InvestorsHub Logo

SuperNova$

01/28/21 7:59 AM

#249871 RE: josemaria #249870

One would hope so Jose, but the SOB's are in on it most likely. BIEL

edbi46

01/28/21 8:00 AM

#249872 RE: josemaria #249870

May be, but who will say the Congress is interested ( in what you and i and many others are )??????
BIEL$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

luke5516

01/28/21 8:25 AM

#249875 RE: josemaria #249870

I always wondered why shorting is legal. To anyone outside the financial industry, it seems very distasteful, you are directly profiting on the struggles of another company. Not as a market competitor,
offering a superior product which would be fine, but as a pure speculator placing a side bet.

Originally, as with mortgage backed securities, I’m sure people through allowing short bets to allow people to hedge their other positions. Theoretically, it adds liquidity to the market.

But here, we might benefit from a short squeeze at the moment. For 11 or so years, shorting would have helped to artificially hold down our stock price and create conflicts of interests for market makers.

But now, IMO, we are good and the way upwards has been cleared to us.