Just a quick update on a some news related to a previous post about SHORT SELLING, Hacking and Short Selling for Fun and Profit.

St. Judes Medical is fighting back against the short seller Muddy Waters Capital LLC who claims that they have evidence that a cardiac pacemaker manufactured by St. Judes can be hacked. St. Judes filed a lawsuit on Sept. 7 against the short seller seeking damages and disbursement of profits from their short holdings.  Here a LINK to a Wall St. Journal article with details on the lawsuit.

The unfortunate problem is that even if St. Judes prevails in court their reputation may already be irreparably damaged.

Additionally similarly to the effect of the ONE (now discredited) report that fuels the LETHALLY dangerous stupidity of the “Anti-vaxxer” movement amongst young mothers and old panderers such as Green Party presidential candidate Jill Stein, there may be a fallout against devices like those made by St. Judes by an uninformed public.

Okay, I can’t just let go of Jill Stein’s position on Anti-vaxxing, a position which may be vexing to a logical person.  She argues that “all concerns” have not been addressed.  This is Rees’ Maxim, “Absence of evidence is not evidence of absence”.  She says we MAY not have evidence because the Food and Drug Administration, FDA and Centers for Disease Control, CDC are paid stooges of big drug companies.  Just another Looney Tunes presidential candidate.

No offense to Looney Tunes.  The Looney Tunes characters are more insightful than our current crop of candidates!

Th, th, th, that’s all folks!