$Blackstone Group LP(BX)$ $Blue Owl Capital Inc.(OWL)$ Blue Owl's parent company, OWL, is being targeted as a proxy for sector shorting.
When BX announced its partnership/project with GOOG, they shorted Blue Owl instead of BX.
BX has very low short interest. Blue Owl has over 20%.
They're all targeting Blue Owl because it's been at the forefront of all the negative press, making it easy to report "OWL down __%." This way, they can influence the whole sector.
OWL is one of the most shorted financial stocks right now, and everyone is watching it for a sentiment reversal.
If OWL doesn't go up, nothing goes up.
OWL has similar data center projects in the pipeline, and headlines are coming.
Holding and printing money.
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