RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bear market is coming
Shorting should stay legal but not in the way it's done now. If you're long, you can only buy as many shares as you can afford - whether that is 80 million or 100. If you're short it's unlimited. And you can borrow anyone's shares. Investors who go long should be able to specifically mark their shares and, if they wish to, deny permission for their shares to be borrowed by someone who wants to go short. Shorting is not something that is done successfully by those not connected to the establishment. It is done en masse and in a huge way by those who are in the know. It is also done in a way that manipulates the market. So if you're long, keep your shares - don't sell them. Sooner or later, the shorts will return their shares and the stock will move up. The problem with the way it's done now and why it should be more regulated is that what you're seeing with TSGI is a massive coordinate effort by those that are well connected and in the know to drive this down so that they can make 100% profit in the space of a few months, while the rest of us have to wait years to see that gain. Look at Shopify, look at Home Trust, look at Canada Goose - all of these companies were subjected to a massive prolonged short attack. TSGI is just the next victim. It has nothing to do with anything that would could be figured out logically - except greed. Look at it this way: going long, it's just not possible to technically drive the stock like this. But if you go short, you can borrow an UNLIMITED amount of shares and SELL. This is not a problem with TSGI - the whole gambling sector has been attacked this way. Investors need to realize exactly what is happening because there is many different type of situations. There is no debt/dilution problem catdog. When you buy a company, naturally, you have to pay for that. TSGI is much bigger now. Don't try to look for an explanation with what's going on at this company - just look at Wallstreet. That's the problem. Those guys are massively connected and driving this bus right now. But eventually they are going to return millions of their shares back. First they borrow, then they sell EN MASSE, and then they return those shares. They make 100% profit on their short. AND GUESS WHAT? What do you think the shorts will do when they return the borrowed shares??? Not only are they going to return those shares and stop their short BUT AT THE SAME TIME, they will BUY in BULK at the depressed share price AND MAKE A KILLING - ... pay day, like robbing a bank. SEC needs to put a stop to this because it contributed to the 2007-2008 recession. AND guess what? SEC DID address shorting in 2007-2008 but they only do so when we are already in trouble. ...