Wednesday, April 27, 2011

Bears Have Taken A 180% Turn On "Shorting"

Many market bears have claimed that allowing the shorting of stocks was a good thing and it allows for 'price discovery'.  (I say, "Whatever.").  They staunchly support the practice of shorting.  But now that they have gotten a taste of how detrimental and unfair shorting stocks really is, especially when JP Morgan smashes their gold and silver shares, they no longer believe that the act of shorting stocks allows 'price discovery'.

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