[locallost]

I agree there's a need for short sellers to keep the market in check, but this quote, also listed as the number one issue, doesn't really sit well with me:

> Misleading investors by overstating its genuine user counts, with former employees estimating as much as three quarters are “fake, involved in fraud, or…additional accounts tied to a single individual.”

Do they really know? Or is it just a feeling that they have, or a rumour somebody spread? Is it a rumour a former disgruntled employee blew up out of proportion?

The risk to the short seller is clear, but if they're going to advertise themselves as a "new breed of short sellers, relying on deep research", then they should come up with deep research, not this. Of all the things listed, I didn't see one thing that is based on any real data. They obviously hold clout because if I came up with this, the market wouldn't really care.

But maybe it can't really be fixed, don't know. Maybe the short seller is the fraud and it needs to take down several companies before people realize it's BS and eventually gets wiped out.

[shp0ngle]

The report is quite long and detailed