this is a practice that was first mentioned to me by an individual who approached me 2+ years ago and asked me to help him learn to read rt l2 <he was a whiz at charts>
there is more there but i suspect it's clear
that is why i stress this isn't one dimensional in nature money is made on orchestrated runs .. and the always requisite short back down .. imo it's far more egregious on the poorly watched OTC .. and without a doubt mgmt gets blamed even tho' the loophole is firmly in place to cover those non disclosed 3rd parties who are so clever and active on the OTC
imo few expect well seasoned mgmts' on newly public co.s <micros> which is why they are targeted to begin with
like i've said common sense will go a long way where all of this is concerned .. the optimist in me believes this can be dealt with .. cleaned up and our markets be far more transparent because of it .. that is my hope for all of us who care about legit co.s not being destroyed for profit
The one's the scream the loudest about short selling are the one's that front loaded and dumped their shares on you.
the one's who scream the loudest are usually the one's that try to entice selling as they have a vested interest in the demise of the play! GLTU as well :-)