short sales report vil, page-4

Melua,

I congratulated you for selling at VIL at 6.1, but I think advocating shorting is immoral.

It artificially forces the SP downward by applying selling pressure.

Some suggest that it is good because it increases liquidity. I suggest that it is bad because it encourages instability and allows downrampring shorters to take profit from those who genuinely see positive developments in a company.

Isn't it enough sell high and then quietly sit on the sidelines until you re-enter, thereby showing a modicum of class and humility?

Shorting is not available in some countries and those who promote its use in Australia are greedy IMHO.

You may well make money, .....but I hope you close out ...at about 6.1c.

John S.