FLU: Byrne is definitely out there, no doubt about it. Two things, though. First, just because he’s nuts doesn’t mean he’s wrong and naked short selling does occur and more often than realized, and, second, you cannot destroy a fundamentally sound company through short selling.
If your balance sheet is solid and you have strong, positive cash flows, you’ll be fine. You’ll be significantly undervalued, but fine.
I don’t know if you’ve checked out Byrne’s Deep Capture website, but it makes for interesting reading to say the least. Real conspiracy nuts are fun, aren’t they?
