3 ms·
There is history of short sellers driving businesses to bankruptcy and so yes, they do damage.
by pkphilip 5y ago
There is history of short sellers driving businesses to bankruptcy and so yes, they do damage.
- gruez 5y ago>There is history of short sellers driving businesses to bankruptcy and so yes Can you list some companies?
- peterbonney 5y agoHeck, can he list even one company?
- pkphilip 5y agoViragen which was working on the anti-cancer Multiferon treatment which was showing a lot of promise? https://www.biospace.com/article/releases/viragen-inc-multiferon-r-shows-potent-activity-in-preventing-the-progression-of-malignant-melanoma-study-to-be-published-/ https://www.biospace.com/article/releases/viragen-inc-multif... They were forced to shutdown by short sellers: https://www.bizjournals.com/southflorida/stories/2002/04/08/story1.html https://www.bizjournals.com/southflorida/stories/2002/04/08/... Others have managed to stay alive by the skin of their teeth: https://marker.medium.com/i-run-a-public-company-5b6347fc0b1f https://marker.medium.com/i-run-a-public-company-5b6347fc0b1...
- djbebs 5y agoA company with no revenue, no profits and no cash reserves or way to borrow them? Short sellers didnt drive them to bankruptcy, they did it all by themselves.