Gann, some fair comments, but are you wanting to advance the world and it's people, or destroy it?
In discussing the issue of shorting as a society with the "best interests of the world at heart, we need to think whether or not the markets were created for greed alone, or as a mechanism and system to encourage a broad membership in economic development, growth and positive investment. Of course there should be a bias toward the positive effect if anything. (OK. History will tell you that it won't happen this way....)
The trouble is, naked shorts help push the balance beyond the level of no confidence in the market as they produce an oversupply of sellers and which destroys even strong companies that should not necessarily have been destroyed. Doubly so with the massive amount of capital that is used to complete targeted shorting strategies for the good of financial companies alone.
Shorts (and again, naked shorts especially) do few favours to stimulate and encourage investment in development of companies adding not just profit, but instead "true value", service and technology to the world. Positive investment and margins encourage investment.
