> Can you cite a single instance where short-selling has destroyed a legitimate business, ever? What kind of short-selling? For naked short selling I quickly f

> Can you cite a single instance where short-selling has destroyed a legitimate business, ever? What kind of short-selling? For naked short selling I quickly found evidence: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=273488 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=273488 That's the predecessor of a paper cited from 2003 SEC testimony of Robert J. Shapiro published at https://www.sec.gov/rules/proposed/s72303/rshapiro122403.htm#foot5 https://www.sec.gov/rules/proposed/s72303/rshapiro122403.htm..., which in turn may have been a related source for the Shapiro citation in a 2008 Time magazine article at https://web.archive.org/web/20080424032340/http://www.time.com/time/magazine/article/0,9171,1126706-3,00.html https://web.archive.org/web/20080424032340/http://www.time.c..., which I found via the Wikipedia article on naked short selling at https://en.wikipedia.org/wiki/Naked_short_selling#Claimed_effects_of_naked_shorting https://en.wikipedia.org/wiki/Naked_short_selling#Claimed_ef... That first paper describes a scheme whereby investors bought convertible warrants, used naked short selling to drive the stock price down, then covered by exercising their warrants. And apparently in many cases, as documented by the paper, this resulted in a delisting or even bankruptcy of the targeted firms.