A true Ferengi would never question whether profit was moral or not, and anyway, remember the rule of Acquisition:
#284 Deep down, everyone's a Ferengi.
and, of course: #162 Even in the worst of times, someone makes a profit.
But Hew-mons, try to hide their natural Ferengi nature, and so they sometimes need more guidance. So remember that your short selling and covering have the effect of reducing the price of an over-priced object at the time you sell, and increasing the price of an under-priced object at the time you buy back. For this reason, your actions have the immediate effect of reducing the losses absorbed by the longs. For the longer term, it is true that you might drive a stock price down a little sooner than it would have otherwise been driven, but this has the effect only of bringing the speculative bubble to an end earlier. Apparently, Alan Greenspan would argue that this is a good thing.
-- Carl |