The GameStop Short Squeeze Shows an Ugly Side of the Investing World - WSJ

It is an ironic twist, or a sign of their lack of understanding, that they equate short sellers with the Wall Street establishment.

So true. While some trades may be unseemly, short sellers have a history of exposing corporate fraud before the general public or regulators are aware.

They often make bets based on deep research, sometimes exposing fraud. Recent successes include firms like Nikola Corp. , Wirecard AG and Valeant Pharmaceuticals International Inc.