Donner Minerals (DML.V) Message Board

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Gold/Mining/Energy : Donner Minerals (DML.V)

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To: Cal Coish who wrote (6751)	8/16/1998 11:22:00 AM
From: stockclub	Read Replies (2) of 11676

Wouldn't a ban on shorting just benefit the BreX style crooks? I fail to see how a short ban would create more balance - why not just ban all selling and let the market rise to infinity regardless of the dim prospects for most of the companies. Short sellers have nothing to do with the current economic conditions or the reputation Canada's junior markets have gotten from scam artists promoting junk. If a company has the goods, its value will be realized by the market, regardless of short or long players' agendas. There is much that could be done to restore investor confidence in the VSE, starting with increased before the fact surveilance (maybe hiring someone like adrian Duplesis to run things) and more than slap on the wrist penalties for offenders. Banning shorting would only serve to fill the crooks pockets even more and see the limited liquidity left now completely disappear.

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