LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-3911

Fundamentally the issue with shorting stocks is that is a biased and unfair practice.

Personally I’d love to buy a single share in my stocks a hundred times a day and push them up a cent or two each time, over and over again. Let’s all join in - imagine Tim or Gina doing it thousands of times a day!

Great fun, but of course that would be MARKET MANIPULATION and that is illegal.

Go the other way though and nothing to see here! Governments are too timid to act against the BEOT and disallowed loves all those juicy merchant bank fees you see.

Shorting has absolutely nothing to do with the old chestnuts of ‘creating liquidity’ or ‘buying opportunities’. Far from it.

It’s just a value destruction lever for the privileged few for their own ends.

I appreciate it isn’t going away any time soon, but the practice is indefensible and plainly inequitable and unfair on every level.