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flipper44

10/29/14 2:06 AM

#22114 RE: Evaluate #22112

I object to the misleading and false statements intentionally and crudely shouted by AF from his bully pulpit. I know he knows the rules, and that is what makes his frequent lies and damn lies all the more infuriating.
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austinmediainc

10/29/14 9:39 AM

#22118 RE: Evaluate #22112

“Short sellers serve a vital function in our capital markets. They effect efficient price discovery despite our regulators’ best efforts to impede price discovery when stocks move down. Does anyone seriously think we will see a downtick rule when stocks are up greater than 10 percent? Or a loosening of the rules governing stock borrowing? For long-only investors who would like to see the voice of short sellers squelched, I say listen to Ayn Rand: ‘You can avoid reality, but you cannot avoid the consequences of avoiding reality.’ ”



I totally disagree and I don't think shorting serves any purpose other than filling the pockets of experts who know the ins and outs of the market. IMO It's simple, there is supply and demand that drives price in any market. If I'm selling chocolate bars and I have 100 to sell but 200 people would like to buy, the demand will dictate the final price. There isn't someone beside me creating more "fake" supply to keep my price down. You can't sell someone a chocolate bar at a lower price that you don't have. This is my biggest issue, you are selling something you don't own and it creates an unbalanced fake market! We have all seen the Cramer video that shows how money can manipulate that market short!

People aren't scared of a short thesis if the facts are correct. But typically a short thesis is a self fulfilling prophecy because it effects the price. If you don't like a stock don't invest, you can raise the short thesis and it may effect the demand but you shouldn't be able to profit from it.