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You’ve got this completely backwards. Short sellers by definition have massive implications. And worse, they have limited upside and theoretically unlimited dow
by addicted 6y ago
You’ve got this completely backwards. Short sellers by definition have massive implications. And worse, they have limited upside and theoretically unlimited downside. Unlike the bulls who have limited downside and unlimited upside.
And that’s before we get to the fact that the markets are rigged against short sellers (e.g., there are circuit breakers that pause trading activity when prices are plummeting. There is no such circuit breaker when prices are rising steeply). There’s also massive information transparency issues. Pretty much everyone who is charged with making private company information public has extremely significant financial incentives to skew that information to be as positive as possible.