To raise cash? Shorting a company in terminal decline, but that will never die and will live on the pink sheets forever, is a great way to take a gain without ever having to pay the taxes.
And you just described a form of market manipulation. Except that we can't know Melvin's true motives because for some weird reason, hedge funds don't have to make their methodologies public.
So why are you getting mad that retail investors are engaging in the same practices that hedge funds can do with impunity?
