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by va_coder 5120 days ago
You have to take everything a hedge fund trader says with a grain of salt. These guys are making bets both upwards and downwards on the same day.

For all I know they've got a program that detects when this article hits the web and that triggers a trade, and then an hour later their program triggers another trade.

1 comments

Absolutely right. In the case of the short-sellers, it's well known these guys flood the media with fake rumors in the hope it triggers a selloff.