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Pastimes : coug's news and views

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To: Patricia Trinchero who wrote (260)11/17/2005 4:59:09 PM
From: redfish  Read Replies (2) of 3961
 
Every transaction has a buyer and a seller. If I choose to serve as seller, and sell you a stock at $10 a share that you think will soon be worth $12 a share, how have I harmed you?

After all you had to buy it from someone, might as well be me.

Whether I actually owned the stock or had merely borrowed it is irrelevant, imo.
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