"We all need to build this economy back but attach ourselves like parasites at its weakest most wounded moment."
And you have yet to convince me or likely anyone else on this board that you yourself are not engaging in parasitic behavior spamming this nonsense about short selling having anything to do with being an unpatriotic American. I know if I were long in the market before this horrific tragedy, I would want everyone to be buyers in order to protect my position.
Again, patriotism has nothing to do with taking a risk in the stock market. If one has the means to take a position, and decides to act on his assumptions, he is taking sole risk and responsibility. If he is wrong, he'll pay the penalty of loss; if right, he'll be rewarded - that is what capitalism is about.
Opps, sorry, I know how you hate that "c" word.
BTW, I have neither position currently. I am all cash. If I see an opportunity that fits my risk/reward criteria, I will act. If not, I won't. It is my choice. Freedom, liberty, individualism - my choice. Maybe you'd rather we all be told to act for the "common good", whatever that is. That rather sounds like fascism to me (look it up in the dictionary). Yep, the brokerage houses want the same thing from us too - you better believe it.
I further assert that it is you, my friend, that is being unpatriotic and anti-American. |