Hi WW
The one who is to blame for allow shorters to short stocks is ASIC and looking at the damage these shorters can infict on the share price they should have reviewed this a long time ago.
Today's royal commission into the banks have showed us how greed has taken over the banking sector.
The same can be said about the stock market and the manipulation and distorted advice from brokers who put sells on certain stock so they can buy them cheaper.
The unequal playing field between the retail and investment banks has also never been addressed.
I hope that after the banks and super funds the next royal comics ion will be into disallowed and ASIC itself being a tooth less tiger who rather looks the other way instead of doing there job.
Shorters create fear in the market and do nothing to have a fair playing field and able companies to grow.
Instead they make the market eratic and more like a casino then a place where companies can go to get finance to make their business grow.
KDR Price at posting:
$1.24 Sentiment: Buy Disclosure: Held
