Twitter, social media are fertile ground for stock hoaxes

NEW YORK (Reuters) – Prominent short-seller David Einhorn raised eyebrows last month when he popped up on Twitter to disavow that he had tweeted about Herbalife Ltd. “Apparently I have a twitter impersonator,” said the hedge fund manager, adding that he had no plans “to tweet about stocks.” What set off Einhorn, founder of Greenlight Capital, was a post by a since-suspended Twitter account called @Greenlightcap that read: “The $HLF tug of war will in the end come down to who has more money to play with. I wouldn't want to be in Bill's shoes right now #TeamIcahn. …

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Twitter, social media are fertile ground for stock hoaxes

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