelenskiy ‘Cruel’ Week... 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These signs suggest a possible end soon. [Read More](=) = [Yahoo Business](=) [Powell Has Chance to Reset Market Expectations at Jackson Hole](=) (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergUkraine Latest: Russian Diplomat Sees No Mediated End to WarPowell Has Chance to Reset Market Expectations at Jackson HoleUS Mortgage Lenders Are Starting to Go BrokeRecession Fears Set to Split Stocks and Bonds... [Read More](=) [MarketWatch]() [Dow Jones Newswires: DOJ calls for independent examiner in Celsius bankruptcy case]() The Justice Department's bankruptcy watchdog asked a judge Thursday to appoint an independent examiner in crypto firm Celsius Network LLC's chapter 11 case, saying in a court filing that a neutral party needs to investigate allegations of gross mismanagement and incompetence. 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