I challenge anyone to show me an example of illegal short selling.
Plenty of people who were caught short (no pun intended) when the markets corrected were quick to blame short sellers,but the reality was that many of these people were long on margin and the game had changed.
They were victims of their own greed in many cases.
Eddy Groves was a good case in point.
He was looking to blame anyone but himself.
Shorts were a good scapegoat.
He borrowed too much money and expanded too fast.
It is as simple as that.
Nothing sinister or illegal or immoral.
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I challenge anyone to show me an example of illegal short...
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