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Re: SeattleITguy post# 65517

Thursday, 11/21/2019 11:37:00 AM

Thursday, November 21, 2019 11:37:00 AM

Post# of 71147

IMO, shorting is a sketchy concept



Just curious but why is it shady?


I mean buying a stock low because you think it will go up is no different than buying high because you think the company is failing and the PPS is going to fail. They are exactly the same thing.

Now sure, you could say that people could do shady tactics to benefit their position by encouraging the stock to fall but how is that any different from a low-end buyer loading up and then lying to make it go up (which btw happens a LOT more than the opposite)?

In my opinion buying in either direction is 100% the same.


Now personally I don't even understand the process on how to short. I hear you have to spend a lot more money and have special brokers? I've never attempted it but I know it happens. I believe that Timothy Sykes guys talks about it a lot but I believe he is shorting stocks that are over a nickle. I doubt he is shorting a stock that is at .0007. At those prices why short a stock that has little room to fall because it bottoms out? lol.

MY POST ARE MY PERSONAL OPINION ON THE STOCK. DO YOUR OWN DD BEFORE BUYING AND SELLING!

PLEASE FOCUS ON THE STOCK AND NOT ON ME PERSONALLY



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