No, it is not illegal, nor is it market manipulation. Nor is it illegal to report positively on companies you're long on. Everyone knows a hedge fund is talkin

No, it is not illegal, nor is it market manipulation. Nor is it illegal to report positively on companies you're long on. Everyone knows a hedge fund is talking its book. But that doesn't make its research or facts untrue. Short sellers writing reports is an important part of the way securities reach more accurate prices.