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Short Seller "Citron" is being Sued

Discussion in 'TSLA Investor Discussions' started by Jackl1956, Dec 24, 2014.

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  1. Jackl1956

    Jackl1956 Active Member

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  2. hockeythug

    hockeythug Active Member

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    Early Christmas present
     
  3. Jeeps17

    Jeeps17 Cath Jockey in a P85

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    Looks like they are indeed "lemons" (= citron in french)...
     
  4. flankspeed8

    flankspeed8 Member

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    good! This kind of fraudulent manipulation is what makes it so hard to invest in prominent next generation companies. I have seen this with Apple, which certainly is not immune. Amazing how a tweet can cause $5-6 billion market cap movement.
     
  5. jhm

    jhm Well-Known Member

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    Another article with a little more context, http://www.valuewalk.com/2014/12/citron-research-targeted-hong-kongs-sfc/

    It seems the Asian markets have much to gain by cracking down on malicious short sellers. It is very hard for investors in the west to get good information on asian companies. So the environment is ripe for manipulative short sellers to practice deception. I tend to avoid Chinese companies for just this reason.
     
  6. MSMike

    MSMike Member

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    Excellent news. I hope our SEC is targeting those who do the same.
     
  7. Lessmog

    Lessmog Active Member

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    And it wouldn't be a decade too soon, too.
     
  8. Grendal

    Grendal SpaceX Moderator

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    There are a lot of commenters out there that post an awful lot of FUD with no reasoning to back their campaign against Tesla. This might explain a few of them.
     

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