moonbat1775

Short Selling Levels Down. Is This a Surprise?

"If a stock goes up it doesn't trigger bank covenants, customer confidence, supplier confidence, credit lines pulled, inability to issue equity, mgmt changes, employees layoffs and morale - going up in price mostly triggers envy." finmah

Thanks for those details on how the house of cards get built. I reckon it is ultimately built on the banks ability to create money from thin-air which only benefits the banks and the borrowers and to some extent the depositors of those PARTICULAR banks.