RE:RE:RE:RE:nobody is short selling your sharesNot sure where you're getting any of that from...
Here's how it actually works -
I buy shares and deposit it with a brokerage. Since the brokerage is holding the ownership - under my trust - it is effectively theirs to store however they please.
One way that often pleases them is if Mr SlimeyRat Shorter comes along and says that he'll borrow those pesky shares from the bank, and even pay them for the priviledge of doing so. The brokerage figures - sure..
it's not like the owner is selling them right now, and even if they were, we have enough people trusting us with these shares that if they decided to, we can juggle the books and use someone else's shares while these ones are on loan.
So Mr Short goes out, sells his pile of shares, pockets the money, and hops on to Stockhouse/Facebook/bathroom stalls spouting whatever he can to scare a few more shakey hands to sell theirs to the bids all at once and get the price to drop. Once he thinks he's thinks he's got the shares down as low as he can get them, he buys them back, returns them to the brokerage, and pays them their dues.
It's not that complicated, so there's no need to come up with imaginary processes like some weirdly managed account where the bank slowly sucks away your savings with no hope of ever seeing it back unless you get lucky.
And banks lose too, by the way...
gimmycash wrote: sorry just a littlte correction i did not read what i wrote.lol the bank will sell the shares but the money stays in their account,as if it was yours,but not really.when you decide to buy back at a cheaper price you make the difference.but dont forget that banks never lose,if they have enough shorts out they will just buy up the stock and screw everyone.