I would like to add some thoughts from an article by Yahoo Finance
Beware Fake News
Soren Kierkegaard, the Danish existentialist philosopher once remarked, “Geniuses are like thunderstorms. They go against the wind, terrify people, clean the air.”
Short-sellers often perform a similar function. Although they certainly are not all geniuses, their incisive analyses can swirl through the financial markets and terrify investors for a spell, while cleansing the air of misinformation and/or fraudulent behavior.
Because these financial thunderstorms can strike an individual stock like a thunderbolt, they usually singe every investor who happens to be in the vicinity.
Not surprisingly, therefore, short-sellers are about as welcome on Wall Street as a thunderstorm at a garden wedding. To put it bluntly, most folks hate short-sellers.
I don’t. I hate the misinformation and/or deception that causes investors to make ill-informed decisions…
Steel Yourself Against the MisinformationSee: https://finance.yahoo.com/news/fake-story-tanks-eric-fry-222706543.html
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