Debunking Citron's Hit Job on World Acceptance Corp. [View article]
Citron is definitely out to do an unfounded bash job on World Acceptance in order to support their short position. Notice that they decided to go after a company who's daily volume is very low where they can probably have some affect on the stock price - that is, for the people who actually believe this trash. Now let's see, WRLD has been in business with a great reputation since 1962 and all the sudden it's a "borderline-legal Ponzi scheme"? Since little has changed since WRLD has been in business all of the years, and if Citron is so smart and full of wisdom, why didn't they publish a report like this way back in the 1990's or even earlier?
Debunking Citron's Hit Job on World Acceptance Corp. [View article]