I agree with StefanF fthat there's nothing wrong shorting a stock you think is overvalued. But, hedge funds using aggressive (seemingly synchonised) selling with the aim of triggering automated stop-loss etc and over selling to pick up at a quickly evaporating low?? I think that's just market manipulation and unconscionable conduct.
BTW - I don't think your broker can lend your shares without your permission if they're held on a non-custodial basis (maybe if they hold them on a custodial basis tho?). I've got no qualifications in this field tho!
CCP Price at posting:
$18.16 Sentiment: Hold Disclosure: Held
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