stevespray
Experienced member
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Loada Dosh.....
"Legal Theft" is an Oxymoron.
Why can't you grasp the fact that short selling is a perfectly normal market tool ? No one is stealing stock from anybody. How would you feel if you borrowed a mates car (with his permission of course) and then the police stopped you and charged you with theft ? On the way to the police station you tell the officers that you were borrowing the car with the owners consent but the officers say that you are being "unethical" and by borrowing a car you are distorting the car market - "If you want a car you should buy your own !" They tell you.
I dont accept your reasoning on issued stock either, the stock being 'borrowed' is issued stock so no dilution is taking place.
Steve.
"Legal Theft" is an Oxymoron.
Why can't you grasp the fact that short selling is a perfectly normal market tool ? No one is stealing stock from anybody. How would you feel if you borrowed a mates car (with his permission of course) and then the police stopped you and charged you with theft ? On the way to the police station you tell the officers that you were borrowing the car with the owners consent but the officers say that you are being "unethical" and by borrowing a car you are distorting the car market - "If you want a car you should buy your own !" They tell you.
I dont accept your reasoning on issued stock either, the stock being 'borrowed' is issued stock so no dilution is taking place.
Steve.