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Former CEO Paul Pittman shares his experience of being targeted by an anonymous short seller who made false allegations to drive down the company's stock price. The podcast explores the role and impact of activist short sellers, the consequences of false accusations, and the rise of everyday short sellers through trading apps.
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Quick takeaways
- Short selling can involve unethical practices, such as making false allegations to manipulate stock prices.
- Regulations are needed to hold fraudulent short sellers accountable and protect companies and investors from financial losses.
Deep dives
The impact of activist short sellers
In this episode, Paul Pittman, the executive chairman of Farmland Partners, shares his experience of being targeted by an activist short seller. The short trader published false allegations about the company, causing its stock price to plummet. Paul discusses the damage caused by these attacks and highlights the need for stricter regulations to hold fraudulent short sellers accountable.
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AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode