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veritas2

04/20/11 7:52 PM

#12093 RE: hpham10 #12088

IMHO, shorting should be ban. The Germans got it right.


So I guess you'd agree that co-ordinating trades to move the price down is illegal.

As for shorting in general, as long as it's done legally -- with a proper borrow -- I think it has a role in a properly functioning market.
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NYC_Love

04/20/11 8:14 PM

#12095 RE: hpham10 #12088

This is the perfect stock to short if you think about it. A lot of people believe that it will soar and stay up. While a lot of others believe it will soar, and come crashing back down. If you are going to short one, I believe you want to short a low floater. They move on air, and fall on nails.

I do think shorting is part of the trading world, and has a place. The only problem is fear drives the market, and bad prejudice is prevalent on boards like this. So, it's important to make sure you don't trust anything, and do your own DD.