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ELON: Shorting is a SCAM (nitter.net)

posted 3 years ago by axolotl_peyotl 3 years ago by axolotl_peyotl +33 / -5

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– RachelkillsBam 4 points 3 years ago +4 / -0

Shorting is not a scam.

Shorting more shares than available of a stock? That's a scam.

For the people who want to get rid of short selling, look at any banking stock in 2008/2009 when short selling was banned. Since shorts are contractually obligated to buy stock back, it makes pricing stable versus having no short sellers causing complete pricing crashes.

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