It becomes illegal when shorts have to disclose their position. Until then, it's just normal FUD. Tesla in particular gets the most of it because they don't spend much if anything on advertising.UBS is on CNBC pretty much every day now with some analyst spouting nonsense the their "tear-down". Now it's quality issues like missing bolts and uneven gaps.
At what point does this become illegal? I mean we have one entity paying a media outlet for airtime to spread obviously fabricated stories to move a stock price. There should be a clear line between "I feel this company is financially unsound" and "this car is falling apart".
not me. <smile> (the picture is over 0.41 century old)I apologize if I'm being rude here, but is anyone else creeped out by winfield's avatar?
am i supposed to tone it down? I may have a kitten picture somewhere, or tooting "you-nee-korn" or if i could figure out how to do animated GIF of the lion from seconds 10-13 ofI think that's Winfield.
Chanos concedes that the critics had one good argument: Short-sellers had hired a third-party researcher, Spyro Contogouris, who turned out to be a “bad guy” who engaged in unsavory behavior that confirmed the public’s worst suspicions of short-sellers. “As soon as we found that out,” Chanos says, “we fired him.”