Elsewhere it'd be considered criminal Probably the most famous...

Elsewhere it'd be considered criminal

Probably the most famous short seller of all time is Jim Chanos, best known for shorting Enron but also for being very negative about China and at times Macquarie Group.
There are some who think short selling should be banned and they highlight the oddity of being able to sell something you don't own. In any other walk of life that would be considered a crime.
If there is a big enough weight of money, short selling can render a company insolvent and wipe out its shareholders and it was banned during the global financial crisis.
Woolworths is another favourite among short sellers at the moment although it doesn't appear on the Morgan Stanley list.
For a lot of retail investors it can he hard enough to sell a stock they own, let alone short it, due to a sense of loyalty and the brand strength that some companies hold.
But shorting, unlike buying, can involve unlimited risk. For sure, it doesn't happen all the time, but things can go wrong and the best example of this is the takeover. A share is falling below $1. You short it. Someone makes a takeover at $2. You lose over $1 per share. It can happen.


Read more: http://www.copyright link/markets/short-sellers-make-hay-while-stocks-fall--whos-next-20150623-ghw29g#ixzz3wbhx3Mzu
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