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BahamaPete

04/27/23 7:42 AM

#40363 RE: BahamaPete #40362

Short and distort is a type of securities fraud...

Commencement of a Manipulation,

• Market manipulations typically involve thinly traded shares
of little known or start up companies
• With small volume of trading, it is easier to effect the price of the
stock
• Also, easier to make fraudulent or outlandish claims about the
financial condition or business prospects of a little-known company
https://www.sec.gov/files/Market%20Manipulations%20and%20Case%20Studies.pdf

The SEC Acts on Short-and-Distort Petition...
https://clsbluesky.law.columbia.edu/2022/02/28/the-sec-acts-on-short-and-distort-petition/

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