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A comment on WallStreetBets vs WallStreet: It's not about the money anymore. Parent comment

Re:WallStreetBets vs WallStreet: It's not about the money an... by mediaman on Thursday January 28, 2021 @10:40AM (#25943537)
Most advocates argue that short-sellers help find the accurate price of a security, in service of the broader market goal of capital allocation. People who argue that markets should be long-only wind up advocating for frauds and failures to be mispriced in the market.

Liquidity is not usually the primary benefit. That’s usually the argument for high frequency trading firms.

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Re:WallStreetBets vs WallStreet: It's not about the money an... by calyth2018 on Thursday January 28, 2021 @10:56AM (#25943820)
It's a little on the nose when wsb is happy that Michael Burry bought into GME about a year ago?

It's almost like they forgot who Christian Bale portrayed in that movie.

Being on the short side isn't a problem per se. Having 140% short float is.

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