dealers selling "short," that is, selling cars without buyers,
It sounds to me like your talking about a special kind of short selling car dealer, the naked seller.(and i'm not talking about taking off the polyester) From what I understand of this practice, these dealers sell cars that have no accompanying certificate or title. If everyone would simply call in their certs. this could be stopped and we'd all be rich as whatever ol hunk of junk you have would suddenly start to skyrocket in value.
I believe you are correct in your logic that the SEC needs to regulate the car biz, and another one in my opinion, the computer biz. I swear, it's probably just me, but it sure seems like every 18 months or so these things double in speed and never get any more expensive, in fact they just get to be worth almost nothing. Obviously there is some heavy short selling involved, how else could something as good for man as a computer, get faster yet cheaper. It's just goes against all that is right in the world. I smell short selling at it's worst.
Mr. Burns |
