Quote:
Originally Posted by uhafmail
Not really. Shorters just devalue peoples stocks. Many shorters go on the major investment boards and talk rubbish about a company in the hope they can reduce confidence...
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And you think that people don't do exactly the opposite too?
Many people ramp stocks to inflate the price as well. Market manipulation cuts both ways.
The whole issue with the banning of shorting banks was a red herring they were in trouble because of irrisponsible lending policies and bad management. Sure the shorting didn't help them but that is only because they put themselves in he ****