Home » Dictionary » short-and-distort

short-and-distort

short-and-distort
 n.— «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.» —“Investing: Short shrift” by Rachel Pulfer Canadian Business (Toronto) May 7, 2008. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Goody Two-Shoes (episode #1543)

She sells seashells by the seashore. Who is the she in this tongue twister? Some claim it’s the young Mary Anning, who went on to become a famous 19th-century British paleontologist. Dubious perhaps, but the story of her rise from seaside...

The @ Symbol and Its Many Noms De Internet

There are lots of creative names for the @, also known in English as the at-sign. In Denmark and Sweden, it’s sometimes called the snabel-a, or “elephant trunk.” In Italian, it’s a chiocciola, or “snail. In Greek...

Recent posts