"isplutter, have you anything to say that comes from YOUR self???????"
Ermm.. what? You just copy+pasted everything I've written in this thread. Not sure what you're trying to get at buddy.
"Short selling did not exist back then."
Why not? If borrowing existed, so did short selling.
" It is not something innate to markets as isplicer argues. It is also not necessary for proper function of equity markets."
Stop and think what would happen if one couldn't go short on currencies and commodities, two markets that control the economy to a far greater extent. Imagine the consequences if a business couldn't hedge their cashflow due to currency fluctuations.
hope it rally today, page-39
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$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
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