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A comment on Japan's Most Actively Traded Stock Is a Fraud and Ticking Time Bomb [pdf]. Parent comment

Re:Japan's Most Actively Traded Stock Is a Fraud and Ticking... by vasco on Wednesday June 05, 2024 @04:18AM (#40582591)
Not necessarily. The target company almost always complains about manipulation, because of course they do. But even Herbalife, a clear pyramid scheme, shouted "we're being manipulated!", when people published research saying they were a pyramid scheme.

I don't know this Japanese company so I don't know in this case.

https://www.google.com/amp/s/www.businessinsider.com/bill-ac...

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Re:Japan's Most Actively Traded Stock Is a Fraud and Ticking... by fshbbdssbbgdd on Wednesday June 05, 2024 @12:39PM (#40587088)
A good example of how the market can remain irrational longer than you can stay solvent. Just because Herbalife is morally a pyramid scheme doesn’t mean the FTC was going to shut down the company. Herbalife stock went up and Bill Ackman exited his trade at a loss after five years. When Herbalife stock finally crashed last year, Bill Ackman declared victory for his “psychological short”.
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