RE:RE:RE:Some people do invest for the long term....FWIW I have played the short side myself, so I"m not opposed to it obviously. Short selling is a vital part of ensuring a functioning market....that's a commonly held view, and its one I share.
Shorting increases liquidity and can reduce volatilty.
Consider what might have happened if almost 500,000 shares hadn't been sold short into the market during the first four days of trading. IMO instead of hitting $3.98 the PPS likely would have gone much higher....maybe to $5 or $6....possibly even more. That might sound great, but that kind of insane jump can lead to people dumping en massed to cash in their profits, then the PPS can start to crater fast, with nobody willing to buy.....then say at a buck everyone starts buying again and you get this insane yo-yo happening.
I don't care if some of that almost 500K shorting was of restricted shares or warrants, with holders simply looking to cash in.....without short selling they would not have been available. And those holders who did decide to cash in, until their shares become free trading so that they can cover their short position, there are margin and maintainence requirements.....so I'm sure those warrant holders would be very happy if the PPS fell substantially.
Shorting is reality.....there's no point crying about it. I just did a post on my blog about Cub Energy, a stock I first wrote about in October of last year, (2016). Part of the reason for my bullish opinion was that I thought short selling was being used by some big players to push the PPS around in order to "shake the tree" and induce selling from price sensitive and nervous retail holders.
If you want to read it here's the link:
https://www.avoidthebag.com/2017/01/kubv-has-its-highest-close-in-over-2.html After 3 postings about Emblem it was time to write about something else anyway.