shorting, page-44

Hi T4P,

You said:

"You buy shares in a company, obviously with the expectation the price will rise?

"But...someone gives your shares to someone else, for a realatively small fee (which you do not get), who sells them with the view to pushing the stock price down...and you investment value with it!"

I'm surprised that anybody can sell shares that I personally own without my permission. I wonder, then, could somebody also sell my house without my permission.

I can understand that this might occur indirectly; e.g., I indirectly own shares in a Super fund.

But this is not what you are saying?

I'd like to know how anybody can sell something that I personally own without my permission?

Cheers
Red