Renaissance wrote: https://agoracom.com/ir/HPQ-SiliconResources/forums/discussion/topics/745180-clues-to-identifying-disinformation-campaign-on-hpq-bb-part-1/messages/2279030#message
Hi All,
I thought that I would write small notes exposing the often used lies used by trash and cash trolls.
Today Lie: “Shorts trading activities have no impact on a company share price …”
Studies have demonstrated that Canada is the only jurisdictions in the world were short are been given the easiest access to the market:
From McMillan Securities and Capital Market Bulletin of November 2019.
“The benefits and importance of short selling in providing liquidity and facilitating price discovery are undeniable. Short selling is critical to the vibrancy and efficiency of Canada’s relatively small capital markets. As a result, Canadian securities regulators and IIROC have historically taken a hands-off approach to short sales, ostensibly to preserve these benefits. This has happened even as securities regulators in other jurisdictions (such as in the United States under Regulation SHO) have enhanced their regulation of short sales, particularly following the financial crisis in 2008.
Based on our research, it is clear that IIROC’s largely non-interventionist approach and its focus on maintaining liquidity have made Canadian companies attractive targets for short campaigns. From 2015 to 2018 there was an increase in the number of short campaigns in Canada, while generally in other jurisdictions there was a decrease. Additionally, the number of short campaigns in Canada is utterly disproportionate to the size of our capital markets when compared to the United States, the European Union and Australia (as examples).
The reason for this seems clear: short selling regulations in Canada are out of step with regulations in those other jurisdictions - see Schedule A attached hereto. As a result of inherent weaknesses in the Canadian short sale regulatory regime, short sellers may well be attracted to the Canadian capital markets.”
To view the full report: LINK
Take away, just like the cockroach’s there are, it is in their own self-serving interest that predatory short trolls be very active, spreading lies on the BB, all the why pretending to caution long term investors, just asking “legitimate” questions in order to defend other investors from financial loss…
But in fact, their goal is simple, seed fear in the mind of investors so they can make money when the market moves down… That is what we call predatory trash and cash trading!
Regards,
Bernard Tourillon
CEO