jamookey

Demonic Short Sellers

Shorting is a necessary part of the market,but Chanos, Einhorn and others seem to always skirt the issue of naked shorting.It is illegal,but our lame duck SEC does nothing.It no doubt brings down companies.It was made illegal for that reason among others.When a group of hedge funds oficers can get together and throw darts at names on a wall and then go after that company whether there is any problems with that company or not.If you short twice as many shares as are outstanding,it doesn't take a genious to figure that this company is going down.Hurts honest investors,retirees.Nak... shorter are crooks,yet all you hear about is how bad ALD treated Einhorn.Did anyone bring up his naked shorting of ALD?If they lose money on bad bets,we shouldn't shed any tears.