4 ms·
It sounds like in the case of Melvin, their aggressive and continued short-selling likely drove down the price. It sounds like powerful and aggressive short-sel
by shrimpx 6y ago
It sounds like in the case of Melvin, their aggressive and continued short-selling likely drove down the price. It sounds like powerful and aggressive short-sellers can parasitically drive a company's value down and then make a killing at the bottom.
If that's the case then yes, you don't want to be on the other side, because they're manufacturing their desired outcome.