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Re: bly03 post# 2959

Thursday, 03/17/2011 2:16:14 PM

Thursday, March 17, 2011 2:16:14 PM

Post# of 6560
Yep

Regarding your comment about the morals of shorting: The real difference between someone that goes long on a stock and someone that goes short is that the long feels that the stock is undervalued at the current price and the short feels that the stock is overvalued at the current price. I don't believe that one position is morallly superior to the other. What I do think is immoral is spreading misinformation in an attempt to manipulate the stock price, but neither pumpers (longs) or shorts have a monopoly on this practice.



The real players in this game will take profit at 20%, and make $5,000 doing it. Everyone else is just along for the ride. In other words, when a stock runs-up 80%, profit-taking is a given, along with a pull-back, and an increase in short-interest.

The people who make money are the ones that accept this and play the market, rather than letting it play them.

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