RE:RE:A mess Lettuce...that only proves how succesful he has been in his business dealings....maybe if you bought CXR , you too can be the owner of a few cars , instead of the bicycle you own.
Lattice wrote: notwrong wrote: Aside from the panicky herd unknowingly doing the biddings of short sellers or pumpers, there are also big institutions, hedge funds, and professional speculators doing sector rotations to manipulate stock prices of different sectors by creating artificial supply and demand. The current depressed economy is especially beneficial to some unethical short sellers spreading rumours and spinning stories to create market chaos and muddy water to make money. Not a good time for retail investors.
nontwrong, Theranos, a private health company, could have used some short sellers. Perhaps 900,000 live per year would not have been put in jeopardy. The CEO, Elizabeth Holmes, was America's youngest self-made billionaire and the company had a $9 billion valuation last year...
but it has all blown up on her now and I hope the road is to hell.
I wonder if short sellers had revealed that the company's evalution was absurd, its health technology was fake, and that the CEO was a fraud if it the shorties would have been taunted as spreading rumors and spinning stories. Probably.
Notwrong, you need to get to know the name that you have owned for so long. Did you know that the CEO of CONcordia has 14 cars and a yellow lambo? Do you think that he is concerned that the company he put up for sale two months ago is near its 52 week low? Because I think that he is singing "100 bottles of Beer on the Wall" with his buddies on the jet about now.