Mudskipper, not sure there is much of a difference ! either way your SP is being manipulated in a downward direction by either action ! Very much agree on MM's and maybe the shorting issue could be the thin end of the wedge. I am though-after having run and sold a profitable 97 employee business-very much against "The shorters" who can destroy a perfectly well-run and established business. This is , I know in opposition to some recent posters on this subject, however, thankfully I have not lost sight of my moral compass.
Where do the traders get the stock to short sell from? If it is from the likes of invest direct lending our shares out then I think they should have our permission and then if the holder is against the practice his shares cannot be played around with.
Not sure why on earth we are petitioning against shorting, next we'll trying to cap all gains due to excessive nature of profiteering, followed by fat cat salaries! This is all dangerous on this board I feel, especially when the sp starts to hit the £'s Surely we should be petitioning against unfair manipulation and for better regulation of the AIM market
No, the modern day equivalent is still interest. Compound interest in particular. I don't know why you're equivocating interest with computer trading 'and forex', which itself is an odd sentence because forex can be automatically traded anyway. How is automatic computer trading 'making money out of money'?
Firstly I should say that I am not overly religious ( in fact hardly at all) but I do remember the Bible saying it is wrong to make money out of money ( presumably talking about money lending)hence the Muslims taking it one stage further and having "no interest" bank accounts. The latter day equivalents would I think be automatic computer trading and forex.
And anybody with an ounce of sense should be grateful it's a democracy; should enough ignorant people sign this petition to get it to discussion in the House, it'll be thrown out forthwith. Those same people would be the first out with the tearful remonstrations when the market becomes more volatile because shorting has been banned, fair value cannot be determined and the efficient market, such as it is, fails to function.
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