short selling banned - bill passed in senate, page-24

  1. 3,648 Posts.
    naked shorts = selling something you have no ownerships or rights over whatsoever = stealing ---> should go to jail

    covered shorts = selling something borrowed ---> organisation lending to shorters does so usually without permission/knowledge of the ultimate stock owners, e.g. super fund ---> fraud = stealing = lender should go to jail

    ppl who defend shorting = selfish, self centered, unethical, morally bankrupt low life rat bags, with no consideration for others whatsoever


 
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