lol ok

Jan 27, 2021
8:00:25pm

Milton Contributor

lol ok

Appeal to authority is the dumbest argument, especially in the context of the broader discussion. I guess I can dismiss everyone on the board that hasn’t actually worked at a hedge fund?

It’s been fun thx

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Milton

Bio page: Milton
Joined: Dec 5, 2002
Last login: May 15, 2024
Total posts: 730 (0 FO)

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Messages

Author

Time

My bid for WPOD - let's not turn this into Occupy Wall St v2.0

Milton

1/27/21 7:11pm

RE: My bid for WPOD - let's not turn this into Occupy Wall St v2.0

Virginia Ute

1/27/21 7:13pm

I’m ok with them shorting. I just don’t want them to get bailed out or protected

Triznaynay

1/27/21 7:14pm

I disagree with your second point. shorts, stock price, investor relations all

Baron

1/27/21 7:14pm

Thanks - any examples? Or a mechanism?

Milton

1/27/21 7:16pm

There is pressure to maintain or improve the price. The more shorts and

Baron

1/27/21 7:17pm

Going public definitely does matter. You have shareholders to answer to

Milton

1/27/21 7:22pm

You said this:

Baron

1/27/21 7:25pm

I agree with this completely. The worst year and a half of my career was after the company I worked for was purchased

specsauce

1/27/21 7:50pm

We can agree to disagree

Milton

1/27/21 7:52pm

So maybe speaking to what impacts management when you have never been in the

Baron

1/27/21 7:54pm

lol ok

Milton

1/27/21 8:00pm

It is not an appeal to authority is pointing out that you actually don't know

Baron

1/27/21 8:07pm

pwned

stoils

1/27/21 9:03pm

And impacts the company’s access to capital.Borrowing large number of shares to sell over supplies shares on the market

jollaksentie

1/27/21 7:31pm

A case can be made that it damages reputation

Carnac

1/27/21 7:20pm

The difference is they can sell before finding the shares. We have to find them

Spine

1/27/21 7:28pm

This is false

Milton

1/27/21 7:35pm

Nope. If my broker does not have shares available to borrow, I'm told I can't

Spine

1/27/21 7:38pm

Correct, and neither can the hedge fund

Milton

1/27/21 7:43pm

I know they passed legislation following 2008 to help prevent misuse. I also

Spine

1/27/21 7:49pm

Options makers exception makes naked shorting possible still.

rad dawg

1/27/21 8:01pm

There is a fundamental misunderstanding that is spreading here

Milton

1/27/21 9:21pm

So then in the end, the rules didn't work OR we have some market makers who may

Spine

1/28/21 2:27am

Here’s an idea. Let’s run these for profit media outlets out of business.

DiamondDog

1/27/21 7:29pm

Umm thats not what naked shorting is. For a guy in the business this is shocking

rad dawg

1/27/21 7:31pm

Sorry these "regular" guys are putting you though this.

fanbraves10

1/27/21 7:31pm

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