On Short-Sellers and Dishonest Executives [View article]
Even legitimate short selling is skewed - simply by creating two owners for every shorted share dilutes all shares temporarily creating downward pressure on the value. The benefit of "liquidity" is pretty weak justification. IMO "liquidity" is far better served by a strong cashflow statement rather than arbitrary rules that only serve market makers. Disclosure: exiting the stock market and putting all of my money into my own businesses.
On Short-Sellers and Dishonest Executives [View article]