CDU 0.00% 23.5¢ cudeco limited

price of copper capitulates by 21%, page-16

  1. 2,336 Posts.
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    Hi Charlie,

    "Whilst the bears will do their best to upset the long term holders"

    Charlie, I have a lot of friends who regularly trade markets for a living and particularly close to one person who is a very active shorter and indeed a very successful one at that.

    But none of them set out to upset long term holders, they strive to make a profit as do the long term investors.

    Whilst I don't agree with the practise of selling something that you don't own, I and everyone else are reminded by the fact that such a practise is fully sanctioned by the ASX and continued bickering on the subject is just a lot of wasted words.

    I really don't think that shorting of stocks will ever be made illegal, and I guess that in a lot of cases shorting does help to stabilise markets.

 
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