Selling the Short Sellers Short: Another Sign of Trouble [View article]
flashrob, well, I'm sorry if you are making losses on your shorts. But shorting is a dangerous game and if you managed your risks well, you should have know that there is this risk known as regulatory risk - the risk that regulators can change rules and therefore your holdings (short or long) will have its price affected. I don't see anything wrong here with them changing rules - they are regulators after all. Its just part of the capitalist system. If they listen too much to the big money guys and the shorts, then they would not be listening to the longs. You see, shorts and longs are on opposite sides. You cannot want to be a long and also want to borrow that same stock to short. If you want to take the latter view, then you should just sell what you have. Meanwhile, the one who wants to short the stock without the stock has no business in the whole affair and if he claims he is just part of the efficient market system - let me tell you he is just meddling with it.
Selling the Short Sellers Short: Another Sign of Trouble [View article]
The shorts are typical sour grapes at this point. They are obviously hurting playing a leveraged game - the very same risk that banks took which the got them into the trouble that they are in now. Don't they know that short selling is a derived position - a position they are allowed to hold only on the dispensation of shareholders of the company. Now they are crying foul, that the SEC changed rules blah blah blah. Come on, wake up, shorting is dangerous, so eat your losses. What hypocrites!
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Selling the Short Sellers Short: Another Sign of Trouble [View article]
Selling the Short Sellers Short: Another Sign of Trouble [View article]