People here seems to be mentioning short sellers being connected to this research as if there's some sinister collusion going on. This is the entire point of sh

People here seems to be mentioning short sellers being connected to this research as if there's some sinister collusion going on. This is the entire point of short selling, and SEC encourages this type of activism. It allows people who can provide expert knowledge to profit off a trade if it can reveal damaging and legitimate information about a company For example, a short seller last year revealed (through extensive research), that Valeant Pharmaceuticals was stuffing its channels and faking its finances. He placed a huge sort sell and went public with the damaging info - tanking the stock from $270 to $12 and made a ton of profit off of it: https://www.nytimes.com/2017/06/08/magazine/the-bounty-hunte.. https://www.nytimes.com/2017/06/08/magazine/the-bounty-hunte.... Without this incentive, why would anyone bother to reveal damaging info? You're placing your self as a target with no reward. The payment is the natural balance of the market. So yes, this research firm is connected w a hedge fund, and they have a very vested interest. But that doesn't make their claim untrue