Concerning anonymous short sellers
Posted: Thu Mar 22, 2018 7:25 pm
November 27, 2017
"In recent years, anonymous online hit pieces against public companies have become an increasingly common and effective form of short activism. Given their success in driving down stock prices, anonymous online short campaigns are likely here to stay. Anonymous online short attacks pose unique challenges to public companies. In order to defend successfully against anonymous online short attacks, public companies must have ready-to-execute plans in place—whether or not an online short attack appears imminent.
The inherent anonymity of the internet exacerbates these challenges. As long as online short activists have access to the internet, they can theoretically launch a short attack that reaches millions of investors from anywhere at any time—and with little accountability.
Anonymous online attacks can have an immediate negative impact on a target company’s stock price and generate market momentum for prolonged periods of time—or, at the very least, trigger serious stock volatility."
https://corpgov.law.harvard.edu/2017/11 ... t-attacks/
"In recent years, anonymous online hit pieces against public companies have become an increasingly common and effective form of short activism. Given their success in driving down stock prices, anonymous online short campaigns are likely here to stay. Anonymous online short attacks pose unique challenges to public companies. In order to defend successfully against anonymous online short attacks, public companies must have ready-to-execute plans in place—whether or not an online short attack appears imminent.
The inherent anonymity of the internet exacerbates these challenges. As long as online short activists have access to the internet, they can theoretically launch a short attack that reaches millions of investors from anywhere at any time—and with little accountability.
Anonymous online attacks can have an immediate negative impact on a target company’s stock price and generate market momentum for prolonged periods of time—or, at the very least, trigger serious stock volatility."
https://corpgov.law.harvard.edu/2017/11 ... t-attacks/