This is not simply your average shorters buying from a brokerage firm, this is Fidelity in a all out attempt to drive MRKR into financial ruin, motivated only by greed without any thought whatsoever of the ramifications. I'm well aware of the legality and arguments regarding the shorting of stocks, and that any mention of morality is trumped by the business of stock investing.
That being said, there should be a watchdog group that protects companies when their achievements can be seen as game changing in the fight against cancer and/or other devastating diseases. With the huge amounts of money at stake in medical treatments today, such as cancer, a smaller biotech who threatens to make current treatment obsolete will no doubt be viewed as the enemy of the status quo. Is Fidelity acting on it's own, strictly motivated by greed, or is it being influenced by the tens of billions of dollars currently invested in cancer treatments that could be threatened by MRKR's success?
Everyday courts in this country hand out billions in cases of wrongful death and/or pain and suffering, yet somehow the law currently allows financial institutions to be exempt from those responsibilities even though they intentionally cause both and are motivated simply by greed. If Fidelity's actions were known to the public, there would be OUTRAGE as well there should be, for cancer threatens all and the thought that people might be denied the benefits offered by MRKR simply for greed is outrageous and would certainly be judged as such by the ALL the population.
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