{"id":55410,"date":"2016-11-28T08:52:15","date_gmt":"2016-11-28T13:52:15","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=55410"},"modified":"2016-11-28T08:52:15","modified_gmt":"2016-11-28T13:52:15","slug":"hedge-funds-give-nintendo-legs","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2016\/hedge-funds-give-nintendo-legs.html","title":{"rendered":"Hedge Funds Give Nintendo Legs"},"content":{"rendered":"<p>(Bloomberg) When consumers the world over started chasing Pokemon characters this summer, driving up shares of Nintendo, hedge funds were quick to hunt down short-selling opportunities. Those who timed it right were handsomely rewarded with a 26 percent drop in the stock over two weeks, more than enough to justify their two and 20. Now that Nintendo has rallied as much as 27 percent since its Nov. 9 intraday low, the shorts don&#8217;t seem so eager to bet against it.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/gadfly\/articles\/2016-11-28\/nintendo-rallies-as-hedge-fund-shorts-stay-away\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) When consumers the world over started chasing Pokemon characters this summer, driving up shares of Nintendo, hedge funds were quick to hunt down short-selling opportunities. Those who timed it right were handsomely rewarded with a 26 percent drop in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-55410","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=55410"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55410\/revisions"}],"predecessor-version":[{"id":55411,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55410\/revisions\/55411"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=55410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=55410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=55410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}