Comment Re:A new HIGH for Slashdot (Score 1) 428
Absolutely the market should determine its value, Skippy.
But the "market" is not confined to mouth-breathing, gullible bagholders, though I'm sure you wish it were. It includes short sellers, "naked" and "borrowed". And the attempts by crooked promoters and inept managers to restrict short selling of any kind merely leads to markets with artificially over-priced securities... a condition that can only be detrimental to the interests of investors.
As for Wikipedia's refusal to let crooked promoters and inept managers junk up their site with misinformation and lies regarding naked short selling and its effects, that's a decision they're certainly entitled to make.
As it turns out, it's the correct one.
But the "market" is not confined to mouth-breathing, gullible bagholders, though I'm sure you wish it were. It includes short sellers, "naked" and "borrowed". And the attempts by crooked promoters and inept managers to restrict short selling of any kind merely leads to markets with artificially over-priced securities... a condition that can only be detrimental to the interests of investors.
As for Wikipedia's refusal to let crooked promoters and inept managers junk up their site with misinformation and lies regarding naked short selling and its effects, that's a decision they're certainly entitled to make.
As it turns out, it's the correct one.
