Short Selling Funds are frauds and an embarrassment to the industry – according to “John Doe”
A friend – I will refer to him as “John Doe” – known for cautioning against short selling over the last 1-2 years – escalated his rhetoric yesterday with the following claims:
- “The success of shorting as a strategy is evident here”, referring to a diagram showing the # of short funds flat between 2007-2016.
- “shorting as a strategy is the same kind of fraud that they claim to sniff out. Glad market sees it.”
- “it’s a pipe dream that has a shelf life . . .
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