Billionaire Elon Musk commented on Thursday on the latest market volatilities which caused shares of several companies to suffer significant movements in recent days, insisting the public shouldn't give them any respect.
"Here come the shorty apologists... Give them no respect... Get Shorty... You can’t sell houses you don't own, you can't sell cars you don't own, but you *can* sell stock you don't own!? This is bs - shorting is a scam legal only for vestigial reasons," Musk said in a series of tweets.
Investors are enraged by the recent decision made by stock trading platforms to limit or halt the trading of shares involved in the latest short-selling process, giving Robinhood app on Google Play 100,000 one-star reviews and reducing its rating to 1.1 stars.
