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Short sellers take positions because they believe stocks are overvalued, at least in the short term, and at least can be made to look that way with sufficient n
by thrill 6y ago
Short sellers take positions because they believe stocks are overvalued, at least in the short term, and at least can be made to look that way with sufficient negative marketing. When they share their market research with lots of adjectives, but oddly do not share any of the positives that a company may possess (and why would they?), then any investor acting on that one sided information has possibly done himself a significant financial disservice.
- guardiangod 6y ago>oddly do not share any of the positives that a company may possess Oddly? It's not the job of the investors to champion for the company. The short seller presented a report with research and evidences. Another party is welcome to produce their own report that 'share any of the positives that a company may possess.' For example, Nikola. Let the company presents its side of the story, then it's up to the market/public to decide whether the reports stand on their own merit.
- Apocryphon 6y agoSure, and what are the positives specific to Nikola?
- thrill 6y agoI hold no position in Nikola. Positives include them working in an area with potential large upsides, specifically trying to develop the use of Hydrogen where it's a good fit today, in long haul trucking. Future great places for it include shipping, sporadic power generation storage (wind and solar), etc. Batteries improve steadily, but so far nothing proven scalable and affordable doesn't involve significant amounts of limited lithium, meaning alternatives to battery systems are worth pursuing.
- ceejayoz 6y agoThat’s only a positive if they have something real in the works.
- Apocryphon 6y agoThose are all great pluses for what Nikola ostensibly is trying to do, but doesn't really speak to what they're able to do.
- EpicEng 6y agoThere are plenty of legitimate short sellers, and there are scumbags as well. Why _wouldn't_ they share the resesarch? Of course they're biased, they hold a position. Everyone knows that. It doesn't make them wrong.