Short-Seller Citron 'Walks Away' After 'Angry Mob' Tried to Silence Him on GameStop (GME), Turning Info Over to Feds
Comment of the Day

January 22 2021

Commentary by Eoin Treacy

Short-Seller Citron 'Walks Away' After 'Angry Mob' Tried to Silence Him on GameStop (GME), Turning Info Over to Feds

This article from StreetInsider may be of interest to subscribers. Here is a section:

GameStop (NYSE: GME) short-seller Andrew Left of Citron Research says an "angry mob" that owns the stock spent the last 48 hours committing multiple crimes against him and his family that he will turn over to the FBI, SEC, and other government agencies.

He said what he experienced is nothing short of "shameful and a sad commentary on the state of the investment community" and he will no longer be commenting on GameStop.

Left said this was not just name-calling and hacking but "serious crimes such as harassment of minor children."

Left said they are "investors who put the safety of family first and when we believe this has been compromised, it is our duty to walk away from a stock."

Eoin Treacy's view

Crowds all share common characteristics. The most important from the perspective of monitoring markets is that as the crowd grows, only the basest of emotional responses survive. There is no room for equivocation. Only absolutes are acceptable to the mob. Estimates of future potential stretch to infinity as a result.

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