RE: Short position increased11 Jun 2019 10:26
Oddly enough it's not the short that concerns me. I understand why someone might try it when V prices retreating. I also know that it won't last and any shares borrowed would have to be repurchased. I do worry about both the legality and implications of an undisclosed large sell. I think the process stinks as MMs can play a market without telling anyone confident that they can't lose whilst screwing PIs. And I confess I worry about the reasoning behind it continuing when SP is falling. Why doesn't the seller reverse the order to sell or pause it- continuing to sell into a falling market with no apparent bottom to the sell price seems bonkers. Anyone understand it?