--------The Wickedness of Short Selling Revealed--------
These (short sellers) are very deceitful and beguiling. They continue to post negative comments as a way to manipulate the price.
On day like yesterday, they put in a big short using their off-short account and begin to bash the stock, all in hopes of getting through to the weak shareholders; hoping they have said enough to get them to sell their shares as short sellers will be looking to cover during the day tomorrow.
The wise short seller will usually cover the following day on any weakness in price.
If the short seller continues to bash the stock, its because he/she still has the short and is hoping to convince a few more folks to sell......they will not speak a word of any positive develops regarding the actual company's progress only negative talk, for that could spoil their plans and prove very costly to themselves. (that's the master ingredient of short selling.....for successful short selling requires heavy bashing of the stock to get the weak to sell)
Also, if they are already holding a short at a lower price, then on a day like yesterday, they short still more at a higher price to average down the total short position. In doing this, the short seller will either gain more profit if the price goes lower than their first short price or have a slightly lesser loss if the price falls midway between their low short price and their high short price.
This wicked device also works when they are attempting to establish a long position for themselves at a better lower price.
This is a form of stock manipulation few investors are aware of since bb-stocks can only be shorted via off-shore accounts.
Whenever gangs of negative posters show up at a thread, always stop to think about why they are there. And always go with the conclusion that they are there for personal gain; for in capitalism nothing is done out of the goodness of the heart, their motive is always gain.
Ah, the wickedness of short selling revealed.
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