Regular shorting is ok and can be used to sniff out bad companies. Naked shorting which is already illegal, is the issue. As creates counterfeit shares.

You are right. Shorting can destroy a legitimate business, for mere gain. Usury x 1000.

Shorting only if you have the goods to sell. In a normal marketplace, no one would accept a seller who only has cash settlements.

Yeah dude. I buy that AR 15 for 100 dollars. I'll take you up on that one.

here' s your money back.

It is commercial clutter.

Didn't another country just do exactly this and ban short selling? I have to go look. Edit. Yep. South Korea but it is temporary https://www.reuters.com/world/asia-pacific/south-korea-extend-short-selling-ban-now-2024-06-13/

Actually every member here can down vote comments. Plus there is the deport button for topics.

On the subject of short selling, it is fine as long as it is a company like Disney or any one of those DEI fools.

Stock market in general is bogus and exists to be manipulated by the powers that be, change my mind.

Yes but not until everyone shorts Crowd Strike.

So should deploying deathjabs that kill millions?

I agree, should be an investment for assisting, promoting and rewarding healthy/positive fiduciary behavior. Puts, turn it into a gambling (over/under) mechanism heavily influenced by the news cycles for which only a select few are provided with the 4 am talking points in advance…🤔

Retail investors should be able to take that risk and even large institutions wouldn't be a huge problem if everything wasn't so monopolized and interconnected.

Mobile you can downvote posts and comments. I never knew the desktop site didn’t let you downvote. Just tried it…interesting. Learned something knew!

I agree.

So should re-hypothecation of assets be banned.

Forgive me if I use the wrong term, or use it incorrectly. I have only a cursory understanding of this.

Here is a cut/paste from this letter:

In his groundbreaking book The Great Taking—which galvanized many of the questions that inspired our research into the UCC—David Rogers Webb explains:

Essentially, all securities ‘owned’ by the public in custodial accounts, pension plans and investment funds are now encumbered as collateral underpinning the derivatives complex, which is so large—an order of magnitude greater than the entire global economy—that there is not enough of anything in the world to back it.

The illusion of collateral backing is facilitated by a daisy chain of hypothecation and re-hypothecation in which the same underlying client collateral is re- used many times over by a series of secured creditors. And so it is these creditors, who understand this system, who have demanded even more access to client assets as collateral