by Wolf Richter
In this market, short sellers that cannot cause a stock to crash are cannon fodder.
No one feels sorry for short sellers when they’re losing their shirts for having dared to short one of the favorite story-stocks that everyone is long and that everyone wants to go up. “Serves them right,” is the normal response. “How dare they bet against me?!”
In China, when push comes to shove, they just arrest short sellers.
“Being a short seller right now is the worst possible thing,” infamous short seller Andrew Left, founder of Citron Research, told Bloomberg Markets.