Last week was a strong week of Skull Sessions. We welcomed back recurring guests, hedge fund manager Sean Westropp of Deepsail Capital and attorney John Sutter, to discuss the state of the short selling market and the conviction of Andrew Left, who was recently convicted of securities fraud in connection with a roughly $21 million stock market manipulation scheme and now faces up to 25 years in prison, with sentencing still pending. Whether you’re a professional or a casual investor, this case could have implications for how you interact on social media and how you approach writing and commentary when discussing stocks you like or dislike.
This Skull Session builds on the short selling theme with John Sutter, Esq., who joined us to unpack the Andrew Left conviction. John has worked with whistleblowers and short activists and now spends much of his practice helping financial market participants reduce legal risk.
In this Skull Session, we are bringing back Sean Westropp of Deep Sail Capital (@DeepSailCapital) to discuss the current short-selling environment. The timing was useful because we have also been tracking our own zombie-style basket of lower-quality companies, while Sean has been spending more time writing publicly about short setups and short squeezes.