Wednesday, March 27, 2024 8:47:14 AM
Totally agree!
I think unfortunately, the only way to deal with that is to regulate shorting of small stocks, stocks that are in small imperfect markets like these tiny biotechs. You should only be able to short against actually held shares, to protect one’s holdings only. Portfolio insurance. You should actually hold shares when you short and the amounts should not be more shares than exist in the marketplace. I believe that would change the dynamic immensely in this space.
And maybe during certain times, there should be no shorting allowed. You’re either in or you’re out, period.
"Hope deferred makes the heart sick, but a longing fulfilled is a tree of life." - Proverbs 13:12
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