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Politics : America Under Siege: The End of Innocence -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (5510)9/28/2001 4:12:15 PM
From: Qone0  Read Replies (3) | Respond to of 27666
 
The main thing I have against shorting is its such a waste of capital.

All that capital that builds nothing, invents nothing. Instead is used to place a bet that a stock will go down.

Its capital that is used to steal capital from the investors that invested in building something, inventing something.

Short selling as it is now can double the float of any company. Add naked shorting to that and the amount of capital it ties up is stupid.