Sunday, December 08, 2002 5:08:04 PM
OT: calahan
regarding short selling by market makers
It is much akin to going to Las Vegas and playing games in a casino. You know all the rules of the game and that the house odds are against you. Those who play are doing so at their own risk. Some hit big. Most lose. That is exactly like the otcbb.
Complaining about the rules or the house advantage will not accomplish anything. Lobbying to change those rules might, but if the house loses its edge, they will just shut down the game.
The reality is that we either play the game under their rules and do our best not to get screwed, or else we sit the hand out. I try to do a little of both, but I guess it depends upon ones risk tolerance level and how much money you have to gamble with.
Robert
regarding short selling by market makers
It is much akin to going to Las Vegas and playing games in a casino. You know all the rules of the game and that the house odds are against you. Those who play are doing so at their own risk. Some hit big. Most lose. That is exactly like the otcbb.
Complaining about the rules or the house advantage will not accomplish anything. Lobbying to change those rules might, but if the house loses its edge, they will just shut down the game.
The reality is that we either play the game under their rules and do our best not to get screwed, or else we sit the hand out. I try to do a little of both, but I guess it depends upon ones risk tolerance level and how much money you have to gamble with.
Robert
There are no good stocks, only good trades.
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