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A comment on Tesla, Musk must face shareholder lawsuit over going-private tweet. Parent comment

Re:Tesla, Musk must face shareholder lawsuit over going-priv... by apta on Wednesday April 15, 2020 @08:09PM (#22884682)
> are likely Tesla shorts and day traders

What's baffling is how shorting is even legal. It's strictly gambling and benefiting off the misfortune of others.

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Re:Tesla, Musk must face shareholder lawsuit over going-priv... by xkjkls on Thursday April 16, 2020 @03:22PM (#22892544)
Why would borrowing something to sell only to buy it back to pay someone for borrowing it back be illegal?
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Re:Tesla, Musk must face shareholder lawsuit over going-priv... by apta on Wednesday April 22, 2020 @10:34AM (#22945985)
You look at the transaction end-to-end, and what the intention behind it is. Don't get stuck in the technicalities, as that's the cause of many issues we see today.
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Re:Tesla, Musk must face shareholder lawsuit over going-priv... by xkjkls on Thursday April 30, 2020 @03:30PM (#23035076)
Why is the cause of many of the issues we see today? Most all research shows that short selling is important to price discovery:

https://www.aqr.com/Insights/Research/Journal-Article/Price-... https://academic.oup.com/rfs/article-abstract/26/2/287/15819...

Markets would be far worse without short sellers.

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