Re: Investing-Meme Stocks & The Importance of Shorting.

For those cheering the WSB “short assault” mob, be careful what you wish for.

When short- selling was banned in 2008, bona fide hedgers could no longer short equity against their portfolios.

These portfolios could be comprised of distressed bonds, convertibles, options, or other equities. Inability to hedge then forces long liquidation of LESS LIQUID assets, like credit.