John Smith wrote on Jul 12
th, 2022 at 7:32pm:
For those of us that don't play on the stock market, what exactly is 'short selling'?
In short selling, an investor borrows stock shares that they believe will drop in price, sells those borrowed shares at market price, then buys back the shares at a lower price. To complete the short sale, the investor returns the shares to the original lender and profits the difference between the buy and sell prices.
Sometimes the practice is coupled with false reports about a stock to influence a sell-off.
One example on the ASX was today involving LAKE RESOURCES N.L.
A scumbag short seller mob released what will turn out to be a false report about the Lithium extraction process that company is developing being a failure.
Notorious Short seller
J Capital Research (which has a record of market manipulation to force stock prices down on target companies) released a 17 page "report" saying the process is a dud.
The company is then forced to call a trading halt in order to stem the sell-off and prepare a reply refuting the report.
Invariably, the effect of the report results in a sell-off despite the company refuting the report's content.
The scumbag short-sellers then clean up.

They are a bunch of ratbags and game the market, in my opinion they are deriving profit by deception. They should be sued and fined and jailed.