There are many, myself included, who believe that
Post# of 75002
Raising the bar by restricting short sales with a new formula to determine which companies fall into an "exempt from shorting" bracket would help not only the legitimate companies attempting to launch, but also it would help the early long term investors, it would help reduce default debt passed on to taxpayers meaning it would help the economy, and it would also help get good products/services to market faster which we would all benefit from as well. In some cases immensely. Once a company jumps through the necessary hoops to become fully reporting, the SEC would be able to easily determine a company's eligibility.
I know that the percentage of regularly active members using this board who are shorting is more like 10% than 80%, but surly the percentage has increased a bunch since the company is clearly on course for strong growth and it's drawing the attention of a lot of traders/investors, including the leeches.
If the risk wasn't more than I care for I'd short some overbought large caps without moral concerns, but not a company like this one. It shouldn't be left up to each trader where start ups are concerned. There would still be plenty of stocks to short, penny stocks included, just not those that qualify for immunity. Maybe some day it'll be addressed, but for now "it is what it is", so I don't waste much time bitching about it.
Like you said, you can still accumulate and hold on if you believe it'll see major growth. You can move some out and back in as well. It doesn't cross the line until it's unjustly hurting the company. Lies dished out by bashers for any reason, including to simply manipulate the price, is disgusting and worthy of earning the title of leech.