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demonizing short sellers is nonsense. They help markets correct and they lessen the damage of a crash by slowing the velocity of the drop

• toss1 4y ago
  Of course demonizing short sellers is nonsense. But if your venture relies on excessively inflated stock values to harvest the capital you want/need, then you really don't want short sellers exposing that discrepancy. So, yes, anyone in that position demonizing short sellers should be pretty much ignored (or taken as a sign that this is a good short oppo). That said, short sellers trying to manipulate the market or stocks can actually do real damage that would not otherwise occur. I see strong indications that Peter Theil is in this category. It looks very much like he made first significant public "Pull Your Money Out!" calls; if he was short SIVB at the time (or had other positions or situations that would gain from SVB's failure), that's very suspicious.
  • sidibe 4y ago
    >(or had other positions or situations that would gain from SVB's failure) Like for example he and all his startups keeping their money while some of their competitors don't? No need for any other bets for a bank run to benefit him
• corbulo 4y ago
  Thats a really rosy view of shorts. They are much more oppressive than you're painting them.