Wirecard is a German company which looks like a Norfolk and walks like one and where the FT - to its credit - has done sterling work making that clear. The German regulator has responded by banning shorting of this stock. A letter from Safkhet capital to the foolish Krauts explains why this is folly. This is a very clear explanation of why it NEVER makes sense to ban shorting.
on ShareProphets | CommentsFiled under: