Shorting stocks is already dangerous enough. You’re potential losses are infinite, your profits are fixed. Obviously you can use options to mitigate risk and ju

Shorting stocks is already dangerous enough. You’re potential losses are infinite, your profits are fixed. Obviously you can use options to mitigate risk and juice returns, but then you have to be correct on timing as well as the companies valuation. The only time I ever shorted, was because I correctly determined Krispy Kreme’s financials didn’t add up. I lost a ton of money because most of my options expired before how misleading their financials were became clear to the market, and the stock collapsed. The bias in the public stock market is to pump stocks. Everyone (from investment bankers to brokers to media) is incented to give out rosy forecasts and valuations for companies. CNBC has always been a pumpers paradise. Proportionately their is very few people who short stocks and with comparatively tiny amounts of money. They have a very tough job, but it’s an important one. They literally save people from being defrauded. It’s really important that their free speech rights not be limited or stifled. Many times they have to fight bogus libel suits from the companies, like critics did in this story. It’s to easy for companies to sue to stifle legit criticisms already.