What Is Going On With All The Shorting Is What I Call Price
fixing. Shorts cover and whatever else they do and it is clear there are those who are controlling the market here. That control of the market is nothing short of price fixing. This is also contrary to a freely working market not to mention stated to be illegal! So while shorting is legal because people risk more than they have if done poorly, but we are not talking about some individuals. The price would not be like this without brokerages being involved and given there are ranges and these people who are controlling the markets doing what they are doing this is nothing short of price fixing and as I have stated price fixing is illegal!!! Regardless, the share value is now even further away from fair market value!