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dumass99
1 Comment
Changing of the Short Uptick Rule: Bad Timing for a Bad Idea [view article]
I find it incredible that so many people think that short selling is evil and un american. Sure "evil" hedgefunds can drive a stock price down if they have enough capital, but to make money on the position, they still have to cover on someone. The covering makes the stock price go up if noone is there to sell. Saying short selling is bad is like saying closing your long position is bad because it makes the stock go down. Thats just plain illogical. Apr 14 06:27 PM