May 10, 2011
I firmly believe shorting any stock should not be allowed, period. Way too many legitimate companies, and their shareholders, are placed in a strained financial position with such activity. I'm sure that will not change in the foreseeable future. However, all shorts should be required to provide immediate funds for any transaction they make and stocks so transferred at that time, just like honest investors are when they purchase the stock. Allowing them to place shorts otherwise is a disgrace.