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To: justshutupandtakeit
Short selling is one of the biggest most destructive rackets imaginable and serves no good economic function.

That's absurd. The market is served by rational prices. Are you one of these guys who thinks the only purpose that the market serves is to go up so that you can make money for doing nothing?

By law the brokerages are able to "borrow" (steal) stock from owners who have bought them on margin and allow the parasites to sell them.

How is this theft? You don't have to loan your stock out if you don't want to. Plus the short sellers pay interest on what they borroe.

This is against the interest of the owners who would never allow their shares to be used in such a fashion knowingly since it cannot help but undermine their financial interest.

Once again, the owners do not have to allow thier shares to be borrowed. You sound like one of these guys who got burned in a stock that was worthless, but have decided to blame someone onther than yourself.

35 posted on 06/12/2002 1:07:14 PM PDT by Rodney King
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To: Rodney King
The point is (should you care to read what was written) owners do not lend their stocks; it is taken from margin buyers by brokers and "lent" to shorts who pay the brokers NOT the Owners for the "loan." It is manipulation on a huge scale and is not legal in many advanced countries.

The stock manipulators had this practice legalized in the 30s when racketeer Joe Kennedy was in charge of the SEC.

By artifically increasing the supply of stocks for sale thru these thefts the interests of the true investors and owners are undermined. If you think a stock price will fall buy puts but, of course, this does not artifically increase the supply of stock for sale and automatically drive stock prices down as does manipulation. So these parasites won't do that.

What I am is a guy who can actually cut throught the bilge and describe what is really happening. Only a small percentage, if any, of stock owners would consciously lend their stocks to those determined to drive down their value. There are a few of these idiots but the vast majority comes from manipulation of margin buyers' stocks without their knowledge.

"Rational" prices my ass. How does disemboweling investors increase their willingness to invest? Shorting reduces capital formation because it increases the uncertainty faced by new companies or companies undergoing rough periods. It is very destructive of capitalistic principles. No one productive benefits from this insidious and little understood practice only the parasites sucking off the life blood of the capitalistic system.

Apparently you are unaware of where this stock comes from preferring to believe the media idiots descriptions of the practice.

39 posted on 06/12/2002 1:26:15 PM PDT by justshutupandtakeit
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