PMI GOLD CORPORATION PMVGF

Shorting

[flushbreaker]

I have to disagree with you, and to be upfront about my position, I used to short regularly as a proprietary trader, but not so much anymore as someone who simply trades their own account fairly lightly.  Your example about someone accessing your bank account is innacurate because with shorting , the shares MUST be bought back and returned at some point (unless company A no longer exists), thus equal buying and selling pressure to the market.  One thing I do feel very strongly against is Naked Shorting, which should certainly be illegal and banned.

 I'm a firm believer that if a stock is too expensive the market will eventualy correct this, similairly to if a stock is undervalued. Without short-selling stocks would likely climb to far in many cases...there has to be some way to keep a handle on upward momentume as well...