4 ms·
He is one of the best investors in pharma. Started out as a teenager in hedge funds. Famous for shorting biotech and earning millions.
by desuvader 11y ago
He is one of the best investors in pharma. Started out as a teenager in hedge funds. Famous for shorting biotech and earning millions.
- gnoway 11y agoThe article said he had a reputation for getting on forums, etc. and trashing stocks that he was also shorting. Seems like a form of pump and dump to me, if he really had that reputation it's surprising he hasn't gotten into more trouble.
- gnoway 11y agoI looked this up, it's actually called 'short and distort'
- crdoconnor 11y agoWhen he shorted biotech he triggered the price fall by launching a complaint with the FDA I believe. Sort of the opposite of pump and dump.