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Short selling should be banned. Those in the industry will never...

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WildOne

199 Posts.

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03/02/21

13:26

Post #: 50673357
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Originally posted by wingedwarrior: ↑

I agree with you entirely. Perhaps what Q is trying to suggest is that these shorters are 'renting' other peoples stock holdings for a period, and the rental 'cost' is quantity 'rented' multi0plied by the relevant SP at the end of the rental ,or at the time the 'rental contract' is cancelled? It follows that if an SP can be driven down (simply by selling shares cheaply and/or using automated bots), there will be significant benefits for these 'renters' and significant disadvantages for normal retail holders. A bit like betting against horses, teams, etc winning in sport and maybe help[ing to achieve that outcome?

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Short selling should be banned. Those in the industry will never agree because it promotes turnover ie more fees. Totally immoral for fund trustees to lend stock which drives down price of member assets.

ORE Price at posting: $5.23 Sentiment: Buy Disclosure: Held
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