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Re: ItsMyOption post# 6872

Friday, 11/09/2012 11:03:52 AM

Friday, November 09, 2012 11:03:52 AM

Post# of 30990
Good article.

I agree with the 5% reporting requirement for shorts. But the problem is bigger than that. Profits from shorting get tax advantages that longs do not. Shorts are allowed to do things to manipulate prices that longs are not allowed to do. The rules should be the same on both sides.

Further, shorts are "allowed" to game the system by "failing to deliver". There should NEVER be a valid excuse for this. If they cannot locate shares to borrow, they should NOT be allowed to short. All this crap about how "fails" are necessary for market liquidity is just that... "CRAP"!

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