thank you for your post on shorting.
If you don’t mind, and have the time, could you explain how this (“clearing company would be compelled to buy shares in the open market”) buying doesn’t drive the price higher. I have always been under the impression that it is NAKED short selling has been the main problem… that they are selling shares they don’t own, and don’t buy back.
I’m not challenging your statement, just trying to understand. I very much appreciate that we have someone with real-life experience here with on the forum.