Can anyone name a single, legitimate company that has ever been "taken down" by short-sellers? A company which had a great business going, but short-sellers ruined it? I don't even think it's possible.
On the other-hand, frauds brought down by journalists and short-sellers are abundant.
In my experience, CEOs (in this case, the board Chairman) whining about traders is a huge red flag. What do they care what a bunch of people are doing with their ownership in the company? It's irrelevant to the day-to-day operations of the company, but certainly harms the narrative.
On the other-hand, frauds brought down by journalists and short-sellers are abundant.
In my experience, CEOs (in this case, the board Chairman) whining about traders is a huge red flag. What do they care what a bunch of people are doing with their ownership in the company? It's irrelevant to the day-to-day operations of the company, but certainly harms the narrative.