• Overstock Showdown: Court Sides Against Short Sellers

  • 2024/10/31
  • 再生時間： 7 分
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Overstock Showdown: Court Sides Against Short Sellers

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  • In this episode of Short Seller Scoop, we delve into the courtroom drama surrounding Overstock’s controversial digital dividend. Short seller Mangrove Partners alleged that Overstock manipulated its stock price to squeeze shorts and line the pockets of its former CEO. However, the U.S. Court of Appeals has ruled in favor of Overstock, rejecting the fraud claims and marking a blow to short sellers in the 10th Circuit. What does this ruling mean for future short-seller tactics and Overstock’s legacy? Join us as we explore the details of the case, the court's reasoning, and its potential ripple effects in the world of high-stakes investing

    Hosted on Acast. See acast.com/privacy for more information.
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In this episode of Short Seller Scoop, we delve into the courtroom drama surrounding Overstock’s controversial digital dividend. Short seller Mangrove Partners alleged that Overstock manipulated its stock price to squeeze shorts and line the pockets of its former CEO. However, the U.S. Court of Appeals has ruled in favor of Overstock, rejecting the fraud claims and marking a blow to short sellers in the 10th Circuit. What does this ruling mean for future short-seller tactics and Overstock’s legacy? Join us as we explore the details of the case, the court's reasoning, and its potential ripple effects in the world of high-stakes investing

Hosted on Acast. See acast.com/privacy for more information.
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