Viceroy Research @viceroyresearch published a hit piece on $ABXX today; the same day they’re short the stock …let’sbe clear about what this is: its a firm that profits when the share price falls, publishing negative commentary designed to make the share price fall …that’s NOT research, it’s a trade…this “short and distort” is a conflict of interest so severe it undermines any claim to objectivity
…Their core argument? That Abaxx uses third-party technology partners rather than building everything in-house…This is not a scandal, this is how modern financial infrastructure is built …EVERY major exchange on earth uses vendor components …
Viceroy has a long history of publishing these reports clearly for profit!! …Canadian securities regulators should be taking a close look at how these “short-and-publish” campaigns are conducted and whether existing disclosure rules are sufficient…
please do your own research and read Abaxx’s filings ..Don’t let a short-seller’s press release make our investment decisions for us..$ABXX #ABXX #AbaxxTechnologies #ViceroyResearch #ShortSeller #CanadianStocks #FinTwit #DYOR #OSC