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Non-Tech : Anthony Returned the Donation

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To: Qone0 who wrote (31)	5/25/2000 7:34:00 AM
From: Mama Bear	Read Replies (2) of 445

You have to be kidding. You might want to spend some time to learn how the market works before you take too much risk and get wiped out because of your lack of knowledge. Of course I see you like to gamble on the penny stocks, so you've probably been listening to too many long touts. "They sell little old widowed lady`s stock from her retirement account. Stock from a young persons college fund. Are you sure about that? I understand only margined stock may be loaned. Retirement accounts are cash only, and anyone using margin with funds earmarked for college is foolish. They steal the profit of the investment from these people by increasing the amount of capital required to hold the stock at a higher level." Say what? They hurt start up companies by keeping their stock price depressed. Which in turn causes massive dilution when the company needs some equity debt financing to fund their start up. Hmm, in the previous statement, the shorts were keeping the price at a higher level, now they're depressing the stock. Did it ever cross your mind that a stock trades on the merit of the underlying company? Perhaps when a situation like the ones of COST or PTIX occur the money that is represented by the market cap of the companies that money should be allowed to evaporate? Can you actually keep a straight face and say that the short sellers stepping in to buy when no one would likely want to go long didn't keep the price up? "Let me "borrow" your car and sell it. Keep the money. Buy the car back after it loses some of it value over a few years. Sound like a deal? " That's a silly comparison. First, short sellers do not get to 'keep' the money from a short sale. Secondly, the owner of borrowed shares is not deprived of the benefit of the property as would happen in your silly example. However, with the right escrow arrangement and interest payment from you to me I would in fact lend you my car to sell short. "That is what short sellers do with investors stock." The owner of the long stock has to give permission before the borrow occurs. "They are evil people. Anything for a buck." Perhaps you'd like to fill us in on why SEC enforcement actions are almost entirely against scumbag longs if what you claim is true? sec.gov Regards, Barb

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