Shorting Probably The Most Inappropriate Mechanism In Any Industry29 Feb 2024 08:37
IMO a practice that should never exist,it’s just a front to cover fraud and manipulation
True price discovery is found in any real market based on supply and demand. Not enough supply price goes up,too much supply price goes down
You can’t borrow my house or car in order to dump it on the market cheaply in the hope you can destroy the market price so you can artificially buy it back cheaper below market cost later
This very practice linked to naked shorting (fraud) and then derivatives of this fraud eg same lending of the same non existent shares to multiple parties is a “F” joke
After hours,pre market,off exchange,dark pools,FTD’s,spoofing,stock sold not yet purchased,short and distort campaign's,the list goes on and on
If these types of practices were employed in estate agency’s or car retailing the regulators would be all over it and charges to persons involved would quickly follow! However in financial circles it’s all treated as part of the corporate game playing for the boys!
Thank god someone sees this situation for what it really is
https://bnnbreaking.com/finance-nav/south-korean-stocks-soar-as-regulators-reinstate-full-short-selling-ban