e.Digital Corporation(EDIG) - Embedded Digital Technology Message Board

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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology

EDIG 0.0001000

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Mar 20 5:00 PM EST

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To: PartyTime who wrote (9608)	1/25/2000 12:37:00 PM
From: chris431	of 18366

I will stand tall and proud and admit that I SHORT stocks. I partake in no unethical actions and wish no more harm on others than does a person who sells shares to another at a higher price. When selling stock, many people believe that the share price has hit its limits (at least temporarily, of which they than prefer to buy back lower). Cynically, we could argue that the person buying their shares is a "sucker." (again, this is not always the case). But, does it keep you awake at night when after you sell your shares to someone else and the stock tanks. Wouldn't a kind soul try and prevent such an occurrence? Or at least consul the poor buyer by trying to contact him/her and make a fair deal (possibly lower the selling price for him/her)? No, you wouldn't. In fact, most people would feel a sigh of relief they got out in time and never look back. Compassion? A trading market would not exist under the circumstances Mochool prefers. The simple fact is a trading market exists in order to address imperfect information. It is no more or less moral to make money from information that you obtain and share with the market. Information is derived from buying, sell, and short selling (among other activity). This information only helps market participants (both the buyers and sellers) in making a proper decision. I leave you with this hypothesis. A person receives a call from their broker about the stock. They do some DD, find nothing too immediately risky. They must now decide whether or not to buy the stock. When making that decision, would it have been better or worse for them to know that there was an extremely high short interest in the stock? I personally find that actions speak louder than words, and the short interest in a stock can be very telling. I could continue, but alas, most have already quit reading. hehehehe Chris

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