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To: STOCKMANDAN who wrote (4854)3/17/1999 4:50:00 PM
From: realmoney  Read Replies (1) | Respond to of 5300
 
Stock., Your wrong! I have twice as much money long as I do short. I do not short legit companies. I only short hyped, overvalued, or otherwise fraudulent BB companies. What you don't realize, is that it is WCTI who is stealing your money, not me. I'm here warning you that they are up to no good. The problem with pump and dumps is eventually, THEY DUMP. This happens whether I'm short or not. I hope someday after you've lost your ass(hopefully not too much, just enough to learn your lesson)on a few of these, you won't look back and feel incredibly stupid for not only being a victim of these scams, but for publicly defending those who were scamming you against those who were trying to show you the truth. Keep in mind, if you would have sold when I started posting, you would have saved $6 a share. My conscience is squeeky clean, friend.



To: STOCKMANDAN who wrote (4854)3/17/1999 5:37:00 PM
From: Ahmad Sinno  Read Replies (1) | Respond to of 5300
 
Stockmandan,

As long as you are raising an intellectual issue, I would like to contribute my two cents worth. I don't think that it is the shorters that cause a stock to drop, it is the company's performance that does. If a company is taking a beating in the market place, it's stock is going to drop vis a vis its competitors. All shorters are doing is try to take advantage of a situation.

Regarding your other point that investing this day and age resembles gambling more than true investing, I totally agree with you. Witness the increased volume of option trading and other similar trading vehicles.

If I understand you correctly, you imply that shorting is immoral (maybe immoral is a strong word). If that's the case isn't option trading the same ?

For everyone: To keep the level of noise down, please spare me and everyone else on this threads, flames, condescending comments and insults.

Ahmad