In the below video, I explain what's going on with Michael Burry and Scion Asset Management, the hedge fund he runs. According to the most recent 13F, Burry liquidated 12 positions and kept only this single stock, Geo Group (NYSE: GEO), long. Why is he holding this stock? Is Geo stock a buy now, or is it simply a trade? Watch the video below to find out.
*Stock prices used were from the trading day of Aug. 16, 2022. The video was published on Aug. 16, 2022.
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