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Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by sliverstorm on Wednesday November 01, 2017 @10:30AM (#15601430)
That report is so negatively biased it's suspicious.

There are ten-year high levels of shorts on AMD, so there's speculation about how much of the bursts of negative press you see is basically market manipulation to unload a position. It's one of the more volatile stocks today, which would seem to make it a possible candidate for that sort of thing.

Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by dbatten on Wednesday November 01, 2017 @10:56AM (#15601673)
Serious question: Is this even actually a thing that happens?

I mean, obviously, it stands to reason that the right actor with the right investment portfolio and control of the right media outlets could pull something like this off, but it seems that there are very, very few people/companies in that position.

In fact, the Jeff Bezos / WaPo / Amazon nexus is perhaps the only example I can think of where this sort of thing is even possible, let alone carried out.

Do you have examples? I'd genuinely love to learn.

Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by indubitable on Wednesday November 01, 2017 @11:57AM (#15602479)
The higher level you go, the less incentive there is. Take things down to a much lower level. For instance consider the ImClone insider trading case. Martha Stewart was a well known (among certain demographics) television personality, was on the board of directors of the New York Stock Exchange, and more. She risked, and lost, all that and ended up going to prison for acting on inside information. Her total gain was $45,673...

I think it's easiest to logically consider everything in reverse. Let's assume you're correct, that this sort of thing never happens. So that entails two possibilities. The first:

- No reporters, or individuals with the ability to influence what is written, have vested interests.

I think the above can be pretty easily dismissed as false. But if it's false we can assume at least some people have vested interests. Which leads to the next possibility:

- Those with vested interests choose to never actively utilize their position to further their interests

And again, I think we can pretty safely declare that's false. So it's not a matter of does it happen, but to what scale it happens. And that is going to be pure speculation. Although it would logically follow that the more people that a vested interest in event x, the more common the occurrence of biased media in favor of provoking x would be expected to be seen.

Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by tanderson92 on Wednesday November 01, 2017 @12:19PM (#15602742)
> She risked, and lost, all that and ended up going to prison for acting on inside information

That is not why she went to prison.

Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by r00fus on Wednesday November 01, 2017 @02:23PM (#15604053)
Pray tell, why then?
Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by diziet on Wednesday November 01, 2017 @03:17PM (#15604601)
The charge (amongst others) that caused her to serve time in jail was 18 U.S.C. ยง 1001 (making false statements to federal investigators).

The why was most likely insider trading allegations.

Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by Coffeewine on Wednesday November 01, 2017 @03:11PM (#15604535)
http://www.nytimes.com/2004/07/17/business/martha-stewart-s-...

> for lying to federal investigators about a stock sale that she called ''a small personal matter.''

Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by jimminy on Wednesday November 01, 2017 @12:26PM (#15602819)
It happened just a few weeks ago with Shopify and the Citron Report.

The Citron Report's author often finds stocks that have gone up, places shorts, and then promotes the idea that these companies are scams with no fundamental value. He's made a considerable amount of money doing this.

Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by dbatten on Thursday November 02, 2017 @09:01AM (#15609981)
Your description makes it seem more nefarious than it is.

This guy runs a blog about companies that he thinks are over-valued, and he shorts their stock. He's transparent about all of this. His readers / investors / the public know that he's likely short these stocks and that he makes a business of both using this investment strategy and blogging about it. They follow his advice at their own risk, with all of the information fully available.

There's a HUGE difference between that and getting into a position that you don't disclose, manipulating a media outlet into running coverage that appears objective but which is actually designed to do nothing but help your position, and then cashing out.

Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by jacquesm on Wednesday November 01, 2017 @01:22PM (#15603453)
That should land you in jail.
Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by mquander on Wednesday November 01, 2017 @03:15PM (#15604579)
No it shouldn't. The entire liquid stock market exists to make it possible for people to identify incorrect prices and make money by correcting them.
Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by sliverstorm on Thursday November 02, 2017 @02:48AM (#15608343)
Market manipulation through pseudo-libel is not quite the same thing as ordinary price discovery.
Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by agumonkey on Wednesday November 01, 2017 @03:11PM (#15604541)
Interesting, I didn't know that. Does this have a name ? a reverse insider fraud ?
Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by jacquesm on Wednesday November 01, 2017 @04:20PM (#15605096)
Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by agumonkey on Wednesday November 01, 2017 @04:24PM (#15605132)
Wow, there are quite a number of tricks to monitor. I don't know how they handle it in reality.

This seems a clear case of bashing .. and if so, it means the article is a compliment to AMD.

Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by sliverstorm on Wednesday November 01, 2017 @11:43AM (#15602321)
I don't have handy documented examples of private individuals successfully manipulating the market with news, but supposedly during the '07 crash the banks had the rating agencies keep the ratings for the collapsing subprime MBS's dishonestly high long enough for the banks to get out of their subprime MBS positions. Not exactly the same but very similar.

https://en.wikipedia.org/wiki/Subprime_mortgage_crisis#Inacc...

Re:AMD, which lost over $2.8B in 5 years, takes a hit after ... by jacamat on Wednesday November 01, 2017 @01:08PM (#15603316)
literally how the press works..