Re:Nikola Denies 'Fraud' Allegations, Threatens Legal Action...
by samizdis on Sunday September 13, 2020 @01:01PM
(#24462221)
There's also a nicely written Forbes piece [1] from January, which focuses on the then-current Tesla situation, but which also references the Bill Ackman v Herbalife short battle.
Another, perhaps ultimate, persuader of the value to markets/investors of short-selling would be Michael Lewis's book, The Big Short [2]. An often overlooked point about short-selling is that it is frequently done, and it was certainly so in this case, in demonstration of utter conviction that the masses are being duped; rather than as some calculated bet against a single company.
Another, perhaps ultimate, persuader of the value to markets/investors of short-selling would be Michael Lewis's book, The Big Short [2]. An often overlooked point about short-selling is that it is frequently done, and it was certainly so in this case, in demonstration of utter conviction that the masses are being duped; rather than as some calculated bet against a single company.
[1] https://www.forbes.com/sites/amiyatoshpurnanandam/2020/01/13...
[2] https://en.wikipedia.org/wiki/The_Big_Short
[slight edit for grammar/readability]