OT - RE: "But watching the shorts rejoice in the year following 9/11 was particularly distasteful to me personally. When a bomb goes off or a plane crashes somewhere in the world, I do not profit, nor should I. Anyone who has made money on the short side over the past year has probably at least in part made it because a tragedy has befallen someone somewhere. This is wrong no matter how you try to justify it."
Brian, So what would you do and how would you feel if something unexpectedly and significantly negative were to beset the competitor of a company you owned stock in, and your stock rose sharply as a result?
or
Do you consider it distasteful for anyone to invest in gold or defense stocks when there exists the possibility they might benefit from world conflict?
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Have you ever sold a stock you owned because you thought it had become overvalued? (Brian, this is no different from what a short does.)
Come on Brian, to suggest (as I interpret your comments) that shorts rejoice in pain and suffering because it benefits their stock positions is just plain "silly" (to borrow a phrase and put it nicely). As a short, a proud American, and one who was directly impacted by the events of 9/11, I will also comment that I'm personally offended by you statement. In addition, I know many, many people who short stocks and I can say with certainty that not one individual I know fits the profile you have outlined. Frankly, I cannot imagine who you are referring to. However, just to be clear here, if there any folks out there who do fit that sick profile, I'd be the first to stand by your side.
Regards,
AdvocateDevil |
