TY - BOOK ID - 136877518 TI - Go Down Fighting : Short Sellers vs. Firms PY - 2004 PB - Cambridge, Massachusetts : National Bureau of Economic Research, DB - UniCat KW - Short selling (Securities) KW - Stock exchanges KW - Law and legislation. UR - https://www.unicat.be/uniCat?func=search&query=sysid:136877518 AB - I study battles between short sellers and firms. Firms use a variety of methods to impede short selling, including legal threats, investigations, lawsuits, and various technical actions intended to create a short squeeze. These actions create short sale constraints. Consistent with the hypothesis that short sale constraints allow stocks to be overpriced, firms taking anti-shorting actions have in the subsequent year very low abnormal returns of about -2 percent per month. ER -