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by speedybird 1706 days ago
> "The US Securities Exchange Act defines market manipulation as "transactions which create an artificial price or maintain an artificial price for a tradable security"."

They are 'manipulating the market' in an informal sense, but not in the sense that actually matters. There is nothing wrong with publicly stating that you think some stock is overvalued. Particularly not if you back up your claim with some evidence, which is what Hindenburg does.

1 comments

Relatedly, how does a 17 day old account, with no submissions, attract 416 karma points? Not commenting on the quality of your writing, but it seems extraordinary. Unfortunately the market history on HN is private.