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‘Share-plunge’ GameStop traders serve valuable function – New York Post

It feels wrong to hope that a company goes out of business and its stock craters to zero, which is why short sellers — the traders who make money when stocks tank…

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It feels wrong to hope that a company goes out of business and its stock craters to zero, which is why short sellers the traders who make money when stocks tank are treated with disdain in many corners of Wall Street and now increasingly in Washington. 
But the devil in this case deserves some sympathy. Without short sellers, the investing public is truly doomed. And for proof, look no further than a one-time penny stock thats headed back to nosebleed levels.
The stock is GameStop, of course, a…

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