Dan Walker

Banks: Is This the Biggest Bear Squeeze in History?

Number one, let me go on record that naked short selling was banned in the 30's and it served us well for 75 years. I think it should still be applied for ALL stocks and not just the ones who can continue to fund the FED's malfeasance in favor of the banking industry.

Assuming that protection is in place, short sellers are NECESSARY simply because they provide a bid in a downdraft (sub-optimal price discovery process for you liberals). You want an air pocket under a collapsing stock? That is the shortest path to zero.