I'm not a particular fan of short selling, but I can see a definite validity to the value thereof. What happened here is massive naked short selling, with esti

I'm not a particular fan of short selling, but I can see a definite validity to the value thereof. What happened here is massive naked short selling, with estimates from 120 to 140 to as high as 200 per cent of available stock shorted. This is entirely illegal, and has been since 2008, when it was (one of) the contributing factor(s) to that collapse. However, as per usual, there are loopholes. So the big investors are able to carry on as normal, doing this, and have ways of covering themselves after the fact in a way that protects them from prosecution, while still distorting the market in the very ways that were problematic to begin with.