Re:How a 25-Year-Old Investor Spurred Lumber Liquidators’ Pl...
by dankohn1 on Wednesday March 04, 2015 @10:38PM
(#9149094)
Thank you for the post and here's hoping for a speedy recovery for your whole family (and the Chihuahua).
I have sold short stocks in the past that I have believed were fraudulent (and they always eventually went to zero, although riding them there can be a challenge).
But I think your story represents the best example I've ever seen of how short sellers have an incentive to add information to a market, and how this can make participants better off.
I have sold short stocks in the past that I have believed were fraudulent (and they always eventually went to zero, although riding them there can be a challenge).
But I think your story represents the best example I've ever seen of how short sellers have an incentive to add information to a market, and how this can make participants better off.