Roy 2 u
Short selling is different to buying, cause it fundamentally works against the long term success of the sharemarket. Short sellers don't help a company who may want to raise funds from an equity issue.
A matter of fact, short selling can become self fulfilling as a result of this affect on the ability of a company to raise equity capital at a reasonable price.
I am with Gerry Harvey and am opposed to it. It is particularly sinister when done in concert with a media campaign at the same time....even csl was subject to this a while back which pushed it to about $90....but it is strong enough....many companies aren't so lucky.
I did enjoy the shorters getting burnt with Spo , and many of the smarties in the big end of town were in on the joke....did u see all the screams of horror....all cloaked in a form of "it's a terrible buy" by the same people who were generally advising clients to short Spo, or managing hedge funds that were short!
- Forums
- ASX - By Stock
- QIN
- Thoughts for Monday open: sell, do nothing, buy?
Thoughts for Monday open: sell, do nothing, buy?, page-12
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QIN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online