RE: Selling and Shorting1 Oct 2020 21:52
Interesting debate about shorting. They are unpopular here as unfortunately LSE has a lot of rampers who shout down any negativity and blame MMS/shorters for any bad news.
IMO they add efficiency and stop a share being over inflated, it was the only social benefit of hedge funds who operate in a zero sum market and often win against each other or, worse, pension funds and LT investors (and stupid chancellors like Lamont and Brown).
Arguably shorting on loaned stock is no worse than me buying stock on margin