Replies to post #8875 on Abattis Bioceuticals Corp. (ATTBF)

[Shark Attack]

We could go on and on with that debate, they claim, it provides "liquidity to the stock" the reality of what it does is bankrupts companies if they are not on solid footing, frankly Im glad Mike raised capital when he did and we should all be applauding him, now the whole industry is under short attack because of a few garbage companies are getting shut down, well thats not us, all our filings line up and our CEO doesn't have to pump the media PRs, because we are real, so the basic answer to your question is shorting exists because it is lucrative for the warehouses, they can charge a percentage to loan out your shares if you have a margin account and they then are basically used against you until the short seller covers usually at a much lower price.....
I set a GTC order out because I do not believe in short selling unless your hedging your actual owned position, on larger exchangesyou could just write covered calls, so basically I wouldn't even short then.

Basically greed.

[Shark Attack]

*wirehouses... sorry for the spelling.

[Jim Houston]

You can't really fault anyone for playing the stock market any way they can. The reason people get into it in the first place is to make money right? Nothing wrong with buying *any* stock at a price and selling it at a higher price. No one ever got hurt making money. Whether you're in the game for short term money or long term money we're in it for the money. Period. How one goes about "making" said money (short or long-term investments) are all honorable ways of doing it. The "short" guys aren't doing a thing wrong, it's part of the game/system. it's simply how it works. No reason to get mad at these guys, they're just trying to get by like the rest of us. So is that a problem for the long-term investor? It shouldn't be. If long-term investors really *are* long, the ups and downs of a daily/weekly market should have little impact about how you think. You're in it for the long-term.

[alstocks]

it's perfectly ...

legal... just like betting that your team will win or lose...

all shorting is : is betting that the stock will go down...

that's all.... why would you think it is illegal... be

careful where you get your info from.....

you buy a stock, u think it's going up.... buying attbf at .60 cents last week.... likely a good move, if u sold today... almost 100% gain.... always good stuff

you short a stock, u think it's going down... shorting attbf when it was at 2.50 a mth ago.... likely a good move, if u completed the transaction under a buck....