InvestorsHub Logo
Followers 17
Posts 736
Boards Moderated 0
Alias Born 02/10/2014

Re: thegreencandle post# 54690

Thursday, 05/11/2023 11:10:15 AM

Thursday, May 11, 2023 11:10:15 AM

Post# of 54907
What are your thoughts on cellar boxing? Where a company is targeted to be shorted to absolute shit (using legal -or otherwise [and hiding such activity within required reporting periods]- means) on any shaky premise that short sellers can twist a narrative out of before driving the stock into bankruptcy so they NEVER have to close their positions?

Biotechs are attractive targets for this kind of activity because their bread and butter is in the hard sciences (not you theranos et al) so it's difficult for investors who don't have a very focused intense education in the field to determine for themselves whether a company's technology has potential... they have to rely on the company's marketing or, their competitors attacks- both heavily biased at best, deceptive at worst. It's easy to influence people without a cellar biology background, and they're more likely to err towards caution when someone throws up the buyer beware flag; they can't tell if it's not justified.

The Bullshit Asymmetry Principle: Brandolini's Law:

THE AMOUNT OF ENERGY REQUIRED TO REFUTE BULLSHIT IS AN ORDER OF MAGNITUDE GREATER THAN THE ENERGY NEEDED TO PRODUCE IT.

[chart]investor