@jaredbusch said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@zachary715 said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
Additionally, the Cavs aren't publicly traded, therefore there aren't necessarily shareholders who are pushing him to make the Cavs as profitable as possible.
Not public, does not mean there are not shareholders. Just that they are not traded on a public exchange.
Haha I knew when I typed that someone would say that. I almost spent extra time clarifying, but didn't. Yes there are possibly other shareholders/part-owners involved. Those few individuals can scrutinize the ownership/financials all they want for their company. (If they want to sell, it's probably a bit more convoluted than just hitting up ETrade.) The general public has no view into that info though and it's mostly irrelevant to them. In the case of UBNT, it just applies to a wider audience since there are many more investors that they're relying on to keep happy and keep the company's value as high as they can.