Casey Newtoni mean, what are the odds that Jack Dorsey’s. Block is NOT as badly managed as Jack Dorsey’s Twitter was https://www.nytimes.com/2023/03/23/business/dealbook/hindenburg-block-jack-dorsey.html
Zac@caseynewton How is it legal for short sellers to shit talk the companies they short? And why do these "reports" keep getting published?
Brad
@Bivlo If you don’t actually know you could just say that
@lolzac I was hoping you would think about it for at least 8 seconds.
they have the right to publish what they want, as long as it isn't malicious.
Also, they were right about Nikola. Their reputation matters.
It's all very transparent: everyone knows they want the stock to tank, so the dirt they publish better hold up. There's no guessing about their intentions.
It's a more pure profit motive than journalism.
As long as they aren't straight up lying, what is the legal issue?
they have the right to publish what they want, as long as it isn't malicious.
Also, they were right about Nikola. Their reputation matters.
It's all very transparent: everyone knows they want the stock to tank, so the dirt they publish better hold up. There's no guessing about their intentions.
It's a more pure profit motive than journalism.
As long as they aren't straight up lying, what is the legal issue?
Andreas@lolzac @caseynewton Freedom of speech for one.
And as the specific short-seller has been accurate so far, my bets would be on them rather than on Block.
@ixs @caseynewton The SEC Quiet Period would like to talk to you about your misunderstanding of “Freedom of Speech”
@lolzac @caseynewton As the research company in question is not offering the security but is just an unrelated but interested party, no SEC rules apply to them.