Shorting stocks, in general, is a beneficial action for the market because it helps prevent shares from becoming overvalued.
I think this situation has actually highlighted the fact that shorting stocks needs to be easier. Currently, it's too easy to purposefully trigger a short squeeze.
With the goal of efficient prices in mind, short squeezes are bad, and enabling shorting is good.
I think this situation has actually highlighted the fact that shorting stocks needs to be easier. Currently, it's too easy to purposefully trigger a short squeeze.
With the goal of efficient prices in mind, short squeezes are bad, and enabling shorting is good.