...and probably has been since the first time they tried shorting TSLA. To say it's about news flow (which Citron is trying to be a part of) is just weak. Their real trouble will begin when the Giga factory comes online.
Founded in 2015, Redstone is a financial services firm that provides global, proprietary technology equity research at a fixed-cost subscription to institutional investment professionals across geographies, strategies and AUM magnitudes. (This was taken directly from the web page)
No one announces 3 months ahead of time that they are going to short a group much less name names. What he just told you was this; Fleck Cap took a leaseback share position in SkyW they must close by 8-21. That date coincidentally coincides with what will be Avago's run-up into earnings and SWKS next catalyst. Shorting SWKS or AAPL going into Christmas is pretty stupid and I'm assuming he's not that dumb, he just thinks that YOU are. This move down is weak and being exercised by a very conservative algorithm. Relax.