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re: Who else is tuned into gamestop?

Posted on 1/27/21 at 11:27 am to
Posted by The Goon
Baton Rouge, LA
Member since Nov 2008
1251 posts
Posted on 1/27/21 at 11:27 am to
quote:

fundamentally have an issue with short selling.


You borrow shares that some owns and sell them on the market and the buy back later. It increases liquidity and the opportunity for correct valuation.

The only way short sellers are out is if the original owner wants to sell, which would drive down the price to correct valuations. If you despise short sellers, then you should also despise manipulating the stock price with zero valuation.

From a market standpoint, how is this not a pump and dump boiler room situation?
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