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Sunday, 08/11/2019 9:14:10 PM

Sunday, August 11, 2019 9:14:10 PM

Post# of 704237
Muddy Waters’ Block says Neil Woodford-connected companies are targeted by short sellers
By Steve Goldstein Published: Aug 8, 2019
https://www.marketwatch.com/story/muddy-waters-block-says-neil-woodford-connected-companies-are-targeted-by-short-sellers-2019-08-08?link=MW_latest_news

The holdings of embattled U.K. fund manager Neil Woodford are being targeted by short sellers, the head of Muddy Waters Research said Thursday after disclosing a short position that drove the company’s market value down by over half.
Carson Block, the founder of Muddy Waters, was interviewed on the BBC’s Today program about his decision to go after Burford Capital UK:BUR+11.84% a litigation finance firm.

“Well, for your listeners who might not know this, I’ll let them in on a secret—short sellers do definitely look for where Neil Woodford is invested, especially when he’s invested outside of large-cap value,” Block said. “He’s got a great track record in large-cap value, he does not have a great track record in life science and some of these smaller-cap stocks. “So there’s always the temptation to go looking at where he’s been invested,” Block said.

Hmmmm . . . it appears that someone on this board knew about this, and it could explain some of the recent selling pressure in NWBO.
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