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Re: janice shell post# 218891

Sunday, 09/24/2006 11:34:58 PM

Sunday, September 24, 2006 11:34:58 PM

Post# of 359153
You just admitted that shorting is used to manipulate stocks.

"Shorts are necessary to the market. They help keep toppy stocks from getting outta control"

Necessary for who?

I wonder haw many of the dot.com stocks were shorted to the moon?
You have companies bleeding red ink "some" to the tune of 100's of millions of dollars, but people just kept buying and buying.
These would be perfect companies to short, but what harm did the shorting do by manipulating the legal shares in the market and diluting the float? Who is to say that some of these companies wouldn't have made it had the share price been allowed to go up with the buying demand undiluted by short positions.
The companies certainly would have had more capital and would have had to sell less shares into the market in which to raise that capital.
Who knows at what point "some" of these companies could have made it if they hadn't been shorted?

there is no "objective truth"--only patterns of probability. "Matter" is seen as an illusion of the senses.
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