does seem like a relationship to me and if so they likely have Cohen's liquidity close by. Rarely are these groups independent, they all eat from the same bowl, a very large one at that.
I just do not believe they have thrown in the towel. Wouldn't you be drunk with lust when you realize a very rare opportunity? Timing isn't the concern here its the inevitability of the obvious in the long run. Anytime GME shoots up due to retail exuberance, the probability of bearish plays go up. There's simply no fundamentals that justifies its price.
Benjamin Graham said something about voting machines and weighing scale...
Yes they have a relationship, it's known that Point72 has been an investor. That doesn't imply ownership or even majority stake. It's very common for funds to invest in other funds, just like it's common for large tech companies to have business development and VC arms.
does seem like a relationship to me and if so they likely have Cohen's liquidity close by. Rarely are these groups independent, they all eat from the same bowl, a very large one at that.
I just do not believe they have thrown in the towel. Wouldn't you be drunk with lust when you realize a very rare opportunity? Timing isn't the concern here its the inevitability of the obvious in the long run. Anytime GME shoots up due to retail exuberance, the probability of bearish plays go up. There's simply no fundamentals that justifies its price.
Benjamin Graham said something about voting machines and weighing scale...