You know there's a billionaire and a writer making
Post# of 39368
Customs and CoCo's, awaiting the Return of Cyber Shills..
Rarely will you find a 100m+ short position strategy based on "highly questionable/fictitious revelations" such as the one's employed here and now on KNDI.
Declining Sales, Lower margins, loss of market share, a new technology,a material change in government regulations sure to affect the business,macroeconomics, now that's real basis for a rising short position.
As I continue to hold my long position I'm finding the argument for the short becoming more and more outrageous.
CNBC Short Contest....??? Are you serious? You come in second in a short contest with KNDI,(Mostly by shorting it yourself, Karl, along with cuban and company) so it's time to short more, Really?
(Pass the short theme paperwork out, and let's talk)
I don't think so, And doing so would seem highly imprudent to me.
Here is the one shorts theme for shorting...
This is the Chinese reverse merger story short , rewritten as I'm saving your soul short.
Quote:I've seen these play out time and time again and it's quite depressing. You have a bunch of retail guys who put their life savings into one of these Chinese companies after they visit it and hear a compelling macro story. They then lose almost all of their investment which subsequently destroys the rest of their lives. You see guys who should stop working in a year or two and instead have to work the next 20 years to try and cover their losses so they can maintain their standard of living. If me typing some comments even helps ONE individual avoid that disaster then it's WELL worth it.
The repetitious short articles espousing the same overworked theme ad nauseam would frighten me as a short seller on KNDI. It begs the question, is there really reason to short?
The simple answer to that is no.
I'm sure I'll get the question, How can you say that bull,what makes you so sure.
I'm sure because here are best short situations....
Declining Sales, Lower margins, loss of market share, a new technology,a material change in government regulations sure to affect the business,macroeconomics. overwhelming competitor, or a combination of these. more the better for a short.
Good/Great short positions, never need to commission dozens of short theme articles that start with, Missing CoCo's or Cyber Shills.
They never have the need to engender an audience or following, Karl (CNBC). They never have to employ high speed computers with questionable algorithms to manipulate PPS.
A billionaire short will never call a KNDI long asking him to sell. You will never find a hedge fund manager, short KNDI, not wanting to discuss the fundamentals and just making unwarranted personal attacks.
Ok, you might find 1 good case where this all occurred, it's HLF and Bill Ackman... Bill spent 50 to 100m dollars just trying to make a case. If you're short and you need a dog and pony show, it's over. Time to cover and go long.
BULL