what would stop this whole shorting nonsense would be if there was public disclosure of who was shorting AND who were the beneficial owners of the borrowed stock.
It is one thing to short a stock if you believe it will go down due to specific circumstances surrounding that stock,BUT it is an entirely different proposition to push/manipulate a stock down in the name of shorting.
The ASX and ASIC need to fully revue shorting. My guess is that they wont until there is a major financial catastrophe involving shorting.Along those lines , the first thing they might discover is the use/borrowing of stock to short without the owners consent.
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