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bas2020

05/17/23 11:44 AM

#415771 RE: Anshu2 #415765

Nonsense! Shorting (especially organized naked shorting) leads to corruption... evidenced by the lawsuits filed against eight MMs/HFs for price manipulation and illicit trading practices. This is how the market is "rigged".

Investing, BUYING, requires capital $$$. Shorting doesn't, and is why crooks like it and exploit it through collusive nefarious activities.
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Bourbon_on_my_cornflakes

05/17/23 2:05 PM

#415807 RE: Anshu2 #415765

TOTAL RUBBISH: Being allowed to short is EXACTLY the reason what makes the stock market a FAIR GAME. Else, it can be easily “rigged”.

Not when there is no uptick rule. Without that rule, it is easy to drive a stock below FMV with programmed selling.

NOt when Shorts move in secret without disclosure of their positions on a daily basis.

21st century trading tech and 19th century regulations.

Short hedgie vermin paid off Bush officials to get rid of it, and Obama folks to keep it gone.