Carson Block Expects More Anti-Short-Seller Rhetoric Under Trump [Yahoo! Finance Canada]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Yahoo! Finance Canada
Most Read from Bloomberg In an interview Thursday with Bloomberg Television's Francine Lacqua, Block said the populist playbooks of Elon Musk and Trump are now aligned, and both have blamed short sellers in the past for declines of Tesla Inc. and Trump Media & Technology Group Corp. shares. “We've already had some rhetoric, we might have some more anti-short seller rhetoric,” he said, while noting that he doesn't think Trump and Musk believe short sellers are responsible for their company stocks falling. Block, 47, has built a formidable reputation betting against companies such as Sino-Forest Corp., which filed for bankruptcy protection in 2012 within months of his allegations of asset exaggeration. Back in July, he said that it's “easy to demonize short sellers” as part of the populist message, despite the increasing market need for them. On Wednesday, he said he's shorting the shares of Oakland, California-based cosmetics brand Elf Beauty Inc., alleging that it overstated
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