Ka$hmira, nothing else in financial markets comes close to causing me cognitive dissonance than shorting.
From a moral standpoint I feel shorting stocks is reprehensible, it offers nothing and has the potential to starve company's of capital and therefore impact the economy.
However; from purely a profit opportunity standpoint, shorting creates a vibrant market that both creates overshoots to the downside and curtails overshoots to the upside. Without shorting the markets would be a much duller place where capital movement - and therefore opportunity - would be less profound.
I cannot bring myself to supporting shorting as a concept even though I have in the past and will in the future profit from the aftermath of shorting activity
Mightyatom (in turmoil deciding whether likes or dislikes shorting)
SGH Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held
