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AISI304

03/18/19 2:07 PM

#48544 RE: rhyminrhymin #48538

Shorts exist. Why do you believe they are make-believe?

The internet has copious writings on shorts & their work.

More importantly, SHMP Longs know why they are here.

They are here because SHMP has great potential worth.

Buyers do not want to spend more than they have to do.

Hence the big effort to drive SHMP lower to buy shares!

SHMP Über-Longs know what they own!

Precious Golden $SHMP!

Go Team SHMP!

GLTY/A!

TK

https://www.thebalance.com/the-basics-of-shorting-stock-356327

Understanding the Motivation to Sell Short

Short sellers take on these transactions because they believe a stock's price is headed downward, and that if they sell the stock today, they'll be able to buy it back at a lower price at some point in the future. If they accomplish this, they'll make a profit consisting of the difference between their sell and buy prices.

Some traders do short selling purely for speculation, while others want to hedge, or protect, their downside risk if they have a long position—in other words, if they already own shares of the same or a related stock outright.