Quote:
Originally Posted by 3klipze
Dafonz , just wondering what your opinion is to not go long on TRE ? The accusation of TRE by MW is most likely false since they are in the short position , wanting to push down the shares to gain profit . You seen to give one sentence answers on it being "retarded" , but without and discussion .
We will just have to see once the investigation starts and the real deal is released.
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Muddy Waters has taken down many other stocks, namely Chinese stocks, as Dafonz pointed out already. Just because the a institution may be short a stock and issues damning accusation/report (before or after) in no way means that the documents are false. Muddy Waters puts themselves at position of greater liability by making such accusations as they could be sued by investors/TRE itself.
It seems like you're trying to use a contrarian kind of view for this play. Most people would not go long on TRE.TO, the only longs are scalpers that are in and out at a strict stop price or once they've gotten a small profit. I don't even think there are shares available to short anymore