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by bduerst 2499 days ago
SEC only fines short and distorts if the information being shared is proven false. Hyperbole isn't fined.
1 comments

Do you believe that these anti-GE claims aren't credible?
I don’t know enough to comment on that, but the point is that so long as they are based on a shred of truth, even if over emphasized, it is hyperbole not fraud.
Precisely. Short sellers can't spread deliberate, provably-false information, but the SEC doesn't care about exaggeration.