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this post was submitted on 24 Jul 2026
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Short sellers are an important part of the equity ecosystem as it provides downward pressure in price discovery. Lucky gamblers have made, and are making, far more than that with long positions in equity and options.
It's difficult to say that we don't need markets at all (e.g. would you plant cotton with no idea what it will sell for at harvest?). It then becomes a slippery slope of abuse and wealth concentration.
If anything this all feels like a failure of regulation and the SEC not going far enough
That's what stock markets are right now.