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Short selling is absolutely legal. Course manipulation and insider trading are not. I guess you see the tight rope short sellers like Hindenburg are walking on,
by hef19898 4y ago
Short selling is absolutely legal. Course manipulation and insider trading are not. I guess you see the tight rope short sellers like Hindenburg are walking on, right?
Also, if markets don't move following such a report short sellers stand loosing a ton of money, even if they are right.
Among other companies brought down, rightly so, is Wirecard. And they played the "mean, evil short sellers try to manipulate the share price"-card hard. So, shoet sellers do have a place in our modern financial system.