Trader in France Scores 3rd Victory in Short Selling Contest
LIFWMSP Recovery(LIFW) Gurufocus·2024-09-17 00:05

Laurent Condon, a professional stock trader in France, has won my annual short-selling contest for a third time. Condon scored a 99.7% gain on his entry from a year ago, Mullen Automotive Inc. (MULN, Financial), an electric car maker based in Brea, California. The stock has descended from $45 a share when the contest began to 13 cents a share as of Sept. 13. Short sellers gain when a stock falls. I call this contest Short Sellers Don't Have Horns, because I believe that short sellers provide a useful antido ...