Stock of the Day
Stock of the Day
Out of context: Reply #287
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- zarkonite4
They shouldn't allow short selling, if you want to bet against a company you should invest in its competitors. At least this way it's tied to reality and not this magic math trading bullshit.
- Gregory from the walking dead was the personification of this. A swindler, grifter, was smarter than everyone else, didn't have to do any work or contribute_niko
- look how he ended up lol https://www.thesun.c…_niko
- short selling = borrowing and selling shares, with the aim to buy them back cheaper and return to lender, keeping difference.shapesalad
- short selling is a really useful tool. Ideally you use it to hedge in the first few mins/hours of a trade, just in case the market goes against you.shapesalad
- Selling something you don't own is ridiculous in any other circumstances.zarkonite
- then you can close your long trade at a loss, but make it back with your short. If your long is all good, you close short and put a stop loss in above your buy.shapesalad
- and the trades on stocks should reflect what's happening with the company in the real world, this is just a taking capital away from creating jobs.zarkonite
- It's a parallel economy that only deals in cash to make more cash.zarkonite
- I get how it works Shape, I've been doing it a long time. I just don't think it's good for society or the economy at large. The idea of buying stock was to helpzarkonite
- companies access capital to expand and create more jobs. This is totally not that.zarkonite
- @zarkonite +100Krassy
- @zarkonite +1000sted