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0 pointsbduerst6y ago0 comments

You can profit from shorting and be completely wrong.

All you need to do is convince the market that you're right long enough for the price to drop and cover your short.

0 comments

And then you get charged for fraud, SEC doesn't take these things lightly... with this much public attention you'd have to be crazy to try to pull of a scam like that hoping to get the money without showing any proofs to the claims...

bduerstOP6y ago

SEC only fines short and distorts if the information being shared is proven false. Hyperbole isn't fined.

robrenaud6y ago

Do you believe that these anti-GE claims aren't credible?

1 more reply

jcranberry6y ago

Might as well go to the SEC's offices and beg them to fine you.

darawk6y ago

Sure, but do you have any idea how hard it is to convince the market of something that isn't true about a company the size of GE?

slg6y ago

It can't be that hard if you have some credibility you are willing to sacrifice. If this report turns out to be complete BS, they still could have made over 10% return in a single day by the way the market reacted today.

sgt1016y ago

also, prison, for fraud.

they really better genuinely believe that this is true, and have lotsa evidence - or the fact that they stand to gain financially is going to be used to hit them very, very hard.

Alot of people just lost money, if it's for reasons - they will suck it up. If it's because "you made it up" then they will get their pounds of flesh, and not from the numb bits.

1 more reply

wheelerwj6y ago

GE was founded 130 years ago, they've been through some shit and one of the most stable and well-known brands in the history of America if not the world. We're not talking about Uber here.

3 more replies

darawk6y ago

Nobody with any capital in significant amounts is going to take this report at face value. They're going to investigate the claims on their own before they make any moves.

3 more replies

cma6y ago

Wouldn't the liability from libel me much higher than the conceivable gains?

j / k navigate · click thread line to collapse

0 comments

ivanhoe6y ago

bduerstOP6y ago

SEC only fines short and distorts if the information being shared is proven false. Hyperbole isn't fined.

robrenaud6y ago

Do you believe that these anti-GE claims aren't credible?

1 more reply

jcranberry6y ago

Might as well go to the SEC's offices and beg them to fine you.

darawk6y ago

Sure, but do you have any idea how hard it is to convince the market of something that isn't true about a company the size of GE?

slg6y ago

sgt1016y ago

also, prison, for fraud.

they really better genuinely believe that this is true, and have lotsa evidence - or the fact that they stand to gain financially is going to be used to hit them very, very hard.

Alot of people just lost money, if it's for reasons - they will suck it up. If it's because "you made it up" then they will get their pounds of flesh, and not from the numb bits.

1 more reply

wheelerwj6y ago

GE was founded 130 years ago, they've been through some shit and one of the most stable and well-known brands in the history of America if not the world. We're not talking about Uber here.

3 more replies

darawk6y ago

Nobody with any capital in significant amounts is going to take this report at face value. They're going to investigate the claims on their own before they make any moves.

3 more replies

cma6y ago

Wouldn't the liability from libel me much higher than the conceivable gains?

j / k navigate · click thread line to collapse