4 ms·

>I believe you're wrong about loud short sellers in general not being able to destroy the prospects of a company that would succeed in their absence. You belie

>I believe you're wrong about loud short sellers in general not being able to destroy the prospects of a company that would succeed in their absence. You believe I'm wrong, but can't name a public company that had its prospects destroyed by a short-seller? I take issue with that. >I did follow the short campaign against Tesla closely from 2014-2018. And that project was vicious. What leads you to believe that this is a "done-deal", and that Tesla has "won"? There are still many open questions about this company. Did you know that the Wirecard fraud went on for a decade, and even the German financial regulators were going after journalists and short-sellers to protect the company? And it was a huge fraud. Now that it's out in the open, it's a very interesting read: https://www.ft.com/content/745e34a1-0ca7-432c-b062-950c20e41f03 https://www.ft.com/content/745e34a1-0ca7-432c-b062-950c20e41...

marvin 6y ago
Nothing is ever a done deal. I'd wager money that Tesla will never drop below a market cap of $50 billion again, which is plus/minus 50% an OK definition of "succeeding" for the sake of my argument -- when seen against the narrative in the 2014-2018 timeframe -- but the prospect of a company is always probabilistic, and I'd never act in conflict with that understanding. It's only in reterospect that most will erroneously be convinced that the outcome was certain. You can't prove a negative, and I was clear that I don't have the historic knowledge to provide good candidates for what you're asking. They certainly exist; sibling commenters have made some attempts. I made this comment because I didn't want your implied statement of "if you can't mention a specific name, you're wrong" to stand without providing a reasoned counter-argument.

4 ms·

>I believe you're wrong about loud short sellers in general not being able to destroy the prospects of a company that would succeed in their absence. You belie

by itsoktocry 6y ago

marvin 6y ago
Nothing is ever a done deal. I'd wager money that Tesla will never drop below a market cap of $50 billion again, which is plus/minus 50% an OK definition of "succeeding" for the sake of my argument -- when seen against the narrative in the 2014-2018 timeframe -- but the prospect of a company is always probabilistic, and I'd never act in conflict with that understanding. It's only in reterospect that most will erroneously be convinced that the outcome was certain. You can't prove a negative, and I was clear that I don't have the historic knowledge to provide good candidates for what you're asking. They certainly exist; sibling commenters have made some attempts. I made this comment because I didn't want your implied statement of "if you can't mention a specific name, you're wrong" to stand without providing a reasoned counter-argument.