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Author Message   Saarang Pilla Bewarse Username: Saarang Post Number: 919 Registered: 04-2015 Posted From: 208.54.104.34 Rating: N/A Votes: 0 Posted on Monday, April 02, 2018 - 9:54 pm:    Mr. Meenavalli rejects any suggestion of financial misconduct, saying short sellers, who have borrowed and sold short almost 15% of the shares available to trade, according to FactSet, are motivated by greed. “They enter into their own fire,” he said. A tiny portion of Longfin shares were sold in the Dec. 13 IPO. Two days later, Longfin disclosed that its chief financial officer and chief operating officer had resigned just before the offering. But on the same day, the company said it had acquired a crypto company, Ziddu.com, from a company controlled by Mr. Meenavalli. Longfin shares rose more than 1,200% over the next two sessions to a peak value of $72.38.