Macro reasons contributed sector overall downfall no doubt about it but what Citron and Andrew Left before this did was brutal. CVSI stock went within one day from $9.20 to €3.40, closed $4.21. They triggered many stops. Volume on this day was 29M shares! They called company a scam and Dowling with others a liars. Company had to PR and defend themselves. Atmosphere that was created was toxic and after this attack company did'nt recover, $4.5 was their median price over a year. They scared away many investors. Next day company was attacked by lawsuits and investigations, this lasted a month (actually till yesterday). Everyday there was a new law firm who announced filing of a class action lawsuit. It was brutal and without a merit. Andrew admitted that he shorted, covered at some point and made a lot of money.
This is a huge unjustice that has to be righted.
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