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Re: hanscott post# 26656

Thursday, 06/20/2019 12:12:02 PM

Thursday, June 20, 2019 12:12:02 PM

Post# of 34625
The entire purpose of the stock market is twofold.
#1, To give companies the ability to raise the money they need to operate.
#2, To give investors the opportunity to benefit from their profits.

Short selling accomplishes neither of those.

It's just like buying a new car.
If you want to buy a new Ford car, you buy it.
But if you want to buy a new Buick instead of a Ford, you don't bet against Ford to hurt it by driving it's price down.

It is an artificial means to manipulate and lower a stock price.

If a company sucks, the price should go down because owners bail out and sell, as should happen, not due to artificial pressure.

I am in a contest to see who has the nicest blown up balloon.
Is it fair to have a bunch of people with nails going around the contest and randomly popping balloons before the contest is completed?

That doesn't sound fair to me.

Free markets work based on supply and demand, ACTUAL supply and demand.
Not supply, demand, and artificially created lack of demand.
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