Ann: Market Update, page-190

Shorting is a blight on our market! Read this the other day from one of the respected journalists. Forget who... I accept it is part of the market but reasons why it destroys it:
Cannot stop loss anymore, stops get hit almost everytime so no point buying in the first place...
Margin calls will get hit in most trades now and this is very bad for our market as margin trades are normally long term holders, Im assuming.
Shorting increases volatility to an unacceptable level which destroys confidence and creates a market of traders not investors.

Yes it provides opportunities to buy good companies cheaper but I would prefer when my stocks hit a hurdle they go down 25% not 75% which shorting creates.