Jam644,
The only liquidity that a short-seller tries to achieve is to their bank balance...and if they achieve a profit it is by definition,a loss suffered by share holders.
They have no interest in the stock or the company's future-it is purely a mechanical act to "smash" the share price as much as possible...create fear so other shareholders sell and panic and they come in for the kill and buy back a low price,which would not have existed without their actions.......adding liquidity to the market ? hardly.
Short-sellers have been blamed,and rightfully so,for Destroying Lehmann Bros and Merrill Lynch and nearly Destroyed AIG,Citigroup and Bank of America...where is the beneficial market liquidity there ????
Short-sellers are nothing but 'the scum of the earth who create fear and panic and destruction in order to exist'
Jam644,The only liquidity that a short-seller tries to achieve...
Add to My Watchlist
What is My Watchlist?