BIG burrendong minerals limited - withdrawn

Hatred and Jealousy, page-80

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 704 Posts.
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    There is nothing wrong with buying a stock and then pointing out a piece of positive publicly available information to others - people do it in HC every day whether it's sharing news articles, analyst research or comments from other companies or industry bodies.

    Similarly, there is nothing wrong with going short a stock and then highlighting bad news i.e. what is detailed in the OM report to others - this may include a journalist. Hedge funds do this regularly and I'm sure that is what occurred here.

    If the information is non-public or shorting occurred purely because there was knowledge that a negative article was coming then that is potentially illegal but there is no evidence that this is what occurred - you seem to be assuming this is a fact?
 
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Currently unlisted public company.

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