Nope. Short sellers are the white knights of the market. They take on incredibly difficult and dangerous trades, and keep market prices honest. Without them the market would be nothing but a lair full of pump and dump longs, like a certain Reddit forum we all know.
And I haven’t seen any evidence Melvin did anything unethical either. They got too deep into their position and paid a huge price for it. It’s about time Redditers stopped taking victory laps over Melvins mangled body.
And I haven’t seen any evidence Melvin did anything unethical either. They got too deep into their position and paid a huge price for it. It’s about time Redditers stopped taking victory laps over Melvins mangled body.