Respectfully, I don't understand why there SHOULDN'T be talk about shorts. Again, I'm sure there was some profit taking. But there also was a short attack. As we know, shorting in and of itself is not illegal. However, a Short & Distort scheme is a form of securities fraud. You can read a case example of another pharmaceutical company that was the victim of one, which the SEC actually pursued:
https://www.sec.gov/news/press-release/2018-190
Here's an article discussing how much financial damage this can cause:
https://www.smh.com.au/business/markets/caugh...56ksl.html
We all know there have been completely coordinated bogus hit pieces from sleazy outlets like Citron and Seeking Alpha, but even the Wall Street Journal was involved in one of these campaigns. And they are always timed with a massive influx of message board bashers who try to spook people into selling their shares. I don't know to tell you. You can complain about all the talk about shorts. But when what they're actually involved in is financial fraud, I don't know anyone wouldn't be really pissed off about it. Like, REALLY pissed off.
https://www.sec.gov/news/press-release/2018-190
Here's an article discussing how much financial damage this can cause:
https://www.smh.com.au/business/markets/caugh...56ksl.html
We all know there have been completely coordinated bogus hit pieces from sleazy outlets like Citron and Seeking Alpha, but even the Wall Street Journal was involved in one of these campaigns. And they are always timed with a massive influx of message board bashers who try to spook people into selling their shares. I don't know to tell you. You can complain about all the talk about shorts. But when what they're actually involved in is financial fraud, I don't know anyone wouldn't be really pissed off about it. Like, REALLY pissed off.
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