2 ms·
The criminal complaint posted above alleges that he was not truthful, which presumably a 'reputable' activist short selling firm would be. The other difference
by recursivecaveat 9mo ago
The criminal complaint posted above alleges that he was not truthful, which presumably a 'reputable' activist short selling firm would be. The other difference I suppose would be buying positions with horizons longer than 1 week, so that you are exposed to the actual fundamental performance of the company instead of just the immediate reaction to your publicity.
> To maximize the impact of Citron’s commentary on
the price of a Targeted Security, defendant LEFT bolstered Citron’s
credibility through false and misleading statements about its
research staff, process, independence, external investors, and economic incentives.