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It’s good when shorts find fraud (Nikola, Luckin Coffee) and then expose that fraud - it’s bad when there isn’t fraud and shorts push negative stories to try an
by fossuser 6y ago
It’s good when shorts find fraud (Nikola, Luckin Coffee) and then expose that fraud - it’s bad when there isn’t fraud and shorts push negative stories to try and manipulate the public market to save their position (or when the short position is actually being pushed by competitors failing to compete).
I think in the Tesla case people were annoyed at the latter, lots of stuff about Tesla’s success being impossible, model3 will never ship, etc. etc. - all of it total bullshit.
- vkou 6y ago> It’s good when shorts find fraud (Nikola, Luckin Coffee) and then expose that fraud - it’s bad when there isn’t fraud and shorts push negative stories to try and manipulate the public market to save their position (or when the short position is actually being pushed by competitors failing to compete). The same can be said about longs. Longs are bad when their holders try to manipulate the public market to save their position, by cheerleading the company's performance.