The Citron Report's author often finds stocks that have gone up, places shorts, and then promotes the idea that these companies are scams with no fundamental value. He's made a considerable amount of money doing this.
The Citron Report's author often finds stocks that have gone up, places shorts, and then promotes the idea that these companies are scams with no fundamental value. He's made a considerable amount of money doing this.
This guy runs a blog about companies that he thinks are over-valued, and he shorts their stock. He's transparent about all of this. His readers / investors / the public know that he's likely short these stocks and that he makes a business of both using this investment strategy and blogging about it. They follow his advice at their own risk, with all of the information fully available.
There's a HUGE difference between that and getting into a position that you don't disclose, manipulating a media outlet into running coverage that appears objective but which is actually designed to do nothing but help your position, and then cashing out.
This seems a clear case of bashing .. and if so, it means the article is a compliment to AMD.