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Alias Born | 08/11/2021 |
Tuesday, December 21, 2021 11:16:02 AM
New investors might not be aware, but short sellers (by definition) sell borrowed stock with the obligation to purchase (or cover) the position later, preferably at a lower cost; the difference becomes their profit, less any associated fees. Therefore, after they short sell a stock, they typically embark on an illegal short and distort campaign. They spread misinformation and rumors in forums, tarnishing the credibility of reputable companies with libel, in order to drive the PPS (price per share) down as low as possible for a cheaper cover. This is especially true in a bear market when sellers control most of the price action. Short sellers are masterful manipulators and skilled in deception, so research and become informed!
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