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Sarepta Therapeutics, Inc. Message Board

  • hokiesscott hokiesscott Nov 6, 2013 9:54 AM Flag

    question

    As a noob in the investing game.....How is this legal for someone who discloses having a short position in SRPT to write negative article after negative article with the clear intentions of dropping the stock price for their own benefit? Is this not stock manipulation? Just curious.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Its legal since he's risking his investment by being short the stock. What if GSK announced a buy-out today?

    • I feel sorry for those that believe these 'news' sites - they do so at their own risk. But to the extent that the sites *can* scare (or hype) enough inexperienced buyers, could they have some influence? A question for bigger brains than mine.
      On the other hand, if you really believed a company was going up (or down) - wouldn't you establish such a position, and you might write about it - share your views, express yourself, try to convince yourself you were right, even... So there's room for genuine intent, among the hypers and bashers. It's all about how well you and I can differentiate between useful info and deliberate misrepresentation of facts to suit an agenda.

      Sentiment: Hold

    • It's sad but it's true. I have seen many times where a news group that has decent influence will short a stock and then release an extremely negative article. The stock tanks and they cover. Look at QCOR and see what happened to them with streetsweeper. There are other groups that do this to stocks. Now you know why the little guy doesn't trust wall st

 
SRPT
21.88+0.31(+1.44%)Jul 22 4:00 PMEDT

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