Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Avant (AVNT) -- Ignore unavailable to you. Want to Upgrade?

To: Cautious_Optimist who wrote (1905)	1/2/1998 1:34:00 PM
From: vegetarian	Respond to of 3441

>>Why does a short have to justify himself/herself? Do shorts feel guilty making money because they recognize a stock price that doesn't represent value? If AVNT longs are "innocent shareholders" what are the shorts? << I am not shorting AVNT because of its price or value, but mainly because of the executives cheating. The way longs buy a stock is based on what the company releases, what the analysts following the company release, and the stockholder's own evaluation of company's prospects, the former two being significant components of the evaluation. There is a difference to the longs when a stock goes down because its price becomes overvalued and because the company cheats+their products are based on stealing+their analysts lie. I would consider the longs who bought based on company's releases+statements_analyst's statements etc victims here; you may choose to feel it is not that way however, your comparison of shorting where a company is overvalued based on price and this case where the company has cheated the shareholders being equivalent does not count that way in my opinion. I truely beleive that some longs would not invest in the company if it had not lied, that is not to say that this is the first time ever such a thing is happening.