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Bullboard - Stock Discussion Forum Lightspeed Commerce Inc T.LSPD

Alternate Symbol(s):  LSPD

Lightspeed Commerce Inc. provides a one-stop commerce platform, which helps merchants to simplify, scale, and provide customer experiences. The Company’s products include Point of Sale, Payments, eCommerce, Inventory Management, Advanced Marketing, Lightspeed Insights, Scanner, Integrations, API, Workflows, Service Orders, Capital, B2B Catalog, Pricing, Point of Sale, Order Anywhere, Advanced... see more

TSX:LSPD - Post Discussion

Lightspeed Commerce Inc > DOJ in US Launches Investigation on Short Selling
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Post by PES2021 on Dec 10, 2021 1:40pm

DOJ in US Launches Investigation on Short Selling

BNNBBL just announced that the DOJ in the US is launching an investigation on short selling. Hopefully they uncover the organized fraud including the law firms.
Comment by PES2021 on Dec 10, 2021 1:58pm
The DOJ is targeting Hedge Funds...launches extensive prob into short selling of research firms and others including banks.
Comment by TheeRook on Dec 10, 2021 4:27pm
Careful what U wish for.  The SEC is investigating many companies for fraud that were targets of short sellers.  Besides without shortsellers U do not get explosive short squeezes.     LSPD only went as high as it did because of the shorts. *Workhorse accused of fraud and is facing an SEC investigation Workhorse is the latest EV startup to become a target of short ...more  
Comment by jboom70 on Dec 10, 2021 6:00pm
Problem is shorting is different now. Take a short position and hold it until you think it time to cover, I'm ok with that. Short and dump in the morning then cover in the afternoon, day after day. I'm not ok with. Also dumping shares at resistance levels on th 1 hr chart I'm not ok with.
Comment by equityresearch on Dec 11, 2021 11:55am
Agreed. Based on news articles, “Government attorneys are trying to determine whether short sellers engaged in some form of deception -- say, by misleading the public about their financing of what appears to be independent research, violating confidentiality agreements with authors, or orchestrating stock plunges to panic shareholders and exacerbate selling.” Typical tricks used by short ...more  
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