re: #7 O say, does that Star Spangled Banner yet wave..

Realistically, from reading a couple of Twitter threads (which, obviously, automatically makes me an expert on high finance), what I’m gathering is that shorting stocks isn’t necessarily so much the problem. Don’t get me wrong, I understand and somewhat agree with the point. However, the thing that is really driving the modern stock market is the high-speed transactions executed by the on-premise servers of the top-line players. That’s where they make all their money and what drives the minor price changes that shaft the retail traders.

And in this particular case they shorted more stock than was actually available, thinking they could just keep passing shares around. They painted themselves into a corner because people started buying with no intention of selling.