Archive for January, 2011
To short sell a stock, is to sell a stock that you do not own.
Selling something that you do not own is stealing. For it not to be stealing, you must get permission first as a requirement, before you can sell what you do not own.
The permission to sell a stock that you do not own is the short sale restriction requirement imposed on short selling.
When you remove that restriction, short selling a stock that you do not own becomes stealing.
There is no moral justification for short selling. (stealing)
When they tell you it is useful for price discovery that is a lie.
When they tell you it provides liquidity to the market that is a lie. It takes away liquidity from the market; it steals other people’s invested capital from the market.
Is it ok, to rob a bank to get money to open a bank account or build a new bank ?
The answer in No. That will be stealing.
But that is the business model of the Hedge Fund Short sellers - a criminal enterprise.
Stop the assault on capitalism.
I want my country back.
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