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Re: condor1 post# 105818

Saturday, 04/27/2024 9:01:29 AM

Saturday, April 27, 2024 9:01:29 AM

Post# of 107194
Git it?

"Short and distort" is a type of securities fraud in which investors short sell a stock and then spread negative rumors about the company in an attempt to drive down stock prices.[1][2][3]
It is often performed as a form of naked short selling in which stock is sold without being borrowed and without any intent to borrow.[4][5] Once the stock price has declined, the investor uses the proceeds of the initial sale to buy a larger number of the company's shares than sold originally. Some of the newly purchased stock is used to fulfill the short-selling contract; the remaining shares are then offered for sale, which causes an additional decline in the company's share price.

https://en.m.wikipedia.org/wiki/Short_and_distort


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