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Would love more details, since shorting a stock when you know about a critical product vulnerability sounds like "material nonpublic information" to me which wo
by habosa 9y ago
Would love more details, since shorting a stock when you know about a critical product vulnerability sounds like "material nonpublic information" to me which would make this insider trading.
- anitil 9y agoThe article was very light on details. I wonder if this is more along the line of finding an exposed database in the wild, or tracking down OEM suppliers and buying samples. It's hard to love people doing this, because they could have disclosed this privately, but I think it _is_ fair to impose a high cost on not ensuring security, and this is one way of doing that.
- anitil 9y agoWow MuddyWater's page looks terrible, but the report can be downloaded here : http://www.muddywatersresearch.com/research/stj/mw-is-short-stj/ http://www.muddywatersresearch.com/research/stj/mw-is-short-... You have to agree to some ... interesting ... terms of use including not to distribute the link above, but I guess that ship has sailed.
- maxerickson 9y agoInsider trading only applies if the information comes from within the company. You're free to discover flaws in products and trade ahead of announcing them.