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A comment on Nikola Denies 'Fraud' Allegations, Threatens Legal Action Against Short-Sellers. Parent comment

Re:Nikola Denies 'Fraud' Allegations, Threatens Legal Action... by sokoloff on Sunday September 13, 2020 @11:08AM (#24461314)
If Hindenburg is correct, I believe they provided a valuable information service to market participants by researching, writing, and releasing that report.

It happens that the economic incentive arose from shorting, but could have just as easily come (less efficiently) from buying naked puts.

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Re:Nikola Denies 'Fraud' Allegations, Threatens Legal Action... by cwhiz on Sunday September 13, 2020 @11:18AM (#24461387)
I don’t think options should exist, either. Hindenburg is just doing journalism.
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Re:Nikola Denies 'Fraud' Allegations, Threatens Legal Action... by bjl on Sunday September 13, 2020 @02:43PM (#24462967)
Shorting serves a valuable purpose. It removes capital from the hands of people stupid enough to believe fraudsters, and reallocates it to people who dont. The whole purpose of markets is to facilitate the efficient allocation of capital, and shorting is clearly an important part of that.
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