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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (91043)3/17/2005 12:18:29 PM
From: Bill Ulrich  Respond to of 122088
 
yeahokaywhateversorryfortheinterruption



To: rrufff who wrote (91043)3/17/2005 3:22:16 PM
From: SI Dave  Read Replies (5) | Respond to of 122088
 
I have a question:

How is naked shorting of a security (a contract to produce the security at a later date) any different than me entering into a contract with you to provide a future service or product?

In either case, I'm selling you something that I don't currently own and that may not even exist to be delivered at a future date. The burden is on me to either deliver on the commitment or face the consequences for failing to deliver.

It seems to me to be a simple case of free enterprise and contract law.