Steven Pearlstein Isn't Into Shorts

Don't worry folks, this is a family-friendly blog. The issue is that Steven Pearlstein takes great offense at the possibility that people are manipulating the stock price of a biotech company by shorting its stock on a massive basis. Pearlstein is right to be angered about stock manipulation, he is wrong to imagine it bears any direct connection to shorting stock.

The issue here is that short sellers of Northwest Biotherapeutics (people betting against the company's stock) are supposedly spre...