“I've been short a while. The stock is down 60% for the year. ... the slightest good news can cause a counter-rally.”

Steve Eisman · The Real Eisman Playbook · Q3 2026 Market Recap: Energy Up, Utilities Crushed, and Software Flipped | The Weekly Wrap

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What was described

shorted FICO after the stock fell 60% for the year, betting a small positive news trigger would cause a rally

down 60% for the year

Said nearby on the same subject

“He sold his position at a loss, freeing up roughly $500,000 to bet against Moderna by buying put options ahead of the trial results. Perfect timing for Togi. Shortly after, the results were leaked and the stock crashed by 26%.”
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Said on TBPN
Pricing bought puts freeing roughly $500,000; stock crashed 26% intraday, 18% … Share this moment
“I sold my position after a steep decline in the stock, followed by the CFO resigning.”
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Steve Eisman
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“He bet all the million dollars into a stock of MercadoLibre… went public at $18 per share and quickly rose to around $80… position became worth approximately $4 million.”
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Marc Stad
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How they work $1 million invested → $4 million position; half profit ≈ $2 million Share this moment
“We're short Caterpillar… the stock's at 40 times… it's hard to see how that's six or eight years… probably more like three or four years”
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Said on Monetary Matters with Jack Farley
Why it worked 40× earnings multiple Share this moment

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