I know in the US markets most of the shorting is done by large hedge funds that are also owned and controlled by influential banks. Their ideology is profit. Nothing else matters. Fair play I suppose. The Reddit, WSB lynch on them with the GME play was a pure masterclass for the little investor. But in larger society - giving it back to the established, or in 1900's terms - 'Leisure Class'.
I really don't think (obvious, not critical) downrampers here are smart enough to short and then - downramp. It requires massive balls and big money to do so.
The conclusions of their motives I think are obvious.
I don't understand why we would as humans bet against enterprise. I left my bitching and irrational competitiveness in the playground a long time ago. I believe the share market was created to promote enterprise and not stifle it. I know, us humans will never change. With every bad seed wanting to go backwards, there are five always wanting to do better.
I am a Dad of three, so optimistism and belief in humanity has to be my narrative.
BRN Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
(20min delay)