Catchword: short-and-distort

Filed Under: English, Money & Finance, Jargon

Part of Speech: n.

Quotation: Investigators have requested emails and text messages from fund managers, looking, Hagstrom said, for evidence of irresponsible rumour-mongering—a practice known as short-and-distort, in which short sellers borrow and sell a stock at a high price, then send out a report, email or text message questioning the company’s fundamentals and/or its liquidity, in order to drive down the price.

Article or Document Title:
“Investing: Short shrift” (URL)

Author:
Rachel Pulfer

Article, Document, Publication, Web Site:
Canadian Business

Publishing Location:
Toronto

Date of Publication:
May 7, 2008

This catchword has yet to be researched.