RE: Make shorting illegal22 Oct 2021 16:34
As always where there is money to be made , many humans get greedy & then germinates toxicity,
Shorting is a part of modern markets , hedging against longs reducing risk etc ,
Don’t have a problem with that as doesn’t really effect the stock price .
However , like I say some greedy grubby fingered traders came up with the idea to manufacture hornswaggle regarding the company to artificially drive the stock lower to make as much dosh as possible irrespective of the damage to the company stock & subsequently the company itself .
These boards & the internet have germinated many financial groups to instigate there toxic attacks on stocks as the ‘ no smoke without fire ‘ works a treat with pi s ,
Toss loads of false boll0cks regarding a stock & some will stick & constantly sow seeds of doubt in naive investors ears they may eventually listen & sell .
Shorting Crews are certainly active & on these boards - can go horribly wrong mind - look at JUB last year
That also works with crews pumping stocks with false info regarding company valuation to sell high & leave the pi s holding ,
However there seems to be more shorting attacks than pumping perhaps it’s easier to instil doubt to human investors rather than a fantasy reward .
End of the day money can be made without toxicity - invest in the best & sup plenty of Grog
My musings
Rums all Round