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> These short sellers were trading on publicly available information. We're talking about positions that were opened right before the FT article was published.
by gridlockd 6y ago
> These short sellers were trading on publicly available information.
We're talking about positions that were opened right before the FT article was published. The FT article included allegations by an insider, it wasn't only public information.
Granted, there was also publicly available circumstantial evidence that things were fishy at Wirecard.
Either way, these short sellers weren't convicted, that doesn't mean they shouldn't have been investigated.
- vonmoltke 6y agoThe earliest article I can find from the FT that references insider allegations of fraud is https://www.ft.com/content/03a5e318-2479-11e9-8ce6-5db4543da632 https://www.ft.com/content/03a5e318-2479-11e9-8ce6-5db4543da..., which was published almost three years after the report referenced in the Yahoo article. What article was this supposedly timed with?