Can I get some help....So am I correct in assuming that what a short sellers plan is includes "borrowing" shares at a certain price, then selling these borrowed shares for cheap in an effort to pull the stock price down to the price at which the stocks were borrowed?
If that is the case, and naked shorting (although technically not permitted) is going on, then can the shorters not keep doubling down on their position until the support for the stock becomes overwhelmingly positive? Put another way, can the shorters not drag the stock price down indefinetly with the only way to turn it around being extremely positive support?
Either way, those of you who have been around know I am long here, but I'm just trying to learn about this. Unfortunately I haven't been on the board much lately as there are clearly some posters here with dishonest intentions, and I'm just not enjoying the conversation as much. The reddit board for this stock is pretty spectacular.