Stock Market: Why shorting is wrong

Here is an article about how to short the stock-market. Shorting is selling stock you don't own, hoping the price will go down, and buying the stock at the lower price to cover your previous sells, hence making money. While within the law, it's just plain wrong.

Shorting allows day traders and the like to continue to make money while the market drops, but by doing so they are encouraging the market downwards hurting 'long' investors - aka your super fund.

Shorting should be banned permanently. The ongoing greed in the market is disgusting - step up the plate governments of the world! It's time for some regulation.

| 16 Feb 2009 | #