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To: the invisib1e hand
I have thought this through quite thoroughly and recognize short selling as a fraud perpetrated on real investors. These people have NO incentive to knowingly "lend" their stocks and don't.

There is no doubt that those sophisticated enough to profit by it can rationalize many facts away including the fact that by lowering the return on stocks held by real investors the speculators raise the cost of capital and lower capital formation by discouraging investors.

As I said there are legitimate ways of speculating against stock prices without cheating the owners of stock.

You can keep your pretentious platitudes and save them for some 20 year old, son.
58 posted on 09/03/2005 9:59:33 PM PDT by justshutupandtakeit (Public Enemy #1, the RATmedia.)
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To: justshutupandtakeit
You can keep your pretentious platitudes and save them for some 20 year old, son.

OK, dad.

Something about your vitriol and stubborness on this issue makes me thing I had this debate with you years ago.

I'm sorry for the pretentious plattitudes. I'll be more plain: what you say about short selling is thoughtless, childish and irrational.

There, is that better?

G'nite, end of our little tet a tet.

61 posted on 09/03/2005 10:11:04 PM PDT by the invisib1e hand (we don't need no stinkin' tagline.)
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