Is it against the law to short a company and then get on CNBC and bash the heck out of that company? Obviously, that is what Chanos did and the stock dropped like a rock. Although it looks like people are getting smarter as the LNG seems to be recovering nicely.
According to him, LNG is a disaster waiting to happen. That man should be in jail!
It's probably Chanos shorting the hell out of it and then getting on CNBC and saying what a disaster RKUS is like he did with LNG. People are starting to wise up, though.
I seriously think that the fed can't raise interest. WHY? Because then that would also add to the deficit which is already a trillion dollars a year. The threat is always there, but it hasn't happened yet. THE TRUTH IS, we can't afford it.
that the situation in china is only temporary. He shorts the hell out of a stock and the gets on CNBC and jumps on the bandwagon. There are enough fools out there to listen to him for awhile. Then in the middle of the stream he will flip and go long. I've seen this so many times it stinks.
Obviously, he doesn't have a life. I wonder if he is a teeny bopper that just likes to bother people. I agree. He has nothing to say.