RE: The Shorting Summary ExplainedTimenahalf,
You sound like a short, are you in fact a short??? I am long ONC with many thousands of shares. Your reply sounds like rubbish to me.
Yes I keep the offered sell price well out of reach of day-to-day trading and if anyone is every prepared to pay me 100% premium for my shares I will take it. Whether they are a short wanting to cover or not. How many stocks appreciate even 50% in one day (covering or not), your statement in this regard is rubbish. I would never recommend putting shares for sale at anything less than the max you can achieve, which is typically well in access of what any daily price movement would be.
An offered sell price greatly exceeding the current price will not impact current trading. How do extreme bid/asks specifically effect any current realistic bid/ask??? How would this dissuade any potential investors from investing??
You seem to offer no credible resolution to stop my shares (or any other longs) from being shorted. While I welcome shorts who do so honestly, I believe as the next few years unfold, the professional shorts are going to become increasingly regulated as so many of them seem to engage in wholly illegal practices (check out the raft of "hedge" fund court cases recently).
Sounds to me like you are a short and don't want to have your party spoiled by anyone. Small companies like ONC are most at risk and Canada is a very easy regulatory environment, and good companies can be very easily and effectively manipulated in Canada.
What I do, I do so honestly to protect my investments from dishonest parties, whether it appeals to you or not.
But I'm always willing to learn, so please provide us your best strategy to protect against this abuse.