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What is stopping Melvin Capital from lying about closing their position in order to deflate the stock price so they can actually close out their short position
by __turbobrew__ 6y ago
What is stopping Melvin Capital from lying about closing their position in order to deflate the stock price so they can actually close out their short position when they are due this coming Friday?
- imtringued 6y agoYeah that is basically it. If you are safe why report on it? You don't gain anything. If you are in danger then a little lie doesn't hurt because even a tiny chance of success could mean billions of dollars for you.
- deleted 6y ago[deleted]