Firefly Value Partners Discusses Thinly Veiled Short Target

The long-short hedge fund manager has made big bucks betting against specialty retailers.

It’s no secret that in their written communications, hedge funds rarely disclose what stocks they’re shorting. Some will tell clients over the phone.
However, one long-short hedge fund firm uses thinly veiled language in its third-quarter letter to clients to argue that a well-known specialty retailer that has been around for more than 50 years will go out of business.

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