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To: M-cubed

You don’t need shorting for supply and demand.. I have a stock to sell and you are willing to buy it at a certain price.. if that’s below market price then the price falls.

Hard to believe such easy concepts are so hard to get across.


215 posted on 09/22/2008 7:09:14 PM PDT by Almondjoy
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To: Almondjoy
one more try!..... http://finance.yahoo.com/tech-ticker/article/83437/Stop-Blaming-the-Shorts!-SEC’s-Ban-Hurts-Market-and-Didn’t-Help-WaMu-Wachovia?tickers=GE,IBM,CVS,%5EDJI,%5EGSPC,XLF

Short sellers BUY stocks that have gone down.....Halting the slide of sellers at a perceived reasonable and fair price! (usually higher actually cause its hard to pick the lowest point )

PS.....I covered my short position of Wacovia (17.35) at 1.83 even though it went lower!!!....Some seller somewhere got to sell his stock at a HIGHER price then he would have gotten later.....I SAVED HIM SOME LOSSES!.... get it???

216 posted on 10/01/2008 10:33:45 AM PDT by M-cubed (Why is "Greshams Law" a law?)
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