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Monday, 04/29/2024 3:50:57 PM

Monday, April 29, 2024 3:50:57 PM

Post# of 16382
SHORTSELLING should be abolished like it once was and made unlawful besides illegal. The uptick rule must be reinstated. This tactic causes only harm. And that Bernard Baruch is completely and empirically wrong when he said "the market needs bulls & bears". Asinine statement. Yes buyers and sellers is true, but not the former.
Short selling is equivalent to killing someone slowly with poison to bring about their demise. You purposefully want to hurt a particular company. While the opposing side wants it to flourish. If someone feels a company is not performing - then just don't buy its stock or sell the stock if you had bought it. But being deceitful and borrowing someone else's shares that you don't own outright is manipulation. And instilling doubt in other shareholders. Fear can cause a good company to fail. That is wrong in every way. But evil people love lying and crooked schemes. Because a fair playing field in any situation only hurts those who cheat and steal.

The day will come where people ask me "how did you know all this"? I will reply. "Don't ask me that, ask yourself why you did not".

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