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Pastimes : Organized Shorts - Could be watching your stock. -- Ignore unavailable to you. Want to Upgrade?

To: Land Shark who wrote (186)12/6/1998 4:52:00 PM
From: Doug R  Respond to of 271
 
That's why I started my post with "Profit is profit". Anyone sucked into righteous indignation as a rationalization for holding way too long while their stock is being decimated by selling, deserves what they get. Sorry about being way too serious.
Oh, and sometimes I do get the feeling that some of my picks are "faded" by shorts (just because you're paranoid doesn't mean they're not really out to get ya >>gg<<)

And to think there's all those draft dodging reprobates up in Canada sitting on the border shooting down OTC/BB stocks like so many skeet when some hypster on this side yells, "PULL!". Hmmm, anybody know of any way for a US citizen to open an online trading account with a firm that is exclusively Canadian?

Doug R



To: Land Shark who wrote (186)12/7/1998 2:11:00 AM
From: paulmcg0  Read Replies (1) | Respond to of 271
 
[I decided to come up with a moral argument for shorting, plain and simple.]

One "moral" reason for shorts, that I have seen in several academic papers, is that they provide liquidity when a stock collapses, by buying cheaply to cover their shorts, when there is a lack of buyers. (The Longs have to realize that sometimes they are lucky to get whatever low price the Shorts are offering for their garbage stocks!)


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