RE: shorting petition6 Mar 2019 16:19
We shall have to agree to disagree... Lets say you borrowed 1000 shares from me in company ABC OIL DRILLING, You then sold them staright away for £100 each. (You now have £100,000) Tomorrow, ABC OIL Drilling announce that they have BH sniffing round... the SP jumps to £120... You all of a sudden have brown underware. You start flapping. (Thinking you need to get shot of this, before you drown) However, 2 days later RNS lands, Major issues on drill, cracked shaft and broken drill. The SP dives hits £65... Phew, you close your short make £35,000/ Nice!! Thats shorting. No one who shorts unless they have real inside information wants to be holding a short for longer than they have to... Those with inside info will be constantly going long and short. (That is inside information, techincally illegal trading) Long term holder are justthat, going long, put their money up front and will sell out once the SP hits their target. Please dont give me any bull that they are in it for the long haul and will stay forever, if so then you are in the wrong market. The FTSE would be a far smarter place to invest. AIM is all about ups and downs. People making a quick buck. Problem is when people miss judge and end up stuck in an aim stock for longer than 6 months.,.. (That includes me too) No one has an emotional connection with an AIM company when they first invest, they simply invest to make a fast buck. Any other reason is poppy c*ck. Disagree and you are obviously not very clued up to how markets work. Remember, for you to buy shares in AIM, someone must be selling. For you to sell, someone must be buying. Long or short, its a market.