Anthony Returned the Donation Message Board

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Non-Tech : Anthony Returned the Donation

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To: Mama Bear who wrote (37)	5/25/2000 2:08:00 PM
From: Qone0	Read Replies (5) of 445

Truth hurts don`t it? You steal peoples stock and sell it. You never own it. Then you try to explain that away by saying there are scams in the markets...lol.. .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. Not that you would care but this statement is untrue. I average 500% ROI in penny stocks. I love them. It is very high risk. Some do go broke and I lose the entire investment on those. But some return 1,000 to 5000 percent. So can I borrow your car and sell it? Or would you object to that? .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. You understand wrong. some are cash some are margin. I never said that some investors are not foolish. .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? Sure I can keep a straight face. Because the only reason shorts are buying is because they have already stole the profit at the top. As far as a short holding the price up that`s just a stupid statement. If the stock is so bad that no one wants to buy it. They will just keep the short position. .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. Sure they keep the money. until the cover the position after the stock falls in price. Then they keep the difference forever. The owner of the shares IS deprived of the benefit of his property. The benefit of owning stock is the increase in value. By a short selling stock he does not own. It in effect increase the number of shares out standing. Because 2 people own the same stock. You want interest on your car? Why do you pay interest to the owner of the stock you borrowed? . The owner of the long stock has to give permission before the borrow occurs Very misleading statement on your part. The own is not contacted and asked if his stock can be borrowed. Its in the real fine print of a margin agreement. That is a good thought though. That should be a rule...lol.. .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? Another misleading statement. SEC actions are not against longs. They are against scams. I never said short selling was illegal. I said it was evil.

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