I get the feeling Coby will get great joy from instigating a short squeeze when the Tier 1 announcement lands. I've heard all the arguments that shorting is healthy, creates liquidity etc ... but don't buy them. The bottom line is it causes genuine investors who did their research and decided to buy into a company at what they consider fair value to suddenly watch their investment decline in value through no fault of theirs or the company. Like Coby, I too don't understand how shorting is legal. There was a petition floating around HC threads for a while calling for it to be outlawed. Guess it didn't sway the regulators. Anyway ... bring on the shorter burn!
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