Kana -> RE: Short selling...leave it alone. (3/10/2010 10:04:54 PM)
|
quote:
ORIGINAL: DarkSteven If they want to outlaw something, have them outlaw margin purchases. Quoted for truth. This sounds like another of those well meaning attempts to ban stupidity. As usual coming at the expense of civil liberties. Broadly speaking short selling is a losing strategy. The market is too volatile for consistent prediction unless the holder possesses, and uses, insider information. At best, it is a high risk, high return, high cost (all those trades cost money) strategy. If an investor chooses to follow it, more power to them, but they need to be willing to take the hit and lose everything.
|
|
|
|