Lifeist Wellness Inc (NXTTF)

[DGStocks]

Andrew Left, head of Citron Research short sellers, has been found guilty by Hong Kong’s Market Misconduct Tribunal of publishing a “false and misleading” report in 2012 about Chinese developer China Evergrande Group.

Andrew Left is Shorting Tilray!!


The maximum penalty for the misconduct is a ban from trading Hong Kong’s stocks for up to five years and have to hand in the profit he has made. The tribunal will issue its ruling at a later date, according to the tribunal ruling report released on Friday.

This is the first time the Hong Kong tribunal, chaired by Mr Justice Michael Hartmann, has made a ruling against a short seller report, and also marks the Securities and Futures Commission’s first such action against activist short-selling firms.

Short sellers sell borrowed shares and then buy them back at lower prices, pocketing the difference. They find holes in the books of listed firms and then rely on securities traders and the media to spread the word.


YOU ALL HAVE TO SERIOUSLY GET YOUR HEAD OUT OF YOUR ASS! Do you not see they want cheap Namaste shares? And they Tweet about Tilray dropping? Why dont they go ahead and say Tilray is a scam too? Price target .50?

STOP LISTENING TO IDIOTS! Seriously I thought we had smarter Namaste Investors.