Q: LSPD's SP continues to be very volatile daily while under the current short attack. Can we assume such attack will not end until the company reports its next quarterly results - assumed to be in the first week of November - based prior reporting history
The assumption is, after LSPD reports publicly as required by law, the short's accusations would either be proven correct, or partially correct (after all the best lies are the half truths), or just vicious rumors used to destroy LSPD's SP for their own profit.
If the accusations are without merit, do the indemnified parties, such as us common small retails, can seek restitution from the short seller? Has that happened before and how successful are they in seeking such compensation based on past history?
I've been in the market for almost 20 years and find the practice of short selling morally unethical. What legal protections do the investors have against such shady practice from the market sharks with big capital? Please enlighten us.
Thanks.
The assumption is, after LSPD reports publicly as required by law, the short's accusations would either be proven correct, or partially correct (after all the best lies are the half truths), or just vicious rumors used to destroy LSPD's SP for their own profit.
If the accusations are without merit, do the indemnified parties, such as us common small retails, can seek restitution from the short seller? Has that happened before and how successful are they in seeking such compensation based on past history?
I've been in the market for almost 20 years and find the practice of short selling morally unethical. What legal protections do the investors have against such shady practice from the market sharks with big capital? Please enlighten us.
Thanks.