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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: S. maltophilia who wrote (76045)	8/28/2024 2:12:13 PM
From: Harshu Vyas	Read Replies (2) \| Respond to of 78795

If the "fears" are true, SMCI will be falling much further than this imo. I'm not convinced of anything yet. Let's see the extent of the damage first. These short sellers were wrong about SQ, ADANI, Globe Life (most recently) and many more. I've simply lost faith in their ability to conduct research. OT: FWIW, I'm "old" enough to remember when David Einhorn accused TSLA of being an outright fraud (which I believed because, well he's "David Einhorn"). Well, I guess he was wrong, too... The short seller I have seen in my short career is nothing more than an annoying wolf-crier trying to make a name for themselves or reignite their own careers with a long shot guess (I blame the success of The Big Short for this) - well, it's stupid and reckless. And just as stupid and reckless as those on the other side buying AI stocks and crypto without even knowing anything about either topic! Even Dr Michael Burry, a familiar name on this thread, is slightly guilty of this. I'm sure he knows EXACTLY what he's doing when he discloses puts on indices, semiconductors etc. that he knows will get misread by media. It all adds to the mystery and there's nothing man craves more than appreciation for what they do... (Again, you can call me cynical.) I guess you guys are more fearful when short sellers attack companies from experience. Maybe I'm just being youthful, brash and carefree. Just calling it as I see it. (I'm definitely not smarter than the guys/ research firms named above. Just saying they directly benefit from the noise they create through fame and the market reaction. If I were in the same position I cannot say with certainty that I wouldn't behave similarly. But it's still not right.)