Who is the main short basher here?This loud mouth, obnoxious, famous US Shorty pretty much admits abusing the Canadian stock exchanges. See the last paragraph. That can only last for so long before the games end. He is no chicken farmer, that's just a weak cover for the gullible.
From the Globe and Mail:
"Twenty five minutes into a profanity-ridden presentation at Jim Grant’s Fall 2016 Investing Conference in New York City, Marc Cohodes paused his speech to don a red jacket emblazoned with a maple leaf on the right breast.
So attired, the short seller proceeded to launch into his bearish theses for the collection of Canadian companies he’s betting against.
Mr. Cohodes, the former managing general partner at Copper River Management and current chicken farmer at Alder Lane Farm in California, revisited the cases for why he’s short Valeant Pharmaceuticals Inc., The Intertain Group Ltd., Concordia International Corp., and Home Capital Group Inc.
At the conference on Tuesday, he unveiled a short position in Equitable Group Inc., a Toronto-based provider of mortgage financing. The company disputes Mr. Cohodes’s claims about its vulnerabilities.
While Mr. Cohodes only manages his family’s account at this time, he was praised as “the highest-profile short-seller on Wall Street” by the New York Times back in 2001. He’s also one of the most rambunctious, having famously sparred with companies like Lehman Brothers, Overstock.com, Krispy Kreme, Adobe Systems, and Lernout & Hauspie, becoming well-known for his unusually blunt speech and theatrical antics that include throwing a penalty flag at an executive who refused to take his question.
Shares of Equitable tumbled in Toronto during the short-seller’s presentation and ended the session down 6.3 percent, helped on their way by measures to cool the real-estate market that Canadian policy makers had announced the previous day.
When asked why the Great White North has proved such fertile ground for short-selling, Mr. Cohodes highlighted the nation’s patchwork regulatory regime, which he dubbed the “alphabet soup bunch.” Oversight of financial institutions, he noted, is much less centralized in Canada than it is in the United States."