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by crimreaper 6039 days ago
Right, I created the account because it's not exactly popular to defend someone like Patrick Byrne (which proves my point since I was down-voted, even though I provided evidence of the kind of tactics that are used by certain short sellers... go figure)

I'm just saying that short sellers use tactics that are just as bad as what Byrne used here (I don't condone making a fake facebook profile, pretexting, etc).

But the fact is that in the Fairfax case, they engaged in a pretty complicated campaign aimed at driving down the stock. One of the method was to feed stories to journalists who specialize in "financial fraud".

Overstock already received $5M of settlement from Rocker Partners: "Overstock.com (OSTK) this afternoon said that Rocker Partners, an investment firm now known as Cooper River Partners, will pay the company $5 million to settle long-standing litigation alleging that Rocker and others engaged in “libel, intentional interference with prospective economic advantage and violations of California’s unfair business practices act."

1 comments

> "I created the account because it's not exactly popular to..."

by becoming anonymous you show that this isn't important. if something is important to you then all the more reason to stand behind it as yourself. your real-life karma is taking hits when you hide behind anonymity. man up.