Time To Sell This Burry Pick After A 100% Run?

We wrote up this Burry penny stock pick on May 23rd, 2023. Since our write up the stock is up 100%. Given Burry’s strategy as a mean reversion deep value investor, we think he has likely sold this entire position and recycled the capital into other cheap stocks.

In this article we will be going over the following:

• The original thesis of this company and why Michael Burry bought this penny stock

• Why we think Burry likely sold the entire position and recycled the capital into other cheap stocks

• What the deep value Michael Burry approach is and how to find stocks like Michael Burry

• A list of 27 stocks that could potentially be Michael Burry stock picks the next time he files his 13-F. ( in 2 weeks)

Burry made his name shorting the housing market in 2009. But before Burry became a famous macro short seller, he was putting up double digit returns buying cheap stocks. Post the housing crisis, Burry continues to generate strong returns by purchasing cheap stocks.

We follow Burry closely as his stocks picks align closely with our internal strategy.

1. Buy cheap stocks

2. Don’t lose money

3. Sell cheap stocks when they re-rate

4. Recycle our capital into more cheap stocks

Let’s dig into why we think Burry might dump this stock after a 100% run and figure out what stocks he likes now. It is time to front run Burry.