You’re absolutely right. Short sellers, though clear contributors to big selloffs, perform important functions in helping the markets to operate efficiently. Yes, they can contribute to major selloffs but they also operate as a kind of brake on markets from overheating on the upside. For every executed short sale, there’s a buyer at that price. It’s basic economics that price is where the buyer and seller meet. The short seller helps to create a market at a given price point that might otherwise be unavailable if only ‘longs’ were allowed to sell. And, of course, shorts can get squeezed and contribute to major spikes on the upside as well.
The voice of reason. Short sellers make convenient scapegoats for failing CEOs (in normal times).
This too shall pass.
The aggressive short sellers are gonna take it up the woohoo.
AAPL ~$350 by May.