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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?


To: mochool who wrote (9931)1/26/2000 6:09:00 PM
From: RG  Read Replies (2) | Respond to of 18366
 
If you buy a stock at $20 and panic sell at $10, who gets the difference? The company really makes out, don't they?
If a short seller borrows those shares, he or she gets the money.
So, it boils down to whether the overhpyed company gets the money as opposed to a short.
If the company has allowed the stock price to increase on hype alone, I would prefer the short seller to get the money.
The truth is out there!



To: mochool who wrote (9931)1/26/2000 6:22:00 PM
From: Steeliejim  Read Replies (3) | Respond to of 18366
 
You'd better study up on how the market works, cause you're letting the short vs. long thing devolve into a bad vs. good thing. When you let that happen in your head, you're going to lose $$$--gaaaranteed.

Yeah, there are some really nasty shorts, as we have seen here, the ego-centric Pluvia in particular. We, of course also have some nasty, brook no criticism, longs--not here so much, in spite of what some have said, but certainly on RB.

You have to separate the retail shorter like we have here, from the MM's, who in order to keep liquidity in the markets, have to find stock to sell to you when you put in a "buy" order. If the shares aren't in inventory already, what do they do? They borrow the stock to sell to you--in other words, they sell you the stock you want "short." Even the retailer selling short is providing more inventory to put into circulation. WO the ability to do short sales, price swings and trade executions would be much greater--much like we see in extended hours trading. Of course if there aren't enough buy orders to absorb the sold stock, the price has to drop to restore equilibrium.

Cramer in the Street.com wrote a good article the other day explaining the process but lamenting that today, the order of the market is declining and volatility is increasing. The MM's are having a tough time--too bad <<gg>>--but they are less willing now to do the borrowing and taking the risk--hence more volatility.

I made a few k$$$ off EDIG today,long cause that's what I do, but EDIG really risky for now.

However, I'm curious what kind of bribes EDIG must have given to the the big cos. to issue the PR's touting EDIG's technology. There was nothing in it for them unless EDIG really has something to offer. To me, that's more important than the wonky exchange between burnsy and whoever. So the shorts better be nimble, because EDIG is no LOCK, BAAT or JAWS.

Jim



To: mochool who wrote (9931)1/26/2000 7:15:00 PM
From: Pluvia  Respond to of 18366
 
This is one for the books!! I wonder how it is possible for so many newbie sheep investors get herded into one ridiculous company!!!

But to "borrow" shares and sell them with the explicit intent to profit from a drop (and possibly leading to a drop due to a selling pressure) seems to me to be against the fundamentals of the equity markets. This is not supposed to be a casino for people to place their bets. We are supposed to invest in or trade equities with progress in mind.

ROFL!!!

What's that faint plink noise I hear ?

It must be your pea sized mind klinking around the inside of a empty coke can.



To: mochool who wrote (9931)1/26/2000 7:39:00 PM
From: Bear Down  Respond to of 18366
 
Glad it doesn;t make sense to you. Shows what an unintelligent form of life you are. It is legal, ethical and logical. It is just over your fence post IQ level and you can't grasp it. Just hold your long as it swirls down the crapper. Leave the shorts to someone who does understand it



To: mochool who wrote (9931)1/26/2000 8:11:00 PM
From: who cares?  Respond to of 18366
 
Your too much, I mean I love this guy.(I say that the same way Christopher Walken says it to Dennis Hopper in True Romance) Do you live in happyland? You really are just too funny, how can you be so blind and naieve as to what's happening around you? Did it hurt when they sewed your eyes shut?

You sell a stock because you believe the odds of it going down are greater than it going up. So does a short. You buy a stock because you feel the odds of it going up are greater than down. So does a short. Shorts just get it a little backward, then again maybe your the one that has it backwards, who's to say. Certainly not someone wandering aimlessly in the no clue desert like yourself.

CMB