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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (2287)11/8/1998 1:01:00 PM
From: Coz  Read Replies (2) | Respond to of 43080
 
Last,

Help me out with something here. I keep reading on virtually every thread that "shorters" drive the price of a stock down. This has always seemed crazy to me because shorters borrow shares and hold them just like the longs do. In my mind, sellers drive the price of shares down.

Am I missing something? Is there something that a shorter holding borrowed shares does that makes the price decline? Is it simply the fact that there are a large number of shorters in a stock that would somehow turn the holders in to sellers?

Coz