Just because they’re short-sellers doesn’t change the fundamental point though. Everyone has motivations, and short-selling is as valid a motivation as any other.

The issue is the relatively shoddy research here however. There’s a number of basic computer errors that makes me question their skills in computers. They’re clearly financial guys however, given the rest of their blogs, so I can “forgive” their basic mistakes and chalk it up to a game of telephone. (They probably hired a security research firm, then they are “translating” the results into a form that’s most easily recognized by the financial press).

Ideally, they should have released the security research directly rather than this weird… translation + hyperventilating attention-seeking style that they did here. But this is par-for-the-course with regards to financial media unfortunately. Buy the rumor sell the news as they say.