Hedge Funds Think More Can Be Juiced From Cupid
We have a feeling that ever since Whitney Tilson said he loves LOV (an online dating), everybody else just remembered (again) that they did not love it so much. If you did not figure it out, Tilson disclosed a long position in Spark Networks Inc (NYSEMKT:LOV), not so long ago. In UK, Cupid PLC (LON:CUP) happens to be the same thing as Spark Networks, both have personals websites that help in matchmaking. Cupid PLC Still Target Of Shortsellers Moving to the not loving online dating part, a couple of months ago hedge funds reaped high percentage of profits from betting against Cupid...
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