I'm interested to know what others think of the practice of short selling.
For the odd person who doesn't know what short selling entails it's this.
Instead of buying shares in a company you sell them. You sell them when
you haven't got shares to sell. Comes the ending of the trading period
usually the same day you buy the number of shares that you sold so your
account with your broker balances. If you have judged the market
correctly the cost of the shares you have bought will be less than the
price
you were 'paid' for them when you sold - the difference is your profit.
This is what a lot of the 'traders' do and this is what helps to sharply
reduce the price of stocks when things look murky as they are at present.
Commentators query this practice but it appears that market practitioners
think it's quite reasonable. This practice is can be very profitable
when
aligned with false rumours which can be started on the internet without
anyone ever finding the source.
Should you be able to sell what you don't own?
