Aren't you scared about massive bubbles that would happen without short sellers? I don't agree with shady behavior from short sellers,
but I think it's kind of good to have the devils advocates in the market to fight against bubbles caused by the long side. And I don't know, it's all a gentleman's club, why only be angry at the short sellers? Or are they just a more easily exploited member of the establishment? (and not saying the comeuppance isn't warranted, I lean towards the side of the little guy in this)
Short sellers are a necessary group of market participants for revealing fraud and putting downward pressure on stock prices. However, this particular short seller was clearly making foolish decisions and I see no reason that he shouldn't lose it all.
Yep, totally agreed. I have no sympathy for this one, but part of me is concerned about whether or not it has a cooling effect on short selling in general and if it does, lots of people will feel some pain in the burst of the ensuing bubble.
