Disappointing Response by CEO
$Camber Energy(CEI.US$ The CEO's response to the short sell report is disappointing, in its vagueness. The fact that he failed to issue a point by point rebuttal to the claims made by the short sellers is alarming and suggests to me that there might be true. This might encourage more shorts. However, if retail investors were to band together to buy Camber, the short sellers will get squeezed. I think this is the most hopeful scenario for the stock to recover, as we can't rely on Camber management to issue a robust response to stabilise the stock.
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IrishJohn HSS : You keep it simple, if it was not truthful he would not have said it as it could be used agaInst him if he said the slightest thing that was incorrect.
You also don’t show emotion when responding As that can appear as being insincere.
You make a clear statement that there is no validity to the report, you keep it short because these pricks at these short outfits who create these reports look to pick anything apart.
Your issue should be the fact the company who issued the report has a short position in the company and that’s why it’s bulls hit
Rossta1 : that is a loosing trade idea based on hopium.
三十而立的我 : What happened is this
Upncoming1841OP IrishJohn HSS: Wondering if investors can sue Kerrisdale for false allegations? Cos I am not familiar with US business practice and laws. Can short sellers publicly spread malicious rumours with no consequence?