The market’s comeback in 2023 has been very bad news for one group: short sellers. Short sellers profit from stock declines by borrowing shares of companies that they believe are overvalued, selling them, and then buying them back at a lower price later.
They made huge gains in 2022, whenShould be illegal
Oh great, just what we all needed: another way for the rich to get richer.
Too early to say this when the risk of a dead cat bounce is still there.
Why would short sellers sell if the stock prices facing them are unfavorable? Is there a lag involved in selling short?
Shorts will win because this overflow of money will end very soon.
Comeuppance.
This is the very definition of Schadenfreude.
Unfortunately the real declines have not even started.
Let them eat shorts … 🤭
Perfect 👍 Short sellers should not exist. By law; anyone buying a stock must have it in their portfolio for at least one year. This planet would be completely better, different and fairer.
Good. Short selling is gambling greed.
That’s not a bad thing.