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What's really interesting is seeing the same people sound the same alarms about extremely popular companies that continue to trade today, and yet our regulators
by tenpies 6y ago
What's really interesting is seeing the same people sound the same alarms about extremely popular companies that continue to trade today, and yet our regulators, auditors, and journalists all ignore them.
We really never learn. If I were a regulator I would be taking short seller statements extremely seriously when it comes from one of the proven reliable ones.
- deleted 6y ago[deleted]
- greenhatglack 6y agoThough I can't speak for regulators and auditors, you have to keep in mind that 99% of journalists are just hired guns who's sights are specified ahead of time. Since no one with power had their sights on Wirecard, nothing happened - it's not unexpected.
- AndrewBissell 6y agoJohn Carreyrou managed to take down Theranos despite the fact that Elizabeth Holmes appealed directly to the owner of his paper, who sat on her board.
- klyrs 6y ago> keep in mind that 99% of journalists are just hired guns who's sights are specified ahead of time. That's a pretty specific claim you're making. Got a source?