Replies to post #239618 on Kraig Biocraft Laboratories Inc (KBLB)

[TRUISM]

Short Sellers Help Stocks Find Their True Values And Expose Fraud, Despite The Hate They Receive
CNBC

“I think the main reason people dislike short selling is that something just feels bad about profiting from someone else’s failures,” said Sasha Indarte, an assistant professor of finance at the University of Pennsylvania’s Wharton School. “Short sellers gain when someone else loses. It’s like if you took out an insurance policy against your neighbor’s home and your neighbor’s home was destroyed.”

“People don’t get upset when they’re making money on the upside. They look the other way on bad corporate behavior,” argued Jim Chanos, a prolific short seller in the U.S. market. “But when people start losing money, boy do they get upset.”

Just imagine if KBLB was on the NASDAQ right about now.

It wouldn't be the best of times, for sure.


In Response To:

Shorts trying to hype the buy volume

TE