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Catchword for “short-and-distort”
Catchword: short-and-distort
Filed Under: , ,
Part of Speech: n.
Quotation: Investigators have requested emails and text messages from fund managers, looking, Hagstrom said, for evidence of irresponsible rumour-mongering—a practice known as short-and-distort, in which short sellers borrow and sell a stock at a high price, then send out a report, email or text message questioning the company’s fundamentals and/or its liquidity, in order to drive down the price.
Article or Document Title:
“Investing: Short shrift” (URL)
Author:
Rachel Pulfer
Article, Document, Publication, Web Site:
Canadian Business
Publishing Location:
Toronto
Date of Publication:
May 7, 2008
This catchword has yet to be researched.
Posted 12 May 08 | Permalink | Tell a Friend

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