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They don’t unless they fabricate news that drives their cost of capital up in a significant way (they were never successful in doing so). “Fighting” short-selle
by cliftonk 5y ago
They don’t unless they fabricate news that drives their cost of capital up in a significant way (they were never successful in doing so). “Fighting” short-sellers is something generally only seen with CEOs committing serious fraud so the wall st careerists were all but certain Tesla was a fraud by behavioral pattern recognition that had been working for entire careers. They were wrong, of course, but Elon’s focus on “shorts” was a hugely massive waste of his attention and completely unnecessary. The way you “fight” shorts is by executing and ignoring them.
- Mountain_Skies 5y agoShort sellers can also lobby the government for policy changes and enforcement actions that harm the company they've shorted.
- FooBarBizBazz 5y agoI understand that so-called "activist" shorts will send private investigators and paparazzi after CEOs, manufacture sexual harassment charges, and all kinds of really dirty stuff.