Madam,
I agree with your "investment banking" argument but have to side with Vinn , Antibody on common sense / motive argument.
I understand that shorts selling is legal & “genuine ” (genuine for the highly savvy & sophisticated ) - but outside the financial markets....my question is where can you sell something that you don’t own ? Is it logical to be able to sell something that you don’t own ?
Can you sell a house, a car, a painting, jewellery, diamonds or furniture that you do not own ? Why don't landowners in a new sub division with 5,000 lots (new land just been given the green lights) , lend these lots to investors that don't own the land but can sell it - why dosent this happen ?
Because they own ALL the 5,000 lots so nothing to be gained ? Do get my mum & dad investors drift ? Unfortunately commercial mum & dad logic does not always apply in the financial markets.
Still ..it provides opportunity for long termers as well. My opinion only. Please DYOR.
MSB Price at posting:
$4.70 Sentiment: Buy Disclosure: Held
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